\n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \nChange<\/i><\/p><\/td> | \n\u00a0<\/p><\/td> | \n% Change<\/i><\/p><\/td> | \n\u00a0<\/p><\/td> | \nChange<\/i><\/p><\/td> | \n\u00a0<\/p><\/td> | \n% Change<\/i><\/p><\/td><\/tr>\n\n\nInterest income<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n18,028<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n17,569<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n16,598<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n459<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2.6%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1,430<\/p><\/td> | \n\u00a0<\/p><\/td> | \n8.6%<\/p><\/td><\/tr>\n | \n\nInterest expense<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2,778<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2,799<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3,529<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(21)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.8%)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(751)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(21.3%)<\/p><\/td><\/tr>\n | \n\nNet interest income<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n15,250<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n14,770<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n13,069<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n480<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3.2%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n2,181<\/p><\/td> | \n\u00a0<\/p><\/td> | \n16.7%<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nNet interest income, FTE<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n15,388<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n14,916<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n13,201<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n472<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3.2%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n2,187<\/p><\/td> | \n\u00a0<\/p><\/td> | \n16.6%<\/p><\/td><\/tr>\n | \n\nNet interest margin<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3.61%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3.54%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3.14%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n+7 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n+47 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nProvision for credit losses<\/p><\/td> | \n$<\/p><\/td> | \n120<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n60<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n60<\/p><\/td> | \n\u00a0<\/p><\/td> | \n100.0%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n120<\/p><\/td> | \n\u00a0<\/p><\/td> | \nNM<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nTotal non-interest income<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n3,793<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n3,297<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n3,655<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n496<\/p><\/td> | \n\u00a0<\/p><\/td> | \n15.0%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n138<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3.8%<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nTotal non-interest expense<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n11,857<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n11,251<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n11,045<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n606<\/p><\/td> | \n\u00a0<\/p><\/td> | \n5.4%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n812<\/p><\/td> | \n\u00a0<\/p><\/td> | \n7.4%<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nNet income for common shareholders<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n5,682<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n5,462<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n4,625<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n220<\/p><\/td> | \n\u00a0<\/p><\/td> | \n4.0%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1,057<\/p><\/td> | \n\u00a0<\/p><\/td> | \n22.9%<\/p><\/td><\/tr>\n | \n\nWeighted average shares outstanding - basic<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3,955,554<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3,972,154<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n4,013,067<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(16,600)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.4%)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(57,513)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(1.4%)<\/p><\/td><\/tr>\n | \n\nWeighted average shares outstanding \u2013 diluted<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3,961,442<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3,978,224<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n4,020,755<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(16,782)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.4%)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(59,313)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(1.5%)<\/p><\/td><\/tr>\n | \n\nBasic earnings per share<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.44<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.38<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.15<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n0.06<\/p><\/td> | \n\u00a0<\/p><\/td> | \n4.3%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n0.29<\/p><\/td> | \n\u00a0<\/p><\/td> | \n25.2%<\/p><\/td><\/tr>\n | \n\nDiluted earnings per share<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.43<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.37<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.15<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n0.06<\/p><\/td> | \n\u00a0<\/p><\/td> | \n4.4%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n0.28<\/p><\/td> | \n\u00a0<\/p><\/td> | \n24.3%<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nAdjusted net income(1)<\/sup><\/p><\/td>\n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n5,448<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n5,482<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n4,376<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n(34)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.6%)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1,072<\/p><\/td> | \n\u00a0<\/p><\/td> | \n24.5%<\/p><\/td><\/tr>\n | \n\nAdjusted basic earnings per share(1)<\/sup><\/p><\/td>\n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.38<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.39<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.09<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n(0.01)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.7%)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n0.29<\/p><\/td> | \n\u00a0<\/p><\/td> | \n26.6%<\/p><\/td><\/tr>\n | \n\nAdjusted diluted earnings per