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FIRST RELIANCE BNCSHS INC - $FSRL STOCK NEWS

Welcome to our dedicated page for FIRST RELIANCE BNCSHS news (Ticker: $FSRL), a resource for investors and traders seeking the latest updates and insights on FIRST RELIANCE BNCSHS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FIRST RELIANCE BNCSHS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FIRST RELIANCE BNCSHS's position in the market.

Rhea-AI Summary
First Reliance Bancshares, Inc. reported a decrease in net income by 9.7% for the first quarter of 2024 compared to the same period in 2023. Despite this, total loans and deposits saw significant growth. Asset quality remained strong with a low percentage of nonperforming assets. The company's capital ratios and book value per share also showed positive trends.
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First Reliance Bancshares, Inc. announced its financial results for Q4 and full year 2023, revealing a decrease in net income and net interest income compared to the previous year. The company's net interest margin expanded in Q4 2023, but decreased compared to the same period in 2022. Total loans and deposits experienced fluctuations throughout the year. Asset quality improved, with nonperforming assets decreasing. However, cost of funds increased significantly in 2023.
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First Reliance Bancshares Announces Q3 2023 Financial Results
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FIRST RELIANCE BNCSHS INC

OTC:FSRL

FSRL Rankings

FSRL Stock Data

66.55M
7.55M
12.63%
Commercial Banking
Finance and Insurance
Link
United States of America
Florence

About FSRL

community bank in florence, sc with offices in charleston, mt. pleasant, west columbia, lexington and florence. the bank's brand, there's more to banking than moneytm, has allowed it to earn a 99% customer satisfaction rating. first reliance offers customers incredible customer service, distinct programs and unmatched convenience.