SMARTFINANCIAL, INC. (NASDAQ:SMBK) Files An 8-K Results of Operations and Financial Condition
Item 2.02
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Results of Operations and Financial Condition.
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reporting earnings results for its first>quarter ending March
31, 2017. The press release is attached as Exhibit 99.1 to this
Form 8-K and is furnished to, but not filed with, the Commission.
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Item 9.01
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Financial Statements and Exhibits
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99.1
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Press Release issued by SmartFinancial, Inc. dated
April 25,2017 |
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99.2
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Slide Package prepared for use in connection with
SmartFinancials conference call to be held on April 25, 2017 |
About SMARTFINANCIAL, INC. (NASDAQ:SMBK)
SmartFinancial, Inc., formerly Cornerstone Bancshares, Inc., is a bank holding company. The Company operates through its SmartBank subsidiary (The Bank). The principal business of the Bank consists of attracting deposits from the public and investing those funds, together with funds generated from operations and from principal and interest payments on loans. It offers commercial real estate-mortgage, consumer real estate-mortgage, construction and land development, commercial and industrial, and consumer and other loans. The Bank’s investment portfolio consists of Federal agency bonds, mortgage-backed securities, and state and municipal securities. The Bank provides a range of deposit services to businesses and individuals, including non-interest bearing checking accounts, interest bearing checking accounts, savings accounts, money market accounts, individual retirement accounts (IRAs) and certificates of deposit (CDs). SmartBank operates in approximately seven banking offices. SMARTFINANCIAL, INC. (NASDAQ:SMBK) Recent Trading Information
SMARTFINANCIAL, INC. (NASDAQ:SMBK) closed its last trading session up +0.61 at 22.31 with shares trading hands.
