For the quarter ending 2025-09-30, SMBK has $5,784,983K in assets. $5,246,501K in debts. $557,127K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 60,313 | 71,529 | ||
| Interest-bearing deposits with banks | 462,766 | 276,041 | ||
| Federal funds sold | 34,048 | 17,526 | ||
| Total cash and cash equivalents | 557,127 | 365,096 | ||
| Securities available-for-sale, at fair value | 511,095 | 502,150 | ||
| Securities held-to-maturity (fair value of 109.8 million at sept. 30, 2025 and 108.1 million at dec. 31, 2024) | 123,364 | 124,520 | ||
| Other investments | 14,888 | 14,713 | ||
| Loans held for sale | 9,855 | 5,484 | ||
| Total loans and leases | 4,222,369 | 4,124,062 | ||
| Less allowance for credit losses | 39,074 | 39,776 | ||
| Loans and leases, net | 4,183,295 | 4,084,286 | ||
| Premises and equipment, net | 89,250 | 90,204 | ||
| Other real estate owned | - | 144 | ||
| Goodwill and other intangibles, net | 95,807 | 103,588 | ||
| Bank owned life insurance | 118,610 | 117,697 | ||
| Other assets | 81,692 | 82,981 | ||
| Total assets | 5,784,983 | 5,490,863 | ||
| Noninterest-bearing demand | 931,477 | 906,965 | ||
| Interest-bearing demand | 929,454 | 843,820 | ||
| Money market and savings | 2,218,313 | 2,124,623 | ||
| Time deposits | 971,653 | 996,712 | ||
| Total deposits | 5,050,897 | 4,872,120 | ||
| Borrowings | 1,301 | 6,966 | ||
| Subordinated debt | 138,604 | 39,726 | ||
| Other liabilities | 55,699 | 52,924 | ||
| Preferred stock, 1 par value 2,000,000 shares authorized no shares issued and outstanding | - | 0 | ||
| Total liabilities | 5,246,501 | 4,971,736 | ||
| Common stock, 1 par value 40,000,000 shares authorized 17,028,001 and 16,925,672 shares issued and outstanding, respectively | 17,028 | 17,018 | ||
| Additional paid-in capital | 295,742 | 295,209 | ||
| Retained earnings | 236,380 | 224,061 | ||
| Accumulated other comprehensive loss | -10,781 | -17,274 | ||
| Total shareholders' equity attributable to smartfinancial inc. and subsidiary | 538,369 | 519,014 | ||
| Non-controlling interest - preferred stock of subsidiary | 113 | 113 | ||
| Total shareholders' equity | 538,482 | 519,127 | ||
| Total liabilities and shareholders' equity | 5,784,983 | 5,490,863 | ||
SMARTFINANCIAL INC. (SMBK)
SMARTFINANCIAL INC. (SMBK)