<SEC-DOCUMENT>0001628280-18-006083.txt : 20180508
<SEC-HEADER>0001628280-18-006083.hdr.sgml : 20180508
<ACCEPTANCE-DATETIME>20180507174955
ACCESSION NUMBER:		0001628280-18-006083
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20180507
ITEM INFORMATION:		Completion of Acquisition or Disposition of Assets
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180508
DATE AS OF CHANGE:		20180507

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMARTFINANCIAL INC.
		CENTRAL INDEX KEY:			0001038773
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				621173944
		STATE OF INCORPORATION:			TN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37661
		FILM NUMBER:		18812388

	BUSINESS ADDRESS:	
		STREET 1:		5401 KINGSTON PIKE
		STREET 2:		SUITE 600
		CITY:			KNOXVILLE
		STATE:			TN
		ZIP:			37919
		BUSINESS PHONE:		866-290-2554

	MAIL ADDRESS:	
		STREET 1:		5401 KINGSTON PIKE
		STREET 2:		SUITE 600
		CITY:			KNOXVILLE
		STATE:			TN
		ZIP:			37919

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CORNERSTONE BANCSHARES INC
		DATE OF NAME CHANGE:	19980402

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EAST RIDGE BANCSHARES INC
		DATE OF NAME CHANGE:	19970507
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a5718-form8xkxtransactionc.htm
<DESCRIPTION>8-K SMARTFINANCIAL TRANSACTION COMPLETE WITH TENNESSEE BANCHSHARES, INC
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using Wdesk 1 -->
		<!-- Copyright 2018 Workiva -->
		<title>Document</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="s0AA9588CE83EF4967A603C6DA06FD88F"></a></div><div><div style="line-height:138%;padding-bottom:13px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:center;padding-left:17px;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">UNITED STATES</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#32;SECURITIES AND EXCHANGE COMMISSION</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#32;WASHINGTON, DC 20549</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;padding-left:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">FORM 8-K</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;padding-left:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CURRENT REPORT PURSUANT TO</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#32;SECTION 13 OR 15(d) OF THE </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">SECURITIES EXCHANGE ACT OF 1934</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;padding-left:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Date of earliest event reported: May 1, 2018</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;padding-left:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">SMARTFINANCIAL, INC.</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#32;(Exact Name of Registrant as Specified in its Charter)</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"></td></tr><tr><td style="width:33%;"></td><td style="width:1%;"></td><td style="width:16%;"></td><td style="width:1%;"></td><td style="width:16%;"></td><td style="width:1%;"></td><td style="width:32%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:21px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:21px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:21px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:21px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:21px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Tennessee</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">001-37661</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">62-1173944</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(State or Other Jurisdiction of Incorporation)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Commission File Number)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(IRS Employer Identification No.)</font></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">5401 Kingston Pike, Suite 600</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Knoxville, Tennessee </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">37919</font></div></td></tr><tr><td colspan="3" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Address of Principal Executive Offices)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Zip Code)</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:center;padding-left:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:56.837606837606835%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"></td></tr><tr><td style="width:100%;"></td></tr><tr><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(865) 437-5700</font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Registrant&#8217;s telephone number, including area code</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">)</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">N/A</font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Former Name or Former Address, if Changed Since Last Report)</font></div><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">see</font><font style="font-family:inherit;font-size:10pt;">&#32;General Instruction A.2. below):</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:132%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter). </font></div><div style="line-height:132%;text-align:left;text-indent:384px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Emerging growth company&#160;</font><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div><div style="line-height:132%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:132%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&#160;</font><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div><div><br></div><div><div style="line-height:138%;padding-bottom:13px;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:138%;padding-bottom:13px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Item 2.01&#160;&#160;&#160;&#160;Completion of Acquisition or Disposition of Assets</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On May 1, 2018 (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Effective Date</font><font style="font-family:inherit;font-size:10pt;">&#8221;), SmartFinancial, Inc., a Tennessee corporation (&#8220;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">SmartFinancial</font><font style="font-family:inherit;font-size:10pt;">&#8221;), completed its previously announced merger (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Merger</font><font style="font-family:inherit;font-size:10pt;">&#8221;) with Tennessee Bancshares, Inc., a Tennessee corporation (&#8220;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Tennessee</font><font style="font-family:inherit;font-size:10pt;">&#32;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Bancshares</font><font style="font-family:inherit;font-size:10pt;">&#8221;), pursuant to an Agreement and Plan of Merger dated December 12, 2017 (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Merger Agreement</font><font style="font-family:inherit;font-size:10pt;">&#8221;), by and among SmartFinancial, Tennessee Bancshares, and Southern Community Bank, </font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">a Tennessee-chartered commercial bank and wholly owned subsidiary of Tennessee Bancshares</font><font style="font-family:inherit;font-size:10pt;">. On the Effective Date, Tennessee Bancshares merged with and into SmartFinancial, with SmartFinancial continuing as the surviving corporation. Immediately following the Merger, Southern Community Bank merged with and into SmartBank, </font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">a Tennessee-chartered commercial bank and wholly owned subsidiary of SmartFinancial,</font><font style="font-family:inherit;font-size:10pt;">&#32;</font><font style="font-family:inherit;font-size:10pt;">with SmartBank continuing as the surviving banking corporation. </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding share of Tennessee Bancshares common stock, par value $1.00 per share, was converted into and cancelled in exchange for 0.8065 shares of SmartFinancial common stock, par value $1.00 per share. Additionally, under the terms of the Merger Agreement, Tennessee Bancshares was entitled to pay, immediately prior to the closing of the Merger, a one-time, special cash dividend of up to $0.70 per share in the event certain conditions were satisfied. These conditions were not satisfied, and, accordingly, Tennessee Bancshares did not pay a special dividend. SmartFinancial expects to issue approximately 1,459,186 shares of SmartFinancial common stock as consideration for the Merger. SmartFinancial will not issue fractional shares of its common stock in connection with the Merger, but will instead pay cash in lieu of fractional shares based on the </font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">volume weighted average closing price of SmartFinancial common stock on the Nasdaq Capital Market for the 10 consecutive trading days ending on (and including) April 27, 2018 (calculated as $23.92).</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares of SmartFinancial common stock outstanding prior to the Merger were unaffected by the Merger.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The foregoing description of the Merger Agreement and the Merger does not purport to be complete and is qualified in its entirety by reference to the Merger Agreement, which was filed as Exhibit 2.1 to SmartFinancial&#8217;s current report on Form 8-K filed on December 13, 2017, and is incorporated herein by reference. </font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Item 8.01 &#160;&#160;&#160;&#160;Other Events</font></div><div style="line-height:138%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#160;</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On May 1, 2018, SmartFinancial issued a press release announcing the consummation of the Merger. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated herein by reference.