share(1)<\/sup><\/p><\/td>\n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.37<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.38<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.09<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n(0.01)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.7%)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n0.28<\/p><\/td> | \n\u00a0<\/p><\/td> | \n25.7%<\/p><\/td><\/tr>\n | \n\n(1)<\/sup> See Non-GAAP Financial Measures<\/i><\/p><\/td><\/tr>\n\n\nNM -Not meaningful<\/i><\/p><\/td><\/tr>\n\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \u00a0<\/td>\n<\/tr>\n<\/table> \nNet income for the second quarter of 2026 increased by $1.0 million, or 22.9%, compared to the same quarter of 2025. The increase was primarily driven by growth in net interest income, partially offset by higher provision for credit losses expense and increased non-interest expense. Net interest income benefited from growth in average earning assets of $20.0 million, along with increases in investment yields of 43 basis points and loan yields of 17 basis points. In addition, continued repricing of higher-cost deposits and disciplined management of funding costs reduced deposit interest expense. The Company's net interest margin expanded for the tenth consecutive quarter, increasing 47 basis points from the prior year period. This improvement was primarily attributable to higher yields on loans and investment securities, combined with continued easing of deposit cost pressures.<\/p> \nTotal non-interest expense increased $812,000, or 7.4%, from the second quarter of 2025, primarily due to a $493,000 increase in salaries and employee benefits expense and a $192,000 increase in software support and technology-related expenses. Non-interest income increased $138,000, driven primarily by record wealth management and trust services performance, with related revenue increasing $141,000 from the year-earlier quarter.<\/p> \nCompared to the first quarter of 2026, net income increased $220,000, or 4.0%. The improvement was driven by higher net interest income and non-interest income, partially offset by increased non-interest expense. Net interest income increased from the sequential first quarter as earning asset yields expanded by 6 basis points. Non-interest income increased $496,000, primarily reflecting a one-time gain on equity securities of $116,000 and a one-time gain on the sale of premises and equipment of $226,000. Non-interest expense increased from the first quarter of 2026, primarily due to a $507,000 increase in salaries and employee benefits expense and a $99,000 increase in software support and other technology-related expenses.<\/p> \nBalance Sheet Trends<\/b><\/p>\n\n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \nFor the three months ended<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n($ in thousands)<\/i><\/p><\/td> | \n\u00a0<\/p><\/td> | \n6\/30\/2026<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3\/31\/2026<\/p><\/td> | \n\u00a0<\/p><\/td> | \n6\/30\/2025<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2Q26 vs. 1Q26<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2Q26 vs. 2Q25<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \nChange<\/i><\/p><\/td> | \n\u00a0<\/p><\/td> | \n% Change<\/i><\/p><\/td> | \n\u00a0<\/p><\/td> | \nChange<\/i><\/p><\/td> | \n% Change<\/i><\/p><\/td><\/tr>\n\n\nTotal assets<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1,765,024<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1,796,452<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1,745,297<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n(31,428)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(1.7%)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n19,374<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1.1%<\/p><\/td><\/tr>\n | \n\nTotal liabilities<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,587,158<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,622,725<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,589,216<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(35,567)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(2.2%)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(2,058)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.1%)<\/p><\/td><\/tr>\n | \n\nTotal shareholders' equity<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n177,866<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n173,727<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n156,081<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n4,139<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2.4%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n21,785<\/p><\/td> | \n\u00a0<\/p><\/td> | \n14.0%<\/p><\/td><\/tr>\n | \n\nSecurities<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n581,799<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n603,287<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n589,905<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(21,508)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(3.6%)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(8,126)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(1.4%)<\/p><\/td><\/tr>\n | \n\nLoans, net of deferred fees<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,036,817<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,012,674<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,004,340<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n24,143<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2.4%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n32,477<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3.2%<\/p><\/td><\/tr>\n | \n\nDeposits<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,565,049<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,601,309<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,566,383<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(36,260)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(2.3%)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(1,334)<\/p><\/td> | \n\u00a0<\/p><\/td> | (0.1%)<\/p><\/td><\/tr>\n | \n\nBorrowings<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0.0%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0.0%<\/p><\/td><\/tr>\n | \n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \u00a0<\/td>\n<\/tr>\n<\/table> \nInvestment securities decreased by $21.5 million from the sequential first quarter of 2026 to $581.8 million, representing 33.0% of total assets. Compared to the second quarter of 2025, investment securities declined $8.1 million from $589.9 million, or 33.6% of total assets. Outstanding loan balances increased $24.1 million during the quarter to $1.037 billion, reflecting a strong annualized growth rate of 9.5%. Compared to the second quarter of 2025, loans grew $32.5 million, or 3.2%. The Company achieved strong loan growth during the quarter and remains encouraged by its lending pipeline, positioning it well for continued growth in future periods.