First Reliance Bank
BankRegReports is independent of First Reliance Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
First Reliance Bank is an FDIC-insured commercial bank headquartered in Florence, SC, established in 1999 (FDIC certificate 35214), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $1.13B, up 2.3% from Q2 2025, the 13th largest of 43 banks headquartered in South Carolina. Its CET1 capital ratio was 13.16% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 35214
- Headquarters
- Florence, SC
- Established
- 1999
- Total assets, Q2 2026
- $1.13B
- Assets vs Q2 2025
- +2.3%
- CET1 ratio, Q2 2026
- 13.16%
- Domestic offices
- 11 FDIC institution directory, current count
- Routing number
- 053208008
- Holding company
- FIRST RELIANCE BANCSHARES, INC.
- Asset rank in state
- 13th of 43 in South Carolina
First Reliance Bank, based in Florence, South Carolina, reported $1.1 billion in assets at June 30, 2026, up 2.3% from a year earlier. It lost 3.1% of its deposits over the year, lower than about 9 in 10 of the 895 banks with $1 billion to $10 billion in assets (median 5.1%). It also carries problem assets equal to 0.5% of the capital and reserves that would absorb them, a small fraction of the median of 3.6% for banks its size.
Net income for the quarter slipped 23% from a year earlier, to $3.1 million. Over the same year, loans grew 4.9% and deposits shrank 3.1%. Costs are the weak spot: it spends about 70 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 58 cents).
As of June 30, 2026, First Reliance Bank reported a CET1 capital ratio of 13.16%, a return on assets of 1.09%, a nonperforming-loan ratio of 0.07% and a Texas ratio of 0.51%. The figures come from its call report filed with the FFIEC.
Of the 43 banks headquartered in South Carolina, First Reliance Bank is the 13th largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 0.8% to $1.13B, loans rose 2.7% and deposits fell 0.9%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 37.8% of total loans, followed by non-owner-occupied commercial real estate loans at 24.4%. The FDIC Summary of Deposits lists 11 offices for it, in 8 cities in SC; its Florence 2 offices book 41% of its branch deposits. On its Q2 2026 call report, First Reliance Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 2170 W Palmetto St, Florence, SC 29501
- County
- Florence
- Metro Area
- Florence, SC
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- No
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- August 16, 1999
- Domestic offices
- 11 FDIC institution directory, current count
- Employees (FTE)
- 164
- Domestic deposits
- $922.0M
- Allowance for credit losses
- $9.3M
- Net charge-offs (YTD)
- -$16K
- Average total assets
- $1.13B
- Average total loans
- $828.0M
- Average interest-bearing deposits
- $683.3M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 16, 1999
- FDIC Cert
- 35214
- Fed RSSD
- 2839790
- SEC CIK
- 1172102 → filed by FIRST RELIANCE BANCSHARES, INC.
- Website
- firstreliance.com →
- Parent Holding Company
- FIRST RELIANCE BANCSHARES, INC. (RSSD 3070312)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
First Reliance Bank's total assets moved between a low of $972.0M (Q4 2023) and a high of $1.13B (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.13B total assets against $1.10B; $1.01B total liabilities against $997.6M.
$829.5M net loans and leases against $791.1M; $922.0M total deposits against $951.3M.
$188.7M securities against $194.1M; $27.9M cash and balances due against $34.0M.
$14.8M total interest income against $14.3M; $4.7M total interest expense against $4.9M.
$10.1M net interest income against $9.4M.
$3.1M total noninterest income against $5.0M; $9.2M total noninterest expense against $9.0M.
$123K provision for credit losses against $88K.
$3.1M net income against $4.0M.
1.09% return on assets against 1.44%; 3.83% net interest margin against 3.64%.
13.16% CET1 capital ratio against 11.84%; 10.53% tier 1 leverage ratio against 9.74%.
Inside the full First Reliance Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
First Reliance Bank rankings
Its closest position to the top of a national ranking is 932 of 4,196, for total assets; its furthest is 2,946 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.51% (Q4 2024) to 1.44% (Q2 2025) and its net interest margin ran from 3.44% (Q3 2024) to 3.84% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.16% | 1.09% | 0.07% | 0.51% | 3.83% |
| Q1 2026 | 13.04% | 1.35% | 0.25% | 1.73% | 3.82% |
| Q4 2025 | 12.72% | 1.15% | 0.31% | 2.10% | 3.84% |
| Q3 2025 | 12.47% | 1.10% | 0.05% | 0.33% | 3.80% |
| Q2 2025 | 11.84% | 1.44% | 0.03% | 0.19% | 3.64% |
| Q1 2025 | 11.92% | 0.69% | 0.12% | 0.87% | 3.63% |
| Q4 2024 | 12.42% | 0.51% | 0.15% | 1.14% | 3.55% |
| Q3 2024 | 12.51% | 0.80% | 0.12% | 0.85% | 3.44% |
Swipe the table sideways to see every column.
Branch Network
View all 11 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| First Reliance Bank (main office) | Florence , SC | 29501 | $315.1M |
| Mount Pleasant Branch | Mount Pleasant , SC | 29464 | $184.5M |
| Downtown Columbia Branch | Columbia , SC | 29201 | $111.9M |
| Lexington North Lake Dr Branch | Lexington , SC | 29072 | $102.0M |
| Second Loop Branch | Florence , SC | 29505 | $58.7M |
| Greenville Downtown Branch | Greenville , SC | 29601 | $55.0M |
| Simpsonville Branch | Simpsonville , SC | 29681 | $36.3M |
| Sunset Blvd, West Columbia Branch | West Columbia , SC | 29169 | $33.1M |
| Myrtle Beach - Mayfair St Branch | Myrtle Beach , SC | 29577 | $25.3M |
| Https:Firstreliance.Com Branch | Mount Pleasant , SC | 29464 | $18K |
| Myrtle Beach Brach | Myrtle Beach , SC | 29577 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| January 23, 2018 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 23, 2018 | Structure Change | Acquired Independence National Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.7% of deposits in SC, rank 27 of 73 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 1,537 applications, 1,245 loans originated, $416.1M originated, across 13 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $160K approved, $160K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2022 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Consumer complaints
- 4 complaints in the last 4 full quarters. Raw counts, not adjusted for size
- Period: 2024-Q1 to 2026-Q1. Source: CFPB consumer complaint database.
- Not on file
- Enforcement actions, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows First Reliance Bank’s latest filed figures and updates each quarter.
Similar banks
Compare First Reliance Bank with peers
Frequently asked about First Reliance Bank
What are First Reliance Bank's total assets?
As of the Q2 2026 filing, First Reliance Bank reported total assets of $1.13 billion in its FFIEC call report.
Where is First Reliance Bank headquartered?
It is headquartered in Florence, SC, United States.
When was First Reliance Bank founded?
It was established in 1999, per the FDIC institution directory.
Is First Reliance Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #35214). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Reliance Bank?
First Reliance Bank's primary federal regulator is the FDIC.
What is First Reliance Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 13.16% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First Reliance Bank operate?
It operates 11 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Reliance Bank's Texas Ratio?
Its Texas Ratio is 0.51% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
Go deeper on First Reliance Bank.
Get an email when First Reliance Bank files its next call report, and benchmark it against any peer you choose.
Unlock First Reliance Bank, freeFree account