SmartFinancial Inc
smartfinancialinc.comWhat Do They Do?
Provides commercial and consumer banking services, including business and real estate loans, leases and deposit accounts, to individuals and businesses through SmartBank.
10-K for FY2025, filed Mar 16, 2026SmartBank is a Tennessee-chartered commercial bank established in 2007 with its principal office in Pigeon Forge, Tennessee. The principal…View ↗
General: The Company maintains a diversified loan portfolio by providing a broad range of commercial and retail lending services to…View ↗
The Company provides a full range of deposit accounts and services to both retail and commercial customers. These deposit accounts have a…View ↗
While we offer a wide range of commercial banking services, we focus on making loans secured primarily by commercial real estate and other…View ↗
How Do They Make Money?
Borrowers pay interest and fees on loans and leases; retail and commercial customers pay account-maintenance and transaction fees. Investment services also earn fees tied to client assets over the period services are provided.
10-K for FY2025, filed Mar 16, 2026SmartBank is a Tennessee-chartered commercial bank established in 2007 with its principal office in Pigeon Forge, Tennessee. The principal…View ↗
Service charges on deposit accounts – These deposit account-related fees represent monthly account maintenance and transaction-based…View ↗
Investment services – These primarily represent sales commissions on various product offerings, transaction fees and asset management fees.…View ↗
Interchange and debit card transaction fees, net – These represent interchange fees from customer debit and credit card transactions earned…View ↗
$6.6M
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10-K for FY2025, filed Mar 16, 2026
$6.6M ↗
Who Are Their Customers?
Individuals and businesses use SmartBank for commercial and consumer banking, including deposits and loans, through its branches. Small and medium-sized businesses also borrow for equipment and operating needs, while investment products are offered through associates employed by the Bank and Raymond James Financial Services.
10-K for FY2025, filed Mar 16, 2026We are a bank holding company that was incorporated on September 19, 1983 under the laws of the State of Tennessee, and operate primarily…View ↗
While we offer a wide range of commercial banking services, we focus on making loans secured primarily by commercial real estate and other…View ↗
General: The Company maintains a diversified loan portfolio by providing a broad range of commercial and retail lending services to…View ↗
Commercial and Industrial: The commercial and industrial loan portfolio segment includes commercial and financial loans and leases. These…View ↗
The Bank contracts with Raymond James Financial Services, Inc. (“RJFS”), a registered broker-dealer and investment adviser, to offer and…View ↗
The Bank offers, through RJFS, non-FDIC insured investment products to help clients achieve their financial objectives within their risk…View ↗
Do Revenues Turn Into Profits?
Yes. Its net income in FY2025 was larger than its revenue and turned 901 cents into free cash flow.
How Are They Changing?
Growing. Revenue grew 3.0x in 4 years, from $2.2M in FY2021 to $6.6M in FY2025, about 32% a year.
Insurance activities
The older report describes a company subsidiary operating a full-service insurance agency; the latest report says SmartBank sold SBK Insurance and ceased providing insurance-related activities.
10-K for FY2022, filed Mar 16, 2023 10-K for FY2025, filed Mar 16, 2026SunbeltView ↗
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