Bank of South Carolina Q2 net income up 11.2% to $1.67M; EPS $0.30 vs $0.27

BANK OF SOUTH CAROLINA CORP

2021-Q2 EPS reported $0.61

Q2 2021 net income $1,668,684 vs $1,501,023 YoY; diluted EPS $0.29 vs $0.26.
Six-month net income $3,478,759, up 15.1% from $3,022,204; diluted EPS $0.61 vs $0.53.
Annualized ROA 1.27% (6mo) vs 1.28% prior; ROE improved to 12.80% from 11.46%.
Book value per share $9.84 at June 30, 2021, up from $9.75 a year ago.
Management cites PPP and mortgage fee income; loan demand tepid, liquidity high.

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