19.46
-0.15%
Close of 30 Oct 2026, in USD
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About First Reliance Bancshares
Its shares trade under the ticker FSRL. It has been listed since 9 March 2004. In the fiscal year to 31 December 2025, it reported revenue before interest expense of $69.6m and net income of $10.9m. At that date it held total assets of $1.09bn and shareholders' equity of $93.1m.
First Reliance Bancshares, Inc. operates as the holding company for First Reliance Bank, which engages in the provision of a broad range of consumer and business banking services, concentrating on individuals and small to medium-sized businesses desiring a high level of personalized services. The company is headquartered in Florence South Carolina, South Carolina. The company went IPO on 2004-03-09. The principal business activity of the Bank is to provide banking services to domestic markets, principally in Florence, Lexington, and Charleston Counties in South Carolina. The Bank is a South Carolina chartered commercial bank, and its deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The Bank offers various services, such as personal banking, business banking, mortgage and dealer services. The Bank offers various loans, such as real estate loans, commercial and industrial loans, and consumer and other loans. Its real estate loans include construction loans, residential loans and nonresidential loans. The Bank's deposits include noninterest-bearing transaction accounts, interest-bearing transaction accounts, savings and other time deposits.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Financials
- Industry
- Banks
- Listed since
- 9 Mar 2004
- Employees
- 92
- Website
- firstreliance.com ↗
Leadership
Pay as last reported
- Dr. C. Dale LuskIndependent Chairman of the Board
- Mr. Justin StricklandPresident
- Mr. F. SaundersChief Executive Officer, Founder, since 2001$411,306
- Mr. Robert HaileChief Financial Officer, Executive Vice President, since 2024
- Mr. Chuck StuartPresident of First Reliance Mortgage
- Mr. Keith RainwaterExecutive Vice President, Chief Accounting Officer
- Ms. Leslie ChaplinExecutive Vice President of Human Resources
- Mr. Ben BrazellChief Experience Officer and Head of Retail Banking, Senior Executive Vice President
- Mr. Jeremy GroomExecutive Vice President, Compliance and Risk Management
- Mr. John LindleyExecutive Vice President, Director of Operations
- Mr. Robert MayhueExecutive Vice President, Information Technology
- Mr. Brook MooreChief Credit Officer, Senior Executive Vice President
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- First Reliance Bancshares Inc possesses several key strengths that contribute to its competitive advantage in the market. These strengths include:
Weaknesses
- Despite its strengths, First Reliance Bancshares Inc also faces certain weaknesses which can potentially hinder its growth and sustainability. These weaknesses include:
Opportunities
- Recognizing the potential opportunities in its operating environment, First Reliance Bancshares Inc can leverage these factors for growth and market expansion:
Threats
- First Reliance Bancshares Inc faces various external threats that could pose challenges to its business operations and bottom line:
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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