Reliant Bancorp, Inc. (RBNC) Financial Statements (2024 and earlier)

Company Profile

Business Address 1736 CAROTHERS PARKWAY
BRENTWOOD, TN 37027
State of Incorp. TN
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments55,439117,72593,47375,39993,83846,318
Cash and cash equivalents55,439117,72593,47375,39993,83846,318
Total current assets:55,439117,72593,47375,39993,83846,318
Noncurrent Assets
Operating lease, right-of-use asset12,74413,37213,10314,61915,45211,473
Property, plant and equipment29,18330,87931,46233,31934,19427,609
Intangible assets, net (including goodwill)64,83065,28765,74363,32663,35161,209
Goodwill54,39654,39654,39651,50651,05850,723
Intangible assets, net (excluding goodwill)10,43410,89111,34711,82012,29310,486
Deferred income tax assets5,9787,4537,1218,5239,7875,426
Total noncurrent assets:112,735116,991117,429119,787122,784105,717
Other undisclosed assets2,930,2902,822,3502,815,6332,849,3262,774,9902,025,753
TOTAL ASSETS:3,098,4643,057,0663,026,5353,044,5122,991,6122,177,788
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities2,752,1752,725,3672,704,5622,737,4262,696,0691,943,116
Total liabilities:2,752,1752,725,3672,704,5622,737,4262,696,0691,943,116
Equity
Equity, attributable to parent346,289331,699321,973307,086295,543234,672
Common stock16,67316,65416,65416,63516,63212,014
Additional paid in capital234,390233,667233,331232,738232,436184,523
Accumulated other comprehensive income (loss)8,3095,4876,2312,5071,124(1,015)
Retained earnings86,91775,89165,75755,20645,35139,150
Total equity:346,289331,699321,973307,086295,543234,672
TOTAL LIABILITIES AND EQUITY:3,098,4643,057,0663,026,5353,044,5122,991,6122,177,788

Income Statement (P&L) ($ in thousands)

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
Revenues37,84739,31039,91639,55038,16324,879
Net investment income34,86934,38235,28235,76735,91523,306
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
   (950)(1,500)(3,000)(2,900)
Gross profit:37,84739,31038,96638,05035,16321,979
Operating expenses(4,619)(5,480)(5,442)(5,147)(7,593)(8,313)
Operating income:33,22833,83033,52432,90327,57013,666
Nonoperating income    1114
Gains on sales of other real estate     1114
Bank owned life insurance income      
Interest and debt expense(6,534)(4,356)(4,846)(5,230)(5,959)(6,191)
Income from continuing operations before equity method investments, income taxes:26,69429,47428,67827,67321,6227,489
Other undisclosed loss from continuing operations before income taxes(10,307)(13,775)(12,350)(12,968)(12,508)(9,590)
Income (loss) from continuing operations before income taxes:16,38715,69916,32814,7059,114(2,101)
Income tax expense (benefit)(3,202)(2,980)(3,411)(2,800)(1,634)910
Income (loss) from continuing operations:13,18512,71912,91711,9057,480(1,191)
Income (loss) before gain (loss) on sale of properties:13,18512,71912,91711,9057,480(1,191)
Net income (loss):13,18512,71912,91711,9057,480(1,191)
Net income (loss) attributable to noncontrolling interest(140)(570)(691)(374)388976
Net income (loss) available to common stockholders, diluted:13,04512,14912,22611,5317,868(215)

Comprehensive Income ($ in thousands)

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
Net income (loss):13,18512,71912,91711,9057,480(1,191)
Other comprehensive income (loss)2,822(744)3,7241,3832,139(6,084)
Comprehensive income (loss):16,00711,97516,64113,2889,619(7,275)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(140)(570)(691)(374)388976
Comprehensive income (loss), net of tax, attributable to parent:15,86711,40515,95012,91410,007(6,299)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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