| Business Summary | | Greenville
First
Bancshares
Inc.
is
the
bank
holding
company
for
Greenville
First
Bank
(the
Bank).
Through
the
Bank,
the
Company
conducts
a
general
banking
business
within
its
primary
service
area:
Greenville
County,
South
Carolina.
The
Company
emphasizes
a
range
of
lending
services,
including
real
estate,
commercial,
and
equity-line
consumer
loans
to
individuals,
and
small
to
mid-sized
businesses
and
professional
firms
that
are
located
in
or
conduct
a
substantial
portion
of
their
business
in
the
bank's
market
area.
The
Company
offers
a
full
range
of
deposit
services
that
are
typically
available
in
most
banks
and
savings
and
loan
associations,
including
checking
accounts,
commercial
accounts,
savings
accounts
and
other
time
deposits
of
various
types,
ranging
from
daily
money
market
accounts
to
longer-term
certificates
of
deposit.
As
of
June
30,
2000,
total
deposits
in
the
bank's
primary
service
area
were
almost
$5.7
billion,
which
represented
a
6.5%
deposit
growth
rate
from
1999. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Greenville
First
Bancshares
Inc.,
is
a
bank
holding
company,
organized
to
own
all
of
the
issued
and
outstanding
stock
for
Greenville
First
Bank.
For
the
six
months
ended
6/30/01,
total
interest
income
totaled
$2.9
million,
up
from
$978
thousand.
Net
interest
income
after
loan
loss
prov.
totaled
$1
million,
up
from
$299
thousand.
Net
loss
fell
69%
to
$138
thousand.
Results
reflect
increased
average
loans
and
investments
and
higher
net
interest
margin,
partially
offset
by
increased
salaries. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Orders, lll, 44 Chairman | -- | R. Arthur Seaver, Jr., 37 Pres,
CEO, Director of the Company and Bank | $164K | James Austin, lll, 44 Sr.
VP, CFO, Director of the Company and Bank | 120K | Fred Gilmer, 65 Sr.
VP, Director of the Company and Bank | 115K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|