SmartBank
Major Rating Factors:
A current level of 2.0 percent of nonperforming loans to core capital combined with 1.9 percent from a year earlier contributes to the Excellent asset quality (7.8). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.6 on a scale of 0 to 10).
Other Rating Factors:
Good current capitalization (6.9 on a scale of 0 to 10) based on a risk-based capital ratio of 11.3 and a capital leverage ratio of 8.9. Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.8 has resulted in Fair (4.1) profitability.
Asset Mix:
Comm re (32%), comm loans (14%), home mtgs (12%), securities (11%), cash (7%), home eq lns (3%), consumer loans (0%), other (21%)
States with Branches:
AL, FL, TN
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
SmartFinancial, Inc.
Investment Rating
Address
2430 Teaster Lane
Pigeon Forge, TN 37863
Pigeon Forge, TN 37863
Phone Number
(865) 453-2650
Year Founded
2007
FDIC Number
Website
Largest Affiliates
No affiliate information available.