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Item 9.01 &#160;&#160;&#160;&#160;Financial Statements and Exhibits</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:138%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">(a)  &#160;&#160;&#160;&#160;Financial Statements of Businesses Acquired</font></div><div style="line-height:138%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:138%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain financial statements of Tennessee Bancshares will be filed by amendment to this report no later than 71 days following the date that this report is required to be filed.</font></div><div style="line-height:138%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:138%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">(b)  &#160;&#160;&#160;&#160;Pro Forma Financial Information</font></div><div style="line-height:138%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:138%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pro forma financial information will be filed by amendment to this report no later than 71 days following the date that this report is required to be filed.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">(d)  &#160;&#160;&#160;&#160;Exhibits</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div><div style="line-height:138%;padding-bottom:13px;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:138%;padding-bottom:13px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Exhibit No.</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Description</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:120px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">2.1</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Agreement and Plan of Merger dated December 12, 2017, by and among SmartFinancial, Inc., Tennessee Bancshares, Inc., and Southern Community Bank (incorporated by reference to Exhibit 2.1 to SmartFinancial&#8217;s current report on Form 8-K filed on December 13, 2018).  </font></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:144px;text-indent:-144px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:120px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">99.1</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Press Release dated May 1, 2018.*</font></div></td></tr></table><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">*  Filed herewith</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">SIGNATURES</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:288px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">SMARTFINANCIAL, INC.</font></div><div style="line-height:120%;text-align:left;padding-left:336px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Date: May 4, 2018</font></div><div style="line-height:120%;text-align:left;text-indent:576px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;padding-left:288px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">William Y. Carroll, Jr.</font></div><div style="line-height:120%;text-align:left;padding-left:288px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">President and Chief Executive Officer</font></div><div><br></div><div><div style="line-height:138%;padding-bottom:13px;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:138%;padding-bottom:13px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:138%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">EXHIBIT INDEX</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Exhibit No.</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Description</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;padding-left:120px;text-indent:48px;font-size:10pt;"><a style="text-decoration:underline;color:#0000FF;-sec-extract:exhibit;" href="http://www.sec.gov/Archives/edgar/data/1038773/000103877317000035/atlasagreementandplanofmer.htm"><font style="font-family:inherit;font-size:10pt;">2.1</font></a><font style="font-family:inherit;font-size:10pt;">Agreement and Plan of Merger dated December 12, 2017, by and among SmartFinancial, Inc., Tennessee Bancshares, Inc., and Southern Community Bank (incorporated by reference to Exhibit 2.1 to SmartFinancial&#8217;s current report on Form 8-K filed on December 13, 2018).</font></div><div style="line-height:120%;text-align:left;padding-left:144px;text-indent:-144px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;padding-left:120px;text-indent:48px;font-size:10pt;"><a style="text-decoration:underline;color:#0000FF;-sec-extract:exhibit;" href="a050118-pressreleasexcompl.htm"><font style="font-family:inherit;font-size:10pt;">99.1</font></a><font style="font-family:inherit;font-size:10pt;">Press Release dated May 1, 2018.*</font></div><div style="line-height:120%;text-align:left;padding-left:144px;text-indent:-144px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">*  Filed herewith</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;padding-left:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;padding-left:22px;text-indent:-23px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;padding-left:22px;text-indent:-23px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:138%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><div><br></div><div><div style="line-height:138%;padding-bottom:13px;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div></div>	</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a050118-pressreleasexcompl.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using Wdesk 1 -->
