Bank of SO Carolina (BKSC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the filing for Q2 FY2023, filed Aug 4, 2023. Each column of the statement tables below links to the filing it was taken from.
Bank of SO Carolina Corp (BKSC) reported $21.2M in revenue over the twelve months to Jun 30, 2023, up 3.5% from the prior twelve months. This page shows its 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.
The bank earns steadily from a small revenue base, but its liability-heavy balance sheet and cash generation swings reveal dependence on funding flows.
Between FY2021 and FY2022, revenue and net income each fell1.3% , while operating cash flow fell45.8% . With FY2022 operating cash flow of$9.5M still above net income of$6.7M , the sharper cash decline points to volatile balance-sheet flows rather than a comparable collapse in reported earnings.
FY2022 assets were
Operating cash flow exceeded net income, while capital expenditures were just
Financial Health Signals
We do not publish a peer-relative financial health score for Bank of SO Carolina Corp, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Bank of SO Carolina Corp passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), the one computable operating efficiency signal (asset turnover improving) passes.
Key Financial Metrics
Earnings & Revenue
Bank of SO Carolina Corp generated $5.0M in revenue in Q2 2023. This represents a decrease of 1.8% from the same quarter a year earlier. Against the prior quarter it is down 2.1%.
Bank of SO Carolina Corp reported $1.3M in net income in Q2 2023. This represents a decrease of 17.2% from the same quarter a year earlier. Against the prior quarter it is down 19.6%.
Bank of SO Carolina Corp earned $0.23 per diluted share (EPS) in Q2 2023. This represents a decrease of 14.8% from the same quarter a year earlier. Against the prior quarter it is down 17.9%.
Not reported for Q2 2023.
Cash & Balance Sheet
Bank of SO Carolina Corp generated $412K in free cash flow in Q2 2023, representing cash available after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 74.7%.
Bank of SO Carolina Corp held $25.4M in cash as of Q2 2023; no long-term debt figure is on record for that period.
Bank of SO Carolina Corp paid $0.17 per share in dividends in Q2 2023. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Bank of SO Carolina Corp's net profit margin was 25.3% in Q2 2023, showing the share of revenue converted to profit. This is down 4.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 5.5 percentage points.
Bank of SO Carolina Corp's quarterly ROE was 3.0% in Q2 2023: one quarter's net income over shareholder equity, not annualized. This is down 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.6 percentage points.
Not reported for Q2 2023.
Not reported for Q2 2023.
Capital Allocation
Bank of SO Carolina Corp invested $123K in capex in Q2 2023, funding long-term assets and infrastructure. This represents an increase of 46.2% from the same quarter a year earlier. Against the prior quarter it is up 20.0%.
Not reported for Q2 2023.
Not reported for Q2 2023.
BKSC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'23Filing | Q1'23Filing | Q4'22Filing | Q3'22Filing | Q2'22Filing | Q1'22Filing | Q4'21Filing | Q3'21Filing |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.0M-1.8% | $5.1M+6.1% | $5.5M+7.1% | $5.5M+2.9% | $5.1M-2.5% | $4.9M-12.2% | $5.2M-5.9% | $5.3M+2.0% |
| Interest Expense | $1.4M+3654.4% | $931K+2430.4% | $190K+401.2% | $38K-4.6% | $38K-10.6% | $37K-32.5% | $38K-40.1% | $39K-45.5% |
| Income Tax | $380K-16.9% | $266K-40.5% | $527K+13.4% | $546K+3.8% | $458K-11.2% | $447K-21.0% | $465K-12.1% | $526K+1.1% |
| Net Income | $1.3M-17.2% | $1.6M+8.5% | $1.8M+17.5% | $1.8M+6.6% | $1.5M-7.5% | $1.5M-19.1% | $1.5M-11.3% | $1.7M+1.4% |
| EPS (Basic) | $0.23-17.9% | $0.29+11.5% | $0.33+17.9% | $0.33+6.5% | $0.28-6.7% | $0.26-21.2% | $0.28-9.7% | $0.310.0% |
| EPS (Diluted) | $0.23-14.8% | $0.28+7.7% | $0.32+18.5% | $0.33+10.0% | $0.27-6.9% | $0.26-18.8% | $0.27-12.9% | $0.300.0% |
| Diluted Shares (Avg) | 6M-0.9% | 6M-0.8% | N/A | 6M-0.6% | 6M+0.1% | 6M+0.1% | N/A | 6M-0.2% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.
