Farmers National Bank 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M Company	Equities	88579Y101	475,603	3,966	SH		SOLE		3,966	0	0
Abbott Laboratories	Equities	002824100	131,748	1,200	SH		DFND		1,200	0	0
Abbott Laboratories	Equities	002824100	633,159	5,767	SH		SOLE		5,767	0	0
Abbvie Inc	Equities	00287Y109	193,932	1,200	SH		DFND		1,200	0	0
Abbvie Inc	Equities	00287Y109	926,187	5,731	SH		SOLE		5,731	0	0
Accenture Plc Class A	Equities	G1151C101	10,140	38	SH		DFND		38	0	0
Accenture Plc Class A	Equities	G1151C101	4,966,693	18,613	SH		SOLE		18,443	90	80
Allstate Corp	Equities	020002101	6,644	49	SH		DFND		49	0	0
Allstate Corp	Equities	020002101	3,858,634	28,456	SH		SOLE		28,406	50	0
Alphabet Inc Class A	Equities	02079K305	442,473	5,015	SH		SOLE		5,015	0	0
Alphabet Inc Class C	Equities	02079K107	574,615	6,476	SH		SOLE		6,476	0	0
Amazon.com Inc	Equities	023135106	628,068	7,477	SH		SOLE		7,477	0	0
Amgen Inc	Equities	031162100	23,900	91	SH		DFND		91	0	0
Amgen Inc	Equities	031162100	762,444	2,903	SH		SOLE		2,903	0	0
Apple Inc.	Equities	037833100	89,132	686	SH		DFND		686	0	0
Apple Inc.	Equities	037833100	12,630,365	97,209	SH		SOLE		96,744	330	135
AT&T Inc	Equities	00206R102	48,547	2,637	SH		DFND		2,637	0	0
AT&T Inc	Equities	00206R102	2,305,889	125,252	SH		SOLE		124,601	540	111
Automatic Data Processing	Equities	053015103	277,794	1,163	SH		SOLE		1,163	0	0
Bank of New York Mellon Corp	Equities	064058100	4,552	100	SH		DFND		100	0	0
Bank of New York Mellon Corp	Equities	064058100	521,250	11,451	SH		SOLE		11,451	0	0
Baxter International Inc	Equities	071813109	205,868	4,039	SH		SOLE		4,039	0	0
Berkshire Hathaway Inc Class B	Equities	084670702	15,754	51	SH		DFND		51	0	0
Berkshire Hathaway Inc Class B	Equities	084670702	1,048,407	3,394	SH		SOLE		3,394	0	0
Blackrock Inc	Equities	09247X101	7,086	10	SH		DFND		10	0	0
Blackrock Inc	Equities	09247X101	4,457,283	6,290	SH		SOLE		6,270	0	20
Bristol-Myers Squibb Co	Equities	110122108	122,315	1,700	SH		DFND		1,700	0	0
Bristol-Myers Squibb Co	Equities	110122108	700,289	9,733	SH		SOLE		9,733	0	0
Broadcom Ltd	Equities	11135F101	2,096,178	3,749	SH		SOLE		3,724	25	0
Carrier Global Corp	Equities	14448C104	3,713	90	SH		DFND		90	0	0
Carrier Global Corp	Equities	14448C104	276,375	6,700	SH		SOLE		6,700	0	0
Caterpillar Inc	Equities	149123101	3,593	15	SH		DFND		15	0	0
Caterpillar Inc	Equities	149123101	930,211	3,883	SH		SOLE		3,883	0	0
Cencora Inc	Equities	03073E105	248,565	1,500	SH		SOLE		1,500	0	0
Chevron Corp	Equities	166764100	40,206	224	SH		DFND		224	0	0
Chevron Corp	Equities	166764100	7,625,274	42,483	SH		SOLE		41,172	110	1,201
Chubb LTD Corp	Equities	H1467J104	9,927	45	SH		DFND		45	0	0
Chubb LTD Corp	Equities	H1467J104	389,138	1,764	SH		SOLE		1,764	0	0
Cisco Systems Inc	Equities	17275R102	23,534	494	SH		DFND		494	0	0
Cisco Systems Inc	Equities	17275R102	2,932,575	61,557	SH		SOLE		61,317	200	40
Clorox Company	Equities	189054109	779,393	5,554	SH		SOLE		5,414	0	140
Coca-Cola Company	Equities	191216100	139,942	2,200	SH		DFND		2,200	0	0
Coca-Cola Company	Equities	191216100	5,339,869	83,947	SH		SOLE		83,617	300	30
Colgate-Palmolive Co	Equities	194162103	591,477	7,507	SH		SOLE		7,507	0	0
