Bank Of South Carolina Corp - Understand $bksc stock

$BKSC Market Cap: $73.78 Million

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Financial Snapshot

Revenue

$22.02M

TTM

Gross Margin

Net Earnings

$6.515M

TTM

Current Assets

Current Liabilities

$41.08M

Q2 2023

Current Ratio

Total Assets

$648.4M

Q2 2023

Total Liabilities

$605.8M

Q2 2023

Book Value

$42.57M

Q2 2023

Cash

$25.38M

Q2 2023

P/E

11.33

Nov 29, 2024 EST

Free Cash Flow

$9.594M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Revenue	$19.20M	$17.55M	$17.24M
YoY Change	9.39%	1.81%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2022	2021	2020
Revenue	$19.20M	$17.55M	$17.24M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$359.3K	$410.0K	$420.0K	$230.0K	$200.0K	$190.0K	$190.0K	$200.0K	$200.0K	$190.0K	$210.0K	$210.0K	$230.0K	$220.0K	$250.0K	$270.0K	$240.0K	$280.0K	$290.0K	$370.0K	$400.0K	$410.0K	$360.0K	$320.0K	$360.0K	$210.0K	$170.0K	$130.0K
YoY Change	-12.38%	-2.38%	82.61%	15.0%	5.26%	0.0%	-5.0%	0.0%	5.26%	-9.52%	0.0%	-8.7%	4.55%	-12.0%	-7.41%	12.5%	-14.29%	-3.45%	-21.62%	-7.5%	-2.44%	13.89%	12.5%	-11.11%	71.43%	23.53%	30.77%	8.33%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2022	2021	2020
Interest Expense	$301.8K	$174.0K	$305.4K
YoY Change	73.44%	-43.03%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Pretax Income	$8.633M	$8.820M	$8.430M	$9.490M	$8.030M	$7.720M	$6.940M	$7.170M	$6.400M	$5.910M	$5.270M	$4.540M	$4.490M	$2.630M	$4.360M	$5.880M	$6.000M	$4.990M	$2.820M	$2.920M	$2.810M	$2.720M	$3.630M	$2.960M	$2.580M	$2.520M	$2.230M	$1.670M
YoY Change	-2.13%	4.63%	-11.17%	18.18%	4.02%	11.24%	-3.21%	12.03%	8.29%	12.14%	16.08%	1.11%	70.72%	-39.68%	-25.85%	-2.0%	20.24%	76.95%	-3.42%	3.91%	3.31%	-25.07%	22.64%	14.73%	2.38%	13.0%	33.53%	50.45%
Income Tax	$1.977M	$2.070M	$1.970M	$2.180M	$1.110M	$2.150M	$1.690M	$2.290M	$2.000M	$1.830M	$1.600M	$1.350M	$1.380M	$760.0K	$1.430M	$2.050M	$2.070M	$1.800M	$980.0K	$1.010M	$950.0K	$920.0K	$1.260M	$1.050M	$920.0K	$910.0K	$830.0K	$620.0K
% Of Pretax Income	22.91%	23.47%	23.37%	22.97%	13.82%	27.85%	24.35%	31.94%	31.25%	30.96%	30.36%	29.74%	30.73%	28.9%	32.8%	34.86%	34.5%	36.07%	34.75%	34.59%	33.81%	33.82%	34.71%	35.47%	35.66%	36.11%	37.22%	37.13%
Net Earnings	$6.655M	$6.740M	$6.460M	$7.320M	$6.920M	$4.900M	$5.250M	$4.880M	$4.400M	$4.080M	$3.670M	$3.190M	$3.110M	$1.870M	$2.940M	$3.830M	$3.930M	$3.190M	$1.840M	$1.900M	$1.860M	$1.800M	$2.370M	$1.920M	$1.660M	$1.610M	$1.390M	$1.050M
YoY Change	-1.26%	4.33%	-11.75%	5.78%	41.22%	-6.67%	7.58%	10.91%	7.84%	11.17%	15.05%	2.57%	66.31%	-36.39%	-23.24%	-2.54%	23.2%	73.37%	-3.16%	2.15%	3.33%	-24.05%	23.44%	15.66%	3.11%	15.83%	32.38%	47.89%
Net Earnings / Revenue	34.66%	38.4%	37.47%
Basic Earnings Per Share	$1.20	$1.22	$1.17
Diluted Earnings Per Share	$1.18	$1.187M	$1.137M	$1.309M	$1.238M	$881.3K	$944.2K	$876.1K	$794.2K	$755.6K	$682.2K	$594.0K	$582.4K	$351.5K	$555.8K	$796.3K	$823.9K	$674.4K	$392.3K	$405.1K	$397.4K	$381.4K	$502.1K	$402.5K	$348.7K	$338.9K	$292.0K	$220.1K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$17.42M	$17.80M	$16.80M	$17.50M	$2.300M	$2.200M	$2.300M	$2.300M	$2.400M	$2.500M	$2.500M	$2.600M	$2.400M	$2.500M	$2.400M	$2.600M	$2.700M	$2.700M	$2.900M	$3.000M	$3.300M	$3.400M	$3.600M	$3.800M	$4.100M	$2.600M	$1.200M	$500.0K
YoY Change	-2.12%	5.95%	-4.0%	660.87%	4.55%	-4.35%	0.0%	-4.17%	-4.0%	0.0%	-3.85%	8.33%	-4.0%	4.17%	-7.69%	-3.7%	0.0%	-6.9%	-3.33%	-9.09%	-2.94%	-5.56%	-5.26%	-7.32%	57.69%	116.67%	140.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$6.245M	-$700.0K	$200.0K	$900.0K	$1.900M	$1.500M	$1.700M	$400.0K	$200.0K	$500.0K													$0.00	$400.0K	$200.0K	$200.0K	$200.0K	$200.0K
