SmartFinancial SMBK Financed Sales Of Other Repossessed Assets
Financed Sales Of Other Repossessed Assets at other companies
Other financials
Where this comes from
Reported directly by SmartFinancial in its filing.
Tagged under the XBRL concept smbk:FinancedSalesOfOtherRepossessedAssets.
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 financed sales of other repossessed assets?
- SmartFinancial (SMBK) reported financed sales of other repossessed assets of $197K in Q1 2026.
- How has SmartFinancial's financed sales of other repossessed assets changed year-over-year?
- SmartFinancial's financed sales of other repossessed assets decreased by 64.9% year-over-year, from $562K to $197K.
- What does financed sales of other repossessed assets mean?
- This metric represents the value of repossessed assets sold where the bank provides financing to the buyer to facilitate the transaction. It reflects the bank's strategy for liquidating non-performing assets while potentially generating new interest-earning loan opportunities.