We report results of systematic analysis of various modes in the flatband lattice, based on the diamond-chain model with the on-site cubic nonlinearity, and its double version with the linear on-site mixing between the two lattice fields. In the single-chain system, a full analysis is presented, first, for the single nonlinear cell, making it possible to find all stationary states, viz., antisymmetric, symmetric, and asymmetric ones, including an exactly investigated symmetry-breaking bifurcation of the subcritical type. In the nonlinear infinite single-component chain, compact localized states (CLSs) are found in an exact form too, as an extension of known compact eigenstates of the linear diamond chain. Their stability is studied by means of analytical and numerical methods, revealing a nontrivial stability boundary. In addition to the CLSs, various species of extended states and exponentially localized lattice solitons of symmetric and asymmetric types are also studied, by means of numerical calculations and variational approximation. As a result, existence and stability areas are identified for these modes. Finally, the linear version of the double diamond chain is solved in an exact form, producing two split flatbands in the system's spectrum.