<\/p> \nTotal deposits decreased $36.3 million, or 2.3%, from the sequential first quarter to $1.565 billion and decreased $1.3 million, or 0.1%, from the second quarter of 2025. The decrease in deposits compared to the sequential quarter represented typical seasonality with municipal deposits declining to $9.0 million and interest-bearing core deposit balances decreasing $20.1 million. The decrease in total deposits of $1.3 million compared to the second quarter of 2025 was driven by a decrease in brokered deposits of $22.2 million and surge deposits of $21.7 million, offset in part by increases of $17.7 million in core deposits, $8.1 million in municipal deposits, and $16.6 million in other commercial deposits.<\/p> \nThe Company had no outstanding borrowings as of June 30, 2026, March 31, 2026, and June 30, 2025, respectively. The stability of the Company\u2019s core deposits reduced its dependency on non-core funding during the second quarter of 2026, first quarter of 2026, and second quarter of 2025.<\/p> \nFor the second quarter of 2026, total shareholders\u2019 equity increased by $4.1 million from the sequential first quarter to $177.9 million and grew $21.8 million from the second quarter of 2025. The increase in total shareholders\u2019 equity from the first quarter of 2026 was primarily driven by net income of $5.7 million, offset in part by dividends paid of $1.1 million and stock repurchases of $509,000. The AOCI headwind continues to lessen as the bank successfully amortizes seasoned fixed income investments while reinvesting at higher current market yields, resulting in a minimal unrealized loss adjustment of just $160,000, net of tax, for the second quarter. <\/i>The book value per share improved 2.6% from the sequential first quarter to $45.00 and increased 15.3% compared to the second quarter of 2025, reflecting the tangible shareholder value created by the Company\u2019s disciplined balance sheet strategy.<\/p> \nAsset Quality<\/b><\/p>\n\n\n\u00a0<\/p><\/td> | \nFor the three months ended<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n($ in thousands)<\/i><\/p><\/td> | \n6\/30\/2026<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3\/31\/2026<\/p><\/td> | \n\u00a0<\/p><\/td> | \n6\/30\/2025<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2Q26 vs. 1Q26<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2Q26 vs. 2Q25<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \nChange<\/i><\/p><\/td> | \n\u00a0<\/p><\/td> | \n% Change<\/i><\/p><\/td> | \n\u00a0<\/p><\/td> | \nChange<\/i><\/p><\/td> | \n\u00a0<\/p><\/td> | \n% Change<\/i><\/p><\/td><\/tr>\n\n\nAllowance for credit losses to total loans<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0.79%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0.79%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0.82%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-3 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nProvision for credit losses<\/p><\/td> | \n$<\/p><\/td> | \n120<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n60<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n60<\/p><\/td> | \n\u00a0<\/p><\/td> | \n100.0%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n120<\/p><\/td> | \n\u00a0<\/p><\/td> | \nNM<\/p><\/td><\/tr>\n | \n\nNet charge-offs to average loans, annualized<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0.01%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0.01%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0.00%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n+1 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nTotal non-performing loans to total loans<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0.12%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0.13%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0.13%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-1 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-1 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nTotal non-performing loans<\/p><\/td> | \n$<\/p><\/td> | \n1,271<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1,332<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1,281<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n(61)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(4.6%)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n(10)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.78%)<\/p><\/td><\/tr>\n | \n\nTotal non-performing assets<\/p><\/td> | \n$<\/p><\/td> | \n1,441<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1,527<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1,319<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n(86)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(5.6%)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n122<\/p><\/td> | \n\u00a0<\/p><\/td> | \n9.2%<\/p><\/td><\/tr>\n | \n\nNM \u2013 Not meaningful<\/i><\/p><\/td><\/tr>\n<\/table> \nThe Company\u2019s asset quality metrics remained strong and stable during the quarter, reflecting a continued prudent approach to credit risk management in the current economic environment, and compare favorably to peer group averages. Non-performing loans were $1.3 million, or 0.12% of total loans, flat from $1.3 million, or 0.13% of total loans, from the sequential first quarter of 2026 and $1.3 million, or 0.13% of total loans, from the second quarter of 2025. Net charge-offs to average loans were 0.01% for the second quarter of 2026 compared with net charge-offs to average loans of 0.01% for the sequential quarter and net charge-offs of 0.00% for the second quarter of 2025. Provision for credit losses expense of $120,000 was recorded to the allowance for credit losses for loans during the second quarter of 2026, which was primarily driven by balance sheet loan growth. The allowance for credit losses represented 0.79% of total loans outstanding for the second quarter of 2026 compared with 0.79% for the sequential first quarter and 0.82% for the second quarter of 2025. The allowance for credit losses for unfunded commitments remained at $725,000, or 0.26% of total unfunded commitments, for the second quarter of 2026 compared with 0.25% for the sequential first quarter of 2026 and increased from $545,000, or 0.23% of total unfunded commitments, for the second quarter of 2025. The Company recorded no provision for credit losses expense for the allowance for credit losses for unfunded commitments in the second quarter of 2026.