Veteran Bankers Join Cornerstone Community Bank, A SmartFinancial Company
CHATTANOOGA, Tenn., Sept. 9, 2015 /PRNewswire/ -- Cornerstone Community Bank, a subsidiary of SmartFinancial, Inc., today announced the appointment of two new positions:
C. Perry Beckett, Senior Vice President & Chief Credit Officer
Perry Beckett began his banking career in Chattanooga in 1985 with Pioneer Bank, which later became First American National Bank. In 2000, he joined a regional bank where he served as a commercial lending officer. Most recently, he was Vice President and Portfolio Risk Officer of another financial institution in the Chattanooga market. A native of Chattanooga, he graduated from the University of Tennessee at Chattanooga in 1984 with a Bachelor's degree in Business Finance and a minor in Economics.
William Todd Byrum, Senior Vice President & Relationship Manager
Todd Byrum brings to Cornerstone 30 years' experience in the financial services industry, the last 20 of which have been in commercial lending. He has lived in Chattanooga for the last 36 years and is a 1984 graduate of the University of Tennessee at Chattanooga with a Bachelor's degree in Finance.
"With the merger of our holding companies completed, we are now united under SmartFinancial and working toward significantly growing our market share. It's exciting to welcome aboard two veteran officers as part of our lending team," said Cornerstone Community Bank President Barry Watson. "Perry and Todd bring a vast amount of knowledge, expertise and horsepower, which only reinforces the strong lending team we've had in place to move us forward as we transform into SmartBank."
About SmartFinancial, Inc.
SmartFinancial, Inc., based in Knoxville, Tennessee, is the bank holding company for SmartBank and Cornerstone Community Bank. SmartBank is a full-service commercial bank founded in 2007, with seven branches throughout East Tennessee and the Florida Panhandle. Recruiting the best people, delivering exceptional client service, strategic branching and a conservative and disciplined approach to lending have all given rise to SmartBank's success. More information about SmartFinancial can be found on its website: www.smartbank.com. Cornerstone Community Bank is a full-service commercial bank founded in 1996, with five branches throughout the Chattanooga MSA and one loan production office in Dalton, Georgia. Cornerstone Community Bank specializes in providing customized financial solutions for businesses and consumers, by offering a comprehensive range of products and services designed to help companies and individuals build strong financial foundations. More information about Cornerstone Community Bank can be found on its website: www.cscbank.com.
This release contains forward-looking statements. SmartFinancial cautions you that a number of important factors could cause actual results to differ materially from those currently anticipated in any forward-looking statement. Such factors include, but are not limited to: changes in management's plans for the future, prevailing economic and political conditions, particularly in our market area; credit risk associated with our lending activities; changes in interest rates, loan demand, real estate values and competition; changes in accounting principles, policies, and guidelines; changes in any applicable law, rule, regulation or practice with respect to tax or legal issues; and other economic, competitive, governmental, regulatory and technological factors affecting our operations, pricing, products and services and other factors that may be described in our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission from time to time.
In addition to these risks, acquisitions and business combinations present risks other than those presented by the nature of the business acquired. Acquisitions and business combinations may be substantially more expensive to complete than originally anticipated, and the anticipated benefits may be significantly harder—or take longer—to achieve than expected. As regulated financial institutions, our pursuit of attractive acquisition and business combination opportunities could be negatively impacted by regulatory delays or other regulatory issues. Regulatory and/or legal issues related to the pre-acquisition operations of an acquired or combined business may cause reputational harm to SmartFinancial following the acquisition or combination, and integration of the acquired or combined business with ours may result in additional future costs arising as a result of those issues.
The forward-looking statements are made as of the date of this release, and, except as may be required by applicable law or regulation, SmartFinancial assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.
Photo- http://photos.prnewswire.com/prnh/20150909/264840
Photo- http://photos.prnewswire.com/prnh/20150909/264841
SOURCE SmartFinancial, Inc.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article