Minimum to be

well

capitalized under

Minimum for

prompt

capital

corrective action

Actual

adequacy purposes

provisions¹

Amount

Ratio

Amount

Ratio

Amount

Ratio

September 30, 2025

SmartFinancial:

Total Capital (to Risk Weighted Assets)

$

614,298

13.31

%

$

369,144

8.00

%

N/A

Tier 1 Capital (to Risk Weighted Assets)

454,671

9.85

%

276,858

6.00

%

N/A

Common Equity Tier 1 Capital (to Risk Weighted Assets)

454,671

9.85

%

207,644

4.50

%

N/A

Tier 1 Capital (to Average Assets)²

454,671

8.21

%

221,619

4.00

%

N/A

SmartBank:

Total Capital (to Risk Weighted Assets)

$

567,837

12.37

%

$

367,372

8.00

%

$

459,215

10.00

%

Tier 1 Capital (to Risk Weighted Assets)

530,814

11.56

%

275,529

6.00

%

367,372

8.00

%

Common Equity Tier 1 Capital (to Risk Weighted Assets)

530,814

11.56

%

206,647

4.50

%

298,490

6.50

%

Tier 1 Capital (to Average Assets)²

530,814

9.59

%

221,414

4.00

%

276,767

5.00

%

December 31, 2024

SmartFinancial:

Total Capital (to Risk Weighted Assets)

$

470,635

11.10

%

$

339,044

8.00

%

N/A

Tier 1 Capital (to Risk Weighted Assets)

413,616

9.76

%

254,283

6.00

%

N/A

Common Equity Tier 1 Capital (to Risk Weighted Assets)

413,616

9.76

%

190,712

4.50

%

N/A

Tier 1 Capital (to Average Assets)

413,616

8.29

%

199,585

4.00

%

N/A

SmartBank:

Total Capital (to Risk Weighted Assets)

$

478,368

11.30

%

$

338,774

8.00

%

$

423,467

10.00

%

Tier 1 Capital (to Risk Weighted Assets)

445,159

10.51

%

254,080

6.00

%

338,774

8.00

%

Common Equity Tier 1 Capital (to Risk Weighted Assets)

445,159

10.51

%

190,560

4.50

%

275,253

6.50

%

Tier 1 Capital (to Average Assets)

445,159

8.94

%

199,214

4.00

%

249,017

5.00

%