News
SmartFinancial, Inc. Announces Acquisition of Progressive Financial Group Inc.
KNOXVILLE, Tenn., October 29, 2019 – SmartFinancial, Inc., (Nasdaq: SMBK) (“SmartFinancial”), parent company of SmartBank, and Progressive Financial Group Inc., (“Progressive”), parent company of...
SmartFinancial Announces Earnings Results with Third Quarter 2019 Net Income of $6.0 million
Performance Highlights for Third Quarter of 2019 Return on average assets of 1.01% and net operating return on average assets (Non-GAAP) of 1.02% Asset quality remains outstanding with nonperforming...
SmartFinancial makes debut on Fortune’s 100 Fastest-Growing Companies list
Knoxville, Tenn.—SmartFinancial (Nasdaq: SMBK), the parent company of SmartBank, announced today the organization was named to Fortune’s annual 100 Fastest-Growing Companies list, ranking No. 55...
SmartBank Making Large Investment in Murfreesboro
Murfreesboro, Tenn. - SmartBank continues to grow and invest in the Middle Tennessee market, recently expanding its Murfreesboro team by adding four key executives. The bank initially entered the...
Thomas Henken Named Vice President, Relationship Manager
Huntsville, Ala. – SmartBank recently announced the hiring of Thomas Henken, who will serve as Vice President and Relationship Manager in the Huntsville market. “With decades of banking experience,...
SmartBank Introduces Local Board in Maryville, Tenn.
MARYVILLE, Tenn. – SmartBank, recently announced the formation of its local board of directors in Maryville, Tenn. The board will utilize their combined decades of experience to grow the...
SmartFinancial Announces Earnings Results with Second Quarter 2019 Net Income of $9.1 million
Performance Highlights for Second Quarter of 2019 • Return on average assets of 1.56 percent and net operating return on average assets (Non-GAAP) of 0.96% • Asset quality was outstanding with...
SmartBank Expands to Tallahassee
Jack Kane Hired to Lead Tallahassee Team as SVP Tallahassee, Fla. - SmartBank has announced its expansion into the Tallahassee, Fla. market with the opening of its Loan Production Office located at...
SmartBank Receives Top Workplace Award For Third Year
For the third year in a row, SmartBank was presented the Top Workplace award by the Knoxville News Sentinel and Knox.biz at a breakfast on June 25 at The Foundry in Knoxville, Tenn. In addition to...
Scott Named Rutherford County Market Executive
Murfreesboro, Tenn. – SmartBank recently announced the hiring of David Scott, who was been named Senior Vice President, Rutherford County Market Executive. Scott will oversee and lead the bank’s...
SmartBank Sponsors Seymour Intermediate Students in Sevier County to Experience JA BizTown™
JUNIOR ACHIEVEMENT’S JA BIZTOWN™ PROGRAM FOR 5th GRADERS TEACHES STUDENTS THE ‘ECONOMICS OF LIFE’ IN A SIMULATED, REAL-LIFE EXPERIENCE Students Explore How Financial Literacy, Work Readiness, and...
McMullan Named Huntsville Market Executive
Huntsville, Ala. – SmartBank has announced the addition of long-time banker, John McMullan to its team. McMullan will oversee and lead the bank’s efforts in Huntsville as Market Executive. McMullan...
Conner Named Blount County Market Executive
Maryville, Tenn. – SmartBank recently announced the promotion of David Conner, who was been named Senior Vice President, Blount County Market Executive. Conner will oversee and lead the bank’s...
SmartBank Welcomes Financial Advisor, Greg McGuire
Chattanooga, Tenn. - SmartBank recently announced that Greg McGuire has joined SmartBank Investment Services, a division of SmartBank, as a Financial Advisor and Vice President. “We are excited to...
SmartFinancial Announces First Quarter 2019 Net Income of $4.7 million, a 39% Year over Year Increase
Performance Highlights Return on average assets of 0.84 percent and net operating return on average assets (non-GAAP) of 0.98 percent. Yield on earning assets, taxable equivalent, of 5.25 percent,...
Bobby Stogner Named Senior Vice President, Relationship Manager
Knoxville, Tenn. – SmartBank has announced the recent hire of Bobby Stogner, who will serve as Senior Vice President, Relationship Manager in the Knoxville market. “Bobby brings significant banking...
SmartFinancial Reports $0.47 Earnings per Diluted Share for the Fourth Quarter of 2018 – Net operating earnings per diluted common share (non-GAAP) was $0.43 for the fourth quarter of 2018
Performance Highlights Net income available to common shareholders totaled $6.4 million in the quarter and ROAA increased to 1.17 percent. Net operating earnings available to common shareholders...
Hamdi Named Knox County Market Executive
Knoxville, Tenn. – SmartBank has announced the addition of Joseph “Joe” Hamdi to its team in Knoxville. Hamdi will oversee and lead the bank’s efforts in Knox County as Market Executive. Hamdi most...
SmartFinancial, Inc. Completes Acquisition of Foothills Bancorp, Inc.
KNOXVILLE and MARYVILLE, Tenn., November 1, 2018 – SmartFinancial, Inc., Knoxville, Tennessee (“SmartFinancial”) (Nasdaq: SMBK), parent company of SmartBank, today announced the completion of its...
SmartFinancial Announces Record Earnings with Third Quarter 2018 Net Income of $4.3 million – Net Operating Earnings (Non-GAAP) of $5.0 million for the quarter
Performance Highlights Return on average assets of 0.85 percent and net operating return on average assets (non-GAAP) of 0.98 percent. Yield on earning assets, taxable equivalent, of 5.03 percent,...
Hurricane Michael Loan Payment Deferral Program
Panama City, FL – October 16, 2018 - SmartBank announced today a Loan Payment Deferral Program for impacted clients in FEMA declared disaster areas only. *Details are outlined below: SmartBank will...
SmartBank Promotes Mike Honeycutt to Regional President
Knoxville, Tenn. – SmartBank announced today the promotion of Mike Honeycutt, who has been named Regional President, and will oversee the Knox, Sevier, Hamblen and Blount county markets. Honeycutt...
SmartBank Makes $15,000 Contribution to Friends of the Smokies
Pigeon Forge, Tenn. – During this year’s “Friends Across the Mountains Telethon,” SmartBank presented a $15,000 check to Friends of the Smokies to support its annual fundraising effort for Great...
SmartFinancial Announces Earnings with Second Quarter 2018 Net Income of $3.9 million Net operating earnings (Non-GAAP) of $4.8 million for the quarter
Performance Highlights • Return on average assets of 0.81 percent and net operating return on average assets (Non-GAAP) of 1.00 percent. • Net interest margin, taxable equivalent, of 4.57...
SMARTFINANCIAL, INC. TO ACQUIRE FOOTHILLS BANCORP, INC.
KNOXVILLE and MARYVILLE, Tenn., June 27, 2018 (GLOBE NEWSWIRE) – SmartFinancial, Inc., Knoxville, Tennessee (“SmartFinancial”) (Nasdaq: SMBK), parent company of SmartBank, and Foothills Bancorp,...