$SMBK
SMARTFINANCIAL INC. Stock $smbk

$smbk Overview Financials Valuation SEC Filings Company Website

2016 Q1 Form 10-Q Financial Statement

#000114420416102525 Filed on May 16, 2016

Income Statement

Concept	2016 Q1	2015 Q1
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$530.0K	$400.0K
YoY Change	32.5%	263.64%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense	$1.023M	$593.4K
YoY Change	72.39%	-17.88%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$2.113M	$777.3K
YoY Change	171.79%	16.58%
Income Tax	$763.8K	$297.8K
% Of Pretax Income	36.15%	38.31%
Net Earnings	$1.349M	$479.5K
YoY Change	181.29%	16.35%
Net Earnings / Revenue
Basic Earnings Per Share	$0.20	$0.01
Diluted Earnings Per Share	$0.19	$0.01
COMMON SHARES
Basic Shares Outstanding	5.807M shares	2.966M shares
Diluted Shares Outstanding	6.108M shares	3.293M shares

Balance Sheet

Concept	2016 Q1	2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$226.5M	$126.4M
YoY Change	79.24%	14.1%
Cash & Equivalents	$68.93M	$41.24M
Short-Term Investments	$157.6M	$85.12M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$25.70M	$6.297M
YoY Change	308.15%	27.75%
Goodwill	$4.166M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$1.016B	$426.0M
YoY Change	138.54%	-0.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable		$100.0K
YoY Change		0.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$20.70M	$19.50M
YoY Change	6.15%	3.17%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$20.70M	$100.0K
YoY Change	20600.0%	0.0%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$4.300M	$1.300M
YoY Change	230.77%	44.44%
Total Long-Term Liabilities	$4.300M	$1.300M
YoY Change	230.77%	44.44%
TOTAL LIABILITIES
Total Short-Term Liabilities	$20.70M	$100.0K
Total Long-Term Liabilities	$4.300M	$1.300M
Total Liabilities	$914.2M	$385.1M
YoY Change	137.41%	-0.84%
SHAREHOLDERS EQUITY
Retained Earnings	$13.23M	-$2.946M
YoY Change	-549.15%	-4.36%
Common Stock	$5.817M	$6.638M
YoY Change	-12.36%	0.16%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$102.0M	$40.93M
YoY Change
Total Liabilities & Shareholders Equity	$1.016B	$426.0M
YoY Change	138.54%	-0.71%

