Bank Of South Carolina
The Bank of South Carolina is a community bank founded in 1987, operating six branches across the South Carolina Lowcountry. It provides personal, business, and mortgage banking services to local consumers and businesses, earning revenue primarily through net interest income.
- Company typePublic
- Founded1987
- HeadquartersCharleston, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
Bank Of South Carolina firmographics
Firmographics- Name
- Bank Of South Carolina
- Legal name
- The Bank of South Carolina
- Website
- https://banksc.com
- Company type
- Public
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- The Bank of South Carolina is a community bank founded in 1987, operating six branches across the South Carolina Lowcountry. It provides personal, business, and mortgage banking services to local consumers and businesses, earning revenue primarily through net interest income.
- Ownership category
- akta.pro rank
Bank Of South Carolina industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB), Credit Cards & Revolving Credit (FSABAAAC)
Keywords
Where Bank Of South Carolina is headquartered
LocationHeadquarters
- HQ city
- Charleston
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Bank Of South Carolina business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Net Interest Income: Primary revenue source from interest earned on loans and investments. Net interest margin of 4.43% in Q1 2026. Income from interest on commercial loans, consumer loans, residential mortgages, and investment securities. Reduced by interest paid on deposits.
- Non-Interest Income: Fee income from banking services including merchant credit card services, wire transfer fees, ACH origination fees, safe deposit box rentals, and mortgage banking activities. Total other income was $414,100 in Q1 2026.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Quarterly | Banking services with interest and fee-based pricing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Bank Of South Carolina product offering
Product offeringCore offering
The Bank of South Carolina is a community bank founded in 1987 that provides personal banking, business banking, and residential mortgage lending services through six branch locations in the South Carolina Lowcountry. Its offerings include checking, savings, CDs, IRAs, HSAs, consumer and commercial loans, credit cards, merchant services, ACH origination, wire transfers, and digital banking through eSafe, eCorp, and mobile applications.
Product overview
The Bank of South Carolina offers a comprehensive suite of traditional banking products organized into three main categories: Personal Banking (checking, savings, CDs, IRAs, HSAs, consumer loans, credit cards, and related services), Business Banking (commercial checking, savings, loans, merchant services, ACH origination, and wire transfers), and Mortgage Lending. The bank provides both core deposit and lending products alongside digital banking platforms (eSafe for personal, eCorp for business) and mobile banking applications as add-on modules. The product architecture follows a traditional community banking model where the core products are deposit accounts and loans, supplemented by digital banking channels and payment processing services.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking Personal checking account offerings for individual customers providing checking services and associated features.
- Personal Savings Savings account products for individual customers to deposit and grow funds.
- Certificates of Deposit (CDs) Time deposit accounts offering fixed interest rates for specified terms, available to both personal and business customers.
- Health Savings Accounts (HSAs) Tax-advantaged savings accounts for individuals with high-deductible health plans.
- Individual Retirement Accounts (IRAs) Retirement savings accounts with tax advantages for personal customers.
- Consumer Loans Personal loans for individual customers, including auto loans, personal loans, and other consumer credit products.
- Credit Cards VISA credit card products for both personal and business customers.
- Safe Deposit Boxes Secure storage rental service for valuable documents and items, available to personal and business customers.
- Business Checking Commercial checking accounts with features designed for small and medium business needs.
- Business Savings Savings accounts designed for business customers.
- Commercial Loans Loan products for businesses, including commercial real estate loans, equipment financing, and working capital loans.
- Merchant Credit Card Services Payment processing services enabling businesses to accept credit and debit card payments from customers.
- ACH Origination Electronic funds transfer service allowing businesses to initiate batch payments and collect payments via direct deposit.
- Wire Transfer Requests
Quantifiable outcome
- Net interest margin of 4.43% in Q1 2026, up from 4.07% year-over-year
- +3 more outcomes
Companies that use Bank Of South Carolina
Customer profileSegments3 records
Ideal customer profiles3 records
Bank Of South Carolina technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Bank Of South Carolina partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Computershare Investor ServicessupportingTransfer agent services for stockholder records, share transfers, and related investor services. Located at 150 Royall Street, Canton, MA 02021, phone 877-373-6374.
