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 fourth quarter cash dividend of $.15 per share on its common stock, payable on December 31, 2002, to shareholders of record on December 13, 2002.

This cash dividend represents a 7% increase to $.15 per share from $.14 per share paid in December 2001. Total cash dividends paid during 2002 total $.57 per share, a 7.5% increase over the $.53 per share paid during 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.