Vitals
  • Total Assets
    406.7M 8.9 %
  • Total Deposits
    338.7M 11.2 %
  • Total Net Loans
    290.8M 8.2 %
  • Net Income
    3.7M -55.7 %
  • Book Value
    45.1M -5.3 %
  • Book Value x2
    90.2M -5.3 %
  • Book Value x3
    135.3M -5.3 %
ROAA

.967

ROAE

8.157

Efficiency Ratio

77.515

Net Interest Margin

4.558

Balance Sheet Highlights
Financial Highlights First Reliance Bank All Insured Commercial Banks in South Carolina
Balance Sheet $(000)
Total Assets 406,746 396,146
Total Net Loans 290,828 246,095
Total Deposits 338,684 337,242
Total Equity 45,105 39,753
Profitability
Net Income 3,742 2,936
Return on Average Assets .967 .658
Return on Average Equity 8.157 6.043
Net Interest Margin 4.558 3.683
Efficiency Ratio 77.515 77.076
Noninterest Income/Revenue 40.555 19.526
Balance Sheet Ratios
Loan-to-Deposit 85.87 72.161
Securities/Assets .094 .198
Total Equity/Total Assets .111 .1
Tangible Equity/Tangible Assets .101 .099
Capital Adequacy
Tier 1 Common Capital 39,486 39,215
Tier 1 Capital 39,486 39,215
Tier 2 Capital 2,652 2,972
Total Capital 42,138 42,275
Total Risk Weighted Assets 323,406 268,714
Leverage Ratio 9.97 10.143
Common Equity Tier 1 Capital Ratio 12.21 15.311
Tier 1 Capital Ratio 12.21 15.311
Total Capital Ratio 13.03 16.421

Timeline for First Reliance Bank

First Reliance Bancshares, Inc.

First Reliance Bancshares, Inc. became a new parent organization for First Reliance Bank.

View Profile Apr 01 2002

First Reliance Bank

First Reliance Bank was established 26 years ago and is currently headquartered in Florence, SC.

Aug 16 1999
Relationships Role Relationship Start Relationship End
First Reliance Bancshares, Inc. Parent 4/1/2002
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