secwatch.observer — SEC 8-K summary
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Issuer:     SMARTFINANCIAL INC. (SMBK)
CIK:        0001038773
Form:       8-K
Filed at:   2024-01-22T23:59:59+00:00
Accession:  0001558370-24-000413
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartFinancial Q4 net income $6.2M ($0.37 EPS); operating EPS $0.41; loan growth 8% annualized
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- Net income $6.2M ($0.37 diluted EPS) vs $13.0M ($0.77) in Q4 2022; operating earnings $6.9M ($0.41).
- Net organic loan and lease growth $66M (8% annualized QoQ); deposit growth $21.3M (2% annualized).
- Net interest margin (tax-equivalent) 2.86%, up 5bps from prior quarter; loan yield 5.61%.
- Credit quality solid: nonperforming assets / total assets 0.20%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1038773/000155837024000413/0001558370-24-000413-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1038773/000155837024000413/smbk-20240122x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-000413

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