River Financial Corp. (RVRF) financial statements (2020 and earlier)

Company profile

Business Address 2611 LEGENDS DRIVE
PRATTVILLE, AL 36066
State of Incorp. AL
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments505221 37
Cash and cash equivalents505221 37
Total current assets:505221 37
Noncurrent Assets
Operating lease, right-of-use asset2
Property, plant and equipment3227222121
Intangible assets, net (including goodwill)3324121012
Goodwill281810109
Intangible assets, net (excluding goodwill)562 3
Deferred income tax assets1
Amortization method qualified affordable housing project investments2    
Total noncurrent assets:6951333233
Other undisclosed assets1,244968769 648
TOTAL ASSETS:1,3641,07082332718
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt98141310
Total current liabilities:98141310
Noncurrent Liabilities
Other undisclosed liabilities1,208951719 633
Total liabilities:1,21795973313643
Temporary equity, carrying amount211  
Stockholders' equity
Stockholders' equity attributable to parent, including:145110898275
Common stock665 5
Treasury stock, value(0)(0)(0) (1)
Additional paid in capital1008065 62
Accumulated other comprehensive income (loss)2(3)(2) 1
Retained earnings392922 8
Other undisclosed stockholders' equity attributable to parent(2)(1)(1)82 
Total stockholders' equity:145110898275
TOTAL LIABILITIES AND EQUITY:1,3641,07082395718

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues4937353318
Net investment income4937323016
Cost of revenue(3)(2)(2)(1)(1)
Provision for loan, lease, and other losses(3)(2)
Financial services costs(2)(1)(1)
Gross profit:4635333218
Operating expenses(7)(6)(16)(15)(10)
Other operating income, net
(Noninterest Income, Other Operating Income)
10000
Operating income:402918178
Nonoperating income
(Bank Owned Life Insurance Income)
11100
Interest and debt expense(9)(5)(3)(2)(1)
Income from continuing operations before equity method investments, income taxes:322516167
Other undisclosed loss from continuing operations before income taxes(18)(14)(3)(4)(3)
Income from continuing operations before income taxes:151113114
Income tax expense(3)(2)(5)(4)(1)
Net income available to common stockholders, diluted:119882

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:119882
Other comprehensive income (loss)5(1)0(3)(0)
Comprehensive income, net of tax, attributable to parent:167952

Statements sources

The financial statements are based on the company's filings with the 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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