First Reliance Bancshares Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	32.13	47.23	21.94	33.8	150.12
Investment Securities	197.81	90.78	78.52	95.33	37.15
Trading Asset Securities	-	0.25	0.28	0.09	0.85
Mortgage-Backed Securities	-	85.26	93.06	67.21	45.08
Total Investments	197.81	176.29	171.87	162.64	83.08
Gross Loans	779.94	753.74	705.67	661.25	586.45
Allowance for Loan Losses	-8.83	-8.43	-8.39	-7.66	-7.04
Net Loans	771.11	745.3	697.28	653.59	579.41
Property, Plant & Equipment	24.35	25.51	27.64	28.79	29.44
Goodwill	-	0.69	0.69	0.69	0.69
Other Intangible Assets	-	0.03	0.07	0.15	0.24
Loans Held for Sale	12.28	20.97	7.16	7.94	23.84
Accrued Interest Receivable	-	3.96	3.45	2.77	1.7
Long-Term Deferred Tax Assets	6.12	7.71	7.78	8.63	4.13
Other Real Estate Owned & Foreclosed	0.01	-	-	-	0.14
Other Long-Term Assets	49.56	38.72	35.38	36.4	37.22
Total Assets	1,093	1,067	974.16	937.11	910.8
Interest Bearing Deposits	654.08	682.74	607.19	519.61	515.95
Institutional Deposits	39.42	41.2	40.81	23.15	26.87
Non-Interest Bearing Deposits	254.62	227.47	210.6	255.43	238.02
Total Deposits	948.12	951.41	858.6	798.18	780.83
Short-Term Borrowings	-	-	5.45	37.37	11.38
Current Portion of Leases	-	0.75	-	-	-
Accrued Interest Payable	-	1.08	1.08	0.33	0.14
Long-Term Debt	9.48	15.44	15.41	15.38	15.35
Federal Home Loan Bank Debt, Long-Term	20	-	-	-	10
Long-Term Leases	-	4.22	5.59	6.2	6.78
Trust Preferred Securities	10.31	10.31	10.31	10.31	10.31
Other Long-Term Liabilities	12.39	6.14	6.32	6.05	5.2
Total Liabilities	1,000	989.35	902.76	873.82	840
Preferred Stock, Convertible	0	0	0	0	0
Total Preferred Equity	0	0	0	0	0
Common Stock	0.09	0.09	0.09	0.09	0.09
Additional Paid-In Capital	56.87	55.79	55.47	53.97	53.86
Retained Earnings	50.58	39.67	33.75	29.92	23.99
Treasury Stock	-8.09	-5.7	-4.82	-4.5	-4.32
Comprehensive Income & Other	-6.39	-12.09	-13.09	-16.17	-2.81
Total Common Equity	93.07	77.76	71.4	63.3	70.8
Shareholders' Equity	93.07	77.76	71.4	63.3	70.8
Total Liabilities & Equity	1,093	1,067	974.16	937.11	910.8
Total Debt	39.79	30.72	36.76	69.26	53.82
Net Cash (Debt)	-7.65	16.76	-14.54	-35.11	97.41
Net Cash Growth	-	-	-	-	62.86%
Net Cash Per Share	-0.92	2.02	-1.78	-4.32	11.96
Filing Date Shares Outstanding	7.83	8.03	8.14	8.14	8.26
Total Common Shares Outstanding	7.83	8.03	8.14	8.14	8.26
Book Value Per Share	11.88	9.68	8.77	7.78	8.57
Tangible Book Value	93.07	77.04	70.63	62.46	69.87
Tangible Book Value Per Share	11.88	9.59	8.68	7.67	8.46

Source: S&P Global Market Intelligence. Banks template. Financial Sources.