YoY Change	-992.09%	-450.0%	-77.78%	-52.63%	26.67%	-11.76%	325.0%	100.0%	-60.0%														-100.0%	100.0%	0.0%	0.0%	0.0%
Total Long-Term Assets
YoY Change
Total Assets	$653.3M	$679.2M	$532.5M	$445.0M	$429.1M	$446.6M	$413.9M	$399.2M	$367.2M	$340.9M	$325.4M	$334.0M	$280.5M	$265.9M	$243.7M	$225.2M	$243.5M	$222.5M	$201.2M	$187.3M	$169.5M	$158.5M	$159.8M	$154.7M	$145.0M	$124.5M	$102.8M	$95.20M
YoY Change
Accounts Payable	$2.430M	$2.100M	$2.600M	$1.400M	$1.300M	$900.0K	$800.0K	$1.300M	$1.100M	$900.0K	$400.0K	$900.0K	$600.0K	$500.0K	$1.100M	$1.200M	$1.800M	$1.100M	$700.0K	$600.0K	$1.200M	$1.100M	$1.400M	$1.100M	$900.0K	$700.0K	$700.0K	$700.0K
YoY Change	15.73%	-19.23%	85.71%	7.69%	44.44%	12.5%	-38.46%	18.18%	22.22%	125.0%	-55.56%	50.0%	20.0%	-54.55%	-8.33%	-33.33%	63.64%	57.14%	16.67%	-50.0%	9.09%	-21.43%	27.27%	22.22%	28.57%	0.0%	0.0%
Accrued Expenses	$13.43M	$14.00M	$12.70M	$13.20M
YoY Change	-4.05%	10.24%	-3.79%
Deferred Revenue
YoY Change
Short-Term Debt								$0.00	$7.000M			$0.00	$800.0K	$8.000M	$1.000M	$900.0K	$2.700M	$2.000M	$1.500M	$1.000M	$4.500M	$4.900M	$8.700M	$11.40M	$3.500M	$3.800M	$2.400M	$1.100M
YoY Change								-100.0%				-100.0%	-90.0%	700.0%	11.11%	-66.67%	35.0%	33.33%	50.0%	-77.78%	-8.16%	-43.68%	-23.68%	225.71%	-7.89%	58.33%	118.18%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$15.86M	$16.10M	$15.30M	$14.60M	$1.300M	$900.0K	$800.0K	$1.300M	$1.100M	$900.0K	$400.0K	$900.0K	$600.0K	$500.0K	$1.100M	$1.200M	$1.800M	$1.100M	$700.0K	$600.0K	$1.200M	$1.100M	$1.400M	$1.100M	$900.0K	$700.0K	$700.0K	$700.0K
YoY Change	-1.47%	5.23%	4.79%	1023.08%	44.44%	12.5%	-38.46%	18.18%	22.22%	125.0%	-55.56%	50.0%	20.0%	-54.55%	-8.33%	-33.33%	63.64%	57.14%	16.67%	-50.0%	9.09%	-21.43%	27.27%	22.22%	28.57%	0.0%	0.0%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Total Liabilities	$614.5M	$625.3M	$477.5M	$393.8M	$383.7M	$403.8M	$373.3M	$360.0M	$330.5M	$306.2M	$291.5M	$302.0M	$251.8M	$238.3M	$216.9M	$199.5M	$219.8M	$201.0M	$181.2M	$167.7M	$150.2M	$139.2M	$141.2M	$137.8M	$128.3M	$109.0M	$87.90M	$80.70M
YoY Change	-1.72%	30.95%	21.25%	2.63%	-4.98%	8.17%	3.69%	8.93%	7.94%	5.04%	-3.48%	19.94%	5.67%	9.87%	8.72%	-9.24%	9.35%	10.93%	8.05%	11.65%	7.9%	-1.42%	2.47%	7.4%	17.71%	24.0%	8.92%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2022	2021	2020
Basic Shares Outstanding	5.550M shares	5.532M shares	5.527M shares
Diluted Shares Outstanding	5.645M shares	5.680M shares	5.679M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $73.781 Million

About BANK OF SOUTH CAROLINA CORP

Bank of South Carolina Corp. is a holding company, which engages in the provision of financial services. The company is headquartered in Charleston, South Carolina. The firm provides a range of financial services and products to the Charleston, North Charleston metro area, which includes Charleston, Berkeley and Dorchester County. The Bank offers personal banking, business banking and mortgage services. The Bank’s personal banking services include checking, savings, certificates of deposit, health savings accounts, individual retirement accounts, VISA CheckCards, eSafe Internet banking, consumer loans, credit cards, personal reserve checking and safe deposit boxes. The Bank offers various business banking services, including eCorp Internet banking, commercial loans, credit cards, wire transfer requests, merchant credit cards services and other. The Bank offers various deposits, including non-interest-bearing demand accounts, negotiable order of withdrawal (NOW) accounts, money market accounts, time deposits and savings accounts.

Industry: State Commercial Banks Peers: BENCHMARK BANKSHARES INC FIRST CAPITAL INC FIRST NATIONAL CORP /VA/ PNC FINANCIAL SERVICES GROUP, INC.