The Bank of South Carolina is headquartered in Charleston and is the 20th largest bank in the state of South Carolina. It is also the 1,382nd largest bank in the nation. It was established in 1987 and as of June of 2022, 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 | 0.95% |
Return on Equity - YTD | 13.61% |
Annual Interest Income | $9.4MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $655.2MM$581.6MM |
Loans | Q2 2022vs Q2 2021 | $316.3MM$320.2MM |
Deposits | Q2 2022vs Q2 2021 | $598.9MM$514.0MM |
Equity Capital | Q2 2022vs Q2 2021 | $41.1MM$53.9MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $4.3MM$4.3MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $693.00K$1.1MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $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 | |
---|---|---|---|---|---|
0.20%* | $10k* | - | HSA Account | ||
OTHER TIERS: 0.06% → Up to $2.5k | 0.07% → $2.5k - $10k | |||||
0.10% | - | - | Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.20%* | $10k* | - | Money Market Account | ||
OTHER TIERS: 0.06% → Up to $1k | 0.07% → $1k - $10k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.00% | $1k | - | 5 Year CD | |
0.50% | $1k | - | 1 Year CD | |
0.35% | $1k | - | 9 Month CD | |
0.30% | $1k | - | 6 Month CD | |
0.25% | $1k | - | 3 Month CD | |
0.20% | $1k | - | 1 Month CD |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.40% | $100 | - | 18 Month Fixed IRA | |
0.25% | $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 St | Charleston, SC 29401 |
North Charleston Branch | 9403 Highway 78 | Ladson, SC 29456 |