XML 129 R42.htm IDEA: XBRL DOCUMENT
v3.20.1

Regulatory Matters (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Banking and Thrift [Abstract] |
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations | Actual and required capital levels at December 31, 2019 and 2018 are presented below (dollars in thousands):
|  | Actual |  |  |  | Minimum for capital adequacy purposes |  |  |  | Minimum to be well capitalized under prompt corrective action provisions1 |  |
|  | Amount |  | Ratio |  | Amount |  | Ratio |  | Amount |  | Ratio
December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |
SmartFinancial: |  |  |  |  |  |  |  |  |  |  |  |
Total Capital (to Risk Weighted Assets) |  | $ | 287,937 |  |  | 14.02 | % |  | $ | 164,313 |  |  | 8.00 | % |  | N/A |  |  | N/A |
Tier 1 Capital (to Risk Weighted Assets) |  | 238,433 |  |  | 11.61 | % |  | 123,235 |  |  | 6.00 | % |  | N/A |  |  | N/A |
Common Equity Tier 1 Capital (to Risk Weighted Assets) |  | 238,433 |  |  | 11.61 | % |  | 92,426 |  |  | 4.50 | % |  | N/A |  |  | N/A |
Tier 1 Capital (to Average Assets)2 |  | 238,433 |  |  | 10.34 | % |  | 92,258 |  |  | 4.00 | % |  | N/A |  |  | N/A |
SmartBank: |  |  |  |  |  |  |  |  |  |  |  |
Total Capital (to Risk Weighted Assets) |  | $ | 273,432 |  |  | 13.31 | % |  | $ | 164,305 |  |  | 8.00 | % |  | $ | 205,382 |  |  | 10.00 | %
Tier 1 Capital (to Risk Weighted Assets) |  | 263,189 |  |  | 12.81 | % |  | 123,229 |  |  | 6.00 | % |  | 164,305 |  |  | 8.00 | %
Common Equity Tier 1 Capital (to Risk Weighted Assets) |  | 263,189 |  |  | 12.81 | % |  | 92,422 |  |  | 4.50 | % |  | 133,498 |  |  | 6.50 | %
Tier 1 Capital (to Average Assets)2 |  | 263,189 |  |  | 11.41 | % |  | 92,254 |  |  | 4.00 | % |  | 115,317 |  |  | 5.00 | %
December 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |
SmartFinancial: |  |  |  |  |  |  |  |  |  |  |  |
Total Capital (to Risk Weighted Assets) |  | $ | 257,545 |  |  | 13.47 | % |  | $ | 152,971 |  |  | 8.00 | % |  | N/A |  |  | N/A |
Tier 1 Capital (to Risk Weighted Assets) |  | 210,093 |  |  | 10.99 | % |  | 114,728 |  |  | 6.00 | % |  | N/A |  |  | N/A |
Common Equity Tier 1 Capital (to Risk Weighted Assets) |  | 210,093 |  |  | 10.99 | % |  | 86,046 |  |  | 4.50 | % |  | N/A |  |  | N/A |
Tier 1 Capital (to Average Assets) |  | 210,093 |  |  | 9.91 | % |  | 84,821 |  |  | 4.00 | % |  | N/A |  |  | N/A |
SmartBank: |  |  |  |  |  |  |  |  |  |  |  |
Total Capital (to Risk Weighted Assets) |  | $ | 243,774 |  |  | 12.74 | % |  | $ | 153,017 |  |  | 8.00 | % |  | $ | 191,271 |  |  | 10.00 | %
Tier 1 Capital (to Risk Weighted Assets) |  | 235,499 |  |  | 12.31 | % |  | 114,763 |  |  | 6.00 | % |  | 153,017 |  |  | 8.00 | %
Common Equity Tier 1 Capital (to Risk Weighted Assets) |  | 235,499 |  |  | 12.31 | % |  | 86,072 |  |  | 4.50 | % |  | 124,326 |  |  | 6.50 | %
Tier 1 Capital (to Average Assets) |  | 235,499 |  |  | 11.17 | % |  | 84,300 |  |  | 4.00 | % |  | 105,375 |  |  | 5.00 | %
1The prompt corrective action provisions are applicable at the Bank level only. 2Average assets for the above calculations were based on the most recent quarter.

X
- References No definition available. + Details
Name: | us-gaap_BankingAndThriftAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1G -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958577-112826 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1H -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=117337116&loc=d3e65071-112826 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826 + Details
Name: | us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration