CHARLESTON, S.C. (AP) — CHARLESTON, S.C. (AP) — Bank of South Carolina Corp. (BKSC) on Thursday reported third-quarter net income of $1.8 million.
The bank, based in Charleston, South Carolina, said it had earnings of 33 cents per share.
The bank holding company posted revenue of $7.3 million in the period. Its revenue net of interest expense was $5.8 million, exceeding Street forecasts.
Bank of South Carolina shares have declined 21% since the beginning of the year. The stock has climbed 12% in the last 12 months.
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