Institution Statistics
| RELIANCE BANK | | FDIC Certificate # | 34866 | | BankRate Report | View | | Year Established | 1998 | | Employees | 31 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $145.32 million | | Loans | $80.69 million | | Deposits | $111.24 million | | Equity Capital | $17.62 million | | Loan Loss Allowance | $2.21 million | | Unbacked Noncurrent Loans | $544,000 | | Real Estate Owned | $1.64 million |
Historic Data - March 2011 | | Assets | $149.39 million | | Equity Capital | $16.49 million | | Loan Loss Allowance | $2.77 million | | Unbacked Noncurrent Loans | $949,000 | | Real Estate Owned | $1.43 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.27% | | Return on Assets | 0.39% | | Return on Equity | 3.2% | | Interest Income | $1.45 million |
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Institution Health
Overall Score:
4 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 RELIANCE BANK (AL) had $2.18 million in non-current loans and owned real-estate with $19.83 million in equity and loan loss allowances on hand to cover it. This gives RELIANCE BANK (AL) a Texas Ratio of 11.00% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend | | | The Texas Ratio for RELIANCE BANK (AL) decreased slightly from 14.32% as of March 31, 2011 to 11.00% as of March 31, 2012, resulting in a positive change of 23.16%.This indicates that the balance sheet and financial strength for RELIANCE BANK (AL) has improved slightly in recent periods. | | Deposit Growth |  | | In the past year, RELIANCE BANK (AL) has decreased its total deposits by -$2.09 million, resulting in -1.84% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth RELIANCE BANK (AL) has shown is below average. | | Capitalization |  | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. RELIANCE BANK (AL) has $145.32 million in assets with $19.83 million in equity, resulting in a capitalization level of 13.64%, which is excellent. |
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