Farmers completes second merger within four months

CANFIELD

Farmers National Banc Corp., the holding company for The Farmers National Bank of Canfield, completed the merger of Tri-State 1st Banc, Inc., the holding company for 1st National Community Bank, the bank said Thursday.

The East Liverpool-based Tri-State merged into FMNB Merger Subsidiary LLC, a newly-formed, wholly-owned subsidiary of Farmers. As a result, shares of Tri-State are no longer traded on the OTC marketplace.

“We had a very aggressive timeline and I am pleased we were able to accomplish our goal of closing two mergers within a four month period,” says Kevin J. Helmick, President & CEO of Farmers.

Farmers, headquartered in Canfield, Ohio, now has about $1.8 billion in banking assets, $1 billion in trust assets and operates 38 branches in Mahoning, Trumbull, Columbiana, Stark, Wayne, Medina, and Cuyahoga counties in Ohio and Beaver County in Pennsylvania.