Cashflow Statement

Concept	2016 Q1	2015 Q1
OPERATING ACTIVITIES
Net Income	$1.349M	$479.5K
YoY Change	181.29%	16.35%
Depreciation, Depletion And Amortization	$530.0K	$400.0K
YoY Change	32.5%	263.64%
Cash From Operating Activities	$3.860M	$370.0K
YoY Change	943.24%	-56.47%
INVESTING ACTIVITIES
Capital Expenditures	$972.0K	$649.5K
YoY Change	49.66%	1862.97%
Acquisitions
YoY Change
Other Investing Activities	-$3.030M	$210.0K
YoY Change	-1542.86%	16.67%
Cash From Investing Activities	-$4.000M	-$440.0K
YoY Change	809.09%	-414.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$77.71K	$0.00
YoY Change		-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-10.89M	-5.430M
YoY Change	100.55%	38.52%
NET CHANGE
Cash From Operating Activities	3.860M	370.0K
Cash From Investing Activities	-4.000M	-440.0K
Cash From Financing Activities	-10.89M	-5.430M
Net Change In Cash	-11.03M	-5.500M
YoY Change	100.55%	87.71%
FREE CASH FLOW
Cash From Operating Activities	$3.860M	$370.0K
Capital Expenditures	$972.0K	$649.5K
Free Cash Flow	$2.888M	-$279.5K
YoY Change	-1133.41%	-134.21%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q4	us-gaap	Other Liabilities OtherLiabilities	3047792	USD
CY2016Q1	us-gaap	Foreclosed Assets ForeclosedAssets	5132706	USD
CY2016Q1	us-gaap	Other Assets OtherAssets	11206876	USD
CY2016Q1	us-gaap	Assets Assets	1016224138	USD
CY2016Q1	us-gaap	Noninterest Bearing Deposit Liabilities NoninterestBearingDepositLiabilities	132481514	USD
CY2016Q1	us-gaap	Demand Deposit Accounts DemandDepositAccounts	161453751	USD
CY2015Q4	us-gaap	Demand Deposit Accounts DemandDepositAccounts	149423954	USD
CY2015Q4	us-gaap	Time Deposits TimeDeposits	340739072	USD
CY2015Q4	us-gaap	Deposits Deposits	858482551	USD
CY2016Q1	smbk	Federal Home Loan Bank Advances And Other Borrowings FederalHomeLoanBankAdvancesAndOtherBorrowings	30125169	USD
CY2015Q4	smbk	Federal Home Loan Bank Advances And Other Borrowings FederalHomeLoanBankAdvancesAndOtherBorrowings	34187462	USD
CY2016Q1	us-gaap	Liabilities Liabilities	914235989	USD
CY2016Q1	us-gaap	Common Stock Value CommonStockValue	5817204	USD
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	5806477	USD
CY2016Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	82716630	USD
CY2015Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	82616015	USD
CY2016Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	13231351	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	12094488	USD
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	210964	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-352121	USD
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	101988149	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	100176859	USD
CY2016Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1016224138	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1023962879	USD
CY2016Q1	us-gaap	Federal Funds Sold FederalFundsSold	5105000	USD
CY2015Q4	us-gaap	Federal Funds Sold FederalFundsSold	6200000	USD
CY2016Q1	us-gaap	Investment Owned Restricted Cost InvestmentOwnedRestrictedCost	4451250	USD
CY2015Q4	us-gaap	Investment Owned Restricted Cost InvestmentOwnedRestrictedCost	4451050	USD
CY2016Q1	us-gaap	Deposits Savings Deposits DepositsSavingsDeposits	241499943	USD
CY2015Q4	us-gaap	Deposits Savings Deposits DepositsSavingsDeposits	236900945	USD
CY2016Q1	us-gaap	Preferred Stock Value PreferredStockValue	12000	USD
CY2015Q4	us-gaap	Preferred Stock Value PreferredStockValue	12000	USD
CY2016Q1	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	6847754	USD
CY2015Q4	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	6941107	USD
CY2016Q1	us-gaap	Other Liabilities OtherLiabilities	4252577	USD
CY2015Q1	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	4518547	USD
CY2016Q1	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	9374457	USD
CY2015Q1	us-gaap	Interest And Dividend Income Securities InterestAndDividendIncomeSecurities	417903	USD
CY2016Q1	us-gaap	Interest And Dividend Income Securities InterestAndDividendIncomeSecurities	716580	USD
CY2015Q1	smbk	Federal Funds Sold And Other Earning Assets FederalFundsSoldAndOtherEarningAssets	28161	USD
CY2016Q1	smbk	Federal Funds Sold And Other Earning Assets FederalFundsSoldAndOtherEarningAssets	63309	USD
CY2015Q1	us-gaap	Interest Income Operating InterestIncomeOperating	4964611	USD
CY2016Q1	us-gaap	Interest Income Operating InterestIncomeOperating	10154346	USD
CY2015Q1	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	0	USD
CY2016Q1	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	83263	USD
CY2016Q1	smbk	Gain Loss On Sale Of Foreclosed Assets GainLossOnSaleOfForeclosedAssets	57977	USD
CY2015Q1	smbk	Gain Loss On Sale Of Foreclosed Assets GainLossOnSaleOfForeclosedAssets	382657	USD
CY2016Q1	us-gaap	Interest Expense Deposits InterestExpenseDeposits	961268	USD
CY2015Q1	us-gaap	Interest Expense Deposits InterestExpenseDeposits	502655	USD
CY2016Q1	us-gaap	Advertising Expense AdvertisingExpense	173447	USD
CY2015Q1	us-gaap	Advertising Expense AdvertisingExpense	110663	USD
CY2016Q1	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	341380	USD
CY2015Q1	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	209713	USD
CY2016Q1	us-gaap	Professional Fees ProfessionalFees	455173	USD
CY2015Q1	us-gaap	Professional Fees ProfessionalFees	352098	USD
CY2016Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	93353	USD
CY2015Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	40775	USD
CY2016Q1	us-gaap	Professional And Contract Services Expense ProfessionalAndContractServicesExpense	285627	USD
CY2015Q1	us-gaap	Professional And Contract Services Expense ProfessionalAndContractServicesExpense	159070	USD
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5807488	shares
CY2015Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2965783	shares
