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, Cleveland, Canton, and Akron among others. We have data for 49 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% 11/17/24
30 Year Conventional Purchase 6.70% 11/17/24
30 Year Conventional Refi 6.45% 11/17/24
30 Year Cash-out Refi 6.80% 11/17/24
30 Year FHA Purchase 7.49% 11/17/24
30 Year VA Purchase 6.08% 11/17/24
15 Year Conventional Purchase 6.35% 11/17/24
15 Year Conventional Refi 6.35% 11/17/24
15 Year Cash-out Refi 6.35% 11/17/24
15 Year FHA Purchase 5.68% 11/17/24
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

2,037

Origination Dollar Volume (All Markets)

$360,945,000

Employee count

550

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) 721 $101,155,000 $140,298 $3,667 3.06%
Wooster, OH (FHA|USDA|VA) 372 $63,700,000 $171,237 $3,989 3.05%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 185 $49,595,000 $268,081 $4,291 3.03%
CANTON-MASSILLON, OH (FHA|USDA|VA) 236 $43,430,000 $184,025 $3,842 3.22%
AKRON, OH (FHA|USDA|VA) 134 $31,120,000 $232,239 $4,010 3.06%
Salem, OH (FHA|USDA|VA) 208 $22,430,000 $107,837 $3,340 3.35%
Outside of Metro Areas 40 $10,630,000 $265,750 $5,338 3.05%
New Philadelphia-Dover, OH (FHA|USDA|VA) 25 $4,665,000 $186,600 $3,648 3.29%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $3,195,000 $639,000 $6,108 2.95%
Heber, UT (FHA|USDA|VA) 1 $3,005,000 $3,005,000 $10,665 3.00%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $2,440,000 $1,220,000 $12,019 3.19%
COLUMBUS, OH (FHA|USDA|VA) 8 $2,350,000 $293,750 $3,901 3.02%
PITTSBURGH, PA (FHA|USDA|VA) 11 $2,265,000 $205,909 $4,910 2.92%
Ashtabula, OH (FHA|USDA|VA) 12 $2,020,000 $168,333 $4,709 3.43%
TOLEDO, OH (FHA|USDA|VA) 4 $1,720,000 $430,000 $4,151 3.30%
Ashland, OH (FHA|USDA|VA) 12 $1,630,000 $135,833 $3,431 2.97%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $1,600,000 $800,000 $6,525 3.19%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 4 $1,410,000 $352,500 $6,523 3.41%
New Castle, PA (FHA|USDA|VA) 8 $1,380,000 $172,500 $4,565 2.90%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $1,210,000 $302,500 $5,768 2.56%
Sandusky, OH (FHA|USDA|VA) 4 $930,000 $232,500 $4,271 3.06%
Cambridge, OH (FHA|USDA|VA) 5 $785,000 $157,000 $3,963 3.48%
Mount Vernon, OH (FHA|USDA|VA) 2 $690,000 $345,000 $3,555 2.69%
Meadville, PA (FHA|USDA|VA) 1 $605,000 $605,000 $6,472 2.88%
Norwalk, OH (FHA|USDA|VA) 3 $555,000 $185,000 $4,190 2.92%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $545,000 $545,000 $6,429 2.88%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $545,000 $545,000 $5,996 2.38%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $545,000 $545,000 $7,724 2.88%
Key West, FL (FHA|USDA|VA) 1 $535,000 $535,000 $5,735 3.38%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $515,000 $515,000 $3,435 3.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $435,000 $435,000 $7,312 3.00%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $380,000 $190,000 $3,682 3.13%
Coshocton, OH (FHA|USDA|VA) 2 $360,000 $180,000 $0 3.50%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $295,000 $295,000 $4,180 3.25%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $280,000 $140,000 $4,261 3.06%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $235,000 $235,000 $5,642 2.88%
Sevierville, TN (FHA|USDA|VA) 1 $225,000 $225,000 $7,927 3.50%
Traverse City, MI (FHA|USDA|VA) 1 $225,000 $225,000 $3,308 3.00%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $205,000 $205,000 $3,323 3.13%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $205,000 $205,000 $2,967 2.25%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $165,000 $165,000 $4,096 2.38%
Point Pleasant, WV-OH (FHA|USDA|VA) 1 $165,000 $165,000 $4,115 3.50%
Adrian, MI (FHA|USDA|VA) 2 $160,000 $80,000 $3,585 3.88%
FLORENCE, SC (FHA|USDA|VA) 1 $105,000 $105,000 $4,218 2.25%
Celina, OH (FHA|USDA|VA) 1 $75,000 $75,000 $3,327 2.75%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $75,000 $75,000 $3,607 2.50%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $65,000 $65,000 $3,967 3.25%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $45,000 $45,000 $3,712 3.13%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $45,000 $45,000 $0 4.00%
The Farmers National Bank Of Canfield's top markets include Youngstown, Wooster, Cleveland, Canton, and Akron among others.

