The Bank of South Carolina
Charleston, SC
IDRSSD: 246022
Total Assets
$576.24M
Latest filing
Total Deposits
$501.71M
Latest filing
Net Interest Margin
4.47%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
The Bank of South Carolina
256 Meeting St
Charleston, SC 29401
Full Service - Brick and Mortar
Updated 01/30/2026Established 02/26/1987FDIC Certificate 36296
Branches (5)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| The Bank of South Carolina (Main) | 256 Meeting St | Charleston, SC |
| SUMMERVILLE BRANCH | 100 N Main St | Summerville, SC |
| MT PLEASANT BRANCH | 1337 Chuck Dawley Blvd | Mount Pleasant, SC |
| WEST ASHLEY OFFICE BRANCH | 2027 Sam Rittenberg Blvd | Charleston, SC |
| NORTH CHARLESTON BRANCH | 9403 Highway 78 | North Charleston, SC |
| JAMES ISLAND BRANCH | 1730 Maybank Highway | Charleston, SC |
Showing 5 of 5
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 02/26/1987 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 29401 |
| State and County Number | 45019 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 05 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | Charleston-North Charleston, SC |
Operational Info
| Number of Employees | 84 |
| Domestic Offices | 6 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 02/26/1987 |
| Primary Insurance Agency | DIF |
| Website | www.banksc.com |
| Data Updated | 01/30/2026 |
| CERT | 26912 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $576.24M |
| Total Deposits | $501.71M |
| Total Liabilities | $516.71M |
| Total Equity Capital | $59.53M |
| Net Income | $2.06M |
| Net Loans and Leases | $358.43M |
| Assets Per Employee ($Millions) | $6.78M |
| Bank Premises and Fixed Assets | $15.30M |
| Cash and Balances due from Depository Institutions | $51.34M |
| Deposits Held in Domestic Offices | $501.71M |
Key Performance Ratios
| Return on Assets (ROA) | 1.43% |
| Return on Equity (ROE) | 13.98% |
| Net Interest Margin | 4.47% |
| Efficiency Ratio | 59.31% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.14% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.33% |
| Earning Assets to total Assets | 94.3% |
Income and Expense
| Total Interest Income | $7.29M |
| Total Noninterest Income | $481.00k |
| Total Interest Expense | $1.21M |
| Total Noninterest Expense | $3.89M |
| Net Interest Income | $6.08M |
| Pre-tax Net Operating Income | $2.47M |
| Provision for Credit Losses | $200.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $15.00M |
| Total Liabilities and Capital | $576.24M |
Securities
| Securities | $143.87M |
| Available-for-sale debt securities | $143.87M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of The Bank of South Carolina?
$576.24M as of the latest filing.
How much are The Bank of South Carolina's total deposits?
$501.71M in total deposits.
Where is The Bank of South Carolina located?
Charleston, SC.
What is the Net Interest Margin?
4.47%.
How many domestic offices does it operate?
6.
When was it established?
02/26/1987.
What is the Return on Assets (ROA)?
1.43%.
How much are total loans and leases?
$358.43M (latest filing).
What is the total interest income (latest filing)?
$7.29M.