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	6108087	shares
CY2015Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3293176	shares
CY2015Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	505558	USD
CY2016Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	614708	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	505558	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	563085	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	843950	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1911948	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	51623	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	0	USD
CY2016Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	212000	USD
CY2016Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	33635	USD
CY2016Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expense StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense	77707	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	563085	USD
CY2015Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	398329	USD
CY2016Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	525809	USD
CY2015Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	283942	USD
CY2016Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	137557	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3657	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	33635	USD
CY2015Q1	us-gaap	Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments	0	USD
CY2016Q1	us-gaap	Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments	83263	USD
CY2015Q1	smbk	Other Gains And Losses Of Asset Net OtherGainsAndLossesOfAssetNet	64681	USD
CY2016Q1	smbk	Other Gains And Losses Of Asset Net OtherGainsAndLossesOfAssetNet	221925	USD
CY2015Q1	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	382657	USD
CY2016Q1	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	57977	USD
CY2016Q1	us-gaap	Payments To Acquire Restricted Investments PaymentsToAcquireRestrictedInvestments	200	USD
CY2015Q1	us-gaap	Payments To Acquire Restricted Investments PaymentsToAcquireRestrictedInvestments	0	USD
CY2016Q1	us-gaap	Payments For Proceeds From Loans Receivable PaymentsForProceedsFromLoansReceivable	12967236	USD
CY2015Q1	us-gaap	Payments For Proceeds From Loans Receivable PaymentsForProceedsFromLoansReceivable	8173208	USD
CY2016Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	971967	USD
CY2015Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	649467	USD
CY2016Q1	smbk	Proceeds From Sale Of Foreclosed Assets And Other Assets ProceedsFromSaleOfForeclosedAssetsAndOtherAssets	283221	USD
CY2015Q1	smbk	Proceeds From Sale Of Foreclosed Assets And Other Assets ProceedsFromSaleOfForeclosedAssetsAndOtherAssets	1177480	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-4003587	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-437678	USD
CY2016Q1	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	-106932	USD
CY2015Q1	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	-2377	USD
CY2016Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	10061	USD
CY2015Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	4296	USD
CY2016Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-2061243	USD
CY2015Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	209647	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	3860935	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	374008	USD
CY2016Q1	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	628670	USD
CY2016Q1	smbk	Noncash Investing And Financing Activitieschange In Unrealized Gains On Securities Available For Sale NoncashInvestingAndFinancingActivitieschangeInUnrealizedGainsOnSecuritiesAvailableForSale	-912736	USD
CY2016Q1	us-gaap	Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet	-7321193	USD
CY2015Q1	us-gaap	Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet	-5151311	USD
CY2015Q1	smbk	Noncash Investing And Financing Activitieschange In Unrealized Gains On Securities Available For Sale NoncashInvestingAndFinancingActivitieschangeInUnrealizedGainsOnSecuritiesAvailableForSale	819247	USD
CY2016Q1	smbk	Net Payments On Federal Home Loan Bank Advances NetPaymentsOnFederalHomeLoanBankAdvances	22062293	USD
CY2015Q1	smbk	Net Payments On Federal Home Loan Bank Advances NetPaymentsOnFederalHomeLoanBankAdvances	12000000	USD
CY2015Q1	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	11752990	USD
CY2016Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	212000	USD
CY2015Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	30000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	77707	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-10889109	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-5428321	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-11031761	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-5491991	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	46736414	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	41244423	USD
CY2016Q1	us-gaap	Interest Paid InterestPaid	1012953	USD
CY2015Q1	us-gaap	Interest Paid InterestPaid	502004	USD
CY2016Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	USD
CY2015Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	500000	USD
CY2016Q1	us-gaap	Real Estate Acquisitions Through Foreclosures RealEstateAcquisitionsThroughForeclosures	0	USD
CY2015Q1	us-gaap	Real Estate Acquisitions Through Foreclosures RealEstateAcquisitionsThroughForeclosures	17960	USD
CY2016Q1	smbk	Financed Sales Of Foreclosed Assets FinancedSalesOfForeclosedAssets	0	USD
CY2015Q1	smbk	Financed Sales Of Foreclosed Assets FinancedSalesOfForeclosedAssets	0	USD
CY2016Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	9652595	USD
CY2015Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	7207517	USD
