COLUMBIA, Tenn.--(BUSINESS WIRE)--Dec 20, 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 $0.23 per share, which will be paid on January 17, 2023, to shareholders of record as of January 3, 2023.

About First Farmers and Merchants Corporation and First Farmers and Merchants Bank

First Farmers and Merchants Corporation is the holding company for First Farmers and Merchants Bank, a community bank serving the Middle Tennessee area through 22 offices in seven Middle Tennessee counties. As of September 30, 2022, First Farmers reported total assets of approximately $1.9 billion, total shareholders’ equity of approximately $85 million, and administered trust assets of $5.4 billion. For more information about First Farmers, visit us on the Web at www.myfirstfarmers.com under “Investor Relations.”

View source version on businesswire.com:https://www.businesswire.com/news/home/20221220005679/en/

CONTACT: Robert E. Krimmel

Chief Financial Officer

(931) 380-8257

KEYWORD: UNITED STATES NORTH AMERICA TENNESSEE

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: First Farmers and Merchants Corporation

Copyright Business Wire 2022.

PUB: 12/20/2022 06:00 PM/DISC: 12/20/2022 06:01 PM

http://www.businesswire.com/news/home/20221220005679/en