SmartFinancial Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	464.42	387.57	352.27	266.42	1,045
Investment Securities	678.44	272.3	427.55	528.92	331.57
Trading Asset Securities	-	12.14	12.82	11.83	1.33
Mortgage-Backed Securities	-	336.68	262.09	240.92	227.85
Total Investments	678.44	621.12	702.47	781.68	560.75
Gross Loans	4,364	3,906	3,444	3,254	2,709
Allowance for Loan Losses	-40.91	-37.42	-35.07	-23.33	-19.35
Other Adjustments to Gross Loans	-	-	-	-	-15.27
Net Loans	4,323	3,869	3,409	3,230	2,674
Property, Plant & Equipment	88.39	103.04	102.86	101.83	95.77
Goodwill	-	96.15	96.15	96.15	91.57
Other Intangible Assets	95.33	8.58	11	13.63	14.29
Loans Held for Sale	10.87	6	4.42	1.75	5.1
Accrued Interest Receivable	-	14.2	12.5	-	-
Long-Term Deferred Tax Assets	-	21.41	22.31	24.59	11.23
Other Real Estate Owned & Foreclosed	3.25	0.18	0.52	1.44	1.78
Other Long-Term Assets	197.45	143.4	111.72	114.33	105.52
Total Assets	5,861	5,276	4,829	4,637	4,612
Interest Bearing Deposits	4,090	3,418	3,144	2,857	2,807
Institutional Deposits	-	302.8	225.7	147.2	160
Non-Interest Bearing Deposits	1,063	965.55	898.04	1,072	1,055
Total Deposits	5,153	4,686	4,268	4,077	4,022
Short-Term Borrowings	-	17.33	19.89	17.94	9.99
Current Portion of Leases	-	1.73	-	-	-
Long-Term Debt	101.67	43.68	50.08	79.08	49.42
Federal Home Loan Bank Debt, Long-Term	-	-	-	-	75
Long-Term Leases	-	10.75	10.3	9.46	9.88
Other Long-Term Liabilities	53.86	24.47	21.38	21.48	15.92
Total Liabilities	5,308	4,784	4,370	4,205	4,182
Common Stock	17.03	16.93	16.99	16.9	16.8
Additional Paid-In Capital	295.95	294.27	295.7	294.33	292.94
Retained Earnings	248.72	203.82	173.11	156.55	118.25
Comprehensive Income & Other	-9.32	-23.67	-25.91	-35.32	1.44
Total Common Equity	552.38	491.35	459.89	432.45	429.43
Minority Interest	0.11	0.11	-	-	-
Shareholders' Equity	552.49	491.46	459.89	432.45	429.43
Total Liabilities & Equity	5,861	5,276	4,829	4,637	4,612
Total Debt	101.67	73.49	80.27	106.47	144.29
Net Cash (Debt)	362.75	326.22	284.83	171.79	902.11
Net Cash Growth	11.20%	14.53%	65.80%	-80.96%	157.62%
Net Cash Per Share	21.47	19.33	16.84	10.18	57.46
Filing Date Shares Outstanding	17.03	17.02	17.06	17	16.89
Total Common Shares Outstanding	17.03	16.93	16.99	16.9	16.8
Book Value Per Share	32.44	29.03	27.07	25.59	25.56
Tangible Book Value	457.05	386.63	352.74	322.68	323.58
Tangible Book Value Per Share	26.84	22.84	20.76	19.09	19.26

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q