Call reports 2021
FIRST RELIANCE BANK — 2021
What FIRST RELIANCE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 774,956,000 | 829,859,000 | 908,796,000 | 908,003,000 |
| Total loans | 539,207,000 | 559,415,000 | 598,338,000 | 610,298,000 |
| Allowance for loan losses | 6,175,000 | 6,329,000 | 6,946,000 | 7,051,000 |
| Securities available for sale | 54,384,000 | 56,915,000 | 58,435,000 | 81,779,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 664,394,000 | 714,397,000 | 792,136,000 | 785,321,000 |
| Interest-bearing deposits | 463,386,000 | 495,691,000 | 540,966,000 | 542,815,000 |
| Noninterest-bearing deposits | 201,008,000 | 218,706,000 | 251,170,000 | 242,506,000 |
| Equity capital | 83,599,000 | 85,293,000 | 89,483,000 | 89,763,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 6,147,000 | 12,885,000 | 19,619,000 | 26,717,000 |
| Interest expense | 332,000 | 634,000 | 938,000 | 1,210,000 |
| Net interest income | 5,815,000 | 12,251,000 | 18,681,000 | 25,507,000 |
| Noninterest income | 4,864,000 | 9,351,000 | 13,111,000 | 16,223,000 |
| Noninterest expense | 8,003,000 | 16,733,000 | 25,026,000 | 33,875,000 |
| Provision for loan losses | -6,000 | 100,000 | 206,000 | 300,000 |
| Pretax income | 2,682,000 | 4,808,000 | 6,641,000 | 7,636,000 |
| Income tax | 630,000 | 1,103,000 | 1,522,000 | 1,576,000 |
| Net income | 2,052,000 | 3,705,000 | 5,119,000 | 6,060,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,055,000 | 83,037,000 | 87,996,000 | 88,168,000 |
| Total capital | 87,230,000 | 89,366,000 | 94,942,000 | 95,219,000 |
| Risk-weighted assets | 545,072,000 | 620,375,000 | 620,933,000 | 677,611,000 |