In addition, as the Company concludes another year with high levels of capital, stable asset quality trends and strong income and growth, Farmers National Banc Corp. is pleased to announce that the Company’s Board of Directors also declared a special $0.03 per share cash dividend. This special dividend will also be payable on December 31, 2012 to common shareholders of record atDecember 14, 2012. This special dividend is a result of our favorable financial results through the first nine months of 2012.
John S. Gulas, President and CEO, stated “The special dividend is a testament to the Board of Directors’ and management’s commitment to creating value for our shareholders. The Board of Directors believes that this additional dividend payment is a shareholder-friendly return of excess capital and reflective of the Corporation’s strong performance.”