Reliant bancorp, inc. (RBNC)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
Net Cash Provided by (Used in) Operating Activities [Abstract]
OPERATING ACTIVITIES
Consolidated net income (loss)

-1,191

2,958

2,614

2,684

2,281

2,788

3,240

1,202

3,277

970

1,840

1,794

1,559

1,439

1,763

2,137

2,558

1,531

2,340

1,570

541

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

494

Adjustments to reconcile consolidated net income (loss) to net cash provided (used) by operating activities
Provision for loan losses

2,900

-

606

200

0

-

322

300

137

-

540

245

410

208

145

450

165

-

-

-

-

-250

-500

-859

109

Deferred income taxes

-295

-3,288

1,806

701

1,179

1,339

-585

-256

-118

1,093

-535

-24

-30

271

-21

-15

0

-999

252

358

186

-

-

-

-

Gain on disposal of premises and equipment

9

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization of premises and equipment

598

510

495

494

497

462

443

396

396

255

249

259

254

248

252

235

241

-

-

-

-

-

-

-

-

Depreciation and amortization of premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

261

127

-

136

204

88

Net amortization of securities

-202

-749

-716

-761

-825

-808

-859

-784

-731

-552

-519

-499

-460

-434

-392

-376

-349

-316

-325

-325

-144

-97

-104

-129

-61

Net realized gains on sales of securities

0

1,145

0

175

131

0

18

25

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gains on sales of securities

-

-

-

-

-

-

-

-

-

-

0

23

36

-320

296

60

0

-7

15

0

-396

-

-

-

-

Gains on mortgage loans sold, net

1,573

1,735

1,385

1,225

560

357

1,399

957

1,705

924

1,571

638

542

642

551

1,782

3,342

3,012

3,454

2,756

1,777

-

-

-

-

Stock-based compensation expense

349

355

337

280

250

314

237

148

224

204

217

106

89

83

69

49

50

30

48

21

5

11

9

4

8

Gain on other real estate

14

166

0

0

0

0

150

20

89

1

1

1

24

0

145

156

0

-

-

-

-

0

0

-9

1

Provision for losses on other real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

0

17

27

26

0

0

90

20

-

-

-

-

Increase in cash surrender value of life insurance contracts

295

281

283

277

278

293

293

297

303

241

219

190

186

194

194

192

170

163

162

123

93

93

96

142

29

Mortgage loans originated for resale

89,076

72,811

48,704

39,394

18,422

28,302

43,417

32,537

37,527

57,895

71,118

7,058

21,149

20,950

21,964

43,214

72,489

128,599

171,564

68,304

40,871

-

-

-

-

Proceeds from sale of mortgage loans

57,773

53,827

44,903

39,038

24,815

25,744

63,071

27,300

60,495

32,972

65,405

5,463

23,724

24,250

22,827

54,717

106,242

121,263

171,988

56,734

41,899

-

-

-

-

Other amortization (accretion)

1

-2,980

97

246

134

141

144

144

327

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other amortization (accretion)

-

-

-

-

-

-

-

-

-

-

-260

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of core deposit intangible

-

-

-

-

-

-

-

-

-

-

-

89

89

-

89

89

89

90

89

89

32

-

-

-

-

Change in
Accrued interest receivable

-770

-377

242

-1,143

175

182

558

357

208

745

701

377

135

287

320

144

-61

351

75

11

28

-47

233

51

-132

Other assets

13,715

1,706

-3,710

1,769

1,433

-2,480

1,996

1,684

-828

1,330

-167

15

-5,549

5,844

-906

628

1,014

-1,935

2,698

519

75

-667

78

866

-157

Accrued interest payable

455

412

643

-23

-73

-519

349

-13

509

85

53

9

51

-27

7

-12

84

-113

56

-20

-30

-

-

-

-1

Other liabilities

-2,487

4,786

-2,003

-2,957

-1,432

-3,038

2,099

782

-2,103

-1,122

118

2,549

-1,142

-1,109

1,814

69

727

-1,113

1,626

-3

-677

-

-

-

-125

TOTAL ADJUSTMENTS

-44,418

-16,633

502

-3,449

4,928

-1,602

19,000

-6,580

20,940

-27,091

-7,425

893

7,382

-4,677

3,027

9,809

31,019

-10,233

-3,334

-14,358

-742

12,862

-18,926

-17,835

399

NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES

-45,609

-13,675

3,116

-765

7,209

1,186

22,240

-5,378

24,217

-26,366

-5,585

2,687

8,941

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided by (Used in) Investing Activities [Abstract]
NET CASH PROVIDED BY OPERATING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,946

33,577

-

-994

-12,788

-201

13,988

-18,604

-17,065

893

INVESTING ACTIVITIES
Cash used to convert shares, and redeem stock options and fractional shares, net of cash received

7,480

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash received from merger

-

-

-

-

-

0

0

0

33,128

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Activities in available for sale securities
Purchases

