Columbia, Tennessee – June 1, 2026 – First Farmers and Merchants Corporation (OTCID: FFMH), (the “Company”), is pleased to announce the election of Jeffrey R. Ballard to both the Company and First Farmers and Merchants Bank Boards of Directors.
Ballard serves as President and Chief Executive Officer of Delta Dental of Tennessee where he brings decades of executive leadership experience guiding large, complex organizations through growth, innovation, and strategic transformation. His expertise in governance, organizational leadership, and long‑term strategic planning will provide valuable insight and perspective as First Farmers continues to advance its mission as a strong, independent community bank.
In his role as a Board member, Ballard will support the governance of First Farmers with his deep understanding of executive decision‑making, financial management, and strategic execution, strengthening the Board’s collective ability to guide the bank’s future growth while remaining grounded in community values.
“Jeff’s election reflects our commitment to maintain a Board composed of talented, strategic leaders who bring proven expertise to the table,” said Brian Williams, Chairman and Chief Executive Officer of First Farmers. “As we look ahead, having experienced professionals like Jeff helping guide our strategic direction is critical. His insight, leadership perspective, and business acumen will be tremendous assets as we continue to grow and serve our communities.”
Ballard said he was drawn to First Farmers because of the bank’s strong leadership, clear sense of purpose, and commitment to serving customers and communities with integrity.
“First Farmers & Merchants Bank has built something special: a true community institution grounded in relationships and a genuine commitment to the people it serves. I’ve spent my career building and leading businesses here in Middle Tennessee, and I know firsthand how much a trusted banking partner means to a growing community. I look forward to bringing that perspective to the board and supporting the important work this bank does every day.”
Ballard’s addition further strengthens First Farmers’ Board of Directors, reinforcing the bank’s dedication to strong governance, strategic leadership, and sustainable growth for generations to come.
About First Farmers and Merchants Corporation and First Farmers and Merchants Bank
First Farmers and Merchants Corporation is the holding company for First Farmers and Merchants Bank, a community bank serving the Tennessee area through 22 locations in seven counties and one production office in Chattanooga. As of March 31, 2026, First Farmers reported total assets of approximately $1.8 billion, total shareholders’ equity of approximately $174 million, and administered trust assets of $6.8 billion. For more information about First Farmers, visit us on the Web at www.myfirstfarmers.com under “Investor Relations.”
