The Farmers National Bank Of Canfield
FDIC #6540
📍 Canfield, Ohio
The Farmers National Bank Of Canfield is a commercial bank, national (federal) charter and fed member, supervised by the occ. established in 02/17/1887. With assets of $4.96 Billion, it operates 64 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: February 1, 2021
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
February 1, 2021
Satisfactory
February 5, 2018
Satisfactory
September 23, 2013
Satisfactory
💰 Financial Strength
Total Assets$4.96 Billion
Total Deposits$4.57 Billion
Equity Capital$329.83 Million
Net Income$36.22 Million
📈 Performance
ROA1.01%
ROE14.09%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established02/17/1887
FDIC Cert6540
Holding CoFarmers National Banc Corp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeJanuary 19, 2023
Foreign Offices0
SAIF InsuredNo
State CharteredNo
🕰️ Lobby Hours
Monday9:00 AM - 4:00 PM
Tuesday9:00 AM - 4:00 PM
Wednesday9:00 AM - 4:00 PM
Thursday9:00 AM - 4:00 PM
Friday9:00 AM - 6:00 PM
Saturday9:00 AM - 12:00 PM
SundayClosed
📜 Institutional History
2023
Merger / Acquisition
Acquired: The Farmers National Bank Of Emlenton
2022
Merger / Acquisition
Acquired: The Cortland Savings And Banking Company
2020
Merger / Acquisition
Acquired: Geauga Savings Bank
2017
Merger / Acquisition
Acquired: The Monitor Bank
2015
Merger / Acquisition
Acquired: 1st National Community Bank