First Reliance Bancshares, Inc.

FSRL

FSRLFirst Reliance Bancshares, Inc. US flag

Other OTC

14.57

USD

-0.03

- -

115.00MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	22	21	17	18	19	22	23	29	31	47	39	39	36	40	47
+ Sales & Services Revenue	22	21	17	18	19	22	23	29	31	47	39	39	36	40	47
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	6	-1	-18	-18	-19	-24	-24	-30	-32	-31	-30	-32	-35
- Operating Expenses	- -	- -	- -	- -	16	18	19	24	24	30	32	31	30	32	35
+ Selling, General & Admin	9	10	10	9	1	1	1	1	2	2	1	1	1	1	1
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-9	-10	-10	-9	15	17	19	23	23	28	31	29	29	30	34
Operating Income (Loss)	- -	- -	-6	1	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	4	- -	- -	- -	- -	-5	-3	-3	-5	-14	-6	-8	-6	-8	-14
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	4	- -	- -	- -	- -	-5	-3	-3	-5	-14	-6	-8	-6	-8	-14
Pretax Income	-4	- -	-6	1	2	5	3	3	5	14	6	8	6	8	14
- Income Tax Expense (Benefit)	5	- -	1	-3	-6	2	4	1	1	3	1	2	1	2	3
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-9	- -	-8	4	9	4	-1	2	4	11	5	6	5	6	11
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-9	- -	-8	4	9	4	-1	2	4	11	5	6	5	6	11
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-9	- -	-8	4	9	4	-1	2	4	11	5	6	5	6	11
- Preferred Dividends	1	1	1	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-10	-1	-9	3	7	3	-1	2	4	11	5	6	5	6	11
EBIT	- -	- -	-6	1	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	1	1	-5	2	3	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	4.54	5.89	-32.43	12.61	17.74	4.04	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITA	- -	- -	-6	1	2	- -	-1	-1	-1	-1	-1	-1	-1	-1	-1
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	1.35	-38.04	7.29	12.91	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	-43.59	1.32	-46.43	24.22	45.75	15.65	-3.03	8.41	13.33	22.46	13.59	15.21	12.61	14.66	23.19
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.18	- -	- -	- -	1.09	0.21	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Basic Weighted Avg Shares	4	4	4	5	4	4	5	8	8	8	8	8	8	- -	8
Basic EPS, GAAP	-2.53	-0.18	-2.03	0.69	1.64	0.58	-0.13	0.31	0.52	1.34	0.68	0.76	0.59	- -	1.39
Basic EPS from Cont Ops	-2.29	0.07	-1.8	0.96	1.96	0.79	-0.13	0.31	0.52	1.34	0.68	0.76	0.59	- -	1.39
Diluted Weighted Avg Shares	4	4	4	5	5	5	5	8	8	8	8	8	8	- -	8
Diluted EPS, GAAP	-2.53	-0.18	-2.03	0.68	1.6	0.57	-0.13	0.31	0.51	1.32	0.65	0.73	0.56	- -	1.31
Diluted EPS from Cont Ops	-2.29	0.07	-1.8	0.94	1.92	0.77	-0.13	0.31	0.51	1.32	0.65	0.73	0.56	- -	1.31

