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We are excited to present First Reliance Bancshares, Inc. (OTC: FSRL).

Full DD Report for FSRL

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Recent News from (OTC: FSRL)

First Reliance Bancshares, Inc. Reports 1st Quarter 2018 Results And Completes Systems Integration Of Independence Bancshares
FLORENCE, S.C. , May 8, 2018 /PRNewswire/ -- First Reliance Bancshares, Inc. (OTC: FSRL), the holding company (the "Company") for First Reliance Bank (the "Bank"), reported first quarter 2018 net income of $88,072 , or $0.01 per diluted share.  The Company's core operating earni...
Source: PR Newswire
Date: May, 08 2018 16:01
First Reliance Bancshares Reports 4th Quarter 2017 Results And Completes Acquisition Of Independence Bancshares
FLORENCE, S.C. , Feb. 28, 2018 /PRNewswire/ --  First Reliance Bancshares, Inc. (OTC: FSRL), the holding company (the "Company") for First Reliance Bank (the "Bank"), reported a fourth quarter 2017 net loss of $2,719,627 , or $0.34 per diluted share.  The Company's adju...
Source: PR Newswire
Date: February, 28 2018 09:00
First Reliance Bancshares, Inc. Announces Completion of Merger With Independence Bancshares, Inc.
FLORENCE, S.C. , Jan. 23, 2018 /PRNewswire/ -- First Reliance Bancshares, Inc. (OTC Pink:  FSRL) ("First Reliance") today announced that it completed the acquisition of Greenville, South Carolina -based Independence Bancshares, Inc. (OTCQB:  IEBS) ("Independence") effectiv...
Source: PR Newswire
Date: January, 23 2018 06:00
First Reliance Bancshares, Inc. and Independence Bancshares, Inc. Receive All Required Regulatory and Shareholder Approvals for Pending Merger
FLORENCE, S.C. and GREENVILLE, S.C. , Jan. 11, 2018 /PRNewswire/ -- First Reliance Bancshares, Inc. (OTC Pink: FSRL) ("First Reliance" or the "Company") today announced that the Federal Deposit Insurance Corporation and the South Carolina Board of Financial Institutions have g...
Source: PR Newswire
Date: January, 11 2018 06:00
David Barksdale Joins First Reliance Bank As President Of North Carolina
FLORENCE, S.C. , Jan. 10, 2018 /PRNewswire/ -- David Barksdale has joined First Reliance Bank as President of North Carolina . Barksdale is responsible for the strategic market expansion of First Reliance Bank's footprint in North Carolina . He will oversee sales management and commun...
Source: PR Newswire
Date: January, 10 2018 06:00
First Reliance Reports 3Q17 Net Income of $733,000, Tangible Book Value Increases 23% and Provides Update on Acquisition
FLORENCE, S.C. , Nov. 1, 2017 /PRNewswire/ --  First Reliance Bancshares, Inc. (OTC: FSRL), the holding company (the "Company") for First Reliance Bank (the "Bank"), reported third quarter 2017 net income of $733,000 , down 30% from third quarter 2016 net income of $1.04 million ....
Source: PR Newswire
Date: November, 01 2017 16:30
First Reliance Bancshares Enters Agreement to Acquire Independence Bancshares, Inc. (IEBS); Completes $25.1 Million Capital Raise
FLORENCE, S.C. , Sept. 25, 2017 /PRNewswire/ -- First Reliance Bancshares, Inc. (OTC Pink: FSRL) ("First Reliance" or the "Company"), parent of First Reliance Bank, today announced the entry into a definitive agreement to acquire Independence Bancshares, Inc. ("Independence" or "IEBS") an...
Source: PR Newswire
Date: September, 25 2017 17:30
First Reliance Reports 2Q17 Net Income Of $662,632
FLORENCE, S.C. , Aug. 9, 2017 /PRNewswire/ -- First Reliance Bancshares, Inc. (OTC: FSRL), the holding company (the "Company") for First Reliance Bank (the "Bank"), reported second quarter 2017 net income after tax of $662,632 , up 4.5% from first quarter 2017 net income after tax of ...
Source: PR Newswire
Date: August, 09 2017 06:00
First Reliance Reports Record 1Q17 Net Income Of $634,042 Up 23.32% From 1Q16
FLORENCE, S.C. , April 28, 2017 /PRNewswire/ --  First Reliance Bancshares, Inc. (OTC: FSRL), the holding company (the "Company") for First Reliance Bank (the "Bank"), reported first quarter 2017 net income after tax of $634,042 .  Profitability continues to be led by strong l...
Source: PR Newswire
Date: April, 28 2017 06:00
First Reliance Bank Announces New Board Chairman
FLORENCE, S.C. , March 21, 2017 /PRNewswire/ -- First Reliance Bank has announced the appointment of J. Munford Scott, Jr. as Chairman of the Board.  Scott has served as a Director of First Reliance Bank since January 2007 and as Chairman of the Compensation Commi...
Source: PR Newswire
Date: March, 21 2017 06:01

 


About First Reliance Bancshares, Inc. (OTC: FSRL)

Logo for First Reliance Bancshares, Inc. (OTC: FSRL)

Founded in , First Reliance Bank is one of the only locally owned and operated banks in Florence, South Carolina. It has been one of the fastest growing banks in the Southeast, with assets of nearly million and over highly talented associates. Headquartered in Florence, First Reliance Bank also spans the Columbia, Lexington, Mount Pleasant and Charleston regions of South Carolina. Its trademarks are exceptional service, convenience, and custom designed programs that fit the needs of the community.

 

 

 

Current Management

  • F.R. Saunders Jr / President, CEO
  • Jeffery A. Paolucci / CFO

Current Share Structure

  • Market Cap: $33,817,223 - 03/09/2018
  • Issue and Outstanding: 4,569,895 - 03/10/2014

 


Daily Technical Chart for (OTC: FSRL)

Daily Technical Chart for (OTC: FSRL)


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The Research: All source information contained in this email is from the public sources mentioned below.

 

 
 

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@OTCReporter

 

 


Disclaimer: OTC Report publishes reports providing information on selected companies. OTC Report is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. OTC Report accepts no liability for any loss arising from an investors reliance on or use of this report. An investment in FSRL is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. OTC Report has received up to $100,000 worth of crypto currency from a non-affiliated third party for the publication and circulation of this report. OTC Report does not own any shares of FSRL and does not buy, sell, or trade any shares of FSRL. This report contains forward-looking statements, which involve risks, and uncertainties that may cause actual results to differ materially from those set forth in the forward-looking statements. Copyright 2018 by OTC Report. All rights reserved. Our Full Disclaimer: http://otc.report/disclaimer/