2024 Q3 Form 10-K Financial Statement

#000155837024012781 Filed on September 13, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2024
Revenue $67.38M $64.67M $248.4M
YoY Change 15.96% 19.13% 40.79%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.505M $2.587M $10.09M
YoY Change 74.08% 2.99% 105.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $15.84M $16.96M $63.11M
YoY Change -4.83% -13.02% 27.59%
Income Tax $3.377M $3.430M $12.93M
% Of Pretax Income 21.33% 20.22% 20.48%
Net Earnings $12.46M $13.53M $50.18M
YoY Change -5.27% -12.67% 28.51%
Net Earnings / Revenue 18.49% 20.92% 20.2%
Basic Earnings Per Share $1.10 $1.19 $4.42
Diluted Earnings Per Share $1.10 $1.19 $4.42
COMMON SHARES
Basic Shares Outstanding 11.28M 11.36M 11.29M
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q3 2024 Q2 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $75.35M $60.90M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $96.09M $95.95M $95.95M
YoY Change 1.45% 3.85% 3.85%
Goodwill $50.73M $50.73M
YoY Change 0.0% -0.09%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $4.729B $4.604B $4.604B
YoY Change 5.8% 5.6% 5.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.14M $31.24M $31.24M
YoY Change 5.93% 20.75% 20.75%
Accrued Expenses $7.048M $6.669M $6.669M
YoY Change -17.08% 8.88% 8.88%
Deferred Revenue
YoY Change
Short-Term Debt $15.00M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $53.19M $37.91M $37.91M
YoY Change 40.35% 18.48% 18.48%
LONG-TERM LIABILITIES
Long-Term Debt $23.17M $23.16M $23.16M
YoY Change 0.3% 0.22% 0.22%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $23.17M $23.16M $23.16M
YoY Change 0.3% 0.22% 0.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $53.19M $37.91M $37.91M
Total Long-Term Liabilities $23.17M $23.16M $23.16M
Total Liabilities $4.224B $4.116B $4.116B
YoY Change 5.17% 5.15% 5.15%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $120.0K $120.0K
YoY Change 0.84% 0.84%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $505.6M $488.7M $488.7M
YoY Change
Total Liabilities & Shareholders Equity $4.729B $4.604B $4.604B
YoY Change 5.8% 5.6% 5.6%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2024
OPERATING ACTIVITIES
Net Income $12.46M $13.53M $50.18M
YoY Change -5.27% -12.67% 28.51%
Depreciation, Depletion And Amortization $2.505M $2.587M $10.09M
YoY Change 74.08% 2.99% 105.0%
Cash From Operating Activities $9.992M $15.22M $70.27M
YoY Change -29.66% -32.82% 13.29%
INVESTING ACTIVITIES
Capital Expenditures $1.431M $1.922M $9.047M
YoY Change 0.28% 5.95% 49.81%
Acquisitions
YoY Change
Other Investing Activities -$99.20M -$71.55M -$236.7M
YoY Change 37.29% -48.1% 14.14%
Cash From Investing Activities -$100.6M -$73.47M -$245.7M
YoY Change 36.57% -47.4% 15.15%
FINANCING ACTIVITIES
Cash Dividend Paid $2.594M $9.526M
YoY Change 8.99% 10.36%
Common Stock Issuance & Retirement, Net $1.000K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 105.1M -49.12M 182.4M
YoY Change 12.16% -187.01% 53.85%
NET CHANGE
Cash From Operating Activities 9.992M 15.22M 70.27M
Cash From Investing Activities -100.6M -73.47M -245.7M
Cash From Financing Activities 105.1M -49.12M 182.4M
Net Change In Cash 14.44M -107.4M 6.925M
YoY Change -57.79% 77.24% -121.09%
FREE CASH FLOW
Cash From Operating Activities $9.992M $15.22M $70.27M
Capital Expenditures $1.431M $1.922M $9.047M
Free Cash Flow $8.561M $13.30M $61.22M
YoY Change -33.0% -36.19% 9.35%

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CY2024Q2 us-gaap Assets Of Wholly Owned Real Estate Investment Subsidiaries
AssetsOfWhollyOwnedRealEstateInvestmentSubsidiaries
1400000000
CY2024 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><i style="font-style:italic;">Use of Estimates. </i>The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><span style="color:#212529;">Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for credit losses.</span></p>
CY2024 smbc Term Of Interest Bearing Deposits
TermOfInterestBearingDeposits
P3Y
CY2024 smbc Number Of Loan Segments
NumberOfLoanSegments
24
CY2024 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2024 us-gaap Finite Lived Intangible Assets Amortization Method
FiniteLivedIntangibleAssetsAmortizationMethod
using the straight line method
CY2023 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2024 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2024 smbc Non Employee Directors Retirement Award Award Period
NonEmployeeDirectorsRetirementAwardAwardPeriod
P5Y
CY2024Q2 smbc Fiduciary Assets
FiduciaryAssets
100900000
CY2023Q2 smbc Fiduciary Assets
FiduciaryAssets
102000000.0
CY2024Q2 us-gaap Assets Under Management Carrying Amount
AssetsUnderManagementCarryingAmount
474700000
CY2023Q2 us-gaap Assets Under Management Carrying Amount
AssetsUnderManagementCarryingAmount
