Reliance Bank opens first city location

By American staff St. Louis American

Reliance Bank opens first city location

Reliance Bank, a subsidiary of Reliance Bancshares, Inc., recently celebrated the grand opening of a new loan production office in the Justine Petersen building at 1021 North Grand Blvd.


Inside a Community Bank's Aggressive Turnaround

October 28, 2013

by Paul Davis - American Banker

Reliance Bancshares (RLBS) is finally ready to go on the offensive in St. Louis.

Such a push would have seemed unimaginable a year ago. The $1 billion-asset company was dealing with problem loans and regulatory orders. Capital had been depleted.


Taxpayers are made whole in sale of Reliance Bank’s TARP

September 18, 2013

Greg Edwards Reporter- St. Louis Business Journal

The government’s Troubled Asset Relief Program investment in Reliance Bank sold at a premium at auction this week, a rare event and good news for taxpayers.


Sems leaves PNC to become CEO of Reliance Bank

Rick Sems, regional president of PNC Bank, has moved to Reliance Bank as president and chief executive.


Reliance Bank In The News

Reliance Bank is proud to be featured in this week's Ladue News.


Reliance Bank: A Banner Year

Reliance Bank: A Banner Year

Thursday, December 12, 2013

Brittany Nay – Ladue News

Reliance Bank is defying the sluggish economy.Following a two-year turnaround and a $31-million capital campaign led by chairman Tom Brouster, the personal and business banking institution has expanded its leadership team and set its sights on the 2014 opening of two new branches—in Frontenac and The Grove.


The Brouster-Sems connection lives on

September 27, 2013

Greg Edwards Reporter- St. Louis Business Journal

Rick Sems started his banking career just 13 years ago as a trainee with National City, and apparently he was a quick study. After a stint in Peoria and two in Cleveland, he was named market president in St. Louis, a few months before the bank was sold to PNC in 2008.


Fewer discouraging words from St. Louis bankers

August 19, 2013

 Reporter- St. Louis Business Journal

Last week’s Federal Reserve Bank of St. Louis report on second-quarter results at 85 local banks was concrete evidence of continuing improvement in the banking industry, but I’m also hearing a lot more optimism in the words of bankers I talk with.


Reliance Bank Announces Earnings for Six-Month Period Ending June 30, 2013

August 1,2013 – Thomas H. Brouster, Sr., Chairman of the Board of Reliance Bank, the wholly owned subsidiary of Reliance Bancshares, Inc.(OTCPK: RLBS), announced today earnings for Reliance Bank of $2.7 million for the six-month period ending June 30, 2013.


Reliance Bank In The News - Town and Style

Reliance Bank is proud to be featured in the May 1st  edition of Town and Style, pages 9 and 10.


Brouster leads $31 million recapitalization of Reliance Bancshares

 Reliance Bancshares, Inc. (OTCPK: RLBS) the holding company of Reliance Bank today announced that Chairman Thomas H. Brouster, Sr. has successfully led the recapitalization of both Reliance Bancshares and Reliance Bank, raising $31 million dollars, representing one of the most significant bank recapitalizations in the State of Missouri during the current economic cycle.