COLUMBIA, Tenn.–(BUSINESS WIRE)–First Farmers and Merchants Corporation (OTCID: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has approved a 7.4% increase in the regular quarterly cash dividend, raising it to $0.29 per share from the previous $0.27 per share. The new higher dividend rate will be paid on October 21, 2025, to shareholders of record as of October 7, 2025.
“We are pleased to announce a 7.4% increase in our cash dividend per share,” stated Brian K. Williams, Chairman and Chief Executive Officer of First Farmers. “This increase reflects our strong financial foundation and our confidence in the trajectory of our company. It underscores our ongoing commitment to building long-term shareholder value for First Farmers’ shareholders.”
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 June 30, 2025, First Farmers reported total assets of approximately $1.7 billion, total shareholders’ equity of approximately $156 million, and administered trust assets of $6.3 billion. For more information about First Farmers, visit us on the Web at www.myfirstfarmers.com under “Investor Relations.”
Contacts
For additional information contact
Jill A. Giles
Chief Financial Officer
(931) 380-8284
