SMARTFINANCIAL, INC. COMPLETES ACQUISITION OF FOOTHILLS BANCORP, INC.
On November 1st, SmartFinancial, Inc., Knoxville, Tennessee (“SmartFinancial”) (Nasdaq: SMBK), parent company of SmartBank, announced the completion of its previously-announced acquisition of Foothills Bancorp, Inc., Maryville, Tennessee (“Foothills Bancorp”), and Foothills Bancorp’s wholly owned bank subsidiary, Foothills Bank & Trust. Effective November 1, 2018, Foothills Bancorp has been merged with and into SmartFinancial, and Foothills Bank & Trust has been merged with and into SmartBank. Based on financial data as of September 30, 2018, the combined company has total consolidated assets of approximately $2.3 billion. This marks SmartFinancial’s third acquisition in the last 12 months. For the full release, click here
Don began his commercial real estate career in 1988. In 2008 he started Neal & Company, a full-service brokerage office, to better serve his client base. Prior to starting his own firm Don was a top broker at Beck Property Company for twelve years. He focuses primarily on leasing and sales of office, retail and industrial properties and has considerable experience in commercial property management. Don is a graduate of the University of Florida where he obtained a B.S. Degree in Industrial Engineering. He is actively involved with the Youth Ministry in his church and is the proud father of three daughters. He also serves on the Board of First Priority of the Emerald Coast, an organization dedicated to furthering student-lead ministry in our public schools.