| Business Summary | | Bank
of
South
Carolina
Corporation
is
the
holding
company
of
The
Bank
of
South
Carolina
(the
Bank),
a
state-chartered
financial
institution.
The
Bank
serves
Berkeley,
Charleston
and
Dorchester
counties
as
an
independent,
community-oriented
commercial
bank
concentrating
on
individuals
and
small
and
medium-sized
businesses
desiring
a
high
level
of
personalized
services.
The
Bank
offers
a
full
range
of
deposit
services.
Checking
account
services
include
regular
non-interest
bearing
checking
accounts
as
well
as
interest
bearing
negotiable
order
of
withdrawal
(NOW)
accounts.
Savings
and
certificate
of
deposit
accounts
include
accounts
ranging
from
a
daily
maturity
(regular
savings
and
also
money
market
accounts)
to
longer-term
certificates
as
authorized
by
regulation. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BKSC
is
a
holding
company
for
The
Bank
of
South
Carolina,
a
state
chartered
bank
serving
Berkeley,
Charleston
and
Dorchester
counties.
For
the
six
months
ended
6/30/01,
interest
income
rose
2%
to
$6.5
million.
Net
interest
income
after
LLP
rose
2%
to
$4.3
million.
Net
income
fell
8%
to
$1
million.
Net
interest
income
reflects
higher
average
loan
volumes
and
decreased
interest
paid
on
borrowings.
Earnings
reflect
higher
personnel
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Hugh Lane, Jr., 53 Pres,
CEO | $197K | William Hiott, Jr., 56 Exec.
VP, Treasurer | 175K | Nathaniel Ball, III, 59 Exec.
VP, Sec. | 175K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|