Bank of south carolina corp (BKSC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest and fee income
Loans, including fees

15,994

15,126

13,287

12,851

11,795

11,263

11,188

11,032

10,887

10,693

10,154

Taxable securities

1,617

1,872

1,585

1,297

1,376

1,045

465

-

-

-

-

Tax-exempt securities

570

744

1,026

1,007

1,012

1,059

1,017

-

-

-

-

Interest and dividends on investment securities

-

-

-

-

-

-

-

1,347

1,309

-

-

Interest and dividends on investment securities

-

-

-

-

-

-

-

-

-

1,459

1,503

Other

729

393

269

138

45

49

80

82

80

12

13

Total interest and fee income

18,912

18,136

16,169

15,295

14,229

13,418

12,751

12,462

12,277

12,166

11,671

Interest expense
Deposits

815

694

423

378

401

408

416

455

778

1,057

1,322

Short-term borrowings

-

-

-

-

0

0

0

0

-

9

14

Total interest expense

815

694

423

378

402

408

416

455

778

1,066

1,336

Net interest income

18,097

17,442

15,745

14,916

13,827

13,009

12,335

12,007

11,499

11,099

10,335

Provision for loan losses

180

325

55

570

192

82

207

350

480

670

2,369

Net interest income after provision for loan losses

17,917

17,117

15,690

14,346

13,635

12,926

12,128

11,657

11,019

10,429

7,966

Other income
Service charges and fees

1,175

1,168

1,135

1,061

-

-

-

-

-

-

-

Mortgage banking income

940

786

1,057

1,387

-

-

-

-

-

-

-

Service charges, fees and commissions

-

-

-

-

991

921

943

926

946

1,030

1,037

Mortgage banking income

-

-

-

-

1,605

1,315

1,521

1,377

674

1,004

1,020

Loss on sale of other real estate

-

-

-

-

-

-

-

0

-63

-13

0

Gain on sales of securities, net

50

4

45

380

423

312

-

-

-

-

-

Other non-interest income

31

34

30

31

-

-

-

-

-

-

-

Other non-interest income

-

-

-

-

29

29

31

41

32

29

26

Gain on sale of securities

-

-

-

-

-

-

-

0

124

-

180

Gain on sale of securities

-

-

-

-

-

-

-

-

-

0

-

Total other income

2,198

1,994

2,268

2,861

3,049

2,578

2,496

2,345

1,777

2,063

2,264

Other expense
Salaries and employee benefits

6,809

6,488

6,060

6,087

5,859

5,466

5,191

5,045

4,742

4,568

4,242

Net occupancy expense

1,623

1,580

1,571

1,528

1,480

1,473

1,406

1,356

1,340

1,316

1,280

Other operating expenses

2,189

2,953

2,517

2,639

2,168

2,152

2,119

2,329

2,113

2,100

2,077

Net other real estate owned expenses

-

57

92

16

5

16

-

-

-

-

-

Total other expense

10,621

11,080

10,242

10,272

9,513

9,108

8,717

8,731

8,260

7,998

7,600

Income before income tax expense

9,493

8,031

7,716

6,935

-

-

-

-

-

-

-

Income before income tax expense

-

-

-

-

7,171

6,396

5,906

5,271

4,537

4,494

2,629

Income tax expense

2,175

1,108

2,814

1,688

2,287

1,997

1,829

1,604

1,347

1,384

760

Net income

7,318

6,922

4,901

5,247

4,884

4,398

4,076

3,666

3,189

3,110

1,869

Weighted average shares outstanding
Basic (in shares)

5,522

5,500

5,471

5,428

4,912

4,907

4,897

4,445

4,439

4,416

4,390

Diluted (in shares)

5,588

5,589

5,568

5,561

5,067

5,032

4,906

4,445

4,439

4,416

4,394

Basic income per common share (in dollars per share)

1.33

1.26

0.90

0.97

0.99

0.90

0.83

0.82

0.72

0.70

0.43

Diluted income per common share (in dollars per share)

1.31

1.24

0.88

0.94

0.96

0.87

0.83

0.82

0.72

0.70

0.43