Bank of South Carolina Corporation Announces First Quarter Earnings

Provided By PR Newswire

Last update: Apr 8, 2025

CHARLESTON, S.C., April 8, 2025 /PRNewswire/ -- The Bank of South Carolina Corporation (OTCQX: BKSC) announced unaudited earnings of $1,794,014 or $0.33 basic and $0.32 diluted earnings per share for the quarter ended March 31, 2025 – an increase of $418,218, or 30.40%, from earnings for the quarter ended March 31, 2024 of $1,375,796 or $0.25 basic and diluted earnings per share, respectively. Annualized returns on average assets and average equity for the three months ended March 31, 2025 were 1.28% and 13.51%, respectively, compared with March 31, 2024 annualized returns on average assets and average equity of 0.89% and 11.69%, respectively.