AMENDMENT TO THE FIRST FARMERS AND MERCHANTS NATIONAL BANK DIRECTOR SPLIT DOLLAR AGREEMENT

Exhibit 10.14

AMENDMENT

TO THE FIRST FARMERS AND MERCHANTS NATIONAL BANK
DIRECTOR SPLIT DOLLAR AGREEMENT

THIS AMENDMENT , made and entered into this            day of                           , by and between First Farmers and Merchants Bank, successor in interest to First Farmers and Merchants National Bank, a bank organized and existing under the laws of the State of Tennessee (hereinafter referred to as the “Bank”), and                         , a Director of the Bank (hereinafter referred to as the “Director”), shall effectively amend the First Farmers and Merchants National Bank Director Split Dollar Agreement dated                      (hereinafter referred to as the “Agreement”) as specifically set forth herein.  Pursuant to Article 8 of the Agreement, the Bank and the Director hereby adopt the following amendment:

1.)                                    Section 2.2, “Director’s Interest,” shall be deleted in its entirety and replaced with the following Section 2.2:

2.2           Director’s Interest.   Subject to the provisions of Article 4, the Director shall have the right to designate the beneficiary of an amount equal to the lesser of One Hundred Thousand Dollars ($100,000.00) or the net