Bank of South Carolina Q3 net income up 1.4% to $1.73M; announces new James Island office

BANK OF SOUTH CAROLINA CORP

2021-Q3 EPS reported $0.92

Q3 2021 net income $1.73M vs $1.70M in Q3 2020; basic EPS $0.31 unchanged.
Nine-month net income rose 10.2% to $5.21M; diluted EPS $0.92 vs $0.83.
Total assets grew 30.8% to $691.8M; book value per share $9.83 vs $9.88.
New banking office planned on James Island; renovation in 2022, opening Q2 2023.
President cites low loan demand offset by mortgage operations; bank remains well capitalized.

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