Comcast Corp Class A	Equities	20030N101	12,065	345	SH		DFND		345	0	0
Comcast Corp Class A	Equities	20030N101	3,061,519	87,547	SH		SOLE		87,097	450	0
Communication Services SPDR	Equities	81369Y852	534,369	11,135	SH		SOLE		11,135	0	0
CSX Corp	Equities	126408103	285,574	9,218	SH		SOLE		9,218	0	0
CVS Health Corp	Equities	126650100	24,043	258	SH		DFND		258	0	0
CVS Health Corp	Equities	126650100	5,917,938	63,504	SH		SOLE		62,908	400	196
Darden Restaurants Inc	Equities	237194105	431,313	3,118	SH		SOLE		3,118	0	0
Deere & Co	Equities	244199105	708,312	1,652	SH		SOLE		1,652	0	0
Dimensional US Marketwide Value	Equities	25434V724	1,810,364	54,073	SH		SOLE		54,073	0	0
Duke Energy Corp	Equities	26441C204	3,399	33	SH		DFND		33	0	0
Duke Energy Corp	Equities	26441C204	3,056,022	29,673	SH		SOLE		29,278	97	298
Ecolab Inc	Equities	278865100	10,044	69	SH		DFND		69	0	0
Ecolab Inc	Equities	278865100	1,678,161	11,529	SH		SOLE		11,479	50	0
Eli Lilly & Co.	Equities	532457108	1,207,272	3,300	SH		SOLE		3,300	0	0
Emerson Electric Co	Equities	291011104	595,284	6,197	SH		SOLE		6,197	0	0
Enbridge Inc	Equities	29250N105	317,688	8,125	SH		SOLE		8,125	0	0
Estee Lauder Companies Inc Clas	Equities	518439104	324,776	1,309	SH		SOLE		1,309	0	0
Exxon Mobil Corp	Equities	30231G102	4,206,070	38,133	SH		SOLE		36,733	0	1,400
Flexshares Glb. Upstream Ntrl.	Equities	33939L407	9,259	213	SH		DFND		213	0	0
Flexshares Glb. Upstream Ntrl.	Equities	33939L407	10,993,911	252,908	SH		SOLE		251,407	947	554
Flexshares Yr. TIPS ETF	Equities	33939L605	6,543	277	SH		DFND		277	0	0
Flexshares Yr. TIPS ETF	Equities	33939L605	7,355,528	311,411	SH		SOLE		310,195	875	341
General Dynamics Corp	Equities	369550108	13,398	54	SH		DFND		54	0	0
General Dynamics Corp	Equities	369550108	2,292,288	9,239	SH		SOLE		9,099	40	100
General Mills Inc	Equities	370334104	563,053	6,715	SH		SOLE		6,715	0	0
Genuine Parts Co	Equities	372460105	319,605	1,842	SH		SOLE		1,842	0	0
Hershey Co Foods	Equities	427866108	259,822	1,122	SH		SOLE		1,122	0	0
Home Depot Inc	Equities	437076102	89,388	283	SH		DFND		283	0	0
Home Depot Inc	Equities	437076102	7,072,421	22,391	SH		SOLE		22,121	75	195
Honeywell International Inc	Equities	438516106	55,289	258	SH		DFND		258	0	0
Honeywell International Inc	Equities	438516106	5,484,580	25,593	SH		SOLE		25,413	95	85
Intel Corporation	Equities	458140100	18,501	700	SH		DFND		700	0	0
Intel Corporation	Equities	458140100	1,291,687	48,872	SH		SOLE		48,522	300	50
International Business Machines	Equities	459200101	9,299	66	SH		DFND		66	0	0
International Business Machines	Equities	459200101	2,926,285	20,770	SH		SOLE		20,690	80	0
Invesco Bulletshares 2023 Munic	Equities	46138J544	10,004	398	SH		DFND		398	0	0
Invesco Bulletshares 2023 Munic	Equities	46138J544	844,612	33,603	SH		SOLE		33,603	0	0
Invesco Bulletshares 2024 Munic	Equities	46138J536	10,024	405	SH		DFND		405	0	0
Invesco Bulletshares 2024 Munic	Equities	46138J536	1,303,929	52,684	SH		SOLE		52,684	0	0
Invesco Bulletshares 2025 Munic	Equities	46138J528	9,679	398	SH		DFND		398	0	0
Invesco Bulletshares 2025 Munic	Equities	46138J528	1,013,658	41,680	SH		SOLE		41,680	0	0
Invesco Bulletshares 2026 Munic	Equities	46138J510	9,545	406	SH		DFND		406	0	0
