Bank of South Carolina Corporation Declares Dividend and Announces National Recognition

The bank ranking was based on average return on equity over the three years from 2023 through 2025.

Rhea-AI Summary

Bank of South Carolina (BKSC), parent company of The Bank of South Carolina, declared a quarterly cash dividend of $0.25 per share.

The dividend is payable October 30, 2026, to shareholders of record October 6, 2026. It is the company's 148th quarterly cash dividend. The bank ranked 59th on a 2026 list of publicly traded community banks with assets under $2 billion, the highest rank for a South Carolina-headquartered bank.

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CHARLESTON, S.C., Sept. 24, 2026 /PRNewswire/ -- Today, the Board of Directors of Bank of South Carolina Corporation, (OTCQX: BKSC) the parent company for The Bank of South Carolina, declared a quarterly cash dividend of $0.25 per share to shareholders of record October 6, 2026, payable October 30, 2026.  This represents the 148^th quarterly cash dividend paid to shareholders. 

The Bank of South Carolina was also recently recognized as one of the nation's top 200 publicly traded community banks with assets under $2 billion.

Ranked 59^th on the 2026 list, The Bank of South Carolina is the highest-ranked bank headquartered in South Carolina to be recognized this year. The ranking was published by American Banker on July 13, 2026, and developed by Capital Performance Group, a consulting firm based in Washington, D.C. The rankings are based on average return on equity over the three years from 2023 through 2025.

Eugene H. Walpole, IV, President and Chief Executive Officer, stated, "As we prepare to enter the final quarter of the year, we are encouraged by our year-to-date earnings and strong capital position, which allow us to continue returning a portion of our profits to our loyal shareholders.  We are also proud to once again be recognized among the nation's top performing community banks and as the highest-ranked South Carolina bank on this year's list.  Our wonderful employees and customers deserve the credit for this achievement."

About Bank of South Carolina Corporation

The Bank of South Carolina Corporation is the holding company of The Bank of South Carolina ("The Bank"). The Bank is a South Carolina state-chartered financial institution with offices in Charleston, North Charleston, Summerville, Mt. Pleasant, James Island, and the West Ashley community and has been in continuous operation since 1987.  Our website is www.banksc.com. Bank of South Carolina Corporation currently trades its common stock on the OTCQX® Best Market under the symbol "BKSC".

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SOURCE Bank of South Carolina

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When is Bank of South Carolina's BKSC dividend payable, and who qualifies?

The $0.25-per-share quarterly cash dividend is payable October 30, 2026, to shareholders of record October 6, 2026.

How was The Bank of South Carolina's 2026 community-bank ranking determined?

The ranking was based on average return on equity over the three years from 2023 through 2025. Capital Performance Group developed the ranking, which American Banker published on July 13, 2026.