On December 18, 2015, First Farmers and Merchants Corporation announced that the company has named Brian K. Williams as President of the Company and First Farmers and Merchants Bank and Timothy E. Pettus as Vice Chairman of the Company and the Bank, to be effective as of January 1, 2016. Mr. Pettus will continue to serve as a director of the Company and the Bank. Mr. Williams, age 45, has served as Executive Vice President and Director of Corporate Planning of the Bank since 2013.

Mr. Williams served as acting Chief Financial Officer and Treasurer of the Company and the Bank from January 27, 2015 to May 4, 2015. Mr. Pettus, age 64, has served as President and a director of the Company and the Bank since 2008. In his new role as President, Brian Williams will oversee the day-to-day operations of the bank and will be responsible for executing the organization's strategic initiatives.

A Maury County native, Williams has been with First Farmers for over 22 years and most recently served as Executive Vice President of the bank. During his tenure, Williams has held numerous leadership roles including Chief Financial Officer and Treasurer of the bank and holding company; Senior Executive of Commercial Banking; Chief Credit Officer; Vice President/Assistant Credit Officer and Trust Officer. A 40-year veteran of the financial services industry, Tim Pettus has been elevated to the newly minted role of Vice Chairman of the bank and holding company.

Pettus will be charged with coordinating the bank's growth strategy across middle Tennessee, primarily focused on the Williamson and Davidson County markets.