GrandSouth Bank

South Carolina – Greenville – Greenville

(NM) Commercial bank, state charter and Fed nonmember

active

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(NM) Commercial bank, state charter and Fed nonmember

active

34812

1998

FDIC Certificate Number: 34812
FDIC's unique number: 61660
The FDIC Field Office where an institution is physically located: Columbia Sc

Federal Reserve ID Number: 2728661
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 4
Number of Foreign Offices: 0
The date of the last data update: 2006-11-03

1998-09-08 Institution established. Original name: Grandsouth Bank.
1998-12-13 Moved bank headquarters from Simpsonville, South Carolina to Fountain Inn, South Carolina.
2000-01-21 Changed institution class to Insured Commercial Banks, State, Not Members Of The Frs.
2003-10-18 Moved bank headquarters from Fountain Inn, South Carolina to Greenville, South Carolina.

Total assets: $377,350,000
Total deposits: $307,019,000
Deposits held in domestic offices: $307,019,000
Equity capital: $44,908,000

Net income: $1,137,000

Return on Assets: 0.62
Return on Equity: 5.15
Last updated on: 2011-10-20

Bank Holding Company: Grandsouth Bancorporation

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Profile ID: LFUS-BAB-P-6227

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