Regulatory Matters (Tables)

6 Months Ended

Jun. 30, 2022

Banking and Thrift [Abstract]

Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations

Actual and required capital levels at June 30, 2022, and December 31, 2021 are presented below (dollars in thousands):

									Minimum to be
									well
									capitalized under
					Minimum for				prompt
					capital				corrective action
		Actual			adequacy purposes				provisions1
	Amount		Ratio		Amount		Ratio		Amount		Ratio
June 30, 2022
SmartFinancial:
Total Capital (to Risk Weighted Assets)	$	407,413	11.80	%	$	276,136	8.00	%		N/A	N/A
Tier 1 Capital (to Risk Weighted Assets)		343,502	9.95	%		207,102	6.00	%		N/A	N/A
Common Equity Tier 1 Capital (to Risk Weighted Assets)		343,502	9.95	%		155,326	4.50	%		N/A	N/A
Tier 1 Capital (to Average Assets)2		343,502	7.48	%		183,749	4.00	%		N/A	N/A
SmartBank:
Total Capital (to Risk Weighted Assets)	$	404,412	11.72	%	$	276,138	8.00	%	$	345,173	10.00	%
Tier 1 Capital (to Risk Weighted Assets)		382,474	11.08	%		207,104	6.00	%		276,138	8.00	%
Common Equity Tier 1 Capital (to Risk Weighted Assets)		382,474	11.08	%		155,328	4.50	%		224,362	6.50	%
Tier 1 Capital (to Average Assets)2		382,474	8.33	%		183,745	4.00	%		229,682	5.00	%
December 31, 2021
SmartFinancial:
Total Capital (to Risk Weighted Assets)	$	386,627	12.55	%	$	246,483	8.00	%		N/A	N/A
Tier 1 Capital (to Risk Weighted Assets)		325,345	10.56	%		184,862	6.00	%		N/A	N/A
Common Equity Tier 1 Capital (to Risk Weighted Assets)		325,345	10.56	%		138,647	4.50	%		N/A	N/A
Tier 1 Capital (to Average Assets)		325,345	7.45	%		174,578	4.00	%		N/A	N/A
SmartBank:
Total Capital (to Risk Weighted Assets)	$	378,055	12.29	%	$	246,053	8.00	%	$	307,566	10.00	%
Tier 1 Capital (to Risk Weighted Assets)		358,703	11.66	%		184,539	6.00	%		246,053	8.00	%
Common Equity Tier 1 Capital (to Risk Weighted Assets)		358,703	11.66	%		138,405	4.50	%		199,918	6.50	%
Tier 1 Capital (to Average Assets)		358,703	8.23	%		174,384	4.00	%		217,980	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.