First Security Group Announces Knoxville, Tennessee Market Additions

Saturday, February 08, 2014

FSGBank, National Association, the wholly-owned community bank subsidiary of First Security Group, Inc., announced Robert Baird as senior vice president – market executive for the Knoxville, Jefferson City and Cookeville markets. FSGBank also announced the establishment of a dedicated investor commercial real estate (“iCRE”) position. David Haynes, who previously served as the Knoxville market executive, has assumed the new role with enhanced responsibility of iCRE throughout all FSGBank markets.

Mr. Baird joins FSGBank from First Century Bank in Tazewell, Tenn., where he served as executive vice president and chief lending officer. Mr. Baird brings over 35 years of banking experience, including nearly 25 years with SunTrust Bank in the Knoxville market. Joining Mr. Baird are two additional commercial banking officers, Tommy Schmid and Jared Palazzola. Mr. Schmid and Mr. Palazzola have over 35 years of collective banking experience.

“With the addition of Robert, Tommy and Jared to our existing team, we believe we can substantially grow our market share in Knoxville,” said Michael Kramer, president and CEO of FSGBank. “While we are headquartered in Chattanooga, Knoxville is an equally important market for our long-term growth and success.” 

Mr. Haynes, managing director – Investor Commercial Real Estate, has nearly 40 years of banking experience, including the last 12 years at FSGBank. Mr. Haynes will coordinate the origination, structure, and monitoring of all new investor commercial real estate loans and certain existing iCRE relationships.

“David brings a wealth of knowledge and experience from his extensive banking career which includes leadership roles in credit, special assets and commercial banking,” said Mr. Kramer. “As the economy continues to recover and grow, we are once again seeing investor commercial real estate transactions throughout our markets. With a dedicated resource of David’s stature, we believe we can identify iCRE transactions that, with proper structuring and monitoring, can fit within our risk parameters.”

“We previously announced various niche lending initiatives that will enhance our ability to achieve our desired loan growth,” said Mr. Kramer. “While the niche lending initiatives are important, our core East Tennessee markets are robust and can provide strong organic loan growth. We believe today’s announcements strengthens our ability to achieve that growth in Knoxville and throughout our footprint.”


Undercover Hostess Launches New Website

Undercover Hostess, the women-owned startup which creates and rents stylish party supplies, announced the launch of their new website,  www.undercoverhostess.com  on Tuesday, Sept. 30. The company debuted a unique and innovative concept for hosting parties: beautifully detailed party kits that customers rent, and are then delivered right to their door.   ... (click for more)

Scott Miller Joins LBMC

LBMC, PC, has added Scott Miller to the Accounting and Assurance services team. Mr. Miller serves as a staff accountant within the LBMC Accounting and Assurance team working with companies in the manufacturing, not-for-profit, and real estate industries. Prior to LBMC, Mr. Miller worked as an intern for both Kraft CPA’s and Parker, Parker & Associates. He earned both ... (click for more)

Attorneys For Life Care Centers Of America Seek Direct Appeal On Key Issue In Federal Lawsuit

Attorneys for Life Care Centers of America are seeking a direct appeal to the Sixth Circuit Court of Appeals on a key issue in the case in which the federal government is seeking millions of dollars in reimbursements, plus treble damages, against the Cleveland, Tn.,-based firm. The attorneys want to appeal a decision by Federal Judge Sandy Mattice that would allow the testimony ... (click for more)

Couple Die In Wreck In Marion County After Vehicle Goes Off Highway In A Curve

Two people died in a wreck in Marion County late Saturday night. The victims were identified as Glenda White, 33, of Palmer, Tn., and Jeremy Braden, 28, of Gruetli Laager, Tn. Both were ejected from their vehicle. They ran off the left side of Highway 108 at a curve while going north. The vehicle went through a fence into a field, before striking a tree and then coming ... (click for more)

Frances Pope Is The Only Answer For East Ridge Mayor

The time is upon us to stand together for a change, a changing of the guard for the better.  A time to elect officials that will actually listen to all the citizens that have concerns. A time to come together to watch East Ridge grow with new development. A time to elect the people in charge of the direction the city goes. A time when community involvement is essential. ... (click for more)

Roy Exum: UT Ain’t Heard Nothing Yet!

Just moments before Florida would seal a football 10-9 victory over Tennessee in early October, the student section in Neyland Stadium stooped to a new low when it vociferously chanted, “F*** you, Florida! F*** you, Florida!” It was shocking, a loud and vulgar display of all that sportsmanship isn’t, and served as a great embarrassment to Knoxville and the university. Jimmy Cheek, ... (click for more)