secwatch.observer — SEC 8-K summary
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Issuer:     SMARTFINANCIAL INC. (SMBK)
CIK:        0001038773
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0001558370-23-000926
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartFinancial increases credit line to $35M, extends maturity to 2025, reprices at Prime-0.65%
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- Revolving credit facility raised to $35M from $25M.
- Maturity extended to February 1, 2025.
- Interest rate set at Prime minus 0.65% with a 3.25% floor.
- Amendment entered into on February 1, 2023 with ServisFirst Bank.
- No Default or material adverse change representations reaffirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1038773/000155837023000926/0001558370-23-000926-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1038773/000155837023000926/smbk-20230201x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-000926

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer