The Bank of Loretto
| Status: | Inactive as of 09/05/1985 |
| Absorption - Assisted | |
| Successor Bank: | First Farmers and Merchants Bank |
| Headquarters: | The Bank of Loretto U.S. Highway 43 Loretto, TN 38469 |
| Established: | 01/01/1910 |
| FDIC Insurance: | 01/01/1934 |
| FDIC Cert: | #6096 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $25,637,000 |
| Total Deposits: | $24,782,000 |
History
| 1910-01-01 | Institution established: Original name:The Bank of Loretto | |
| 1985-09-05 | Failed. Acquired with government financial assistance and subsequently operated as part of First Farmers and Merchants National Bank of Columbia (1487) | |
| 1999-02-05 | Acquired Farmers & Merchants Bank (10325) in WHITE BLUFF, TN | |
| 2001-04-27 | Acquired Peoples and Union Bank (1474) in LEWISBURG, TN | |
| 2005-07-05 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
| 2005-07-05 | Changed name to First Farmers and Merchants Bank (1487) | |
| 2005-07-05 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD |