Is it too late for my cell phone?

ok so me and my friend were taking pics in the pool and how i set it up was to lean it against a pepsi can well i didnt lean it right and plop in the pool it goes i freaked out and retrieved it in like 2-3 seconds and my phone has a really good case on it the Otter Box Defender so im pretty sure the screen isnt damaged but the indecator on my batter is pink (which yes i know it means it has water damage) and this happened around like 6:00 pm and my friend suggested the bowl of rice thing well there wasnt enough rice but we stil tryed but we didnt keep it in there for long a couple minutes later we tried charging it and a orange light came at the top but the screen and everything else wasnt coming on and then my phone started vibrating like crazy and wouldnt stop so i took the battery out and put the phone and the battery in some tissue paper untill we got home and when we got home i charged it the whole night and when i got up in the morning it still wasnt working then i looked up and article and it said the best thing to do is to put it in a bowl of rice so i found this around 11:00 -12:00 am is it too late to put it in a bowl of rice (i put it in anyway but i wanna know will it still work?) and if im too late would buying a new battery for it help?