GrandSouth Bancorporation
GRRB
Other OTC39.05
USD
-0.45
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GrandSouth Bancorporation
GRRB
(Other OTC)
Recent
price
39.05
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- GrandSouth Bancorporation (OTCQX: GRRB) serves as the bank holding company for GrandSouth Bank, a South Carolina state-chartered commercial bank that provides a full array of banking services to individuals and small businesses; deposit products include business and personal checking accounts, savings accounts, money market accounts, term certificates of deposit, IRA accounts, and other deposit instruments; lending activities encompass commercial real estate loans, one-to-four family residential mortgages, construction and development loans, home equity loans and lines of credit, secured primarily by real estate. The bank, founded in 1998 and headquartered at 381 Halton Road in Greenville, South Carolina, operates eight branches across South Carolina communities including Greenville, Fountain Inn, Greer, Anderson, Columbia, Orangeburg, and Charleston. In January 2023, First Bancorp (NASDAQ: FBNC) completes its $181.1 million all-stock acquisition of GrandSouth Bancorporation, merging GrandSouth Bank into First Bank while initially retaining the GrandSouth Bank brand at its branches pending a systems conversion in March 2023; this transaction enhances First Bancorp's presence in the Carolinas with combined assets of approximately $12 billion and 118 branches.
GrandSouth Bancorporation (OTCMKTS:GRRB) and Republic Bancorp (NASDAQ:RBCAA) Head to Head Review
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