1 EXHIBIT 21 SUBSIDIARIES OF THE REGISTRANT Subsidiaries Percentage Owned State of Incorporation - ------------ ---------------- ---------------------- Greene County Bank 100% Tennessee Premier Bank of East Tennessee(2) 100% Tennessee American Fidelity Bank(1) 100% Tennessee SUBSIDIARIES OF GREENE COUNTY BANK Superior Financial Services, Inc. 100% Tennessee Superior Mortgage Company 100% Tennessee GCB Acceptance Corporation 100% Tennessee Fairway Title Company 100% Tennessee (1) Currently dormant following combination of business operations into Greene County Bank in 1996 and survival of charter only under Tennessee law. (2) Currently dormant following combination of business operations into Greene County Bank in 1998 and survival of charter only under Tennessee law. On March 15, 1999, the Company entered into an agreement with an unrelated third party to sell the charter of Premier Bank of East Tennessee.