Bank of South Carolina: Q1 Earnings Snapshot

CHARLESTON, S.C. (AP) — CHARLESTON, S.C. (AP) — Bank of South Carolina Corp. (BKSC) on Tuesday reported first-quarter profit of $1.4 million.

The bank, based in Charleston, South Carolina, said it had earnings of 25 cents per share.

The bank holding company posted revenue of $7 million in the period. Its revenue net of interest expense was $5.2 million, surpassing Street forecasts.

Bank of South Carolina shares have declined 18% since the beginning of the year. The stock has decreased 22% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BKSC at https://www.zacks.com/ap/BKSC