secwatch.observer — SEC 8-K summary
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Issuer:     BANK OF SOUTH CAROLINA CORP (BKSC)
CIK:        0001007273
Form:       8-K
Filed at:   2022-07-14T23:59:59+00:00
Accession:  0001564590-22-025729
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Bank of South Carolina Q2 net income down 7.5% to $1.54M, EPS $0.28/$0.27
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- Net income $1,542,981 for Q2 2022, down from $1,668,684 in Q2 2021 (7.5% decrease).
- Basic EPS $0.28, diluted EPS $0.27; prior year $0.30/$0.29.
- Six-month net income $3,007,088, down 13.6% from $3,478,759.
- Annualized ROAA 0.90% and ROAE 12.57% for H1 2022 vs. 1.27% and 12.80% in H1 2021.
- Book value per share $7.50 at June 30, 2022, down from $9.84; total assets $655.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1007273/000156459022025729/0001564590-22-025729-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1007273/000156459022025729/bksc-8k_20220714.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-025729

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