464200000
CY2024Q2 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
450243000
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2680000
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
25020000
CY2024Q2 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0
CY2024Q2 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
427903000
CY2023Q2 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
445616000
CY2023Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1494000
CY2023Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
29556000
CY2023Q2 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0
CY2023Q2 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
417554000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
1452000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
1438000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
26898000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
26039000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
50306000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
48237000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
47092000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
47328000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
125748000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
123042000
CY2024Q2 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
450243000
CY2024Q2 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
427903000
CY2024 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
67000
CY2024 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
1600000
CY2022 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
CY2023 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
CY2024Q2 smbc Fair Value Of Debt Securities Reported Less Than Their Historical Cost
FairValueOfDebtSecuritiesReportedLessThanTheirHistoricalCost
312900000
CY2024Q2 smbc Debt Securities Reported Less Than Their Historical Cost Percent Of Investment Portfolio
DebtSecuritiesReportedLessThanTheirHistoricalCostPercentOfInvestmentPortfolio
0.731
CY2023Q2 smbc Fair Value Of Debt Securities Reported Less Than Their Historical Cost
FairValueOfDebtSecuritiesReportedLessThanTheirHistoricalCost
325500000
CY2023Q2 smbc Debt Securities Reported Less Than Their Historical Cost Percent Of Investment Portfolio
DebtSecuritiesReportedLessThanTheirHistoricalCostPercentOfInvestmentPortfolio
0.780
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
64944000
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
690000
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
247960000
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
24330000
CY2024Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
312904000
CY2024Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
25020000
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
138235000
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
3057000
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
187305000
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
26499000
CY2023Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
325540000
CY2023Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
29556000
CY2023 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
0
CY2024 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
0
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
4059081000
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
3978393000
CY2024Q2 us-gaap Financing Receivable Loan In Process
FinancingReceivableLoanInProcess
209046000
CY2023Q2 us-gaap Financing Receivable Loan In Process
FinancingReceivableLoanInProcess
359196000
CY2024Q2 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-232000
CY2023Q2 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-299000
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
52516000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
47820000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
3797287000
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
3571078000
CY2024 smbc Number Of Purchased Participation Loans
NumberOfPurchasedParticipationLoans
71
CY2024Q2 smbc Purchased Participation Loans
PurchasedParticipationLoans
178500000
CY2023 smbc Number Of Purchased Participation Loans
NumberOfPurchasedParticipationLoans
86
CY2023Q2 smbc Purchased Participation Loans
PurchasedParticipationLoans
155600000
CY2024 us-gaap Financing Receivable Excluding Accrued Interest Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
FinancingReceivableExcludingAccruedInterestPurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
3600000
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
FinancingReceivableExcludingAccruedInterestPurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
17100000
