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First Reliance Bank, Financial Information

About First Reliance Bank

 Address:
2170 West Palmetto Street
Florence, SC
Florence County, South Carolina
 Established:
Aug 1999
 Number of domestic offices:
11
Total assets$708M
Net income$12M
Net income, quarterly$2M
Total deposits$599M
Domestic deposits$599M
Equity capital$82M
ROA1.7%
ROAQ, quarterly0.95%
ROA, pretax0.95%
ROAQ, quarterly, pretax1.24%
ROE16.06%
ROEQ, quarterly8.75%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Historical Data