Pigeon Forge, TN · Cert 58463 · Smartfinancial Inc.
State charter, Fed member · FED · 42 branches
Q2 2026
Market Position · Knoxville, TN · 2026 SOD (annual) · 2.9% share · #8 of 42 inst. · $0.8B of $26.6B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.80% | 0.80% | 0.90% | 0.91% | 0.97% | 1.00% | 1.04% | 1.12% | +21 bps | |
| Return on Equity | 7.68% | 7.78% | 9.12% | 9.17% | 9.60% | 9.70% | 9.60% | 10.34% | +117 bps | |
| Net Interest Margin | 2.85% | 2.84% | 3.02% | 3.05% | 2.99% | 3.04% | 3.36% | 3.35% | +30 bps | |
| Efficiency Ratio | 67.39% | 67.01% | 65.99% | 64.61% | 62.20% | 60.94% | 57.81% | 57.61% | -700 bps | |
| Non-Interest Burden | 1.71% | 1.69% | 1.78% | 1.75% | 1.60% | 1.60% | 1.71% | 1.70% | -4 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.29% | 9.35% | 9.20% | 12.40% | 17.92% | 11.02% | 9.11% | 11.32% | -108 bps | |
| Loan Growth (YoY) | 10.10% | 13.44% | 14.75% | 15.44% | 13.67% | 11.81% | 13.25% | 13.63% | -180 bps | |
| Deposit Growth (YoY) | 1.77% | 9.84% | 9.49% | 12.78% | 17.94% | 10.05% | 8.02% | 10.62% | -216 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.25% | 0.20% | 0.20% | 0.19% | 0.24% | 0.22% | 0.27% | 0.24% | +5 bps | |
| Net Charge-Offs / Loans | 0.09% | 0.07% | 0.01% | 0.01% | 0.04% | 0.07% | 0.01% | 0.03% | +2 bps | |
| Allowance / Loans | 0.96% | 0.96% | 0.96% | 0.96% | 0.92% | 0.94% | 0.97% | 0.96% | 0 bps | |
| Allowance Coverage of NPLs | 3.8x | 4.8x | 4.9x | 5.0x | 3.9x | 4.3x | 3.6x | 3.9x | -1.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.17% | 8.94% | 8.77% | 8.89% | 9.59% | 9.71% | 9.88% | 9.86% | +97 bps | |
| Total Risk-Based Capital | 11.69% | 11.29% | 11.35% | 11.25% | 12.37% | 12.32% | 12.41% | 12.30% | +105 bps | |
| Equity / Assets | 10.68% | 9.92% | 9.93% | 10.06% | 10.64% | 10.79% | 10.92% | 10.77% | +70 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 86.02% | 83.41% | 83.00% | 84.69% | 82.90% | 84.74% | 87.02% | 87.00% | +231 bps | |
| Liquid Assets / Assets | 5.21% | 7.65% | 8.85% | 7.30% | 10.14% | 8.84% | 6.84% | 6.72% | -58 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 475% | 478% | 491% | n/a | n/a | |