Their top states include:
  • Ohio (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Montana (FHA|USDA|VA)
  • Utah (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.

    TRI BORO
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,483 $302,325,000 $203,860 $3,905 3.10%
    HELOC 547 $57,355,000 $104,854 n/a 3.13%
    FHA 5 $705,000 $141,000 $6,151 2.95%
    VA 2 $560,000 $280,000 $3,371 3.13%

    For 2021, The Farmers National Bank Of Canfield's most frequently originated type of loan was Conventional, with 1,483 originations. Their 2nd most popular type was HELOC, with 547 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 608 $126,280,000 $207,697 $4,209 3.28%
    Refi 596 $115,340,000 $193,523 $3,608 2.85%
    Home Improvement 369 $30,575,000 $82,859 $784 3.35%
    Cash Out Refi 341 $61,675,000 $180,865 $3,997 3.04%
    Other 123 $27,075,000 $220,122 $4,539 2.98%

    For 2021, The Farmers National Bank Of Canfield's most frequently cited loan purpose was Home Purchase, with 608 originations. The 2nd most popular reason was Refi, with 596 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,134 $184,160,000 $162,399 $4,089 3.17%
    15 Year 534 $84,600,000 $158,427 $3,577 2.61%
    20 Year 132 $29,060,000 $220,152 $4,030 3.38%
    Other 97 $13,145,000 $135,515 $6,226 4.03%
    10 Year 60 $16,880,000 $281,333 $1,073 3.80%
    30+ year 48 $19,750,000 $411,458 $6,502 3.59%
    5 Year 31 $13,165,000 $424,677 $0 3.42%
    1 Year 1 $185,000 $185,000 $0 4.00%

    For 2021, The Farmers National Bank Of Canfield's most frequently cited loan duration was 30 Year, with 1,134 originations. The 2nd most popular length was 15 Year, with 534 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 938 $176,210,000 $187,857
    $2k-3k 215 $43,855,000 $203,977
    $<1k 64 $6,970,000 $108,906
    $3k-4k 51 $17,655,000 $346,176
    $4k-5k 24 $7,200,000 $300,000
    $5k+ 19 $6,705,000 $352,895

    The Farmers National Bank Of Canfield's average total fees were $4,089, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 938 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 820 $170,870,000 $208,378
    <2.5% 574 $82,380,000 $143,519
    2.5-3% 452 $90,910,000 $201,128
    4-5% 151 $15,075,000 $99,834
    5-6% 32 $1,590,000 $49,688
    6-7% 7 $105,000 $15,000
    7-8% 1 $15,000 $15,000

    During 2021, The Farmers National Bank Of Canfield's average interest rate for loans was 3.17%, while their most frequently originated rate bucket for loans was 3-4%, with 820 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 787 $110,735,000 $140,705 $3,657 2.99%
    $100,000 or less 699 $41,695,000 $59,649 $2,943 3.31%
    $200k-400k 424 $114,620,000 $270,330 $4,534 2.98%
    $400k-600k 88 $42,360,000 $481,364 $5,624 3.02%
    $1MM+ 20 $37,130,000 $1,856,500 $10,869 3.52%
    $600k-1MM 19 $14,405,000 $758,158 $6,900 3.47%

    2021 saw The Farmers National Bank Of Canfield place emphasis on $100k-200k loans with 787 originations, totaling $110,735,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 483 $62,405,000 $129,203 $3,661 3.14%
    $50k or less 440 $44,360,000 $100,818 $3,474 3.17%
    $100k-150k 362 $64,830,000 $179,088 $4,102 3.13%
    $75k-100k 321 $47,465,000 $147,866 $3,834 3.04%
    $150k-250k 203 $50,565,000 $249,089 $4,668 2.94%
    $250k+ 138 $56,220,000 $407,391 $5,681 2.82%

