First Farmers and Merchants Corporation Holds Annual Meeting of Shareholders
Shareholders Elect Ten Directors
In comments made at the annual meeting of shareholders,
“We are positive about First Farmers’ future. Over the past year, we improved capital levels that reinforced our balance sheet. We better aligned the balance sheet composition to capture earnings improvement as we see the end of interest rate increases from the
“We are also pleased to announce the addition of Dr.
Shareholders also re-elected nine incumbent Directors of
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Jeffrey L. Aiken , Deputy Commissioner,Tennessee Department of Agriculture -
Jonathan M. Edwards , President and CEO,Edwards Oil Company -
Christa S. Martin , Executive Director of Belonging and Student Resources atColumbia State Community College -
W. Eric Mayberry , President,Tennessee Farm Bureau Federation -
E. Marlee Mitchell , Partner,Holland & Knight LLP -
Jeffrey L. Pannell , CEO,Tennessee Farmers Insurance Companies -
Richard C. Perko , President and CEO,Lee Company -
Brian K. Williams , Chairman and CEO of the Company -
Gina B. Wolfe , Co-Owner,Wolfe Enterprises
About
Cautionary Note Regarding Forward-Looking Statements
This news release may contain certain “forward-looking statements” that represent First Farmers’ expectations or beliefs concerning future events and often use words or phrases such as “opportunities,” “prospects,” “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project,” “intends” or similar expressions. Such forward-looking statements contained herein represent the current expectations, plans or forecast of First Farmers’ and are about matters that are inherently subject to risks and uncertainties. These statements are not guarantees of future results or performance and readers are cautioned to not place undue reliance on them, whether included in this news release or made elsewhere from time to time by First Farmers or on its behalf. First Farmers disclaims any obligation to update such forward-looking statements.
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Chief Financial Officer
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