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Farmers National Bank history
Farmers National Bank company history timeline
Farmers was founded on February 19, 1887 by a group of local businessmen to serve the needs of the growing community.
The Farmers National Bank of Lebanon had its origin in the office of T.S. Edelen on February 6, 1890, when he and several other citizens decided that Marion County needed another bank.
The doors opened for business on April 1 of 1890 with capital of $50,000.
Founded in 1890, FNB offers a variety of deposit and loan products for consumers and businesses.
Some major events in the history of Farmers National Bank include the bank’s formation on August 13, 1902.
The Farmers National Bank was established September 20th, 1917 by Asher B. Wilson, E. A. Milner and Cashier C. M. Slocum.
The bank was housed in rented quarters on Main Street and it was not until 1917 that the property was purchased by the bank.
In April 1918 J.C. Hamilton joined the bank as cashier and with his firm belief in the Magic Valley, proceeded to procure the majority of bank stock within the next year.
J.C. ‘s son, J.P. (Pat) Hamilton, started working for the bank in 1946.
In 1959, Farmers National Bank provided the first drive-in facility on Walnut Street.
Total assets had grown to over $6 million! Plans were initiated for construction of a new building which was occupied for the first time in 1966.
In 1966 J.P. Hamilton succeeded his father as President.
A branch office was opened in Hagerman in 1970.
In 1973, the bank reported resources of over $10.7 million and it was decided that a branch bank should be built.
Soon after, in 1973, the Hagerman office was moved to Wendell.
So it was in 1974 that a branch was added in the Lebanon Trade Center in a newly-built structure compatible with the colonial design of the downtown bank.
An automated, 24-hour teller machine was installed in 1978, the first of its kind in the area.
In 1982, young Gene made an offer to purchase controlling interest in the bank, acting as agent for a bank holding company to be formed.
In 1989 a third office was started at 890 Shoshone St in Twin Falls.
August 22, 2005, the Board of Directors of the Farmers National Bank of Lebanon officially elected George B. Spragens Chairman of the Board, Chief Executive Officer, and President.
In 2005 Mike Hamilton assumed the duties of president for a third generation of family bankers.
Shortly after, in April of 2008, our sixth office was added for your convenience on Pole Line Road in Twin Falls.
December 2, 2012, the bank hosted the grand opening of a newly constructed branch at 2160 Campbellsville Highway in the Wal-Mart shopping center. (The small branch at 760 West Main Street was simultaneously closed.)
Starting in 2014, a fourth generation of Hamilton's joined the family business continuing the tradition laid down by their grandfather and great-grandfather.
In 2015, while celebrating the Bank's 125th anniversary, the lobby of the Main Office was renovated and updated to reflect modern banking needs while staying true to the Bank's traditional roots.
January 1, 2016 Melissa Lee Knight became the bank's tenth president and its first female president.
In 2017, the bank introduced the areas first Interactive Teller Machine.
As of December 31, 2020, bank assets totaled more than 561 million dollars.
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Farmers National Bank competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| First Northern Bank | 1910 | $56.7M | 230 | 13 |
| Cullman Savings Bank | 1887 | - | 30 | - |
| bankESB | 1869 | $53.3M | 100 | - |
| Security Federal Savings Bank | 1934 | $11.4M | 20 | 5 |
| Mechanics Savings Bank | 1875 | $17.6M | 50 | 150 |
| Kennebec Savings Bank | 1870 | $27.0M | 81 | 7 |
| IBERIABANK | 1887 | $1.2B | 3,441 | - |
| MidSouth Bank | 1899 | $650.0M | 3,000 | - |
| Midland States Bank | 1881 | $7.7M | 721 | 60 |
| ANB Bank | 1999 | $35.0M | 135 | 24 |
Farmers National Bank history FAQs
Zippia gives an in-depth look into the details of Farmers National Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Farmers National Bank. The employee data is based on information from people who have self-reported their past or current employments at Farmers National Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Farmers National Bank. The data presented on this page does not represent the view of Farmers National Bank and its employees or that of Zippia.
Farmers National Bank may also be known as or be related to FARMERS NATIONAL BANC CORP OH, Farmers National Banc, Farmers National Banc Corp, Farmers National Banc Corp., Farmers National Bank and Farmers National Bank Of Canfield.