CANFIELD, Ohio - Farmers National Banc Corp, (OTC BB: FMNB), the parent holding company of Farmers National Bank, today reported its 2002 third quarter and year-to-date results.

In the quarter ended September 30, 2002, the corporation reported net income of $2.241 million or $.19 per share. This represents an 11.5% increase over the $2.009 million, or $.17 per share in net earnings that the company recorded for the quarter ended September 30, 2001.

For the nine months ended September 30, 2002, the corporation earned $5.656 million, or $.47 per share compared to $5.612 million, or $.47 per share reported for the same nine-month period in 2001.

The company's total assets at the end of the third quarter of 2002 amounted to $750.828 million, an increase of 16.5% over the $644.329 million in total assets recorded at September 30, 2001, and 7.5% over the $698.252 million in assets as of June 30, 2002. Total Loans at September 30, 2002 were $448.069 million, up $5.905 million compared to September 30, 2001.

On October 8, 2002, the Board of Directors declared a 2% stock dividend, payable on November 29, 2002 to shareholders of record on November 15, 2002. This stock dividend marks the twenty-seventh consecutive year that the corporation paid this type of dividend.

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.