Greer Bancshares Inc (GRBS) financial statements (2021 and earlier)

Company profile

Business Address 1111 W POINSETT ST
GREER, SC 29650
State of Incorp. SC
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments610
Cash and cash equivalents610
Prepaid expense0
Prepaid expense and other current assets1
Other current assets0
Total current assets:711
Noncurrent Assets
Property, plant and equipment45
Deferred tax assets, net7 
Total noncurrent assets:115
Other undisclosed assets341345
TOTAL ASSETS:359361
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt2 
Total current liabilities:2 
Noncurrent Liabilities
Other undisclosed liabilities331338
Total liabilities:333338
Stockholders' equity
Stockholders' equity attributable to parent, including:2622
Common stock1212
Additional paid in capital44
Accumulated other comprehensive income (loss)(5)1
Retained earnings (accumulated deficit)4(5)
Other undisclosed stockholders' equity attributable to parent1010
Other undisclosed stockholders' equity 0
Total stockholders' equity:2623
TOTAL LIABILITIES AND EQUITY:359361

Income statement (P&L) ($ in millions)

12/31/2013
12/31/2012
Operating expenses(6)(5)
Other operating income, net
(Noninterest Income, Other Operating Income)
22
Operating loss:(2)(4)
Nonoperating income (expense)0(0)
Losses on sales of other real estate(0)(1)
Bank owned life insurance income00
Interest and debt expense(3)(4)
Other undisclosed income from continuing operations before equity method investments, income taxes1013
Income from continuing operations before income taxes:55
Income tax expense (benefit)4(0)
Net income attributable to parent:95
Preferred stock dividends and other adjustments(1)(1)
Net income available to common stockholders, diluted:84

Comprehensive Income ($ in millions)

12/31/2013
12/31/2012
Net income:95
Comprehensive income:95
Other undisclosed comprehensive loss, net of tax, attributable to parent(6)(1)
Comprehensive income, net of tax, attributable to parent:34

Statements sources

The financial statements are based on the company's filings with the 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.

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