# FIRST RELIANCE BANK
FLORENCE, SC · FDIC certificate 35214 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *fortress*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.13B | |
| Deposits | $922.0M | |
| Loans and leases | $838.8M | |
| Total equity | $114.2M | |
| Loans / deposits | 89.96% (p59 of band) | 87.10% |
| Liquid assets / assets | 19.25% (p42 of band) | |
| Uninsured deposits / deposits | 40.25% (p74 of band) | 30.76% |
| Brokered deposits | 7.93% | |
| Wholesale funding | 14.59% (p79 of band) | |
| FHLB advances / assets | 6.66% | |
| Tier 1 leverage | 10.53% (p51 of band) | 10.50% |
| Unrealized securities loss / equity | -6.56% (p55 of band) | -7.75% |
| AOCI / equity | -1.07% (p16 of band) | |
| ROA (annualized) | 1.21% (p46 of band) | 1.26% |
| Net interest margin | 3.87% (p60 of band) | 3.70% |
| Efficiency ratio | 66.43% (p72 of band) | |
| Noncurrent loans | 0.07% (p11 of band) | 0.51% |
| Net charge-offs (annualized) | 0.00% (p9 of band) | |
| Reserve coverage of noncurrent | 1491.05% | |
| Real estate % of loans | 90% | |
| Construction % of loans | 43.48% (p46 of band) | |
| Auto loans | $5.8M (0.69% of loans; DQ 1.21%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | -3.1% | |
| Employees | 164 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 5 | brokered >10%, wholesale funding >15%, expense ratio p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 4 |  | construction >100% equity |
| 2011-09 | 6 | losing money, construction >100% equity |  |
| 2011-12 | 6 | noncurrent p90 | construction >100% equity |
| 2012-03 | 8 | charge-offs p90, deposits shrinking, assets shrinking | losing money |
| 2012-06 | 7 |  | noncurrent p90 |
| 2012-09 | 9 | noncurrent p90, uninsured deposits leaving |  |
| 2012-12 | 9 |  |  |
| 2013-03 | 7 |  | charge-offs p90, uninsured deposits leaving |
| 2013-06 | 6 | uninsured deposits leaving | brokered >10%, wholesale funding >15% |
| 2013-09 | 7 | losing money, charge-offs p90 | noncurrent p90 |
| 2013-12 | 6 |  | charge-offs p90 |
| 2014-03 | 5 |  | losing money |
| 2014-06 | 3 |  | assets shrinking, uninsured deposits leaving |
| 2014-09 | 1 |  | expense ratio p90, deposits shrinking |
| 2014-12 | 2 | wholesale funding >15% |  |
| 2015-03 | 2 | charge-offs p90 | wholesale funding >15% |
| 2015-06 | 3 | expense ratio p90, uninsured deposits leaving | reserve under noncurrent |
| 2015-09 | 4 | wholesale funding >15%, capital falling | charge-offs p90 |
| 2015-12 | 2 | charge-offs p90, reserve under noncurrent | expense ratio p90, uninsured deposits leaving, wholesale funding >15%, capital falling |
