SmartBank announces acquisition of Tuscaloosa, Alabama-based Capstone Bank:
May 22nd, 2017 - SmartFinancial, Inc., parent company of SmartBank (“SmartFinancial”; NASDAQ: SMBK), and Capstone Bancshares, Inc., parent company of Capstone Bank (“Capstone”), jointly announced today the signing of a definitive merger agreement pursuant to which SmartFinancial will acquire Capstone.  Upon the completion of the transaction, the combined company is expected to have assets in excess of $1.5 billion. For the full release, click here.

SmartBank Welcomes Vice President Commercial Lender, Ric Nickelsen

Posted by | March 20, 2017 | News | No Comments
VP | Commercial Lender Ric Nickelsen

VP | Commercial Lender
Ric Nickelsen

PENSACOLA, Fla. – March 20, 2017 – SmartBank is pleased to announce the addition of Ric Nickelsen, Vice President Commercial Lender to its Pensacola Team.

“We are thrilled to welcome Ric to the SmartBank team,” said Pensacola Market Leader and Senior Vice President, Johnnie Wright, “His experience in the financial industry combined with in-depth knowledge and expertise in commercial lending, will contribute greatly to SmartBank’s continued success and growth in the Florida market.”

Nickelsen joins SmartBank with over 20 years of experience in the financial industry, including retail management, commercial lending, credit analysis and wealth management. He is a graduate of Birmingham-Southern College where he received a Bachelor of Science in Accounting. He currently serves as a board member for the West Florida Home Builders Association, as well as serving as a board member and treasurer for the Gulf Coast Citizen Diplomacy Council. In addition, he is actively involved with the Fiesta of Five Flags Board of Governors, and is a 2001 graduate of Leadership Pensacola. In his spare time, he enjoys traveling and spending time with his wife, Lisa, and two sons, Ashton and Brennan.

SmartFinancial, Inc., based in Knoxville, Tennessee, is the bank holding company for SmartBank.  SmartBank is a full-service commercial bank founded in 2007, with thirteen branches and three loan production offices spanning East Tennessee 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: