Veteran Private Banker Alisha Nasse joins SouthCrest Bank; New hire is key part of CEO’s Atlanta regional growth strategy

ATLANTA, March 06, 2017 -- Brian D. Schmitt, Chief Executive Officer of SouthCrest Financial Group, Inc. (SCSG:PK), announced today the company has named veteran Private Banker Alisha Nasse  Director of Private Banking for SouthCrest Bank.  

Ms. Nasse’s appointment is a key element of Schmitt’s strategy to grow SouthCrest Bank into a leading commercial, business and private banking provider in the Atlanta metro region.

A veteran of more than 25 years in key positions in the banking and financial services industry, primarily in the Atlanta region, Nasse is a relationship-builder who focuses on providing personal, high touch financial services for high net worth individuals, business owners and serial entrepreneurs.

“I’ve known and respected Alisha for almost a decade, the addition of her skills, her commitment to assisting her clients meet their financial goals and depth of her relationships will be essential to our success as we become a leading business bank serving the primary 13 counties of the metro area,” said Schmitt, a veteran banker known for planning and executing successful growth initiatives.

“I am thrilled to be joining SouthCrest and to being involved in the company's growth plans into the Atlanta market,” said Ms. Nasse. “The company's strategy aligns well with both my clients and my expectations for a financial services provider when there are complex business and personal banking objectives to be met.”

OTHER STRATEGIC MOVES

Nasse’s appointment follows the announcements by Schmitt last fall of the sale of SouthCrest Financial Group’s two bank branches in Alabama and the appointments of leading Atlanta executives Daniel G. Broos and George T. Hovis to its board of directors.

Last month, Schmitt announced the company had leased offices in Midtown Atlanta in the Federal Home Loan Bank of Atlanta building at 1475 Peachtree St. NE 30309, to house its banking and corporate headquarters following regulatory approval and completion of construction.

“These strategic initiatives and others we are planning are designed specifically to develop our capabilities for more solid, sustained growth,” commented Schmitt.

ABOUT SOUTHCREST

SouthCrest Financial Group, Inc. is a $550 million asset bank holding company headquartered in Woodstock, Ga. The company operates a 10 branch network throughout Georgia and Alabama through its subsidiary bank, SouthCrest Bank, N.A.  The bank provides a full suite of retail and commercial banking services 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.  For more information on SouthCrest Financial Group, please contact Andy Borrmann, Chief Financial Officer, at 678.734.3505.

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