Farmers National and Middlefield receive regulatory approvals for merger

Farmers National Banc Corp. (NASDAQ: FMNB) and Middlefield Banc Corp. (NASDAQ: MBCN) announced they have received all regulatory approvals necessary to complete their proposed merger.

The merger agreement was signed on October 22, 2025, and the transaction is expected to be completed during the first quarter of 2026. Under the agreement, Middlefield will merge with and into Farmers.

Farmers National Banc Corp., founded in 1887 and headquartered in Canfield, Ohio, operates as a diversified financial services company with $5.2 billion in banking assets as of December 31, 2025. The company operates through The Farmers National Bank of Canfield, which maintains 62 banking locations across multiple counties in Ohio and Pennsylvania.

The bank serves customers in Mahoning, Trumbull, Columbiana, Portage, Stark, Wayne, Medina, Geauga and Cuyahoga Counties in Ohio, and Beaver, Butler, Allegheny, Jefferson, Clarion, Venango, Clearfield, Mercer, Elk and Crawford Counties in Pennsylvania. Farmers also operates Farmers Trust Company and manages $4.7 billion in total wealth management assets under care as of December 31, 2025.

The company has filed relevant materials with the Securities and Exchange Commission, including a Registration Statement on Form S-4 containing a joint proxy statement that was declared effective on December 15, 2025.

You May Also Be Interested In

• Uber nears EUR12.5B deal to acquire Delivery Hero - FT
• Hyperion DeFi strikes deal with Skew to launch futures markets
• Morgan Stanley shares gain as equities trading, dealmaking fuel Q2 earnings beat