CHARLESTON, S.C. (AP) — CHARLESTON, S.C. (AP) — Bank of South Carolina Corp. (BKSC) on Thursday reported fourth-quarter profit 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 $5.9 million, which beat Street forecasts.
For the year, the company reported profit of $6.8 million, or $1.23 per share. Revenue was reported as $22.4 million.
Bank of South Carolina shares have risen slightly more than 2% since the beginning of the year. The stock has decreased nearly 1% in the last 12 months.
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