The Farmers National Bank Of Canfield Mortgage Rates, Fees & Info

Canfield, OH

LEI: 549300YNUT7D0FWKU636

Tax ID: 34-0214400

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Mortgage Data

Bank Data

Review & Overview

The Farmers National Bank Of Canfield is a smaller bank specializing in Home Purchase and Refi loans. The Farmers National Bank Of Canfield has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Youngstown, Wooster, Canton, Salem, and Cleveland among others. We have data for 47 markets. (Some data included below & more in-depth data is available with an active subscription.)

The Farmers National Bank Of Canfield has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. The Farmers National Bank Of Canfield is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 4/18/24
30 Year Conventional Purchase 6.70% 4/18/24
30 Year Conventional Refi 6.45% 4/18/24
30 Year Cash-out Refi 6.80% 4/18/24
30 Year FHA Purchase 7.49% 4/18/24
30 Year VA Purchase 6.08% 4/18/24
15 Year Conventional Purchase 6.35% 4/18/24
15 Year Conventional Refi 6.35% 4/18/24
15 Year Cash-out Refi 6.35% 4/18/24
15 Year FHA Purchase 5.68% 4/18/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

The Farmers National Bank Of Canfield Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from The Farmers National Bank Of Canfield. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

1,728

Origination Dollar Volume (All Markets)

$255,530,000

Employee count

412

Awards

The Farmers National Bank of Canfield FHA Loans silver The Farmers National Bank of Canfield 30 Year Conventional Loans silver The Farmers National Bank of Canfield FHA Loans gold
Show all (3) awards

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 637 $80,275,000 $126,020 $2,973 4.45%
Wooster, OH (FHA|USDA|VA) 340 $49,390,000 $145,265 $3,560 4.40%
CANTON-MASSILLON, OH (FHA|USDA|VA) 248 $40,360,000 $162,742 $3,551 4.34%
Salem, OH (FHA|USDA|VA) 186 $17,310,000 $93,065 $2,942 4.57%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 58 $16,130,000 $278,103 $4,164 4.53%
AKRON, OH (FHA|USDA|VA) 86 $15,710,000 $182,674 $2,989 4.40%
Outside of Metro Areas 48 $7,570,000 $157,708 $3,674 4.34%
PITTSBURGH, PA (FHA|USDA|VA) 25 $5,105,000 $204,200 $4,273 4.10%
Norwalk, OH (FHA|USDA|VA) 2 $3,830,000 $1,915,000 $0 4.76%
Ashtabula, OH (FHA|USDA|VA) 8 $1,860,000 $232,500 $4,155 5.01%
New Philadelphia-Dover, OH (FHA|USDA|VA) 14 $1,750,000 $125,000 $2,965 4.18%
COLUMBUS, OH (FHA|USDA|VA) 7 $1,595,000 $227,857 $3,575 4.43%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $1,520,000 $760,000 $8,633 4.13%
Ashland, OH (FHA|USDA|VA) 11 $1,405,000 $127,727 $4,871 4.21%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $895,000 $298,333 $5,581 4.46%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $885,000 $295,000 $4,488 3.88%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $875,000 $875,000 $6,286 5.25%
Mount Vernon, OH (FHA|USDA|VA) 4 $850,000 $212,500 $4,517 4.00%
New Castle, PA (FHA|USDA|VA) 6 $840,000 $140,000 $4,456 4.35%
Meadville, PA (FHA|USDA|VA) 2 $700,000 $350,000 $6,391 4.25%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $630,000 $315,000 $4,933 3.50%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $625,000 $625,000 $5,591 4.38%
TOLEDO, OH (FHA|USDA|VA) 2 $550,000 $275,000 $5,065 3.25%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $470,000 $235,000 $3,708 3.56%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 5 $405,000 $81,000 $3,446 4.15%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $395,000 $395,000 $5,721 4.00%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $305,000 $305,000 $3,819 4.00%
Key West, FL (FHA|USDA|VA) 1 $295,000 $295,000 $0 4.88%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $290,000 $145,000 $2,515 5.31%
Zanesville, OH (FHA|USDA|VA) 1 $275,000 $275,000 $4,135 4.75%
MANSFIELD, OH (FHA|USDA|VA) 1 $275,000 $275,000 $3,667 4.13%
Coshocton, OH (FHA|USDA|VA) 2 $250,000 $125,000 $3,505 5.06%
Oil City, PA (FHA|USDA|VA) 1 $205,000 $205,000 $4,470 4.13%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $205,000 $205,000 $3,679 4.25%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $180,000 $90,000 $3,682 3.50%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $175,000 $175,000 $2,443 4.75%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $165,000 $165,000 $3,721 3.38%
OCALA, FL (FHA|USDA|VA) 1 $135,000 $135,000 $3,518 3.75%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $125,000 $125,000 $0 4.91%
SAVANNAH, GA (FHA|USDA|VA) 1 $115,000 $115,000 $3,847 4.50%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $115,000 $115,000 $3,377 3.13%
BEND, OR (FHA|USDA|VA) 1 $105,000 $105,000 $2,482 3.38%
Brevard, NC (FHA|USDA|VA) 1 $95,000 $95,000 $3,651 4.50%
Bradford, PA (FHA|USDA|VA) 1 $95,000 $95,000 $3,691 3.88%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $85,000 $85,000 $3,967 4.38%
Point Pleasant, WV-OH (FHA|USDA|VA) 1 $75,000 $75,000 $3,472 4.75%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $35,000 $35,000 $0 5.88%
The Farmers National Bank Of Canfield's top markets include Youngstown, Wooster, Canton, Salem, and Cleveland among others.

