Reliant Bank (TN) is headquartered in Brentwood and is the 7th largest bank in the state of Tennessee. It is also the 344th largest bank in the nation. It was established in 2006 and as of June of 2020, it had grown to 417 employees at 33 locations. Reliant Bank (TN) has an A+ health rating.
Having to perform certain requests in person is a huge inconvenience. I had not received my updated debit cart by the expiration date of my previous card. When I went to the local branch (you can not request a replacement card online) I was given a form to fill out and told it would be a few weeks before I received my card. A few weeks is a long time to not have a debit card to use. The staff is generally friendly enough but not overly helpful. The services seem very limited compared to my other national accounts.
|FDIC Certificate #||58366|
|Return on Assets - YTD||1.11%|
|Return on Equity - YTD||9.15%|
|Annual Interest Income||$59.2MM|
|Assets and Liabilities|
|Assets||Q2 2020vs Q2 2019||$2.98B$1.79B|
|Loans||Q2 2020vs Q2 2019||$2.40B$1.31B|
|Deposits||Q2 2020vs Q2 2019||$2.53B$1.55B|
|Equity Capital||Q2 2020vs Q2 2019||$358.0MM$221.8MM|
|Loan Loss Allowance||Q2 2020vs Q2 2019||$18.2MM$11.7MM|
|Unbacked Noncurrent Loans||Q2 2020vs Q2 2019||$7.5MM$3.1MM|
|Real Estate Owned||Q2 2020vs Q2 2019||$2.5MM$1.8MM|
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