{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-016630","form_type":"8-K","ticker":"SMBK","cik":"0001038773","company_name":"SMARTFINANCIAL INC.","filed_at":"2023-10-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.981609+00:00","generated_at":"2026-06-09T16:09:14.706751+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SmartFinancial Q3 net income $2.1M ($0.12 EPS); operating EPS $0.43; organic loan growth $42M","bullets":["Net income $2.1M ($0.12 diluted EPS) vs $11.5M ($0.68) in Q3 2022 and $8.8M ($0.52) in Q2 2023.","Operating earnings (non-GAAP) $7.2M ($0.43 diluted EPS) vs $11.6M ($0.69) year ago and $8.8M ($0.52) prior quarter.","Repositioned $159.6M of AFS securities into higher-yielding assets; net loan growth $42M (5% annualized).","Deposit growth $46.9M (4.5% annualized); nonperforming assets to total assets at 0.12%.","Net interest margin 2.81% vs 2.93% prior quarter; loan yield 5.52% excluding fees."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-016630","json":"https://secwatch.observer/filing/0001558370-23-016630.json","markdown":"https://secwatch.observer/filing/0001558370-23-016630.md","text":"https://secwatch.observer/filing/0001558370-23-016630.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1038773/000155837023016630/0001558370-23-016630-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1038773/000155837023016630/smbk-20231023x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T16:09:14.706751+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"23531f7b72ff69b76a70465f37dc01cbdbefd884","claim":"SMARTFINANCIAL INC. reported the third quarter of 2023 results: net income net income of $2.1 million, or $0.12 per diluted common share, EPS $0.12 per diluted common share.","evidence_excerpt":"On October 23, 2023, SmartFinancial, Inc. (“SmartFinancial”) issued a press release (the “Press Release”) reporting earnings results for its third quarter ending September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1038773/000155837023016630/0001558370-23-016630-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of 2023"},{"label":"Net income","value":"net income of $2.1 million, or $0.12 per diluted common share"},{"label":"EPS","value":"$0.12 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"991fb174c0eba58ab15f9b3cd63125be8396a590","claim":"SMARTFINANCIAL INC. reported the third quarter of 2022 results: net income net income of $11.5 million, or $0.68 per diluted common share, EPS $0.68 per diluted common share.","evidence_excerpt":"On October 23, 2023, SmartFinancial, Inc. (“SmartFinancial”) issued a press release (the “Press Release”) reporting earnings results for its third quarter ending September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1038773/000155837023016630/0001558370-23-016630-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of 2022"},{"label":"Net income","value":"net income of $11.5 million, or $0.68 per diluted common share"},{"label":"EPS","value":"$0.68 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}