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First Reliance Bancshares (First Reliance Bancshares) Equity-to-Asset : 0.07 (As of Dec. 2016)


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What is First Reliance Bancshares Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First Reliance Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2016 was $26.67 Mil. First Reliance Bancshares's Total Assets for the quarter that ended in Dec. 2016 was $408.12 Mil. Therefore, First Reliance Bancshares's Equity to Asset Ratio for the quarter that ended in Dec. 2016 was 0.07.

The historical rank and industry rank for First Reliance Bancshares's Equity-to-Asset or its related term are showing as below:

FSRL's Equity-to-Asset is not ranked *
in the Banks industry.
Industry Median: 0.09
* Ranked among companies with meaningful Equity-to-Asset only.

First Reliance Bancshares Equity-to-Asset Historical Data

The historical data trend for First Reliance Bancshares's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Reliance Bancshares Equity-to-Asset Chart

First Reliance Bancshares Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.09 0.10 0.11 0.07

First Reliance Bancshares Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.09 0.10 0.11 0.07

Competitive Comparison of First Reliance Bancshares's Equity-to-Asset

For the Banks - Regional subindustry, First Reliance Bancshares's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Reliance Bancshares's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Reliance Bancshares's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where First Reliance Bancshares's Equity-to-Asset falls into.



First Reliance Bancshares Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

First Reliance Bancshares's Equity to Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Equity to Asset (A: Dec. 2016 )=Total Stockholders Equity/Total Assets
=26.668/408.121
=0.07

First Reliance Bancshares's Equity to Asset Ratio for the quarter that ended in Dec. 2016 is calculated as

Equity to Asset (Q: Dec. 2016 )=Total Stockholders Equity/Total Assets
=26.668/408.121
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Reliance Bancshares  (OTCPK:FSRL) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


First Reliance Bancshares Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of First Reliance Bancshares's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


First Reliance Bancshares (First Reliance Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
2170 West Palmetto Street, Florence, SC, USA, 29501
First Reliance Bancshares Inc operates as the holding company for First Reliance Bank. The company is engaged in the provision of a broad range of banking services, concentrating on individuals and small to medium-sized businesses desiring a high level of personalized services. The bank offers various services, such as personal banking, business banking, treasury services, online/mobile banking, wealth strategies, etc. The bank mainly operates throughout North Carolina and South Carolina.

First Reliance Bancshares (First Reliance Bancshares) Headlines

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