secwatch.observer — SEC 8-K summary
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Issuer:     SMARTFINANCIAL INC. (SMBK)
CIK:        0001038773
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0001558370-25-000289
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartFinancial Q4 net income $9.6M ($0.57 EPS); NIM expands 13 bps to 3.24%
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- Net income $9.6M ($0.57 diluted EPS) vs $6.2M ($0.37) in Q4 2023; operating EPS also $0.57.
- Net organic loan growth $189M, 20% annualized QoQ increase.
- Tax-equivalent NIM rose 13 bps QoQ to 3.24%; cost of total deposits fell to 2.43%.
- Nonperforming assets remain low at 0.19% of total assets.
- Chairman noted 10% annual tangible book value growth and profitability improvement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1038773/000155837025000289/0001558370-25-000289-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1038773/000155837025000289/smbk-20250121x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-000289

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