SmartFinancial, Inc. (SMBK) — Net Asset Quality Index
SmartFinancial, Inc. (SMBK) has a Net Asset Quality Index of 9.3% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $5.78 Billion minus total liabilities of $5.25 Billion yields net assets of $538.48 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read SMBK total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
SmartFinancial, Inc. Net Asset Quality Index Over Time (2001–2024)
This chart shows how SmartFinancial, Inc.'s Net Asset Quality Index has evolved across 24 annual periods from 2001 to 2024. As of September 2025, the index stands at 9.3%, representing net assets of $538.48 Million against total assets of $5.78 Billion USD. For live market cap and overall valuation, see SMBK company net worth.
Annual Net Asset Quality Index for SmartFinancial, Inc. (2001–2024)
The table below presents the year-by-year Net Asset Quality Index for SmartFinancial, Inc. from 2001 to 2024, covering 24 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check SmartFinancial, Inc. strategic capital allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 9.3% | $491.46 Million | $5.28 Billion | $4.78 Billion | ▼ -0.2 pp |
| 2023 | 9.5% | $459.89 Million | $4.83 Billion | $4.37 Billion | ▲ +0.1 pp |
| 2022 | 9.4% | $432.45 Million | $4.61 Billion | $4.18 Billion | ▲ +0.1 pp |
| 2021 | 9.3% | $429.43 Million | $4.61 Billion | $4.18 Billion | ▼ -87.0 pp |
| 2020 | 96.4% | $3.18 Billion | $3.30 Billion | $120.55 Million | ▲ +83.6 pp |
| 2019 | 12.8% | $312.75 Million | $2.45 Billion | $2.14 Billion | ▲ +0.3 pp |
| 2018 | 12.4% | $283.01 Million | $2.27 Billion | $1.99 Billion | ▲ +0.5 pp |
| 2017 | 12.0% | $205.85 Million | $1.72 Billion | $1.51 Billion | ▲ +2.1 pp |
| 2016 | 9.9% | $105.24 Million | $1.06 Billion | $957.22 Million | ▲ +0.1 pp |
| 2015 | 9.8% | $100.18 Million | $1.02 Billion | $923.79 Million | ▼ -0.7 pp |
| 2014 | 10.5% | $55.89 Million | $533.80 Million | $477.91 Million | ▲ +1.2 pp |
| 2013 | 9.3% | $40.13 Million | $432.22 Million | $392.09 Million | ▲ +0.0 pp |
| 2012 | 9.3% | $40.89 Million | $440.46 Million | $399.57 Million | ▲ +1.0 pp |
| 2011 | 8.3% | $35.21 Million | $422.65 Million | $387.45 Million | ▲ +2.5 pp |
| 2010 | 5.8% | $25.82 Million | $441.50 Million | $415.68 Million | ▲ +0.6 pp |
| 2009 | 5.2% | $27.84 Million | $532.40 Million | $504.57 Million | ▼ -2.5 pp |
| 2008 | 7.7% | $36.50 Million | $471.80 Million | $435.30 Million | ▼ -0.4 pp |
| 2007 | 8.2% | $36.33 Million | $444.42 Million | $408.09 Million | ▼ -2.0 pp |
| 2006 | 10.2% | $38.18 Million | $374.94 Million | $336.76 Million | ▲ +0.2 pp |
| 2005 | 10.0% | $32.47 Million | $323.61 Million | $291.15 Million | ▲ +0.1 pp |
| 2004 | 10.0% | $24.81 Million | $248.61 Million | $223.81 Million | ▲ +1.6 pp |
| 2003 | 8.4% | $16.90 Million | $201.00 Million | $184.09 Million | ▼ -1.1 pp |
| 2002 | 9.5% | $15.15 Million | $159.90 Million | $144.76 Million | ▼ -0.4 pp |
| 2001 | 9.9% | $14.08 Billion | $142.46 Billion | $128.38 Billion | — |