First Farmers Financial Corp. Declares Record Dividend & Continued Expansion
CONVERSE, Ind., Dec. 11, 2018 /PRNewswire/ -- First Farmers Financial Corp. (OTCQX Banks; FFMR), the parent company of First Farmers Bank & Trust Co., announced that on December 11, 2018 the Board of Directors approved a record quarterly cash dividend of $0.28 per share, payable on January 15, 2019 to shareholders of record as of December 31, 2018. This quarterly dividend represents a 55.6% increase over the $0.18 split-adjusted dividend declared in December 2017. First Farmers Bank & Trust continues its expansion by opening a second location in Terre Haute, IN. A new facility in Hoopeston, IL and a second location in Lafayette, IN are slated to open in the 1st quarter of 2019.
First Farmers Financial Corp is a $1.8 billion financial holding company headquartered in Converse, Indiana. First Farmers Bank & Trust has 29 offices throughout Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Starke, Sullivan, Tippecanoe, Tipton, Vigo and Wabash counties in Indiana and 7 offices in Coles, Edgar and Vermilion counties in Illinois.
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