Farmers National Banc Corp. reported net income of $12.5 million for the third quarter of 2025, compared to $8.5 million in the third quarter of 2024. The third quarter of 2025 included pretax losses from the sale of investment securities and other assets totaling $1 million, as well as a $3.1 million charge for consulting services related to the transition of core platform vendors. Excluding these items, non-GAAP net income for the quarter was $15.7 million. Noninterest income declined to $11.4 million from $12.3 million in the same quarter of 2024, due to larger losses on the sale of securities and lower SBIC income. Service charge income on deposit accounts was $1.9 million, down from $2 million, while bank owned life insurance income increased to $852,000 from $688,000. Trust fees rose to $2.7 million from $2.5 million. Losses on the sale of available for sale securities were $927,000, compared to $403,000 a year earlier. The company announced a merger with Middlefield Banc Corp., expected to close in the first quarter of 2026. Upon completion, Farmers National Banc Corp. will have more than $7.4 billion in assets.