From the Macon Telegraph:

The president and CEO of Macon-based Security Bank has resigned, the bank announced Wednesday.

No reason was given for Averett “Rett” Walker’s resignation, and a message left at Walker’s home was not returned.

Walker, 55, who was the bank’s president for 12 years, also resigned his position as director of Security Bank Corp. and its affiliate, Security Bank of Bibb County.

Tony Collins, Security executive vice president and regional executive of Atlanta, has assumed the position of president/CEO on an interim basis, Senior Vice President Lorraine Miller said.

While the bank has faced challenges this year in the residential real estate market, just as many other banks, Walker’s resignation “was not event-driven in that there is something different in the organization today than there was yesterday or a week ago,” Miller said Wednesday. “I can also say this is not something that was at the request of regulators.”

The bank, which has several locations in north-Atlanta has found itself on many most-threatened lists of late after big bets in commercial and residential real estate failed to pay off as expected.

Resign I, originally uploaded by SoZeSoZe.