SmartFinancial (SMBK) Registration filing summary

Company overview and business model

• Operates as a bank holding company through a wholly-owned bank subsidiary, providing commercial and consumer banking services via 42 branches and two loan production offices in Tennessee, Alabama, Florida, and Georgia.

• Principal business involves attracting deposits and investing in commercial, real estate, consumer, and construction loans, as well as government and municipal securities.

• As of March 31, 2026, reported total assets of $5.9 billion, total loans of $4.5 billion, total deposits of $5.2 billion, and shareholders' equity of $562.2 million.

Financial performance and metrics

• Consolidated financial statements for 2024 and 2025 audited by independent firms, with internal controls over financial reporting deemed effective.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used as specified in the applicable prospectus supplement; no proceeds from resale of shares by selling shareholders.