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First Reliance Bancshares Q3 net income rises year over year to $2.74 million

PUBT·10/28/2026 20:38:43
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First Reliance Bancshares Q3 net income rises year over year to $2.74 million
  • First Reliance Bancshares’ third-quarter 2026 net income rose year over year to $2.74 million.
  • Revenue fell year over year to $12.15 million, while noninterest expense increased 6% to $9.03 million.
  • Nonperforming assets climbed from the previous quarter to $6.56 million, primarily due to a $5.5 million loan moving to nonaccrual.
  • The merger with Colony Bank is scheduled to close November 1, 2026, following regulatory and shareholder approvals.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Reliance Bancshares Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610281615PR_NEWS_USPR_____CL83250) on October 28, 2026, and is solely responsible for the information contained therein.