Reliant bancorp, inc. (RBNC)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14
ASSETS
Cash and due from banks

46,318

50,990

51,247

35,917

34,796

34,807

34,026

32,321

51,285

20,497

18,277

26,551

18,290

23,413

34,869

16,571

26,107

20,289

33,409

21,638

-

10,747

Federal funds sold

1,714

52

73

80

409

371

417

381

67

171

669

0

50

830

100

69

434

281

-

326

-

400

Total cash and cash equivalents

48,032

51,042

51,320

35,997

35,205

35,178

34,443

32,702

51,352

20,668

18,946

26,551

18,340

24,243

34,969

16,640

26,541

20,570

33,409

21,964

-

11,147

Securities available for sale

256,928

260,293

297,310

-

-

296,323

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities held to maturity (fair value of $22,655 at December 31, 2014)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

22,959

Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,378

-

Securities available for sale

-

-

-

290,373

310,305

-

293,028

308,069

290,012

220,201

192,277

184,789

179,266

146,813

154,816

147,675

139,899

133,825

130,019

112,039

29,487

54,286

Loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

252,917

-

Allowance for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,548

-

Loans, net

1,604,582

1,397,374

1,338,392

1,301,019

1,250,806

1,220,184

1,183,431

1,132,290

1,095,946

762,488

739,738

710,449

688,542

657,701

652,445

640,589

614,643

608,747

586,306

566,622

249,369

309,497

Mortgage loans held for sale, net

70,352

37,476

16,757

11,571

-

15,823

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage loans held for sale, net

-

-

-

-

9,990

-

12,712

31,163

24,969

45,322

19,475

12,031

9,798

11,831

14,649

14,961

24,682

55,093

44,745

41,715

-

26,640

Accrued interest receivable

7,289

7,111

7,488

7,246

8,389

8,214

8,032

7,474

7,117

5,744

4,999

4,298

3,921

3,786

3,499

3,179

3,035

3,096

2,745

2,670

1,245

1,386

Premises and equipment, net

27,609

21,376

21,390

21,632

21,970

22,033

22,156

19,955

19,458

9,790

9,558

9,721

9,688

9,093

8,964

9,088

9,213

9,196

9,341

8,973

4,497

3,353

Operating leases right of use assets

11,473

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted equity securities, at cost

14,405

11,279

11,279

11,488

11,499

11,690

11,681

11,677

9,500

7,774

7,163

7,155

7,140

7,133

7,081

7,060

6,244

6,244

5,851

5,326

1,974

3,263

Other real estate, net

-

-

-

1,848

1,000

1,000

1,000

2,060

1,650

0

-

-

-

-

-

-

-

-

-

-

-

-

Other real estate, net

0

750

1,943

-

-

-

-

-

-

-

-

-

-

-

-

475

1,139

1,149

528

1,094

-

1,204

Cash surrender value of life insurance contracts

52,556

46,632

46,351

46,068

45,791

45,513

45,220

44,927

44,630

33,663

29,422

29,203

25,013

24,827

24,633

24,439

24,247

20,077

19,914

19,752

-

11,355

Deferred tax assets, net

5,426

3,933

456

3,133

4,730

7,428

9,214

7,913

7,681

1,099

-

-

-

-

-

-

-

-

-

-

-

-

Bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,181

-

Deferred tax assets, net

-

-

-

-

-

-

-

-

-

-

2,776

2,498

3,336

3,437

1,964

1,708

2,274

2,383

1,779

2,411

1,042

1,763

Goodwill

50,723

43,642

43,642

43,642

43,642

43,642

43,642

43,627

43,464

11,404

11,404

11,404

11,404

11,404

11,404

11,404

11,404

11,404

11,404

11,404

-

773

Core deposit intangibles

10,486

7,270

7,507

7,745

7,982

8,219

8,456

8,693

8,931

1,280

1,336

1,404

1,493

1,582

1,671

1,760

1,849

1,938

-

-

-

337

Core deposit intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,028

2,117

-

-

Other assets

17,927

10,289

8,652

12,486

10,617

9,091

11,186

9,108

6,915

5,601

4,086

4,447

4,524

10,134

3,925

4,226

3,375

2,682

4,620

2,843

1,010

1,768

TOTAL ASSETS

2,177,788

1,898,467

1,852,487

1,794,248

1,761,926

1,724,338

1,684,201

1,659,658

1,611,625

1,125,034

1,041,180

1,003,950

962,465

911,984

920,020

883,204

868,545

876,404

852,689

798,930

305,183

449,731

LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES
Deposits
Demand

-

-

-

225,380

220,966

216,937

221,252

225,360

228,121

131,996

132,058

136,467

135,939

134,792

139,720

134,515

116,362

111,309

95,883

97,489

-

45,800

Noninterest-bearing demand

320,553

260,073

237,917

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36,130

-

Interest-bearing demand

170,304

152,718

149,442

144,265

144,166

154,218

162,159

140,201

150,188

88,230

79,439

84,644

84,061

85,478

90,205

86,090

90,622

95,397

106,495

103,692

210,793

51,414

Savings and money market deposit accounts

494,750

408,724

397,243

368,764

398,366

401,308

358,934

352,724

360,134

205,230

197,521

210,635

210,952

183,788

-

-

-

-

-

-

-

-

Savings and money market deposit accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

