Vitals
  • Total Assets
    1.1B 82.8 %
  • Total Deposits
    910.4M 78.4 %
  • Total Net Loans
    808.3M 100.1 %
  • Net Income
    6.5M 378.7 %
  • Book Value
    100.0M 78.0 %
  • Book Value x2
    200.0M 78.0 %
  • Book Value x3
    300.1M 78.0 %
ROAA

.647

ROAE

6.629

Efficiency Ratio

73.84

Net Interest Margin

3.967

Balance Sheet Highlights
Financial Highlights Smartbank All Insured Commercial Banks in Tennessee
Balance Sheet $(000)
Total Assets 1,058,190 350,717
Total Net Loans 808,288 240,957
Total Deposits 910,381 296,573
Total Equity 100,023 37,152
Profitability
Net Income 6,520 3,593
Return on Average Assets .647 .956
Return on Average Equity 6.629 8.82
Net Interest Margin 3.967 4.036
Efficiency Ratio 73.84 69.386
Noninterest Income/Revenue 9.854 17.129
Balance Sheet Ratios
Loan-to-Deposit 88.786 77.925
Securities/Assets .122 .166
Total Equity/Total Assets .095 .106
Tangible Equity/Tangible Assets .092 .103
Capital Adequacy
Tier 1 Common Capital 99,600 35,983
Tier 1 Capital 99,600 36,157
Tier 2 Capital 5,105 2,649
Total Capital 104,705 38,803
Total Risk Weighted Assets 881,686 253,332
Leverage Ratio 9.71 10.564
Common Equity Tier 1 Capital Ratio 11.3 15.215
Tier 1 Capital Ratio 11.3 15.278
Total Capital Ratio 11.88 16.362

Timeline for Smartbank

Cornerstone Community Bank

Acquisition: Smartbank acquired a new subsidiary, Cornerstone Community Bank, 8 years

View Profile Feb 27 2016

Smartholdings I, Inc

Smartholdings I, Inc became a new subsidiary organization for Smartbank.

View Profile Jul 10 2013

Smartholdings Ii, Llc

Smartholdings Ii, Llc became a new subsidiary organization for Smartbank.

View Profile Jul 10 2013

Gulfsouth Private Bank

Acquisition: Smartbank acquired a new subsidiary, Gulfsouth Private Bank, 11 years

View Profile Oct 20 2012

Smartfinancial, Inc.

Smartfinancial, Inc. became a new parent organization for Smartbank.

View Profile Jul 01 2010

Want to see more?

Complete timeline for Smartbank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Cornerstone Community Bank Seller 48,440 Pooling of Interests Discontinued 2/27/2016
Gulfsouth Private Bank Seller 139,391 Failure 10/20/2012
Relationships Role Relationship Start Relationship End
Smartfinancial, Inc. Parent 9/1/2015
Smartfinancial, Inc. Parent 7/1/2010 8/31/2015
Smartholdings I, Inc Subsidary 7/10/2013
Smartholdings Ii, Llc Subsidary 7/10/2013
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