GSON Financials 07/15/2014 23:31:44 Grayson Banks
Post# of 3
Grayson Bankshares Inc. (Virginia)
Period Ending Dec 31, 2011 Dec 31, 2010
Total Revenue 18,205 21,321
Cost of Revenue 3,766 5,450
Gross Profit - -
Operating Expenses
Research and Development - -
Sales, General and Admin. 11,413 10,871
Non-Recurring Items - -
Other 4,785 2,510
Operating Income - -
Income From Continuing Operations
Add'l Income/Expense Items - -
Earnings Before Interest and Tax (1,759) 2,490
Interest Expense 1,101 1,058
Earnings Before Tax (2,860) 1,432
Income Tax (1,214) 267
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations (1,646) 1,166
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income (1,646) 1,166
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders (1,646) 1,166