First Reliance Bancshares Reports First Quarter 2024 Results [Yahoo! Finance]
First Reliance Bancshares, Inc. (SC) (FSRL)
NASDAQ:AMEX Investor Relations:
firstreliance.com
Company Research
Source: Yahoo! Finance
Reliance" or the "Company"), today announced its financial results for the first quarter of 2024. First Quarter 2024 Highlights Net income decreased 9.7% for the first quarter of 2024 to $1.2 million , or per diluted share, compared to $1.4 million , or per diluted share, for the first quarter of 2023. Net interest income for the quarter was $7.2 million , which represents a decrease of , or 0.9%, on a linked quarter basis and a decrease of , or 0.9% compared to the same period in 2023. Net interest margin decreased during the quarter to 3.11% at March 31, 2024 , compared to 3.16% for the fourth quarter of 2023, and decreased 23 basis points compared to the same period in 2023. Total loans increased $19.6 million , or 11.1% annualized, to $725.2 million at March 31, 2024 , from $705.7 million at December 31, 2023 Total deposits increased $22.7 million , or 10.6% annualized, to $881.3 million at March 31, 2024 , from $858.6 million at December 31, 2023 Asset quality remai
Show less
Read more
Impact Snapshot
Event Time:
FSRL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FSRL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FSRL alerts
High impacting First Reliance Bancshares, Inc. (SC) news events
Weekly update
A roundup of the hottest topics