CY2015Q3	smbk	Business Combination Common Stock Shares Outstanding Value BusinessCombinationCommonStockSharesOutstandingValue	6643341	USD
CY2016Q1	smbk	Business Combination Estimated Fair Value Of Common Stock BusinessCombinationEstimatedFairValueOfCommonStock	25577000	USD
CY2016Q1	us-gaap	Business Combination Consideration Transferred1 BusinessCombinationConsiderationTransferred1	28435000	USD
CY2016Q1	us-gaap	Business Combination Consideration Transferred Other1 BusinessCombinationConsiderationTransferredOther1	2858000	USD
CY2015Q3	smbk	Business Combination Market Price Of Common Stock BusinessCombinationMarketPriceOfCommonStock	3.85
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Marketable Securities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsMarketableSecurities	74254000	USD
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables	314827000	USD
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment	9019000	USD
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents	33502000	USD
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	24269000	USD
CY2016Q1	us-gaap	Goodwill Goodwill	4166000	USD
CY2016Q1	smbk	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Bank Owned Life Insurance BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBankOwnedLifeInsurance	1278000	USD
CY2016Q1	smbk	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Core Deposit Intangible BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCoreDepositIntangible	2750000	USD
CY2016Q1	smbk	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Real Estate Owned BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherRealEstateOwned	5672000	USD
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets	4301000	USD
CY2016Q1	smbk	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deposits Liability BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDepositsLiability	349462000	USD
CY2016Q1	smbk	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Federal Home Loan Bank Advances And Other Borrowings BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFederalHomeLoanBankAdvancesAndOtherBorrowings	17622000	USD
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther	42307000	USD
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable	11943000	USD
CY2016Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	1949000	USD
CY2016Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	12899000	USD
CY2016Q1	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost	5356000	USD
CY2016Q1	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost	5110000	USD
CY2016Q1	us-gaap	Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost	131905000	USD
CY2016Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	1952000	USD
CY2016Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	12946000	USD
CY2016Q1	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	5429000	USD
CY2016Q1	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue	5166000	USD
CY2015Q4	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	727715000	USD
CY2016Q1	us-gaap	Allowance For Loan And Lease Loss Recovery Of Bad Debts AllowanceForLoanAndLeaseLossRecoveryOfBadDebts	69000	USD
CY2016Q1	us-gaap	Allowance For Loan And Lease Losses Write Offs AllowanceForLoanAndLeaseLossesWriteOffs	33000	USD
CY2015	us-gaap	Allowance For Loan And Lease Losses Write Offs AllowanceForLoanAndLeaseLossesWriteOffs	506000	USD
CY2015	us-gaap	Allowance For Loan And Lease Loss Recovery Of Bad Debts AllowanceForLoanAndLeaseLossRecoveryOfBadDebts	57000	USD
CY2016Q1	smbk	Financing Receivable Recorded Investments30 To89 Days Past Due FinancingReceivableRecordedInvestments30To89DaysPastDue	1384000	USD
CY2016Q1	us-gaap	Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue	132068000	USD
CY2016Q1	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	740940000	USD
CY2016Q1	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	4528000	USD
CY2014Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	3880000	USD
CY2016Q1	us-gaap	Financing Receivable Recorded Investment Past Due FinancingReceivableRecordedInvestmentPastDue	151000	USD
CY2015Q4	us-gaap	Financing Receivable Recorded Investment Nonaccrual Status FinancingReceivableRecordedInvestmentNonaccrualStatus	2252000	USD
CY2016Q1	us-gaap	Financing Receivable Recorded Investment Nonaccrual Status FinancingReceivableRecordedInvestmentNonaccrualStatus	2639000	USD
CY2016Q1	smbk	Financing Receivable Recorded Investment Past Due Including Nonaccrual Status FinancingReceivableRecordedInvestmentPastDueIncludingNonaccrualStatus	4174000	USD
CY2016Q1	smbk	Financing Receivable Recorded Investment Pci Loans FinancingReceivableRecordedInvestmentPciLoans	34290000	USD
CY2015Q4	smbk	Financing Receivable Recorded Investment Past Due Including Nonaccrual Status FinancingReceivableRecordedInvestmentPastDueIncludingNonaccrualStatus	4162000	USD
CY2015Q4	us-gaap	Financing Receivable Recorded Investment Current FinancingReceivableRecordedInvestmentCurrent	685276000	USD
CY2016Q1	smbk	Noninterest Bearing Demand Deposits NoninterestBearingDemandDeposits	132482000	USD
CY2016Q1	us-gaap	Financing Receivable Recorded Investment Current FinancingReceivableRecordedInvestmentCurrent	702476000	USD
CY2015Q4	smbk	Financing Receivable Recorded Investments30 To89 Days Past Due FinancingReceivableRecordedInvestments30To89DaysPastDue	1408000	USD
CY2015Q4	us-gaap	Financing Receivable Recorded Investment Past Due FinancingReceivableRecordedInvestmentPastDue	502000	USD
CY2015Q4	us-gaap	Investment Owned At Fair Value InvestmentOwnedAtFairValue	4451000	USD
CY2016Q1	us-gaap	Loans Receivable Fair Value Disclosure LoansReceivableFairValueDisclosure	745547000	USD
CY2015Q4	us-gaap	Loans Receivable Fair Value Disclosure LoansReceivableFairValueDisclosure	721338000	USD
CY2016Q1	smbk	Saving Deposits And Money Market Accounts SavingDepositsAndMoneyMarketAccounts	241500000	USD