| 2016-03 | 0 |  | charge-offs p90, reserve under noncurrent |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | capital falling |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 | expense ratio p90 | capital falling |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | capital falling |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 1 |  | expense ratio p90 |
| 2019-06 | 1 |  |  |
| 2019-09 | 2 | loans exceed deposits |  |
| 2019-12 | 0 |  | capital falling, loans exceed deposits |
| 2020-03 | 1 | loans exceed deposits |  |
| 2020-06 | 0 |  | loans exceed deposits |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 2 | expense ratio p90 |  |
| 2022-03 | 0 |  | capital falling, expense ratio p90 |
| 2022-06 | 1 | expense ratio p90 |  |
| 2022-09 | 0 |  | expense ratio p90 |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 1 | capital falling |  |
| 2023-09 | 0 |  | capital falling |
| 2023-12 | 0 |  |  |
| 2024-03 | 0 |  |  |
| 2024-06 | 1 | capital falling |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 0 |  | capital falling |
| 2025-03 | 0 |  |  |
| 2025-06 | 1 | capital falling |  |
| 2025-09 | 0 |  | capital falling |
| 2025-12 | 0 |  |  |
| 2026-03 | 1 | deposits shrinking |  |
| 2026-06 | 0 |  | deposits shrinking |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-06-26 [Two Southeast banks to merge in $163M deal - Banking Dive](https://news.google.com/rss/articles/CBMiggFBVV95cUxNdnVFcU9uSTNncEtPV3o5dUpuc21hOFI3N1BYVURNa0wtVkNTMlhzaC14cEpuUU0xM2p4d2ItLXpYcnpETEdIN1laTzZpQkR4UldiVGpDUEFCaFY1ODNHemJ3U3dHb1M3TDdBaE9zTGNOaHhHVHJCek1DbnVNcWRWOHNn?oc=5) · Banking Dive
- 2026-06-24 [Colony Bankcorp, Inc. and First Reliance Bancshares, Inc. Sign Definitive Merger Agreement to Create Transformational Southeast Banking Partnership - Business Wire](https://news.google.com/rss/articles/CBMiqgJBVV95cUxPRV9xS3lxeUJpM3hOUmpoaEE3NEZUcFBQakRfT21ReXFPOC1HUHZOSDZ6bmlaclpWczZiSTMtbHhmQmNMQVozSmk2Z3FUUGp5U0kyUVhVX0RLYk9HU0xSQi1fLUdpdlBqbng3aDVpMnk0OEdkRXBIaUx2blFmMGRSWGNvSGdmN1BjWHdua080UHVyUl90am9XTmpKdndvR3hFTFdENTZNLUx3NUV0VmNqNXpvV3B6bDN2VkRwOVBnVjZJZ2VIYmVnekhiLVRrZ2w4dWpRRWNaUmgySUZpeEU0cnB2ZDNydGFsekZWWnhRbHZjWHZxaXprS2UzejdtVzhmTFpHQUQzRFhHRWduSXlHSEkxQ1Q1T0ZnWVMxcE50QWNMNnowNTdEQnhR?oc=5) · Business Wire
- 2026-06-29 [Colony Bankcorp Agrees $163m First Reliance Deal - Banking Exchange](https://news.google.com/rss/articles/CBMiogFBVV95cUxPV2NOV3k4UUl4akJmVGVvOG80S3lGSmxjOEpYX3BzS0pFSmFSdDg2V2Z3aE45bjhhMWIxcm5VWl9sYWVLRTVNLVNmOTlSbjBfdnVlUGpIQ094VkdoSktMdnoxME5pMlM2Wk96REhFY2EzQ0o0Mkd4ZlBxNE1KU1Nfc1d2MFhwVUd0VXRZLWUzb0hsZm9lT0J0Ml81N09wQUNyOXc?oc=5) · Banking Exchange
