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.”


Chattanooga Business Calendar Nov. 29 to Dec. 6

MO/1 Reality Check - Bethel Christian Academy 1:30 p.m. to 2:30 p.m. Bethel Christian Academy: 3001 Hamill Rd. Reality Check teaches 9th graders budgeting and emphasizes the connection between education and income by allowing students to role-play as heads of household while trying to provide for their families on a set budget. Community volunteers are needed to assist ... (click for more)

October 2014 County Unemployment Rates

County unemployment rates for October 2014, released today, show the rate decreased in 80 counties, increased in 10 counties, and remained the same in five counties. Specific county information for October is available here .  Knox County had the state’s lowest major metropolitan rate in October at 5.1 percent, down from 5.4 in September. Davidson County was 5.2 percent ... (click for more)

1 Dies, 1 Critically Injured In North Chattanooga House Fire

For the second time in three days, a house fire has resulted in tragedy with a 35-year-old woman dying and a man critically injured in North Chattanooga. At 10:13 a.m. on Wednesday, Chattanooga firefighters were dispatched to a reported house fire with entrapment at 220 Houser St. The first firefighters on the scene saw flames shooting out windows and part of the roof. Having ... (click for more)

Appeal Dropped In $25 Million Lawsuit Filed Against Hennen's Restaurant By Lisa Barnes

An appeal has been dropped of a Circuit Court jury verdict that found Hennen's Restaurant not at fault in a $25 million lawsuit brought by Lisa Barnes. Circuit Court officials said the appeal was "voluntarily" dropped. It had been set to be reviewed by the Tennessee Court of Appeals. The verdict in the courtroom of Judge Neil Thomas in early February came at the end of ... (click for more)

Lawlessness At Heritage Park

As a frequent visitor at Heritage Park in East Brainerd, I must say that the situation is becoming slightly out of control.  To start, parking is atrocious.  The unpaved lot contains nothing but loose gravel which has naturally given way to divots in the ground assuring you a few bumps.  Why isn't this area smoothed out?  It's not worth parking there anyways ... (click for more)

Roy Exum: A Grand Thanksgiving Feast

I’m not really sure how it all came about but a few days before Thanksgiving last year, what was usually a crowded table had dwindled down to just Mother, Aunt Martha and me. Just the idea of getting dressed up made both of them tired, which happens when you are 89 and 87, respectively, and the thought of preparing the traditional feast brought only further groans so I announced ... (click for more)