Their top states include:
  • Ohio (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against The Farmers National Bank of Canfield based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Cleveland Selfreliance FCU
    Similarity Rank: 33
    TRI BORO
    Similarity Rank: 70
    WELCOME HOME FINANCE, L.P.
    Similarity Rank: 237
    M. S. Flynn, Inc.
    Similarity Rank: 252
    NEW FED MORTGAGE, CORP.
    Similarity Rank: 328
    Community Star Credit Union
    Similarity Rank: 360

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,149 $199,395,000 $173,538 $3,287 4.30%
    HELOC 567 $54,675,000 $96,429 n/a 4.69%
    FHA 12 $1,460,000 $121,667 $5,268 3.73%

    For 2019, The Farmers National Bank Of Canfield's most frequently originated type of loan was Conventional, with 1,149 originations. Their 2nd most popular type was HELOC, with 567 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 643 $111,965,000 $174,129 $3,693 4.28%
    Refi 395 $66,755,000 $169,000 $2,651 4.32%
    Home Improvement 312 $21,120,000 $67,692 $665 4.81%
    Other 199 $20,725,000 $104,146 $2,313 4.71%
    Cash Out Refi 179 $34,965,000 $195,335 $3,935 4.15%

    For 2019, The Farmers National Bank Of Canfield's most frequently cited loan purpose was Home Purchase, with 643 originations. The 2nd most popular reason was Refi, with 395 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,223 $172,485,000 $141,034 $3,689 4.43%
    15 Year 250 $33,380,000 $133,520 $2,856 3.99%
    10 Year 99 $15,045,000 $151,970 $496 4.97%
    20 Year 60 $9,860,000 $164,333 $3,267 4.20%
    30+ year 44 $13,970,000 $317,500 $5,834 4.49%
    Other 28 $4,660,000 $166,429 $3,098 5.47%
    5 Year 18 $5,150,000 $286,111 $339 5.18%
    1 Year 3 $665,000 $221,667 $0 5.00%
    3 Year 3 $315,000 $105,000 $0 6.00%

