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October 05, 2015 7:47 PM ET


Company Overview of RelianceBank

Company Overview

Reliance Bank was founded in 1999 and is based in Frontenac, Missouri. Reliance Bank operates as a subsidiary of Reliance Bancshares, Inc.

10401 Clayton Road

Frontenac, MO 63131

United States

Founded in 1999





Key Executives for RelianceBank

Chairman of The Board, Chief Executive Officer, President of Reliance Bancshares, Inc and Chief Executive Officer of Reliance Bancshares, Inc
Age: 54
Interim Chief Financial Officer and Interim Chief Financial Officer of Reliance Bancshares, Inc
Age: 44
Senior Vice President and Senior Operations Officer
Vice President and Legal Counsel
Executive Vice President and Senior Lending Officer
Age: 48
Compensation as of Fiscal Year 2015.

RelianceBank Key Developments

Reliance Bank Announces Earnings Results for the First Half of Second Quarter and for the First Six Months of 2015

Reliance Bank announced earnings results for the first half of second quarter and for the first six months of 2015. Pre-tax profit rose 26% for the quarter, to $2.6 million. Net income, or profit after taxes, totaled $2 million. Pre-tax profit rose 30% for the first six months, to $5 million. Net income, or profit after taxes, totaled $3.8 million compared with a whopping $39.8 million in the first six months of 2014. The gain was for losses incurred from 2009 through 2011 and booked in the second quarter of 2014.

RelianceBank Opens Branch in Frontenac

RelianceBank has announced that it has opened a branch in Frontenac. The new branch will open in July and will include one of the first Tim Hortons Cafe & Bake Shop locations in St Louis, as the bank looks to combine banking services with cafe services at the branch.

Reliance Bank Names Norm Toon as Senior Vice President of Commercial Banking Group

Reliance Bank announced that it has named Norm Toon as senior vice president of commercial banking group.

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