    The Farmers National Bank Of Canfield lent most frequently to those with incomes in the $50k-75k range, with 483 originations. The second most popular income band? $50k or less, with 440 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 579 $89,465,000 $154,516 $3,811 3.09%
    <20% 388 $61,330,000 $158,067 $3,624 2.78%
    30-36% 361 $63,615,000 $176,219 $3,977 3.12%
    37% 77 $12,295,000 $159,675 $3,837 3.25%
    39% 64 $9,890,000 $154,531 $3,652 3.35%
    43% 58 $11,680,000 $201,379 $4,006 3.10%
    38% 56 $9,440,000 $168,571 $4,022 3.15%
    41% 56 $11,090,000 $198,036 $4,136 3.39%
    36% 55 $8,165,000 $148,455 $4,051 3.19%
    40% 48 $9,270,000 $193,125 $4,223 3.24%
    42% 46 $11,160,000 $242,609 $4,534 3.47%
    44% 39 $8,375,000 $214,744 $4,294 3.18%
    45% 38 $6,560,000 $172,632 $4,258 2.96%
    47% 26 $4,770,000 $183,462 $4,202 3.15%
    46% 18 $2,240,000 $124,444 $3,622 3.26%
    48% 15 $2,735,000 $182,333 $3,943 3.28%
    50-60% 14 $2,250,000 $160,714 $4,946 3.04%
    49% 13 $2,385,000 $183,462 $3,755 2.95%
    >60% 1 $405,000 $405,000 $0 3.75%

    The Farmers National Bank Of Canfield lent most frequently to those with DTI ratios of 20-30%, with 579 originations. The next most common DTI ratio? <20%, with 388 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,884 $314,390,000 $166,874 $3,910 3.10%
    Not applicable 51 $28,915,000 $566,961 $0 3.94%
    Not provided 65 $10,005,000 $153,923 $4,297 2.76%
    Black 18 $3,770,000 $209,444 $3,718 3.10%
    Asian 14 $2,800,000 $200,000 $3,834 2.99%
    Asian Indian 3 $695,000 $231,667 $3,041 2.66%
    American Indian 1 $205,000 $205,000 $3,239 3.38%
    Native Hawaiian or Islander 1 $165,000 $165,000 $3,286 2.75%

    Approval Rates

    Total approvals of all applications
    88.36%

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

    Pick Rate

    Approvals leading to origination
    79.09%

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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,037 $360,945,000 $177,194

