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.      

Mike Reilly

Posted by | February 13, 2018 | | No Comments

Mike Reilly currently holds the position of emeritus chairman of Randall-Reilly, a Media and Information Company in Tuscaloosa, Alabama. He began working at Randall-Reilly while a student at The University of Alabama. Upon graduating from The University of Alabama with a B.S. degree in 1976, he joined Randall Publishing Company as a fulltime employee, working closely with the company’s chief executive officer, Mr. Pettus Randall III. Mike was a member of the board of directors of the Federal Reserve Bank of Atlanta’s Birmingham Branch from 2009-2012, serving as Chairman of the Birmingham Branch. Mr. Reilly serves on the President’s Cabinet at The University of Alabama. He previously served on the board of directors at the West Alabama Chamber of Commerce, on the board of directors and chaired the boards of the Boys & Girls Club, as well as the United Way of West Alabama and the YMCA of Tuscaloosa. Mr. Reilly served on the board of the North River Yacht Club, American Business Media, and the Boy Scouts Executive Board of West Alabama. He is an alumnus of the Leadership Tuscaloosa Class of 1989. In 2017, he was inducted as a member in the Civic Hall of Fame for the Chamber of Commerce of West Alabama. He was awarded the Nick’s Kids Foundation Lifetime Achievement Award Recipient in 2017.