    For 2019, The Farmers National Bank Of Canfield's most frequently cited loan duration was 30 Year, with 1,223 originations. The 2nd most popular length was 15 Year, with 250 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 736 $138,330,000 $187,948
    $<1k 207 $17,935,000 $86,643
    $2k-3k 62 $10,080,000 $162,581
    $3k-4k 21 $4,235,000 $201,667
    $4k-5k 14 $3,550,000 $253,571
    $5k+ 6 $1,890,000 $315,000

    The Farmers National Bank Of Canfield's average total fees were $3,689, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 736 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 895 $136,635,000 $152,665
    4-5% 533 $88,015,000 $165,131
    5-6% 199 $25,045,000 $125,854
    6-7% 61 $2,865,000 $46,967
    7-8% 21 $935,000 $44,524
    Over 8% 9 $155,000 $17,222
    2.5-3% 9 $1,755,000 $195,000
    <2.5% 1 $125,000 $125,000

    During 2019, The Farmers National Bank Of Canfield's average interest rate for loans was 4.43%, while their most frequently originated rate bucket for loans was 3-4%, with 895 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 756 $40,480,000 $53,545 $2,113 4.69%
    $100k-200k 561 $77,395,000 $137,959 $3,572 4.25%
    $200k-400k 340 $90,240,000 $265,412 $4,179 4.14%
    $400k-600k 44 $20,360,000 $462,727 $4,971 4.13%
    $600k-1MM 18 $13,270,000 $737,222 $5,754 4.15%
    $1MM+ 9 $13,785,000 $1,531,667 $6,637 4.76%

    2019 saw The Farmers National Bank Of Canfield place emphasis on $100,000 or less loans with 756 originations, totaling $40,480,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 441 $39,945,000 $90,578 $3,096 4.47%
    $50k-75k 396 $43,010,000 $108,611 $3,087 4.53%
    $100k-150k 273 $48,005,000 $175,842 $3,667 4.28%
    $75k-100k 268 $32,070,000 $119,664 $3,120 4.40%
    $150k-250k 157 $34,315,000 $218,567 $4,015 4.19%
    $250k+ 108 $33,490,000 $310,093 $4,241 4.21%

    The Farmers National Bank Of Canfield lent most frequently to those with incomes in the $50k or less range, with 441 originations. The second most popular income band? $50k-75k, with 396 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 461 $61,665,000 $133,764 $3,168 4.35%
    30-36% 349 $45,795,000 $131,218 $3,368 4.44%
    <20% 311 $41,705,000 $134,100 $3,131 4.26%
    36% 64 $9,750,000 $152,344 $3,384 4.43%
    39% 58 $8,810,000 $151,897 $3,246 4.40%
    38% 57 $7,355,000 $129,035 $3,501 4.42%
    43% 55 $9,135,000 $166,091 $3,328 4.38%
    41% 53 $9,105,000 $171,792 $3,732 4.49%
    42% 48 $7,780,000 $162,083 $3,381 4.61%
    37% 48 $7,440,000 $155,000 $3,495 4.55%
    40% 47 $7,015,000 $149,255 $3,488 4.61%
    44% 32 $5,330,000 $166,563 $3,788 4.24%
    46% 19 $2,885,000 $151,842 $2,885 4.39%
    47% 14 $2,510,000 $179,286 $3,286 4.09%
    45% 13 $2,955,000 $227,308 $4,087 4.18%
    50-60% 10 $1,440,000 $144,000 $3,056 4.85%
    48% 9 $2,185,000 $242,778 $3,789 4.42%
    49% 6 $910,000 $151,667 $3,104 4.06%
    >60% 4 $170,000 $42,500 $460 5.43%

    The Farmers National Bank Of Canfield lent most frequently to those with DTI ratios of 20-30%, with 461 originations. The next most common DTI ratio? 30-36%, with 349 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,590 $224,330,000 $141,088 $3,339 4.39%
    Not applicable 50 $19,630,000 $392,600 $0 5.36%
    Not provided 64 $8,530,000 $133,281 $1,848 4.48%
    Black 13 $1,935,000 $148,846 $3,457 4.26%
    Asian 9 $835,000 $92,778 $2,117 4.87%
    Korean 1 $145,000 $145,000 $3,568 3.63%
    American Indian 1 $125,000 $125,000 $4,741 6.38%

