EXHIBIT 21.1

SmartFinancial, Inc.

List of Subsidiaries

Name of Subsidiary

  ​ ​ ​

State of Incorporation

SmartBank

Tennessee

Smart Investments Management, Inc.

Tennessee

SMBK Holding, Inc.

Nevada

SMBK Properties, Inc.

Tennessee

Smartholdings I, LLC

Tennessee

Fountain Equipment Finance, LLC

Tennessee