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GrandSouth Bancorporation Reports Second Quarter 2021 Results
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GrandSouth Bancorporation Announces New Board of Directors Member
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GrandSouth Bancorporation Reports First Quarter 2021 Results
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GREENVILLE, S.C., April 22, 2021 /PRNewswire/ GrandSouth Bancorporation (GRRB:OTCQX), the holding company for GrandSouth Bank, (the Company ), announced today that net income for the first quarter of 2021 was $3.6 million.
The Board of Directors declared a cash dividend of $0.10 per common share ($0.105 per Series A preferred share) payable on May 21, 2021 to shareholders of record on May 7, 2021.
First Quarter 2021 Highlights
Net Income of $3.6 million.
Total assets increased to $1.1 billion, representing a $46.6 million, or 4.27%, increase since the end of 2020.
Gross loans increased $10.9 million, or 1.25%, during the quarter.
GrandSouth Bancorporation reports fourth quarter 2020 results
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GREENVILLE, S.C., Jan. 21, 2021 /PRNewswire/ GrandSouth Bancorporation (OTCQX: GRRB), the holding company for GrandSouth Bank, (the Company ), announced today that net income for the fourth quarter of 2020 was $3.2 million.
The Board of Directors declared a cash dividend of $0.10 per common share ($0.105 per Series A preferred share) payable on February 20, 2021 to shareholders of record on February 4, 2021. This dividend rate reflects a $0.02 increase per common share ($0.021 per Series A preferred share) from that of the prior five quarters.
Fourth Quarter 2020 Highlights
Net Income of $3.2 million.
Total assets increased to $1.1 billion, representing a $178.1 million, or 19.54%, increase since the end of 2019.