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<title>Form 8-K</title>



</head>

<body lang=EN-US link=blue vlink=purple>

<div style='page:Section1;'>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><u>_______________________________________________________________________________________________</u></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'><b>UNITED STATES</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'><b>SECURITIES AND EXCHANGE
COMMISSION</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'><b>Washington</b><b>, D.C. 20549</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>______________________________</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:9.0pt;text-align:center'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="4">FORM 8-K</font></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'><b>CURRENT REPORT</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'><b>Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>Date of Report (Date of earliest
event reported):&nbsp; December 20, 2011</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>______________________________</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:9.0pt;text-align:center'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="4">FIRST FARMERS AND MERCHANTS
CORPORATION</font></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>(Exact name of registrant as
specified in its charter)</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;</p>

<table class=MsoNormalTable border=0 cellpadding=0
 style='border-collapse:collapse' width="100%">
 <tr>
  <td width="30%" valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'><b>Tennessee </b></p>
  </td>
  <td width="5%" valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'><b>&nbsp;</b></p>
  </td>
  <td width="30%" valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'><b>0-10972</b></p>
  </td>
  <td width="5%" valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>
  </td>
  <td width="30%" valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'><b>62-1148660</b></p>
  </td>
 </tr>
 <tr>
  <td width="30%" valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>(State or other jurisdiction
  of incorporation)</p>
  </td>
  <td width="5%" valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>
  </td>
  <td width="30%" valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>(Commission File Number)</p>
  </td>
  <td width="5%" valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>
  </td>
  <td width="30%" valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>(IRS Employer Identification
  No.)</p>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;</p>
  </td>
 </tr>
</table>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;</p>

<div align="center">

<table class=MsoNormalTable border=0 cellpadding=0
 style='border-collapse:collapse' width="90%">
 <tr>
  <td width="45%" valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:12.0pt;text-align:center'><b>816 South Garden Street</b></p>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'><b>Columbia, Tennessee</b></p>
  </td>
  <td width="10%" valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>
  </td>
  <td width="45%" valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'><b>&nbsp;</b></p>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'><b>&nbsp;</b></p>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'><b>38402-1148</b></p>
  </td>
 </tr>
 <tr>
  <td width="45%" valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>(Address of principal
  executive offices)</p>
  </td>
  <td width="10%" valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>
  </td>
  <td width="45%" valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>(Zip Code)</p>
  </td>
 </tr>
</table>

</div>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;</p>

<div style='border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in'>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center;border:none;
padding:0in'><b>(931)
388-3145</b></p>

</div>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>(Registrant&#146;s telephone number,
including area code)</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>

<div style='border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in'>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center;border:none;
padding:0in'><b>Not
Applicable</b></p>

</div>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>(Former name or former address,
if changed since last report)</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>[&nbsp; ]&nbsp;&nbsp; Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425)</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>[&nbsp; ]&nbsp;&nbsp; Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>[&nbsp; ]&nbsp; Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>[&nbsp; ]&nbsp; Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'><u>_______________________________________________________________________________________________</u></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:8.0pt;font-family:"Century Schoolbook";color:windowtext;'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>

<p style="font-size: 8.0pt; font-family: Century Schoolbook; color: windowtext; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 8.0pt; font-family: Century Schoolbook; color: windowtext; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;line-height:1.0pt'>&nbsp;</p>

<br clear=all
style='page-break-before:always'>


<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'><b><font style="font-size: 10.0pt">ITEM
4.01&nbsp;&nbsp;&nbsp;&nbsp; Changes in Registrants&#146; Certifying Accountant</font> </b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>On December, 20, 2011, the Audit Committee of First
Farmers and Merchants Corporation (the &#147;Company&#148;) dismissed KraftCPAs PLLC(&#147;Kraft&#148;)
as it registered independent accounting firm.&nbsp; Kraft&#146;s service will terminate
at the completion of its audit and issuance of its related report on the
Company&#146;s consolidated financial statements to be filed on Form 10-K for the
Company&#146;s fiscal year ended December 31, 2011.&nbsp; The dismissal of Kraft as the
Company&#146;s independent accountants was a result of a competitive bidding process
involving several accounting firms.</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>In connection with the audits of the two fiscal years
ended December 31, 2010, and the subsequent interim period through December 20,
2011, there have been no disagreements with Kraft on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope of
procedure, which disagreement, if not resolved to the satisfaction of Kraft
would have caused Kraft to make reference to the subject matter of
disagreements in connection with its reports.&nbsp; Kraft&#146;s audit report on the
consolidated financial statements of the Company as of and for the years ended
December 31, 2010 and 2009 contained no adverse opinion or disclaimer of
opinion and was not qualified or modified as to uncertainty, audit scope or
accounting principles.</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>None of the reportable events described under Item
304(a)(1)(v) of Regulation S-K occurred within the company&#146;s two most recent
fiscal years and the subsequent interim period through December 20, 2011.</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>On December 20, 2011, the Audit Committee engaged BKD
LLP (&#147;BKD&#148;) as its new independent registered accounting firm to be effective
upon the Company&#146;s filing of its 2011 Form 10-K.&nbsp; During the two most recent
fiscal years, and any subsequent interim period prior to engaging BKD, neither
the Company, nor anyone on its behalf, consulted BKD regarding opinion that
might be rendered on the Company&#146;s financial statements, and either a written
report was provided to the decision as to the accounting, auditing, or
financial reporting issue; or (ii) any matter that was either the subject of a
disagreement (as defined in paragraph 304(a)(1)(iv) of Regulation S-K and the
related instructions) or a reportable event (as described in paragraph
304(a)(1)(v) of Regulation S-K).</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>The Company has requested that Kraft furnish it with a
letter addressed to the Securities and Exchange Commission (&#147;SEC&#148;) stating
whether it agrees with the above statement.&nbsp; A copy of Kraft&#146;s letter to the
SEC dated December 27, 2011 is attached as an exhibit to this report.</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>ITEM 9.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FINANCIAL STATEMENTS AND EXHIBITS</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (D) Exhibits</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>Exhibit 16 &#150; Letter of KraftCPAs</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:8.0pt;font-family:"Century Schoolbook";color:windowtext;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:8.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>2</p>

