Financial insights of SMBK

MyFinsight

For the year ending 2025-12-31.

Income Statement	2025-12-31
Loans and leases, including fees	248,666
Taxable	20,161
Tax-exempt	1,726
Federal funds sold and other earning assets	15,419
Total interest income	285,972
Deposits	114,747
Borrowings	155
Subordinated debt	4,966
Total interest expense	119,868
Net interest income	166,104
Provision for credit losses	7,750
Net interest income after provision for credit losses	158,354
Service charges on deposit accounts	7,161
Gain (loss) on sale of securities, net	-3,719
Mortgage banking	2,673
Investment services	6,582
Insurance commissions	4,016
Interchange and debit card transaction fees, net	5,275
Gain on sale of sbk insurance ('sbki')	3,955
Other	8,409
Total noninterest income	34,352
Salaries and employee benefits	78,297
Occupancy and equipment	13,686
Fdic insurance	4,002
Other real estate and loan related expense	3,242
Advertising and marketing	1,619
Data processing and technology	10,316
Professional services	4,775
Amortization of intangibles	2,150
Merger related and restructuring expenses	1,326
Other	11,792
Total noninterest expense	131,205
Income before income tax expense	61,501
Income tax expense	11,154
Net income	50,347

Basic EPS	3
Diluted EPS	2.98
Basic Average Shares	16,779,019
Diluted Average Shares	16,896,519