Bank of South Carolina (PK:BKSC)

Sector:  Financials Industry:  Banks
 
See Regulatory Filings on SEC
Company Contact
Address: 256 Meeting Street
CHARLESTON SC 29401
Tel: N/A
Website: https://www.banksc.com
IR: See website
<
Key People
Hugh C. Lane
Chairman of the Board
Eugene H. Walpole
President, Chief Executive Officer, Chief Financial Officer, Director
Susanne King Boyd
Chief Operating Officer, Executive Vice President, Director
Douglas Hutson Sass
Executive Vice President, Senior Lender Officer, Director
Richard W. Hutson
Secretary, Independent Director
 
Business Overview
The Bank of South Carolina (the Bank) operates as a state-chartered independent, community oriented, commercial bank. The Company provides a range of financial services and products to the Charleston, North Charleston metro area, which includes Charleston, Berkeley and Dorchester County. The Bank offers personal banking, business banking and mortgage services. The Bank's personal banking services include checking, savings, certificates of deposit, health savings accounts, individual retirement accounts, VISA CheckCards, eSafe Internet banking, consumer loans, credit cards, personal reserve checking and safe deposit boxes. The Bank offers various business banking services, including eCorp Internet banking, commercial loans, credit cards, wire transfer requests, merchant credit cards services and other. The Bank offers various deposits, including non-interest-bearing demand accounts, negotiable order of withdrawal (NOW) accounts, money market accounts, time deposits and savings accounts.
Financial Overview
For the fiscal year ended 31 December 2023, Bank of South Carolina interest income increased 27% to $24.3M. Net interest income after loan loss provision decreased 3% to $18.5M. Net income decreased 17% to $5.5M. Net interest income after loan loss provision reflects decrease in interest earning assets and increase in interest bearing liabilities. Net income also reflects Provision for loan losses increase from $75K (income) to $45K (expense).
Employees: 80 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: N/A
Annual revenue (TTM): N/A
EBITDA (TTM): N/A
Net annual income (TTM): N/A
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: N/A
Shares outstanding: 5,462,794 as of Feb 22, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.