First Farmers Financial Corporation named #7 in American Banker Top 200 Community Banks; welcomes two new members to board of directors.
First Farmers Financial Corp. (OTCQX Banks; FFMR), the parent company of First Farmers Bank & Trust Co., was listed 7th nationally among community banks in American Banker magazine’s annual Top 200 rankings based on return on equity average over the course of the last three years (15.33% ROAE). It is the 3rdth straight year that First Farmers has placed in the top 5% nationally among peers of less than $2 billion in assets.
First Farmers also announced the addition of two new members to its board of directors:
Keith D. Hill, Senior Vice President and CFO of First Farmers Bank & Trust, received his bachelor’s degrees in Business Administration and Economics from Barat College of DePaul University in 1993 and his Certified Public Accounting certificate in 1995. Mr. Hill has 23 years of banking experience and will serve as a member of the Asset/Liability and Investment Committees.
Jeffrey T. Harts, Vice President and Chief Risk Officer of Central Indiana Ethanol, received a bachelor’s degree in Agricultural Economics from Purdue University. He has 7 years of banking experience and previously served as a Sr. Commercial and Ag Lender at FFBT. He also previously managed grain elevators for Cargill and Martin Farmers Co-op.
First Farmers Financial Corp is a $1.49 billion financial holding company headquartered in Converse, Indiana. First Farmers Bank & Trust has 30 offices throughout Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Johnson, Starke, Sullivan, Tipton, Vermillion, Vigo and Wabash counties in Indiana and 7 offices in Coles, Edgar and Vermilion counties in Illinois.