CY2022 us-gaap Financing Receivable Excluding Accrued Interest Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
FinancingReceivableExcludingAccruedInterestPurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
1500000
CY2024 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
6600000
CY2024 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
-3000000.0
CY2024 smbc Allowance For Credit Loss Exclusive Of Impact From Acquisition
AllowanceForCreditLossExclusiveOfImpactFromAcquisition
10100000
CY2024 smbc Financing Receivable Allowance For Credit Loss Exclusive Of Impact From Acquisition
FinancingReceivableAllowanceForCreditLossExclusiveOfImpactFromAcquisition
8900000
CY2024 smbc Off Balance Sheet Credit Exposure Exclusive Of Impact From Acquisition
OffBalanceSheetCreditExposureExclusiveOfImpactFromAcquisition
1200000
CY2024 smbc Net Charge Offs As Percentage Of Average Loans Outstanding
NetChargeOffsAsPercentageOfAverageLoansOutstanding
0.05
CY2023 smbc Net Charge Offs As Percentage Of Average Loans Outstanding
NetChargeOffsAsPercentageOfAverageLoansOutstanding
0.02
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
47820000
CY2024 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
6625000
CY2024 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
2055000
CY2024 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
126000
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
52516000
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
33192000
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
14131000
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
673000
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
49000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
47820000
CY2021Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
33222000
CY2022 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
-66000
CY2022 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
153000
CY2022 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
69000
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
33192000
CY2023Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
6288000
CY2024 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
-3025000
CY2024Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
3263000
CY2022Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
3358000
CY2023 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
2930000
CY2023Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
6288000
CY2021Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
1805000
CY2022 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
1553000
CY2022Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
3358000
CY2024 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYearWriteoff
38000
CY2024 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff
948000
CY2024 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff
761000
CY2024 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff
259000
CY2024 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff
49000
CY2024 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
2055000
CY2024 smbc Credit Quality Indicators Threshold Of Lending Relationships Annual Credit Analysis
CreditQualityIndicatorsThresholdOfLendingRelationshipsAnnualCreditAnalysis
4000000
CY2024 smbc Credit Quality Indicators Minimum Loan Relationships Subject To Independent Loan Review
CreditQualityIndicatorsMinimumLoanRelationshipsSubjectToIndependentLoanReview
1000000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
737190000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
953922000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
833645000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
518406000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
171485000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
200743000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Revolving
FinancingReceivableExcludingAccruedInterestRevolving
434644000
CY2024Q2 smbc Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee After Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAfterLoanInProcess
3850035000
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
1112842000
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
969065000
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
623440000
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
213074000
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
108106000
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
195293000
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Revolving
FinancingReceivableExcludingAccruedInterestRevolving
397377000
CY2023Q2 smbc Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee After Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAfterLoanInProcess
