---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-001137"
form_type: "8-K"
ticker: "BKSC"
cik: "0001007273"
company_name: "BANK OF SOUTH CAROLINA CORP"
filed_at: "2022-01-13T23:59:59+00:00"
generated_at: "2026-06-27T18:07:26.108771+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bank of South Carolina annual earnings up 4.4% but Q4 net income falls 11.3%

## Summary
- Full-year 2021 net income $6.745M ($1.22 basic EPS) vs $6.461M ($1.17) in 2020.
- Q4 2021 net income $1.539M ($0.28 basic EPS) vs $1.735M ($0.31) in Q4 2020, down 11.3%.
- ROA for 2021 was 1.14% vs 1.28% in 2020; ROE improved to 12.30% from 11.93%.
- Book value per share declined to $9.73 from $9.96 at year-end 2020.
- CEO notes PPP and mortgage fees offset low interest income; expects rate hikes to help in 2022.

## SEC filing metadata
- accession: 0001564590-22-001137
- form_type: 8-K
- ticker: BKSC
- cik: 0001007273
- company_name: BANK OF SOUTH CAROLINA CORP
- filed_at: 2022-01-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1007273/000156459022001137/0001564590-22-001137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1007273/000156459022001137/bksc-8k_20220113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-001137
- JSON: https://secwatch.observer/filing/0001564590-22-001137.json
- Plain text: https://secwatch.observer/filing/0001564590-22-001137.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.