First Reliance Bancshares, Inc. (FSRL)

First Reliance Bancshares Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	47.15	46.31	42.81	36.17	28.56	25.29
Interest Income on Investments	10.53	10.46	9.68	8.85	4.64	1.44
Total Interest Income	57.68	56.77	52.49	45.02	33.21	26.72
Interest Paid on Deposits	16.69	17.87	18.41	12.55	1.96	1.03
Interest Paid on Borrowings	2.52	1.96	2.69	2.87	1.2	0.98
Total Interest Expense	19.21	19.83	21.11	15.42	3.16	2.02
Net Interest Income	38.47	36.95	31.38	29.6	30.04	24.71
Net Interest Income Growth	11.88%	17.73%	6.00%	-1.46%	21.60%	1.87%
Mortgage Banking Activities	6.85	5.92	4.8	3.82	3.73	9.53
Gain (Loss) on Sale of Assets	0.65	2.49	-0.82	0.03	0.71	0.07
Gain (Loss) on Sale of Investments	-0.3	-0.48	-0.31	-1.53	-	0.08
Other Non-Interest Income	3.21	3.21	3.23	3.22	3.15	2.97
Total Non-Interest Income	11.95	12.58	8.2	6.92	8.98	14.2
Non-Interest Income Growth	16.95%	53.48%	18.49%	-22.95%	-36.77%	-36.87%
Revenues Before Loan Losses	50.42	49.53	39.58	36.52	39.02	38.91
Provision for Loan Losses	0.46	0.96	0.32	0.37	0.48	0.3
Revenue	49.95	48.57	39.26	36.15	38.54	38.61
Revenue Growth	14.19%	23.71%	8.59%	-6.19%	-0.17%	-11.94%
Salaries and Employee Benefits	19.76	19.44	18.03	15.85	18.46	20.18
Occupancy Expenses	2.28	2.33	2.43	2.46	2.56	2.2
Selling, General & Administrative	8.74	8.82	7.74	8.12	6.34	6.47
Other Non-Interest Expense	4.11	4.13	3.4	3.92	3.61	3.35
Total Non-Interest Expense	34.89	34.72	31.6	30.34	30.97	32.2
EBT Excluding Unusual Items	15.06	13.85	7.66	5.81	7.57	6.41
Other Unusual Items	-	0.14	-	-	-	-
Pretax Income	15.06	13.99	7.66	5.81	7.57	6.41
Income Tax Expense	3.18	3.08	1.74	1.21	1.64	1.13
Net Income	11.88	10.91	5.92	4.6	5.93	5.28
Net Income to Common	11.88	10.91	5.92	4.6	5.93	5.28
Net Income Growth	48.38%	84.14%	28.66%	-22.38%	12.40%	-50.30%
Basic Shares Outstanding	8	8	8	8	8	8
Diluted Shares Outstanding	8	8	8	8	8	8
Shares Change	-0.50%	0.41%	1.59%	0.45%	-0.18%	1.30%
EPS (Basic)	1.52	1.39	0.75	0.59	0.76	0.68
EPS (Diluted)	1.44	1.31	0.71	0.56	0.73	0.65
EPS Growth	51.45%	84.51%	26.79%	-23.29%	12.31%	-50.76%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Effective Tax Rate	21.11%	22.03%	22.68%	20.82%	21.66%	17.65%

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 29, 2026

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