Exhibit 25.1
securities and exchange commission
Washington, D.C. 20549
FORM T-1
STATEMENT OF ELIGIBILITY UNDER
THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
Check if an Application to Determine Eligibility of
a Trustee Pursuant to Section 305(b)(2)
UMB BANK, NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)
44-0201230
I.R.S. Employer Identification No.
1010 Grand Blvd. Kansas City, Missouri | 64106 |
(Address of principal executive offices) | (Zip Code) |
Shazia Flores
UMB BANK, NATIONAL ASSOCIATION
5555 San Felipe, Suite 870
Houston, Texas 77056
(713) 300-0586
(Name, address and telephone number of agent for service)
RELIANT BANCORP, INC
Issuer with respect to the Securities)
Tennessee | 37-1641316 |
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
1736 Carothers Parkway, Suite 100 Brentwood, Tennessee | 37027 |
(Address of Principal Executive Offices) | (Zip Code) |
5.125% Fixed-to-Floating Rate Subordinated Note due 2029
(Title of the Indenture Securities)
FORM T-1
Item 1. | GENERAL INFORMATION. Furnish the following information as to the Trustee. |
a) | Name and address of each examining or supervising authority to which it is subject. |
The Comptroller of the Currency
Mid-Western District
2345 Grand Avenue, Suite 700
Kansas City, Missouri 64108
Federal Reserve Bank of Kansas City
Federal Reserve P.O. Station
Kansas City, Missouri 64198
Supervising Examiner
Federal Deposit Insurance Corporation
720 Olive Street, Suite 2909
St. Louis, Missouri 63101
2345 Grand Avenue, Suite 700
Kansas City, Missouri 64108
Federal Reserve Bank of Kansas City
Federal Reserve P.O. Station
Kansas City, Missouri 64198
Supervising Examiner
Federal Deposit Insurance Corporation
720 Olive Street, Suite 2909
St. Louis, Missouri 63101
b) | Whether it is authorized to exercise corporate trust powers. |
Yes
Item 2. | AFFILIATIONS WITH OBLIGOR. If the obligor is an affiliate of the Trustee, describe each such affiliation. |
None
Items 3-15 | Items 3-15 are not applicable because, to the best of the Trustee’s knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee. |
Item 16. | LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification. |
1. | A copy of the Articles of Association of the Trustee (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-74008). |
2. | Certificate of Authority from the Comptroller of the Currency evidencing a change of the corporate title of the Association (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-74008). |
3. | Certificate from the Comptroller of the Currency evidencing authority to exercise corporate trust powers and a letter evidencing a change of the corporate title of the Association (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-74008). |
4. | Bylaws, as amended of the Trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-74008). |
5. | A copy of each Indenture referred to in Item 4. Not applicable. |
6. | The consent of the Trustee required by Section 321(b) of the Act (Exhibit 6 to Registration Statement No. 333-74008). |
7. | Report of Condition of the Trustee as of December 31, 2019 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7. |
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, UMB BANK, NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the city of Houston, State of Texas, on the 20th day of February, 2020.
By: | /s/ Shazia Flores | |
Shazia Flores | ||
Vice President |
Exhibit 7
Dollar Amounts in Thousands RCON Amount Assets 1. Cash and balances due from depository institutions (from Schedule RC-A): 0081 472,215 a. Noninterest-bearing balances and currency and coin (1)......................................................................................... 0071 1,253,727 b. Interest-bearing balances (2).................................................................................................................................... 2. Securities: JJ34 1,116,102 a. Held-to-maturity securities (from Schedule RC-B, column A) (3)............................................................................. 1773 7,447,278 b. Available-for-sale securities (from Schedule RC-B, column D)................................................................................. JA22 170 c. Equity securities with readily determinable fair values not held for trading (4)....................................................... 3. Federal funds sold and securities purchased under agreements to resell: B987 3,000 a. Federal funds sold.................................................................................................................................................... B989 1,575,345 b. Securities purchased under agreements to resell (5,6)............................................................................................ 4. Loans and lease financing receivables (from Schedule RC-C): 5369 7,803 a. Loans and leases held for sale.................................................................................................................................. b. Loans and leases held for investment.............................................................................c. LESS: Allowance for loan and lease losses (7)................................................................. B528 13,431,681 3123 101,788 d. Loans and leases held for investment, net of allowance (item 4.b minus 4.c)......................................................... B529 13,329,893 3545 33,877 5. Trading assets (from Schedule RC-D)........................................................................................................................... 2145 229,585 6. Premises and fixed assets (including capitalized leases).............................................................................................. 2150 2,935 7. Other real estate owned (from Schedule RC-M).......................................................................................................... 2130 0 8. Investments in unconsolidated subsidiaries and associated companies..................................................................... 3656 0 9. Direct and indirect investments in real estate ventures.............................................................................................. 2143 131,031 10. Intangible assets (from Schedule RC-M)...................................................................................................................... 2160 754,674 11. Other assets (from Schedule RC-F) (6)......................................................................................................................... 2170 26,357,635 12. Total assets (sum of items 1 through 11)..................................................................................................................... Liabilities 13. Deposits: 2200 21,761,772 a. In domestic offices (sum of totals of columns A and C from Schedule RC-E).......................................................... (1) Noninterest-bearing (8).............................................................................................. 6631 7,110,108 6636 14,651,664 (2) Interest-bearing......................................................................................................... b. Not applicable 14. Federal funds purchased and securities sold under agreements to repurchase: B993 31,873 a. Federal funds purchased (9).................................................................................................................................... B995 1,865,158 b. Securities sold under agreements to repurchase (10)............................................................................................. 