3619197000
CY2024Q2 smbc Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee After Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAfterLoanInProcess
3850035000
CY2023Q2 smbc Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee After Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAfterLoanInProcess
3619197000
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest90 Days Or More Past Due Still Accruing
FinancingReceivableExcludingAccruedInterest90DaysOrMorePastDueStillAccruing
109000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
6680000
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
7543000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual No Allowance
FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance
0
CY2024 smbc Recorded Investment Modifications Number Of Loans
RecordedInvestmentModificationsNumberOfLoans
2
CY2024Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
859000
CY2024 us-gaap Financing Receivable Modification To Total Financing Receivables Percent
FinancingReceivableModificationToTotalFinancingReceivablesPercent
0.02
CY2023 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
CY2023 smbc Financing Receivable Modifications Number Of Contract
FinancingReceivableModificationsNumberOfContract
22
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
29765000
CY2024Q2 us-gaap Foreclosed Assets
ForeclosedAssets
74000
CY2023Q2 us-gaap Foreclosed Assets
ForeclosedAssets
0
CY2023Q2 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
10547000
CY2022Q2 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
10614000
CY2024 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
6465000
CY2023 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
6374000
CY2024 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
5911000
CY2023 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
7223000
CY2023 smbc Change In Related Party
ChangeInRelatedParty
782000
CY2024Q2 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
11101000
CY2023Q2 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
10547000
CY2024Q2 us-gaap Land
Land
15376000
CY2023Q2 us-gaap Land
Land
15415000
CY2024Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
84474000
CY2023Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
79661000
CY2024Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
829000
CY2023Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
450000
CY2024Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
27850000
CY2023Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
26404000
CY2024Q2 smbc Automobiles
Automobiles
112000
CY2023Q2 smbc Automobiles
Automobiles
122000
CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
135310000
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
128177000
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
39358000
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
35780000
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
95952000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
92397000
CY2024Q2 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
11
CY2024 smbc Income Recognized From Lessor Agreements
IncomeRecognizedFromLessorAgreements
334000
CY2023 smbc Income Recognized From Lessor Agreements
IncomeRecognizedFromLessorAgreements
228000
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6669000
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6125000
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6669000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6125000
CY2024 smbc Operating Lease Costs Classified As Occupancy And Equipment Expense
OperatingLeaseCostsClassifiedAsOccupancyAndEquipmentExpense
1215000
CY2023 smbc Operating Lease Costs Classified As Occupancy And Equipment Expense
OperatingLeaseCostsClassifiedAsOccupancyAndEquipmentExpense
720000
CY2024 smbc Operating Cash Flows From Operating Leases
OperatingCashFlowsFromOperatingLeases
840000
CY2023 smbc Operating Cash Flows From Operating Leases
OperatingCashFlowsFromOperatingLeases
524000
CY2024 smbc Right Of Use Asset Obtained In Exchange For Operating Lease Obligations
RightOfUseAssetObtainedInExchangeForOperatingLeaseObligations
2445000
CY2024 us-gaap Operating Lease Expense
OperatingLeaseExpense
1200000
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
720000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
772000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
720000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
714000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
729000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
748000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
8298000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
11981000
CY2024Q2 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