183,304

186,009

199,988

181,316

177,010

171,138

-

106,874

Time

736,841

762,274

826,031

811,871

747,823

665,440

653,201

615,990

610,942

458,063

431,430

408,268

395,231

359,776

246,627

241,237

250,805

251,986

229,602

-

-

130,277

Time, $250,000 or less

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

167,611

-

-

Time, over $250,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62,573

-

-

Total deposits

1,722,448

1,583,789

1,610,633

1,550,280

1,511,321

1,437,903

1,395,546

1,334,275

1,349,385

883,519

840,448

840,014

826,183

763,834

659,856

647,851

657,777

640,008

608,990

602,503

246,923

334,365

Accrued interest payable

3,995

2,022

1,610

967

990

1,063

1,150

801

814

305

220

167

158

107

134

127

139

55

85

112

83

79

Subordinated debentures

70,391

70,883

11,665

11,644

11,624

11,603

11,583

11,562

11,542

0

-

-

-

-

-

-

-

-

-

-

-

-

Federal funds purchased

-

-

-

-

-

-

-

-

-

-

0

0

0

3,671

-

-

-

-

-

-

-

6,651

Securities sold under repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

488

-

Federal Home Loan Bank advances

127,628

10,737

3,928

11,119

15,309

57,498

62,686

102,874

42,061

96,747

56,720

44,910

24,099

32,287

144,680

124,871

104,798

135,759

145,646

102,854

20,562

63,500

Dividends payable

9

76

1,012

1,008

1,035

1,036

922

919

918

542

541

941

0

1,711

-

-

-

1,489

-

-

-

-

Operating lease liabilities

11,761

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

6,884

7,207

3,987

5,287

6,528

6,821

8,563

6,887

5,954

3,784

5,307

5,329

2,430

3,455

6,118

4,331

3,809

2,342

3,565

1,608

650

1,620

TOTAL LIABILITIES

1,943,116

1,674,714

1,632,835

1,580,305

1,546,807

1,515,924

1,480,450

1,457,318

1,410,674

984,897

903,236

891,361

852,870

805,065

810,788

777,180

766,523

779,653

758,286

707,077

268,706

406,215

STOCKHOLDERS’ EQUITY
Preferred stock, $1 par value; 10,000,000 shares authorized, no shares issued to date

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

-

-

0

-

Common stock, $1 par value; 30,000,000 shares authorized; 12,014,495 and 11,206,254 shares issued and outstanding at March 31, 2020, and December 31, 2019, respectively

12,014

11,206

11,195

11,197

11,502

11,531

11,531

11,483

11,480

9,034

9,022

7,840

7,826

7,778

7,763

7,628

7,561

7,280

7,092

7,071

3,069

3,910

Additional paid-in capital

184,523

167,006

166,512

166,252

172,886

173,238

172,930

172,686

172,538

112,437

112,202

89,746

89,497

89,045

88,821

87,736

87,098

84,520

83,198

82,952

31,692

38,955

Retained earnings

39,150

40,472

36,339

33,349

30,119

27,329

24,246

21,090

19,870

17,189

16,821

15,516

14,270

12,212

11,952

9,584

7,224

4,987

4,948

3,115

1,050

901

Accumulated other comprehensive income (loss)

-1,015

5,069

5,606

3,145

612

-3,684

-4,956

-2,919

-2,937

1,477

-101

-513

-1,998

-2,116

696

1,076

139

-36

-835

-1,285

666

-250

TOTAL STOCKHOLDERS’ EQUITY

234,672

223,753

219,652

213,943

215,119

208,414

203,751

202,340

200,951

140,137

137,944

112,589

109,595

106,919

109,232

106,024

102,022

96,751

94,403

91,853

36,477

43,516

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

2,177,788

1,898,467

1,852,487

1,794,248

1,761,926

1,724,338

1,684,201

1,659,658

1,611,625

1,125,034

1,041,180

1,003,950

962,465

911,984

920,020

883,204

868,545

876,404

852,689

798,930

305,183

449,731

COMMITMENTS AND CONTINGENCIES (NOTE 14)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-