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First Farmers and Merchants Corporation operates as the bank holding company for First Farmers and Merchants Bank that provides various banking products and services in Tennessee. The company's deposit products include checking accounts, regular savings deposits, negotiable order of withdrawal accounts, money market accounts, and market rate certificates of deposit. Its loan portfolio comprises commercial, commercial and residential real estate, and retail installment loans.

The mission of the company is to become a leader in providing distinctive services and products that meet the financial needs and goals of customers in each of its communities.

TypePublic
Founded1909
HQColumbia, US
Websitemyfirstfarmers.com

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Latest Updates

Employees (est.) (Apr 2017)323
Revenue (FY, 2015)$50.1 M(+103300%)
Share Price (Sept 2020)$27.5
Cybersecurity ratingBMore

Key People/Management at First Farmers & Merchants Bank

T. Randy Stevens

T. Randy Stevens

Chairman of the Board and Chief Executive Officer
Jonathan M. Edwards

Jonathan M. Edwards

President and CEO, Edwards Oil Company
H. Alan Watson

H. Alan Watson

CEO, Maury Regional Health System
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First Farmers & Merchants Bank Office Locations

First Farmers & Merchants Bank has an office in Columbia
Columbia, US (HQ)
816 S Garden St
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First Farmers & Merchants Bank Financials and Metrics

First Farmers & Merchants Bank Revenue

First Farmers & Merchants Bank's revenue was reported to be $50.13 m in FY, 2015
USD

Revenue (FY, 2015)

50.1m

Gross profit (FY, 2015)

47.9m

Gross profit margin (FY, 2015), %

95.6%

EBIT (FY, 2015)

36.5m

Market capitalization (17-Sept-2020)

121.8m

Closing stock price (17-Sept-2020)

27.5

Cash (31-Dec-2015)

62.2m
First Farmers & Merchants Bank's current market capitalization is $121.8 m.
USDFY, 2013FY, 2015

Revenue

48.5k50.1m

Cost of goods sold

2.9k2.2m

Gross profit

45.6k47.9m

Gross profit Margin, %

94%96%
USDFY, 2013FY, 2014FY, 2015

Cash

55.4k30.3m62.2m

Goodwill

9.0k9.0m9.0m

Total Assets

1.1m1.2b1.3b

Retained Earnings

61.4k67.6m71.6m
USDFY, 2014

Cash From Operating Activities

12.2m

Cash From Investing Activities

(97.8m)

Cash From Financing Activities

60.6m

Income Taxes Paid

3.1m
USDFY, 2013

Financial Leverage

10.7 x
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First Farmers & Merchants Bank Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

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First Farmers & Merchants Bank Online and Social Media Presence

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First Farmers & Merchants Bank Blogs

First Farmers and Merchants Bank Promotes Four Key Leaders

COLUMBIA, Tenn. (Feb. 10, 2020)—First Farmers and Merchants Bank—a community bank serving Middle Tennessee with 22 banking locations in seven counties—has promoted four long-term leaders. Collectively the four have more than 70 years of experience with First Farmers. “We are honored to elevate the r…

FIRST FARMERS AND MERCHANTS CORPORATION REPORTS RECORD 2019 NET INCOME OF $16.1 MILLION OR $3.62 PER COMMON SHARE

COLUMBIA, Tenn. (January 27, 2020) – 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 and year ending December 31, 2019. Key highlights of First Farmers’ results for 2019 in…

Columbia Attorney Selected for Leadership Program

PRESS RELEASE From the Tennessee Bar Association COLUMBIA, December 20, 2019— Columbia attorney Sam Wantland of First Farmers and Merchants Bank has been selected to participate in the Tennessee Bar Association’s 2020 Leadership Law program. Now in its seventeenth year, the Leadership Law program is…

SHAREHOLDER REPORT FALL 2019

The post SHAREHOLDER REPORT FALL 2019 appeared first on My First Farmers.

FIRST FARMERS AND MERCHANTS CORPORATION REPORTS THIRD QUARTER NET INCOME OF $3.9 MILLION OR $0.88 PER COMMON SHARE

COLUMBIA, Tenn. (October 28, 2019) – First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced unaudited financial results for the third quarter ended September 30, 2019. Key highlights of First Farmers’ results for the third …

FIRST FARMERS AND MERCHANTS CORPORATION DECLARES QUARTERLY CASH DIVIDEND OF $0.21 PER SHARE

COLUMBIA, Tenn. (September 17, 2019) – First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of...
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First Farmers & Merchants Bank Frequently Asked Questions

  • When was First Farmers & Merchants Bank founded?

    First Farmers & Merchants Bank was founded in 1909.

  • Who are First Farmers & Merchants Bank key executives?

    First Farmers & Merchants Bank's key executives are T. Randy Stevens, Jonathan M. Edwards and H. Alan Watson.

  • How many employees does First Farmers & Merchants Bank have?

    First Farmers & Merchants Bank has 323 employees.

  • What is First Farmers & Merchants Bank revenue?

    Latest First Farmers & Merchants Bank annual revenue is $50.1 m.

  • What is First Farmers & Merchants Bank revenue per employee?

    Latest First Farmers & Merchants Bank revenue per employee is $155.2 k.

  • Who are First Farmers & Merchants Bank competitors?

    Competitors of First Farmers & Merchants Bank include Axos Financial, Florida Community Bank and Great Southern Bancorp.

  • Where is First Farmers & Merchants Bank headquarters?

    First Farmers & Merchants Bank headquarters is located at 816 S Garden St, Columbia.

  • Where are First Farmers & Merchants Bank offices?

    First Farmers & Merchants Bank has an office in Columbia.

  • How many offices does First Farmers & Merchants Bank have?

    First Farmers & Merchants Bank has 1 office.