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Lineage beefs up board with Brockman nashvillepost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nashvillepost.com Daily Mail and Mail on Sunday newspapers.
Lineage recruits senior VP nashvillepost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nashvillepost.com Daily Mail and Mail on Sunday newspapers.
Herrington the former CEO of Franklin Financial Network and Civitas BankGroup, among others and his team launched Lineage shortly before the COVID-19 pandemic arrived and about a year after Herrington resigned from Franklin Financial. They announced agreements to buy Sumner Bank & Trust in Gallatin and Citizens Bank & Trust in Atwood, 80 miles west of Dickson, and said they were scouting for other Tennessee community bank deals. The deal for Citizens which has assets of about $27 million and essentially broke even in 2020 has closed, but the Sumner transaction fell apart late last summer, Herrington said, because institutional investors stepped away from projects amid the uncertainty of the pandemic. ....