secwatch / observer

SMARTFINANCIAL INC. — fact timeline

Source-grounded facts extracted from SMARTFINANCIAL INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

SMBK SMARTFINANCIAL INC. JSON
Shareholder Votes

SMARTFINANCIAL INC. shareholders approved Advisory Vote on the Compensation Paid to SmartFinancial’s Named Executive Officers at the 2026-05-21 meeting.

“Proposal 3: Advisory Vote on the Compensation Paid to SmartFinancial’s Named Executive Officers. The Company’s shareholders approved, in a non-binding advisory vote, the compensation paid to the Company’s named executive officers as disclosed in the Proxy Statement, by the following vote:”
Shareholder Votes

SMARTFINANCIAL INC. shareholders approved Ratification of Independent Registered Public Accounting Firm at the 2026-05-21 meeting.

“Proposal 2: Ratification of Independent Registered Public Accounting Firm. The Company’s shareholders ratified the appointment of Elliott Davis, PLLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, by the following vote:”
Shareholder Votes

SMARTFINANCIAL INC. shareholders approved Election of Directors at the 2026-05-21 meeting.

“Proposal 1: Election of Directors. The Company’s shareholders elected each director nominee by the vote indicated for each such nominee below:”
Earnings Releases

SMARTFINANCIAL INC. reported first quarter ending March 31, 2026 results: net income $13.7 million, EPS $0.81 per diluted common share.

“Results for the First Quarter 2026 ​ KNOXVILLE, TN – April 20, 2026 - SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NYSE: SMBK), today announced net income of $13.7 million, or $0.81 per diluted common share, for the first quarter of 2026, compared to net income of $11.3 million, or $0.67 per diluted common share, for the first quarter of 2025, and”
Debt Financings

SMARTFINANCIAL INC. incurred senior notes of $100.0 million with certain institutional accredited investors and qualified institutional buyers at 7.25% per year maturing September 1, 2035.

“On August 20, 2025, SmartFinancial, Inc. (the “Company”) entered into a Subordinated Note Purchase Agreement (the “Purchase Agreement”) with certain institutional accredited investors and qualified institutional buyers (the “Purchasers”), pursuant to which the Company sold and issued $100.0 million in aggregate principal amount of its 7.25% Fixed-to-Floating Rate Subordinated Notes due 2035 (the “Notes”).”
Auditor Changes

SMARTFINANCIAL INC. engaged Elliott Davis, PLLC as its auditor.

“On May 30, 2025, the Company notified Elliott Davis, PLLC (“Elliott Davis”) that it had been selected to serve as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025, subject to completion of Elliott Davis’s standard client acceptance procedures.”
Auditor Changes

SMARTFINANCIAL INC. dismissed Forvis Mazars, LLP as its auditor.

“On May 29, 2025 (the “Notice Date”), SmartFinancial, Inc. (the “Company”) notified Forvis Mazars, LLP (“Forvis”) that it was being dismissed as the Company's independent registered public accounting firm as of the Notice Date.”

Kelli D. Shomaker was appointed as director at SMARTFINANCIAL INC..

“the Board of Directors appointed Kelli D. Shomaker as a director of SmartFinancial, effective immediately.”
Earnings Releases

SMARTFINANCIAL INC. reported the first quarter of 2024 results: net income $9.4 million, EPS $0.55 per diluted common share.

“SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NYSE: SMBK), today announced net income of $9.4 million, or $0.55 per diluted common share, for the first quarter of 2024”
Earnings Releases

SMARTFINANCIAL INC. reported fourth quarter ending December 31, 2023 results: net income net income of $6.2 million, or $0.37 per diluted common share, EPS $0.37 per diluted common share.

“On January 22, 2024, SmartFinancial, Inc. (“SmartFinancial”) issued a press release (the “Press Release”) reporting earnings results for its fourth quarter ending December 31, 2023.”
Earnings Releases

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.

“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.”
Earnings Releases

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.

“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.”

Gregory L. Davis resigned as Executive Vice President and Chief Lending Officer at SMARTFINANCIAL INC..

“On September 21, 2023, Gregory L. Davis, Executive Vice President and Chief Lending Officer of SmartFinancial, Inc. (the “ Company ”) and the Company’s wholly-owned subsidiary, SmartBank, formally tendered his resignation to pursue a career outside of banking, effective September 29, 2023.”
Earnings Releases

SMARTFINANCIAL INC. reported the second quarter of 2023 results: net income $8.8 million, EPS $0.52 per diluted common share.

“SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NASDAQ: SMBK), today announced net income of $8.8 million, or $0.52 per diluted common share, for the second quarter of 2023”
Shareholder Votes

SMARTFINANCIAL INC. shareholders approved Advisory Vote on the Compensation of SmartFinancial’s Named Executive Officers at the 2023-05-25 meeting.

“Proposal 3: Advisory Vote on the Compensation of SmartFinancial’s Named Executive Officers. The Company’s shareholders ratified the advisory vote on the compensation of SmartFinancial’s named executive officers, by the following vote: ​ ​ ​ ​ VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES 10,302,680 174,509 4,872 3,310,472”
Shareholder Votes

SMARTFINANCIAL INC. shareholders approved Ratification of Appointment of FORVIS, LLP as Independent Registered Public Accounting Firm for the fiscal year ending December 31, 2023 at the 2023-05-25 meeting.

“Proposal 2: Ratification of Independent Registered Public Accounting Firm. The Company’s shareholders ratified the appointment of FORVIS, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, by the following vote: ​ ​ ​ ​ VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES 13,737,706 52,675 2,152 -”
Shareholder Votes

SMARTFINANCIAL INC. shareholders approved Election of Directors at the 2023-05-25 meeting.

“Proposal 1: Election of Directors. The Company’s shareholders elected each director nominee by the vote indicated for each such nominee below: ​ ​ ​ ​ NAME VOTES FOR VOTES WITHHELD BROKER NON-VOTES Cathy G. Ackermann 10,113,863 368,198 3,310,472 Victor L. Barrett 8,551,694 1,930,367 3,310,472 William ("Billy") Y. Carroll Jr. 9,993,238 488,823 3,310,472 William ("Bill") Y. Carroll Sr. 9,965,480 516,581 3,310,472 Ted C. Miller 10,022,193 459,868 3,310,472 David A. Ogle 7,559,266 2,922,795 3,310,472 John Presley 9,951,775 530,286 3,310,472 Steven B. Tucker 8,636,203 1,845,858 3,310,472 Wesley M. ("Miller") Welborn 9,970,894 511,167 3,310,472 Keith E. Whaley, O.D. 10,002,981 479,080 3,310,472 Geoffrey A. Wolpert 8,439,877 2,042,184 3,310,472”
Earnings Releases

SMARTFINANCIAL INC. reported first quarter of 2023 results: net income $11.5 million, EPS $0.68 per diluted common share.

“SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NASDAQ: SMBK), today announced net income of $11.5 million, or $0.68 per diluted common share, for the first quarter of 2023, compared to net income of $8.3 million, or $0.49 per diluted common share, for the first quarter of 2022, and compared to prior quarter net income of $13.0 million, or $0.77 per diluted common share.”
Debt Financings

SMARTFINANCIAL INC. amended revolving credit of up to $35.0 million with ServisFirst Bank at The Wall Street Journal Prime Rate minus 0.65% (65 bps) with a floor of 3.25% maturing February 1, 2025.

“The Amendment and the Amended Revolving Note increase the maximum principal amount of the revolving line of credit to an amount of up to $35.0 million. The Amendment includes an extension of the maturity date to February 1, 2025, and a change to the variable interest rate to a rate equal to The Wall Street Journal Prime Rate minus 0.65% (65 bps) with a floor of 3.25%.”
Material Agreements

SMARTFINANCIAL INC. entered into Second Amendment to Loan and Security Agreement with ServisFirst Bank valued at up to $35.0 million (effective 2023-02-01).

“On February 1, 2023, SmartFinancial, Inc. (the “ Company ”), a Tennessee corporation and the parent of SmartBank (the “ Bank ”), entered into a Second Amendment to Loan and Security Agreement (the “ Amendment ”) and related Amended and Restated Revolving Note (the “ Amended Revolving Note ”) which are in reference to the Company’s Loan and Security Agreement dated March 31, 2020, (the “ Agreement ”) and related revolving note with ServisFirst Bank (the “ Lender ”), pursuant to which Lender makes a revolving line of credit to the Company.”
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.

“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.”

Cathy G. Ackermann was appointed as Director at SMARTFINANCIAL INC..

“the Board of Directors appointed Cathy G. Ackermann as a director of SmartFinancial, effective immediately.”

John Presley was appointed as director at SMARTFINANCIAL INC..

“the Board of Directors appointed John Presley as a director of SmartFinancial, effective as of the closing of the Merger.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.