Note: Revenues for privately held companies are statistical evaluations.
First Reliance Bank's annual revenues are $100-$500 million (see exact revenue data) and has 100-500 employees. It is classified as operating in the Depository Credit Intermediation industry.
Note: First Reliance Bank's revenues are gauged from an analysis of company filings.
First Reliance Bank's Income Statement (based on Industry Averages)
$ Millions (Industry Average)
First Reliance Bank Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
Trademark Applications
Trademark applications show the products and services that First Reliance Bank is developing and marketing.
First Reliance Bank doesn't have any recent trademark applications, indicating First Reliance Bank is focusing on
its existing business rather than expanding into new products and markets.
Trademarks may include brand names, product names, logos and slogans.
Trademark
Date
FIRST RELIANCE WEALTH STRATEGIES Investment and insurance banking services
03/17/2016
FIRST RELIANCE DEALER SERVICES Financing relating to automobiles
09/14/2015
FIRST RELIANCE MORTGAGE Mortgage banking services, namely, origination, acquisition, servicing, securitization and brokerage of mortgage loans
09/14/2015
See all trademarks and details in the Full Report.
Recession Risk
Determine whether First Reliance Bank grew or shrank during the last recession. This is useful in estimating the
financial strength and credit risk of the company.
Compare how recession-proof First Reliance Bank is relative to the industry overall.
While a new recession may strike a particular industry, measuring the
industry and company's robustness during the last recession estimates its ability to weather future recessions.
Market Share of First Reliance Bank's Largest Competitors
A competitive analysis shows these companies are in the same general field as First Reliance Bank, even though they may not compete head-to-head.
These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies.
Competitive advantage comes from offering better pricing or superior products/service.
These companies are similar in business line and location to First Reliance Bank.
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
Future Competition: First Reliance Bank's Fastest Growing Competitors
These companies are in the same general field as First Reliance Bank and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.