Annual Reports & Press Releases

FC Banc Corp. Announces Nine Months Ended September 30, 2012 - Increase in Earnings

BUCYRUS, Ohio, October 23, 2012: The Board of Directors of Farmers Citizens Bank and FC Banc Corp. announced their nine months ended September 30, 2012 earnings highlighted by an increase in net income of 32.3% for the nine months ended September 30, 2012 over the same period in 2011. The Board also announced their quarterly dividend. Other financial highlights include the following:

• Total assets stood at $360.0 million as of September 30, 2012. This represents a slight increase of approximately $4.0 million over September 30, 2011.

• Total loans increased $47.3 million, or 23.8% over the same date in 2011 to $246.4 million as of September 30, 2012.

• Total deposits increased $4.8 million dollars over the same date in 2011 to $315.4 million, an increase of 1.5% over September 30, 2011.

• Net Income for the Nine Months Ended September 30, 2012 was $2,452,000, an increase of 37.2% over the same period of 2011. Net interest income increased $1,032,000, and non-interest income also increased by $361,000, for the Nine Months Ended September 30, 2012 when compared to the same period in 2011. Non-interest expenses increased $1,061,000 over the same period in 2011.

• Provision for Loan Losses was $313,000 for the Nine Months Ended September 30, 2012, a decrease of $522,000 when compared to the same period in 2011. Key asset quality ratios remained very strong as of September 30, 2012 and as of September 30, 2012 the Allowance for Loan Loss Reserve as a percentage of total loans stood at 1.31%.

The Board also announced its Quarterly Common Stock Cash Dividend of $.26 cents per share, and is payable on November 21, 2012 to shareholders of record as of November 7, 2012. The Board further announced its Preferred Stock Dividend of $5.25 per share payable on October 31, 2012 to shareholders of record on September 30, 2012.

"We are very proud of the continued success of the company and our results for the nine months ended September 30, 2012," stated R. Duane Hord, Board Chairman. "With our dedicated team that is focused on credit quality, shareholder value and the communities we serve, we are proud to report these results to you today."

Coleman J. Clougherty, President and CEO of Farmers Citizens Bank and President of FC Banc Corp commented: "The first nine months ended September 30, 2012 continued to present both FC Bank and the entire financial services industry with continued economic challenges. Our dedicated team of Directors, Officers and Employees continue to remain focused on our goals and objectives while maintaining the highest quality of both customer service and prudent banking practices. The banking industry continues to face significant challenges of a changing regulatory environment and a sluggish economy and this will require an even stronger dedication by our FC Banking team to meet these challenges, while remaining focused on our mission, goals and objectives. We continue to believe that these times can present opportunities for a well-run organization focused on a strategic objective and plan. We are very proud to report these positive results and continue to have a positive outlook on the future for FC Bank. We are also very encouraged by the continued success of our expanded mortgage lending division and the growth of our overall loan portfolio in the bank. These continue to be critical momentum builders in all aspects of our business and our financial performance"

Since 1907, Farmers Citizens Bank has had a tradition of being a locally owned bank and a tradition of proudly serving its customers. With offices in Bucyrus, Cardington, Fredericktown, Mount Hope (Opening 1st Quarter, 2013), Upper Arlington, Shiloh and Worthington, Farmers Citizens Bank is a wholly owned subsidiary of FC Banc Corp. and is member FDIC and an Equal Housing Lender.

FC Banc Corp. Announces 36.4-Percent Increase in Net Earnings for Six Months Ended June 30, 2012

Highlights Growth in Residential and Commercial Lending During Same Period

BUCYRUS, Ohio, July 17, 2012: The Board of Directors of Farmers Citizens Bank and FC Banc Corp. announced a 36.4-percent increase in net earnings for the six-month period ended June 30, 2012, compared with the same 2011 period. The Board also announced its 18th consecutive quarterly dividend. Other financial highlights include:

• Total assets increased to $354.5 million as of June 30, 2012. This represents a decrease of approximately $1.3 million over June 30, 2011.

• Total loans increased almost $43.4 million, or 23 percent over the same period in 2011, to $232.2 million as of June 30, 2012.

• Total deposits increased $9.6 million over the same period in 2011, to $311.6 million, an increase of 3.2 percent.

• Net income for the six months ended June 30, 2012, was $1,545,000, an increase of 36.5 percent compared with the same period of 2011. Net interest income increased $653,000, and noninterest income increased by $361,000. Non-interest expenses increased $783,000 over the same period in 2011.

• Provision for loan losses was $275,000 for the six months ended June 30, 2012, a decrease of $310,000 when compared to the same period in 2011. Key asset quality ratios remained very strong, and the allowance for loan loss reserve as a percentage of total loans stood at 1.40 percent.

The Board also announced its quarterly common stock cash dividend of 26 cents per share, and is payable on August 15, 2012 to shareholders of record as of August 1, 2012. The Board further announced its Preferred Stock Dividend of $5.25 per share payable on July 31, 2012 to shareholders of record on June 30, 2012.

"We are very proud of the continued success of the company and our results for the six months ended June 30, 2012," stated R. Duane Hord, Board Chairman. "In spite of a very weak economy, we remain focused on credit quality, shareholder value and the communities we serve."

Coleman J. Clougherty, President and CEO of Farmers Citizens Bank and President of FC Banc Corp, noted the favorable earnings and financial results were achieved during an economic and regulatory climate that presents significant challenges for banks both regionally and nationwide.

"Our positive financial performance is attributable to our dedicated team of directors, officers and employees who are committed to a strategic growth plan that is built upon a foundation of prudent banking practices and the highest quality customer service," Clougherty said. "We believe these challenging times present tremendous opportunities for well-run organizations such as ours. We will continue to focus on the critical momentum builders in all aspects of our business while remaining true to our community banking roots."

Additionally, Clougherty said, FC Bank is encouraged by its expanded mortgage lending division, which opened a new residential loan office in Dublin, Ohio, in June 2012 to better serve customers throughout Central Ohio, and the growth of its overall loan portfolio fueled by sound commercial lending practices.

Since 1907, Farmers Citizens Bank has had a tradition of being a locally owned bank and a tradition of proudly serving its customers. With offices in Bucyrus, Cardington, Fredericktown, Upper Arlington, Shiloh and Worthington, Farmers Citizens Bank is a wholly owned subsidiary of FC Banc Corp. and is member FDIC and an Equal Housing Lender.