Call reports 2023
FIRST RELIANCE BANK — 2023
What FIRST RELIANCE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 998,039,000 | 989,977,000 | 989,732,000 | 971,957,000 |
| Total loans | 686,124,000 | 706,517,000 | 724,008,000 | 712,769,000 |
| Allowance for loan losses | 8,054,000 | 8,233,000 | 8,434,000 | 8,395,000 |
| Securities available for sale | 164,150,000 | 158,142,000 | 162,572,000 | 171,399,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 840,585,000 | 833,558,000 | 864,270,000 | 861,828,000 |
| Interest-bearing deposits | 587,214,000 | 599,933,000 | 629,557,000 | 647,993,000 |
| Noninterest-bearing deposits | 253,371,000 | 233,625,000 | 234,713,000 | 213,835,000 |
| Equity capital | 86,116,000 | 86,379,000 | 86,209,000 | 91,669,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 9,965,000 | 20,945,000 | 32,466,000 | 44,367,000 |
| Interest expense | 2,353,000 | 5,762,000 | 9,718,000 | 14,145,000 |
| Net interest income | 7,612,000 | 15,183,000 | 22,748,000 | 30,222,000 |
| Noninterest income | 2,316,000 | 4,634,000 | 7,083,000 | 8,989,000 |
| Noninterest expense | 7,460,000 | 14,848,000 | 22,259,000 | 29,633,000 |
| Provision for loan losses | 375,000 | 671,000 | 882,000 | 842,000 |
| Pretax income | 2,225,000 | 3,989,000 | 6,365,000 | 7,689,000 |
| Income tax | 447,000 | 819,000 | 1,334,000 | 1,595,000 |
| Net income | 1,778,000 | 3,170,000 | 5,031,000 | 6,094,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 96,341,000 | 97,762,000 | 99,633,000 | 101,201,000 |
| Total capital | 105,149,000 | 106,735,000 | 108,555,000 | 110,003,000 |
| Risk-weighted assets | 776,785,000 | 787,525,000 | 801,638,000 | 793,748,000 |