<\/p> \nCapital Management Initiatives<\/b><\/p>\n\n| \n | \nFor the three months ended<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n($ in thousands, except per share data)<\/i><\/p><\/td> | \n6\/30\/2026<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3\/31\/2026<\/p><\/td> | \n\u00a0<\/p><\/td> | \n6\/30\/2025<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2Q26 vs. 1Q26<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2Q26 vs. 2Q25<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \nChange<\/i><\/p><\/td> | \n\u00a0<\/p><\/td> | \n% Change<\/i><\/p><\/td> | \n\u00a0<\/p><\/td> | \nChange<\/i><\/p><\/td> | \n\u00a0<\/p><\/td> | \n% Change<\/i><\/p><\/td><\/tr>\n\n\nTangible common stockholders' equity to tangible assets<\/p><\/td> | \n\u00a0<\/p><\/td> | \n9.61%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n9.21%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n8.46%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n+40 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n+115 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nLeverage capital ratio<\/p><\/td> | \n\u00a0<\/p><\/td> | \n11.19%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n10.97%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n10.54%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n+22 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n+65 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nTier 1 capital ratio<\/p><\/td> | \n\u00a0<\/p><\/td> | \n17.56%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n17.59%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n17.02%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-3 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n+54 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nTotal Risk-based capital ratio<\/p><\/td> | \n\u00a0<\/p><\/td> | \n18.33%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n18.36%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n17.80%<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-3 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n+53 bps<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nTotal shares repurchased<\/p><\/td> | \n\u00a0<\/p><\/td> | \n10,246<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n14,299<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n25,000<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(4,053)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(28.3%)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(14,754)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(59.0%)<\/p><\/td><\/tr>\n | \n\nAverage repurchase price per share<\/p><\/td> | \n$<\/p><\/td> | \n49.64<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n49.81<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n38.80<\/p><\/td> | \n\u00a0<\/p><\/td> | \n($<\/p><\/td> | \n0.17)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.3%)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n10.84<\/p><\/td> | \n\u00a0<\/p><\/td> | \n27.9%<\/p><\/td><\/tr>\n<\/table> \nFirst Farmers\u2019 capital ratios remained very strong during the quarter, well above regulatory minimums. With Tier 1 capital of 17.6% and a Total Risk-based capital ratio of 18.3%, the Company maintains exceptional flexibility to fund ongoing strategic growth initiatives while simultaneously returning value to shareholders through cash dividends and our stock repurchase program. <\/i>During the second quarter of 2026, First Farmers repurchased 10,246 shares of the Company\u2019s common stock in the open market and in privately negotiated transactions at an average price of $49.64 with prices ranging from $48.00 to $54.50 per share in accordance with the Company\u2019s stock repurchase program. Second quarter 2026 stock repurchases decreased 28.3% compared to the sequential first quarter of 2026 and were down 59.0% compared to the year-earlier quarter. Authorization to repurchase approximately 175,455 shares remains under the current program, which is set to expire in December 2026, unless extended or otherwise completed.<\/p> \nSix Months Results<\/b><\/p>\n\n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \nFor the six months ended<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n($ in thousands, except per share data)<\/i><\/p><\/td> | \n\u00a0<\/p><\/td> | \n6\/30\/2026<\/p><\/td> | \n\u00a0<\/p><\/td> | \n6\/30\/2025<\/p><\/td> | \n\u00a0<\/p><\/td> | \nYTD 2026 vs. YTD 2025<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \nChange<\/i><\/p><\/td> | \n\u00a0<\/p><\/td> | \n% Change<\/i><\/p><\/td><\/tr>\n\n\nNet interest income<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n30,020<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n25,701<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n4,319<\/p><\/td> | \n\u00a0<\/p><\/td> | \n16.8%<\/p><\/td><\/tr>\n | \n\nProvision for credit losses<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n180<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n325<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(145)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(44.6%)<\/p><\/td><\/tr>\n | \n\nNon-interest income<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n7,090<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n7,137<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(47)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.7%)<\/p><\/td><\/tr>\n | \n\nNon-interest expense<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n23,108<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n21,485<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,623<\/p><\/td> | \n\u00a0<\/p><\/td> | \n7.6%<\/p><\/td><\/tr>\n | \n\nNet income<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n11,144<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n9,086<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2,058<\/p><\/td> | \n\u00a0<\/p><\/td> | \n22.7%<\/p><\/td><\/tr>\n | \n\nBasic earnings per share<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2.81<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2.26<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0.55<\/p><\/td> | \n\u00a0<\/p><\/td> | \n24.4%<\/p><\/td><\/tr>\n | \n\nAdjusted net income(1)<\/sup><\/p><\/td>\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n10,930<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n8,550<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2,380<\/p><\/td> | \n\u00a0<\/p><\/td> | \n27.8%<\/p><\/td><\/tr>\n | \n\nAdjusted basic earnings per share(1)<\/sup><\/p><\/td>\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2.76<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2.13<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0.63<\/p><\/td> | \n\u00a0<\/p><\/td> | \n29.6%<\/p><\/td><\/tr>\n | \n\n(1)<\/sup> See Non-GAAP Financial Measures<\/i><\/p><\/td><\/tr>\n<\/table>\nFor the six months ending June 30, 2026, First Farmers reported net income of $11.1 million, or $2.81 per share, compared with $9.1 million, or $2.26 per share, in the same period of 2025. The change reflects growth in net interest income, offset in part by increases in non-interest expense. The increase in net interest income was primarily driven by growth in investment yields of 38 basis points and loan yields of 19 basis points. In addition, net interest income benefited from the reduction in interest expense for deposits and borrowings as the balance sheet liability mix improved compared to the year-earlier period. Non-interest expense grew $1.6 million for the six months ended June 30, 2026, driven by strategic investments in personnel, including increases in salaries expense of $719,000, performance-based incentives and benefits of $211,000, as well as core provider and software support expense of $309,000.