Welcome to our dedicated page for First Farmers news (Ticker: FFMH), a resource for investors and traders seeking the latest updates and insights on First Farmers stock.
First Farmers & Merchants Corporation (FFMH) provides investors and stakeholders with essential updates through this centralized news hub. Track the Tennessee-based community bank’s latest developments including earnings announcements, leadership updates, product launches, and community initiatives.
This resource offers timely access to press releases and financial disclosures critical for evaluating FFMH’s market position. Users will find updates on deposit services, agricultural lending programs, and risk management strategies that reflect the bank’s commitment to community-focused financial solutions.
Key content categories include quarterly financial results, regulatory filings, branch expansions, and community reinvestment efforts. Each update is curated to support informed decision-making while maintaining compliance with financial disclosure standards.
Bookmark this page for streamlined access to First Farmers’ official communications. Combine these updates with Stock Titan’s analytical tools to monitor the bank’s performance within the regional financial sector.
First Farmers and Merchants Corporation (OTC Pink: FFMH) announced its quarterly cash dividend of $0.21 per share, payable on January 14, 2022, to shareholders on record as of December 31, 2021. As of September 30, 2021, the company reported total assets of approximately $1.9 billion, total shareholders’ equity of about $161 million, and trust assets exceeding $6.2 billion.
First Farmers and Merchants Corporation (OTC Pink: FFMH) has announced that Brian K. Williams, currently the Bank’s President, will succeed T. Randy Stevens as Chairman and CEO, effective January 1, 2022. Stevens will remain as Chairman of the Board and CEO of the Corporation. Under Stevens’ leadership, the bank’s assets grew from
First Farmers and Merchants Corporation (OTC Pink: FFMH) announced the retirement of Tim Pettus as Vice Chairman of First Farmers and Merchants Bank, effective December 31, 2021. Pettus has been with the company for 19 years, previously serving as President and contributing to significant growth and market expansion. He will remain Vice Chairman of the Company until the annual meeting in April 2022. Under his leadership, the Bank strengthened its market position and was recognized for building a strong sales culture.
First Farmers and Merchants Corporation (OTC Pink: FFMH) reported a 10.6% increase in net income for Q3 2021, reaching $4.1 million. Adjusted net income rose 6.9% to $3.9 million, while net interest income grew 6.1% to $11.6 million. The company achieved record assets of $1.9 billion and deposits of $1.7 billion. Although net income dropped 25.7% from Q2 2021 due to a one-time gain last quarter, strong loan growth (excluding PPP loans) of 2.7% was noted. Stock repurchases increased 87.9% to 20,477 shares during the quarter.
First Farmers and Merchants Corporation (OTC Pink: FFMH) has declared a quarterly cash dividend of $0.21 per share, set to be paid on October 15, 2021, to shareholders of record as of October 1, 2021. The company reported total assets of approximately $1.9 billion and total shareholders’ equity of around $162 million as of June 30, 2021. First Farmers operates a community bank with 22 offices across seven counties in Middle Tennessee.
First Farmers and Merchants Corporation (OTC Pink: FFMH) reported record net income of $5.5 million for Q2 2021, a 36.3% increase from $4.0 million in Q2 2020. Earnings per share rose 37.0% to $1.26. Adjusted net income also increased by 13.7% to $3.9 million. Notably, a one-time gain of $1.3 million was recorded from the sale of Visa Class B stock. Total deposits increased by 5.5% to $1.7 billion. The company experienced loan growth of 2% this quarter, highlighting a positive trend in banking and credit metrics.
First Farmers and Merchants Corporation (OTC Pink: FFMH) has declared a quarterly cash dividend of $0.21 per share, payable on July 15, 2021, to shareholders on record as of July 1, 2021. As of March 31, 2021, the company reported total assets of approximately $1.9 billion and total shareholders’ equity of about $152 million. First Farmers operates 22 community bank offices across seven counties in Middle Tennessee, furthering its commitment to serve the region effectively.
First Farmers and Merchants Corporation (OTC Pink: FFMH) reported unaudited financial results for Q1 2021, highlighting a net income of $3.0 million, down 6% year-over-year. Adjusted net income rose 12% to $2.9 million. Mortgage banking revenue surged 66% to $468,000, contributing to record total assets of $1.9 billion and deposits of $1.7 billion. However, elevated employee benefits and technology expenses impacted earnings. Nonperforming assets improved to 0.08% of total assets. The company also repurchased 930 shares, with ongoing buyback authorization for 199,000 shares.
First Farmers and Merchants Corporation (OTC Pink: FFMH) has announced a quarterly cash dividend of $0.21 per share, payable on April 15, 2021, to shareholders of record as of April 1, 2021. The bank, serving the Middle Tennessee area, reported total assets of approximately $1.8 billion and total shareholders’ equity of about $160 million as of December 31, 2020. This dividend reflects the company's ongoing commitment to return value to its shareholders.
First Farmers and Merchants Corporation (OTC Pink: FFMH) reported unaudited financial results for 2020, revealing a net income of $14.2 million, a 12% decline from the previous year. Adjusted net income fell to $13.0 million, down 7%. Total assets reached a record $1.8 billion, with deposits also hitting an all-time high of $1.6 billion. Mortgage banking revenue increased by 22%, while net interest income improved slightly. Despite challenges from the COVID-19 pandemic, asset quality remained strong with low nonperforming assets.