0

-

-

-

20,571

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales

56,336

-

-

-

10,558

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases

-

-

-

-

-

-

-

33,508

69,815

-

9,232

12,777

46,001

11,941

31,400

9,304

6,687

6,852

23,481

-70

32,293

3,582

2,861

13,059

2,862

Sales

-

-

-

-

-

-

-

10,804

82,187

-

0

6,649

12,039

11,746

18,978

1,058

0

1,143

4,757

250

459

-

-

-

-

Maturities, prepayments and calls

1,836

4,220

3,169

3,127

2,291

2,862

3,263

3,996

2,866

706

1,755

2,827

1,475

1,217

4,544

2,206

1,288

2,752

1,846

2,085

614

377

412

-9

1,220

Purchases of restricted equity securities

2,217

-

0

-9

9

9

4

2,177

0

611

8

15

7

52

21

816

0

393

525

3

86

68

100

248

20

Redemption of restricted equity securities

0

0

209

2

200

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in loans

38,508

62,123

37,732

50,773

30,253

36,659

51,094

37,334

20,003

22,712

29,363

22,152

31,251

4,011

12,001

26,396

6,061

23,293

19,684

12,162

-3,659

15,244

924

5,968

8,091

Activities in held to maturity securities - sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

20,649

-

-

-

-

Purchase of buildings, leasehold improvements, and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35

Purchase of buildings, leasehold improvements, and equipment

457

-

253

156

434

-

2,628

893

479

-

136

292

849

377

128

110

258

106

619

168

33

-

-

-

-

Proceeds from sale of premises and equipment

75

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of other real estate

764

1,261

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Improvement of other real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

16

-

-

-

-

-

-

-

-

Purchase of life insurance contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4,000

-

-

-

-

0

0

0

2,000

NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES

10,349

-26,237

-41,394

-26,427

-38,218

-37,666

-41,492

-58,442

27,884

-54,526

-36,984

-29,760

-64,594

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided by (Used in) Financing Activities [Abstract]
NET CASH USED IN INVESTING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-32,650

-15,734

-

-37,139

-1,550

-7,031

-14,481

-1,600

-10,570

-11,788

FINANCING ACTIVITIES
Net change in deposits

-71,768

-26,844

60,353

38,961

73,427

42,372

61,290

-15,091

33,389

43,071

434

13,831

62,349

104,158

12,005

-9,926

17,769

31,018

6,487

-21,854

42,197

-13,179

5,717

43,665

8,361

Net change in other borrowings acquired from merger

58

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in advances from Federal Home Loan Bank

103,821

-

-

-

-42,175

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in federal funds purchased

-

-

-

-

-

-

-

-

-

0

0

0

3,671

-3,671

0

0

0

0

0

0

6,651

-

-

-

-

Net change in advances from Federal Home Loan Bank

-

-

-

-

-

-

-

60,826

-54,672

40,041

11,850

20,811

-8,188

-112,339

19,809

20,073

-30,961

-

-

29,498

-11,000

-

-

-

-

Advances from (repayments to) Federal Home Loan Bank, net

-

-

-

-

-

-

-

60,826

-54,672

40,041

11,850

20,811

-8,188

-112,339

19,809

20,073

-30,961

-9,887

42,792

29,498

-11,000

-

-

-

-

Issuance of common stock, net of repurchase of restricted shares

0

328

-79

323

28

0

55

3

340

43

23,421

157

411

156

1,151

656

2,809

-

-

-

-

-

-

-

-

Dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

613

Issuance of common stock related to exercise of stock options

8

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of common stock to settle tax liability on restricted stock

73

88

0

7,632

659

6

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

74

Proceeds from FHLB borrowings, net of repayments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,813

Noncontrolling interest contributions received

976

1,244

1,510

1,455

1,450

950

745

350

210

0

200

485

560

285

0

0

0

-

-

-

-

-

-

-

-

Cash dividends paid on common stock

1,274

936

1,006

1,036

1,035

926

923

918

684

541

941

0

1,711

0

0

0

1,489

-

-

-

-

-

-

-

-

NET CASH PROVIDED BY FINANCING ACTIVITIES

31,632

39,634

53,601

27,984

31,036

37,215

20,993

45,170

-21,417

82,614

34,964

35,284

49,750

-

-

-

-

-

-

-

-

-

-

-

-

NET CHANGE IN CASH AND CASH EQUIVALENTS

-3,628

-278

15,323

792

27

735

1,741

-18,650

30,684

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Proceeds from sale of common stock pursuant to dividend reinvestment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

72

NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,803

-11,872

-

49,578

7,841

24,546

-3,496

15,715

37,779

9,707

NET CHANGE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-7,605

8,211

-5,903

-10,726

18,329

-9,901

5,971

-12,839

11,445

-6,497

17,314

-3,989

-4,489

10,144

-1,188

Cash paid during the period for
Cash paid during the year for
Interest

4,218

5,560

5,504

5,902

5,455

4,983

3,745

3,438

2,472

1,852

1,478

1,192

951

-

-

-

-

-

-

-

-

-

-

-

-

Taxes

0

-304

1,071

532

4

-770

547

1,622

1

473

751

521

5

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

817

748

-

791

680

434

-

-

-

-

Taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,954

94

-

1,173

1,775

380

-

-

-

-

Non-cash investing and financing activities
Unrealized gain (loss) on securities available-for-sale

-1,327

-

-

-

6,954

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss on derivatives

-6,910

-

-699

-1,720

-1,139

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in due to/from noncontrolling interest

976

-

-

-

1,543

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain (loss) on securities available-for-sale

-

-

-

-

-

-

-

-

-6,607

-

530

2,839

249

-6,227

-641

2,052

1,024

1,172

1,412

-2,211

-80

-

-

-

-

Unrealized gain (loss) on derivatives

-

-

-

-

-

-

-

-

614

400

139

756

-1,248

-

-

-

-

-

-

646

-330

-

-

-

-

Change in due to/from noncontrolling interest

-

-

-

-

-

-

-

937

464

185

1,051

-92

-61

247

605

223

-321

-3

-587

-193

71

-

-

-

-