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First Farmers and Merchants (First Farmers and Merchants) Accounts Payable & Accrued Expense : $0.00 Mil (As of . 20)


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What is First Farmers and Merchants Accounts Payable & Accrued Expense?


First Farmers and Merchants Accounts Payable & Accrued Expense Historical Data

The historical data trend for First Farmers and Merchants's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Farmers and Merchants Accounts Payable & Accrued Expense Chart

First Farmers and Merchants Annual Data
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Accounts Payable & Accrued Expense

First Farmers and Merchants Quarterly Data
Accounts Payable & Accrued Expense

First Farmers and Merchants Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


First Farmers and Merchants (First Farmers and Merchants) Business Description

Traded in Other Exchanges
N/A
Address
816 South Garden Street, Columbia, TN, USA, 38401
First Farmers and Merchants Corp is a bank holding company whose principal activity is the ownership and management of its wholly-owned subsidiary, First Farmers and Merchants Bank (the Bank). The Bank is engaged in providing a full range of banking and financial services, including lending, investing of funds, obtaining deposits, trust, and wealth management operations, and other financing activities to individual and corporate customers in the Middle Tennessee area. The Bank is subject to competition from other financial institutions. The company and the Bank are subject to the regulation of certain federal and state agencies and undergo periodic examinations by those regulatory authorities.

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