SmartBank: how it compares with its peers
Against 283 U.S. banks with half to twice its assets, SmartBank's strongest measure in Q2 2026 is assets per employee ($10.0M vs. a $9.8M peer median). Its weakest relative measure is return on assets (1.12% vs. 1.33%).
| Measure | SmartBank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.12% | 1.33% | Bottom third Ahead of 31% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.56% | 3.68% | Middle third Ahead of 43% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 57.61% | 55.18% | Middle third Ahead of 42% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.0M | $9.8M | Middle third Ahead of 52% of peers |
| Loans to deposits Net loans and leases over total deposits. | 86.16% | 88.77% | Context |
What it means for lending operations
Its efficiency ratio of 57.61% is above the 55.18% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Bradesco Bank Coral Gables, FL · $6.10B
- CFG Bank Lutherville, MD · $6.12B
- Shore United Bank, National Association Easton, MD · $6.15B
- Middlesex Savings Bank Natick, MA · $6.15B
- First Financial Bank, National Association Terre Haute, IN · $6.17B
- River City Bank Sacramento, CA · $6.04B
Questions about SmartBank
How big is SmartBank?
SmartBank, established in 2007, is headquartered in Pigeon Forge, TN. It reported $6.11B in total assets in its Q2 2026 FDIC call report and operates 44 offices.
What is SmartBank's return on assets?
1.12% annualized in Q2 2026, against a 1.33% median for 283 U.S. banks with half to twice its assets, ahead of 31% of them.
What is SmartBank's efficiency ratio?
57.61% in Q2 2026: it spent about 58 cents in noninterest expense for each dollar of revenue. The peer median is 55.18%, and lower is better.
Is SmartBank growing its loans?
Net loans grew 13.6% over the year to Q2 2026, while deposits grew 10.6%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are U.S. banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Tennessee bank ranked.