Revenue Update on Bank of SC Corporation(NASDAQ:BKSC)

Bank of SC Corporation(NASDAQ:BKSC) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 14, 2016. Earnings per share were $0.26.

Bank of SC Corporation (BKSC) made into the market gainers list on Mondays trading session with the shares advancing 3.19% or 0.51 points. Due to strong positive momentum, the stock ended at $16.5, which is also near the day’s high of $16.5. The stock began the session at $16.18 and the volume stood at 413 shares. The 52-week high of the shares is $17.3004 and the 52 week low is $13.472727. The company has a current market capitalization of $81 M and it has 49,28,507 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 24, 2016, Douglas H Sass (Executive Vice President) purchased 1,100 shares at $9.47 per share price.Also, On May 4, 2016, Susanne King Boyd (Chief Operating Officer) purchased 1 shares at $16.22 per share price.On Feb 18, 2016, Sheryl G Sharry (CFO) purchased 1,227 shares at $14.69 per share price, according to the Form-4 filing with the securities and exchange commission.

Bank of South Carolina Corporation is a financial institution holding company. The Company offers a range of financial services through its wholly owned subsidiary The Bank of South Carolina (the Bank). The Bank is a state-chartered commercial bank which operates principally in the Charleston Dorchester and Berkeley counties of South Carolina. The Company offers various deposits including non-interest bearing accounts negotiable order of withdrawal (NOW) accounts money market accounts time deposits and savings accounts. The Company’s loan offering includes commercial and industrial loans; real estate loans; loans to individuals for household family and other personal expenditures and all other loans including overdrafts.

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