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Stock impact report

Farmers National Banc Corp. to Acquire Maple Leaf Financial, Inc., and its Subsidiary, Geauga Savings Bank

Farmers National Banc Corp. (FMNB) 
Last farmers national banc corp. earnings: 4/29 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: farmersbankgroup.com/investor-relations
Company Research Source: Business Wire
CANFIELD, Ohio--(BUSINESS WIRE)--Farmers National Banc Corp. (“Farmers” or the “Company”) (NASDAQ: FMNB), the holding company for The Farmers National Bank of Canfield (“Farmers National Bank”), and Maple Leaf Financial, Inc. (“Maple Leaf”), the holding company for Geauga Savings Bank (“Geauga”), announced today they have entered into an agreement and plan of merger (the “Agreement”).Kevin J. Helmick, President and CEO of Farmers, stated, “We are pleased to announce the acquisition of Geauga Savings Bank and welcome their customers and employees to Farmers. The transaction increases Farmers’ market share in Cuyahoga and Geauga Counties and enables Farmers to continue building local scale throughout Northeast Ohio.”“By combining with Farmers, we are able to offer our shareholders liquidity and our customers a home in a strong and growing community bank,” said James Kleinfelter, President and CEO of Maple Leaf.Pursuant to the Agreement, each shareholder of Maple Leaf may elect to re Show less Read more
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