514107000
CY2023Q2 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
597600000
CY2024Q2 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
1239663000
CY2023Q2 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
1328423000
CY2024Q2 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
336799000
CY2023Q2 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
452728000
CY2024Q2 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
517084000
CY2023Q2 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
282753000
CY2024Q2 smbc Total Non Maturity Deposits
TotalNonMaturityDeposits
2607653000
CY2023Q2 smbc Total Non Maturity Deposits
TotalNonMaturityDeposits
2661504000
CY2024Q2 smbc Certificate Of Deposits
CertificateOfDeposits
1344804000
CY2023Q2 smbc Certificate Of Deposits
CertificateOfDeposits
1064036000
CY2024Q2 us-gaap Deposits
Deposits
3952457000
CY2023Q2 us-gaap Deposits
Deposits
3725540000
CY2023Q2 smbc Aggregate Amount Of Deposits With A Minimum Denomination Of250000
AggregateAmountOfDepositsWithAMinimumDenominationOf250000
1200000000
CY2024Q2 smbc Aggregate Amount Of Deposits With A Minimum Denomination Of250000
AggregateAmountOfDepositsWithAMinimumDenominationOf250000
1200000000
CY2024Q2 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
1082571000
CY2024Q2 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
101415000
CY2024Q2 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
64802000
CY2024Q2 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
65916000
CY2024Q2 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
30005000
CY2024Q2 us-gaap Time Deposit Maturities After Year Five
TimeDepositMaturitiesAfterYearFive
95000
CY2024Q2 us-gaap Time Deposits
TimeDeposits
1344804000
CY2024Q2 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
171800000
CY2023Q2 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
146500000
CY2024 smbc Deposits Held For Affiliates
DepositsHeldForAffiliates
6500000
CY2023 smbc Deposits Held For Affiliates
DepositsHeldForAffiliates
6600000
CY2024Q2 us-gaap Federal Home Loan Bank Advances
FederalHomeLoanBankAdvances
102050000
CY2023Q2 us-gaap Federal Home Loan Bank Advances
FederalHomeLoanBankAdvances
133514000
CY2024Q2 us-gaap Federal Home Loan Bank Advances Weighted Average Interest Rate
FederalHomeLoanBankAdvancesWeightedAverageInterestRate
0.0382
CY2023Q2 us-gaap Federal Home Loan Bank Advances Weighted Average Interest Rate
FederalHomeLoanBankAdvancesWeightedAverageInterestRate
0.0395
CY2024Q2 smbc Fhlb Prior To Maturity Amount
FhlbPriorToMaturityAmount
0
CY2024Q2 us-gaap Line Of Credit
LineOfCredit
742500000
CY2023Q2 us-gaap Line Of Credit
LineOfCredit
541300000
CY2024Q2 smbc Line Of Credit Outstanding
LineOfCreditOutstanding
1400000000
CY2023Q2 smbc Line Of Credit Outstanding
LineOfCreditOutstanding
1100000000
CY2024Q2 us-gaap Federal Home Loan Bank Advances Earlier Of Contractual Maturity Or Next Call Date In Next Rolling Twelve Months
FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextCallDateInNextRollingTwelveMonths
7995000
CY2024Q2 us-gaap Federal Home Loan Bank Advances Earlier Of Contractual Maturity Or Next Call Date In Rolling Year Two
FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextCallDateInRollingYearTwo
16967000
CY2024Q2 us-gaap Federal Home Loan Bank Advances Earlier Of Contractual Maturity Or Next Call Date In Rolling Year Three
FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextCallDateInRollingYearThree
37088000
CY2024Q2 us-gaap Federal Home Loan Bank Advances Earlier Of Contractual Maturity Or Next Call Date In Rolling Year Four
FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextCallDateInRollingYearFour
35000000
CY2024Q2 us-gaap Federal Home Loan Bank Advances Earlier Of Contractual Maturity Or Next Call Date In Rolling Year Five
FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextCallDateInRollingYearFive
5000000
CY2024Q2 us-gaap Federal Home Loan Bank Advances
FederalHomeLoanBankAdvances
102050000
CY2024 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.05
CY2024 us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
2800000
CY2023 us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
2400000
CY2022 us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
1900000
CY2024Q2 smbc N401 K Retirement Plan Shares Held
N401KRetirementPlanSharesHeld
412000
CY2024 smbc Retirement Plan Vesting Period
RetirementPlanVestingPeriod
P5Y
CY2024 smbc Equity Incentive Plan Description
EquityIncentivePlanDescription
The Company adopted an Equity Incentive Plan (the EIP) in 2008, reserving for award 132,000 shares (split-adjusted). EIP shares were available for award to directors, officers, and employees of the Company and its affiliates by a committee of outside directors.
