---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-034150"
form_type: "8-K"
ticker: "BKSC"
cik: "0001007273"
company_name: "BANK OF SOUTH CAROLINA CORP"
filed_at: "2022-10-13T23:59:59+00:00"
generated_at: "2026-06-23T03:43:36.481520+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bank of South Carolina Q3 net income up 6.6% to $1.84M; nine-month net income down 6.9%

## Summary
- Q3 2022 net income $1,840,267 ($0.33 basic/diluted EPS) vs $1,726,937 ($0.31/$0.30) in Q3 2021.
- Nine-month net income $4,847,355 ($0.87 basic, $0.86 diluted) down 6.88% from $5,205,696.
- Annualized ROA 0.98% and ROE 14.11% for nine months vs 1.23% and 12.64% a year ago.
- Book value per share fell to $6.49 from $9.83 due to share repurchases? (not explicit).
- President cites higher interest rates offsetting mortgage decline; bank is well capitalized and PPP program closed.

## SEC filing metadata
- accession: 0001564590-22-034150
- form_type: 8-K
- ticker: BKSC
- cik: 0001007273
- company_name: BANK OF SOUTH CAROLINA CORP
- filed_at: 2022-10-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1007273/000156459022034150/0001564590-22-034150-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1007273/000156459022034150/bksc-8k_20221013.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-034150
- JSON: https://secwatch.observer/filing/0001564590-22-034150.json
- Plain text: https://secwatch.observer/filing/0001564590-22-034150.txt

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