Regulatory Matters (Tables)

12 Months Ended

Dec. 31, 2019

Actual and required capital levels at December 31, 2019 and 2018 are presented below (dollars in thousands):


	Actual						Minimum for capital adequacy purposes						Minimum to be well capitalized under prompt corrective action provisions¹
	Amount		Ratio		Amount		Ratio		Amount		Ratio
December 31, 2019
SmartFinancial:
Total Capital (to Risk Weighted Assets)	$	287,937	14.02	%	$	164,313	8.00	%	N/A		N/A
Tier 1 Capital (to Risk Weighted Assets)	238,433		11.61	%	123,235		6.00	%	N/A		N/A
Common Equity Tier 1 Capital (to Risk Weighted Assets)	238,433		11.61	%	92,426		4.50	%	N/A		N/A
Tier 1 Capital (to Average Assets)²	238,433		10.34	%	92,258		4.00	%	N/A		N/A

SmartBank:
Total Capital (to Risk Weighted Assets)	$	273,432	13.31	%	$	164,305	8.00	%	$	205,382	10.00	%
Tier 1 Capital (to Risk Weighted Assets)	263,189		12.81	%	123,229		6.00	%	164,305		8.00	%
Common Equity Tier 1 Capital (to Risk Weighted Assets)	263,189		12.81	%	92,422		4.50	%	133,498		6.50	%
Tier 1 Capital (to Average Assets)²	263,189		11.41	%	92,254		4.00	%	115,317		5.00	%

December 31, 2018
SmartFinancial:
Total Capital (to Risk Weighted Assets)	$	257,545	13.47	%	$	152,971	8.00	%	N/A		N/A
Tier 1 Capital (to Risk Weighted Assets)	210,093		10.99	%	114,728		6.00	%	N/A		N/A
Common Equity Tier 1 Capital (to Risk Weighted Assets)	210,093		10.99	%	86,046		4.50	%	N/A		N/A
Tier 1 Capital (to Average Assets)	210,093		9.91	%	84,821		4.00	%	N/A		N/A

SmartBank:
Total Capital (to Risk Weighted Assets)	$	243,774	12.74	%	$	153,017	8.00	%	$	191,271	10.00	%
Tier 1 Capital (to Risk Weighted Assets)	235,499		12.31	%	114,763		6.00	%	153,017		8.00	%
Common Equity Tier 1 Capital (to Risk Weighted Assets)	235,499		12.31	%	86,072		4.50	%	124,326		6.50	%
Tier 1 Capital (to Average Assets)	235,499		11.17	%	84,300		4.00	%	105,375		5.00	%

¹The prompt corrective action provisions are applicable at the Bank level only.

2Average assets for the above calculations were based on the most recent quarter.