Bank of South Carolina

In order for The Bank of South Carolina to remain the preeminent community bank in its market, the Bank must emphasize and focus on its primary competitive advantages; its people, its knowledge of the marketplace and its ability to respond to customer needs. Since the Bank's inception, it has focused on the following three markets: local businesses and their owners and managers, professionals and individuals who desire a higher level of service. To penetrate these markets, the Bank has sought to differentiate itself with personal service, responsiveness and attention to detail and long-term customer relationships. In addition, the directors, officers and employees are committed to improving the growth and welfare of the entire community through their personal involvement in community organizations and activities.

Type
Public
HQ
Charleston, US
Founded
1986
Size (employees)
81 (est)
Website
banksc.com
Bank of South Carolina was founded in 1986 and is headquartered in Charleston, US

Bank of South Carolina Office Locations

Bank of South Carolina has offices in Charleston, Summerville and Mount Pleasant
Charleston, US (HQ)
2027 Sam Rittenberg Blvd
Charleston, US
Sam Rittenberg Blvd
Mount Pleasant, US
1337 Chuck Dawley Blvd
Summerville, US
100 N Main St

Bank of South Carolina Metrics

Bank of South Carolina Financial Metrics

Revenue (2016)

$15.3 m

Revenue growth (2015-16), %

7%

Gross profit

$14.9 m

Gross profit margin (2016), %

98%

Net income (2016)

$5.2 m

Market capitalization (28-Apr-2017)

$103.2 m

Closing share price (28-Apr-2017)

$21

Cash (31-Dec-2016)

$8.1 m
Bank of South Carolina's current market capitalization is $103.2 m.
Bank of South Carolina's revenue was reported to be $15.3 m in FY, 2016 which is a 7% increase from the previous period.
FY, 2014FY, 2015FY, 2016

Revenue

$13.4 m$14.2 m$15.3 m

Revenue growth, %

6%7%

Cost of goods sold

$408.9 k$402.4 k$378.7 k

Gross profit

$13 m$13.8 m$14.9 m

Gross profit Margin, %

97%97%98%

EBIT

$12.9 m$13.6 m$14.3 m

EBIT margin, %

96%96%94%

Interest income

$13 m$13.8 m$14.9 m

Pre tax profit

$6.4 m$7.2 m$6.9 m

Net Income

$4.4 m$4.9 m$5.2 m
FY, 2014FY, 2015FY, 2016

Cash

$4.7 m$5.3 m$8.1 m

Accounts Receivable

$1.3 m$1.3 m$1.6 m

Inventories

Total Assets

$367.2 m$399.2 m$413.9 m

Accounts Payable

Additional Paid-in Capital

$28.8 m$36.3 m$36.8 m

Retained Earnings

$8.6 m$4.1 m$6.6 m

Total Equity

$36.8 m$39.2 m$40.6 m

Financial Leverage

10 x10.2 x10.2 x
FY, 2014FY, 2015FY, 2016

Net Income

$4.4 m$4.9 m$5.2 m

Depreciation and Amortization

$200.2 k$196.8 k$189.2 k

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$2.2 m$7.1 m$6 m

Cash From Investing Activities

($35.3 m)($15.4 m)($20.6 m)

Dividends Paid

($2.8 m)($2.4 m)($2.6 m)

Cash From Financing Activities

$21.4 m$27.1 m$11.6 m

Interest Paid

$429.8 k$419 k$400.5 k

Income Taxes Paid

$1.8 m$2.2 m$2.3 m

Bank of South Carolina Market Value History

Bank of South Carolina Online Presence

Bank of South Carolina Company Life

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