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 PROMOTES MIKE HONEYCUTT TO REGIONAL PRESIDENT

Posted by | August 30, 2018 | News | No Comments

Mike HoneycuttKnoxville, Tenn. – SmartBank announced today the promotion of Mike Honeycutt, who has been named Regional President, and will oversee the Knox, Sevier, Hamblen and Blount county markets.

Honeycutt has been with SmartBank since 2014, when he was hired as a corporate commercial lending officer, before being promoted to Knoxville Area Market Executive.  Currently, he also serves as the bank’s Director of Treasury Management and will continue in that role.

“During Mike’s tenure at SmartBank, we have experienced an incredible amount of growth and he has played a key role in our growth and continued success,” said Billy Carroll, SmartBank President and CEO. “Not only does he have a deep knowledge of these markets, he also has a great vision for how we can continue to grow and expand in East Tennessee.”

He began his banking career in 1996 and served as Senior Vice President and Market President at BB&T prior to joining SmartBank.

Honeycutt earned a Bachelor of Science in Business Administration with a concentration in Finance from the University of Tennessee. He is active in the community, currently serving in various roles for the United Way of Blount County. Honeycutt is the current chair-elect of the board of directors and chairman of the Community Impact Committee. Previously, he served as treasurer and chairman of the Allocations Committee.

“Mike’s accomplishments and commitment to our clients makes him a valuable asset to our team and the bank,” added Carroll. “We are very pleased to promote him to this new leadership role.”

About SmartBank:

SmartBank is a full-service commercial bank founded in 2007, with 25 branches and four 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.