This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Bank Of South Carolina Ranked Top Bank In South Carolina





CHARLESTON, S.C., Feb. 13, 2012 /PRNewswire/ -- Bank of South Carolina Corporation (Nasdaq: BKSC) (the "Company"), parent holding company of The Bank of South Carolina (the "Bank"), has been recognized as number one in overall performance by the Financial Management Consulting Group (FMC) in their 2011 Year End South Carolina Bank Performance Report. This is the second year that the Bank has received this recognition.  FMC compiles the report using data from FFIEC Call Reports obtained from SNL Financial.  Among the ratios used in the ranking are Return on Assets, Return on Equity, Asset Quality and Efficiency.

Hugh C. Lane, Jr., President and Chief Executive Officer of the Company stated, "We are pleased to be recognized again by FMC.  This ranking reflects our commitment to sticking to basic banking principles which has rewarded the Company with strong capital, liquidity, earnings and asset quality, all key strengths for a bank.   Every employee of the Company can feel extraordinarily proud of this. Each employee makes a valuable contribution to our success."

The Bank of South Carolina, a De Novo Charter, which opened in 1987 at 256 Meeting Street, has offices in Summerville, Mt. Pleasant, and the West Ashley community. Our website is www.banksc.com.  Bank of South Carolina Corporation currently trades its common stock on the NASDAQ stock market under the symbol "BKSC".  Select market makers for Bank of South Carolina Corporation Common Stock are: Knight Equity Markets, LP and USB Securities, LLC.

 

SOURCE Bank of South Carolina

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,105.33 +81.27 0.45%
S&P 500 2,117.06 +8.77 0.42%
NASDAQ 5,028.0230 +22.6320 0.45%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs