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First South Bancorp, Inc. - Company Profile Snapshot

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Company Profile: First South Bancorp, Inc.
Ticker: FSBS
Exchanges: OTC
2007 Sales: 30,227,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: UNITED STATES
Employees: 73

Business Description
First South Bancorp, Inc.. The Group's principal activity is to provide banking services through its wholly-owned subsidiary, First South Bank. Its business mainly consists of accepting deposits and making loans from two branches in Spartanburg County, one branch in Columbia, South Carolina, one branch in Hilton Head, South Carolina and a loan production office in Asheville, North Carolina. The deposits offered by the Group include savings accounts, retirement accounts, checking accounts, money market accounts and time certificates of deposit. It offers commercial, real estate and installment loans to borrowers in and around Spartanburg, Richland, and Beaufort Counties in South Carolina and Buncombe County in North Carolina. It also makes other authorized investments.

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