secwatch.observer — SEC 8-K summary
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Issuer:     BANK OF SOUTH CAROLINA CORP (BKSC)
CIK:        0001007273
Form:       8-K
Filed at:   2021-10-14T23:59:59+00:00
Accession:  0001564590-21-050792
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1007273/000156459021050792/0001564590-21-050792-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1007273/000156459021050792/bksc-8k_20211014.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-050792

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