CY2024Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
132000
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
0.20
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
39.63
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
148000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
36.56
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
104000
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
33.77
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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89500
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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40.74
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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23500
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
38.58
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
44000
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
53.82
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
14500
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
24.49
CY2024 us-gaap Stock Issued During Period Shares Stock Options Exercised
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16000
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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42.35
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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15000
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
34.43
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
140500
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
39.63
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
148000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
36.56
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
104000
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
38.44
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
65800
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
33.89
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
63700
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
31.92
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
44900
CY2024 smbc Fair Value Assumptions Expected Dividend Yield
FairValueAssumptionsExpectedDividendYield
0.0206
CY2023 smbc Fair Value Assumptions Expected Dividend Yield
FairValueAssumptionsExpectedDividendYield
0.0179
CY2022 smbc Fair Value Assumptions Expected Dividend Yield
FairValueAssumptionsExpectedDividendYield
0.0149
CY2024 smbc Fair Value Assumptions Expected Volatility Rate1
FairValueAssumptionsExpectedVolatilityRate1
0.3489
CY2023 smbc Fair Value Assumptions Expected Volatility Rate1
FairValueAssumptionsExpectedVolatilityRate1
0.2967
CY2022 smbc Fair Value Assumptions Expected Volatility Rate1
FairValueAssumptionsExpectedVolatilityRate1
0.2802
CY2024 smbc Fair Value Assumptions Risk Free Interest Rate1
FairValueAssumptionsRiskFreeInterestRate1
0.0412
CY2023 smbc Fair Value Assumptions Risk Free Interest Rate1
FairValueAssumptionsRiskFreeInterestRate1
0.0379
CY2022 smbc Fair Value Assumptions Risk Free Interest Rate1
FairValueAssumptionsRiskFreeInterestRate1
0.0182
CY2024Q2 smbc Fair Value Assumptions Weighted Average Fair Value Of Options Granted During The Year
FairValueAssumptionsWeightedAverageFairValueOfOptionsGrantedDuringTheYear
15.88
CY2023Q2 smbc Fair Value Assumptions Weighted Average Fair Value Of Options Granted During The Year
FairValueAssumptionsWeightedAverageFairValueOfOptionsGrantedDuringTheYear
16.68
CY2022Q2 smbc Fair Value Assumptions Weighted Average Fair Value Of Options Granted During The Year
FairValueAssumptionsWeightedAverageFairValueOfOptionsGrantedDuringTheYear
16.38
CY2023 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0
CY2024 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0
CY2024Q2 smbc Deferred Tax Assets Provision For Losses On Loans
DeferredTaxAssetsProvisionForLossesOnLoans
12159000
CY2023Q2 smbc Deferred Tax Assets Provision For Losses On Loans
DeferredTaxAssetsProvisionForLossesOnLoans
12101000
CY2024Q2 smbc Deferred Tax Assets Accrued Compensation And Benefits
DeferredTaxAssetsAccruedCompensationAndBenefits
1063000
CY2023Q2 smbc Deferred Tax Assets Accrued Compensation And Benefits
DeferredTaxAssetsAccruedCompensationAndBenefits
974000
CY2024Q2 smbc Deferred Tax Assets Nol Carry Forwards Acquired
DeferredTaxAssetsNolCarryForwardsAcquired
30000
CY2023Q2 smbc Deferred Tax Assets Nol Carry Forwards Acquired
DeferredTaxAssetsNolCarryForwardsAcquired
709000
CY2024Q2 smbc Deferred Tax Assets Low Income Tax Credit Carryforward
DeferredTaxAssetsLowIncomeTaxCreditCarryforward
396000
CY2023Q2 smbc Deferred Tax Assets Low Income Tax Credit Carryforward
DeferredTaxAssetsLowIncomeTaxCreditCarryforward
1192000
CY2024Q2 smbc Deferred Tax Assets Unrealized Loss On Other Real Estate
DeferredTaxAssetsUnrealizedLossOnOtherRealEstate
949000
CY2023Q2 smbc Deferred Tax Assets Unrealized Loss On Other Real Estate
DeferredTaxAssetsUnrealizedLossOnOtherRealEstate
818000
CY2024Q2 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
4915000
CY2023Q2 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
6174000
CY2024Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
19512000
CY2023Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
21968000
CY2024Q2 smbc Deferred Tax Liabilities Purchase Accounting Adjustments
DeferredTaxLiabilitiesPurchaseAccountingAdjustments
2452000
CY2023Q2 smbc Deferred Tax Liabilities Purchase Accounting Adjustments
DeferredTaxLiabilitiesPurchaseAccountingAdjustments
2348000
CY2024Q2 smbc Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
4519000
CY2023Q2 smbc Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
4276000
CY2024Q2 smbc Deferred Tax Liabilities Fhlb Stock Dividends
DeferredTaxLiabilitiesFhlbStockDividends
120000
CY2023Q2 smbc Deferred Tax Liabilities Fhlb Stock Dividends
DeferredTaxLiabilitiesFhlbStockDividends
