SmartFinancial, Inc. (NASDAQ:SMBK) Q2 2018 Earnings Conference Call - Final Transcript

Jul 25, 2018 • 10:00 am ET

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SmartFinancial, Inc. (NASDAQ:SMBK) Q2 2018 Earnings Conference Call - Final Transcript

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Presentation
Executive
Billy Carroll

do that over the last quarter as well, added several revenue producers to our teams in various markets. And those folks, those newest team members are really starting to grow some nice pipelines as well.

One of the things that Bryan touched on and I really like as well, when you look at Slide 17, deposit and loan composition, very well balanced. I like the balance that we're seeing in those pie charts. It makes me feel good to see those continue to move in really nice diversification direction, especially on the deposit side as we are focused on growing the lower-cost funds there.

So to summarize, a really nice quarter, continued organic growth, while closing a deal, planning its integration and announcing a new one. Core operating metrics have progressed as planned, and really like where we are as we move into the second half of the year.

So really I'll wrap up there. And before I do wrap, Frank had mentioned in the opening that we've got a new team member that's on our call out today, Ron Gorczynski. Ron joined our team in the second quarter after a very long successful run over at Bank of North Carolina. So great to have Ron's expertise on our smart financial team. And Ronnie, any comments from you before we wrap.

Executive
Ron Gorczynski

Yes, thanks, Billy, I'm excited to be here. I came here and hit the ground running. SmartBank has a lot of things going on. One thing to note, I was very impressed with the sound M&A foundation that's already in place. So we have a very talented team here, much energy and enthusiasm. I'm glad to be part of the SmartBank family.

Executive
Billy Carroll

Right. Thanks, Ron. And at that point, I guess I'll -- we'll stop, and we'll open up for questions.