CY2015Q4	smbk	Saving Deposits And Money Market Accounts SavingDepositsAndMoneyMarketAccounts	236901000	USD
CY2015Q4	smbk	Financing Receivable Recorded Investment Pci Loans FinancingReceivableRecordedInvestmentPciLoans	38277000	USD
CY2016Q1	us-gaap	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount Net CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet	34261000	USD
CY2016Q1	us-gaap	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Allowance For Loan Losses CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLosses	29000	USD
CY2016Q1	smbk	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Purchase Discount CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesPurchaseDiscount	8798000	USD
CY2016Q1	us-gaap	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Outstanding Balance CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesOutstandingBalance	43088000	USD
CY2016Q1	us-gaap	Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Period Increase Decrease CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYieldPeriodIncreaseDecrease	60000	USD
CY2015Q4	us-gaap	Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYield	10216000	USD
CY2016Q1	us-gaap	Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Accretion CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYieldAccretion	628000	USD
CY2016Q1	us-gaap	Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Reclassifications From Nonaccretable Difference CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYieldReclassificationsFromNonaccretableDifference	-41000	USD
CY2016Q1	us-gaap	Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYield	9606000	USD
CY2016Q1	us-gaap	Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Additions CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYieldAdditions	0	USD
CY2016Q1	us-gaap	Available For Sale Securities AvailableForSaleSecurities	157561000	USD
CY2015Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	166413000	USD
CY2016Q1	smbk	Impaired Loans Fair Value Disclosure ImpairedLoansFairValueDisclosure	160000	USD
CY2016Q1	smbk	Foreclosed Assets Fair Value ForeclosedAssetsFairValue	5133000	USD
CY2015Q4	smbk	Impaired Loans Fair Value Disclosure ImpairedLoansFairValueDisclosure	160000	USD
CY2015Q4	smbk	Foreclosed Assets Fair Value ForeclosedAssetsFairValue	5358000	USD
CY2016Q1	us-gaap	Marketable Securities MarketableSecurities	157561000	USD
CY2015Q4	us-gaap	Marketable Securities MarketableSecurities	166413000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	68933000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	79965000	USD
CY2016Q1	smbk	Marketable Securities Fair Value Disclosure MarketableSecuritiesFairValueDisclosure	157561000	USD
CY2015Q4	smbk	Marketable Securities Fair Value Disclosure MarketableSecuritiesFairValueDisclosure	166413000	USD
CY2016Q1	us-gaap	Investment Owned At Fair Value InvestmentOwnedAtFairValue	4451000	USD
CY2015Q4	smbk	Noninterest Bearing Demand Deposits NoninterestBearingDemandDeposits	131419000	USD
CY2016Q1	smbk	Interest Bearing Demand Deposits InterestBearingDemandDeposits	161454000	USD
CY2015Q4	smbk	Interest Bearing Demand Deposits InterestBearingDemandDeposits	149424000	USD
CY2016Q1	smbk	Savings Deposits And Money Market Accounts Fair Value SavingsDepositsAndMoneyMarketAccountsFairValue	241500000	USD
CY2015Q4	smbk	Savings Deposits And Money Market Accounts Fair Value SavingsDepositsAndMoneyMarketAccountsFairValue	236901000	USD
CY2016Q1	smbk	Time Deposits Fair Value TimeDepositsFairValue	325540000	USD
CY2015Q4	smbk	Time Deposits Fair Value TimeDepositsFairValue	342873000	USD
CY2016Q1	us-gaap	Federal Funds Purchased And Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure	20747000	USD
CY2015Q4	us-gaap	Federal Funds Purchased And Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure	28068000	USD
CY2016Q1	smbk	Federal Home Loan Bank Advances And Other Borrowings Fair Value FederalHomeLoanBankAdvancesAndOtherBorrowingsFairValue	30139000	USD
CY2015Q4	smbk	Federal Home Loan Bank Advances And Other Borrowings Fair Value FederalHomeLoanBankAdvancesAndOtherBorrowingsFairValue	34169000	USD
CY2016Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	1
CY2015Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	1
CY2016Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	12000	shares
CY2015Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	12000	shares
CY2016Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	12000	shares
CY2015Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	12000	shares
CY2016Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000	shares
CY2015Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000	shares
CY2016Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1
CY2016Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	40000000	shares
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	40000000	shares
CY2016Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5817204	shares
CY2016Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0
CY2015Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	5806477	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5806477	shares
CY2016Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	5817204	shares
CY2016Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	-381291	USD
CY2015Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	-313689	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax	31640	USD