120000
CY2024Q2 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
705000
CY2023Q2 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
728000
CY2024Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
529000
CY2023Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1636000
CY2024Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
8325000
CY2023Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
9108000
CY2024Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
11187000
CY2023Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
12860000
CY2024 smbc Federal Net Operating Loss Carryforwards
FederalNetOperatingLossCarryforwards
137000
CY2024 smbc State Net Operating Loss Carryforwards
StateNetOperatingLossCarryforwards
0
CY2024 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
13253000
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
10387000
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
12580000
CY2024 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
471000
CY2023 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
327000
CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
349000
CY2024 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
412000
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
46000
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
812000
CY2024 smbc Income Tax Reconciliation Deduction Life Insurance
IncomeTaxReconciliationDeductionLifeInsurance
401000
CY2023 smbc Income Tax Reconciliation Deduction Life Insurance
IncomeTaxReconciliationDeductionLifeInsurance
318000
CY2022 smbc Income Tax Reconciliation Deduction Life Insurance
IncomeTaxReconciliationDeductionLifeInsurance
245000
CY2024 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
12000
CY2023 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
19000
CY2022 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
45000
CY2024 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
147000
CY2023 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
457000
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-18000
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12928000
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10226000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12735000
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2024Q2 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
-22367000
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
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-28095000
CY2024Q2 us-gaap Aoci Including Portion Attributable To Noncontrolling Interest Tax
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-4912000
CY2023Q2 us-gaap Aoci Including Portion Attributable To Noncontrolling Interest Tax
AociIncludingPortionAttributableToNoncontrollingInterestTax
-6170000
CY2024Q2 us-gaap Banking Regulation Capital Conservation Buffer Capital Conserved Minimum
BankingRegulationCapitalConservationBufferCapitalConservedMinimum
0.025
CY2024 smbc Banking Regulation Distributions Of Dividends Equity Amount
BankingRegulationDistributionsOfDividendsEquityAmount
30200000
CY2024Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
6200000
CY2023Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
7100000
CY2024Q2 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
898600000
CY2023Q2 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
912000000.0
CY2024 us-gaap Loans And Leases Receivable Commitments Fixed Rates
LoansAndLeasesReceivableCommitmentsFixedRates
159300000
CY2024 smbc Weighted Average Rate Percentage
WeightedAverageRatePercentage
0.0704
CY2024 smbc Commitments Extended Period
CommitmentsExtendedPeriod
P30D
CY2024 smbc Diversified Portfolio Loans
DiversifiedPortfolioLoans
1500000000
CY2024 us-gaap Profit Loss
ProfitLoss
50182000
CY2023 us-gaap Profit Loss
ProfitLoss
39237000
CY2022 us-gaap Profit Loss
ProfitLoss
47169000
CY2024 us-gaap Distributed Earnings
DistributedEarnings
49000
CY2023 us-gaap Distributed Earnings
DistributedEarnings
42000
CY2022 us-gaap Distributed Earnings
DistributedEarnings
30000
CY2024 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
208000
CY2023 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
150000
CY2022 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
165000
CY2024 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
49925000
CY2023 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
39045000
CY2022 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
46974000
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
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11292634
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10124766
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8994022
CY2024 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
8645
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
17033
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
17122
CY2024 smbc Denominator For Diluted Earnings Per Share
DenominatorForDilutedEarningsPerShare
11301279
CY2023 smbc Denominator For Diluted Earnings Per Share
DenominatorForDilutedEarningsPerShare
10141799
CY2022 smbc Denominator For Diluted Earnings Per Share
DenominatorForDilutedEarningsPerShare
9011144
CY2024 us-gaap Earnings Per Share Basic
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4.42
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.86
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.22
CY2024 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.42
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.85
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.21
CY2024Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
60904000
CY2024 smbc Interest Bearing Time Deposits Fair Value Disclosure
InterestBearingTimeDepositsFairValueDisclosure
491000
CY2024Q2 smbc Stock In Federal Home Loan Bank Fair Value Disclosure
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