3548 0 15. Trading liabilities (from Schedule RC-D)....................................................................................................................... 3190 27,119 16. Other borrowed money (includes mortgage indebtedness) (from Schedule RC-M)................................................... 17. and 18. Not applicable 3200 0 19. Subordinated notes and debentures (11).................................................................................................................... Umb Bank, National Association - FDIC Certificate Number: 8273Consolidated Report of Condition for Insured Banks and Savings Associations for December 31, 2019All schedules are to be reported in thousands of dollars. Unless otherwise indicated, report the amount outstanding as of the last business day of the quarter.Schedule RC—Balance Sheet 1.a.1.b.2.a.2.b.2.c.3.a.3.b.4.a.4.b.4.c.4.d.5.6.7.8.9.10.11.12. 13.a.13.a.1.13.a.2.14.a.14.b.15.16.19. Includes cash items in process of collection and unposted debits.Includes time certificates of deposit not held for trading.Institutions that have adopted ASU 2016-13 should report in item 2.a amounts net of any applicable allowance for credit losses, and item 2.a should equal Schedule RC-B, item 8, column A, less Schedule RI-B, Part II, item 7, column B.Item 2.c is to be completed only by institutions that have adopted ASU 2016-01, which includes provisions governing the accounting for investments in equity securities. See the instructions for further detail on ASU 2016-01.Includes all securities resale agreements, regardless of maturity.Institutions that have adopted ASU 2016-13 should report in items 3.b and 11 amounts net of any applicable allowance for credit losses.Institutions that have adopted ASU 2016-13 should report in item 4.c the allowance for credit losses on loans and leases.Includes noninterest-bearing, demand, time, and savings deposits.Report overnight Federal Home Loan Bank advances in Schedule RC, item 16, "Other borrowed money."Includes all securities repurchase agreements, regardless of maturity.Includes limited-life preferred stock and related surplus. Submitted to CDR on 01/30/2020 at 02:17 PMFFIEC 041Page 17 of 85 RC-1 Reporting Period: December 31, 2019 January 30, 2020 2:48 PM
Dollar Amounts in Thousands RCON Amount Liabilities—continued 2930 332,994 20. Other liabilities (from Schedule RC-G)......................................................................................................................... 2948 24,018,916 21. Total liabilities (sum of items 13 through 20).............................................................................................................. 22. Not applicable Equity Capital Bank Equity Capital 3838 0 23. Perpetual preferred stock and related surplus............................................................................................................ 3230 21,250 24. Common stock............................................................................................................................................................. 3839 750,818 25. Surplus (excludes all surplus related to preferred stock)............................................................................................. 3632 1,479,262 26. a. Retained earnings.................................................................................................................................................... B530 87,389 b. Accumulated other comprehensive income (1)....................................................................................................... A130 0 c. Other equity capital components (2)........................................................................................................................ 3210 2,338,719 27. a. Total bank equity capital (sum of items 23 through 26.c)........................................................................................ 3000 0 b. Noncontrolling (minority) interests in consolidated subsidiaries............................................................................ G105 2,338,719 28. Total equity capital (sum of items 27.a and 27.b)........................................................................................................ 3300 26,357,635 29. Total liabilities and equity capital (sum of items 21 and 28)........................................................................................ Umb Bank, National Association - FDIC Certificate Number: 8273Schedule RC—Continued 20.21. 23.24.25.26.a.26.b.26.c.27.a.27.b.28.29. M.1. 3 = This number is not to be used4 = Directors' examination of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm (may be required by state-chartering authority)5 = Directors' examination of the bank performed by other external auditors (may be required by state-chartering authority)6 = Review of the bank's financial statements by external auditors7 = Compilation of the bank's financial statements by external auditors8 = Other audit procedures (excluding tax preparation work) 9 = No external audit work 1a = An integrated audit of the reporting institution's financial state- ments and its internal control over financial reporting conducted in accordance with the standards of the American Institute of Certified Public Accountants (AICPA) or the Public Company Accounting Oversight Board (PCAOB) by an independent public accountant that submits a report on the institution1b = An audit of the reporting institution's financial statements only conducted in accordance with the auditing standards of the AICPA or the PCAOB by an independent public accountant that submits a report on the institution2a = An integrated audit of the reporting institution's parent holding company's consolidated financial statements and its internal con- trol over financial reporting conducted in accordance with the standards of the AICPA or the PCAOB by an independent public accountant that submits a report on the consolidated holding company (but not on the institution separately)2b = An audit of the reporting institution's parent holding com- pany's consolidated financial statements only conducted in accordance with the auditing standards of the AICPA or the PCAOB by an independent public accountant that submits a report on the consolidated holding company (but not on the institution separately)To be reported with the March Report of Condition. M.2. Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, and accumulated defined benefit pension and other postretirement plan adjustments.Includes treasury stock and unearned Employee Stock Ownership Plan shares. Submitted to CDR on 01/30/2020 at 02:17 PMFFIEC 041Page 18 of 85 RC-2 RCON Number 6724 NR MemorandaTo be reported with the March Report of Condition.1. Indicate in the box at the right the number of the statement below that best describes the most comprehensive level of auditing work performed for the bank by independent externalauditors as of any date during 2018................................................................................................................................. RCON Date 8678 NR 2. Bank's fiscal year-end date (report the date in MMDD format)...................................................................................... Reporting Period: December 31, 2019 January 30, 2020 2:48 PM