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	44	38	18	23	31	45	25	35	41	99	150	34	22	47	32
+ Cash & Cash Equivalents	44	38	18	23	20	27	25	35	41	99	150	34	22	47	32
+ ST Investments	- -	- -	- -	- -	11	18	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	2	1	1	1	1	1	1	1	1	2	2	3	3	4	4
+ Accounts Receivable, Net	2	1	1	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	1	1	1	2	2	3	3	4	4
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-46	-39	-19	-24	-32	-46	-26	-36	-42	-100	-152	-37	-25	-51	-36
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	25	25	24	23	23	19	18	20	26	24	29	29	28	26	28
+ Property, Plant & Equip	32	32	32	32	32	29	30	34	41	39	45	46	46	45	48
- Accumulated Depreciation	6	7	8	9	10	10	11	14	15	15	16	17	18	19	20
+ LT Investments & Receivables	87	61	51	46	38	39	45	49	49	34	83	164	138	137	128
+ LT Investments	87	61	51	46	38	39	45	49	49	34	83	164	138	137	128
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-112	-86	-75	-69	-60	-58	-64	-69	-75	-58	-112	-193	-166	-163	-156
+ Total Intangible Assets	- -	- -	- -	- -	1	4	6	10	12	13	15	11	12	14	15
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	1	1	1
+ Other Intangible Assets	- -	- -	- -	- -	1	4	6	10	12	12	14	11	12	13	15
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-112	-86	-75	-69	-61	-62	-70	-80	-87	-71	-127	-204	-178	-177	-171
Total Assets	495	418	355	368	375	408	459	585	662	710	911	937	974	1,067	1,093
+ Payables & Accruals	- -	- -	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts Payable	- -	- -	1	1	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-1	-1
+ ST Debt	- -	- -	- -	- -	- -	7	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	7	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	- -	-1	-1	- -	-7	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	-1	-1	- -	-7	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	23	21	33	35	20	30	37	35	64	36	42	62	36	31	44
+ LT Borrowings	23	21	33	35	20	30	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-23	-21	-33	-35	-20	-30	-37	-35	-64	-36	-42	-62	-36	-31	-44
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-23	-21	-33	-35	-20	-30	-37	-35	-64	-36	-42	-62	-36	-31	-44
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	454	377	323	331	335	381	408	533	605	641	840	874	903	989	1,000
+ Preferred Equity and Hybrid Capital	18	18	16	16	16	- -	3	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	28	28	31	31	26	25	47	51	51	52	54	54	56	56	57
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	28	28	31	31	26	25	47	51	51	52	54	54	55	56	57
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	1	1	2	4	5	5	6	8
+ Retained Earnings	-6	-6	-14	-10	-1	2	2	4	8	19	24	30	34	40	51
+ Other Equity	2	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	41	41	32	36	40	27	50	52	57	69	71	63	71	78	93
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	41	41	32	36	40	27	50	52	57	69	71	63	71	78	93
Total Liabilities & Equity	495	418	355	368	375	408	459	585	662	710	911	937	974	1,067	1,093
Shares Outstanding	4	4	5	5	5	5	8	8	8	8	8	8	8	8	8
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	-21	-17	15	12	- -	10	-25	-35	-41	-99	-150	-34	-22	-47	-32
Net Debt to Equity	-50.61	-40.91	46.62	33.99	0.37	36.72	-49.31	-66.74	-71.11	-143.97	-212.4	-53.8	-30.74	-60.74	-34.53
Tangible Common Equity Ratio	4.67	5.5	4.55	5.55	6.22	5.56	9.03	7.27	6.91	7.98	6.23	5.62	6.13	6.04	7.21
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	-9	- -	-8	4	9	4	-1	2	4	11	5	6	5	6	11
+ Depreciation & Amortization	1	1	1	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Non-Cash Items	10	-1	11	-2	-12	4	2	-3	-12	30	33	23	4	-12	8
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1
+ Deferred Income Taxes	5	- -	1	-3	-7	2	4	1	1	3	- -	- -	- -	- -	- -
+ Asset Impairment Charge	1	1	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	4	-2	4	1	-6	2	-1	-4	-13	27	33	23	3	-13	7
+ Chg in Non-Cash Work Cap	1	- -	2	- -	-2	-3	-3	-2	-4	-6	1	-3	1	-2	-1
+ (Inc) Dec in Accts Receiv	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-1	-1	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	1	-1	1	- -	-2	-3	-3	-2	-4	-6	2	-2	2	-2	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	3	1	6	4	-5	6	-1	-3	-12	34	40	25	10	-9	18
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	4	- -	- -	- -	2	- -	- -	- -	- -	1
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	4	- -	- -	- -	2	- -	- -	- -	- -	1
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	-1	- -	- -	- -	- -	-1	-1	-1	-5	-1	-1	-1	-5
+ Acq of Fixed Prod Assets	- -	- -	-1	- -	- -	- -	- -	-1	-1	-1	-5	-1	-1	-1	-5
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	21	- -	- -	- -	-2	- -	-1	-1	-2
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	22	1	- -	1	2	1	- -	- -	1
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	-1	-1	-1	-1	-4	- -	-1	-1	-2
+ Net Change in LT Investment	6	27	8	5	8	-2	-6	7	2	15	-51	-100	-6	-3	-14
+ Dec in LT Investment	50	40	16	13	13	12	5	19	11	16	17	14	50	44	38
+ Inc in LT Investment	-45	-13	-7	-8	-5	-14	-11	-12	-9	-1	-68	-114	-55	-48	-52
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	2	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	2	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	38	43	21	-11	-5	-29	-45	-38	-49	-28	-128	-74	-43	-48	-26
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	44	69	29	-7	3	-27	-52	-30	-48	-12	-184	-175	-49	-52	-44
+ Dividends Paid	-1	- -	- -	- -	-5	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	-2	- -	- -	-15	10	7	-2	23	-28	5	20	-25	-5	14
+ Cash From Debt	- -	- -	- -	- -	- -	12	14	- -	23	6	10	20	- -	- -	20
+ Repayments of Debt	- -	-2	- -	- -	-15	-2	-7	-2	- -	-33	-5	- -	-25	-5	-6
+ Other Financing Activities	-28	-74	-55	8	19	20	22	46	43	63	193	13	53	93	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-29	-76	-55	8	-1	28	51	44	66	36	196	34	28	86	11
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	18	-6	-20	5	-3	7	-2	10	6	58	51	-116	-12	25	-15
EBITDA	1	1	-5	2	3	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	4.54	5.89	-32.43	12.61	17.74	4.04	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow	3	- -	5	3	-5	5	-2	-4	-13	33	34	24	9	-9	13
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	-2	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	- -	- -	5	-2	-4	-13	33	34	24	9	-9	13
Free Cash Flow to Equity	2	-2	2	2	-21	2	8	-9	10	7	39	44	-16	-14	28
Free Cash Flow per Basic Share	0.68	0.1	1.2	0.74	-1.12	1.14	-0.34	-0.56	-1.64	4.21	4.43	3.11	1.14	- -	1.68
Price/Free Cash Flow	2.65	7.23	1.19	3.86	-4.67	4.5	-37.06	-21.19	-5.71	1.75	1.86	2.67	6.9	- -	4.49
Cash Flow to Net Income	-0.31	2.59	-0.73	0.84	-0.54	1.57	2.15	-1.3	-2.94	3.25	7.49	4.27	2.07	-1.51	1.65
Capital Expenditures	- -	- -	-1	- -	- -	- -	- -	-1	-1	-1	-5	-1	-1	-1	-5