SMARTFINANCIAL, INC. Files 8-K on Financials

Ticker: SMBK · Form: 8-K · Filed: Apr 22, 2024 · CIK: 1038773

Sentiment: neutral

Topics: financial-results, 8-K, company-update

Related Tickers: SMBK

TL;DR

SMARTFINANCIAL (SMBK) filed an 8-K detailing financial results and operations.

AI Summary

SMARTFINANCIAL, INC. filed an 8-K on April 22, 2024, reporting on its results of operations and financial condition. The filing also includes Regulation FD disclosures and financial statements and exhibits. The company was formerly known as CORNERSTONE BANCSHARES INC and EAST RIDGE BANCSHARES INC.

Why It Matters

This 8-K filing provides crucial updates on SMARTFINANCIAL, INC.'s financial performance and operational results, which can influence investor decisions.

Risk Assessment

Risk Level: low — This is a routine 8-K filing reporting financial results and does not appear to contain any unusual or high-risk information.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing for SMARTFINANCIAL, INC.?

The primary purpose is to report on the company's Results of Operations and Financial Condition, as well as provide Regulation FD Disclosures and Financial Statements and Exhibits.

When was the earliest event reported in this filing?

The earliest event reported in this filing was on April 22, 2024.

What were SMARTFINANCIAL, INC.'s former company names?

SMARTFINANCIAL, INC. was formerly known as CORNERSTONE BANCSHARES INC and EAST RIDGE BANCSHARES INC.

What is SMARTFINANCIAL, INC.'s state of incorporation and IRS Employer Identification No.?

SMARTFINANCIAL, INC. is incorporated in Tennessee and its IRS Employer Identification No. is 62-1173944.

What is the business address of SMARTFINANCIAL, INC.?

The business address of SMARTFINANCIAL, INC. is 5401 Kingston Pike, Suite 600, Knoxville, Tennessee 37919.

Filing Stats: 645 words · 3 min read · ~2 pages · Grade level 10.7 · Accepted 2024-04-22 17:00:32

Key Financial Figures

Filing Documents

02

Item 2.02 Results of Operations and Financial Condition. On April 22, 2024, SmartFinancial, Inc. ("SmartFinancial") issued a press release (the "Press Release") reporting earnings results for its first quarter ending March 31, 2024. A copy of the Press Release is attached hereto as Exhibit 99.1. In accordance with General Instructions B.2 of Form 8K, the information in Item 2.02 of this report (including Exhibit 99.1) shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

01

Item 7.01 Regulation FD Disclosure. SmartFinancial is filing an investor slide presentation that it intends to review in conjunction with its earnings release conference call on April 23, 2024. The slides are attached hereto as Exhibit 99.2. In accordance with General Instructions B.2 of Form 8K, the information in Item 7.01 of this report (including Exhibit 99.2) shall not be deemed to be "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Financial Statements and Exhibits

Financial Statements and Exhibits Exhibit No. Description 99.1 Press release announcing first quarter 2024 financial results dated April 22, 2024 99.2 First quarter 2024 investor presentation 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SMARTFINANCIAL, INC. Date: April 22, 2024 /s/ William Y. Carroll, Jr. William Y. Carroll, Jr. President & Chief Executive Officer

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