See more : Obsidian Energy Ltd. (OBELF) Income Statement Analysis – Financial Results
Complete financial analysis of First Reliance Bancshares, Inc. (FSRL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of First Reliance Bancshares, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
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First Reliance Bancshares, Inc. (FSRL)
About First Reliance Bancshares, Inc.
First Reliance Bancshares, Inc. operates as the bank holding company for First Reliance Bank that provides banking products and services in the United States. The company offers checking, savings, money market, and individual retirement accounts; certificates of deposit; and insurance products. It also provides personal loans, including unsecured, auto, real estate, overdraft protection, and other loans, as well as home equity line of credit; business loans, such as business installment, commercial real estate, and overdraft protection loans, as well as business lines of credit; mortgage loans; and debit and credit card services. In addition, the company offers treasury; indirect dealer; online, mobile, and business banking; and other services. First Reliance Bancshares, Inc. was founded in 1999 and is based in Florence, South Carolina.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 35.52M | 42.16M | 40.86M | 51.15M | 37.56M | 33.55M | 25.81M | 22.50M | 20.57M | 18.35M | 16.66M | 20.87M | 21.52M | 21.19M | 24.23M | 23.95M | 24.41M | 22.09M | 17.02M | 11.61M | 8.18M | 6.33M |
| Cost of Revenue | 580.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 35.52M | 42.16M | 40.86M | 51.15M | 37.56M | 33.55M | 25.81M | 22.50M | 20.57M | 18.35M | 16.66M | 20.87M | 21.52M | 21.19M | 24.23M | 23.95M | 24.41M | 22.09M | 17.02M | 11.61M | 8.18M | 6.33M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 4.03M | 751.38K | 916.30K | 1.33M | 1.34M | 19.62M | 15.41M | 12.38M | 11.89M | 9.16M | 9.76M | 7.80M | 8.99M | 9.53M | 10.33M | 10.27M | 10.66M | 9.49M | 7.14M | 4.87M | 3.34M | 2.64M |
| Selling & Marketing | 687.26K | 743.38K | 419.14K | 245.16K | 200.19K | 306.28K | 261.12K | 201.68K | 268.84K | 119.46K | 148.27K | 151.30K | 0.00 | 0.00 | 0.00 | 345.39K | 525.79K | 373.01K | 291.90K | 100.50K | 0.00 | 0.00 |
| SG&A | 26.42M | 1.49M | 1.34M | 1.57M | 1.54M | 19.93M | 15.67M | 12.58M | 12.16M | 9.28M | 9.91M | 7.80M | 8.99M | 9.53M | 10.33M | 10.61M | 11.19M | 9.86M | 7.43M | 4.97M | 3.34M | 2.64M |
| Other Expenses | 0.00 | -8.37M | -8.23M | -6.62M | -5.71M | -5.55M | -4.80M | -29.75M | -30.24M | -26.30M | -32.91M | -28.39M | -34.75M | -32.31M | -44.58M | -34.40M | -31.79M | -27.53M | -21.72M | -14.67M | -10.10M | -7.67M |
| Operating Expenses | 29.71M | 8.37M | 8.23M | 6.62M | 5.71M | 5.55M | 4.80M | -17.18M | -18.08M | -17.02M | -23.00M | -20.58M | -25.77M | -22.78M | -34.25M | -23.79M | -20.60M | -17.66M | -14.29M | -9.70M | -6.76M | -5.03M |
| Cost & Expenses | 29.71M | 34.61M | 34.52M | 36.44M | 32.21M | 29.37M | 22.38M | -17.18M | -18.08M | -17.02M | -23.00M | -20.58M | -25.77M | -22.78M | -34.25M | -23.79M | -20.60M | -17.66M | -14.29M | -9.70M | -6.76M | -5.03M |
