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Stoffle formally approved as CEO, president of SCB

NEWS RELEASE
FOR IMMEDIATE RELEASE
Contact(s):

 

Bobby R. Stoffle   James Temple Jr.
CEO & President   Board of Directors Chairman
Sevier County Bank   Sevier County Bank
865.453.6101   865.453.6101




 

SEVIERVILLE, TN – Bobby R. Stoffle has been formally confirmed as chief executive officer, president and director of Sevier County Bank and its holding company Sevier County Bancshares, by the FDIC, the Tennessee Department of Financial Institutions and the Federal Reserve. Each of the financial regulatory agencies agreed with the respective board’s April 26, 2018 recommendation of Stoffle to lead the bank.

Stoffle, who joined SCB in 2005 as vice-president of special financial and tax projects, has served as the bank’s chief financial officer and a member of its executive management team since 2011. The Sevier County native is a certified public accountant with more than 30 years of professional tax, audit and banking experience.

"Bobby’s perspective as a lifetime Sevier County resident, combined with his 29-year professional relationship with Sevier County Bank, uniquely qualifies him to lead our organization," said board chairman James Temple, Jr. "He has the Board’s utmost confidence."

Stoffle is a decorated USAF veteran, University of Tennessee graduate (Master of Accountancy), Leadership Sevier graduate, and has served on many community, church and professional organizations and boards, including the TSCPA Financial Institutions Task Force, ETSU Accounting Advisory Board, Little League Baseball & Softball leagues, Crown Financial Ministries, and Hope Resource Center. He was a principal with the regional public accounting firm PYA (Pershing Yoakley & Associates) before joining SCB, where he provided tax and accounting advice and regularly served as a speaker at professional and civic events.

"I am both honored and humbled by our directors’ entrusting me to lead this venerable institution, as we continue serving our customers, shareholders and the community," Stoffle said. "We’ve made tremendous progress over the past seven years, in both continuing the SCB legacy and providing the up-to-date products and services expected by our customers. None of our achievements would have been possible without the commitment of our employees; I look forward to meeting future challenges with the support of the SCB team."