BANK OF SOUTH CAROLINA CORP
BKSC · State Commercial Banks · 5.5M shares · +1%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: $306K (gross $399K, SBC $93K)
Grade
C67Bank of South Carolina — high-ROE small bank on stale (FY2022) data.
Strengths
- ROE 17.1% (98th pct); conservative, deposit-funded
Risks
- Stale financials reduce reliability
- Very small scale; limited growth
Key metrics
Return on equity
17.1%
Return on assets
1.0%
Net-income growth
-1.3%
Free cash flow
$9M
Tangible book value
$39M
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2023-09-28 | OtherExhibits | filing ↗ |
| 2023-08-24 | Delisting noticeExhibits | filing ↗ |
| 2023-07-13 | ResultsExhibits | filing ↗ |
| 2023-06-22 | OtherExhibits | filing ↗ |
| 2023-05-25 | OtherExhibits | filing ↗ |
| 2023-04-11 | ResultsShareholder voteExhibits | filing ↗ |
| 2023-03-23 | OtherExhibits | filing ↗ |
| 2023-01-26 | Exec/director changeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2023-09-28 | 2023-09-28 | 0000950170-23-050282 ↗ |
| 8-K | 2023-08-24 | 2023-08-24 | 0000950170-23-044275 ↗ |
| 10-Q | 2023-08-04 | 2023-06-30 | 0001387131-23-009289 ↗ |
| 8-K | 2023-07-13 | 2023-07-13 | 0000950170-23-032768 ↗ |
| 8-K | 2023-06-22 | 2023-06-22 | 0000950170-23-029296 ↗ |
| 8-K | 2023-05-25 | 2023-05-25 | 0000950170-23-024121 ↗ |
| 10-Q | 2023-05-11 | 2023-03-31 | 0001387131-23-006335 ↗ |
| 8-K | 2023-04-11 | 2023-04-11 | 0000950170-23-012435 ↗ |
| 8-K | 2023-03-23 | 2023-03-23 | 0000950170-23-009384 ↗ |
| 10-K | 2023-03-02 | 2022-12-31 | 0001839882-23-005612 ↗ |
| 8-K | 2023-01-26 | 2023-01-26 | 0000950170-23-001216 ↗ |
| 8-K | 2023-01-12 | 2023-01-12 | 0000950170-23-000688 ↗ |