SmartFinancial, Inc. filings document the public-company disclosures of a Tennessee bank holding company whose common stock trades on the New York Stock Exchange under SMBK. The company’s Form 8-K reports cover quarterly operating results, Regulation FD investor materials, dividend declarations, share repurchase authorization, and capital-structure matters tied to subordinated notes.
Proxy materials provide governance and shareholder-meeting disclosures, including board matters, executive compensation, equity awards, and voting items. The filing record also documents registered securities, financial-condition updates, credit-related metrics, and other material events relevant to SmartBank’s full-service commercial banking operations.
SmartFinancial, Inc. (SMBK) furnished an update noting it issued a press release reporting third-quarter results for the period ended September 30, 2025, and provided an investor slide deck. The press release is included as Exhibit 99.1 and the investor presentation as Exhibit 99.2. The company plans to review the slides during its earnings conference call on October 22, 2025. Consistent with SEC guidance, these materials are furnished and not deemed filed.
SmartFinancial, Inc. is offering to exchange up to $100,000,000 of newly registered 7.25% Fixed-to-Floating Rate Subordinated Notes due 2035 ("New Notes") for all outstanding privately placed, unregistered 7.25% Fixed-to-Floating Rate Subordinated Notes due 2035 ("Old Notes") issued on August 20, 2025. The exchange will not raise cash or increase consolidated indebtedness; exchanged Old Notes will be cancelled. The New Notes carry identical terms to the Old Notes except they are registered, generally transferable and not entitled to registration-rights-related additional interest. The notes pay 7.25% fixed through September 1, 2030, then reset quarterly at Three-Month Term SOFR plus 385 basis points. The New Notes are unsecured, subordinated obligations that are structurally junior to subsidiary liabilities. As of June 30, 2025, SmartFinancial reported total assets of $5.49B, gross loans of $4.12B, deposits of $4.87B and shareholders' equity of $519.1M.
SmartFinancial, Inc., through its wholly owned subsidiary SmartBank, has sold 100% of the equity interests of its insurance subsidiary, SBK Insurance Inc., to Insuragent Purchaser, LLC, a portfolio company of Greater Sum Ventures. SBK Insurance’s current leadership and employees will remain in place and all existing locations will stay open after the transaction, so day-to-day operations are expected to continue under the new ownership.
As part of this transaction, SmartBank plans to maintain a strategic relationship with SBK Insurance, and SMBK has acquired a minority ownership interest in Insuragent Purchaser, LLC, keeping an ongoing economic and strategic connection to the divested business.
SmartFinancial, Inc. filed a Form D reporting a completed Regulation D offering of debt securities totaling $100,000,000. The filing lists the issuer as SmartFinancial Inc., a Tennessee corporation with its principal place of business in Knoxville. The offering used Rule 506(b) and is not connected to any business combination. The notice shows the full $100,000,000 was sold with $0 remaining, lists 44 investors who have already invested, and reports finders' fees of $1,250,000. The issuer indicates no proceeds were paid to directors, officers, or promoters. The filing was signed by CFO Ronald Gorczynski.
SmartFinancial, Inc. entered into a Subordinated Note Purchase Agreement with institutional investors, issuing $100.0 million of 7.25% Fixed-to-Floating Rate Subordinated Notes due 2035. The Notes were sold at 100% of face value and are intended to qualify as Tier 2 regulatory capital.
The company plans to use the net proceeds for general corporate purposes, including the potential redemption of up to $40.0 million of its outstanding 5.625% Fixed-to-Floating Subordinated Notes due 2028. The Notes pay a fixed 7.25% annual rate until September 1, 2030, then reset quarterly to three-month term SOFR plus 385 basis points, and are redeemable at the company’s option on or after September 1, 2030 at par plus accrued interest, subject to specified conditions.
SmartFinancial, Inc. reported stronger results for the quarter ended June 30, 2025, with quarterly net income of $11.705 million versus $8.003 million a year earlier, and six‑month net income of $22.959 million versus $17.360 million in 2024. Net interest income rose to $40.343 million for the quarter from $32.814 million year‑over‑year, while diluted earnings per share were $0.69 for the quarter and $1.36 for the six months.
The balance sheet shows total assets of $5.491 billion, loans and leases of $4.124 billion, and total deposits of $4.872 billion. The allowance for credit losses was $39.776 million (0.96% of loans), and management increased the provision for credit losses to $2.411 million for the quarter ($3.391 million for six months). Securities available‑for‑sale had a fair value of $502.150 million with aggregated unrealized losses driven by interest‑rate changes; management stated no credit‑related charge was necessary. Cash flows show net cash provided by operations of $28.309 million, net cash used in investing of $232.349 million, and net cash provided by financing of $181.566 million.