First Reliance Bancshares Inc (FSRL) financial statements (2020 and earlier)

Company profile

Business Address 2170 W PALMETTO ST
FLORENCE, SC 29501
State of Incorp. SC
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments97  
Cash and cash equivalents97  
Receivables222
Disposal group, including discontinued operation2  
Deferred tax assets3(0) 
Total current assets:10422
Noncurrent Assets
Property, plant and equipment232425
Total noncurrent assets:232425
Other undisclosed assets241329392
TOTAL ASSETS:368355418
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1  
Interest and dividends payable1  
Debt8  
Total current liabilities:8  
Noncurrent Liabilities
Other undisclosed liabilities323323377
Total liabilities:331323377
Stockholders' equity
Stockholders' equity attributable to parent, including:363241
Common stock000
Treasury stock, value(0)(0)(0)
Additional paid in capital313128
Accumulated other comprehensive income001
Accumulated deficit(10)(14)(6)
Other undisclosed stockholders' equity attributable to parent161618
Total stockholders' equity:363241
TOTAL LIABILITIES AND EQUITY:368355418

Income statement (P&L) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Revenues19  
Net investment income15  
Financial services revenue4  
Cost of revenue
(Financial Services Costs)
(1)(1) 
Gross profit:18(1) 
Operating expenses(11)(14)(10)
Other operating income, net
(Noninterest Income, Other Operating Income)
000
Operating income (loss):8(14)(10)
Nonoperating income000
Gains (losses) on sales of other real estate0(0)(0)
Bank owned life insurance income000
Interest and debt expense(1)(2)(4)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(6)1015
Income (loss) from continuing operations before income taxes:1(6)0
Income tax expense (benefit)3(1)0
Net income (loss):4(7)0
Other undisclosed net loss attributable to parent (1)(0)
Net income (loss) attributable to parent:4(8)0
Preferred stock dividends and other adjustments(1)(1)(1)
Other undisclosed net income available to common stockholders, basic0  
Net income (loss) available to common stockholders, diluted:3(9)(1)

Comprehensive Income ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Net income (loss):4(7)0
Other comprehensive income 0 
Comprehensive income (loss):4(7)0
Other undisclosed comprehensive loss, net of tax, attributable to parent(0)  
Comprehensive income (loss), net of tax, attributable to parent:4(7)0

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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