Earnings wrap: Avenue, First Farmers

Mortgages power downtown lender’s fee income; better credit quality helps lift Columbia bank
Jul 24, 2015 2:36 PM

First Farmers names trust team leader

Longtime Regions exec makes move to $4B group
May 11, 2015 7:22 AM

Earnings wrap: Ryman, First Farmers

Opryland owner lifts guidance a bit; bank sees mortgage volumes growing
May 6, 2015 4:29 PM

First Farmers finds new CFO

Exec making move from public Georgia lender
May 1, 2015 1:18 PM

First Farmers adds four in Green Hills, Franklin

Former Renasant SVP, new mortgage leader come on board
Apr 15, 2015 2:44 PM

Earnings wrap: Clarcor, First Farmers

Manufacturer sees margins rising this year, bank benefits from expense cuts
Mar 20, 2015 1:14 PM

First Farmers director will not stand for re-election

First Farmers & Merchants Corp. board member Kim Vella has told the company she will not stand for re-election this spring. Vella, a former chief people officer of Tractor Supply, had been on the board since 2012. In a filing with regulators, First Farmers said her decision to stand down is for personal reasons and doesn't reflect any issues with the bank.

Feb 25, 2015 8:43 AM

First Farmers '12-'13 restatements boost bottom line by $1.5M

Bank's managers formally admit to material weakness in internal controls
Feb 12, 2015 7:08 AM

First Farmers fires CFO

Exit comes after $1.1B bank company said it will restate earnings
Jan 28, 2015 2:30 PM

First Farmers to restate earnings

The leaders of local bank holding company First Farmers & Merchants Corp. say they will soon file corrected financial statements for 2012 and 2013 after discovering errors in how they accounted for their post-retirement health care plan in those years. The mistakes with the defined-benefit plan — which covers employees who retired before mid-20007 — came to light in preparing the company's 2014 numbers and, in a filing with the SEC, First Farmers execs say they've brought accounting firm BKD into the loop.

Columbia-based First Farmers has $1.1 billion in assets and posted a profit of $7.6 million through the first nine months of last year. The company runs 19 offices in eight area counties.

Jan 19, 2015 12:55 PM