Greer Bancshares Inc (GRBS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1111 W POINSETT ST GREER, SC 29650 |
| State of Incorp. | SC |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6021 - National Commercial Banks (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 9/30/2014 MRQ | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 5,929,000 | 10,251,000 | |||
| Cash and cash equivalents | 5,929,000 | 10,251,000 | |||
| Prepaid expense | 245,000 | ✕ | |||
| Other current assets | 470,000 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | 781,000 | ||
| Total current assets: | 6,644,000 | 11,032,000 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 4,444,000 | 4,663,000 | |||
| Deferred tax assets, net | 6,628,000 | ||||
| Total noncurrent assets: | 11,072,000 | 4,663,000 | |||
| Other undisclosed assets | 341,179,000 | 345,014,000 | |||
| TOTAL ASSETS: | 358,895,000 | 360,709,000 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Debt | 2,000,000 | ||||
| Total current liabilities: | 2,000,000 | ||||
| Noncurrent Liabilities | |||||
| Other undisclosed liabilities | 330,562,000 | 337,769,000 | |||
| Total liabilities: | 332,562,000 | 337,769,000 | |||
| Equity | |||||
| Equity, attributable to parent, including: | 26,333,000 | 22,490,000 | |||
| Common stock | 12,433,000 | 12,433,000 | |||
| Additional paid in capital | 3,779,000 | 3,768,000 | |||
| Accumulated other comprehensive income (loss) | (4,530,000) | 1,049,000 | |||
| Retained earnings (accumulated deficit) | 4,169,000 | (4,662,000) | |||
| Other undisclosed equity, attributable to parent | 10,482,000 | 9,902,000 | |||
| Other undisclosed equity | 450,000 | ||||
| Total equity: | 26,333,000 | 22,940,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 358,895,000 | 360,709,000 | |||
Income Statement (P&L) (USD)
| 9/30/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Operating expenses | (5,578,000) | (5,491,000) | ||
| Other operating income, net (Noninterest Income, Other Operating Income) | 1,973,000 | 1,931,000 | ||
| Operating loss: | (1,905,000) | (3,560,000) | ||
| Nonoperating income (expense) | 143,000 | (199,000) | ||
| Losses on sales of other real estate | (161,000) | (516,000) | ||
| Bank owned life insurance income | 304,000 | 317,000 | ||
| Interest and debt expense | (2,805,000) | (4,030,000) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 9,727,000 | 12,914,000 | ||
| Income from continuing operations before income taxes: | 5,160,000 | 5,125,000 | ||
| Income tax expense (benefit) | 3,801,000 | (216,000) | ||
| Income from continuing operations: | 8,961,000 | 4,909,000 | ||
| Income before gain (loss) on sale of properties: | 8,961,000 | 4,909,000 | ||
| Net income attributable to parent: | 8,961,000 | 4,909,000 | ||
| Preferred stock dividends and other adjustments | (752,000) | (723,000) | ||
| Net income available to common stockholders, diluted: | 8,209,000 | 4,186,000 | ||
Comprehensive Income (USD)
| 9/30/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Net income: | 8,961,000 | 4,909,000 | ||
| Comprehensive income: | 8,961,000 | 4,909,000 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (5,579,000) | (655,000) | ||
| Comprehensive income, net of tax, attributable to parent: | 3,382,000 | 4,254,000 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.