<\/p> \nAbout First Farmers and Merchants Corporation and First Farmers and Merchants Bank<\/b><\/p> \nFirst Farmers and Merchants Corporation is the holding company for First Farmers and Merchants Bank, a community bank serving the Tennessee area through 21 locations in seven counties and one production office in Chattanooga. As of June 30, 2026, First Farmers reported total assets of approximately $1.8 billion, total shareholders\u2019 equity of approximately $178 million, and administered trust assets of $7.1 billion. For more information about First Farmers, visit us on the Web at www.myfirstfarmers.com<\/a> under \u201cInvestor Relations.\u201d<\/p>\nCautionary Note Regarding Forward Looking Statements<\/b><\/p> \nThis news release may contain certain \u201cforward-looking statements\u201d that represent First Farmers\u2019 expectations or beliefs concerning future events and often use words or phrases such as \u201copportunities,\u201d \u201cprospects,\u201d \u201cwill likely result,\u201d \u201care expected to,\u201d \u201cwill continue,\u201d \u201cis anticipated,\u201d \u201cestimate,\u201d \u201cproject,\u201d \u201cintends\u201d or similar expressions. Such forward-looking statements contained herein represent the current expectations, plans or forecast of First Farmers\u2019 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.<\/p> \nNon-GAAP Financial Measures<\/b><\/p> \nStatements included in this press release include non-GAAP financial measures and should be read along with the accompanying tables, which provide a reconciliation of non-GAAP financial measures to GAAP financial measures. First Farmers management uses non-GAAP financial measures, including: (i) adjusted net income and (ii) adjusted basic earnings per share, in its analysis of the Company\u2019s performance. These non-GAAP financial measures exclude the following from net income: gain on sale of premises and equipment, securities gains and losses, gain on redemption of bank-owned life insurance, and write-down of other real estate owned and the income tax effect of adjustments. Management believes that non-GAAP financial measures provide additional useful information that allows readers to evaluate the ongoing performance of the Company.<\/p> \n\n\nFIRST FARMERS AND MERCHANTS CORPORATION AND SUBSIDIARIES<\/b><\/p><\/td><\/tr>\n\n\nUNAUDITED RECONCILIATION OF NON-GAAP MEASURES PRESENTED IN EARNINGS RELEASE<\/b><\/p><\/td><\/tr>\n\n\n($ in thousands, except per share data)<\/i><\/p><\/td><\/tr>\n\n| \n | \n | \n | \u00a0<\/td>\n<\/tr>\n | \n\n\u00a0<\/p><\/td> | \nThree Months Ended<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \nSix Months Ended<\/b><\/p><\/td><\/tr>\n\n\n\u00a0<\/p><\/td> | \nJune 30,<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \nMarch 31,<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \nJune 30,<\/b><\/p><\/td><\/tr>\n\n\n\u00a0<\/p><\/td> | \n2026<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n2025<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n2026<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n2026<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n2025<\/b><\/p><\/td><\/tr>\n\n\nTotal non-interest income<\/p><\/td> | \n$<\/p><\/td> | \n3,793<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n3,655<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n3,297<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n7,090<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n7,137<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nGain on sale of premises and equipment<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(226<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(225<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(226<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(225<\/p><\/td> | \n)<\/p><\/td><\/tr>\n | \n\nGain on equity securities<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(116<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(111<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(116<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(111<\/p><\/td> | \n)<\/p><\/td><\/tr>\n | \n\nGain on redemption of bank-owned life insurance<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(1<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(288<\/p><\/td> | \n)<\/p><\/td><\/tr>\n | \n\nWrite-down of other real estate owned<\/p><\/td> | \n\u00a0<\/p><\/td> | \n25<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n27<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n52<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nAdjusted non-interest income<\/p><\/td> | \n$<\/p><\/td> | \n3,476<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n3,318<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n3,324<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n6,800<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n6,513<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nTotal non-interest expense<\/p><\/td> | \n$<\/p><\/td> | \n11,857<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n11,045<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n11,251<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n23,108<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n21,485<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nNet income as reported<\/p><\/td> | \n$<\/p><\/td> | \n5,682<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n4,625<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n5,462<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n11,144<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n9,086<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nTotal adjustments, net of tax1<\/sup><\/p><\/td>\n\u00a0<\/p><\/td> | \n(234<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(249<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n20<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(214<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(536<\/p><\/td> | \n)<\/p><\/td><\/tr>\n | \n\nAdjusted net income<\/p><\/td> | \n$<\/p><\/td> | \n5,448<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n4,376<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n5,482<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n10,930<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n8,550<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nBasic earnings per share<\/p><\/td> | \n$<\/p><\/td> | \n1.44<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.15<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.38<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n2.81<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n2.26<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nTotal adjustments, net of tax1<\/sup><\/p><\/td>\n\u00a0<\/p><\/td> | \n(0.06<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.06<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0.01<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.05<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.13<\/p><\/td> | \n)<\/p><\/td><\/tr>\n | \n\nAdjusted basic earnings per