Touchmark Bancshares, Inc. Announces Conclusion of OCC Formal Agreement with Optimistic Outlook
On February 18, 2026, Touchmark Bancshares, Inc. (OTCID: TMAK), the parent company of Touchmark National Bank, proudly announced the termination of its formal agreement with the Office of the Comptroller of the Currency (OCC). This significant milestone, which went into effect on February 17, 2026, signifies the end of a 22-month enforcement period that began on April 17, 2024.
Bobby Krimmel, the bank's President and CEO, expressed enthusiasm regarding this development, stating, "We are excited to announce the termination of the Formal Agreement with the OCC after 22 months. On behalf of the Board, I would like to thank the OCC for helping Touchmark become the best possible community bank. I look forward to the next chapter of Touchmark with a focus on full relationship banking for entrepreneurs, small and medium-sized businesses with revenue up to $50 million."
This announcement marks a pivotal change for Touchmark National Bank, which was established in 2008 and is located in Alpharetta, Georgia. The bank serves a broad customer base across several counties: Cherokee, Cobb, Dekalb, Forsyth, Gwinnett, and North Fulton. With total assets nearing $418 million and shareholders' equity of $71 million as reported on December 31, 2025, the bank is poised for impressive growth.
The formal agreement with the OCC was intended to address certain regulatory concerns and aided the bank in enhancing its operational standards and overall community service. Touchmark has demonstrated its commitment to resolving these matters effectively, culminating in a restored operational freedom that reflects positively on its management practices and strategic direction.
Looking ahead, Touchmark plans to concentrate on fostering relationships with small and medium-sized enterprises. By targeting firms with revenues of up to $50 million, the bank aims to invoke a stronger partnership-oriented approach in community banking. This strategy will not only benefit local entrepreneurs but will also enhance the overall economic landscape of the regions they serve.
The termination of this formal agreement represents a new chapter of growth and opportunity for Touchmark Bancshares, Inc. and its clientele, reaffirming its status as a vital participant in the community banking sector. For more information about Touchmark Bancshares and its services, individuals are encouraged to visit Touchmark National Bank's website under the Investor Relations section.
Bobby Krimmel, the bank's President and CEO, expressed enthusiasm regarding this development, stating, "We are excited to announce the termination of the Formal Agreement with the OCC after 22 months. On behalf of the Board, I would like to thank the OCC for helping Touchmark become the best possible community bank. I look forward to the next chapter of Touchmark with a focus on full relationship banking for entrepreneurs, small and medium-sized businesses with revenue up to $50 million."
This announcement marks a pivotal change for Touchmark National Bank, which was established in 2008 and is located in Alpharetta, Georgia. The bank serves a broad customer base across several counties: Cherokee, Cobb, Dekalb, Forsyth, Gwinnett, and North Fulton. With total assets nearing $418 million and shareholders' equity of $71 million as reported on December 31, 2025, the bank is poised for impressive growth.
The formal agreement with the OCC was intended to address certain regulatory concerns and aided the bank in enhancing its operational standards and overall community service. Touchmark has demonstrated its commitment to resolving these matters effectively, culminating in a restored operational freedom that reflects positively on its management practices and strategic direction.
Looking ahead, Touchmark plans to concentrate on fostering relationships with small and medium-sized enterprises. By targeting firms with revenues of up to $50 million, the bank aims to invoke a stronger partnership-oriented approach in community banking. This strategy will not only benefit local entrepreneurs but will also enhance the overall economic landscape of the regions they serve.
The termination of this formal agreement represents a new chapter of growth and opportunity for Touchmark Bancshares, Inc. and its clientele, reaffirming its status as a vital participant in the community banking sector. For more information about Touchmark Bancshares and its services, individuals are encouraged to visit Touchmark National Bank's website under the Investor Relations section.
Topics Financial Services & Investing）
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