First Reliance Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
First Reliance Bancshares has total assets of $1.0B and total equity of $72.1M. Total deposits are $881.3M, and total loans are $716.7M. It earns a Net Interest Margin of 3.2%. It has sufficient allowance for bad loans, which are currently at 0.04% of total loans. Cash and short-term investments are $41.7M.
Key information
14.3x
Asset to equity ratio
3.2%
Net interest margin
Total deposits | US$881.31m |
Loan to deposit ratio | Appropriate |
Bad loans | 0.04% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$41.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FSRL's Assets to Equity ratio (14.3x) is moderate.
Allowance for Bad Loans: FSRL has a sufficient allowance for bad loans (2835%).
Low Risk Liabilities: 92% of FSRL's liabilities are made up of primarily low risk sources of funding.
Loan Level: FSRL has an appropriate level of Loans to Assets ratio (70%).
Low Risk Deposits: FSRL's Loans to Deposits ratio (81%) is appropriate.
Level of Bad Loans: FSRL has an appropriate level of bad loans (0%).