Reliant Bancorp, Inc. Reports Fourth Quarter 2020 Results

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Reliant Bancorp, Inc. (“Reliant Bancorp” or the “Company”) (Nasdaq: RBNC), parent company of Reliant Bank (the “Bank”), reported net income attributable to common shareholders of $12.2 million, or $0.73 per diluted common share, for the fourth quarter of 2020 compared to net income attributable to common shareholders of $11.5 million, or $0.69 per diluted common share, for the third quarter of 2020, and $4.1 million, or $0.37 per diluted common share, for the fourth quarter of 2019. Excluding the impact of prior period merger-related income and expenses, adjusted net income per diluted common share increased 4.3% from the third quarter of 2020 and 55.3% from the fourth quarter of 2019.