share<\/p><\/td> | \n$<\/p><\/td> | \n1.38<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.09<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.39<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n2.76<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n2.13<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nDiluted earnings per share<\/p><\/td> | \n$<\/p><\/td> | \n1.43<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.15<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.37<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n2.81<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n2.25<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nTotal adjustments, net of tax1<\/sup><\/p><\/td>\n\u00a0<\/p><\/td> | \n(0.06<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.06<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n0.01<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.05<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(0.13<\/p><\/td> | \n)<\/p><\/td><\/tr>\n | \n\nAdjusted diluted earnings per share<\/p><\/td> | \n$<\/p><\/td> | \n1.37<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.09<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.38<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n2.76<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n2.12<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \u00a0<\/td>\n<\/tr>\n | \n\n(1) The effective tax rate of 26.1% is used to determine net of tax amounts.<\/p><\/td><\/tr>\n<\/table> \n\n\nFIRST FARMERS AND MERCHANTS CORPORATION AND SUBSIDIARIES<\/b><\/p><\/td><\/tr>\n\n\nCONSOLIDATED BALANCE SHEETS<\/b><\/p><\/td><\/tr>\n\n| \n | \n | \n | \n | \n | \n | \u00a0<\/td>\n<\/tr>\n | \n\n\u00a0<\/p><\/td> | \n | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(unaudited)<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \n | \n\u00a0<\/p><\/td> | \nJune 30,<\/b><\/p><\/td> | \n | \nDecember 31,<\/b><\/p><\/td><\/tr>\n\n\n\u00a0<\/p><\/td> | \n | \n($ in thousands, except per share data)<\/i><\/p><\/td> | \n\u00a0<\/p><\/td> | \n2026<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n2025(1)<\/sup><\/b><\/p><\/td><\/tr>\n\n\nASSETS<\/b><\/p><\/td> | \n | \nCash and due from banks<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n28,146<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n$<\/p><\/td> | \n22,903<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nInterest-bearing deposits<\/p><\/td> | \n\u00a0<\/p><\/td> | \n20,381<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n79,477<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nFederal funds sold<\/p><\/td> | \n\u00a0<\/p><\/td> | \n101<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n80<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nTotal cash and cash equivalents<\/p><\/td> | \n\u00a0<\/p><\/td> | \n48,628<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n102,460<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nSecurities:<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nAvailable-for-sale<\/p><\/td> | \n\u00a0<\/p><\/td> | \n556,040<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n556,275<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nHeld-to-maturity (fair market value $22,849 and $23,383)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n23,310<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n23,678<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n | \nEquity securities<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2,429<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2,314<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n | \nLoans held-for-sale<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,425<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n887<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nLoans, net of deferred fees<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,036,817<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n1,005,688<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nAllowance for credit losses<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(8,150<\/p><\/td> | \n)<\/p><\/td> | \n | \n(8,037<\/p><\/td> | \n)<\/p><\/td><\/tr>\n | \n| \n | \n | \nNet loans<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,028,667<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n997,651<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nBank premises and equipment, net<\/p><\/td> | \n\u00a0<\/p><\/td> | \n26,325<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n28,803<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nBank-owned life insurance<\/p><\/td> | \n\u00a0<\/p><\/td> | \n38,217<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n36,129<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nGoodwill<\/p><\/td> | \n\u00a0<\/p><\/td> | \n9,018<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n9,018<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n | \nDeferred tax asset<\/p><\/td> | \n\u00a0<\/p><\/td> | \n15,188<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n14,691<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nOther assets<\/p><\/td> | \n\u00a0<\/p><\/td> | \n15,777<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n16,067<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n | \nTOTAL ASSETS<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1,765,024<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1,787,973<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nLIABILITIES<\/b><\/p><\/td> | \n | \nDeposits:<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n\u00a0<\/p><\/td> | \n<\/tr>\n | \n| \n | \n | \nNoninterest-bearing<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n482,904<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n$<\/p><\/td> | \n484,552<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nInterest-bearing<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,082,145<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n1,108,707<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nTotal deposits<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,565,049<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n1,593,259<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n | \nAccounts payable and accrued liabilities<\/p><\/td> | \n\u00a0<\/p><\/td> | \n22,109<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n23,091<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n | \nTOTAL LIABILITIES<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,587,158<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,616,350<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\nSHAREHOLDERS\u2019<\/b>EQUITY<\/b><\/p><\/td> | \n | \nCommon stock - $10 par value per share, 8,000,000 shares authorized; 3,950,811 and 3,972,865 shares issued and outstanding as of the periods presented<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p> \n\u00a0<\/p><\/td> | \n39,508<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n\u00a0<\/p> \n39,729<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nRetained