Invesco Bulletshares 2026 Munic	Equities	46138J510	1,526,669	64,937	SH		SOLE		64,937	0	0
Invesco Bulletshares 2027 Munic	Equities	46138J494	5,033	214	SH		DFND		214	0	0
Invesco Bulletshares 2027 Munic	Equities	46138J494	822,810	34,984	SH		SOLE		34,984	0	0
Invesco Bulletshares 2028 Munic	Equities	46138J486	5,041	217	SH		DFND		217	0	0
Invesco Bulletshares 2028 Munic	Equities	46138J486	1,047,534	45,094	SH		SOLE		45,094	0	0
Invesco Bulletshares 2029 Munic	Equities	46138J478	5,037	220	SH		DFND		220	0	0
Invesco Bulletshares 2029 Munic	Equities	46138J478	857,891	37,470	SH		SOLE		37,470	0	0
Invesco BulletShares 2030 Munic	Equities	46138J445	9,277	428	SH		DFND		428	0	0
Invesco BulletShares 2030 Munic	Equities	46138J445	1,224,907	56,514	SH		SOLE		56,514	0	0
Invesco Bulletshares 2031 Munic	Equities	46138J411	372,953	17,952	SH		SOLE		17,952	0	0
iShares 1-3 Year Treasury Bond	Equities	464287457	319,079	3,931	SH		SOLE		3,931	0	0
iShares Core S&P 500 ETF	Equities	464287200	780,715	2,032	SH		SOLE		2,032	0	0
iShares Core S&P Mid-Cap ETF	Equities	464287507	486,683	2,012	SH		SOLE		2,012	0	0
iShares GNMA Bond ETF	Equities	46429B333	1,491,873	34,292	SH		SOLE		34,292	0	0
iShares iBonds 2023 Corporate E	Equities	46434VAX8	775,404	30,979	SH		SOLE		30,979	0	0
iShares iBonds 2024 Corporate E	Equities	46434VBG4	1,293,552	52,971	SH		SOLE		52,971	0	0
iShares iBonds 2025 Corporate E	Equities	46434VBD1	846,141	34,792	SH		SOLE		34,792	0	0
iShares iBonds 2026 Corporate E	Equities	46435GAA0	1,061,818	45,474	SH		SOLE		45,474	0	0
iShares iBonds 2027 Corporate E	Equities	46435UAA9	875,347	37,456	SH		SOLE		37,456	0	0
iShares iBonds 2028 Corporate E	Equities	46435U515	968,758	39,883	SH		SOLE		39,883	0	0
iShares iBonds 2029 Corporate E	Equities	46436E205	598,657	27,003	SH		SOLE		27,003	0	0
iShares iBonds 2030 Corporate E	Equities	46436E726	745,742	35,853	SH		SOLE		35,853	0	0
iShares iBonds 2031 Corporate E	Equities	46436E486	370,750	18,640	SH		SOLE		18,640	0	0
iShares MBS ETF	Equities	464288588	1,469,717	15,846	SH		SOLE		15,846	0	0
iShares Russell 1000 ETF	Equities	464287622	395,357	1,878	SH		SOLE		1,878	0	0
iShares Russell 1000 Growth ETF	Equities	464287614	557,881	2,604	SH		SOLE		2,604	0	0
iShares Russell 1000 Value ETF	Equities	464287598	274,941	1,813	SH		SOLE		1,813	0	0
iShares Russell 2000 ETF	Equities	464287655	1,104,396	6,334	SH		SOLE		6,334	0	0
iShares Russell Mid-Cap ETF	Equities	464287499	1,202,094	17,822	SH		SOLE		17,822	0	0
iShares Select Dividend ETF	Equities	464287168	1,169,820	9,700	SH		SOLE		9,700	0	0
iShares Short Treasury Bond	Equities	464288679	278,427	2,533	SH		SOLE		2,533	0	0
iShares Trust Core US Aggregate	Equities	464287226	283,793	2,926	SH		SOLE		2,926	0	0
iShares US Preferred Stock ETF	Equities	464288687	394,936	12,936	SH		SOLE		12,936	0	0
Johnson & Johnson	Equities	478160104	37,097	210	SH		DFND		210	0	0
Johnson & Johnson	Equities	478160104	9,858,837	55,810	SH		SOLE		55,369	140	301
JP Morgan Chase	Equities	46625H100	82,606	616	SH		DFND		616	0	0
JP Morgan Chase	Equities	46625H100	8,582,802	64,003	SH		SOLE		63,710	133	160
Kentucky First Federal Bancorp	Equities	491292108	75,338	11,312	SH		SOLE		11,312	0	0
