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Southwest Georgia Financial Corporation Announces Management Changes.


MOULTRIE, Ga. -- Southwest Georgia Financial Corporation (AMEX AMEX

See: American Stock Exchange
: SGB):

* C. Wallace Sansbury promoted to Executive Vice President of Southwest Georgia Bank

* Charles R. Lemons appointed Executive Vice President of Empire Financial Services

Southwest Georgia Financial Corporation (AMEX: SGB), the parent company of Southwest Georgia Bank, today announced that C. Wallace Sansbury has been promoted to Executive Vice President of Southwest Georgia Bank and Southwest Georgia Financial Corporation effective December 20, 2006. He has been employed with Southwest Georgia Bank for ten years serving as division head of the commercial and agricultural credit division and most recently as manager of the financial institutions department. Mr. Sansbury's previous banking experience includes 27 years with Citizens and Southern National Bank in Valdosta, Albany and Moultrie, Georgia, as well as three years with Regions Bank in Ellijay, Georgia. He is a native of Adel, Georgia, and a graduate of Valdosta State University Valdosta State University is a public university located in the city of Valdosta, Georgia, in the United States, and is part of the University System of Georgia. Degree levels offered at VSU include: Associate's, Bachelor's, Master's, Education Specialist, and Doctoral. .

Mr. DeWitt Drew, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Southwest Georgia Financial, commented, "Wallace has been a strong contributor to the change and progress we have been through over the last five years. With Wallace becoming a member of the executive management group, we can continue to tap his experience and knowledge while advancing our strategy to expand Southwest Georgia Financial beyond our current geographical area."

The Company also announced that Charles R. Lemons has been appointed Executive Vice President of Empire Financial Services, Inc., the Company's commercial mortgage banking services division located in Milledgeville, Georgia, where he will be responsible for the division's mortgage sales and production. His previous banking experience includes 15 years with Branch Banking and Trust in Hickory, North Carolina Hickory is a city in Catawba County, North Carolina, United States. Hickory has the 162nd largest urban area in the United States. It is the economic, social, and cultural center of the Catawba River Valley. , where he most recently held the position of Business Banking Manager and Senior Vice President for the Company's Western North Carolina Western North Carolina (often abbreviated as WNC) is the region of North Carolina which includes the Appalachian Mountains, thus it is often known geographically as the state's Mountain Region.  Region. He was also a Corporate Banker and Middle Market Lender for SunTrust Bank for 12 years in Roanoke, Virginia, and a Commercial Lender and Branch Manager in Winston Salem, North Carolina This article is about Salem in Burke County, North Carolina. For the Salem in Forsyth County, North Carolina, see Winston-Salem, North Carolina or Old Salem.
Salem is a census-designated place (CDP) in Burke County, North Carolina, United States.
, for eight years. He joined Southwest Georgia Financial on January 8, 2007.

Mr. Lemons holds a bachelor of business administration “BBA” redirects here. For other uses, see BBA (disambiguation).

The Bachelor of Business Administration (BBA) is a bachelor's degree in business studies.
 degree from Averett University in Danville, Virginia. He graduated from Robert Morris Commercial Lending School in Greenville, North Carolina

For other places with the same name, see Greenville.


Greenville, one of the fastest growing cities in North Carolina, is the county seat of Pitt County, and is the principal city of the Greenville, North Carolina Metropolitan Statistical Area.
 and the Carolina School of Banking in Chapel Hill, North Carolina Chapel Hill is a town in North Carolina and the home of the University of North Carolina at Chapel Hill (UNC-CH), the oldest state-supported university in the United States. As of the 2000 census, it had a population of 48,715. As of 2004 its estimated population was 52,440. . He was awarded his graduate banking degree in 2003 from the Louisiana State University Louisiana State University and Agricultural and Mechanical College, generally known as Louisiana State University or LSU, is a public, coeducational university located in Baton Rouge, Louisiana and the main campus of the Louisiana State University System.  Graduate School of Banking in Baton Rouge, Louisiana For the Canadian restaurant, see .
Baton Rouge (from the French bâton rouge), pronounced /ˈbætn ˈɹuːʒ/ in English, and
.

Mr. Drew noted, "Charlie brings a wealth of experience and new ideas to our mortgage banking business and is a critical component to our succession planning. He's a great addition to the team."

About Southwest Georgia Financial Corporation

Southwest Georgia Financial Corporation is a state-chartered bank holding company with approximately $290 million in assets headquartered in Moultrie, Georgia. Its primary subsidiary, Southwest Georgia Bank, offers comprehensive financial services to consumer, business, and governmental customers. The current banking facilities include the main office located in Colquitt County and branch offices located in Baker County, Thomas County, and Worth County. The bank provides, in addition to conventional banking services, investment planning and management, trust management, mortgage banking and commercial and individual insurance products. Insurance products and advice are provided by Southwest Georgia Insurance Services which has an office in Colquitt County. Mortgage banking for primarily commercial properties is provided by Empire Financial Services, Inc., a mortgage banking services firm.

More information on Southwest Georgia Financial Corp. and Southwest Georgia Bank can be found at its website: www.sgfc.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 1, 2007
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