Replies to post #16 on SmartFinancial Inc. (SMBK)

[Enterprising Investor]

Things are getting better at CSBQ.

Only one issue - preferred dividends.

The Series A Convertible Preferred dividend requirement of $375 thousand and accretion on the preferred stock discount of $17,845 left net income available to common shareholders at only $35,703 for the third quarter.