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.

Company Growth (employees)
Type
Public
HQ
Charleston, US
Founded
1986
Size (employees)
74 (est)-8%
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 Data and Metrics

Bank of South Carolina Financial Metrics

Bank of South Carolina's revenue was reported to be $15.3 m in FY, 2016
USD

Net income (Q1, 2017)

1.2 m

EBIT (Q1, 2017)

3.7 m

Market capitalization (17-Aug-2017)

96.4 m

Cash (31-Mar-2017)

7.1 m
Bank of South Carolina's current market capitalization is $96.4 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

13.4 m14.2 m15.3 m

Revenue growth, %

6%7%

Cost of goods sold

408.9 k402.4 k378.7 k

Gross profit

13 m13.8 m14.9 m

Gross profit Margin, %

97%97%98%

Sales and marketing expense

6.1 m

Operating expense total

6.1 m

EBIT

12.9 m13.6 m14.3 m

EBIT margin, %

96%96%94%

Interest income

13 m13.8 m14.9 m

Pre tax profit

6.4 m7.2 m6.9 m

Income tax expense

2 m2.3 m1.7 m

Net Income

4.4 m4.9 m5.2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cost of goods sold

103 k104.3 k99.6 k101.2 k94.1 k93 k96.5 k96.8 k

Sales and marketing expense

1.3 m1.3 m1.5 m1.5 m1.5 m1.5 m1.5 m1.5 m

Operating expense total

1.3 m1.3 m1.5 m1.5 m1.5 m1.5 m1.5 m1.5 m

EBIT

3.2 m3.3 m3.4 m3.5 m3.5 m3.7 m3.9 m3.7 m

Pre tax profit

1.6 m1.7 m1.9 m1.8 m1.8 m1.8 m1.8 m1.8 m

Income tax expense

513.1 k536.8 k596.7 k551.3 k567.1 k518.3 k399.7 k546.3 k

Net Income

2.1 m3.2 m1.2 m1.3 m1.2 m1.2 m2.5 m3.9 m1.2 m
USDFY, 2014FY, 2015FY, 2016

Cash

4.7 m5.3 m8.1 m

Accounts Receivable

1.3 m1.3 m1.6 m

Inventories

260.6 m

Total Assets

367.2 m399.2 m413.9 m

Accounts Payable

372.5 m

Total Liabilities

373.3 m

Additional Paid-in Capital

28.8 m36.3 m36.8 m

Retained Earnings

8.6 m4.1 m6.6 m

Total Equity

36.8 m39.2 m40.6 m

Financial Leverage

10 x10.2 x10.2 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

6.6 m6.5 m7.6 m6.5 m7.2 m7.1 m

Inventories

240.5 m241.3 m253.3 m270.3 m266.4 m255.5 m

PP&E

2.3 m2.3 m

Total Assets

369.6 m384.6 m403.7 m424.9 m409.6 m428.8 m

Accounts Payable

329.9 m343.8 m361.7 m382.2 m365.4 m386 m

Additional Paid-in Capital

28.9 m36.3 m36.4 m36.6 m36.7 m37 m

Retained Earnings

9.9 m3.5 m4.6 m5.3 m6 m7.2 m

Total Equity

37.9 m39 m40.3 m41.5 m42.1 m41.6 m

Financial Leverage

9.7 x9.9 x10 x10.2 x9.7 x10.3 x
USDFY, 2014FY, 2015FY, 2016

Net Income

4.4 m4.9 m5.2 m

Depreciation and Amortization

200.2 k196.8 k189.2 k

Cash From Operating Activities

2.2 m7.1 m6 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 m27.1 m11.6 m

Interest Paid

429.8 k419 k400.5 k

Income Taxes Paid

1.8 m2.2 m2.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

2.1 m3.2 m1.2 m1.3 m1.2 m1.2 m2.5 m3.9 m1.2 m

Depreciation and Amortization

101.2 k152.9 k48.1 k99.5 k148.4 k48.8 k95.7 k140.3 k47.5 k

Cash From Operating Activities

2.2 m1.8 m5 m3.8 m4.6 m3.7 m1.5 m5.2 m2.9 m

Cash From Investing Activities

(11.1 m)(23.9 m)(9.2 m)2.9 m(11.5 m)(17.7 m)(3.7 m)

Dividends Paid

(1.2 m)(1.7 m)(580 k)(1.2 m)(1.7 m)(639.2 k)(1.3 m)(1.9 m)(693.9 k)

Cash From Financing Activities

15.5 m32 m7 m(19.2 k)13.2 m2.3 m22.5 m5.1 m12.9 m

Interest Paid

216.3 k329.7 k99 k201.7 k313.7 k100.9 k190.3 k308.9 k91.4 k

Income Taxes Paid

661 k1.2 m972.3 k1.6 m1.1 m1.7 m879.4 k
Y, 2017

Financial Leverage

10.3 x

Bank of South Carolina Market Value History

Traffic Overview of Bank of South Carolina

Bank of South Carolina Online and Social Media Presence

Bank of South Carolina Company Life and Culture

You may also be interested in