CY2016Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: -1pt; MARGIN: 0pt 0px 0pt 1pt; FONT: 10pt Times New Roman, Times, Serif"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><u><i>Basis of Presentation and Accounting Estimates:</i></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">All adjustments consisting of normal recurring accruals, that in the opinion of management, are necessary for a fair presentation of the financial position and the results of operations for the periods covered by the report have been included. The accompanying unaudited consolidated financial statements and related notes appearing the in the 2015 Annual Report previously filed on form 10-K.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary. All significant intercompany balances and transactions have been eliminated in consolidation.</div> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">In preparing the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet, and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</div> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of foreclosed assets and deferred taxes, other-than-temporary impairments of securities, and the fair value of financial instruments.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The determination of the adequacy of the allowance for loan losses is based on estimates that are particularly susceptible to significant changes in the economic environment and market conditions. In connection with the determination of the estimated losses on loans, management obtains independent appraisals for significant collateral.</div> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The Company’s loans are generally secured by specific items of collateral including real property, consumer assets, and business assets. Although the Company has a diversified loan portfolio, a substantial portion of its debtors’ ability to honor their contracts is dependent on local economic conditions.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;CLEAR: both">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">While management uses available information to recognize losses on loans, further reductions in the carrying amounts of loans may be necessary based on changes in local economic conditions. In addition, regulatory agencies, as an integral part of their examination process, periodically review the estimated losses on loans. Such agencies may require the Company to recognize additional losses based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the estimated losses on loans may change materially in the near term. However, the amount of the change that is reasonably possible cannot be estimated.</div> </div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2016Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.15in; MARGIN: 0pt 0px 0pt 0.7pt; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: -0.7pt; MARGIN: 0pt 0px 0pt 0.7pt; FONT: 10pt Times New Roman, Times, Serif" align="justify"><u><i>Reclassifications:</i></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: -0.7pt; MARGIN: 0pt 0px 0pt 0.7pt; FONT: 10pt Times New Roman, Times, Serif" align="justify"><i> </i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: -0.7pt; MARGIN: 0pt 0px 0pt 0.7pt; FONT: 10pt Times New Roman, Times, Serif" align="justify">Certain amounts in the prior consolidated financial statements have been reclassified to conform to the current period presentation. The reclassifications had no effect on net income, total assets or stockholders’ equity as previously reported.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2016Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	157219000	USD
CY2016Q1	us-gaap	Available For Sale Securities Gross Unrealized Gains AvailableForSaleSecuritiesGrossUnrealizedGains	773000	USD
CY2016Q1	us-gaap	Available For Sale Securities Gross Unrealized Loss AvailableForSaleSecuritiesGrossUnrealizedLoss	431000	USD
CY2015Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	166984000	USD
CY2015	us-gaap	Available For Sale Securities Gross Unrealized Gains AvailableForSaleSecuritiesGrossUnrealizedGains	475000	USD
CY2015	us-gaap	Available For Sale Securities Gross Unrealized Loss AvailableForSaleSecuritiesGrossUnrealizedLoss	1046000	USD
CY2016Q1	smbk	Available For Sale Securities Debt Maturities Before Without Single Maturity Date Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesBeforeWithoutSingleMaturityDateAmortizedCost	25314000	USD
CY2016Q1	smbk	Available For Sale Securities Debt Maturities Before Without Single Maturity Date Fair Value AvailableForSaleSecuritiesDebtMaturitiesBeforeWithoutSingleMaturityDateFairValue	25493000	USD
CY2016Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	35491000	USD
CY2016Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses	137000	USD
CY2016Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	12127000	USD
CY2016Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses	294000	USD
CY2016Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue	47618000	USD
CY2016Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses	431000	USD
CY2015Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	83561000	USD
CY2015	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses	537000	USD
CY2015Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	16325000	USD
CY2015	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses	509000	USD
CY2015Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue	99886000	USD
CY2015	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses	1046000	USD
CY2016Q1	us-gaap	Available For Sale Securities Pledged As Collateral AvailableForSaleSecuritiesPledgedAsCollateral	105900000	USD
CY2016Q1	smbk	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Net Of Purchase Discount CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesNetOfPurchaseDiscount	34290000	USD
CY2016Q1	us-gaap	Unused Commitments To Extend Credit UnusedCommitmentsToExtendCredit	127800000	USD
CY2016Q1	smbk	Outstanding Off Balance Sheet Risks Amount Liability OutstandingOffBalanceSheetRisksAmountLiability	2900000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax	0	USD
