Farmers National Banc Corp. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company has reported net interest income of $9,122,000 compared to $9,762,000 for the same period a year ago. Income before income taxes was $4,009,000 compared to $4,148,000 for the same period a year ago. Net income was $3,040,000 compared to $3,256,000 for the same period a year ago. Basic and diluted earnings per share was $0.16 compared to $0.24 for the same period a year ago. Return on average assets was 1.13% compared to 1.26% for the same period a year ago. Return on average equity was 11.37% compared to 14.29% for the same period a year ago. For the full year, the company has reported net interest income of $36,597,000 compared to $37,367,000 for the same period a year ago. Income before income taxes was $11,758,000 compared to $11,535,000 for the same period a year ago. Net income was $9,218,000 compared to $8,991,000 for the same period a year ago. Basic and diluted earnings per share was $0.50 compared to $0.66 for the same period a year ago. Return on average assets was 0.89% compared to 0.87% for the same period a year ago. Return on average equity was 8.76% compared to 10.46% for the same period a year ago. Book value per share as at December 31, 2011 was $5.52 compared to $6.45 for the same period a year ago. Tangible book value per share as at December 31, 2011 was $5.16 compared to $5.95 for the same period a year ago. The board of directors declared a special one-time additional dividend of $0.03 per share special cash dividend, payable on February 28, 2012 to common shareholders of record as of February 13, 2012. This special one-time additional $0.03 cash dividend represents a 25% premium on the current $0.12 annual cash dividend.