Reliance Bank, FSB in Fort Myers, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Reliance Bank, FSB in Fort Myers, Florida (FL)
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Reliance Bank, FSB - Overview

  • General
  • FDIC Certificate #: 58129
    Status: Active
    Federal Reserve ID: 3362950
    Bank Holding Company (Regulatory Top Holder): Reliance Bancshares, Inc. (RSSDID: 2787118, Location: Des Peres, MO)
    Date Established: January 17, 2006
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 18003
    FDIC's unique #: 440177
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 17, 2006
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 14241 Metro Parkway, Fort Myers, FL 33912
    County: Lee
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: South Florida
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Fort Myers-Cape Coral, FL (#2700)
    Core Based Statistical Area (CBSA): Cape Coral-Fort Myers, FL (#15980)
    CBSA Metro Statistical Area: Cape Coral-Fort Myers, FL (#15980)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $68.8 mil
    Equity capital: $3.4 mil
    Deposits held in domestic offices: $62.9 mil
    Return on assets (ROA): -3.62% (-$2.5 mil)
    Quarterly return on assets: -13.31% (-$9.2 mil)
    Return on Equity (ROE): -54.54% (-$1.6 mil)
    Quarterly return on equity: -207.86% (-$6.2 mil)
    Net income: -$2.9 mil
    Quarterly Net income: -$2.4 mil
    Pretax return on assets: -1.12% (-$771.1 mil)
    Quarterly Pretax return on assets: -2.40% (-$1,652.4 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
  • 12Total employees (full-time equivalent)
  • $68,849Total assets
  • $1,257Cash and due from depository institutions
  • $130Interest-bearing balances
  • $30,311Securities
  • $868Federal funds sold & reverse repurchase agreements
  • $28,170Net loans & leases
  • $3,369Loan loss allowance
  • $0Trading account assets
  • $5,197Bank premises and fixed assets
  • $2,323Other real estate owned
  • $0Goodwill and other intangibles
  • $68,848Life insurance assets
  • $723All other assets
  • $65,423Total liabilities and capital
  • $62,943Total liabilities
  • $61,235Total deposits
  • $62,943Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $480Subordinated debt
  • $3,425All other liabilities
  • $3,425Total equity capital
  • $3,425Total bank equity capital
  • $0Perpetual preferred stock
  • $160Common stock
  • $31,513Surplus
  • $-28,248Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,072Income earned, not collected on loans
  • $0Earning assets
  • $201Long-term assets (5+ years)
  • $59,479Average Assets, year-to-date
  • $26,552Average Assets, quarterly
  • $79,166Volatile liabilities
  • $72,742Insider loans
  • $36,284FHLB advances
  • $72,190Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,963Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,341Restructured Loans and leases
  • $768Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,130Total interest income
  • $834Total interest expense
  • $2,296Net interest income
  • $196Provision for loan and lease losses
  • -$566Total noninterest income
  • $0Fiduciary activities
  • $37Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$603Additional noninterest income
  • $2,414Total noninterest expense
  • $1,043Salaries and employee benefits
  • $395Premises and equipment expense
  • $976Additional noninterest expense
  • -$880Pre-tax net operating income
  • -$3Securities gains (losses)
  • $1,984Applicable income taxes
  • -$2,867Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,867Net income attributable to bank
  • $0Net charge-offs
  • -$2,867Cash dividends
  • $1,466Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.65%Yield on earning assets
  • 1.24%Cost of funding earning assets
  • 3.41%Net interest margin
  • -0.84%Noninterest income to earning assets
  • 3.59%Noninterest expense to earning assets
  • -3.62%Net operating income to assets
  • -3.62%Return on assets (ROA)
  • -1.12%Pretax return on assets
  • -54.54%Return on equity (ROE)
  • -54.54%Retained earnings to average equity (YTD only)
  • 3.60%Net charge-offs to loans
  • 13.37%Credit loss provision to net charge-offs
  • -0.47%Efficiency ratio
  • 139,538Assets per employee
  • 5.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 10.68%Loss allowance to noncurrent loans
  • 82.74%Noncurrent assets plus other real estate owned to assets
  • 9.29%Noncurrent loans to loans
  • 12.91%Net loans and leases to deposits
  • 44.75%Net loans and leases to core deposits
  • 47.21%Equity capital to assets
  • 4.97%Core capital (leverage) ratio
  • 4.10%Tier 1 risk-based capital ratio
  • 8.17%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $79,166Average earning assets
  • $5,257Average equity
  • $67,293Average loans

List of branches

  • 2 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0440177Reliance Bank, Fsb14241 Metro Parkway, Fort Myers, FL 33912January 17, 2006Full Service Brick and Mortar
    44953612499 Lee Blvd2499 Lee Blvd, Lehigh Acres, FL 33936June 30, 2009Full Service Brick and Mortar

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