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.      

SmartBank Names New Executive Vice President & Chief Administrative Officer

Posted by | May 9, 2018 | News | No Comments
Ron Gorczynski EVP|Chief Administrative Officer

Ron Gorczynski
EVP|Chief Administrative Officer

Knoxville, Tenn. – SmartBank is pleased to announce the hiring of Ron Gorczynski in the role of Executive Vice President & Chief Administrative Officer.

Gorczynski joins the SmartBank team after most recently serving as the Chief Accounting Officer for the Bank of North Carolina (BNC) in High Point, N.C. In this role, he was instrumental in driving BNC’s high growth strategy, both organically and through acquisitions. During his time at BNC, he oversaw the bank’s growth from $1.6 billion in assets to $7.5 billion and had extensive involvement in all aspects of company operations, including completing 15 acquisitions.  Prior to BNC, Gorczynski served as Chief Financial Officer for Square 1 Bank in Durham, N.C.

“We are thrilled to add a leader of Ron’s experience and caliber,” said Billy Carroll, SmartBank President and CEO. “His extensive knowledge surrounding high-growth companies will be of great value to our senior management team as we continue in an active growth pattern.”

As a member of SmartBank’s executive team, Gorczynski will play a key role in providing input on the strategic vision of the bank, as well as oversight of budgeting, forecasting, and analysis. He will assist with investor relations performance and development management, and mergers and acquisitions.

“Ron’s expansive experience in mergers and acquisitions (M&A) aligns perfectly with our short- and long-term plans for growth,” added Carroll. “We expect him to play a crucial role and be a major contributor to our M&A strategy moving forward.”

Gorczynski earned a Bachelor of Science in Business and Public Management from the State University of New York, College of Technology at Utica/Rome.  With over 23 years of financial services experience, he has an extensive background in public accounting and is currently a Certified Public Accountant.

About SmartBank:

SmartFinancial, Inc., based in Knoxville, Tennessee, is the bank holding company for SmartBank.  SmartBank is a full-service commercial bank founded in 2007, with 26 branches and three loan production offices spanning Tennessee, Alabama, and the Florida Panhandle. Recruiting the best people, delivering exceptional client service, strategic branching and a disciplined approach to lending have contributed to SmartBank’s success. More information about SmartBank can be found on its website: www.smartbank.com.