Vitals
  • Total Assets
    28.6M 6.7 %
  • Total Deposits
    27.9M 16.0 %
  • Total Net Loans
    22.0M 40.3 %
  • Net Income
  • Book Value
    675000.0000 -58.8 %
  • Book Value x2
    1.4M -58.8 %
  • Book Value x3
    2.0M -58.8 %
ROAA

ROAE

Efficiency Ratio

231.058

Net Interest Margin

2.537

Balance Sheet Highlights
Financial Highlights Reliance Bank All Insured Commercial Banks in New York
Balance Sheet $(000)
Total Assets 28,637 911,037
Total Net Loans 22,020 5,690,071
Total Deposits 27,881 670,793
Total Equity 675 91,398
Profitability
Net Income — 142,404
Return on Average Assets — .991
Return on Average Equity — 9.793
Net Interest Margin 2.537 3.735
Efficiency Ratio 231.058 66.544
Noninterest Income/Revenue 11.001 89.503
Balance Sheet Ratios
Loan-to-Deposit 78.979 66.208
Securities/Assets .082 2.114
Total Equity/Total Assets .024 .1
Tangible Equity/Tangible Assets -.064 -3.095
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 698 76,445
Tier 2 Capital 192 306,565
Total Capital 890 83,326
Total Risk Weighted Assets 15,039 536,523
Leverage Ratio 2.27 9.68
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 4.64 17.464
Total Capital Ratio 5.92 18.615

Timeline for Reliance Bank

Union State Bank

Reliance Bank was acquired by Union State Bank 20 years

View Profile Mar 20 2004

Avant Financial, Llc

Avant Financial, Llc became a new parent organization for Reliance Bank.

View Profile Nov 21 2000

Reliance Bank

Reliance Bank was established 37 years ago and is currently headquartered in White Plains, NY.

Aug 18 1986
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Union State Bank Buyer 2,829,590 Failure 3/20/2004
Relationships Role Relationship Start Relationship End
Avant Financial, Llc Parent 11/21/2000 3/19/2004
Similar Organizations
Organization City State Total Assets
The Baxter State Bank
 		Baxter Springs KS 28.6M
Amistad Bank
 		Del Rio TX 28.2M
Security State Bank Of Oklee
 		Oklee MN 29.5M
Farmers State Bank Of Hoffman
 		Hoffman MN 29.6M
Eagle State Bank
 		Eagle NE 27.7M
The State Bank Of Canton, Canton, Kansas
 		Canton KS 29.6M
Fairview State Banking Company
 		Fairview IL 28.6M
Peoples Trust And Savings Bank
 		Riverside IA 29.7M
First Security Bank
 		Union Star MO 28.6M
Franklin State Bank
 		Franklin MN 28.8M