earnings<\/p><\/td> | \n\u00a0<\/p><\/td> | \n172,131<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n164,267<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n | \nAdditional paid-in-capital<\/p><\/td> | \n\u00a0<\/p><\/td> | \n177<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n156<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nAccumulated other comprehensive loss<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(34,045<\/p><\/td> | \n)<\/p><\/td> | \n | \n(32,624<\/p><\/td> | \n)<\/p><\/td><\/tr>\n | \n| \n | \n | \nTotal shareholders\u2019 equity attributable to First Farmers and Merchants Corporation<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p> \n177,771<\/p><\/td> | \n\u00a0<\/p> \n\u00a0<\/p><\/td> | \n | \n171,528<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nNoncontrolling interest - preferred stock of subsidiary<\/p><\/td> | \n\u00a0<\/p><\/td> | \n95<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n95<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \nTOTAL SHAREHOLDERS\u2019 EQUITY<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n177,866<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n171,623<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \n | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n | \n | \n<\/tr>\n | \n\n\u00a0<\/p><\/td> | \n | \nTOTAL LIABILITIES AND SHAREHOLDERS\u2019 EQUITY<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1,765,024<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1,787,973<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td><\/tr>\n | \n\n(1)<\/sup> Derived from audited financial statements as of December 31, 2025.<\/p><\/td><\/tr>\n\n\n<\/tr>\n<\/table>\n\n\nFIRST FARMERS AND MERCHANTS CORPORATION AND SUBSIDIARIES<\/b><\/p><\/td><\/tr>\n\n\nCONSOLIDATED STATEMENTS OF INCOME<\/b><\/p><\/td><\/tr>\n\n\n(unaudited)<\/b><\/p><\/td><\/tr>\n\n| \n | \n | \n | \n | \u00a0<\/td>\n<\/tr>\n | \n| \n | \n | \nThree Months Ended<\/b><\/p> \nJune 30,<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \nSix Months Ended<\/b><\/p> \nJune 30,<\/b><\/p><\/td><\/tr>\n\n\n\u00a0<\/p><\/td> | \n(dollars in thousands, except per share data)<\/i><\/p><\/td> | \n2026<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n2025<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n2026<\/b><\/p><\/td> | \n\u00a0<\/p><\/td> | \n2025<\/b><\/p><\/td><\/tr>\n\n\nINTEREST AND\n<\/b>DIVIDEND\n<\/b>INCOME<\/b><\/p><\/td> | \nInterest and fees on loans<\/p><\/td> | \n$<\/p><\/td> | \n14,400<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n13,791<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n28,468<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n27,268<\/p><\/td><\/tr>\n | \n\nIncome on investment securities<\/p><\/td> | \n | \n\u00a0<\/p><\/td> | \n | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n<\/tr>\n | \n\n\u00a0<\/p><\/td> | \nTaxable interest<\/p><\/td> | \n2,782<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2,181<\/p><\/td> | \n\u00a0<\/p><\/td> | \n5,270<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n4,272<\/p><\/td><\/tr>\n | \n| \n | \nExempt from federal income tax<\/p><\/td> | \n423<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n420<\/p><\/td> | \n\u00a0<\/p><\/td> | \n842<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n850<\/p><\/td><\/tr>\n | \n| \n | \nInterest from federal funds sold and other<\/p><\/td> | \n423<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n206<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,017<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n519<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \nTotal interest income<\/p><\/td> | \n18,028<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n16,598<\/p><\/td> | \n\u00a0<\/p><\/td> | \n35,597<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n32,909<\/p><\/td><\/tr>\n | \n\nINTEREST\nEXPENSE<\/b><\/p><\/td> | \nInterest on deposits<\/p><\/td> | \n2,778<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3,464<\/p><\/td> | \n\u00a0<\/p><\/td> | \n5,577<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n7,101<\/p><\/td><\/tr>\n | \n\nInterest on other borrowings<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n65<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n107<\/p><\/td><\/tr>\n | \n| \n | \nTotal interest expense<\/p><\/td> | \n2,778<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3,529<\/p><\/td> | \n\u00a0<\/p><\/td> | \n5,577<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n7,208<\/p><\/td><\/tr>\n | \n| \n | \nNet interest income<\/p><\/td> | \n15,250<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n13,069<\/p><\/td> | \n\u00a0<\/p><\/td> | \n30,020<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n25,701<\/p><\/td><\/tr>\n | \n| \n | \nProvision for credit losses<\/p><\/td> | \n120<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n180<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n325<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \nNet interest income after provision<\/p><\/td> | \n15,130<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n13,069<\/p><\/td> | \n\u00a0<\/p><\/td> | \n29,840<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n25,376<\/p><\/td><\/tr>\n | \n\nNON-INTEREST\nINCOME<\/b><\/p><\/td> | \nMortgage banking activities<\/p><\/td> | \n87<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n21<\/p><\/td> | \n\u00a0<\/p><\/td> | \n187<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n34<\/p><\/td><\/tr>\n | \n\nWealth management and trust services fees<\/p><\/td> | \n1,322<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,181<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2,586<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2,346<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \nService fees on deposit accounts<\/p><\/td> | \n1,600<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,610<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3,123<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3,144<\/p><\/td><\/tr>\n | \n| \n | \nInvestment services fee income<\/p><\/td> | \n111<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n143<\/p><\/td> | \n\u00a0<\/p><\/td> | \n201<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n243<\/p><\/td><\/tr>\n | \n| \n | \nEarnings on bank-owned life insurance<\/p><\/td> | \n167<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n169<\/p><\/td> | \n\u00a0<\/p><\/td> | \n330<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n343<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \nGain on sale of premises and equipment<\/p><\/td> | \n226<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n225<\/p><\/td> | \n\u00a0<\/p><\/td> | \n226<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n225<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \nGain on equity securities<\/p><\/td> | \n116<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n111<\/p><\/td> | \n\u00a0<\/p><\/td> | \n116<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n111<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \nGain