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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2019
Foothills Bancorp [Member]  
Business Acquisition [Line Items]  
Schedule of Business Acquisitions
The following table details the financial impact of the merger, including the calculation of the purchase price, the allocation of
the purchase price to the fair values of net assets assumed, and goodwill recognized, as of acquisition date:
Calculation of Purchase Price
Shares of SMBK common stock issued to Foothills Bancorp shareholders as of November 1, 20181,183,232  
Market price of SMBK common stock on November 1, 2018$20.34  
Estimated fair value of SMBK common stock issued (in thousands)24,067  
Cash consideration paid (in thousands)6,069  
Total consideration (in thousands)$30,136  
Allocation of Purchase Price (in thousands)
Total consideration above$30,136  
Fair value of assets acquired and liabilities assumed: 
Cash and cash equivalents4,882  
Investment securities available-for-sale48,091  
Restricted investments551  
Loans153,692  
Premises and equipment3,622  
Core deposit intangible3,670  
Prepaid and other assets3,944  
Deposits(185,259) 
FHLB advances and other borrowings(10,257) 
Payables and other liabilities(276) 
Total fair value of net assets acquired22,660  
Goodwill$7,476  
Tennessee Bancshares [Member]  
Business Acquisition [Line Items]  
Schedule of Business Acquisitions
The following table details the financial impact of the merger, including the calculation of the purchase price, the allocation of
the purchase price to the fair values of net assets assumed, and goodwill recognized, as of acquisition date:

Calculation of Purchase Price
Shares of SMBK common stock issued to TN Bancshares shareholders as of May 1, 20181,458,981  
Market price of SMBK common stock on May 1, 2018$23.85  
Estimated fair value of SMBK common stock issued (in thousands)34,797  
Cash consideration paid (in thousands) 
Total consideration (in thousands)$34,802  
Allocation of Purchase Price (in thousands)
Total consideration above$34,802  
Fair value of assets acquired and liabilities assumed: 
Cash and cash equivalents5,723  
Investment securities available-for-sale24,563  
Restricted investments464  
Loans180,490  
Premises and equipment9,470  
Core deposit intangible2,290  
Other real estate owned674  
Prepaid and other assets2,207  
Deposits(202,272) 
FHLB advances and other borrowings(4,000) 
Payables and other liabilities(586) 
Total fair value of net assets acquired19,023  
Goodwill$15,779