Ford Issues Major Recall on Over 422,000 Vehicles Due to Windshield Wiper Defect 
Pershing Square Bids €30.40 Per Share to Acquire Universal Music Group in $9.4B Deal 
Apple Turns 50: From Garage Startup to AI Crossroads 
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage 
Deere & Company Agrees to $99 Million Settlement Over Right-to-Repair Dispute 
Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions 
First Western Ship Transits Strait of Hormuz Since Iran War Began 
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 
UPS and Teamsters Reach Agreement to Limit Driver Severance Program 
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure 
Norma Group Posts Revenue Decline in 2025, Eyes Modest Recovery in 2026 
Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit 
Britain Courts Anthropic Amid US Defense Department Dispute 
SpaceX IPO: Retail Investors to Play Historic Role in Record-Breaking Public Offering 
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
SoftwareONE Posts 22.5% Revenue Surge in 2025 on Crayon Acquisition 
ATLANTA, Dec. 01, 2016 -- SouthCrest Financial Group, Inc. (SCSG:PK), a $550 million asset bank holding company providing a century of service to businesses and consumers in the Southeast, announces the appointment of George T. Hovis to its Board of Directors.
Brian D. Schmitt, President and Chief Executive Officer of SouthCrest Financial Group and its subsidiary, SouthCrest Bank N.A, said the appointment is a key component of the firm’s strategy to expand its share of private business banking in the Atlanta region.
“George’s stellar track record of strategically and profitably operating real estate companies through the ups and downs of the economy make him a perfect addition to the Board of Directors as we chart an exciting new course to become a leading private business bank in the Atlanta regional market,” declared Schmitt. “His deep market knowledge, dependable vision and sharp strategic focus will be key elements as we achieve our growth and expansion objectives.”
Schmitt added that Hovis has served “admirably” on the boards of three banking companies Schmitt has led through successful growth initiatives, and their relationship dates to 1990.
In October, respected business growth expert Daniel G. Broos joined the SouthCrest Financial Group board, the second new director to come aboard since Schmitt was named President and CEO of SouthCrest Financial Group in August.
ABOUT SOUTHCREST FINANCIAL GROUP
SouthCrest Financial Group, Inc. is a $550 million asset bank holding company headquartered in Woodstock, Ga. The company operates a 12 branch network throughout Georgia and Alabama through its subsidiary bank, SouthCrest Bank, N.A. The bank provides a full suite of retail, commercial and online banking services.
FORWARD LOOKING STATEMENTS
This presentation may contain certain “forward-looking statements” that are subject to risks, uncertainties, and other factors that could cause actual results and shareholder values to differ materially from those projected. Factors that could cause or contribute to such differences include economic conditions, government regulation and legislation, changes in interest rates, credit quality, competition, and other risk factors.
Media Contact: Andrew Bowen, APR [email protected] 404-822-3309
