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Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 ANNUAL REPORT UNDER SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 Tennessee ( State or other jurisdiction of incorporation or organization ) Title of each class Common Stock , par value $ 1.00 per share FORM 10 - K For transition period from 5401 Kingston Pike , Suite 600 Knoxville , Tennessee ( Address of principal executive offices ) SmartFinancial , Inc. ( Exact name of registrant as specified in its charter ) to Commission File Number : 001-37661 Large accelerated filer Emerging Growth Company ( 865 ) 437-5700 ( Registrant's telephone number , including area code ) Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol ( s ) SMBK Securities registered pursuant to Section 12 ( g ) of the Act : Common Stock , $ 1.00 Par Value Indicate by check mark if the Registrant is a well - known seasoned issuer , as defined in Rule 405 of the of the Securities Act . Yes No X 62-1173944 ( I.R.S. Employer Identification No. ) Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Exchange Act . Yes No X Indicate by check mark whether the Registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the Registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes > No Accelerated filer X 37919 ( Zip Code ) Name of Exchange on which Registered The Nasdaq Stock Market Indicate by check whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the Registrant was required to submit such files ) . Yes > No Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S - K ( § 229.405 of this chapter ) is not contained herein , and will not be contained , to the best of Registrant's knowledge , in definitive proxy or information statements incorporated by reference in Part III of this Form 10 - K or any amendment to this Form 10 K. Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company or an emerging growth company . See the definitions of " large accelerated filer " , " accelerated filer " , " smaller reporting company " , and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Smaller reporting company Non - accelerated filer Indicate by check mark whether the Registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No If emerging growth company , indicate by check market if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C.7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . As of June 30 , 2020 , the aggregate market value of the registrant's voting and non - voting common stock held by non - affiliates was approximately $ 224.1 million . As of March 8 , 2021 , there were 15,113,045 shares outstanding of the registrant's common stock , $ 1.00 par value . DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant's Proxy Statement for the Annual Meeting of Shareholders to be held on May 27 , 2021 , are incorporated by reference in Part III of this Form 10 - K .