CANFIELD, Ohio - Farmers National Banc Corp, (OTC BB: FMNB), the parent of Farmers National Bank, announced today that the Corporation's Board of Directors has declared a first quarter cash dividend of $.14 per share on its common stock, payable on March 29, 2002, to shareholders of record on March 15, 2002.

This cash dividend represents a 7.7% increase to $.14 per share from $.13 per share paid in March 2001.

Farmers National Bank operates sixteen banking offices throughout Mahoning, Trumbull and Columbiana counties. The bank offers a wide range of banking and investment services to companies and individuals, and maintains a website at www.fnbcanfield.com