CY2016Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	300599	shares
CY2015Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	327393	shares
CY2016Q1	us-gaap	Available For Sale Securities Gross Realized Losses AvailableForSaleSecuritiesGrossRealizedLosses	0	USD
CY2015	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	923000	USD
CY2016Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	18000000	USD
CY2015Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	USD
CY2016Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	18100	shares
CY2015Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2014Q4	us-gaap	Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYield	3816000	USD
CY2015Q1	us-gaap	Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Additions CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYieldAdditions	0	USD
CY2015Q1	us-gaap	Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Accretion CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYieldAccretion	393000	USD
CY2015Q1	us-gaap	Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Reclassifications From Nonaccretable Difference CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYieldReclassificationsFromNonaccretableDifference	0	USD
CY2015Q1	us-gaap	Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Period Increase Decrease CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYieldPeriodIncreaseDecrease	107000	USD
CY2015Q1	us-gaap	Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYield	3530000	USD
CY2015Q4	us-gaap	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Allowance For Loan Losses CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLosses	0	USD
CY2016Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	5072500	USD
CY2016Q1	us-gaap	Available For Sale Securities Gross Realized Gains AvailableForSaleSecuritiesGrossRealizedGains	83263	USD
CY2015Q1	us-gaap	Available For Sale Securities Gross Realized Gains AvailableForSaleSecuritiesGrossRealizedGains	0	USD
CY2016Q1	us-gaap	Impaired Financing Receivable With No Related Allowance Recorded Investment ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment	6753000	USD
CY2016Q1	us-gaap	Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance	7465000	USD
CY2016Q1	us-gaap	Impaired Financing Receivable With No Related Allowance Average Recorded Investment ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment	6716000	USD
CY2016Q1	us-gaap	Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod	71000	USD
CY2016Q1	us-gaap	Impaired Financing Receivable With Related Allowance Recorded Investment ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment	385000	USD
CY2016Q1	us-gaap	Impaired Financing Receivable With Related Allowance Unpaid Principal Balance ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance	418000	USD
CY2016Q1	us-gaap	Impaired Financing Receivable Related Allowance ImpairedFinancingReceivableRelatedAllowance	225000	USD
CY2016Q1	us-gaap	Impaired Financing Receivable With Related Allowance Average Recorded Investment ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment	402000	USD
CY2016Q1	us-gaap	Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod	0	USD
CY2016Q1	us-gaap	Impaired Financing Receivable Recorded Investment ImpairedFinancingReceivableRecordedInvestment	7138000	USD
CY2015Q4	us-gaap	Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance	7375000	USD
CY2015	us-gaap	Impaired Financing Receivable With No Related Allowance Average Recorded Investment ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment	6999000	USD
CY2016Q1	us-gaap	Impaired Financing Receivable Unpaid Principal Balance ImpairedFinancingReceivableUnpaidPrincipalBalance	7883000	USD
CY2016Q1	smbk	Impaired Financing Receivable Related Allowance Total ImpairedFinancingReceivableRelatedAllowanceTotal	225000	USD
CY2016Q1	us-gaap	Impaired Financing Receivable Average Recorded Investment ImpairedFinancingReceivableAverageRecordedInvestment	7118000	USD
CY2016Q1	us-gaap	Impaired Financing Receivable Interest Income Cash Basis Method ImpairedFinancingReceivableInterestIncomeCashBasisMethod	71000	USD
CY2015Q4	us-gaap	Impaired Financing Receivable With No Related Allowance Recorded Investment ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment	6675000	USD
CY2015	us-gaap	Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod	183000	USD
CY2015Q4	us-gaap	Impaired Financing Receivable With Related Allowance Recorded Investment ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment	418000	USD
CY2015Q4	us-gaap	Impaired Financing Receivable With Related Allowance Unpaid Principal Balance ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance	418000	USD
CY2015Q4	us-gaap	Impaired Financing Receivable Related Allowance ImpairedFinancingReceivableRelatedAllowance	258000	USD
CY2015	us-gaap	Impaired Financing Receivable With Related Allowance Average Recorded Investment ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment	448000	USD
CY2015	us-gaap	Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod	0	USD
CY2015Q4	us-gaap	Impaired Financing Receivable Recorded Investment ImpairedFinancingReceivableRecordedInvestment	7093000	USD
CY2015Q4	us-gaap	Impaired Financing Receivable Unpaid Principal Balance ImpairedFinancingReceivableUnpaidPrincipalBalance	7793000	USD
CY2015Q4	smbk	Impaired Financing Receivable Related Allowance Total ImpairedFinancingReceivableRelatedAllowanceTotal	258000	USD
CY2015	us-gaap	Impaired Financing Receivable Average Recorded Investment ImpairedFinancingReceivableAverageRecordedInvestment	7447000	USD
CY2015	us-gaap	Impaired Financing Receivable Interest Income Cash Basis Method ImpairedFinancingReceivableInterestIncomeCashBasisMethod	183000	USD

