Clarkston Financial Corporation, the holding company for Clarkston State Bank and Huron Valley State Bank, has appointed Grant Smith as president and CEO of Clarkston State Bank and CEO of Clarkston Financial Corporation.

Dawn Horner has been named as executive vice president of retail banking business at Clarkston State Bank. Mr Smith previously held the post of president and COO of Clarkston Financial. Ms Horner served as the bank’s president and CEO.

Edwin Adler, board chairman of Clarkston Financial and a founder of Clarkston State Bank, said: Grant Smith showed executive, leadership and business skills over the past two years as the Bank addressed loan and credit-quality issues.

The addition of the new titles both recognizes his contributions to the bank and empowers him to move the bank and the corporation forward. At the same time, the board recognized that we needed additional executive focus on our current and planned branches and on building the Clarkston State Bank brand. Hence, Dawn Horner’s dedicated focus on retail banking, for which she has an admirable track record.