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Wednesday, December 2, 2009, 7:48PM ET - U.S. Markets Closed. Dow Down 0.18% Nasdaq Up 0.42%
Greer Bancshares Inc. (GRBS.OB)At 3:50PM ET: 5.00  Down 0.70 (12.28%)  
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Greer Bancshares Inc.
1111 West Poinsett Street
PO Box 1029
Greer, SC 29650
United States - Map
Phone: 864-877-2000
Web Site: http://www.greerstatebank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Savings & Loans
Full Time Employees:90

BUSINESS SUMMARY 
Greer Bancshares Incorporated operates as the bank holding company for Greer State Bank that provides various commercial banking products and services to individuals and businesses primarily in Greenville and Spartanburg counties in South Carolina. The company’s principal deposit products include retail checking accounts, NOW accounts, money market accounts, retail savings accounts, and certificates of deposit, as well as brokered deposits. Its loan portfolio comprises commercial, commercial real estate, and residential real estate loans, as well as consumer loans, including loans to individuals for household, family, and other personal expenditures, such as automobile financing, home improvements, recreational, and educational purposes. In addition, the company offers travelers’ checks, safe deposit boxes, direct deposit of payroll, and social security checks, automatic drafts for various accounts, automated teller machine, Mastercard and Visa credit cards, automated telephone banking system, Internet banking, and cash management services, as well as provides drive-up and night depository facilities. Further, Greer Bancshares, through a registered broker-dealer, offers securities. As of December 31, 2008, it operated three banking offices, and one commercial and mortgage loan production office in Greer; and one banking office in Taylors. The company was founded in 1989 and is headquartered in Greer, South Carolina.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Kenneth M. Harper , 44
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Greer State Bank, Pres of Greer State Bank of Greer State Bank
    N/A N/A
    Mr. J. Richard Medlock Jr., 52
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Sec., Treasurer, Chief Financial Officer of Greer Bank and Exec. VP of Greer State Bank
    N/A N/A
    Mr. Victor K. Grout , 52
    Exec. VP of Commercial Lending & Risk Management - Greer State Bank and Commercial Banking Mang. of Greer State Bank
    $ 147.00KN/A
    Mr. E. Pierce Williams Jr., 53
    Sr. VP of Commercial Banking - Greer State Bank
    N/A N/A
    Mr. Thomas L. Williams ,
    VP of Greer State Bank and Branch Mang. of North Main Office - Greer State Bank
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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