- 2026-06-27 [Colony Bankcorp Buying First Reliance Bancshares For $163 Million - Pulse 2.0](https://news.google.com/rss/articles/CBMijAFBVV95cUxOdUxVUlhMRDdqV1ZzS2JORmZTLXhEcGcxMjJtb0UxSXFFbkZBdkk3MlFpc0E4bjdJQkg2bzRBMC0xUkdDWEdGMTFrYXhtbWRMd21VWnFmaXBXOUYzZTR0N2ViVEZaTGVxLWZ1c0RpaDNWczdidEVhcDRnaHR5eVZaLTRYN1ctX0k3OEhrd9IBkgFBVV95cUxQUmVBR0NIRFVNU1FXMTdHYkVCd3dUYWFGTkdwdnQ0MzhRU0dUOHJ0LWFEUngtaFByQlc5ZzYyMGlxSjhmaVJWbWRELUY0R0pkUzhDZURTZ21iV0JZdGJmY1hZZnFOQnhtVi1TMnM4QllhWGdGc2dtaThZZmV0eXVDRWhBZ2lkNFg1WE1VVU83MjBZQQ?oc=5) · Pulse 2.0
- 2026-01-05 [First Reliance Bank Expands Presence in Myrtle Beach with New Branch - Tallahassee Democrat](https://news.google.com/rss/articles/CBMiwAFBVV95cUxNdzJuRGZKS3ZNdUtGaVdrTURZc2VzNWNoWnNkQXZ5TDVyWFJjV3A3VXkyUGtRUy04eG5NaHVLcnBOQTE3cWhMd1FmZHNiYTFHMXN0cE5EQ3hGYTNILUNSOGM4eE1pWERMRGM4dkRXWGVzVnpyQUIwcVJoUGY3NzdaT2RjdUZKYkQxMXBTdktXSXRWRndKaFItZjJVaG5aczdWX3RwbVpYbGg4M2ZXOENVVU1FazctYS1vVjgwdFNDQmU?oc=5) · Tallahassee Democrat
- 2024-08-16 [First Reliance Bank moving into one of Columbia's prominent Main Street buildings - Post and Courier](https://news.google.com/rss/articles/CBMiiwJBVV95cUxPbk9uNUtfcy1VN2dBY0JzTlhzTU5FNDE4Y3Z1RE05bnZ3cnJabHpOOE4tMUxQSTQyRTRDZktULU5JOVJOQkItWUd6S2RRRDJxYzlVT25fa015RERrU0FNUk1uN0M3YzRnb09hc2hBWkp2NDdyS1BJTlRoZDRyRmUwdmZldmxVOGtXaEpGOExGMkg0OTZFbS1nN2lRN3BqUFR6aklwbjE0YmpXN3RHN1JlR2g5UEVfQmxPaXNCa1NIN216b2ttUEFmV2dNWlBISXkxaDF4SDA2a2V0ZERKNmg4QTg0cnRNd29PTVJNdjVKaGxtaG11VUtfWlR1d3RYYUtMSXBJZ3E5RjRnUWs?oc=5) · Post and Courier
- 2024-11-03 [A bank was robbed in SC and there’s a search to find the man who’s responsible, police say - The State](https://news.google.com/rss/articles/CBMicEFVX3lxTE9YX1MydUVfQ0VIbWtHT3FuOGU5Z0dIcDUySy1lOWZiSEgyZUFUN0RlS2dfSE5INkhvcmhkaVAzWHZORTNobFk3TElhM2NUOFVsV3pkUXdGMG5HdkNLUFdNcUxDVkdhUjFBTDdOU1NVRTXSAXBBVV95cUxPek4teWkzUGFZQjJMNFBLTEliekl3cmhxOWxoYmlLVWctaXFVSHRtMWtzTGFKWGl0cWpTSkFnLWltaDZxVG43RzNmb2EzUk11VEtnVlo1MWVuNHhrZmRyaFFNQVg4ZXFxZkhKWGdoWFJU?oc=5) · The State
- 2024-11-03 [Bank robbery in West Columbia under investigation - WLTX](https://news.google.com/rss/articles/CBMi2AFBVV95cUxQbW1TVzRJaGlLUzE0T0o1R1NnR2VUZnpleWIzWE9vN2NUSjhILVpmV1ZGWXFlVVVsTHFPS3hwSEhkb2d1WnBwckpCRWlSUloyN1NZenNJc3o2clZTdXo3emZpMGdBYXhzZnJpNGZYRUdtOVIwbm8xb3l2QVBsSHRsNWZyOGJTdWFFd2pHV2lmdlNKOENfNml2NzFUZG1uVGFfcHVEc29YYk9NU2RYNktxY2ZlVEFhRHlTc0paWEgyUE96OG82Q3o3VldRejE3NDdORUVTN2VMa3E?oc=5) · WLTX

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35214 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/14.json (key "35214", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide