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Touchmark Bancshares CEO Bobby Krimmel Takes Over Chief Lending Duties Following Executive Departure

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TMAK$10.99 −1.31%

Touchmark Bancshares, Inc. (TMAK) announced that Executive Vice President and Chief Lending Officer Addam Taussig has departed the company. President and Chief Executive Officer Bobby Krimmel has assumed the duties of chief lending officer immediately to maintain executive continuity.

The executive transition consolidates core credit risk oversight and lending operations directly under the chief executive officer. For a small community institution with $416 million in assets and $72 million in equity reported as of June 30, 2026, shifts in lending leadership can carry weight for overall credit management and loan growth. Shares of the company traded down 1.31% to $10.99 following the update.

Investors will be watching for further updates on whether the bank plans to recruit a permanent chief lending officer or retain the combined duties, as well as tracking future credit performance and lending trends.

Key points

  • Executive Vice President and Chief Lending Officer Addam Taussig has left Touchmark Bancshares.
  • President and CEO Bobby Krimmel immediately took over chief lending officer responsibilities.
  • Touchmark Bancshares reported $416 million in assets and $72 million in equity as of June 30, 2026.
  • OTC:TMAK shares fell 1.31% to $10.99 following the leadership announcement.

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Questions and answers

Who is taking over lending duties at Touchmark Bancshares?

President and Chief Executive Officer Bobby Krimmel has assumed chief lending officer duties immediately following the departure of Addam Taussig.

Why did Addam Taussig leave Touchmark Bancshares?

The company announced executive vice president and chief lending officer Addam Taussig departed, but specific reasons for his departure were not disclosed.

What are Touchmark Bancshares total assets?

Touchmark Bancshares reported total assets of $416 million and equity of $72 million as of June 30, 2026.