For Immediate Release
December 20, 2018
Citizens National Bank
SEVIERVILLE, TN – The Board of Directors of Citizens National Bank (CNB) announced today the promotion of Jason Holliman to President with David Verble continuing as Chief Executive Officer. Holliman has served as Executive Vice President since April 2018, and Chief Financial Officer since 2014. He also serves on the bank’s Board of Directors. He is a graduate of Tennessee Technological University with a Bachelor of Science degree in Business Administration majoring in Accounting and Finance. Holliman is a licensed Certified Public Accountant in Tennessee and is a member of the American Institute of Certified Public Accountants and the Tennessee Society of Certified Public Accountants. He is also a Certified Valuation Analyst and a member of the National Association of Certified Valuators and Analysts. He currently serves on the Tennessee State Collateral Pool board, Sevierville Commons Association board and Sevier County CARES board.
David C. Verble has served as the bank’s President and Chief Executive Officer since 2005. He will continue to serve as the Chief Executive Officer and be responsible for the overall operations of the bank. CNB Chairman of the Board, Billy G. Kilpatrick, stated that Mr. Verble’s leadership has been instrumental to the bank’s success and he looks forward to his continued leadership.
The bank has grown to more than $1 billion in total assets and with this growth comes more regulatory complexities and requirements. Mr. Verble and the Board of Directors believe that making this transition will allow Verble to focus on the strategic direction of the bank as well as providing more availability to meet with customers. Holliman will also be involved in these areas while taking on a larger role in other operational areas of the bank.
The bank has also promoted Anthony Ray to Chief Financial Officer and Senior Vice President. Ray has served as Controller of the bank since 2015. Ray is a graduate of the University of Tennessee, Chattanooga with a Bachelor of Science degree in Business Administration majoring in Accounting. He is a Certified Public Accountant, Certified Fraud Examiner and Certified in Risk Management Assurance. He is a member of the Tennessee Society of Certified Public Accountants, Association of Certified Fraud Examiners and Institute of Internal Auditors.
The Board believes these promotions will help the bank continue to grow and serve the community by providing exceptional service throughout the bank’s extensive branch network as well as online and mobile banking channels.
CNB has 21 branch offices located throughout Sevier, Jefferson and Knox counties with a new branch projected to open in mid-December in Morristown to serve Hamblen County. Founded in 1973, CNB is a full-service community bank with over $1 billion in assets as of September 30, 2018. More information about CNB can be found at CNBTN.com.