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Farmers National Banc Corp FMNB Bank Owned Life Insurance Income Death Benefit

Bank Owned Life Insurance Income Death Benefit at other companies

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$665K+22.5%
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$2.66M-21.7%
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Other financials

Income statement

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Revenue$80.8M+19.2%
Net income$16.3M+19.8%
EPS (diluted)$0.38-2.6%

Balance sheet

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Cash & equivalents$38.2M+107%
Total debt$446.5M+127%
Total equity$766.9M+78.7%
Total assets$7.2B+39.1%

Cash flow

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Operating cash flow$7.6M-51.7%
CapEx$507.0K-85.5%
Free cash flow$7.1M-41.9%

Valuation

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Market cap$862.76M+77.4%
Enterprise value$1.27B+91.4%
P/E15.1×+5.0×
P/S+0.5×

Profitability

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Net margin19.6%-4.9pp
FCF margin16.1%-11.7pp

Returns & leverage

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Return on equity9.6%-2.1pp
Debt / equity0.6×+0.1×

Where this comes from

Reported directly by Farmers National Banc Corp in its filing.

Tagged under the XBRL concept fmnb:BankOwnedLifeInsuranceIncomeDeathBenefit.

The official record: Farmers National Banc Corp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Farmers National Banc Corp's bank owned life insurance income death benefit?
Farmers National Banc Corp (FMNB) reported bank owned life insurance income death benefit of $526K in Q1 2026.
How has Farmers National Banc Corp's bank owned life insurance income death benefit changed year-over-year?
Farmers National Banc Corp's bank owned life insurance income death benefit increased by 373.9% year-over-year, from $111K to $526K.
What does bank owned life insurance income death benefit mean?
This represents the cash proceeds received from life insurance policies upon the death of the insured individuals covered by bank-owned life insurance. Because these events are non-recurring and unpredictable, this income is considered non-operating in nature. It provides insight into one-time gains that may temporarily inflate net income.