on redemption of bank-owned life insurance<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n288<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \nWrite-down of other real estate owned<\/p><\/td> | \n(25<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td> | \n\u00a0<\/p><\/td> | \n(52<\/p><\/td> | \n)<\/p><\/td> | \n\u00a0<\/p><\/td> | \n-<\/p><\/td><\/tr>\n | \n| \n | \nOther non-interest income<\/p><\/td> | \n189<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n194<\/p><\/td> | \n\u00a0<\/p><\/td> | \n373<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n403<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \nTotal non-interest income<\/p><\/td> | \n3,793<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3,655<\/p><\/td> | \n\u00a0<\/p><\/td> | \n7,090<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n7,137<\/p><\/td><\/tr>\n | \n\nNON-INTEREST<\/b>EXPENSE<\/b><\/p><\/td> | \nSalaries and employee benefits<\/p><\/td> | \n7,014<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n6,521<\/p><\/td> | \n\u00a0<\/p><\/td> | \n13,521<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n12,442<\/p><\/td><\/tr>\n | \n\nNet occupancy expense<\/p><\/td> | \n643<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n571<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,286<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,206<\/p><\/td><\/tr>\n | \n| \n | \nDepreciation expense<\/p><\/td> | \n441<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n418<\/p><\/td> | \n\u00a0<\/p><\/td> | \n872<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n821<\/p><\/td><\/tr>\n | \n| \n | \nData processing expense<\/p><\/td> | \n566<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n613<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,191<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,231<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \nSoftware support and other computer expense<\/p><\/td> | \n1,440<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,248<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2,781<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2,472<\/p><\/td><\/tr>\n | \n| \n | \nLegal and professional fees<\/p><\/td> | \n329<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n295<\/p><\/td> | \n\u00a0<\/p><\/td> | \n606<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n533<\/p><\/td><\/tr>\n | \n| \n | \nAudits and exams expense<\/p><\/td> | \n162<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n194<\/p><\/td> | \n\u00a0<\/p><\/td> | \n326<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n384<\/p><\/td><\/tr>\n | \n| \n | \nAdvertising and promotions<\/p><\/td> | \n250<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n206<\/p><\/td> | \n\u00a0<\/p><\/td> | \n524<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n447<\/p><\/td><\/tr>\n | \n| \n | \nFDIC insurance premium expense<\/p><\/td> | \n205<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n203<\/p><\/td> | \n\u00a0<\/p><\/td> | \n406<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n403<\/p><\/td><\/tr>\n | \n| \n | \nOther non-interest expense<\/p><\/td> | \n799<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n768<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,587<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,538<\/p><\/td><\/tr>\n | \n| \n | \nTotal non-interest expense<\/p><\/td> | \n11,849<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n11,037<\/p><\/td> | \n\u00a0<\/p><\/td> | \n23,100<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n21,477<\/p><\/td><\/tr>\n | \n| \n | \nIncome before provision for income taxes<\/p><\/td> | \n7,074<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n5,687<\/p><\/td> | \n\u00a0<\/p><\/td> | \n13,830<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n11,036<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \nProvision for income taxes<\/p><\/td> | \n1,384<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,054<\/p><\/td> | \n\u00a0<\/p><\/td> | \n2,678<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n1,942<\/p><\/td><\/tr>\n | \n| \n | \nNet income<\/p><\/td> | \n5,690<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n4,633<\/p><\/td> | \n\u00a0<\/p><\/td> | \n11,152<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n9,094<\/p><\/td><\/tr>\n | \n| \n | \nNoncontrolling interest - dividends on preferred stock subsidiary<\/p><\/td> | \n8<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n8<\/p><\/td> | \n\u00a0<\/p><\/td> | \n8<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n8<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \nNet income available to common shareholders<\/p><\/td> | \n$<\/p><\/td> | \n5,682<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n4,625<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n11,144<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n9,086<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td><\/tr>\n | \n| \n | \nWeighted average shares outstanding - basic<\/p><\/td> | \n3,955,554<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n4,013,067<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3,963,808<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n4,024,899<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \nWeighted average shares outstanding - diluted<\/p><\/td> | \n3,961,442<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n4,020,755<\/p><\/td> | \n\u00a0<\/p><\/td> | \n3,969,696<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n4,032,587<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \nEarnings per share<\/p><\/td> | \n$<\/p><\/td> | \n1.44<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.15<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n2.81<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n2.26<\/p><\/td><\/tr>\n | \n\n\u00a0<\/p><\/td> | \nDiluted earnings per share<\/p><\/td> | \n$<\/p><\/td> | \n1.43<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n1.15<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n2.81<\/p><\/td> | \n\u00a0<\/p><\/td> | \n\u00a0<\/p><\/td> | \n$<\/p><\/td> | \n2.25<\/p><\/td><\/tr>\n<\/table> Contacts<\/b> \nFor additional information contact<\/b>Jill A. Giles<\/b>Chief Financial Officer<\/b>(931) 380-8284<\/b><\/p> Read full story here <\/a>","protected":false},"excerpt":{"rendered":"Net Interest Margin expands to 3.61%
\nAnnualized Loan Growth of 9.5%COLUMBIA, Tenn.–(BUSINESS WIRE)–First Farmers and Merchants Corporation (OTCID: FFMH), the holding company for First Farmers and Merchants Bank, today announced its results for the s…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-45310","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/45310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45310"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/45310\/revisions"}],"predecessor-version":[{"id":45311,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/45310\/revisions\/45311"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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