<div style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;line-height:1.0pt'>&nbsp;</p>

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<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'><b>SIGNATURES</b></p>

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<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.</p>

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<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;margin-left:3.0in'><b>FIRST FARMERS AND MERCHANTS CORPORATION</b></p>

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		<td width="50%">Date:&nbsp; December 27, 2011</td>
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<p style='margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify;margin-right:0in; margin-top:0in'>By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>/s/T.
Randy Stevens&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </u></p>

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<p style='margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify;margin-right:0in; margin-top:0in'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; T.
Randy Stevens</p>

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<p style='margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify; margin-right:0in; margin-top:0in'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chairman
and Chief Executive Officer</p>

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{"company-data": {"conformed-name": "FIRST FARMERS & MERCHANTS CORP", "cik": "0000703329", "assigned-sic": "6022", "irs-number": "621148660", "state-of-incorporation": "TN", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-10972", "film-number": "111285476"}, "business-address": {"street1": "816 S GARDEN ST", "city": "COLUMBIA", "state": "TN", "zip": "38402", "phone": "931-388-3145"}, "mail-address": {"street1": "816 S GARDEN ST", "city": "COLUMBIA", "state": "TN", "zip": "38402-1148"}}
Form 8-K
_______________________________________________________________________________________________
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington
, D.C. 20549
______________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest
event reported):  December 20, 2011
______________________________
FIRST FARMERS AND MERCHANTS
CORPORATION
(Exact name of registrant as
specified in its charter)
Tennessee
0-10972
62-1148660
(State or other jurisdiction
  of incorporation)
(Commission File Number)
(IRS Employer Identification
  No.)
816 South Garden Street
Columbia, Tennessee
38402-1148
(Address of principal
  executive offices)
(Zip Code)
(931)
388-3145
(Registrant's telephone number,
including area code)
Not
Applicable
(Former name or former address,
if changed since last report)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
[  ]   Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425)
[  ]   Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
_______________________________________________________________________________________________
ITEM
4.01     Changes in Registrants' Certifying Accountant
On December, 20, 2011, the Audit Committee of First
Farmers and Merchants Corporation (the "Company") dismissed KraftCPAs PLLC("Kraft")
as it registered independent accounting firm.  Kraft's service will terminate
at the completion of its audit and issuance of its related report on the
Company's consolidated financial statements to be filed on Form 10-K for the
Company's fiscal year ended December 31, 2011.  The dismissal of Kraft as the
Company's independent accountants was a result of a competitive bidding process
involving several accounting firms.
In connection with the audits of the two fiscal years
ended December 31, 2010, and the subsequent interim period through December 20,
2011, there have been no disagreements with Kraft on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope of
procedure, which disagreement, if not resolved to the satisfaction of Kraft
would have caused Kraft to make reference to the subject matter of
disagreements in connection with its reports.  Kraft's audit report on the
consolidated financial statements of the Company as of and for the years ended
December 31, 2010 and 2009 contained no adverse opinion or disclaimer of
opinion and was not qualified or modified as to uncertainty, audit scope or
accounting principles.
None of the reportable events described under Item
304(a)(1)(v) of Regulation S-K occurred within the company's two most recent
fiscal years and the subsequent interim period through December 20, 2011.
On December 20, 2011, the Audit Committee engaged BKD
LLP ("BKD") as its new independent registered accounting firm to be effective
upon the Company's filing of its 2011 Form 10-K.  During the two most recent
fiscal years, and any subsequent interim period prior to engaging BKD, neither
the Company, nor anyone on its behalf, consulted BKD regarding opinion that
might be rendered on the Company's financial statements, and either a written
report was provided to the decision as to the accounting, auditing, or
financial reporting issue; or (ii) any matter that was either the subject of a
disagreement (as defined in paragraph 304(a)(1)(iv) of Regulation S-K and the
related instructions) or a reportable event (as described in paragraph
304(a)(1)(v) of Regulation S-K).
The Company has requested that Kraft furnish it with a
letter addressed to the Securities and Exchange Commission ("SEC") stating
whether it agrees with the above statement.  A copy of Kraft's letter to the
SEC dated December 27, 2011 is attached as an exhibit to this report.
ITEM 9.01        FINANCIAL STATEMENTS AND EXHIBITS
(D) Exhibits
Exhibit 16 – Letter of KraftCPAs
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SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.
FIRST FARMERS AND MERCHANTS CORPORATION
Date:  December 27, 2011
By:
/s/T.
Randy Stevens
T.
Randy Stevens
Chairman
and Chief Executive Officer
3