Articles from First Farmers and Merchants Corporation

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced its results for the first quarter of 2025.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, reported that shareholders elected a slate of nine directors and ratified the selection of Plante & Moran, PLLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.27 per share, which will be paid on April 16, 2025, to shareholders of record as of April 1, 2025. The dividend represents a 12.5% increase compared with the cash dividend paid during the same period last year.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Jill A. Giles was named Chief Financial Officer and Corporate Secretary of the Corporation, effective immediately. The positions were formerly held by Robert E. (“Bobby”) Krimmel who is leaving the bank to pursue another career opportunity.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced unaudited financial results for the fourth quarter and year ended December 31, 2024.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.27 per share, which will be paid on January 16, 2025, to shareholders of record as of January 2, 2025. The dividend represents a 12.5% increase compared with the cash dividend paid during the same period last year.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced growth in net income, net interest income, net interest margin and book value per share for the third quarter of 2024.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors increased its regular quarterly cash dividend by 12.5% to $0.27 per share from $0.24 per share. The new higher dividend rate will be paid on October 21, 2024, to shareholders of record as of October 7, 2024.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced its results for the second quarter of 2024.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the 100th cash dividend paid to shareholders. The Company’s regular quarterly cash dividend of $0.24 per share will be paid on July 22, 2024, to shareholders of record as of July 8, 2024. The dividend represents a 4.3% increase compared with the cash dividend paid during the same period last year.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Teresa Matthews has joined the bank as Secondary Mortgage Operations Manager.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced its results for the first quarter of 2024.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, reported that shareholders elected a slate of 10 directors and ratified the selection of Plante & Moran, PLLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.24 per share, which will be paid on April 15, 2024, to shareholders of record as of April 1, 2024. The dividend represents a 4.3% increase compared with the cash dividend paid during the same period last year.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced unaudited financial results for the fourth quarter and year ended December 31, 2023.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Jill A. Giles was named Chief Financial Officer of the Bank. The position was formerly held by Robert E. (“Bobby”) Krimmel who continues as Chief Financial Officer of the Corporation.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Rory A. Mallard was named to the newly created position as Chief Banking Officer. Mallard has served as Chief Commercial Banking Officer of First Farmers since 2021.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Robert E. (“Bobby”) Krimmel was named to the newly created position as Chief Administrative Officer in addition to continuing as the Chief Financial Officer of First Farmers and Merchants Corporation.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.24 per share, which will be paid on January 16, 2024, to shareholders of record as of January 2, 2024. The dividend represents a 4.3% increase compared with the cash dividend paid during the same period last year.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Jennifer J. McConnell has joined the bank as Chief Credit Officer.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced its results for the third quarter of 2023.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Ernest Anye, DIT, CISSP, has joined the bank as its Information Security Officer.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.24 per share, which will be paid on October 16, 2023, to shareholders of record as of October 2, 2023. The dividend represents a 4.3% increase compared with the cash dividend paid during the same period last year.

First Farmers and Merchants Bank, a Columbia, Tennessee-based bank wholly owned by First Farmers and Merchants Corporation (OTC Pink: FFMH), announced that it received the C.A.R.E. award from the Tennessee Area Council of Boys & Girls Clubs. The C.A.R.E., or Children are the Reason for Excellence, award recognizes an individual or business for their outstanding in-kind or direct support to their local Boys & Girls Club. First Farmers was chosen from many nominations from 22 Boys & Girls Club organizations with over 70 Clubs in Tennessee.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced double digit growth in net income for the second quarter of 2023, compared with 2022.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors increased its regular quarterly cash dividend by 4.3% to $0.24 per share from $0.23 per share. The new higher dividend rate will be paid on July 17, 2023, to shareholders of record as of July 3, 2023.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Joanna Matthews has joined the bank as a Senior Personal Trust Officer.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Joseph Patterson has joined the bank as a Commercial Relationship Manager.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced high-single-digit growth in net income and double-digit growth in adjusted net income for the first quarter of 2023 compared with 2022.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, reported that shareholders elected a slate of 10 directors and ratified the selection of Plante & Moran, PLLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.23 per share, which will be paid on April 17, 2023, to shareholders of record as of April 3, 2023. The dividend represents a 9.5% increase compared with the cash dividend paid during the same period last year.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced double digit growth in net income for 2022, compared with 2021.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.23 per share, which will be paid on January 17, 2023, to shareholders of record as of January 3, 2023.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Ms. Darcy Wagner has been promoted to Chief Compliance Officer and a member of the administration team, effective immediately.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced double digit growth in net income for the third quarter of 2022, compared with the prior year’s third quarter.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors increased its regular quarterly cash dividend by 9.5%, to $0.23 per share from $0.21 per share. The new higher dividend rate will be paid on October 14, 2022, to shareholders of record as of September 30, 2022.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced double digit growth in loans and adjusted net income for the second quarter of 2022, compared with 2021.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.21 per share, which will be paid on July 15, 2022, to shareholders of record as of July 1, 2022.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced double digit growth in net income for the first quarter of 2022, compared with 2021. The Company also reported record assets and deposits for the quarter ended March 31, 2022.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.21 per share, which will be paid on April 15, 2022, to shareholders of record as of April 1, 2022.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced double digit growth in net income and adjusted net income for 2021, compared with 2020. The Company also reported record assets and deposits for the year ended December 31, 2021.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.21 per share, which will be paid on January 14, 2022, to shareholders of record as of December 31, 2021.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced the planned retirement of T. Randy Stevens as Chairman and Chief Executive Officer of First Farmers and Merchants Bank. Stevens will continue as Chairman of the Board and CEO of First Farmers and Merchants Corporation. Brian K. Williams, the Bank’s President, will succeed Stevens as Chairman and CEO of the Bank. The changes are effective January 1, 2022.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Timothy E. Pettus will retire as Vice Chairman of the Bank on December 31, 2021, having served First Farmers in leadership positions over the past 19 years.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced growth in net interest income and net income for the third quarter ended September 30, 2021, compared with the prior year’s third quarter. The Company also reported record assets and deposits for the third quarter ended September 30, 2021.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.21 per share, which will be paid on October 15, 2021, to shareholders of record as of October 1, 2021.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced record net income for the second quarter ended June 30, 2021.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.21 per share, which will be paid on July 15, 2021, to shareholders of record as of July 1, 2021.

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced unaudited financial results for the quarter ending March 31, 2021.