Business Wire | Dec 21, 2021 05:00PM EST

First Farmers and Merchants Corporation Declares Quarterly Cash Dividend of $0.21 Per Share

Dec. 21, 2021

COLUMBIA, Tenn.--(BUSINESS WIRE)--Dec. 21, 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.

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, 2021, First Farmers reported total assets of approximately $1.9 billion, total shareholders' equity of approximately $161 million, and administered trust assets of $6.2 billion. For more information about First Farmers, visit us on the Web at www.myfirstfarmers.com under "Investor Relations."

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CONTACT: Robert E. Krimmel Chief Financial Officer (931) 380-8257