Bank Sth Carolna Financials
This page shows Bank Sth Carolna (BKSC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2022 annual data. Scores normalized against common benchmarks. How we calculate these scores
Bank Sth Carolna's revenue grew 9.4% year-over-year to $19.2M, a solid pace of expansion. This earns a growth score of 55/100.
Bank Sth Carolna has elevated debt relative to equity (D/E of 15.83), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Bank Sth Carolna converts 46.4% of revenue into free cash flow ($8.9M). This strong cash generation earns a score of 100/100.
Bank Sth Carolna earns a strong 17.2% return on equity (ROE), meaning it generates $17 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 69/100. This is up from 12.5% the prior year.
Bank Sth Carolna passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Bank Sth Carolna generates $1.42 in operating cash flow ($9.5M OCF vs $6.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Bank Sth Carolna generated $19.2M in revenue in fiscal year 2022. This represents an increase of 9.4% from the prior year.
Bank Sth Carolna generated $8.9M in free cash flow in fiscal year 2022, representing cash available after capex. This represents a decrease of 48.6% from the prior year.
Bank Sth Carolna reported $6.7M in net income in fiscal year 2022. This represents a decrease of 1.3% from the prior year.
Bank Sth Carolna earned $1.18 per diluted share (EPS) in fiscal year 2022. This represents a decrease of 0.8% from the prior year.
Bank Sth Carolna held $27.8M in cash against $0 in long-term debt as of fiscal year 2022.
Bank Sth Carolna paid $0.68 per share in dividends in fiscal year 2022. This represents a decrease of 12.8% from the prior year.
Bank Sth Carolna had 6M shares outstanding in fiscal year 2022. This represents an increase of 0.2% from the prior year.
Bank Sth Carolna's net profit margin was 34.7% in fiscal year 2022, showing the share of revenue converted to profit. This is down 3.8 percentage points from the prior year.
Bank Sth Carolna's ROE was 17.2% in fiscal year 2022, measuring profit generated per dollar of shareholder equity. This is up 4.6 percentage points from the prior year.
Bank Sth Carolna invested $565K in capex in fiscal year 2022, funding long-term assets and infrastructure. This represents an increase of 297.1% from the prior year.
BKSC Income Statement
| Metric | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.0M+7.0% | $5.6M+6.0% | $5.3M+5.2% | $5.0M+16.2% | $4.3M+3.4% | $4.2M-3.7% | $4.4M-6.0% | $4.6M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $1.4M+52.5% | $931K+390.9% | $190K+405.5% | $38K-0.8% | $38K-3.8% | $39K-7.1% | $42K-22.4% | $55K |
| Income Tax | $380K+43.1% | $266K-49.6% | $527K-3.4% | $546K+17.4% | $465K-11.6% | $526K+2.0% | $515K-8.9% | $566K |
| Net Income | $1.3M-19.6% | $1.6M-12.1% | $1.8M-1.8% | $1.8M+19.6% | $1.5M-10.9% | $1.7M+3.5% | $1.7M-7.8% | $1.8M |
| EPS (Diluted) | $0.23-17.9% | $0.28-12.5% | $0.32-3.0% | $0.33+22.2% | $0.27-10.0% | $0.30+3.4% | $0.29-9.4% | $0.32 |
BKSC Balance Sheet
| Metric | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $648.4M+0.2% | $647.4M-0.9% | $653.3M+3.7% | $630.1M-7.2% | $679.2M-1.8% | $691.8M+18.9% | $581.9M+5.0% | $554.1M |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $25.4M+15.4% | $22.0M-20.8% | $27.8M+206.7% | $9.1M-93.5% | $140.1M-14.7% | $164.3M+108.9% | $78.6M+32.3% | $59.4M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $605.8M+0.3% | $603.9M-1.7% | $614.5M+3.4% | $594.1M-5.0% | $625.3M-1.9% | $637.4M+20.8% | $527.5M+5.3% | $501.1M |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $42.6M-2.2% | $43.5M+12.1% | $38.8M+7.8% | $36.0M-33.2% | $53.9M-0.9% | $54.4M-0.1% | $54.5M+2.7% | $53.0M |
| Retained Earnings | $15.0M+2.3% | $14.6M+4.6% | $14.0M+6.6% | $13.1M+18.1% | $11.1M+5.7% | $10.5M+8.1% | $9.7M+8.1% | $9.0M |
BKSC Cash Flow Statement
| Metric | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $534K-69.1% | $1.7M-2.5% | $1.8M-70.6% | $6.0M+20.7% | $5.0M-33.1% | $7.5M+146.7% | $3.0M+51.2% | $2.0M |
