Farmers National Banc Corp. (Form: 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 24, 2010

Farmers National Banc Corp.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Ohio 0-12055 34-1371693
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(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
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(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))

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 20, 2010, the Board of Directors (the "Board") of Farmers National Banc Corp. (the "Company") approved the appointment of Lance J. Ciroli as a member of the Board as a Class II director, effective October 1, 2010. Mr. Ciroli was also appointed a director on the Company’s wholly owned entity, Farmers National Bank of Canfield, effective as of October 1, 2010. Mr. Ciroli fills the vacancy on the Board created by the recent retirement of Mr. James R. Fischer.

Concurrent with his appointment as a director, Mr. Ciroli was appointed to the Board’s Loan Committee, Audit Committee and Compensation Committee. In connection with his services as a director, Mr. Ciroli will be entitled to the customary compensation arrangements for the Company’s non-employee directors; a monthly retainer in the amount of $1,000 and $500 for each of the committee meetings attended.

There are no arrangements or understandings between Mr. Ciroli and any other person pursuant to which Mr. Ciroli was appointed to serve on the Board. Mr. Ciroli has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

On September 24, 2010, the Company issued a press release announcing Mr. Ciroli’s election. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.





Item 9.01 Financial Statements and Exhibits.

Press Release issued September 24, 2010





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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 24, 2010   By:   John S. Gulas
       
        Name: John S. Gulas
        Title: President and CEO

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Exhibit Index


     
Exhibit No.   Description
 
99.1
  Press Release issued September 24, 2010