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,037 $360,945,000 $177,194

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 291 $29,365,000 $100,911 $3,064 3.11%
    40-60% 383 $69,745,000 $182,102 $3,771 2.85%
    60-80% 776 $164,600,000 $212,113 $4,021 3.14%
    80-100% 414 $87,880,000 $212,271 $4,136 3.13%
    Over 100% 2 $990,000 $495,000 $6,633 3.19%
    Under 20% 170 $8,340,000 $49,059 $1,447 3.49%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The Farmers National Bank of Canfield 4950 Kidron Road Kidron, OH 44636 Full Service B&M $64,091
    The Farmers National Bank of Canfield 102 West Western Reserve Road Youngstown, OH 44514 Full Service B&M $106,084
    The Farmers National Bank of Canfield 106 Ainsworth Street Lodi, OH 44254 Full Service B&M $27,572
    The Farmers National Bank of Canfield 106 Mckinley Way West Poland, OH 44514 Full Service B&M $69,818
    The Farmers National Bank of Canfield 10800 Kinsman Road Newbury, OH 44065 Full Service B&M $100,792
    The Farmers National Bank of Canfield 112 West Market Street Orrville, OH 44667 Full Service B&M $67,799
    The Farmers National Bank of Canfield 12 West Main Street Dalton, OH 44618 Full Service B&M $63,600
    The Farmers National Bank of Canfield 121 North State Street Girard, OH 44420 Full Service B&M $92,830
    The Farmers National Bank of Canfield 131 East Lincoln Way Lisbon, OH 44432 Full Service B&M $19,095
    The Farmers National Bank of Canfield 1320 West High Street Orrville, OH 44667 Full Service B&M $36,055
    The Farmers National Bank of Canfield 153 East Main Street Smithville, OH 44677 Full Service B&M $43,102
    The Farmers National Bank of Canfield 15703 State Route 170 Calcutta, OH 43920 Full Service B&M $52,120
    The Farmers National Bank of Canfield 15974 East Main Street Mount Eaton, OH 44659 Full Service B&M $38,165
    The Farmers National Bank of Canfield 1625 Niles Cortland Road, Ne Warren, OH 44484 Full Service B&M $129,135
    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 $62,750
    The Farmers National Bank of Canfield 20 South Broad Street Canfield, OH 44406 Full Service B&M $617,215
    The Farmers National Bank of Canfield 201 N Market Street Shreve, OH 44676 Full Service B&M $26,503
    The Farmers National Bank of Canfield 20325 Center Ridge Road Suite 405 Cleveland, OH 44116 Limited, Drive-thru $0
    The Farmers National Bank of Canfield 211 Lincoln Way East Massillon, OH 44646 Full Service B&M $44,521
    The Farmers National Bank of Canfield 22 North Canfield-Niles Road Austintown, OH 44515 Full Service B&M $104,320
    The Farmers National Bank of Canfield 2312 Lincoln Way West Massillon, OH 44647 Full Service B&M $35,116
    The Farmers National Bank of Canfield 2424 E. State Street Salem, OH 44460 Full Service B&M $72,021
    The Farmers National Bank of Canfield 24755 Chagrin Boulevard, Suite 100 Beachwood, OH 44122 Full Service B&M $79,262
    The Farmers National Bank of Canfield 29053 State Route 62 Damascus, OH 44619 Full Service B&M $40,192
    The Farmers National Bank of Canfield 305 West Liberty Street Wooster, OH 44691 Full Service B&M $58,044
    The Farmers National Bank of Canfield 310 West State St Suite A Alliance, OH 44601 Full Service B&M $30,855
    The Farmers National Bank of Canfield 340 State Route 14 Columbiana, OH 44408 Full Service B&M $94,578
    The Farmers National Bank of Canfield 3619 South Meridian Road Youngstown, OH 44511 Full Service B&M $78,500
    The Farmers National Bank of Canfield 4192 Burbank Rd. Wooster, OH 44691 Full Service B&M $68,923
    The Farmers National Bank of Canfield 42 Mcclurg Road Boardman, OH 44512 Full Service B&M $74,059
    The Farmers National Bank of Canfield 4518 Fulton Drive Nw Suite 100 Canton, OH 44718 Full Service B&M $71,528
    The Farmers National Bank of Canfield 4538 Boardman Canfield Road Canfield, OH 44406 Full Service B&M $20,843
    The Farmers National Bank of Canfield 4885 Atlantic Drive Seville, OH 44273 Full Service B&M $19,748
    The Farmers National Bank of Canfield 5845 Youngstown Warren Rd Niles, OH 44446 Full Service B&M $59,142
    The Farmers National Bank of Canfield 617 Bradshaw Avenue East Liverpool, OH 43920 Full Service B&M $50,472
    The Farmers National Bank of Canfield 7227 East Lincoln Way Apple Creek, OH 44606 Full Service B&M $25,255
    The Farmers National Bank of Canfield One South Main Street Niles, OH 44446 Full Service B&M $144,882

    For 2021, The Farmers National Bank Of Canfield had 38 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $116,273
    Net interest income $108,722
    Total noninterest income $26,340
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $3,997
    Trading account gains and fees $0
    Additional Noninterest Income $22,343
    Pre-tax net operating income $59,216
    Securities gains (or losses, -) $838
    Income before extraordinary items $50,030
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $50,030
    Minority interest net income $0
    Net income $50,030
    Sale, conversion, retirement of capital stock, net $719
    Net operating income $49,334

    The Farmers National Bank Of Canfield's gross interest income from loans was $116,273,000.
    The Farmers National Bank Of Canfield's net interest income from loans was $108,722,000.
    The Farmers National Bank Of Canfield's fee based income from loans was $3,997,000.
    The Farmers National Bank Of Canfield's net income from loans was $50,030,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $7,551
    Provision for credit losses $4,893
    Total noninterest expense $70,953
    Salaries and employee benefits $34,337
    Premises and equipment expense $8,153
    Additional noninterest expense $28,463
    Applicable income taxes $10,024
    Net charge-offs $862
    Cash dividends $45,621

    The Farmers National Bank Of Canfield's interest expense for loans was $7,551,000.
    The Farmers National Bank Of Canfield's payroll and benefits expense were $34,337,000.
    The Farmers National Bank Of Canfield's property, plant and equipment expenses $8,153,000.