    Approval Rates

    Total approvals of all applications
    86.51%

    The Farmers National Bank Of Canfield has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.62%

    The Farmers National Bank Of Canfield has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,728 $255,530,000 $147,876

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 2 $4,460,000 $2,230,000
    Multifamily:Site-Built 22 $12,320,000 $560,000
    Single Family (1-4 Units):Manufactured 42 $2,180,000 $51,905
    Single Family (1-4 Units):Site-Built 1,662 $236,570,000 $142,341

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 262 $20,160,000 $76,947 $1,437 4.67%
    40-60% 242 $36,700,000 $151,653 $3,095 4.25%
    60-80% 585 $112,035,000 $191,513 $3,658 4.28%
    80-100% 452 $77,640,000 $171,770 $3,645 4.25%
    Over 100% 2 $720,000 $360,000 $0 4.62%
    Under 20% 184 $8,240,000 $44,783 $504 5.18%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The Farmers National Bank of Canfield 13210 Sr 226 Big Prairie, OH 44611 Full Service B&M $21,538
    The Farmers National Bank of Canfield 100 Continental Drive Salem, OH 44460 Full Service B&M $67,222
    The Farmers National Bank of Canfield 102 West Western Reserve Road Youngstown, OH 44514 Full Service B&M $74,148
    The Farmers National Bank of Canfield 106 Ainsworth Street Lodi, OH 44254 Full Service B&M $24,873
    The Farmers National Bank of Canfield 106 Mckinley Way West Poland, OH 44514 Full Service B&M $54,290
    The Farmers National Bank of Canfield 112 West Market Street Orrville, OH 44667 Full Service B&M $77,006
    The Farmers National Bank of Canfield 12 West Main Street Dalton, OH 44618 Full Service B&M $48,702
    The Farmers National Bank of Canfield 121 North State Street Girard, OH 44420 Full Service B&M $49,189
    The Farmers National Bank of Canfield 131 East Lincoln Way Lisbon, OH 44432 Full Service B&M $13,333
    The Farmers National Bank of Canfield 1320 West High Street Orrville, OH 44667 Full Service B&M $34,682
    The Farmers National Bank of Canfield 153 East Main Street Smithville, OH 44677 Full Service B&M $28,132
    The Farmers National Bank of Canfield 15703 State Route 170 Calcutta, OH 43920 Full Service B&M $50,534
    The Farmers National Bank of Canfield 15974 East Main Street Mount Eaton, OH 44659 Full Service B&M $31,171
    The Farmers National Bank of Canfield 1625 Niles Cortland Road, Ne Warren, OH 44484 Full Service B&M $63,360
    The Farmers National Bank of Canfield 170 East State Street Niles, OH 44446 Limited, Drive-thru $0
