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First Farmers & Merchants Corp  (FIME)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 5
 Employees 226
 Revenues (TTM) (Millions $) 60
 Net Income (TTM) (Millions $) 10
 Cash Flow (TTM) (Millions $) 32
 Capital Exp. (TTM) (Millions $) 1

First Farmers & Merchants Corp

First Farmers and Merchants Corporation was incorporated on March 31, 1982 as a Tennessee corporation. The only direct subsidiary of the Company was First Farmers and Merchants Bank, a Tennessee state-chartered bank (the “Bank”). Management evaluates the financial condition of the Company in terms of the Bank’s operations within its service area in Middle Tennessee.


The operations of the Bank are significantly affected by prevailing economic conditions, competition and the monetary, fiscal and regulatory policies of governmental agencies. Lending activities are influenced by the general credit needs of small businesses in the Bank’s service area, competition among lenders, the level of interest rates and the availability of funds. The Bank’s loan portfolio is comprised of commercial, commercial and residential real estate, and retail installment loans, which primarily originate within the Bank’s service area. Deposits are the primary source of funds for the Bank. Such deposits consist of checking accounts, regular savings deposits, negotiable order of withdrawal accounts, money market accounts and market rate certificates of deposit. Deposits are solicited from individuals and businesses in the Bank’s service area, state and local entities and, to a lesser extent, United States government entities and other depository institutions. Deposit flows and costs of funds are influenced by prevailing market rates of interest, primarily on competing investments, account maturities and the levels of personal income and savings in the Bank’s service area. In addition to lending and deposit activities, the Bank maintains a trust department which provides fiduciary and investment management services for individual and commercial clients. Account types include personal trusts, endowments, individual retirement accounts, pensions and custody. All of the Company’s assets are located in the United States and all of its revenues generated from external customers originate within the United States.



 

First Farmers & Merchants's Segments
 
 
  Company Estimates  
  Revenue Outlook
First Farmers & Merchants does not provide revenue guidance.

Earnings Outlook
First Farmers & Merchants Corp does not provide earnings estimates.

 
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Customers recorded net loss Customers recorded net loss
• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


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