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 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Mar 31, 2024	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Interest Income on Loans	-	15.68	15.29	15.06	15.99	15.13
Interest Income on Investments	-	3.52	2.27	2.18	2.92	3.01
Total Interest Income	-	19.2	17.55	17.24	18.91	18.14
Interest Paid on Deposits	-	0.3	0.17	0.31	0.82	0.69
Total Interest Expense	-	0.3	0.17	0.31	0.82	0.69
Net Interest Income	-	18.9	17.38	16.93	18.1	17.44
Net Interest Income Growth (YoY)	-	8.74%	2.61%	-6.43%	3.75%	10.78%
Mortgage Banking Activities	-	0.67	2.31	2.27	0.94	0.79
Gain (Loss) on Sale of Investments	-	0.06	0.27	0.01	0.05	-0.35
Other Non-Interest Income	-	1.33	1.29	1.13	1.21	1.2
Total Non-Interest Income	-	2.06	3.87	3.4	2.2	1.64
Non-Interest Income Growth (YoY)	-	-46.62%	13.61%	54.87%	34.08%	-27.72%
Revenues Before Loan Losses	-	20.96	21.25	20.34	20.3	19.08
Provision for Loan Losses	-	-0.08	0.12	0.24	0.18	0.33
Revenue	-	21.04	21.13	20.1	20.12	18.76
Revenue Growth (YoY)	-	-0.42%	5.11%	-0.08%	7.24%	4.45%
Salaries and Employee Benefits	-	6.89	6.79	6.59	6.22	6
Occupancy Expenses	-	1.32	1.29	1.24	1	0.96
Selling, General & Administrative	-	2.88	2.81	2.61	2.16	2.17
Other Non-Interest Expense	-	1.32	1.42	1.24	1.24	1.55
Total Non-Interest Expense	-	12.4	12.31	11.67	10.62	10.73
EBT Excluding Unusual Items	-	8.63	8.82	8.43	9.49	8.03
Pretax Income	-	8.63	8.82	8.43	9.49	8.03
Income Tax Expense	-	1.98	2.07	1.97	2.18	1.11
Net Income	-	6.66	6.74	6.46	7.32	6.92
Net Income to Common	-	6.66	6.74	6.46	7.32	6.92
Net Income Growth	-	-1.33%	4.40%	-11.72%	5.71%	41.23%
Basic Shares Outstanding	5	6	6	6	6	6
Diluted Shares Outstanding	5	6	6	6	6	6
Shares Change (YoY)	-3.22%	-0.63%	0.03%	1.62%	-0.02%	0.37%
EPS (Basic)	-	1.20	1.22	1.17	1.33	1.26
EPS (Diluted)	-	1.18	1.19	1.14	1.31	1.24
EPS Growth	-	-0.84%	4.39%	-12.98%	5.65%	40.91%
Dividend Per Share	-	0.680	0.680	0.660	0.640	0.590
Dividend Growth	-	0%	3.03%	3.13%	8.47%	11.89%
Effective Tax Rate	-	22.91%	23.50%	23.33%	22.91%	13.81%

Source: S&P Capital IQ. Banks template. Financial Sources.