First Reliance Bancshares (First Reliance Bancshares) Interest Expense : $-1.30 Mil (TTM As of Dec. 2016)

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What is First Reliance Bancshares Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Reliance Bancshares's interest expense for the six months ended in Dec. 2016 was $ -1.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2016 was $-1.30 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. First Reliance Bancshares's Operating Income for the six months ended in Dec. 2016 was $ Mil. First Reliance Bancshares's Interest Expense for the six months ended in Dec. 2016 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

First Reliance Bancshares Interest Expense Historical Data

The historical data trend for First Reliance Bancshares's Interest Expense 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.

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First Reliance Bancshares Interest Expense Chart

First Reliance Bancshares Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Interest Expense

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-4.48

-2.45

-1.16

-0.84

-1.30

First Reliance Bancshares Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16
Interest Expense	Get a 7-Day Free Trial										-4.48	-2.45	-1.16	-0.84	-1.30

First Reliance Bancshares Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2016 was $-1.30 Mil.

First Reliance Bancshares (First Reliance Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Reliance Bancshares Inc (OTCPK:FSRL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

2170 West Palmetto Street, Florence, SC, USA, 29501

Website

https://www.firstreliance.com

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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