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SmartFinancial SMBK FDIC assessments

FDIC assessments at other companies

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$13M0.0%
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$986K-32.8%
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$1.59M+15.2%
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$2.84M-16.1%
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Independent Bank CorpINDB
$3.33M+11.4%

Segments

By segment

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General Banking Unit$750K-21.9%

Other financials

Income statement

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Revenue$53.8M+14.9%
Net income$13.7M+21.6%
EPS (diluted)$0.81+20.9%

Balance sheet

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Cash & equivalents$346.1M-18.2%
Total debt$11.4M-7.0%
Total equity$562.0M+11.1%
Total assets$5.9B+9.2%

Cash flow

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Operating cash flow$16.4M+14.5%
CapEx$6.2M+568%
Free cash flow$10.2M-24.0%

Valuation

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Market cap$790.12M+48.3%
Enterprise value$455.43M+264%
P/E15×+1.0×
P/S3.8×+0.8×

Profitability

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Net margin25.4%+4.1pp
FCF margin27.1%-4.1pp

Returns & leverage

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Return on equity9.9%+2.1pp
Debt / equity0.0×

Where this comes from

Reported directly by SmartFinancial in its filing.

Tagged under the XBRL concept us-gaap:FederalDepositInsuranceCorporationPremiumExpense.

The official record: SmartFinancial’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SmartFinancial's FDIC assessments?
SmartFinancial (SMBK) reported FDIC assessments of $750K in Q1 2026.
How has SmartFinancial's FDIC assessments changed year-over-year?
SmartFinancial's FDIC assessments decreased by 21.9% year-over-year, from $960K to $750K.
What is the long-term trend for SmartFinancial's FDIC assessments?
Over 4 years (2021 to 2025), SmartFinancial's FDIC assessments has grown at a 21.5% compound annual growth rate (CAGR), from $1.83M to $4M.
What does FDIC assessments mean?
Represents the mandatory insurance premiums paid to the FDIC to protect customer deposits. This expense is a regulatory requirement that scales with the bank's total insured deposit base and risk profile.