SmartBank

2430 Teaster Lane, Suite 205
Pigeon Forge, TN 37863

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58463
Date Established 2007
Assets $1.14 billion
Loans $0.86 billion
Deposits $0.99 billion
Capital $0.12 billion

SmartBank is an FDIC insured institution located in Pigeon Forge, TN. It was founded in 2007 and has approximately $1.14 billion in assets. Customers can open an account at one of its 14 branches.

For a more detailed analysis of SmartBank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in SmartBank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Tennessee, SmartBank has a significantly higher percent of Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 24.04
Multifamily
Mortgages
2.35
Credit Card Loans 0.05
Consumer Auto Loans 0.07
Small Business Loans 14.01
Construction and Development Loans 11.77
Commercial Real Estate 49.09
Commercial and Industrial Loans 12.21
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.25% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.40% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.70% $1,000 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.10% $2,500 $24,999 Learn MoreShow Less
MM 25K
0.20% $25,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $1 $1,499 Learn MoreShow Less
Int Ckg 2.5K
0.20% $1,500 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for SmartBank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
3.896% 3.875% 0.25 $628 $1,176 Learn More
PenFed Credit Union
NMLS ID: 401822
3.832% 3.750% 0.00 $2,500 $1,158 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More
Flagstar Bank 4.990% $268.11 Learn More

Note to SmartBank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

SmartBank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


SmartBank Locations

Financial Details

SmartBank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of SmartBank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
SmartBank U.S. Bank Average
2.78% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, SmartBank had $1,114,000 in non-current loans and $2,369,000 in owned real estate. To cover these potential losses it had $119,989,000 in equity and $5,498,000 in loans loss reserves. That gives it a Texas Ratio of 2.78%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
SmartBank U.S. Bank Average
7.4% 8.58

SmartBank has a Return on Equity of 7.4% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
SmartBank U.S. Bank Average
10.51% 12.11

SmartBank has a Capitalization of 10.51% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

SmartBank Balance Sheet Analysis

As of June 30, 2017, SmartBank had assets of $1,141,345,000, loans of $859,617,000, and deposits of $994,629,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About SmartBank

Branches and Savings

Is SmartBank FDIC insured?

Yes. It is covered under FDIC Certificate #58463.

Why does SmartBank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are SmartBank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is SmartBank a commercial bank?

Yes

Where are SmartBank locations?

See branch locations nearby.

Is SmartBank open on Saturdays?

Is SmartBank open on Sundays?

What time does SmartBank open?

What time does SmartBank close?

Are SmartBank ATMs Open 24/7?

Do SmartBank ATMs accept cash deposits?

Can SmartBank customers use other ATMs?

Do SmartBank branches have notaries?

Will SmartBank notarize my document?

What address for SmartBank should I put for incoming ACH transfers?

Will the SmartBank branch print checks?

Do SmartBank checks expire?

Does SmartBank require US citizenship to open account?

Can SmartBank close my account?

Does SmartBank Report to credit bureaus?

Does SmartBank Use Equifax?

What is SmartBank's ACH Routing Number?

What is SmartBank's SWIFT code?

Products

Does SmartBank offer mortgages?

Compare mortgage rates here.

Does SmartBank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does SmartBank offer personal loans?

Compare personal loan rates here.

Does SmartBank offer student loans?

Will SmartBank cash a check?

Will SmartBank redeem a savings bond?

Does SmartBank cash savings bonds?

Will SmartBank cash money orders?

Can SmartBank issue a money order?

Does SmartBank do currency exchange?

Background on The Bank

Who owns SmartBank?

How long has SmartBank been around?

Can SmartBank transfer to other banks?

Does SmartBank have quick pay?

Does SmartBank accept rolled coins?

Will SmartBank accept loose change?

Where is SmartBank headquarters?

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