First Reliance Bancshares Inc (SuthCrln) (FSRL) Issues Earnings Results
First Reliance Bancshares Inc (SuthCrln) (NASDAQ:FSRL) posted its quarterly earnings data on Wednesday. The company reported $0.15 earnings per share for the quarter, Bloomberg Earnings reports. First Reliance Bancshares Inc (SuthCrln) had a return on equity of 9.51% and a net margin of 11.02%. The company had revenue of $5.95 million during the quarter.
First Reliance Bancshares Inc (NASDAQ FSRL) traded down $0.10 during trading on Friday, reaching $7.15. The company’s stock had a trading volume of 3,600 shares.
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First Reliance Bancshares Inc (SuthCrln) Company Profile
First Reliance Bancshares, Inc is the bank holding company for its subsidiary, First Reliance Bank (the Bank). The principal business activity of the Bank is to provide banking services to domestic markets, principally in Florence, Lexington, and Charleston Counties in South Carolina. The Bank is a South Carolina chartered commercial bank, and its deposits are insured by the Federal Deposit Insurance Corporation (FDIC).
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