First Reliance Bancshares Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Rick Saunders
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 24.1yrs |
| CEO ownership | n/a |
| Management average tenure | 4.3yrs |
| Board average tenure | 13.6yrs |
Recent management updates
Recent updates
CEO
Rick Saunders (63 yo)
Mr. Fredrick R. Saunders, Jr. also known as Rick, is Founder, CEO & Director of First Reliance Bank. In 1999, he founded First Reliance Bank in Florence, South Carolina. Mr. Saunders currently serves as Ch...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 24.1yrs | US$411.31k | no data | |
| Senior VP | 25.8yrs | US$9.50k | no data | |
| President | no data | no data | no data | |
| Senior Executive VP & Chief Financial Officer | 5.3yrs | no data | no data | |
| Executive VP & Director of Operations | no data | no data | no data | |
| Executive VP & Chief Accounting Officer | 2.1yrs | no data | no data | |
| Executive Vice President of Compliance & Risk Management | no data | no data | no data | |
| Executive VP & Director of Human Resources | 4.2yrs | no data | no data | |
| Senior Executive VP | less than a year | no data | no data | |
| President of the Mortgage Division | no data | no data | no data | |
| Senior Executive VP & Chief Credit Officer | 4.3yrs | no data | no data | |
| Executive Vice President of Information Technology | 3.3yrs | no data | no data |
Experienced Management: FSRL's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 24.1yrs | US$411.31k | no data | |
| Senior VP | 24.1yrs | US$9.50k | no data | |
| Independent Director | 24.1yrs | US$17.70k | no data | |
| Independent Chairman | 24.1yrs | US$16.95k | no data | |
| Independent Director | 14.1yrs | US$14.75k | no data | |
| Director | 2.3yrs | no data | no data | |
| Independent Director | 13.6yrs | US$11.55k | no data | |
| Director | 2.2yrs | no data | no data | |
| Director | 5.3yrs | no data | no data | |
| Director | 3.9yrs | no data | no data | |
| Director | 3.9yrs | no data | no data |
Experienced Board: FSRL's board of directors are seasoned and experienced ( 13.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/19 15:39 |
| End of Day Share Price | 2025/05/19 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
First Reliance Bancshares, Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Bishop | Hovde Group, LLC |
| Christopher Marinac | Janney Montgomery Scott LLC |