Bank of South Carolina Corporation (BKSC)

Bank of South Carolina Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	24.96	23.85	20.47	15.68	15.29	15.06
Interest Income on Investments	3.12	3.12	3.84	3.52	2.27	2.18
Total Interest Income	28.08	26.96	24.31	19.2	17.55	17.24
Interest Paid on Deposits	4.67	5.73	4.33	0.3	0.17	0.31
Interest Paid on Borrowings	0.67	0.67	1.46	-	-	-
Total Interest Expense	5.34	6.4	5.79	0.3	0.17	0.31
Net Interest Income	22.74	20.56	18.52	18.9	17.38	16.93
Net Interest Income Growth (YoY)	14.64%	11.03%	-1.99%	8.74%	2.61%	-6.42%
Mortgage Banking Activities	0.45	0.45	0.38	0.67	2.31	2.27
Gain (Loss) on Sale of Investments	-0.1	-0.1	-	0.06	0.27	0.01
Other Non-Interest Income	1.55	1.51	1.38	1.33	1.29	1.13
Total Non-Interest Income	1.9	1.86	1.76	2.06	3.87	3.4
Non-Interest Income Growth (YoY)	7.10%	5.56%	-14.54%	-46.62%	13.61%	54.87%
Revenues Before Loan Losses	24.64	22.43	20.29	20.96	21.25	20.34
Provision for Loan Losses	0.43	0.08	0.05	-0.08	0.12	0.24
Revenue	24.22	22.35	20.24	21.04	21.13	20.1
Revenue Growth (YoY)	12.32%	10.43%	-3.78%	-0.42%	5.10%	-0.08%
Salaries and Employee Benefits	7.51	7.51	7.35	6.89	6.79	6.59
Occupancy Expenses	1.53	1.53	1.46	1.32	1.29	1.24
Selling, General & Administrative	3.21	3.21	3.23	2.88	2.81	2.61
Other Non-Interest Expense	1.93	1.37	1.29	1.32	1.42	1.24
Total Non-Interest Expense	14.17	13.61	13.33	12.4	12.31	11.67
EBT Excluding Unusual Items	10.05	8.74	6.91	8.63	8.82	8.43
Pretax Income	10.05	8.74	6.91	8.63	8.82	8.43
Income Tax Expense	2.33	1.99	1.42	1.98	2.07	1.97
Net Income	7.71	6.75	5.49	6.66	6.74	6.46
Net Income to Common	7.71	6.75	5.49	6.66	6.74	6.46
Net Income Growth	22.51%	22.86%	-17.45%	-1.33%	4.40%	-11.72%
Basic Shares Outstanding	5	5	6	6	6	6
Diluted Shares Outstanding	6	6	6	6	6	6
Shares Change (YoY)	1.15%	-2.13%	-0.33%	-0.63%	0.03%	1.62%
EPS (Basic)	1.42	1.24	0.99	1.20	1.22	1.17
EPS (Diluted)	1.38	1.23	0.98	1.18	1.19	1.14
EPS Growth	21.34%	25.51%	-16.95%	-0.84%	4.39%	-12.98%
Dividend Per Share	0.820	0.720	0.680	0.680	0.680	0.660
Dividend Growth	17.14%	5.88%	-	-	3.03%	3.13%
Effective Tax Rate	23.23%	22.79%	20.54%	22.91%	23.50%	23.33%

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.