BKSC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'23Filing | Q1'23Filing | Q4'22Filing | Q3'22Filing | Q2'22Filing | Q1'22Filing | Q4'21Filing | Q3'21Filing |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $648.4M-1.1% | $647.4M-2.7% | $653.3M-3.8% | $630.1M-8.9% | $655.5M+12.6% | $665.0M+20.0% | $679.2M+27.6% | $691.8M+30.7% |
| Cash & Equivalents | $25.4M-40.5% | $22.0M-68.3% | $27.8M-80.2% | $9.1M-94.5% | $42.6M-45.8% | $69.4M+16.7% | $140.1M+189.9% | $164.3M+269.2% |
| Total Liabilities | $605.8M-1.3% | $603.9M-2.6% | $614.5M-1.7% | $594.1M-6.8% | $613.8M+16.4% | $620.0M+23.7% | $625.3M+30.9% | $637.4M+34.3% |
| Total Equity | $42.6M+2.3% | $43.5M-3.2% | $38.8M-28.0% | $36.0M-33.8% | $41.6M-23.6% | $45.0M-15.2% | $53.9M-1.9% | $54.4M-0.2% |
| Retained Earnings | $15.0M+22.4% | $14.6M+25.8% | $14.0M+25.9% | $13.1M+24.8% | $12.2M+25.7% | $11.6M+29.2% | $11.1M+27.9% | $10.5M+33.3% |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
BKSC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'23Filing | Q1'23Filing | Q4'22Filing | Q3'22Filing | Q2'22Filing | Q1'22Filing | Q4'21Filing | Q3'21Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $534Kn/m | $1.7M+1.5% | $1.8M-64.4% | $6.0M-19.2% | -$30K-101.0% | $1.7M-14.7% | $5.0M+140.0% | $7.5M+446.8% |
| Depreciation & Amortization | $79K-12.7% | $85K-12.8% | $82K-15.8% | $89K-13.4% | $91K-14.8% | $98K-8.2% | $97K-7.1% | $103K-2.6% |
| Stock-Based Compensation | N/A | $30K+7.7% | N/A | N/A | N/A | $28K+21.7% | N/A | N/A |
| Capital Expenditures | $123K+46.2% | $102K+223.5% | $347K+1259.2% | $102K+44.9% | $84K+395.2% | $32K+8.0% | $26K-16.8% | $71K-1.6% |
| Free Cash Flow | $412Kn/m | $1.6M-2.6% | $1.4M-71.3% | $5.9M-19.8% | -$113K-103.8% | $1.7M-15.1% | $5.0M+142.3% | $7.4M+471.7% |
| Investing Cash Flow | $1.7Mn/m | $4.5Mn/m | -$2.7Mn/m | -$19.0Mn/m | -$19.8Mn/m | -$66.2Mn/m | -$14.7Mn/m | -$30.8Mn/m |
| Financing Cash Flow | $1.2Mn/m | -$12.0Mn/m | $19.6Mn/m | -$20.6M-118.9% | -$6.9M-125.8% | -$6.2M-128.9% | -$14.5M-784.3% | $109.0Mn/m |
| Dividends Paid | $944K0.0% | $944K+0.2% | $944K+0.3% | $944K+0.3% | $944K-36.7% | $942K+0.4% | $941K+0.3% | $941K+6.3% |
Not reported in any period shown, so not listed: Share Buybacks.
BKSC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'23Filing | Q1'23Filing | Q4'22Filing | Q3'22Filing | Q2'22Filing | Q1'22Filing | Q4'21Filing | Q3'21Filing |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 25.3%-4.7pp | 30.9%+0.7pp | 32.8%+2.9pp | 33.7%+1.2pp | 30.0%-1.6pp | 30.2%-2.6pp | 29.9%-1.8pp | 32.6%-0.2pp |
| Return on Equity | 3.0%-0.7pp | 3.6%+0.4pp | 4.7%+1.8pp | 5.1%+1.9pp | 3.7%+0.7pp | 3.3%-0.2pp | 2.9%-0.3pp | 3.2%+0.1pp |
| Return on Assets | 0.2%0.0pp | 0.3%0.0pp | 0.3%+0.1pp | 0.3%0.0pp | 0.2%-0.1pp | 0.2%-0.1pp | 0.2%-0.1pp | 0.3%-0.1pp |
| Liabilities-to-Equity | 14.23-0.5x | 13.88+0.1x | 15.83+4.2x | 16.50+4.8x | 14.75+5.1x | 13.79+4.3x | 11.60+2.9x | 11.71+3.0x |
| Asset Turnover | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x |
| FCF Margin | 8.2%+10.4pp | 31.6%-2.9pp | 25.9%-70.5pp | 108.6% | -2.2%-59.2pp | 34.5%-1.2pp | 96.4%+59.0pp | 139.3% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Bank of SO Carolina Corp BKSC | FY2022 | $21.0M | $6.7M | 31.8% | $110.0M | — |
| Bancorp 34 Inc BCTF | FY2024 | $34.9M | $1.7M | 4.9% | $109.6M | — |
Where Bank of SO Carolina Corp Ranks
Frequently Asked Questions
Bank of SO Carolina Corp (BKSC) reported $21.0M in total revenue for fiscal year 2022. This represents a -1.3% 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.
Bank of SO Carolina Corp (BKSC) revenue declined by 1.3% year-over-year, from $21.2M to $21.0M in fiscal year 2022.
Yes, Bank of SO Carolina Corp (BKSC) reported a net income of $6.5M over the trailing 12 months to June 30, 2023. In fiscal year 2022 it reported a net income of $6.7M, with a net profit margin of 31.8%.
Bank of SO Carolina Corp (BKSC) had a net profit margin of 31.8% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.
Yes, Bank of SO Carolina Corp (BKSC) paid $0.68 per share in dividends during fiscal year 2022.
Bank of SO Carolina Corp (BKSC) has a return on equity of 17.2% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.
Bank of SO Carolina Corp (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.
Bank of SO Carolina Corp (BKSC) generated $9.5M in operating cash flow during fiscal year 2022, representing cash generated from core business activities.
Bank of SO Carolina Corp (BKSC) had $653.3M in total assets as of fiscal year 2022, including both current and long-term assets.
Bank of SO Carolina Corp (BKSC) invested $565K in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.
Bank of SO Carolina Corp (BKSC) had a liabilities-to-equity ratio of 15.83 as of fiscal year 2022, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2022, because the filing data we hold for that year carries no long-term debt figure.
Bank of SO Carolina Corp (BKSC) had a return on assets of 1.0% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.
Bank of SO Carolina Corp (BKSC) trades at 16.9x earnings, its market capitalization divided by $6.5M net income, trailing 12 months to June 30, 2023. The market capitalization is $110.0M as of Nov 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Bank of SO Carolina Corp (BKSC) trades at 5.2x sales, its market capitalization divided by $21.2M revenue, trailing 12 months to June 30, 2023. The market capitalization is $110.0M as of Nov 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Bank of SO Carolina Corp (BKSC) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.