		<!-- Copyright 2018 Workiva -->
		<title>Exhibit</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="sF1011561C5282AE03C143C7CD5FBD128"></a></div><div><div style="line-height:120%;text-align:left;text-indent:720px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Exhibit 99.1</font></div></div><div><br></div><div style="line-height:120%;text-align:center;"><img src="a050118press_image1a01.gif" alt="a050118press_image1a01.gif" style="background-color:#ffffff;font-size:11.5pt;font-weight:bold;height:161px;width:508px;"></div><div style="line-height:120%;text-align:left;font-size:11.5pt;"><font style="font-family:inherit;font-size:11.5pt;background-color:#ffffff;font-weight:bold;text-decoration:underline;">FOR IMMEDIATE RELEASE</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;font-weight:bold;">SmartFinancial, Inc. Completes Acquisition of Southern Community Bank </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">KNOXVILLE and TULLAHOMA, Tenn., May 1, 2018 (GLOBE NEWSWIRE) &#8211; SmartFinancial, Inc., Knoxville, Tennessee (&#8220;SmartFinancial&#8221;) (Nasdaq: SMBK), parent company of SmartBank, today announced the completion of its previously-announced merger with Tennessee Bancshares, Inc., Tullahoma, Tennessee (&#8220;Tennessee Bancshares&#8221;), as well as the merger of Southern Community Bank, the bank subsidiary of Tennessee Bancshares, with and into SmartBank. Based on financial data as of March 31, 2018, the combined company has total assets </font><font style="font-family:Arial;font-size:10pt;background-color:#ffffff;">of </font><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">approximately $2 billion. With this acquisition, SmartBank expands its footprint into three new attractive markets&#8212;Tullahoma and Murfreesboro, Tennessee and Huntsville, Alabama.    </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">&#8220;It is an exciting opportunity to join these two organizations.  SmartBank, much like Southern Community Bank, has a strong tradition of high-quality service and building close relationships with our clients and the communities we serve,&#8221; said Billy Carroll, SmartBank President and Chief Executive Officer. &#8220;Southern Community Bank is a very efficient financial institution that will immediately make our collective team a key player in these markets.&#8221;</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Bill Yoder, the former President and Chief Executive Officer of Southern Community Bank, who will serve as Chief Banking and Deposit Officer of SmartBank, stated, &#8220;this partnership is a perfect fit for Southern Community Bank, and we are excited to join the SmartBank family. We are looking forward to the next couple of months as we begin to rebrand while our teams are working hard to prepare for the conversion in mid-August. SmartBank&#8217;s experience and commitment to excellent client service is reassurance for a smooth transition for Southern Community Bank clients.&#8221;</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">&#8220;This partnership allows us to expand our footprint in both Middle Tennessee and Alabama and build on the solid foundation Southern Community Bank has already created in these markets,&#8221; said Miller Welborn, SmartFinancial&#8217;s Chairman.</font><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;color:#373737;">&#32;&#8220;</font><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">We are pleased to welcome Southern Community Bank team members and clients to the SmartBank family and look forward to a bright future together."</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">The legacy Southern Community Bank branch offices will continue to operate under the Southern Community Bank name, as a division of SmartBank, until mid-August 2018, at which time it is expected these offices will adopt the SmartBank brand. </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Banks Street Partners, LLC served as financial advisor to SmartFinancial and SmartBank, and SmartFinancial and SmartBank were represented by the law firm Butler Snow LLP.&#160; Olsen Palmer LLC served as financial advisor to Tennessee Bancshares and Southern Community Bank, and Tennessee </font></div><div><br></div><div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;text-align:left;text-indent:720px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Exhibit 99.1</font></div></div><div><br></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Bancshares and Southern Community Bank were represented by the law firm Waller Lansden Dortch &amp; Davis, LLP.