8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): May 16, 2008

Farmers National Banc Corp.
__________________________________________
(Exact name of registrant as specified in its charter)

Ohio	0-12055	34-1371693
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
20 South Broad Street, P.O. Box 555, Canfield, Ohio		44406-0555
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: 330-533-3341

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

On May 16, 2008, Farmers National Banc Corp. issued the press release attached as Exibit 99.1, reporting on a cash dividend payable on June 30, 2008.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Farmers National Banc Corp.
May 16, 2008	By:	Frank L. Paden
		Name: Frank L. Paden
		Title: President and Secretary

Exhibit Index

Exhibit No.	Description
99.1	May 16, 2008 Press Release

EX-99.1

Friday, May 16, 2008

Press Release

Source: Farmers National Banc Corp.
Frank L. Paden, President
330-533-3341
888-988-3276 (Toll Free)
330-533- 0451 (Fax)
exec@fnbcanfield.com

FARMERS NATIONAL BANC CORP. DECLARES CASH DIVIDEND

CANFIELD, Ohio – The Board of Directors of Farmers National Banc Corp, (OTC BB: FMNB), has declared its second quarter dividend of $0.12 per common share, payable on June 30, 2008 to shareholders of record on June 13, 2008. This represents a reduction of $0.04 per share from the cash dividend that was paid in the previous quarter.

Frank L. Paden, President of Farmers National Banc Corp. commented on the decision to reduce the cash dividend, “Our Corporation has been able to avoid the troubles that have forced peers to take actions to support weak capital levels caused from high loan losses, due in part from the sub-prime loan issue and the overall downturn in the real estate markets. Rather than returning excess capital to shareholders in the form of cash dividends, we are being more proactive with this decision with the intent to preserve capital and reap the benefits from a stronger capital position as the markets stabilize in the financial services sector and our performance improves. Additionally, this decision is a meaningful initiative in our long-term strategic plan, which enables us to create a stronger position for long-term shareholder value.”

Farmers National Banc Corp. is the parent company for The Farmers National Bank of Canfield. The corporation has $831 million in assets with sixteen banking offices serving Mahoning, Trumbull and Columbiana counties in Ohio. The company makes available a complete line of banking and investment services to companies and individuals through Farmers National Bank and PrimeVest Financial Services. Learn more about Farmers at www.fnbcanfield.com.

This announcement contains forward-looking statements that involve risk and uncertainties, including changes in general economic and financial market conditions and the Company’s ability to execute its business plans. Although management believes the expectations reflected in such statements are reasonable, actual results may differ materially.