Kimberly-Clark Corp	Equities	494368103	722,869	5,325	SH		SOLE		5,325	0	0
Linde Plc	Equities	G5494J103	24,137	74	SH		DFND		74	0	0
Linde Plc	Equities	G5494J103	3,092,186	9,480	SH		SOLE		9,435	45	0
Lockheed Martin Corp	Equities	539830109	329,354	677	SH		SOLE		677	0	0
Lowe's Companies Inc	Equities	548661107	1,628,986	8,176	SH		SOLE		7,976	0	200
Mastercard Inc Class A	Equities	57636Q104	3,731,143	10,730	SH		SOLE		10,318	0	412
McDonald's Corp	Equities	580135101	19,765	75	SH		DFND		75	0	0
McDonald's Corp	Equities	580135101	6,947,178	26,362	SH		SOLE		26,132	95	135
Medtronic Plc Corp	Equities	G5960L103	2,317,688	29,821	SH		SOLE		29,496	120	205
Merck & Co Inc	Equities	58933Y105	9,431	85	SH		DFND		85	0	0
Merck & Co Inc	Equities	58933Y105	1,562,731	14,085	SH		SOLE		13,910	0	175
Microsoft Corp	Equities	594918104	137,897	575	SH		DFND		575	0	0
Microsoft Corp	Equities	594918104	12,678,084	52,865	SH		SOLE		52,413	185	267
Mondelez International Inc A	Equities	609207105	14,463	217	SH		DFND		217	0	0
Mondelez International Inc A	Equities	609207105	2,309,889	34,657	SH		SOLE		34,417	240	0
Morgan Stanley Corp	Equities	617446448	346,286	4,073	SH		SOLE		4,073	0	0
Nextera Energy Inc	Equities	65339F101	7,106	85	SH		DFND		85	0	0
Nextera Energy Inc	Equities	65339F101	4,201,485	50,257	SH		SOLE		49,882	125	250
Nike Inc Class B	Equities	654106103	4,680	40	SH		DFND		40	0	0
Nike Inc Class B	Equities	654106103	964,864	8,246	SH		SOLE		8,246	0	0
Norfolk Southern Corp	Equities	655844108	19,960	81	SH		DFND		81	0	0
Norfolk Southern Corp	Equities	655844108	5,728,033	23,245	SH		SOLE		23,195	50	0
Novartis Ag ADR	Equities	66987V109	629,143	6,935	SH		SOLE		6,685	0	250
NVIDIA Corp	Equities	67066G104	324,431	2,220	SH		SOLE		2,220	0	0
Opko Health Inc	Equities	68375N103	62,875	50,300	SH		SOLE		50,300	0	0
Oracle Corporation	Equities	68389X105	442,295	5,411	SH		SOLE		5,411	0	0
Otis Worldwide Corp	Equities	68902V107	3,524	45	SH		DFND		45	0	0
Otis Worldwide Corp	Equities	68902V107	272,910	3,485	SH		SOLE		3,485	0	0
Pepsico Inc	Equities	713448108	3,380,329	18,711	SH		SOLE		18,380	0	331
Pfizer Inc	Equities	717081103	34,126	666	SH		DFND		666	0	0
Pfizer Inc	Equities	717081103	6,446,351	125,807	SH		SOLE		124,690	270	847
PNC Financial Services Group	Equities	693475105	725,103	4,591	SH		SOLE		4,591	0	0
PPG Industries Inc	Equities	693506107	551,999	4,390	SH		SOLE		4,390	0	0
Procter & Gamble Co	Equities	742718109	281,295	1,856	SH		DFND		1,856	0	0
Procter & Gamble Co	Equities	742718109	9,106,937	60,088	SH		SOLE		59,623	100	365
Raytheon Technologies Corp	Equities	75513E101	17,863	177	SH		DFND		177	0	0
Raytheon Technologies Corp	Equities	75513E101	871,242	8,633	SH		SOLE		8,633	0	0
Realty Income Corp REIT	Equities	756109104	31,715	500	SH		DFND		500	0	0
Realty Income Corp REIT	Equities	756109104	1,214,748	19,151	SH		SOLE		18,776	0	375
Shoshone Silver Mining Company	Equities	825356108	1	10,000	SH		SOLE		10,000	0	0
Southern Company	Equities	842587107	6,427	90	SH		DFND		90	0	0
Southern Company	Equities	842587107	1,532,387	21,459	SH		SOLE		21,184	0	275
SPDR Dow Jones Industrial Avera	Equities	78467X109	238,889	721	SH		SOLE		721	0	0
SPDR S&P 500 ETF	Equities	78462F103	91,783	240	SH		DFND		240	0	0