&#160;</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;text-decoration:underline;">About SmartFinancial, Inc.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">SmartFinancial, Inc., headquartered in Knoxville, Tennessee, is the bank holding company for SmartBank, a full-service commercial bank founded in 2007 and domiciled in Pigeon Forge, Tennessee. SmartFinancial&#8217;s common stock is traded on the Nasdaq Capital Market under the ticker symbol &#8220;SMBK.&#8221;&#160;SmartBank has 26 branch offices and four loan production offices across Tennessee, Alabama, and the Florida Panhandle. Recruiting the best people, delivering exceptional client service, strategic branching and acquisitions, and a disciplined approach to lending have all contributed to SmartFinancial&#8217;s and SmartBank&#8217;s success. More information about SmartFinancial can be found on its website: www.smartfinancialinc.com.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;text-decoration:underline;">Forward-Looking Statements </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Certain of the statements made in this press release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements, including statements regarding the intent, belief, or current expectations of SmartFinancial&#8217;s management regarding the company&#8217;s strategic direction, prospects, or future results or the benefits of the Tennessee Bancshares and Southern Community Bank mergers, are subject to numerous risks and uncertainties. Such factors include, among others, the risk that expected cost savings and revenue synergies from the mergers may not be realized or may take longer than anticipated to be realized; the risk that the mergers may be more expensive to complete than anticipated, including as a result of unexpected factors or events; disruption from the mergers with customers, suppliers, or employee or other business relationships; the risks associated with the integration of the companies&#8217; businesses; the amount of costs, fees, expenses, and charges related to the mergers; changes in management&#8217;s plans for the future; prevailing economic and political conditions, particularly in our market areas; credit risk associated with our lending activities; changes in interest rates, loan demand, real estate values, and competition; changes in accounting principles, policies, or guidelines; changes in applicable laws, rules, or regulations; the dilution caused by SmartFinancial&#8217;s issuance of additional shares of its common stock in the mergers; and other competitive, economic, political, and market factors affecting our business, operations, pricing, products, and services. Certain additional factors which could affect the forward-looking statements can be found in SmartFinancial&#8217;s annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K, in each case filed with or furnished to the SEC and available on the SEC&#8217;s website at http://www.sec.gov. SmartFinancial disclaims any obligation to update or revise any forward-looking statements contained in this press release, which speak only as of the date hereof, whether as a result of new information, future events, or otherwise.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;font-weight:bold;text-decoration:underline;">Investor Contacts</font></div><div style="line-height:120%;text-align:left;font-size:4pt;"><font style="font-family:inherit;font-size:4pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Billy Carroll</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">President and Chief Executive Officer</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">SmartFinancial, Inc.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Email: billy.carroll@smartbank.com</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Phone: 865.868.0613</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Frank Hughes</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Executive Vice President</font></div><div><br></div><div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;text-align:left;text-indent:720px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Exhibit 99.1</font></div></div><div><br></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Investor Relations</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">SmartFinancial, Inc.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Email: frank.hughes@smartbank.com </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Phone: 423.385.3009</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;font-weight:bold;text-decoration:underline;">Media Contact</font></div><div style="line-height:120%;text-align:left;font-size:4pt;"><font style="font-family:inherit;font-size:4pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Kelley Fowler</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Senior Vice President</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Public Relations/Marketing</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">SmartFinancial, Inc.