    The Farmers National Bank of Canfield 17817 Mahoning Avenue Lake Milton, OH 44429 Full Service B&M $50,936
    The Farmers National Bank of Canfield 20 South Broad Street Canfield, OH 44406 Full Service B&M $473,874
    The Farmers National Bank of Canfield 20325 Center Ridge Road Suite 405 Cleveland, OH 44116 Limited, Drive-thru $19,509
    The Farmers National Bank of Canfield 211 Lincoln Way East Massillon, OH 44646 Full Service B&M $35,751
    The Farmers National Bank of Canfield 22 North Canfield-Niles Road Austintown, OH 44515 Full Service B&M $84,935
    The Farmers National Bank of Canfield 2312 Lincoln Way West Massillon, OH 44647 Full Service B&M $28,129
    The Farmers National Bank of Canfield 2820 West Market Street Akron, OH 44333 Limited, Drive-thru $6,043
    The Farmers National Bank of Canfield 29053 State Route 62 Damascus, OH 44619 Full Service B&M $32,315
    The Farmers National Bank of Canfield 305 West Liberty Street Wooster, OH 44691 Full Service B&M $35,073
    The Farmers National Bank of Canfield 310 West State St Suite A Alliance, OH 44601 Full Service B&M $19,961
    The Farmers National Bank of Canfield 340 State Route 14 Columbiana, OH 44408 Full Service B&M $69,972
    The Farmers National Bank of Canfield 3619 South Meridian Road Youngstown, OH 44511 Full Service B&M $64,106
    The Farmers National Bank of Canfield 401 East Main Street Canfield, OH 44406 Full Service B&M $16,630
    The Farmers National Bank of Canfield 4192 Burbank Rd. Wooster, OH 44691 Full Service B&M $59,670
    The Farmers National Bank of Canfield 42 Mcclurg Road Boardman, OH 44512 Full Service B&M $51,770
    The Farmers National Bank of Canfield 4518 Fulton Drive Nw Suite 100 Canton, OH 44718 Full Service B&M $34,404
    The Farmers National Bank of Canfield 4885 Atlantic Drive Seville, OH 44273 Full Service B&M $17,474
    The Farmers National Bank of Canfield 4950 Kidron Road Kidron, OH 44636 Full Service B&M $51,432
    The Farmers National Bank of Canfield 5845 Youngstown Warren Rd Niles, OH 44446 Full Service B&M $49,154
    The Farmers National Bank of Canfield 617 Bradshaw Avenue East Liverpool, OH 43920 Full Service B&M $20,099
    The Farmers National Bank of Canfield 629 Midland Avenue Midland, PA 15059 Full Service B&M $24,222
    The Farmers National Bank of Canfield 7227 East Lincoln Way Apple Creek, OH 44606 Full Service B&M $21,195
    The Farmers National Bank of Canfield 7600 Chagrin Boulevard Suite 300 Woodmere, OH 44122 Limited, Drive-thru $6,141
    The Farmers National Bank of Canfield One South Main Street Niles, OH 44446 Full Service B&M $93,577