SPDR S&P 500 ETF	Equities	78462F103	2,037,205	5,327	SH		SOLE		5,327	0	0
Starbucks Corp	Equities	855244109	53,766	542	SH		DFND		542	0	0
Starbucks Corp	Equities	855244109	4,795,923	48,346	SH		SOLE		48,086	200	60
T Rowe Price Group Inc.	Equities	74144T108	745,970	6,840	SH		SOLE		6,565	0	275
Target Co	Equities	87612E106	13,414	90	SH		DFND		90	0	0
Target Co	Equities	87612E106	2,970,516	19,931	SH		SOLE		19,756	100	75
TJX Companies Inc	Equities	872540109	332,887	4,182	SH		SOLE		4,182	0	0
Truist Financial Corp	Equities	89832Q109	1,936	45	SH		DFND		45	0	0
Truist Financial Corp	Equities	89832Q109	1,506,351	35,007	SH		SOLE		35,007	0	0
U.S. Bancorp	Equities	902973304	299,775	6,874	SH		SOLE		6,524	0	350
Unilever Plc ADR	Equities	904767704	20,895	415	SH		DFND		415	0	0
Unilever Plc ADR	Equities	904767704	367,253	7,294	SH		SOLE		6,929	0	365
Union Pacific Corp	Equities	907818108	1,125,633	5,436	SH		SOLE		5,436	0	0
United Parcel Service Inc Class	Equities	911312106	55,629	320	SH		DFND		320	0	0
United Parcel Service Inc Class	Equities	911312106	4,495,155	25,858	SH		SOLE		25,458	50	350
UnitedHealth Group Inc	Equities	91324P102	721,045	1,360	SH		SOLE		1,360	0	0
Vanguard Developed Markets Inde	Equities	921943858	458,774	10,931	SH		SOLE		10,931	0	0
Vanguard Dividend Appreciation	Equities	921908844	640,655	4,219	SH		SOLE		4,219	0	0
Vanguard Growth Index ETF	Equities	922908736	544,922	2,557	SH		SOLE		2,557	0	0
Vanguard Idx Total Stock Market	Equities	922908769	287,741	1,505	SH		SOLE		1,505	0	0
Vanguard Information Technology	Equities	92204A702	25,233	79	SH		DFND		79	0	0
Vanguard Information Technology	Equities	92204A702	2,421,128	7,580	SH		SOLE		7,315	0	265
Vanguard Large Cap Index ETF	Equities	922908637	466,508	2,678	SH		SOLE		2,678	0	0
Vanguard Mid-Cap Index ETF	Equities	922908629	844,792	4,145	SH		SOLE		4,145	0	0
Vanguard REIT Index ETF	Equities	922908553	735,887	8,922	SH		SOLE		8,922	0	0
Vanguard S&P 500 ETF	Equities	922908363	662,276	1,885	SH		SOLE		1,885	0	0
Vanguard Small-Cap Index ETF	Equities	922908751	556,860	3,034	SH		SOLE		3,034	0	0
Vanguard Value Index ETF	Equities	922908744	441,323	3,144	SH		SOLE		3,144	0	0
Verizon Communications Inc	Equities	92343V104	41,961	1,065	SH		DFND		1,065	0	0
Verizon Communications Inc	Equities	92343V104	253,460	6,433	SH		SOLE		6,433	0	0
Visa Inc Class A	Equities	92826C839	29,086	140	SH		DFND		140	0	0
Visa Inc Class A	Equities	92826C839	4,632,425	22,297	SH		SOLE		21,747	0	550
Walgreens Boots Alliance Inc	Equities	931427108	56,040	1,500	SH		DFND		1,500	0	0
Walgreens Boots Alliance Inc	Equities	931427108	553,488	14,815	SH		SOLE		14,815	0	0
Walmart Stores Inc	Equities	931142103	17,015	120	SH		DFND		120	0	0
Walmart Stores Inc	Equities	931142103	1,005,716	7,093	SH		SOLE		7,093	0	0
Walt Disney Co	Equities	254687106	26,498	305	SH		DFND		305	0	0
Walt Disney Co	Equities	254687106	3,578,413	41,188	SH		SOLE		40,698	230	260
Wisdomtree Global Ex-US Quality	Equities	97717W802	889,755	24,805	SH		SOLE		24,805	0	0
Wisdomtree US Midcap Dividend F	Equities	97717W505	1,504,120	36,561	SH		SOLE		36,561	0	0
Wisdomtree US Smallcap Dividend	Equities	97717W604	1,175,055	41,317	SH		SOLE		41,317	0	0