Scale indicators11 records
Recent moves6 records
Expansion highlights3 records
Bank Of South Carolina competitors and assessment
Company assessmentDirect peers
- ACNB Corporation: Publicly traded Pennsylvania community bank holding company operating a regional branch network with personal/business banking, mortgage, and trust services closely aligned with BKSC's product set.
- Hingham Institution for Savings: Publicly traded Massachusetts-chartered savings institution with a focused residential-mortgage and consumer/community deposit franchise, comparable to BKSC's hybrid savings-deposit and mortgage lending model.
- Citizens Community Bancorp, Inc. Publicly traded small community bank holding company with multi-state branch footprint serving similar consumer/SMB customer profiles with deposit, lending, and digital banking products.
- Investar Holding Corporation: Publicly traded Louisiana community bank holding company with similar asset scale and consumer/SMB/commercial lending mix; comparable branch-led relationship banking strategy.
- William Penn Bancorp, Inc. Publicly traded Pennsylvania community bank holding company with comparable asset scale, focused on relationship-based personal and small-business banking in a defined local market.
- Guaranty Federal Bancshares, Inc. Publicly traded Missouri-based community thrift holding company with sub-$1B assets, single-metro footprint, and traditional deposit/lending model analogous to BKSC's community bank profile.
- Evans Bancorp, Inc. Publicly traded Western New York community bank holding company with similar consumer, mortgage, and small-business banking products and a single-metro branch strategy.
- Capital City Bank Group, Inc. Publicly traded Florida community bank holding company with a similar multi-branch, relationship-driven deposit/lending model and comparable product breadth across personal, commercial, and mortgage lines.
- Bank of the James Financial Group, Inc. Publicly traded community bank holding company headquartered in Lynchburg, VA with comparable branch-banking model, similar asset base, and focus on personal/business/mortgage lending. Closest in scale and operating philosophy to Bank of South Carolina.
- Blue Ridge Bankshares, Inc. Publicly traded Virginia-based community bank holding company with a similar relationship-led retail/SMB banking model and concentrated geographic footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights5 records
Customer concentration
Bank Of South Carolina social profiles
Digital presenceBank Of South Carolina compliance and trust
Trust signalCompliance2 records
Bank Of South Carolina financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bank Of South Carolina leadership team
Management profileNumber of profiles
Profiles2 records
Bank Of South Carolina subsidiaries and ownership
Company hierarchySubsidiaries1 record
Bank Of South Carolina funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bank Of South Carolina M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bank Of South Carolina
What does Bank Of South Carolina do?
The Bank of South Carolina is a community bank founded in 1987 that provides personal banking, business banking, and residential mortgage lending services through six branch locations in the South Carolina Lowcountry. Its offerings include checking, savings, CDs, IRAs, HSAs, consumer and commercial loans, credit cards, merchant services, ACH origination, wire transfers, and digital banking through eSafe, eCorp, and mobile applications.
Is Bank Of South Carolina a public or private company?
Bank Of South Carolina is a public company. It is classified as public and is currently operating.
When was Bank Of South Carolina founded?
Bank Of South Carolina was founded in 1987. It employs 51 to 100 people.
Where is Bank Of South Carolina based?
Bank Of South Carolina is headquartered in Charleston, United States, in the North America region.
How does Bank Of South Carolina make money?
Two revenue lines are on record. Net Interest Income is the primary driver. The others are non-Interest Income.
Who are Bank Of South Carolina's main competitors?
Direct peers on record are ACNB Corporation, Hingham Institution for Savings, Citizens Community Bancorp, Inc., Investar Holding Corporation, William Penn Bancorp, Inc., Guaranty Federal Bancshares, Inc., Evans Bancorp, Inc., Capital City Bank Group, Inc., Bank of the James Financial Group, Inc. and Blue Ridge Bankshares, Inc..
Does Bank Of South Carolina have an API?
No public API is recorded for Bank Of South Carolina.
What industry is Bank Of South Carolina in?
Bank Of South Carolina's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor). Its NAICS code is 52211 and its SIC code is 6022.