SmartBank
Pigeon Forge, Tennessee, Sevier County
$6.1B in total assets, the 255th largest of 4,309 US banks and 4th of 109 headquartered in Tennessee.
- FDIC certificate
- 58463
- Established
- 2007
- Owned by
- Smartfinancial Inc
- Primary regulator
- FED
- Website
- http://www.smartbank.com
At a glance
Compared with 27 banks headquartered in Tennessee with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $6.1B | 98% | $1.6B | |
| Loans | $4.7B | 98% | $1.1B | |
| Deposits | $5.4B | 98% | $1.4B | |
| Return on assets | 1.10% | 30% | 1.40% | |
| Net interest margin | 3.56% | 41% | 3.79% | |
| Efficiency ratio | 57.6% | 59% | 55.8% | |
| Equity to assets | 10.77% | 74% | 10.05% | |
| Loans to deposits | 87% | 67% | 82% |
Growth
Total assets grew 10.9% a year over the last 5 years and 19.5% a year over 10 years, including 5 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Sep 2021 | Sevier County Bank Sevierville, TN | $475M |
| Mar 2020 | Progressive Savings Bank Jamestown, TN | $295M |
| Nov 2018 | Foothills Bank & Trust Maryville, TN | $219M |
| May 2018 | Southern Community Bank Tullahoma, TN | $237M |
| Nov 2017 | Capstone Bank Tuscaloosa, AL | $511M |
| Feb 2016 | Cornerstone Community Bank Chattanooga, TN, an affiliate under the same holding company | $440M |
| Oct 2012 | GulfSouth Private Bank Destin, FL | $139M |
Where they operate
42 branches in 26 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Sevier County, TN | $1.3B | 30.5% | 2 of 8 |
| Tuscaloosa County, AL | $594M | 13.0% | 3 of 25 |
| Hamilton County, TN | $524M | 4.1% | 7 of 23 |
| Knox County, TN | $463M | 2.4% | 9 of 31 |
| Lee County, AL | $288M | 6.4% | 8 of 21 |
| Montgomery County, AL | $220M | 3.0% | 8 of 20 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 34 branches since 2016 (8 to 42, +425.0%). 17 opened, 29 acquired, 12 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 8 | |||
| 2016 | Acquired Cornerstone Community BankClosed Pensacola | 6 | 1 | +5 | 13 |
| 2017 | Acquired Capstone BankOpened Cleveland and Panama City | 10 | 0 | +10 | 23 |
| 2018 | Acquired Southern Community Bank and Foothills Bank & TrustOpened Sevierville, closed Chattanooga | 8 | 1 | +7 | 30 |
| 2019 | Opened Panama CityClosed Dalton and Panama City | 1 | 2 | −1 | 29 |
| 2020 | Acquired Progressive Savings BankOpened Alcoa and Murfreesboro, closed Crossville and Maryville | 8 | 2 | +6 | 35 |
| 2021 | Acquired Sevier County BankOpened 4 in 2 states, closed Murfreesboro | 6 | 2 | +4 | 39 |
| 2022 | Opened 3 in 2 statesClosed Crossville | 3 | 1 | +2 | 41 |
| 2023 | Opened Dothan and TallahasseeClosed Dothan | 2 | 1 | +1 | 42 |
| 2024 | Opened AuburnClosed Auburn | 1 | 1 | 0 | 42 |
| 2025 | Opened MontgomeryClosed Montgomery | 1 | 1 | 0 | 42 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 45% | 30% | |
| 1-4 family residential | 19% | 33% | |
| Business (C&I) | 18% | 10% | |
| Construction and land | 11% | 11% | |
| Multifamily | 5% | 4% | |
| Consumer | 0% | 6% | |
| Farmland | 0% | 2% | |
| Other | 1% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 64% | 49% | |
| Time deposits | 18% | 34% | |
| Noninterest-bearing | 17% | 17% |
Brokered deposits are 2.0% of deposits (peers 7.7%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.24% | 0.35% |
| Net charge-offs, annualized | 0.03% | 0.03% |
| Reserves to loans | 0.96% | 1.15% |
| Leverage ratio | 9.86% | 10.20% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Tennessee
Largest competitors in Sevier County, TN
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/smartbank