XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
ASSETS:    
Cash and due from banks $ 60,313 $ 96,508
Interest-bearing deposits with banks 462,766 277,005
Federal funds sold 34,048 14,057
Total cash and cash equivalents 557,127 387,570
Securities available-for-sale, at fair value 511,095 482,328
Securities held-to-maturity (fair value of $109.8 million at Sept. 30, 2025 and $108.1 million at Dec. 31, 2024) 123,364 126,659
Other investments 14,888 14,740
Loans held for sale 9,855 5,996
Total loans and leases 4,222,369 3,906,340
Less: Allowance for credit losses (39,074) (37,423)
Loans and leases, net 4,183,295 3,868,917
Premises and equipment, net 89,250 91,093
Other real estate owned   179
Goodwill and other intangibles, net 95,807 104,723
Bank owned life insurance 118,610 115,917
Other assets 81,692 77,782
Total assets 5,784,983 5,275,904
Deposits:    
Noninterest-bearing demand 931,477 965,552
Interest-bearing demand 929,454 836,731
Money market and savings 2,218,313 2,039,560
Time deposits 971,653 844,640
Total deposits 5,050,897 4,686,483
Borrowings 1,301 8,135
Subordinated debt 138,604 39,684
Other liabilities 55,699 50,141
Total liabilities 5,246,501 4,784,443
Commitments and contingent liabilities
Shareholders' equity:    
Preferred stock, $1 par value; 2,000,000 shares authorized; No shares issued and outstanding
Common stock, $1 par value; 40,000,000 shares authorized; 17,028,001 and 16,925,672 shares issued and outstanding, respectively 17,028 16,926
Additional paid-in capital 295,742 294,269
Retained earnings 236,380 203,824
Accumulated other comprehensive loss 10,781 23,671
Total shareholders' equity attributable to SmartFinancial Inc. and Subsidiary 538,369 491,348
Non-controlling interest - preferred stock of subsidiary 113 113
Total shareholders' equity 538,482 491,461
Total liabilities and shareholders' equity $ 5,784,983 $ 5,275,904