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SmartBank acquisition of Sevier County Bank now complete

SmartBank acquisition of Sevier County Bank now complete
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'A measure of sentimentality and sadness'


SEVIERVILLE — Acknowledging “a measure of sentimentality and sadness,” Sevier County Bank President and CEO Bobby Stoffle spoke Wednesday of the announcement of a planned merger with SmartBank.
Pending regulatory reviews, the merger should be completed by the early third quarter of this year. If approved, customers will likely begin seeing changes in the fall such as the SmartBank name on buildings.
“There’s a measure of sentimentality and sadness,” Stoffle said of the move.
Sevier County Bank was established in 1909.
Currently, Sevier County Bank operates six local branches and one in Richmond, Virginia. That location operates as Southern Community Bank. When the announcement was made in November 2020 about the new Virginia location, it marked Sevier County Bank’s first expansion outside the area. ....

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