smbk: the income statement

MyFinsight

SMARTFINANCIAL INC. (SMBK)

For the quarter ending 2025-06-30, SMBK made $78,355K in revenue. $11,705K in net income. Net profit margin of 14.94%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30
Income tax expense	2,556
Other	2,167
Investment services	1,440
Insurance commissions	1,554
Gain (loss) on sale of securities	-4
Mortgage banking	633
Service charges on deposit accounts	1,766
Interchange and debit card transaction fees, net	1,342
Total noninterest income	8,898
Professional services	1,153
Other	3,026
Salaries and employee benefits	19,602
Data processing and technology	2,651
Other real estate and loan related expense	757
Fdic insurance	992
Amortization of intangibles	566
Advertising and marketing	390
Occupancy and equipment	3,432
Total noninterest expense	32,569
Provision for credit losses	2,411
Tax-exempt	395
Taxable	4,848
Loans and leases, including fees	61,049
Federal funds sold and other earning assets	3,161
Total interest income	69,453
Subordinated debt	739
Deposits	28,301
Borrowings	70
Total interest expense	29,110
Net interest income	40,343
Net interest income after provision for credit losses	37,932
Income before income tax expense	14,261
Net income	11,705

Earnings per share, basic	0.7
Earnings per share, diluted	0.69
Weighted average number of shares outstanding, basic	16,778,988
Weighted average number of shares outstanding, diluted	16,878,736

Unit: Thousand (K) dollars (except for numbers of shares and EPS)