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GRANDSOUTH BANCORPORATION

company.status.inactive

CIK 1126961fmd_1QCSW44QJP7MCA0WVT90Z9N1T5Finance, Insurance and Real Estate · Savings Institutions, Not Federally CharteredTemplate: Financials

Coverage: Jan 01, 2020 to Sep 30, 2022, 11 periods

Latest annual · FY2021

Millions
Total revenues
54
Net income
16

Latest quarter · Q3 FY2022

Millions
Total revenues
15
Net income
4
Open Financials

GRANDSOUTH BANCORPORATION financials: quick answers

Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.

MetricFY2021FY2020ChangeSource
Revenue$53.7 million$44.3 million+21.3%10-K 2022-03-31 · proof
Net income$16.1 million$8.6 million+86.4%10-K 2022-03-31 · proof
Cash from operating activities$22.6 million$12.7 million+77.6%10-K 2022-03-31 · proof
Total assets$1.2 billion$1.1 billion+10.5%10-K 2022-03-31 · proof
Total liabilities$1.1 billion$1 billion+10.3%10-K 2022-03-31 · proof
Cash and cash equivalents$124.1 million$63 million+96.9%10-K 2022-03-31 · proof
What was GRANDSOUTH BANCORPORATION's revenue in fiscal 2021?
GRANDSOUTH BANCORPORATION reported revenue of $53.7 million for fiscal 2021 (the year ended Dec 31, 2021), against $44.3 million the year before (+21.3%). Source: the 10-K filed with the SEC on Mar 31, 2022. SEC
What was GRANDSOUTH BANCORPORATION's net income in fiscal 2021?
GRANDSOUTH BANCORPORATION reported net income of $16.1 million for fiscal 2021 (the year ended Dec 31, 2021), against $8.6 million the year before (+86.4%). Source: the 10-K filed with the SEC on Mar 31, 2022. SEC
What was GRANDSOUTH BANCORPORATION's cash from operating activities in fiscal 2021?
GRANDSOUTH BANCORPORATION reported cash from operating activities of $22.6 million for fiscal 2021 (the year ended Dec 31, 2021), against $12.7 million the year before (+77.6%). Source: the 10-K filed with the SEC on Mar 31, 2022. SEC
What are GRANDSOUTH BANCORPORATION's total assets?
As of Dec 31, 2021, GRANDSOUTH BANCORPORATION reported total assets of $1.2 billion, against $1.1 billion a year earlier (+10.5%). Source: the 10-K filed with the SEC on Mar 31, 2022. SEC
What are GRANDSOUTH BANCORPORATION's total liabilities?
As of Dec 31, 2021, GRANDSOUTH BANCORPORATION reported total liabilities of $1.1 billion, against $1 billion a year earlier (+10.3%). Source: the 10-K filed with the SEC on Mar 31, 2022. SEC
What are GRANDSOUTH BANCORPORATION's cash and cash equivalents?
As of Dec 31, 2021, GRANDSOUTH BANCORPORATION reported cash and cash equivalents of $124.1 million, against $63 million a year earlier (+96.9%). Source: the 10-K filed with the SEC on Mar 31, 2022. SEC

Read from the FinancialMD API on Nov 13, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.

The same numbers for an agent, with proof on every value:

curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=cik:1126961&period_type=annual&limit=5"

Information only, not investment advice.