Farmers National Banc Corp. · NASDAQ:FMNB
Farmers National Banc — Q2 2026 Earnings Presentation
20 slides from Farmers National Banc's earnings presentation, Jul 22, 2026
Slide 1: Q2 2026 Investor Presentation
FARMERS NATIONAL BANC CORP. Q2 2026 Investor Presentation NASDAQ: FMNB
Slide 2: Disclosure Statement
|Disclosure Statement Forward-Looking Statements ‘Thi presentation contains frwardsootng satemens wtnin the meaning ofthe Svat Secures Ligon Reform Act of 1985, ncusing statements about the fnancal condo, ‘esus of operations asset quay Uends ang profabiy of Farmers National anc Corp. Famers) Farwaro
Slide 3: About Farmers National Banc Corp.
|About Farmers National Banc Corp. $7.2 billion in banking assets $5.1 billion in wealth management assets under $0.68 (4.7%) annualized dividend yield Founded in 1887 174 consecutive quarters of profitably ‘trong and diverse franchise currenty operating £3 banking locations throughout Ohio and Penn
Slide 4: Local, Established & Experienced Leadership Team
Local, Established & Experienced Leadership Team Kevin Helmick (8) Troy Adair 60) “Amber Wallace 60) | Michael Matuszak ss) | _ Mark Wenick (66) ct ei er “Gccinanatmce™ | “EizieataiSkcingtece’ | “"ShetSstnengcncer”™ | Siesiatgenen Once Tod simko a7) Brianjackson(s7) | Michael Obethaus(st) | Mark Nic
Slide 5: Farmers Strategic Vision
Farmers Strategic Vision Leveraging our History with Modem Banking Technologies to Support our Future invest in our Franchise Leverage technology Deve efficiencies through Six Sigma operating framework Strive to be customer centric and provide exceptional experiences ‘Assure Farmer the best place to
Slide 6: Proven Acquisition History and Strategy
Proven Acquisition History and Strategy Long:term strategy of vaue-enhancing acquisitions ight acqustions inthe pastnine years ‘Target franchises wich simlar culture, ‘compeling reputation, and strong ‘ustomer babe Focus on businesses that support rose ssllopportunities and ders footprint Into compe
Slide 7: Financial Performance
FARMERS NATIONAL BANC CORP. Financial Performance NASDAQ: FMNB
Slide 8: Balance Sheet Strengths
| Balance Sheet Strengths 3026 13125 wepswes Customer Deposits* $58 billion $43 billion $42 billion Cash Balances $164.8 million $92.4 million $85.7 million Loan-to-Deposit Ratio 81.9% 76.1% 76.6% Allowance to Loans 1.12% 1.11% 1.1086 Total Risk-based Capital Ratio 14.8% 155% 146% sen botena tine pa
Slide 9: Core Results
Core Results Overview Core Net Income + Core EPS remains strong tough chatenging envionments ProreeCETT woe + Robust fe busineses provide sabty om ay | sat Core Return on Assets Core EPS EARMERS | «
Slide 10: Core Results
Core Results Overview Core Net Income + Core EPS remains strong tough chatenging envionments ProreeCETT woe + Robust fe busineses provide sabty om ay | sat Core Return on Assets Core EPS EARMERS | «
Slide 11: CRE
|CRE Overview Wel dversies portfolio Strong credt culture Sosned ois + Independent oan review eu 50% CRE Categories Loans by Industry Type “category Total of NOD ae Fetal 3 276339 (5% office $333271 12% -ommerctted me Warehouse/industral "S$ 113438 10% ee i = Medical S 67a32 6x —— po eee sonnel end
Slide 12: Asset Quality Trends
|Asset Quality Trends Overview ‘Annualized Net Charge-Offs to Avg. Net Loans ary. stage delinquencies were $18.9 millon. or 0.40% of total loans atjune 302026, comparedto $169 millon or 051% of total loans at December 31,2028 CCongeriative underwrting practices Sound eserve levels under CECL NPLs/To
Slide 13: Securities Portfolio
|Securities Portfolio Overview Al ofthe investment secures portfolio is categorized a5. ‘valable forsale + AIMBS and CMOs are US. government agency issued Al municipal secures are investment grade, majority ‘uth eredt enhancements + The duration of the avalable forsale securities portfoto (56 yearsa
Slide 14: Deposit Trends
| Deposit Trends Overview Customer Deposit Composition (in milions) + Weare proudto say ourbank i bult on core deposts + Totalcustomerdeposts: $5. bilon + Noninterest bearing stood at 235% of customer deposits Customer Deposit Composition (in mons) EARMERS | 3
Slide 15: Liquidity
| Liquidity Farmers National Banc Corp. has the following sources of liquidity at the holding company as of June 30, 2026 + $36.6 million of cash and equivalents + $10.0 million of unsecured lines of credit with a zero balance Farmers National Bank has the following sources of liquidity as of June 3
Slide 16: Net Interest Income and NIM Trends
Net Interest Income and NIM Trends Overview Net Interest Income (in thousands) + Focused on growing ans to manage netnterest margin pam + Managing cost of funds and deposit betas through ising rate sae sm sa oe Loans to Deposits Net Interest Margin EARMERS | 1s
Slide 17: Noninterest Income Trends
| Noninterest Income Trends overview Total Noninterest income* in chousands) bust Tut, Wels Management and insurance business mae pees se iekingto creme rons nce total ve sae i i | | Noninterest Income to Total Revenue* Components of Noninterest Income* iin thoussnds) 2 oma rosabae avec "Showering e
Slide 18: Noninterest Expense Trends
Noninterest Expense Trends Overview Noninterest Expense to Average Assets Coverall focus on ding efiiences + The Company has a number of process improvement projects un Undeay. mm Noninterest Expense (nthousonds) = Efficiency Ratio. soe se BE a = | ! [ | | faear aout cen ens See Non AP ecocton mappe
Slide 19: Capital
| Capital Overview Al regustory cpt rates above welcoptaaedtheeshold ‘Announced 1,000,000 share repurchase program in Q% 2023, strong dividend payout Total Risk Based Capital Tier 1 Leverage Ratio
Slide 20: Non-GAAP Reconciliations
jRpetiols - Non GAAP Reconciliations FARMERS | »
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