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SmartFinancial Announces Results for the Fourth Quarter 2022

Highlights for the Fourth Quarter of 2022 Operating earnings of $12.9 million, or $0.76 per diluted common share Operating earnings1 increase of 11% compared to the previous quarter and 48% compared to the same prior year quarter Net organic loan and lease growth of...

SmartFinancial Announces Results for the Third Quarter 2022

Highlights for the Third Quarter of 2022 Operating earnings[1] of $11.6 million, or $0.69 per diluted common share Operating earnings increase of 13% compared to the previous quarter and 17% compared to the same prior year quarter Net organic loan and lease growth of...

Rains insurance acquires sunbelt insurance

KNOXVILLE and CHATTANOOGA, Tenn., September 6, 2022 – Rains Insurance, Inc. (“Rains”), a wholly owned subsidiary of SmartBank, announced today that it has acquired the operating assets of Chattanooga, TN-based Sunbelt Group, LLC (“Sunbelt”). The transaction is...

SmartFinancial Announces Results for the First Quarter 2022

Highlights for the First Quarter of 2022 Operating earnings[1] of $8.6 million, or $0.51 per diluted common share, for the first quarter of 2022 Net organic loan and lease growth of over $136.9 million – 21% annualized quarter-over-quarter increase Non-time...

SmartBank making large investment in Montgomery, AL market

KNOXVILLE, Tenn. and Montgomery, Ala. – SmartBank continues to grow by investing in the Montgomery market, recently expanding its banking team by adding eight seasoned bank professionals.  The team will be led by Donna Cooper, Market President, a veteran in the...