The Bank of South Carolina is headquartered in Charleston and is the 19th largest bank in the state of South Carolina. It is also the 1,558th largest bank in the nation. It was established in 1987 and as of December of 2020, it had grown to 76 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 | 76 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.32% |
Return on Equity - YTD | 12.82% |
Annual Interest Income | $18.7MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $532.2MM$445.1MM |
Loans | Q4 2020vs Q4 2019 | $329.6MM$275.1MM |
Deposits | Q4 2020vs Q4 2019 | $463.9MM$380.6MM |
Equity Capital | Q4 2020vs Q4 2019 | $53.9MM$50.7MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $4.2MM$4.0MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $1.2MM$1.7MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $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 | |
---|---|---|---|---|---|
0.06% | - | - | Savings Account | ||
0.05%* | $10k* | - | HSA Account | ||
OTHER TIERS: 0.01% → Up to $2.5k | 0.02% → $2.5k - $10k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.05%* | $10k* | - | Money Market Account | ||
OTHER TIERS: 0.01% → Up to $1k | 0.02% → $1k - $10k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.60% | $1k | - | 5 Year CD | |
0.15% | $1k | - | 9 Month CD | |
0.15% | $1k | - | 1 Year CD | |
0.10% | $1k | - | 6 Month CD | |
0.08% | $1k | - | 3 Month CD | |
0.05% | $1k | - | 1 Month CD |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.50% | $100 | - | 18 Month Fixed IRA | |
0.35% | $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 |