Bank of South Carolina Q3 earnings $311,520Christian Fernsby ▼ | October 9, 2020
The Bank of South Carolina Corporation announced unaudited earnings of $1,703,271 for the third quarter ended September 30, 2020 a decrease of $311,520, or 15.46%, from earnings for the quarter ended September 30, 2019 of $2,014,791.
Bank of South Carolina "We continue to produce respectable earnings"
Topics: Bank of South Carolina
"Asset quality remains our number one priority with a strong existing loan loss reserve to move through this credit cycle.
"Income from our mortgage operation continues to make a significant contribution to offset the effects of lower net interest income.
"New account activity is steady." ■