---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-000426"
form_type: "8-K"
ticker: "SMBK"
cik: "0001038773"
company_name: "SMARTFINANCIAL INC."
filed_at: "2023-01-23T23:59:59+00:00"
generated_at: "2026-06-20T11:27:43.342702+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SmartFinancial Q4 2022 diluted EPS $0.77; operating EPS $0.76 beats prior year

## Summary
- Net income $13.0M ($0.77 diluted); operating earnings $12.9M ($0.76 diluted) up 48% YoY.
- Organic loan growth $130.2M (17% annualized QoQ); net interest margin 3.51% (FTE) vs 3.29% prior Q.
- Nonperforming assets to total assets remained low at 0.10%; total assets $4.6B.
- Loan yield improved to 5.05% from 4.59% prior Q; deposit cost rose to 0.85% from 0.45%.
- Operating revenue record; ROAA 1.10%, ROATCE 16.5% (operating basis).

## SEC filing metadata
- accession: 0001558370-23-000426
- form_type: 8-K
- ticker: SMBK
- cik: 0001038773
- company_name: SMARTFINANCIAL INC.
- filed_at: 2023-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1038773/000155837023000426/0001558370-23-000426-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1038773/000155837023000426/smbk-20230123x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-000426
- JSON: https://secwatch.observer/filing/0001558370-23-000426.json
- Plain text: https://secwatch.observer/filing/0001558370-23-000426.txt

## Key facts
- Earnings Releases
  SMARTFINANCIAL INC. reported fourth quarter of 2022 results: net income net income of $13.0 million, or $0.77 per diluted common share.
  - Period: fourth quarter of 2022
  - Net income: net income of $13.0 million, or $0.77 per diluted common share
  - Result: reported results
  source text: SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NASDAQ: SMBK), today announced net income of $13.0 million, or $0.77 per diluted common share, for the fourth quarter of 2022, compared to net income of $6.7 million, or $0.40 per diluted common share, for the fourth quarter of 2021, and compared to prior quarter net income of $11.5 million, or $0.68 per diluted common share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1038773/000155837023000426/0001558370-23-000426-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.