Files In Submission

Name	View Source	Status
0001144204-16-102525-index-headers.html	Edgar Link	pending
0001144204-16-102525-index.html	Edgar Link	pending
0001144204-16-102525.txt	Edgar Link	pending
0001144204-16-102525-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
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R3.htm	Edgar Link	pending
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R4.htm	Edgar Link	pending
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R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
smbk-20160331.xml	Edgar Link	completed
smbk-20160331.xsd	Edgar Link	pending
smbk-20160331_cal.xml	Edgar Link	unprocessable
smbk-20160331_def.xml	Edgar Link	unprocessable
smbk-20160331_lab.xml	Edgar Link	unprocessable
smbk-20160331_pre.xml	Edgar Link	unprocessable
tlogo.jpg	Edgar Link	pending
v439263_10q.htm	Edgar Link	pending
v439263_ex31-1.htm	Edgar Link	pending
v439263_ex31-2.htm	Edgar Link	pending
v439263_ex32-1.htm	Edgar Link	pending
v439263_ex32-2.htm	Edgar Link	pending

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SMARTFINANCIAL INC. Stock $smbk

2016 Q1 Form 10-Q Financial Statement

#000114420416102525 Filed on May 16, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SMBK SMARTFINANCIAL INC. Stock $smbk

2016 Q1 Form 10-Q Financial Statement

#000114420416102525 Filed on May 16, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SMBK
SMARTFINANCIAL INC. Stock $smbk