SMARTFINANCIAL, INC. (NASDAQ:SMBK) Files An 8-K Financial Statements and Exhibits
Item 9.01 of the Current Report on Form 8-K filed by SmartFinancial, Inc., a Tennessee corporation (the “Company”) on November 7, 2017 (the “Original Report”), in which the Company reported, among other events, the completion of its merger (the “Merger”) with Capstone Bancshares, Inc., an Alabama corporation (“Capstone”). This Amendment provides (i) the historical financial statements required by Item 9.01(a) and (ii) the unaudited pro forma financial information required by Item 9.01(b) that were omitted from the Original Report in reliance on Item 9.01(a)(4) and Item 9.01(b)(2), respectively. This Amendment does not amend any other item of the Original Report or purport to provide an update or a discussion of any developments at the Company subsequent to the filing date of the Original Report. All information contained in the Original Report is subject to updating and supplementing as provided in the Company’s reports filed with the Securities and Exchange Commission subsequent to the date on which the Original Report was filed.

The audited financial statements of Capstone as of and for the years ended December 31, 2016 and 2015, including the reports of its independent accounting firm, Warren Averett, LLC, and the unaudited financial statements of Capstone as of September 30, 2017 and for the nine months ended September 30, 2017 and 2016 are filed herewith as Exhibit 99.1 and Exhibit 99.2 and incorporated herein by reference.

The pro forma effect of the Merger on the Company is described in the unaudited pro forma combined condensed balance sheet of the Company at September 30, 2017, the unaudited pro forma combined condensed statements of income of the Company for the nine months ended September 30, 2017 and for the year ended December 31, 2016, and the notes thereto that are filed herewith as Exhibit 99.3 and incorporated herein by reference.

The exhibits filed with this report are listed in the Exhibit Index that immediately follows the hereto, which Exhibit Index is incorporated herein by reference.

SMARTFINANCIAL INC. Exhibit
EX-23.1 2 ex23_1.htm EXHIBIT 23.1 Exhibit 23.1   CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We consent to the incorporation by reference in the registration statements on Form S-3 (No. 333-214802 and 333-208700),…
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About SMARTFINANCIAL, INC. (NASDAQ:SMBK)

SmartFinancial, Inc., formerly Cornerstone Bancshares, Inc., is a bank holding company. The Company operates through its SmartBank subsidiary (The Bank). The principal business of the Bank consists of attracting deposits from the public and investing those funds, together with funds generated from operations and from principal and interest payments on loans. It offers commercial real estate-mortgage, consumer real estate-mortgage, construction and land development, commercial and industrial, and consumer and other loans. The Bank’s investment portfolio consists of Federal agency bonds, mortgage-backed securities, and state and municipal securities. The Bank provides a range of deposit services to businesses and individuals, including non-interest bearing checking accounts, interest bearing checking accounts, savings accounts, money market accounts, individual retirement accounts (IRAs) and certificates of deposit (CDs). SmartBank operates in approximately seven banking offices.