SMARTFINANCIAL INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $68.7m $113.0m $115.8m $184.0m $481.7m $1.0b $266.4m $352.3m $387.6m $464.4m
Property, Plant and Equipment, Net $30.5m $43.0m $56.0m $59.4m $72.7m $86.0m $92.5m $93.0m $91.1m $88.4m
Goodwill $66.1m $65.6m $74.1m $91.6m $96.1m $96.1m $96.1m $90.4m
Operating Lease, Right-of-Use Asset $5.5m $4.8m $9.8m $9.3m $9.9m $12.0m $11.2m
Additional Financial Items
Assets $1.1b $1.7b $2.3b $2.4b $3.3b $4.6b $4.6b $4.8b $5.3b $5.9b
LIABILITIES AND EQUITY
Dividends Payable $6.6m $11.5m $33.4m $55.5m
Long-term Debt $75.4m
Deferred Tax Liabilities, Net $3.5m $3.4m $5.5m $6.5m $7.4m $8.9m $8.1m $7.8m $7.9m $8.5m
Liabilities $957.2m $1.5b $2.0b $2.1b $2.9b $4.2b $4.2b $4.4b $4.8b $5.3b
Stockholders’ equity:
Preferred Stock, Value, Issued $12k $0 $0 $0 $0
Common Stock, Value, Issued $5.9m $11.2m $13.9m $14.0m $15.1m $16.8m $16.9m $17.0m $16.9m $17.0m
Additional Paid in Capital $83.5m $174.0m $231.9m $232.7m $252.7m $292.9m $294.3m $295.7m $294.3m $295.9m
Retained Earnings (Accumulated Deficit) $16.9m $21.9m $40.0m $65.8m $87.2m $118.2m $156.5m $173.1m $203.8m $248.7m
Accumulated Other Comprehensive Income (Loss), Net of Tax ($1.0m) ($1.2m) ($2.8m) $168k $2.2m $1.4m ($35.3m) ($25.9m) ($23.7m) ($9.3m)
Stockholders' Equity Attributable to Parent $105.2m $205.9m $283.0m $312.7m $357.2m $429.4m $432.5m $459.9m $491.3m $552.4m
Stockholders' Equity Attributable to Noncontrolling Interest $113k $113k
Liabilities and Equity $1.1b $1.7b $2.3b $2.4b $3.3b $4.6b $4.6b $4.8b $5.3b $5.9b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.