    For 2019, The Farmers National Bank Of Canfield had 39 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $101,756
    Net interest income $82,301
    Total noninterest income $19,667
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $4,824
    Trading account gains and fees $0
    Additional Noninterest Income $14,843
    Pre-tax net operating income $41,585
    Securities gains (or losses, -) $-11
    Income before extraordinary items $34,404
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $34,404
    Minority interest net income $0
    Net income $34,404
    Sale, conversion, retirement of capital stock, net $840
    Net operating income $34,413

    The Farmers National Bank Of Canfield's gross interest income from loans was $101,756,000.
    The Farmers National Bank Of Canfield's net interest income from loans was $82,301,000.
    The Farmers National Bank Of Canfield's fee based income from loans was $4,824,000.
    The Farmers National Bank Of Canfield's net income from loans was $34,404,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $19,455
    Provision for credit losses $2,450
    Total noninterest expense $57,933
    Salaries and employee benefits $32,361
    Premises and equipment expense $6,344
    Additional noninterest expense $19,228
    Applicable income taxes $7,170
    Net charge-offs $1,555
    Cash dividends $33,896

    The Farmers National Bank Of Canfield's interest expense for loans was $19,455,000.
    The Farmers National Bank Of Canfield's payroll and benefits expense were $32,361,000.
    The Farmers National Bank Of Canfield's property, plant and equipment expenses $6,344,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.2%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $2,036,013
    Deposits held in domestic offices $2,036,013
    Deposits by Individuals, partnerships, and corporations $1,810,246
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $225,538
    Deposits by Commercial banks and other depository institutions in U.S. $229
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $374,779
    Demand deposits $159,143
    Nontransaction accounts $1,661,234
    Money market deposit accounts (MMDAs) $177,381
    Other savings deposits (excluding MMDAs) $989,929
    Total time deposits $493,924
    Total time and savings deposits $1,876,870
    Noninterest-bearing deposits $461,871
    Interest-bearing deposits $1,574,142
    Retail deposits $1,755,068
    IRAs and Keogh plan accounts $42,723
    Brokered deposits $172,789
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,432,103
    Cash & Balances due from depository institutions $65,298
    Interest-bearing balances $30,450
    Total securities $427,621
    Federal funds sold & reverse repurchase $630
    Net loans and leases $1,799,496
    Loan and leases loss allowance $14,487
    Trading account assets $0
    Bank premises and fixed assets $23,584
    Other real estate owned $19
    Goodwill and other intangibles $38,862
    All other assets $76,593

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,432,103
    Total Liabilities $2,172,476
    Total deposits $2,036,013
    Interest-bearing deposits $1,574,142
    Deposits held in domestic offices $2,036,013
    % insured (estimated) $71
    Federal funds purchased and repurchase agreements $1,698
    Trading liabilities $0
    Other borrowed funds $118,821
    Subordinated debt $0
    All other liabilities $15,944

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,799,496
    Loan and leases loss allowance $14,487
    Total loans and leases (domestic) $1,813,983
    All real estate loans $1,288,544
    Real estate loans in domestic offices $1,288,544
    Construction and development loans $67,339
    Residential 1-4 family construction $19,643
    Other construction, all land development and other land $47,696
    Loans secured by nonfarm nonresidential properties $511,584
    Nonfarm nonresidential secured by owner-occupied properties $217,627
    Commercial real estate & other non-farm, non-residential $293,957
    Multifamily residential real estate $41,422
    1-4 family residential loans $494,146
    Farmland loans $174,053
    Loans held in foreign offices $0
    Farm loans $52,369
    Commercial and industrial loans $211,737
    To non-U.S. addressees $0
    Loans to individuals $212,184
    Credit card loans $3,391
    Related Plans $6,058
    Consumer Auto Loans $166,982
    Other loans to individuals $35,753
    All other loans & leases $49,149
    Loans to foreign governments and official institutions $0
    Other loans $1,431
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $1,774
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $1,608
    Non 1-4 family restructured loans & leases $58
    Total loans and leases (foreign) $0

    The Farmers National Bank of Canfield had $1,799,496,000 of loans outstanding in 2019. $1,288,544,000 of loans were in real estate loans. $67,339,000 of loans were in development loans. $41,422,000 of loans were in multifamily mortgage loans. $494,146,000 of loans were in 1-4 family mortgage loans. $52,369,000 of loans were in farm loans. $3,391,000 of loans were in credit card loans. $166,982,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 934 $183,830 $196,820
    Nonfarm, nonresidential loans - <$100k 266 $11,137 $41,868
    Nonfarm, nonresidential loans - $100-250k 287 $31,589 $110,066
    Nonfarm, nonresidential loans - $250k-1MM 381 $141,104 $370,352
    Commercial & Industrial, US addressed loans - <$1MM 3,059 $142,241 $46,499
    Commercial & Industrial, US addressed loans - <$100k 2,416 $49,695 $20,569
    Commercial & Industrial, US addressed loans - $100-250k 355 $31,032 $87,414
    Commercial & Industrial, US addressed loans - $250k-1MM 288 $61,514 $213,590
    Farmland loans - <$1MM 444 $64,382 $145,005
    Farmland loans - <$100k 149 $7,465 $50,101
    Farmland loans - $100-250k 185 $26,358 $142,476
    Farmland loans - $250k-1MM 110 $30,559 $277,809
    Agriculture operations loans - <$1MM 1,594 $40,855 $25,630
    Agriculture operations loans - <$100k 1,453 $23,813 $16,389
    Agriculture operations loans - $100-250k 117 $11,555 $98,761
    Agriculture operations loans - $250k-1MM 24 $5,487 $228,625