Announcement caps trifecta of positive notices
CANFIELD, Ohio--(BUSINESS WIRE)--
Farmers National Banc Corp. (NASDAQ:FMNB) will join the Russell
Microcap® Index when Russell Investments reconstitutes its family of
U.S. indexes on June 25, according to a preliminary list of additions
posted on www.russell.com.
Membership in the Russell Microcap Index, which remains in place for one
year, means automatic inclusion in the appropriate growth and value
style indexes. Russell determines membership for its equity indexes
primarily by objective, market-capitalization rankings and style
attributes.
“This announcement is great news on two fronts,” says Farmers President
and CEO John S. Gulas. “First, positive recognition such as this will
surely be a value to our current shareholders. Second, investors from
all over the country will now be introduced to the Farmers story,
through Russell and see the benefits in joining our shareholder ranks.
Either way, it’s gratifying to see our company’s growth plans achieve
success.”
Today’s Russell announcement comes just weeks after Farmers was named
one of 200 best community banks in America by American Banker
Magazine(www.americanbanker.com)
and notice from PrimeVest—Farmers’ financial services partner for
investment services—that Farmers is its number two producer of
investment services in the US for banks its size.
Russell indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for both passive and active
investment strategies. In the institutional marketplace, an
industry-leading $3.9 trillion in assets currently are benchmarked to
them. Russell calculates more than 80,000 benchmarks daily covering
approximately 98 percent of the investable market globally, 83 countries
and more than 10,000 securities.
Annual reconstitution of Russell Indexes captures the 4,000 largest U.S.
stocks as of the end of May, ranking them by total market capitalization
to create the Russell 3000 Index and Russell Microcap Index. These
investment tools originated from Russell's multi-manager investment
business in the early 1980s when the company saw the need for a more
objective, market-driven set of benchmarks in order to evaluate outside
investment managers.
Total returns data for the Russell Microcap and other Russell Indexes is
available at http://www.russell.com/indexes/data/US_Equity/Russell_US_Index_returns.asp.
About Farmers National Bank
Farmers National Bank is Mahoning Valley’s leading community bank
with more than $1 billion in Banking assets and $1 billion in Trust
assets. With 19 banking locations and two trust offices throughout
Trumbull, Mahoning, Columbiana and Stark counties, Farmers also has a
full array of financial services to include Farmers National
Investments, Farmers Trust Company and Farmers National Insurance.
Founded in 1887, the bank has been community-minded and committed to
the Valley for 125 years.Throughout the recent financial crisis,
Farmers has shown great strength by continuing rock-solid business and
lending practices that help the individuals and businesses in our
communities thrive and survive.
For years to come, Farmers National Bank will continue to strive for
innovative solutions for our customers, associates, shareholders and the
community.
About Russell
Russell Investments (Russell) is a global asset manager and one of
only a few firms that offers actively managed, multi-asset portfolios
and services that include advice, investments and implementation.
Working with institutional investors, financial advisors and
individuals, Russell’s core capabilities extend across capital markets
insights, manager research, Indexes, portfolio implementation and
portfolio construction.
Russell has approximately $155 billion in assets under management (as
of 3/31/2012) and works with 2,400 institutional clients, more than 580
independent distribution partners and advisors, and individual investors
globally. Founded in 1936, Russell is a subsidiary of The Northwestern
Mutual Life Insurance Company.

Farmers National Banc Corp.
Jennifer Everett, Marketing
Coordinator, 330-702-7241 (office)
330-360-1561 (mobile)
Source: Farmers National Banc Corp.