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OTCM
FSRL
Market cap150mUSD
Oct 08, Last price  
19.09USD
1D
-0.31%
1Q
3.75%
Jan 2017
221.38%
IPO
61.10%
Name

First Reliance Bancshares Inc

Chart & performance

D1W1MN
OTCM:FSRL chart
P/E
13.82
P/S
2.16
EPS
1.38
Div yield, %
—
Shrs. gr., 5y
0.71%
Rev. gr., 5y
6.37%
Revenues
70m
+77.38%
36,307,27842,842,28641,251,52239,635,65532,842,92728,032,15025,348,72419,111,81019,355,62020,100,66723,796,20824,957,93732,589,12336,630,90151,146,70140,857,08042,162,50351,908,58039,260,00069,639,000
Net income
11m
+84.14%
3,245,9082,559,520625,632-5,844,153-149,037-9,381,115275,840-7,736,5304,407,6118,812,3483,521,908-689,3602,430,2344,088,83910,616,1505,276,7385,931,0124,603,4165,922,81810,906,000
CFO
18m
P
335,699-10,621,27416,174,2593,948,0499,122,8892,952,437714,2125,663,8043,702,092-4,752,6265,527,146-1,485,1321,663,812-12,038,68134,453,01439,543,97225,347,9329,508,279-8,925,38317,958,233

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Profile

First Reliance Bancshares, Inc. functions as the parent entity for First Reliance Bank, delivering a broad spectrum of financial products and banking services across the United States. Its offerings include a variety of deposit accounts such as checking, savings, money market, and individual retirement accounts (IRAs), as well as certificates of deposit (CDs). The company also provides insurance solutions to its clients. Regarding lending, it extends various personal financing options, including unsecured, automobile, real estate-backed, and other loans, alongside overdraft protection and home equity lines of credit (HELOCs). For its commercial customers, the firm supplies business installment loans, commercial real estate financing, overdraft protection, and business lines of credit. Mortgage lending is another significant service, complementing its debit and credit card offerings. Additionally, First Reliance Bancshares provides treasury management services, indirect dealer financing, and modern digital banking solutions accessible through online and mobile platforms, in addition to its traditional business banking services. The company was established in 1999 and is headquartered in Florence, South Carolina.

Key people

C. Dale Lusk
Independent Chairman of the Board · since 2023
Justin Strickland
President
F. Saunders
Chief Executive Officer, Founder · since 2023
Chuck Stuart
President of First Reliance Mortgage
Ben Brazell
Chief Experience Officer and Head of Retail Banking, Senior Executive Vice President
Leslie Chaplin
Executive Vice President of Human Resources
Jeremy Groom
Executive Vice President, Compliance and Risk Management
Robert Haile
Chief Financial Officer, Executive Vice President · since 2024
John Lindley
Executive Vice President, Director of Operations
Robert Mayhue
Executive Vice President, Information Technology
Brook Moore
Chief Credit Officer, Senior Executive Vice President
Keith Rainwater
Executive Vice President, Chief Accounting Officer
Robby Hill
Independent Director
John Jebaily
Independent Director · since 2001
James Lingle
Independent Director · since 2011
William Mcelveen
Independent Director
Julius Parris
Independent Director · since 2011
Rick Redden
Independent Director
Mike Reichenbach
Independent Director
Paul Saunders
Independent Director, Founder · since 2023
IPO date
Mar 09, 2004
Employees
170
Domiciled in
US
Incorporated in
US
Legal address
C/O F R SAUNDERS JR
2170 W PALMETTO ST
Florence, SC 29501
US
Headquarters
2170 W PALMETTO ST
Florence, SC 29501
US

Valuation

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