RELIANCE BANK in Athens, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches


RELIANCE BANK - Overview

  • General
  • FDIC Certificate #: 34866
    Status: Active
    Federal Reserve ID: 2753588
    Bank Holding Company (Regulatory Top Holder): Rb Bancorporation (RSSDID: 3207891, Location: Athens, AL)
    Date Established: December 14, 1998
    WWW: http://www.reliancebanking.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 61928
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 14, 1998
    Last Structure Change Effective Date: Febuary 24, 2011
    Last Structure Change Process Date: Febuary 24, 2011
    Last Data Update: Febuary 24, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 112 North Jefferson Street, Athens, AL 35611
    County: Limestone
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Shelby
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Huntsville, AL (#3440)
    Combined Statistical Area (CSA): Huntsville-Decatur, AL (#290)
    Core Based Statistical Area (CBSA): Huntsville, AL (#26620)
    CBSA Metro Statistical Area: Huntsville, AL (#26620)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $144.7 mil
    Equity capital: $17.3 mil
    Deposits held in domestic offices: $110.8 mil
    Return on assets (ROA): 0.33% ($0.5 mil)
    Quarterly return on assets: 0.39% ($0.6 mil)
    Return on Equity (ROE): 2.97% ($0.5 mil)
    Quarterly return on equity: 3.36% ($0.6 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.47% ($679.9 mil)
    Quarterly Pretax return on assets: 0.55% ($795.6 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 31Total employees (full-time equivalent)
  • $144,659Total assets
  • $11,825Cash and due from depository institutions
  • $6,858Interest-bearing balances
  • $41,194Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $77,748Net loans & leases
  • $2,272Loan loss allowance
  • $0Trading account assets
  • $4,570Bank premises and fixed assets
  • $2,400Other real estate owned
  • $0Goodwill and other intangibles
  • $144,659Life insurance assets
  • $6,922All other assets
  • $127,320Total liabilities and capital
  • $110,830Total liabilities
  • $86,872Total deposits
  • $110,830Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,022Trading liabilities
  • $0Other borrowed funds
  • $468Subordinated debt
  • $17,339All other liabilities
  • $17,339Total equity capital
  • $17,339Total bank equity capital
  • $0Perpetual preferred stock
  • $5Common stock
  • $18,066Surplus
  • $-732Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $786Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $291Income earned, not collected on loans
  • $0Earning assets
  • $588Long-term assets (5+ years)
  • $125,800Average Assets, year-to-date
  • $53,145Average Assets, quarterly
  • $149,626Volatile liabilities
  • $148,309Insider loans
  • $88,318FHLB advances
  • $149,757Loans and leases held for sale
  • $2,137Unused loan commitments
  • $2,137Tier 1 (core) risk-based capital
  • $15,880Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,017Restructured Loans and leases
  • $3,519Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,033Total interest income
  • $2,106Total interest expense
  • $3,927Net interest income
  • $35Provision for loan and lease losses
  • $1,100Total noninterest income
  • $0Fiduciary activities
  • $376Service charges on deposit accounts
  • $0Trading account gains & fees
  • $724Additional noninterest income
  • $4,387Total noninterest expense
  • $2,124Salaries and employee benefits
  • $627Premises and equipment expense
  • $1,636Additional noninterest expense
  • $605Pre-tax net operating income
  • $96Securities gains (losses)
  • $201Applicable income taxes
  • $500Income before extraordinary items
  • $0Extraordinary gains - net
  • $500Net income attributable to bank
  • $0Net charge-offs
  • $500Cash dividends
  • $687Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.62%Yield on earning assets
  • 1.61%Cost of funding earning assets
  • 3.01%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 3.36%Noninterest expense to earning assets
  • 0.29%Net operating income to assets
  • 0.33%Return on assets (ROA)
  • 0.47%Pretax return on assets
  • 2.97%Return on equity (ROE)
  • 2.97%Retained earnings to average equity (YTD only)
  • 0.84%Net charge-offs to loans
  • 5.09%Credit loss provision to net charge-offs
  • 0.93%Efficiency ratio
  • 87,269Assets per employee
  • 4.67%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.84%Loss allowance to noncurrent loans
  • 780.76%Noncurrent assets plus other real estate owned to assets
  • 1.86%Noncurrent loans to loans
  • 0.36%Net loans and leases to deposits
  • 70.15%Net loans and leases to core deposits
  • 82.93%Equity capital to assets
  • 11.99%Core capital (leverage) ratio
  • 10.60%Tier 1 risk-based capital ratio
  • 17.98%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $149,626Average earning assets
  • $16,808Average equity
  • $130,591Average loans

List of branches

  • 5 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    061928Reliance Bank112 North Jefferson Street, Athens, AL 35611December 14, 1998Full Service Brick and Mortar
    1290837Drive-Up Branch111 Market Street East, Athens, AL 35611December 14, 1998Limited Service Facility
    2441440Hwy 72 E Branch22236 Us Hwy 72, Athens, AL 35613May 23, 2005Full Service Brick and Mortar
    4476061Madison Branch12050 County Line Road, Madison, AL 35756May 05, 2008Full Service Brick and Mortar
    5485223Ardmore Branch26772 Main Street, Ardmore, AL 35739November 17, 2008Full Service Brick and Mortar

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