Reliant Bancorp, Inc. Reports Third Quarter 2020 Results

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Reliant Bancorp, Inc. (“Reliant Bancorp” or the “Company”) (Nasdaq: RBNC), parent company of Reliant Bank (“Reliant” or the “Bank”), reported net income attributable to common shareholders of $11.5 million, or $0.69 per diluted common share, for the third quarter of 2020 compared to net income attributable to common shareholders of $4.0 million, or $0.36 per diluted common share, for the third quarter of 2019. Excluding the impact of merger related income and expenses, adjusted net income per diluted common share increased 16.7% from the second quarter of 2020 and 84.2% from the third quarter of 2019.