Overview / Commentary
843-656-5000
2170 West Palmetto Street
Florence, SC 29501

First Reliance Bank is headquartered in Florence and is the 13th largest bank in the state of South Carolina. It is also the 1,276th largest bank in the nation. It was established in 1999 and as of September of 2018, it had grown to 168 employees at 12 locations. First Reliance Bank has an A+ health rating.

Related Posts

View all posts from:


Reviews (1)

Small town banking

Banking with First Reliance was an overall frustrating experience. There fees were unreasonable and they were difficult to deal with when I needed to close a bank account after my divorce. I was charged a fee to buy checks and open a savings account. Charged monthly to use my debit card, and fees when online banking. Trying to get in touch with the bank was difficult. Dialing the local number I would get the 1800 number and not the back itself. That was annoying to me. Their tellers were kind but would never give a straightforward answer to certain questions when asked. When I ask about a fee I expect truthfulness. That's better than acting like you don't know. Over all it was annoying.



Health
A+

Health Grade Components

Overall
FDIC Certificate #35214
Year Established1999
Employees168
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.7%
Return on Equity - YTD6.34%
Annual Interest Income$17.2MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$562.5MM$454.0MM
LoansQ3 2018vs Q3 2017$414.7MM$330.3MM
DepositsQ3 2018vs Q3 2017$470.8MM$388.4MM
Equity CapitalQ3 2018vs Q3 2017$61.4MM$47.8MM
Loan Loss AllowanceQ3 2018vs Q3 2017$2.5MM$2.6MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$2.2MM$703.00K
Real Estate OwnedQ3 2018vs Q3 2017$140.00K$2.2MM
Rates

Sorry, we do not have rate data for First Reliance Bank.

Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.