| Capital Expenditures | $123K+20.0% | $102K-70.6% | $347K+239.5% | $102K+300.4% | $26K-63.8% | $71K+316.8% | $17K-42.1% | $29K |
| Free Cash Flow | $412K-74.7% | $1.6M+14.1% | $1.4M-75.9% | $5.9M+19.3% | $5.0M-32.8% | $7.4M+145.7% | $3.0M+52.6% | $2.0M |
| Investing Cash Flow | $1.7M-62.3% | $4.5M+268.7% | -$2.7M+85.9% | -$19.0M-29.4% | -$14.7M+52.4% | -$30.8M-190.4% | -$10.6M+14.6% | -$12.4M |
| Financing Cash Flow | $1.2M+109.6% | -$12.0M-161.3% | $19.6M+195.1% | -$20.6M-42.5% | -$14.5M-113.3% | $109.0M+306.7% | $26.8M+24.4% | $21.5M |
| Dividends Paid | $944K0.0% | $944K0.0% | $944K0.0% | $944K+0.3% | $941K0.0% | $941K-36.9% | $1.5M+58.9% | $938K |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
BKSC Financial Ratios
| Metric | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 21.2%-7.0pp | 28.2%-5.8pp | 34.0%-2.4pp | 36.5%+1.0pp | 35.4%-5.7pp | 41.1%+2.9pp | 38.2%-0.8pp | 39.0% |
| Return on Equity | 3.0%-0.6pp | 3.6%-1.0pp | 4.7%-0.4pp | 5.1%+2.3pp | 2.9%-0.3pp | 3.2%+0.1pp | 3.1%-0.3pp | 3.4% |
| Return on Assets | 0.2%-0.1pp | 0.3%-0.0pp | 0.3%0.0pp | 0.3%+0.1pp | 0.2%-0.0pp | 0.3%-0.0pp | 0.3%-0.0pp | 0.3% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 14.23+0.4 | 13.88-2.0 | 15.83-0.7 | 16.50+4.9 | 11.60-0.1 | 11.71+2.0 | 9.68+0.2 | 9.45 |
| FCF Margin | 6.8%-22.1pp | 28.9%+2.1pp | 26.9%-90.5pp | 117.3%+3.1pp | 114.3%-61.5pp | 175.7%+106.9pp | 68.8%+26.4pp | 42.4% |
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Frequently Asked Questions
What is Bank Sth Carolna's annual revenue?
Bank Sth Carolna (BKSC) reported $19.2M in total revenue for fiscal year 2022. This represents a 9.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Bank Sth Carolna's revenue growing?
Bank Sth Carolna (BKSC) revenue grew by 9.4% year-over-year, from $17.6M to $19.2M in fiscal year 2022.
Is Bank Sth Carolna profitable?
Yes, Bank Sth Carolna (BKSC) reported a net income of $6.7M in fiscal year 2022, with a net profit margin of 34.7%.
What is Bank Sth Carolna's earnings per share (EPS)?
Bank Sth Carolna (BKSC) reported diluted earnings per share of $1.18 for fiscal year 2022. This represents a -0.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Bank Sth Carolna's net profit margin?
Bank Sth Carolna (BKSC) had a net profit margin of 34.7% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.
Does Bank Sth Carolna pay dividends?
Yes, Bank Sth Carolna (BKSC) paid $0.68 per share in dividends during fiscal year 2022.
What is Bank Sth Carolna's return on equity (ROE)?
Bank Sth Carolna (BKSC) has a return on equity of 17.2% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.
What is Bank Sth Carolna's free cash flow?
Bank Sth Carolna (BKSC) generated $8.9M in free cash flow during fiscal year 2022. This represents a -48.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Bank Sth Carolna's operating cash flow?
Bank Sth Carolna (BKSC) generated $9.5M in operating cash flow during fiscal year 2022, representing cash generated from core business activities.
What are Bank Sth Carolna's total assets?
Bank Sth Carolna (BKSC) had $653.3M in total assets as of fiscal year 2022, including both current and long-term assets.
What are Bank Sth Carolna's capital expenditures?
Bank Sth Carolna (BKSC) invested $565K in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.
How many shares does Bank Sth Carolna have outstanding?
Bank Sth Carolna (BKSC) had 6M shares outstanding as of fiscal year 2022.
What is Bank Sth Carolna's debt-to-equity ratio?
Bank Sth Carolna (BKSC) had a debt-to-equity ratio of 15.83 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Bank Sth Carolna's return on assets (ROA)?
Bank Sth Carolna (BKSC) had a return on assets of 1.0% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.
What is Bank Sth Carolna's Piotroski F-Score?
Bank Sth Carolna (BKSC) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Bank Sth Carolna's earnings high quality?
Bank Sth Carolna (BKSC) has an earnings quality ratio of 1.42x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Bank Sth Carolna?
Bank Sth Carolna (BKSC) scores 56 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.