Financial Data and Key Metrics Changes - The company reported operating earnings of $10.3 million, or $0.61 per share, with a 30% annualized growth in loans and a 9% annualized growth in deposits, including a 14% annualized growth in non-maturity deposits [8][10][11] - The efficiency ratio improved to 64%, and the non-performing asset (NPA) ratio remained stable at 11 basis points [9][10] - Operating revenue increased by over $3 million, representing an annualized quarter-over-quarter increase of almost 33% [22] Business Line Data and Key Metrics Changes - The loan portfolio grew by over $206 million, excluding a reduction of approximately $19 million in forgiven PPP loan balances, resulting in a total of just under $3 billion in loans and leases outstanding [12][17] - Noninterest income generated over $7.2 million, with strong performance in wealth and insurance platforms, while mortgage banking faced headwinds [26][90] - The Fountain Equipment Finance team saw over 40% growth year-to-date [11] Market Data and Key Metrics Changes - The company noted strong personal and business relocations into its market areas, contributing to above-average economic stability [15] - The loan portfolio mix remained consistent, with core deposits increasing while time deposit balances slightly decreased [14] Company Strategy and Development Direction - The company is focused on integrating new teams, executing organic growth strategies, and gaining operating leverage [7][33] - There is an emphasis on expanding in existing markets, particularly in Nashville and Birmingham, rather than entering new markets [108] - The integration of the nCino lending workflow is expected to enhance efficiency and support growth in the lending side of the business [34][95] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continuing loan growth despite potential recessionary pressures, citing strong market conditions and conservative credit underwriting [15][44] - The outlook for the second half of the year anticipates continued support for lift-out teams and a moderate pace of loan growth [33][135] - Management is optimistic about maintaining strong profitability and capital levels to support future growth [30][31] Other Important Information - The company’s tangible book value was reported at $18.69 per share, with a year-to-date annualized growth rate of over 10% [31] - The company is transitioning to CECL and is closely monitoring credit conditions as they evolve [120][121] Q&A Session Summary Question: What are the expectations for continued deposit growth? - Management indicated that while deposit growth may not match the pace of loan growth, they remain optimistic about continued growth in deposits as new clients are brought in [41] Question: Concerns about loan growth in a recessionary environment? - Management reassured that they are maintaining conservative underwriting practices and are confident in the quality of the businesses being brought onto their balance sheet [44] Question: Details on margin guidance and deposit betas? - Management provided insights on expected deposit betas for the upcoming quarters, estimating around 19%-20% for Q3 and closer to historical levels of 30% for Q4 [46] Question: Outlook for noninterest income and technology initiatives? - Management discussed expectations for noninterest income, highlighting strong performance in wealth management and the impact of technology initiatives like the nCino integration [90][95] Question: Balancing new hires with profitability goals? - Management confirmed they are not slowing down on hiring but are focused on integrating existing teams and ensuring the right fit culturally [127][131]

| --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------|-------|-------|-------|-------| | | | | | | | | | | | | | INVESTOR CALL | | | | | | 2Q 2022 July 26, 2022, 10:00am ET Webcast: www.smartbank.com (Investor Relations) Audio Only: 1-844-200-6205 | | | | | | Access Code: 357084 Miller Welborn Chairman of the Board Billy Carroll President & CEO Ron Gorczynski CFO | | | | | | | | | | | | | | | | | 1 DISCLOSURES Forward- ...

Table of Contents United States Securities and Exchange Commission Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-37661 (Exact name of registrant as specified in its charter) Tennessee 62-1173944 (State o ...

Call Start: 10:00 January 1, 0000 10:52 AM ET SmartFinancial, Inc. (NYSE:SMBK) Q1 2022 Earnings Conference Call April 26, 2022, 10:00 AM ET Company Participants Billy Carroll – President and Chief Executive Officer Miller Welborn – Chairman Ron Gorczynski – Chief Financial Officer Rhett Jordan – Chief Credit Officer Conference Call Participants Brett Rabatin – Hovde Group Stephen Scouten – Piper Sandler Kevin Fitzsimmons – D.A. Davidson Matt Olney – Stephens Feddie Strickland – Janney Montgomery Scott Cath ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K Securities registered pursuant to Section 12(b) of the Act: ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from __________ to __________ Commission File Number: 001-37661 (Exact name of registrant as specified in ...

SmartFinancial, Inc. (NYSE:SMBK) Q4 2021 Earnings Conference Call January 25, 2022 10:00 AM ET Company Participants Miller Welborn - Chairman Billy Carroll - President and Chief Executive Officer Ron Gorczynski - Chief Financial Officer Rhett Jordan - Chief Credit Officer Nate Strall - Director of Corporate Strategy Conference Call Participants Graham Dick - Piper Sandler Brett Rabatin - Hovde Group Matt Olney - Stephens Feddie Strickland - Janney Montgomery Scott Kevin Fitzsimmons - D.A. Davidson Stuart Lo ...

1 INVESTOR CALL 3Q 2021 October 20, 2021, 10:00am ET Webcast: www.smartbank.com (Investor Relations) Audio Only: 1-844-200-6205 Access Code: 289025 Miller Welborn Chairman of the Board Billy Carroll President & CEO Ron Gorczynski CFO DISCLOSURES Forward-Looking Statements This presentation may contain statements that are based on management's current estimates or expectations of future events or future results, and that may be deemed to constitute forward-looking statements as defined under the Private Secu ...

Table of Contents United States Securities and Exchange Commission Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 ☐ TRANSITION REPORT PURSUANT SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-37661 (Exact name of registrant as specified in its charter) | Tennessee | 62-1173944 | | --- | ...

SmartFinancial, Inc. (NYSE:SMBK) Q3 2021 Earnings Conference Call October 20, 2021 10:00 AM ET Company Participants Miller Welborn - Chairman Billy Carroll - President and Chief Executive Officer Ron Gorczynski - Chief Financial Officer Rhett Jordan - Chief Credit Officer Conference Call Participants Ben Gerlinger - Hovde Group Stephen Scouten - Piper Sandler Thomas Wendler - Stephens Inc Catherine Mealor - KBW Feddie Strickland - Janney Montgomery Scott William Wallace - Raymond James Kevin Fitzsimmons - D ...

Table of Contents United States Securities and Exchange Commission Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 ☐ TRANSITION REPORT PURSUANT SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-37661 (Exact name of registrant as specified in its charter) | Tennessee | 62-1173944 | | --- | --- ...