Posted 9/21/22

First Farmers and Merchants Corporation today announced that its Board of Directors increased its regular quarterly cash dividend by 9.5%, to $0.23 per share from $0.21 per share.

The new higher dividend rate will be paid on October 14, 2022, to shareholders of record as of September 30, 2022.

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.