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<title>Form 8-K</title>



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<div style='page:Section1;'>

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

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

<hr color="#000000">

<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: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-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>UNITED STATES</b></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>SECURITIES AND EXCHANGE
COMMISSION</b></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>Washington, 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-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>______________________________</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>FORM 8-K</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-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>CURRENT REPORT</b></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>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-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>Date of Report (Date of earliest
event reported):&nbsp; March 8, 2012</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-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>______________________________</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>FIRST FARMERS AND MERCHANTS
CORPORATION</b></p>

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

<table class=MsoNormalTable border=0 cellpadding=0
 style='border-collapse:collapse' width="100%">
 <tr>
  <td width=53 valign=top style='width:10%;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:justify'>&nbsp;</p>
  </td>
  <td width=251 valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; width:35%;border-bottom:1.0pt solid windowtext;
  padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;margin-top:12.0pt;text-align:center; margin-left:0in; margin-right:0in'><b>816 South Garden Street</b></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>Columbia, Tennessee</b></p>
  </td>
  <td width=58 valign=top style='width:5%;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=174 valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; width:40%;border-bottom:1.0pt solid windowtext;
  padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>&nbsp;</b></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>&nbsp;</b></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>38402-1148</b></p>
  </td>
  <td width=103 valign=top style='width:10%;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:justify'>&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td width=53 valign=top style='width:10%;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:justify'>&nbsp;</p>
  </td>
  <td width=251 valign=top style='width:35%;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>(Address of principal
  executive offices)</p>
  </td>
  <td width=58 valign=top style='width:5%;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=174 valign=top style='width:40%;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>(Zip Code)</p>
  </td>
  <td width=103 valign=top style='width:10%;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: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>

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

</div>

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

</div>

<p style='margin-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>(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-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'>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-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'>[&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-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'>[&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-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'>[&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-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'>[&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>

<hr color="#000000">

<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: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'></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>

<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 size="3">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-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify;text-autospace:none; margin-left:0in; margin-right:0in; margin-top:0in'>On December 20, 2011,
First Farmers and Merchants Corporation (the &quot;Registrant&quot;) formally
notified KRAFT CPAs PLLC (&#147;Kraft&#148;) that Kraft would not be retained as the
Registrant&#146;s independent registered public accounting firm for the fiscal year
ending December 31, 2012.&nbsp; However, Kraft was engaged to audit the Registrant&#146;s
consolidated financial statements for the fiscal year ended December 31, 2011, and,
in fact, issued their audit opinion on the Registrant&#146;s consolidated financial
statements on March 5, 2012. </p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Century Schoolbook";color:windowtext;text-autospace:none'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify;text-autospace:none; margin-left:0in; margin-right:0in; margin-top:0in'>Kraft's reports on the
Registrant's financial statements for the fiscal years ended December 31, 2011
and 2010 did not contain an adverse opinion or disclaimer of opinion and were
not qualified or modified as to uncertainty, audit scope, or accounting
principles.&nbsp; During the Registrant's two most recent fiscal year ends (the
fiscal years ended December 31, 2011 and 2010) and through March 5, 2012, there
were no disagreements with Kraft on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure,
which disagreements, if not resolved to the satisfaction of Kraft, would have
caused Kraft to make reference to the subject matter of the disagreements in
their reports on the financial statements for such years. Kraft has provided
the Registrant with a copy of Kraft&#146;s letter addressed to the Securities and
Exchange Commission stating that Kraft agrees with the disclosures made by the
Registrant in response to Item 304(a) of Regulation S-K.&nbsp; A copy of Kraft's
letter is filed as Exhibit 16.0 and incorporated in this Item 4.01 by
reference.</p>

<p style='margin-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt; margin-left:0in; margin-right:0in'>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-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt; margin-left:0in; margin-right:0in'>&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-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;margin-top:6.0pt; margin-left:0in; margin-right:0in'>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-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>SIGNATURES</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;</p>

<p style='margin-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'>&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>

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

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		<td width="35%">&nbsp;</td>
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<p style='margin-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;margin-right:0in; margin-top:0in'><b>FIRST FARMERS AND MERCHANTS CORPORATION</b></p>

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		<td width="35%">&nbsp;</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'>&nbsp;</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;</p>

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		<td width="35%">Date:&nbsp; March 12, 2012</td>
		<td width="65%">

<p style='margin-bottom:.0001pt;font-family:"Century Schoolbook";color:windowtext;text-align:justify;margin-right:0in; margin-top:0in'>By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; /s/Patricia
P. Bearden&nbsp;&nbsp; </u></p>

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		<td width="35%">&nbsp;</td>
		<td width="65%">

<p style='margin-bottom:.0001pt;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; Patricia
P. Bearden</p>

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<p style='margin-bottom:.0001pt;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; Treasurer
(principal financial officer)</p>

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		<td width="35%">&nbsp;</td>
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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;</p>

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	</tr>
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<p style='margin:0in;margin-bottom:.0001pt;font-size:8.0pt;font-family:"Century Schoolbook";color:windowtext;text-align:center'>&nbsp;</p>
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<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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[{"type": "8-K", "sequence": "1", "filename": "esffarmers8k.htm", "secsgml_size_bytes": 26293}]
{"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": "12683050"}, "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):  March 8, 2012
______________________________
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,
First Farmers and Merchants Corporation (the "Registrant") formally
notified KRAFT CPAs PLLC ("Kraft") that Kraft would not be retained as the
Registrant's independent registered public accounting firm for the fiscal year
ending December 31, 2012.  However, Kraft was engaged to audit the Registrant's
consolidated financial statements for the fiscal year ended December 31, 2011, and,
in fact, issued their audit opinion on the Registrant's consolidated financial
statements on March 5, 2012.
Kraft's reports on the
Registrant's financial statements for the fiscal years ended December 31, 2011
and 2010 did not contain an adverse opinion or disclaimer of opinion and were
not qualified or modified as to uncertainty, audit scope, or accounting
principles.  During the Registrant's two most recent fiscal year ends (the
fiscal years ended December 31, 2011 and 2010) and through March 5, 2012, there
were no disagreements with Kraft on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure,
which disagreements, if not resolved to the satisfaction of Kraft, would have
caused Kraft to make reference to the subject matter of the disagreements in
their reports on the financial statements for such years. Kraft has provided
the Registrant with a copy of Kraft's letter addressed to the Securities and
Exchange Commission stating that Kraft agrees with the disclosures made by the
Registrant in response to Item 304(a) of Regulation S-K.  A copy of Kraft's
letter is filed as Exhibit 16.0 and incorporated in this Item 4.01 by
reference.
ITEM 9.01        FINANCIAL STATEMENTS AND EXHIBITS
(D) Exhibits
Exhibit 16 – Letter of KraftCPAs
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:  March 12, 2012
By:
/s/Patricia
P. Bearden
Patricia
P. Bearden
Treasurer
(principal financial officer)
2