    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 2.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    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 $3,639,389
    Deposits held in domestic offices $3,639,389
    Deposits by Individuals, partnerships, and corporations $3,211,447
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $427,713
    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 $2,417,848
    Demand deposits $1,009,890
    Nontransaction accounts $1,221,541
    Money market deposit accounts (MMDAs) $370,918
    Other savings deposits (excluding MMDAs) $463,845
    Total time deposits $386,778
    Total time and savings deposits $2,629,499
    Noninterest-bearing deposits $1,008,282
    Interest-bearing deposits $2,631,107
    Retail deposits $3,505,115
    IRAs and Keogh plan accounts $57,781
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $4,124,648
    Cash & Balances due from depository institutions $102,215
    Interest-bearing balances $62,066
    Total securities $1,421,400
    Federal funds sold & reverse repurchase $4,432
    Net loans and leases $2,306,167
    Loan and leases loss allowance $29,386
    Trading account assets $0
    Bank premises and fixed assets $37,400
    Other real estate owned $0
    Goodwill and other intangibles $104,458
    All other assets $148,576

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $4,124,648
    Total Liabilities $3,670,953
    Total deposits $3,639,389
    Interest-bearing deposits $2,631,107
    Deposits held in domestic offices $3,639,389
    % insured (estimated) $68
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $4,839
    Subordinated debt $0
    All other liabilities $26,725

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,306,167
    Loan and leases loss allowance $29,386
    Total loans and leases (domestic) $2,335,553
    All real estate loans $1,769,940
    Real estate loans in domestic offices $1,769,940
    Construction and development loans $80,924
    Residential 1-4 family construction $27,791
    Other construction, all land development and other land $53,133
    Loans secured by nonfarm nonresidential properties $866,987
    Nonfarm nonresidential secured by owner-occupied properties $337,999
    Commercial real estate & other non-farm, non-residential $528,988
    Multifamily residential real estate $82,239
    1-4 family residential loans $562,373
    Farmland loans $177,417
    Loans held in foreign offices $0
    Farm loans $54,873
    Commercial and industrial loans $278,929
    To non-U.S. addressees $0
    Loans to individuals $192,605
    Credit card loans $0
    Related Plans $9,161
    Consumer Auto Loans $115,563
    Other loans to individuals $67,881
    All other loans & leases $39,206
    Loans to foreign governments and official institutions $0
    Other loans $711
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $3,274
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $1,677
    Non 1-4 family restructured loans & leases $25
    Total loans and leases (foreign) $0

    The Farmers National Bank of Canfield had $2,306,167,000 of loans outstanding in 2021. $1,769,940,000 of loans were in real estate loans. $80,924,000 of loans were in development loans. $82,239,000 of loans were in multifamily mortgage loans. $562,373,000 of loans were in 1-4 family mortgage loans. $54,873,000 of loans were in farm loans. $0 of loans were in credit card loans. $115,563,000 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 1,172 $256,883 $219,183
    Nonfarm, nonresidential loans - <$100k 284 $10,877 $38,299
    Nonfarm, nonresidential loans - $100-250k 357 $43,085 $120,686
    Nonfarm, nonresidential loans - $250k-1MM 531 $202,921 $382,149
    Commercial & Industrial, US addressed loans - <$1MM 3,880 $188,595 $48,607
    Commercial & Industrial, US addressed loans - <$100k 3,102 $69,680 $22,463
    Commercial & Industrial, US addressed loans - $100-250k 438 $38,996 $89,032
    Commercial & Industrial, US addressed loans - $250k-1MM 340 $79,919 $235,056
    Farmland loans - <$1MM 473 $66,612 $140,829
    Farmland loans - <$100k 157 $7,269 $46,299
    Farmland loans - $100-250k 205 $28,148 $137,307
    Farmland loans - $250k-1MM 111 $31,195 $281,036
    Agriculture operations loans - <$1MM 1,891 $45,510 $24,067
    Agriculture operations loans - <$100k 1,754 $29,094 $16,587
    Agriculture operations loans - $100-250k 113 $12,082 $106,920
    Agriculture operations loans - $250k-1MM 24 $4,334 $180,583