BNET Industries
Market Cap:$51.3M
Last Fiscal Year Sales:$204.1M
- Public
- US
Dow Jones Description
Greene County Bank was founded in 1890 and opened for business on February 20, 1891. The Bank's first president, W.H. O'Keefe, conceived the idea of establishing a bank with the basic principle of making handling money easier for customers. O'Keefe served as Greene County Bank's president for 15 years, building its first location in Greene County, Tennessee in 1893. The main office branch is still located on North Main Street and after several years of change and growth, was rebuilt in 1926. This building has gone through remodeling over the years, but still serves as Greene County Bank's Main Office for operations and customer service. Greene County Bank started expansion in 1962 with a branch location on Tusculum Boulevard in Greeneville and has continued with steady growth and expansion since. In 1985, Greene County Bancshares, Inc. became the holding company for Greene County Bank. With total assets of approximately $1.7 billion, Greene County Bancshares is the third largest bank holding company headquartered in the state of Tennessee. In 2007, Greene County Bank elected to consolidate its numerous banking brands under the name GreenBank. GreenBank is a Tennessee chartered commercial bank with its principal executive offices in Greeneville, Tennessee and currently has over 60 branch locations throughout East and Middle Tennessee, including a branch in Western North Carolina and a branch in Bristol, Virginia. GreenBank is one of the largest independent commercial banks...
Chief Executive Officer
R. Stan PuckettNumber of Employees 737
Contact Information
100 N Main St
Greeneville, Tennessee 37743-4992
(423) 639-5111
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Niswonger Repeats Concerns/Proposals In New Letter
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Niswonger Challenges Bankshares Board To Sell New Stock
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Puckett to retire from Green Bank
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Green Bankshares chairman and CEO to retire
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Puckett to retire as GreenBank Chairman/CEO
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Dynamic Card Solutions' CardWizardR Selected by GreenBank to Instantly Issue MasterCardR...
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GreenBank Execs Attend N.Y. Investor Conference
News & Analysis
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greene county bancshares inc. - All News and Analysis
Watching Over Greene County Bancshares Inc. in 2007.
M2 PRESSWIRE-16 May 2007-www.streetinvesting.com: Watching Over Greene County Bancshares Inc. in 2007C1994-2007 M2 COMMUNICATIONS LTD RDATE:16052007 Please visit www.Streetinvesting.com for the full report. Wall Street finished with mixed results again on Tuesday, as an unimpressive picture of the housing...
Greene County Bancshares Declares Regular Quarterly Cash Dividend of $0.12 Per Share
GREENEVILLE, Tenn. -- Greene County Bancshares, Inc. (NASDAQ/NM: GCBS), the third largest bank holding company headquartered in the state of Tennessee, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.12 per share, payable on June 27, 2006, to shareholders of record as of...
Greene County Bancshares to Participate in the Southeast 2006 Super-Community Bank Conference
GREENEVILLE, Tenn. -- Greene County Bancshares, Inc. (NASDAQ/NM: GCBS), the second largest bank holding company headquartered in the state of Tennessee, today announced that its management will participate in the Southeast 2006 Super-Community Bank Conference, which takes place February 6-7 in Atlanta. Stan Puckett, Chairman and Chief Executive Officer, and...
Greene County Bancshares Names Two New Directors
GREENEVILLE, Tenn. -- Greene County Bancshares, Inc. (NASDAQ/NM: GCBS) today announced that Martha M. Bachman (age 50) and Robert K. Leonard (age 38) have been named to the Company's Board of Directors. These appointments expand the Company's Board to include 14 directors. Bachman, a former teacher with the Greene...
Greene County Bancshares Extends Share Repurchase Plan
GREENEVILLE, Tenn. -- Greene County Bancshares, Inc. (NASDAQ:GCBS) today announced that its Board of Directors has extended the Company's current stock repurchase plan for an additional year. The plan is now set to expire on December 1, 2006, or earlier if the authorized amount is reached. The Company implemented...
Greene County Bancshares Declares Regular Quarterly Dividend of $0.12 Per Share and Increases Special Year-end Dividend to $0.14 Per Share
GREENEVILLE, Tenn. -- Greene County Bancshares, Inc. (NASDAQ/NM: GCBS) today announced that its Board of Directors has declared a regular quarterly dividend of $0.12 per share, payable on December 16, 2005, to shareholders of record as of December 2, 2005. Additionally, the Board has declared a special year-end dividend...
