The Farmers National Bank of Canfield
Overview / Commentary
The Farmers National Bank of Canfield is headquartered in Canfield and is the 11th largest bank in the state of Ohio. It is also the 301st largest bank in the nation. It was established in 1887 and as of March of 2022, it had grown to 531 employees at 49 locations. The Farmers National Bank of Canfield has an A health rating.
Health
A
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 6540 |
| Year Established | 1887 |
| Employees | 531 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.04% |
| Return on Equity - YTD | 10.4% |
| Annual Interest Income | $33.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $4.18B$3.31B |
| Loans | Q1 2022vs Q1 2021 | $2.28B$2.02B |
| Deposits | Q1 2022vs Q1 2021 | $3.78B$2.84B |
| Equity Capital | Q1 2022vs Q1 2021 | $375.8MM$332.1MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $27.0MM$24.9MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $13.4MM$11.2MM |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$30.00K |
