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): September 14, 2009

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 September 14, 2009, Farmers National Banc Corp. issued the press release attached as Exhibit 99.1, reporting on a cash dividend payable on September 30, 2009.

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.
September 14, 2009	By:	Frank L. Paden
		Name: Frank L. Paden
		Title: President and Secretary

Exhibit Index

Exhibit No.	Description
99.1	September 14, 2009 Press Release

EX-99.1

Monday, September 14, 2009

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 THIRD QUARTER 2009 CASH DIVIDEND

CANFIELD, Ohio – The Board of Directors of Farmers National Banc Corp, (OTC BB: FMNB), has declared its third quarter dividend of $0.06 per common share, payable on September 30, 2009 to shareholders of record on September 18, 2009. This represents a reduction of $0.06 per share from the cash dividend that was paid in the previous quarter. Based on the trailing twelve months, the dividend equates to an annualized dividend yield of 8.23% for 2009 based on the closing price of Farmers’ common shares of $5.10 on September 8, 2009.

“At this time, our Directors have determined it would be prudent to preserve capital and strengthen our balance sheet, given the current challenging economic times which have negatively impacted earnings for most banks,” said Frank L. Paden, President. “Rather than returning capital to shareholders in the form of cash dividends, we are focused on increasing capital internally so we may reap the benefits from a stronger capital position as the markets stabilize. This will allow us to support the favorable asset growth we have sustained in the past twelve months and continue to be in the position to take advantage of opportunities.”

“The lower dividend payout still allows us to continue to give shareholders a dividend yield on their investment well above the average dividend yield for Ohio Banks and brings the dividend payout ratio consistent with recent earnings levels and anticipated capital needs to support our growth initiatives. Farmers’ capital ratios continue to be above all regulatory thresholds required to be considered “well capitalized”.

Farmers National Banc Corp. is the bank holding company for the Farmers National Bank of Canfield and Farmers Trust Company. Farmers’ operates sixteen banking offices throughout Mahoning, Trumbull and Columbiana Counties and two trust offices located in Youngstown and Howland. The bank offers a wide range of banking and investment services to companies and individuals, and maintains a website 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.