Greene County Bancshares Names Jim Adams as CFO Designate
GREENEVILLE, Tenn. -- Greene County Bancshares, Inc. (NASDAQ:GCBS) today announced that James E. Adams will join the Company as Senior Vice President and Chief Financial Officer Designate. Adams will replace William F. Richmond as Chief Financial Officer upon Richmond's retirement at the end of 2005. Commenting on the announcement,...
Greene County Bancshares Issues 274,957 Additional Shares of Common Stock as Underwriters Exercise Over-Allotment Option
GREENEVILLE, Tenn. -- Greene County Bancshares, Inc. (NASDAQ/NM: GCBS), today announced that the underwriters in its underwritten public offering have exercised their option to acquire an additional 274,957 shares of the Company's common stock to cover over-allotments. On September 28, 2005, the Company completed the sale of 1,833,043 shares...
Greene County Bancshares Reports 14% Higher Third Quarter Earnings
GREENEVILLE, Tenn. -- Greene County Bancshares, Inc. (NASDAQ/NM: GCBS) today announced record results for the third quarter and nine-month period ended September 30, 2005. These results continued to reflect the strong momentum seen in the Company's operations during the first half of the year, underscoring ongoing expansion in new Middle...
Greene County Bancshares Subsidiary, Greene County Bank, Completes Acquisition of Five Branches in Clarksville, Tennessee, From Old National Bank
GREENEVILLE, Tenn. -- Greene County Bancshares, Inc. (NASDAQ/NM: GCBS) today announced that its bank subsidiary, Greene County Bank, has completed the previously announced purchase of five branch offices in Clarksville, Tennessee, from Old National Bank, a subsidiary of Old National Bancorp (NYSE: ONB). In the acquisition, Greene County Bank assumed...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| R. Stan Puckett | Chief Executive Officer |
| Kenneth R. Vaught | President & COO |
| Adams Bill | Senior Vice President & CIO |
| James E. Adams | Executive Vice President, Chief Financial Officer and Assistant Secretary |
| Steve Ottinger | Senior V.P. & Chief Human Reso |
| Steven L. Droke | Senior Vice President and Chief Credit Officer |
| William C. Adams | Senior Vice President and Chief Information Officer |
| Allen R. Jones | Senior Vice President & Commercial Loan Officer |
| Ellen D. Lucia | Senior Vice President, Admin |
| Gary R. Pollard | Senior Vice President, Commercial Lending |
| Stephen E. Nelson | Senior Vice President, Lending |
| Stephen J. Nelson | Senior Vice President |
| Charles McEntee | Vice President & Mortgage Officer |
| John Olivett | Vice President, Operations |
| Perry M. Lasher | Vice President, Comm Services |
| Rebecca Main | Vice President, Director, Hr & Assistant Secretary |
| Robert Sheehan | Vice President, Operations |
| Timothy Bartholomew | Vice President, Investment Services |
| Trisha Lamb | Assistant Vice President & Mortgage Officer |
| Martha Keeler | Marketing Director |
| Ronald E. Mayberry | Director, Regional Executive, Sumner County |
| Barbara Spring | Manager, Loan Services |
| Carmela Hendricks | Manager, Operations |
| Frank Snyder | Senior Vice President & Retail Banking Manager |
| Nora F. Rubino | Branch Manager |
| Rick Fernandez | Manager, Info Sys |
| Betsy Darrow | Controller |
| Phil M. Bachman | Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| John Tolsma | Chairman |
| Terry Leonard | Chairman |
| Bruce Campbell | Board of Directors |
| Charles H. Whitfield | Board of Directors |
| Dennis R. Grady | Board of Directors |
| Lane Turtle Point | Board of Directors |
| Martha M. Bachman | Board of Directors |
| Robert K. Leonard | Board of Directors |
| Samuel E. Lynch | Board of Directors |
| W. T. Daniels | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| The Greene County Bank | Chief Executive Officer | Current |
| Greene County Bancshares Inc. | Chief Executive Officer | Current |
| Federal Home Loan Bank of Cincinnati Inc. | Chairman and CEO, Greenbank | Current |
| The Greene County Bank | Chairman | Current |
| Greene County Bancshares Inc. | Chairman | Current |
| Greenbank | President | Former |
| The Greene County Bank | President | Former |
| Greene County Bancshares Inc. | President | Former |
| Federal Home Loan Bank of Cincinnati Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | President & COO | Current |
| Greene County Bancshares Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Senior Vice President & CIO | Current |
James E. Adams (Jim) joined the Company in December 2005 and assumed the role of Senior Vice President, Chief Financial Officer and Assistant Secretary of the Company and the Bank on January 1, 2006. Mr. Adams was promoted to Executive Vice President and Chief Financial Officer of the Company in May 2007. Prior to joining the Company, Mr. Adams served as Executive Vice President and Chief Financial Officer of Rurban Financial Corporation from 2003 to 2005. Prior to that, he was retired after having served as Executive Vice President and Chief Financial Officer of Integra Bank Corporation from 1999 through 2002; and Executive Vice President and Chief Financial Officer of MainStreet Financial Corporation from 1994 to 1999. He has held executive management positions at several multi-billion dollar bank holding companies, which have subsequently been acquired, since 1978. Mr. Adams began his career in 1970 as a Certified Public Accountant upon graduation from Michigan State University. He has co-authored two books used throughout the financial services industry and was appointed to serve a three year term on the Finance and Accounting Commission of the Bank Administration Institute in the mid 80’s.