| Interest Income | 0.00 | 33.21M | 26.72M | 28.12M | 27.85M | 23.62M | 17.47M | 15.39M | 15.03M | 15.07M | 14.71M | 18.81M | 23.19M | 27.95M | 32.03M | 36.24M | 37.54M | 31.72M | 23.13M | 13.29M | 8.50M | 6.93M |
| Interest Expense | 2.87M | 3.16M | 2.02M | 3.87M | 5.96M | 3.69M | 2.17M | 1.30M | 840.13K | 1.16M | 2.45M | 4.48M | 6.51M | 11.66M | 15.34M | 17.30M | 18.43M | 14.21M | 8.98M | 4.06M | 2.46M | 2.34M |
| Depreciation & Amortization | -5.81M | 1.11M | 935.04K | 958.24K | 985.79K | 1.03M | 789.44K | 806.15K | 930.79K | 968.16K | 935.39K | 947.48K | 976.85K | 1.10M | 1.12M | 1.23M | 812.76K | 904.37K | 658.26K | 774.31K | 474.93K | 367.88K |
| EBITDA | 1.00 | 0.00 | -121.98K | 15.38M | 0.00 | 0.00 | -93.35K | 5.58M | 3.42M | 2.29M | -5.40M | 1.23M | -3.27M | -491.93K | -8.90M | 1.20M | 4.74M | 5.33M | 3.40M | 2.68M | 0.00 | 0.00 |
| EBITDA Ratio | 0.00% | 2.64% | 2.29% | -0.56% | 2.62% | -3.00% | -1.94% | 27.70% | 16.61% | 12.50% | -32.43% | 5.89% | -15.19% | -2.32% | -36.75% | 5.84% | 18.92% | 24.14% | 19.94% | 23.12% | 23.16% | 26.36% |
| Operating Income | 5.81M | 7.57M | 6.41M | 14.18M | 5.34M | 4.18M | 3.43M | 5.32M | 2.49M | 1.33M | -6.34M | 282.59K | -4.25M | -1.59M | -10.02M | 166.59K | 3.80M | 4.43M | 2.74M | 1.91M | 1.42M | 1.30M |
| Operating Income Ratio | 16.37% | 17.96% | 15.68% | 27.73% | 14.22% | 12.45% | 13.28% | 23.66% | 12.08% | 7.23% | -38.04% | 1.35% | -19.73% | -7.50% | -41.38% | 0.70% | 15.59% | 20.05% | 16.08% | 16.45% | 17.36% | 20.55% |
| Total Other Income/Expenses | 0.00 | -4.37M | 0.00 | -1.49M | 0.00 | -1.01M | -501.27K | 652.37K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.09K | 0.00 | 0.00 | -287.00 | -20.00K | 0.00 | 0.00 |
| Income Before Tax | 5.81M | 7.57M | 6.41M | 13.89M | 5.34M | 3.17M | 2.93M | 5.32M | 2.49M | 1.33M | -6.34M | 282.59K | -4.25M | -1.59M | -10.02M | 166.59K | 3.80M | 4.43M | 2.74M | 1.91M | 1.42M | 1.30M |
| Income Before Tax Ratio | 16.37% | 17.96% | 15.68% | 27.17% | 14.22% | 9.45% | 11.34% | 23.66% | 12.08% | 7.23% | -38.04% | 1.35% | -19.73% | -7.50% | -41.38% | 0.70% | 15.59% | 20.05% | 16.08% | 16.45% | 17.36% | 20.55% |
| Income Tax Expense | 1.21M | 1.64M | 1.13M | 3.28M | 1.25M | 741.61K | 3.62M | 1.80M | -6.33M | -3.08M | 1.40M | 6.75K | 5.13M | -1.44M | -4.18M | -459.04K | 1.25M | 1.18M | 789.42K | 570.53K | 403.58K | 405.96K |
| Net Income | 4.60M | 5.93M | 5.28M | 10.62M | 4.09M | 2.43M | -689.36K | 3.52M | 8.81M | 4.41M | -7.74M | 275.84K | -9.38M | -149.04K | -5.84M | 625.63K | 2.56M | 3.25M | 1.95M | 1.34M | 1.02M | 894.30K |
| Net Income Ratio | 12.96% | 14.07% | 12.92% | 20.76% | 10.89% | 7.24% | -2.67% | 15.65% | 42.84% | 24.02% | -46.43% | 1.32% | -43.59% | -0.70% | -24.12% | 2.61% | 10.49% | 14.69% | 11.44% | 11.53% | 12.42% | 14.13% |
| EPS | 0.59 | 0.76 | 0.68 | 1.34 | 0.52 | 0.31 | -0.13 | 0.58 | 1.64 | 0.68 | -1.80 | -0.22 | -2.29 | -0.04 | -1.64 | 0.18 | 0.74 | 0.96 | 0.60 | 0.52 | 0.48 | 0.62 |
| EPS Diluted | 0.56 | 0.73 | 0.65 | 1.32 | 0.51 | 0.31 | -0.13 | 0.57 | 1.60 | 0.67 | -1.80 | -0.22 | -2.29 | -0.04 | -1.64 | 0.18 | 0.72 | 0.91 | 0.57 | 0.48 | 0.46 | 0.59 |
| Weighted Avg Shares Out | 7.82M | 7.78M | 7.75M | 7.92M | 7.94M | 7.74M | 5.47M | 4.44M | 4.49M | 4.61M | 4.29M | 4.09M | 4.10M | 3.94M | 3.57M | 3.51M | 3.47M | 3.39M | 3.25M | 2.58M | 2.14M | 1.45M |
| Weighted Avg Shares Out (Dil) | 8.16M | 8.13M | 8.14M | 8.04M | 8.06M | 7.87M | 5.47M | 4.55M | 4.60M | 4.69M | 4.29M | 4.09M | 4.10M | 3.94M | 3.57M | 3.52M | 3.54M | 3.56M | 3.42M | 2.76M | 2.19M | 1.52M |
First Reliance Bancshares Reports First Quarter 2024 Results
FLORENCE, S.C. , April 25, 2024 /PRNewswire/ -- First Reliance Bancshares, Inc. (OTC:FSRL), the holding company for First Reliance Bank (collectively, "First Reliance" or the "Company"), today announced its financial results for the first quarter of 2024.
First Reliance Bancshares Inc. (FSRL) Q4 Earnings Meet Estimates
First Reliance Bancshares Inc. (FSRL) came out with quarterly earnings of $0.17 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.18 per share a year ago.
First Reliance Bancshares Reports Fourth Quarter 2023 Results
FLORENCE, S.C. , Jan. 26, 2024 /PRNewswire/ -- First Reliance Bancshares, Inc. (OTC:FSRL), the holding company for First Reliance Bank (collectively, "First Reliance" or the "Company"), today announced its financial results for the fourth quarter and full year of 2023.
Strength Seen in First Reliance Bancshares Inc. (FSRL): Can Its 5.4% Jump Turn into More Strength?
First Reliance Bancshares Inc. (FSRL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
First Reliance Bancshares Inc. (FSRL) Q3 Earnings Surpass Estimates
First Reliance Bancshares Inc. (FSRL) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.31 per share a year ago.
First Reliance Bancshares Reports Third Quarter 2023 Results
FLORENCE, S.C. , Oct. 26, 2023 /PRNewswire/ -- First Reliance Bancshares, Inc. (OTC:FSRL), the holding company for First Reliance Bank (collectively, "First Reliance" or the "Company"), today announced its financial results for the third quarter of 2023.
First Reliance Bancshares Inc. (FSRL) Lags Q2 Earnings Estimates
First Reliance Bancshares Inc. (FSRL) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.13 per share a year ago.
First Reliance Bancshares Reports Second Quarter 2023 Results
FLORENCE, S.C. , July 26, 2023 /PRNewswire/ -- First Reliance Bancshares, Inc. (OTC:FSRL), the holding company for First Reliance Bank (collectively, "First Reliance" or the "Company"), today announced its financial results for the second quarter of 2023.
First Reliance Bancshares Inc. (FSRL) Tops Q1 Earnings and Revenue Estimates
First Reliance Bancshares Inc. (FSRL) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.11 per share a year ago.
First Reliance Bancshares Inc. (FSRL) Surpasses Q1 Earnings Estimates
First Reliance Bancshares Inc. (FSRL) delivered earnings and revenue surprises of 10% and 1.55%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Source: https://incomestatements.info
Category: Stock Reports