The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 50,347 |
| Depreciation and amortization | 7,590 |
| Amortization of intangibles | 2,150 |
| Provision for credit losses | 7,750 |
| Stock compensation expense | 1,939 |
| Gain (loss) on sale of securities, net | -3,719 |
| Deferred income tax (benefit) expense | -470 |
| Increase in cash surrender value of bank-owned life insurance | 3,608 |
| Net losses from sale and write-downs of other real estate owned and other repossessed assets | -632 |
| Net gains from mortgage banking | 2,565 |
| Origination of loans held for sale | 44,240 |
| Proceeds from sales of loans held for sale | 41,936 |
| Gain from sale of sbki | 3,955 |
| Net loss (gain) from sale/disposal of fixed assets | -14 |
| Accrued interest receivable | 1,450 |
| Accrued interest payable | 3,425 |
| Other assets | -4,114 |
| Other liabilities | -5,604 |
| Net cash provided by operating activities | 61,724 |
| Proceeds from sales | 99,966 |
| Maturities Prepayments And Calls Of Available For Sale | 72,289 |
| Purchases | 215,345 |
| Sale And Maturity Of Held To Maturity | 2,474 |
| Proceeds from sales of other investments | 1,041 |
| Purchases of other investments | 6,319 |
| Proceeds from sale of sbki, net of transaction cost | 11,200 |
| Net increase in loans and leases | 464,342 |
| Proceeds from sale of fixed assets | 123 |
| Purchases of premises and equipment | 2,389 |
| Proceeds from sale of other real estate owned and other repossessed assets | 2,254 |
| Net cash used in investing activities | -499,048 |
| Net increase in deposits | 466,338 |
| Net increase (decrease) in securities sold under agreements to repurchase | -1,126 |
| Proceeds from borrowings | 2,500 |
| Repayment of borrowings | 6,500 |
| Cash dividends paid | 5,452 |
| Redemption of subordinated debt | 40,000 |
| Issuance of subordinated debt, net of issuance costs | 98,566 |
| Issuance of common stock | 153 |
| Restricted shares withheld for taxes | 308 |
| Net cash provided by financing activities | 514,171 |
| Net change in cash and cash equivalents | 76,847 |
| Cash and cash equivalents, beginning of period | 387,570 |
| Cash and cash equivalents, end of period | 464,417 |
SMARTFINANCIAL INC. (SMBK)
SMARTFINANCIAL INC. (SMBK)