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Executive Vice President, Chief Financial Officer and Assistant Secretary | Current |
| Rurban Financial Corp. | Chief Financial Officer | Former |
| Rurban Financial Corp. | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Senior V.P. & Chief Human Reso | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Senior Vice President and Chief Credit Officer | Current |
| University of Virginia | B.S. In Finance | Former |
| East Tennessee State University | Former |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Senior Vice President and Chief Information Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Senior Vice President & Commercial Loan Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Senior Vice President, Admin | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Senior Vice President, Commercial Lending | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Senior Vice President, Lending | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Vice President & Mortgage Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Vice President, Comm Services | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Vice President, Director, Hr & Assistant Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Vice President, Investment Services | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Assistant Vice President & Mortgage Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Marketing Director | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Director, Regional Executive, Sumner County | Current |
| Greene County Bancshares Inc. | Regional Executive | Current |
| Com South, Inc. | Former | |
| Middle Tennessee State University | Former |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Manager, Loan Services | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Manager, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Senior Vice President & Retail Banking Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Manager, Info Sys | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Secretary | Current |
| Greene County Bancshares Inc. | Board of Directors | Current |
John Tolsma is President and founder of Knoxville, Tennessee-based Erroyo, an educational multimedia firm.
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Forward Air Corporation | President, Chief Executive Officer and Chairman of the Board | Current |
| Greene County Bancshares Inc. | Board of Directors | Current |
| Forward Air Corporation | Director | Former |
Charles H. Whitfield is the President and Chief Executive Officer of Loughlin Memorial Hospital.
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Board of Directors | Current |
Martha M. Bachman, a former teacher with the Greene County School System, is co-owner of Elmwood Farm in Greene County, the oldest continually operated family farm in Tennessee.
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Board of Directors | Current |
Robert K. Leonard is an entrepreneur who owns and serves as president of three manufacturing businesses, including LMR Plastics, and is a partner in a commercial warehouse leasing venture. A Certified Public Accountant, Leonard previously performed audit services with KPMG Peat Marwick, LLP in Nashville.
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Board of Directors | Current |
Dr. Lynch is President and Chief Executive Officer of Franklin, Tennessee-based BioMimetic Therapeutics, Inc., a biopharmaceutical company that develops and commercializes innovative protein-device combination products to promote the healing of injuries and diseases of the skeleton and associated tissues, including orthopedic, spine and sports injury applications.
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Board of Directors | Current |
W. T. Daniels is involved in property management.
| Organization | Position | Status |
|---|---|---|
| Greene County Bancshares Inc. | Board of Directors | Current |
Executive News
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Green Bankshares chairman and CEO to retire
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Puckett To Retire From GreenBank
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Green Bankshares' CEO to retire
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Green Bankshares CEO to retire
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Green Bankshares Says Stan Puckett To Retire As Chairman, CEO On March 31, 2010 - Quick Facts
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Green Bankshares Announces the Upcoming Retirement of CEO Stan Puckett
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Puckett to retire from Green Bank
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Dynamic Card Solutions' CardWizard(R) Selected by GreenBank to Instantly Issue MasterCard(R)...
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Dynamic Card Solutions' CardWizard(R) Selected by GreenBank to Instantly Issue MasterCard(R) Unembossed Debit Cards
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Dynamic Card Solutions CardWizard Selected by GreenBank to Instantly Issue MasterCard Unembossed Debit Cards
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