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Email: kelley.fowler@smartbank.com</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;background-color:#ffffff;">Phone: 865.868.0611</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:130%;padding-bottom:10px;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br></font></div><div style="line-height:130%;padding-bottom:10px;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br></font></div><div><br></div><div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div></div>	</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>a050118press_image1a01.gif
<TEXT>
begin 644 a050118press_image1a01.gif
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MWZ>ZV*2XWZF[UZF\VK&_V*&[X**\X*:ZX*:]X*F]X:R^X:[ W;/!VJ; X:K
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MLTCKFCP1 #LY1[6PL+U@F!N;M%2+:U/2 (^2" E7'R0K)!-XM%4;MCQ5%*-
M)IMR!_JPM=ZA![/2"',0LV(;MS(%>?.P'?>P>X03#VK;'0R8(5.@M]2!!' K
MMX2+4OY*#-^1;H\"?GO+';-2#=\A#(-;N)1;3$7!!O=6<(_2#(W;#[ZP<?YQ
M#]('MI5;NN'&$T@ #B,W(2^[(XVPNA62;P&2!R(W<MT ;*:;N_54% 5P!?B@
M<S:R#@D9&54 O#:B&CLB M9@O#1R#UA@LKH;O2\T1G8Q!>S O/N@"7W9&R"
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MJ,COKJ#OKA1(ZFX7 &]')-G ).\*663QB?_!-1$O\81;X3(_[HB0D2F?&!-
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M\6NJ0O@^=OBN=V*^\@O "S2F9>*I"4RG//@^CHNLR+.^9." R*H [[.^UN-
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M>B=9,(>=Y,F>Y$E2#+)9\,FA[$:WFH%M&$J?+"RW4H2D[,EEV,=#) >G[,E
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M*J &YBS$ JQ.V]R&DVPJ1?C.ME//Z8PL$%C0WLP&EL2L$A#. A71)Q*( =C
M!-V&%%71%=V&7,!0,&11%MV_IOJ#&%U1#^VJ1K!1%050R/N$'4W1;" PV<H
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M8\B%KO+?_Q5??;( 7"C@ ^:M0BA@W^7 W9S@_+7/EB(_CX7?#AXS D#.CMJ
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M.@2M%WNW\@.U;ZG%EX2?O]VSQX-W)BL=V'IC-\'2-_W_10?]"'@ .,=US@?
MK=K]( ,$1C!^V_]61#!^1M#5&EA^1G!]?3J$Y__W=_*#YT=A[EY^DF?@ZS]^
M3A_^IJI X(]&G Q_VEY^/[!>'UA^S">K#0B$Y9_[CO)^XW=_!HY_XS\$\'\G
M.EC^M0>(" ('$JP0B!%"'P07,FSH\"'$B!(=.BAPX"* C!HW<NSH\2/(D")'
MDBQI\B3*E"I7LFSI\B7,F#)GTJQI\R;.G#IW\NSID^;% P. I"!A]"C2I$J7
M,FWJ]"E4HS"*4"T2]>B.JC"BXJA:9&O2KE5O*)U:%4=4LT707GWA%>S5N'+G
MRDT!9$#0GWKW\NWK]R_@P(('_Q,N;/@P8L%!%S-N[/@QY,B2)U.N;/DRYLR:
M-W/N[+EQXM"B1Y,N;?HTZM2J5[,&^?DU[-BR9].N;3MSZ]RZ=_/N[?LW\.#"
MAQ,O;OPX\N3*ES-O[OPY].C2IU.O;OTZ]NS:MW/O[OT[^/#BQY,O;_X\^O3J
MU[-O[_X]_/CRY].O;_\^_OSZ]_/O[_\_@ $*.""!!1IX((()*K@@@PTZ^""$
M$4HX(8456G@AAAEJN"&''7KX(8@ABC@BB26:>"***:JX(HLMNO@BC#'*.".-
M-=IX(XXYZK@CCSWZ^".000HY))%%&GDDDDDJN22333KY))112CGE?IQ1B9J5
M5_*7I?^6@776&Y==#G;;8F*21F9L'85I)E]?\K:F:IZMB.9C;")&YVMJ;F:G
M7V[N!F=J<IJ(9V5\?@0H280*NA&BANKDIVZ-FK:HB(IBYJA&DH9D*9R:8EH3
MI+EY.AJE();*49Z8CNH1IWNBZNJG/87:VJJAG=KAK(=^YFBMK[9ZJ:^XQ2IK
MKZ(5>]BM&QX+0*Y=+LMLLL/&^"QAT6+8K$B[VOFLMM+:2.V8V%[+K;@WU2F3
M8UY&QMJYV<**4K?=M=OGNJNE&^Z]Q$EF[KOVEDLL8\CF:]B_  NK)[ F:9:3
M;"Y)2AG"=+IF+4Z(-@KN2&FV='&_-J6Z4L$3:\P2QNJNVG'_1BA73#%/'_?%
M9<.LQDRRHO!VG'"FA(I<LDH6]SO;2S6?M";0,:%IL\H[2SQTTI.&_&[1,QV]
M5VT_66D;HU@C_>L!B4)]<,YX*KTPU2K#K#737'>=L:MD@ORKUTUGS75)//_%
M<LIDWQ8TIU8+#93:D.7M=MQ9QJNKWC?KC+C=6^,\=^#ULGWVOY%/YGC"Y6HN
MJ,N,/Q[GTY8/C+FE?@=.L^AP;PJVNZP'6_KDKM>--ZAFIR[XZI^/7>CNMV,4
M.^^%7^:Y[F%;EO;PN<N.9>B^EXD\Q+,GW[+O"CO?-_'16[\\M*T*/SWIE@,/
M/N37YY7]Y= ?C[[SRJ^OOO;E%T_V__;<-_YR\^;7'[STY#/<?NLTU3F9-8M^
M_9N?Z@)8O/&)CH'\DY\!V>>_P4W0?14<8,1\MD %/K![$33>^PZ(P \&*G\D
M?!WW4)B^\$G.8*FS8 4S>$(97C"%!%Q>U%;WO1#"3WP<Y"$(9ZC"$<90@ONZ
MH=R"*+LD&G%>%,2A#6D(Q"<6L32T,^$&E;A"%N).+P"48OP<V,'>C9%Z)X2-
MQYB(Q!?^L(PA@^ 4S0A%-<*Q@W0$8PNI6,65V4Z(5L1B',EX1!AND8M=Q)\/
MZUC(-H:1D8W<2;)H]S8_"E)M8ERD'@-)R$<^JH#'FM4=:Q=*HWF2DJ0")"<W
M.<@F.K$YWO\;8BK7J$D\8M)AA*/E*M-H2EDFLI)YU&(L59E+F$P-EX?<W^/N
MEY(W(I,VK&QE"4^V2T7^$I;#G,[2@%G+9X[.D=O<83:M^4UBCC*3>]3E'*/(
M3="@#G;&A.8E"ZE,0UZSF6+C93#/A,IQXK.>VJRF=G+8JX%*LX']]">ZRNE!
MA=KRC HM:"^I"5!OYG*>/2SC.Q>747;2:I\(7>?S? E/[J#QGQ,]Z$DWRE&4
M)K./ZFSH2U7:33D2,8LB'>E"#Z?!F$HTCQ:U)T;-^367VO24$#VG.(\IT]_Y
M"UPN(^@T<UK#PR55J4+]*#FCVE.LHK.F2%TJ4ZL:RYT6%:QAO:K_57U22FNM
MM:RV\FA*63K3K:X4=$ZE%%1Y"DJ>FC2M/Z5K78$Z2WXY5*M];:5AI>K&<NZ5
MKX ]WV,#MM1EDO6<?XVL9..95F%N]K"9I>=,_<1,LYXUKVY5[ ,3B]I:7A:M
MG>4L/[LZ5<>Z%K&GQ>Q9/1M8<([QH:X+%6,K.]C5<I5O1QVN6'<[6<KJ3K14
MU>PP3?M5XE;4L9%DJ&"+2]K<TG2VM]7M9ZD[5]@"=%G8,BP)@8O>MEH6N]F-
MK7C'>U/E+O>]<U7O&P<H7>36UHE:?6Y\Y4M*U0*XDX6E;8#KNE[A!G6^X_UO
M.ED72@"/JK7]Q2ENF>M6OA[XM^8+J5DO_PK?"RO8E"-++GVEYDR0"IBP$9XN
M;M>&61$2%<8D#F]]*?K@3IFXI"&&+H8'K,913KBL*60O&QV,8_*V.,8R!N\K
M?PS)'*(XR+*-([D^^&'(5AG$]GTME*E,6KE:DLPI#C-W13GD!7\WP5[V5.4B
MJF0OZ]C*:$XSX1B<SX2>N,MG=K%7^>MG/._MQH1.[&BQ!V1X3DW/L;6PF_]L
MZ"?3>,]SSN]Q-5II2T^:TG7&Z8H[S6(N3]G'V_5T=['L6R&&>M*C3O.GFVQF
M",NMU8[F*J2OR&8;SYK#U*K:QNZX7^0*,+WNA6D5"_R_#O,ZTJ2^]+,S+&41
MCYC)<;6VI$6-[5A#JS/7< 4S6-5\UV-[J]SFIHYVSZWN=;-;7]=N-[SC+6^[
MVGG>]KXWODT&[GSSN]_^!G2]_RWP@1,<VP4_.,(3SF2%,[SA":^VPR,N<77+
+>N(6OSC&FQ00 #L!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
