Reliance Bancshares (RLBS) 1.6500 $RLBS /C O R R E C T I

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Reliance Bancshares (RLBS) 1.6500 $RLBS

/C O R R E C T I O N -- First Reliance Bancshares, Inc./
PR Newswire - Fri Jun 03, 9:01AM CDT
In the news release, First Reliance Makes Partial Redemption of TARP Preferred And Notices Intent to Redeem All Remaining Shares Outstanding, issued Jun 3, 2016 by First Reliance Bancshares, Inc. over PR Newswire, we are advised by the company that the fourth paragraph, second sentence, should read "is expected to positively impact earnings per share on an annual basis by $0.21 per share, or approximately $977,000 additional net income to common stockholders" rather than "$0.16 per share, or approximately $733,000" as originally issued inadvertently. The complete, corrected release follows:

Reliance Bank Breaks Ground in Personalized Service with Revolutionary NCR Video Teller Technology
BusinessWire - Wed Feb 18, 7:00AM CST
Reliance Bank, a subsidiary of Reliance Bancshares, Inc. (OTCPK: RLBS), has recently introduced a new approach to personalized service with the latest technology from NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies. Reliance is the first bank to implement NCR Interactive Teller in the St. Louis area. Built on sleek, modern hardware with an interactive touchscreen, this new software allows a live teller to take remote control of an ATM to assist customers with up to 95 percent of transactions typically completed by tellers inside a branch.
NCR: 29.64 (-0.16)

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