FIRST RELIANCE BANK
FLORENCE, SOUTH CAROLINA · FDIC Cert #35214
Capital & Safety Analysis
According to FDIC financial data, FIRST RELIANCE BANK holds a Tier 1 capital ratio of 12.28%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST RELIANCE BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
FIRST RELIANCE BANK shows strong financial health indicators. With $1.1B in assets and a Health Score of 79/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
FIRST RELIANCE BANK has a Bank Health Score of B (79/100). It holds a Tier 1 capital ratio of 12.28%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
FIRST RELIANCE BANK holds $1.1B in total assets and $904M in total deposits. It is located in FLORENCE, SOUTH CAROLINA (FDIC Certificate #35214).
FIRST RELIANCE BANK has a Tier 1 capital ratio of 12.28%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.03%, and the return on assets is 0.98%.
Yes. FIRST RELIANCE BANK is FDIC-insured (Certificate #35214). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.