Call reports 2020
FIRST RELIANCE BANK — 2020
What FIRST RELIANCE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 658,794,000 | 760,802,000 | 779,917,000 | 707,626,000 |
| Total loans | 514,615,000 | 569,713,000 | 536,564,000 | 513,593,000 |
| Allowance for loan losses | 3,877,000 | 4,715,000 | 5,721,000 | 6,187,000 |
| Securities available for sale | 34,792,000 | 28,216,000 | 35,547,000 | 32,730,000 |
| Securities held to maturity | 9,795,000 | 9,318,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 507,027,000 | 588,407,000 | 601,561,000 | 599,361,000 |
| Interest-bearing deposits | 361,866,000 | 397,153,000 | 422,139,000 | 426,726,000 |
| Noninterest-bearing deposits | 145,161,000 | 191,254,000 | 179,422,000 | 172,635,000 |
| Equity capital | 70,451,000 | 74,982,000 | 80,283,000 | 81,968,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 6,978,000 | 13,872,000 | 21,651,000 | 28,111,000 |
| Interest expense | 985,000 | 1,819,000 | 2,513,000 | 3,343,000 |
| Net interest income | 5,993,000 | 12,053,000 | 19,138,000 | 24,768,000 |
| Noninterest income | 2,089,000 | 10,205,000 | 18,336,000 | 24,331,000 |
| Noninterest expense | 6,283,000 | 13,425,000 | 21,261,000 | 30,228,000 |
| Provision for loan losses | 375,000 | 1,550,000 | 2,547,000 | 2,904,000 |
| Pretax income | 1,424,000 | 7,072,000 | 13,455,000 | 15,756,000 |
| Income tax | 318,000 | 1,635,000 | 3,127,000 | 3,654,000 |
| Net income | 1,106,000 | 5,437,000 | 10,328,000 | 12,102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,866,000 | 70,292,000 | 76,390,000 | 78,672,000 |
| Total capital | 68,743,000 | 75,007,000 | 82,111,000 | 84,859,000 |
| Risk-weighted assets | 552,269,000 | 563,461,000 | 556,515,000 | 541,699,000 |