GRBS Financials Tuesday, July 15, 2014 06:41:46 AM
Post# of 6
Greer Bancshares, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 15,746 19,879 21,097 25,116
Cost of Revenue 1,080 1,824 3,454 4,790
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 9,481 10,791 13,324 12,797
Non-Recurring Items - - - -
Other (1,700) - 3,719 6,675
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items - - - -
Earnings Before Interest and Tax 6,885 7,264 600 854
Interest Expense 1,725 2,139 2,742 3,832
Earnings Before Tax 5,160 5,125 (2,142) (2,978)
Income Tax (3,801) 216 - 4,318
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 8,961 4,909 (2,142) (7,296)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 8,961 4,909 (2,142) (7,296)
Preferred Stock and Other Adjustments (752) (723) (652) (642)
Net Income Applicable to Common Shareholders 8,209 4,186 (2,794) (7,938)