My Iphone 5 fell in water two days ago

So basically my iphone 5 fell into water two days ago but I fished it out in about 4 seconds. I was being really stupid and did not switch it off, and instead used it like usual. Once the power died, my phone didn't turn back on obviously. I wanted to take it to the apple store but decided to put in rice first. I put in about 24 hours after the incident, and its been about 24 hours since then. I tried turning it on, and the lighting charge symbol comes up, but when I plug it into the charger it does not work. My computer does not recognize the device either. Help please? I have a warranty, but I'm pretty sure water damage is not covered. My biggest fear is that all my pictures will be deleted, as I have not synced my phone in atleast six months (stupid, I know). If it makes the situation any worse, those pictures include two vacations and a picture with my recently passed grandmother, friends and my crush D: Any help will be appreciated. My phone is still in that bag of rice. How long until it's definite that it's not coming back?
P.S. I shined a flashlight on the side of my phone (sim card slot area) and there's no pink/red light indicating water damage. So that's a good sign I guess?

I always was told to put it in rice if it falls in water… But not sure about an iphone

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