The Bank of South Carolina is headquartered in Charleston and is the 18th largest bank in the state of South Carolina. It is also the 1,355th largest bank in the nation. It was established in 1987 and as of December of 2021, it had grown to 80 employees at 5 locations. The Bank of South Carolina has an A health rating.
Overall | |
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FDIC Certificate # | 26912 |
Year Established | 1987 |
Employees | 80 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.15% |
Return on Equity - YTD | 13.08% |
Annual Interest Income | $19.3MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $679.0MM$532.2MM |
Loans | Q4 2021vs Q4 2020 | $305.0MM$329.6MM |
Deposits | Q4 2021vs Q4 2020 | $610.5MM$463.9MM |
Equity Capital | Q4 2021vs Q4 2020 | $53.3MM$53.9MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $4.4MM$4.2MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $814.00K$1.2MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.05% | - | - | Savings Account | ||
0.03%* | $10k* | - | HSA Account | ||
OTHER TIERS: 0.01% → Up to $2.5k | 0.02% → $2.5k - $10k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.03%* | $10k* | - | Money Market Account | ||
OTHER TIERS: 0.01% → Up to $1k | 0.02% → $1k - $10k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.50% | $1k | - | 5 Year CD | |
0.15% | $1k | - | 1 Year CD | |
0.10% | $1k | - | 9 Month CD | |
0.08% | $1k | - | 6 Month CD | |
0.06% | $1k | - | 3 Month CD | |
0.05% | $1k | - | 1 Month CD |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.35% | $100 | - | 18 Month Fixed IRA | |
0.20% | $100 | - | 12 Month IRA |
The Bank of South Carolina Locations | ||
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Summerville Branch | 100 North Main Street | Summerville, SC 29483 |
Mt Pleasant Branch | 1337 Chuck Dawley Boulevard | Mount Pleasant, SC 29464 |
West Ashey Office Branch | 2027 Sam Rittenberg Boulevard | Charleston, SC 29407 |
The Bank Of South Carolina | 256 Meeting Street | Charleston, SC 29401 |
North Charleston Branch | 9403 Highway 78 | Ladson, SC 29456 |