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Regulatory Matters (Tables)

3 Months Ended

Mar. 31, 2020

Banking and Thrift [Abstract]

Schedule of Regulatory Matters

Actual and required capital levels at March 31, 2020, and December 31, 2019 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
March 31, 2020
SmartFinancial:
Total Capital (to Risk Weighted Assets)						$	306,982					13.13		%				$	187,099					8.00		%				N/A						N/A
Tier 1 Capital (to Risk Weighted Assets)						254,268						10.87		%				140,324						6.00		%				N/A						N/A
Common Equity Tier 1 Capital (to Risk Weighted Assets)						254,268						10.87		%				105,243						4.50		%				N/A						N/A
Tier 1 Capital (to Average Assets)2						254,268						10.28		%				98,934						4.00		%				N/A						N/A
SmartBank:
Total Capital (to Risk Weighted Assets)						$	295,105					12.62		%				$	187,077					8.00		%				$	233,847					10.00		%
Tier 1 Capital (to Risk Weighted Assets)						281,674						12.05		%				140,308						6.00		%				187,077						8.00		%
Common Equity Tier 1 Capital (to Risk Weighted Assets)						281,674						12.05		%				105,231						4.50		%				152,000						6.50		%
Tier 1 Capital (to Average Assets)2						281,674						11.42		%				98,636						4.00		%				123,295						5.00		%
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)						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)						263,189						11.41		%				92,254						4.00		%				115,317						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.

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- References

No definition available.

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- 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
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-URI http://asc.fasb.org/extlink&oid=117337116&loc=d3e65071-112826

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
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-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

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