Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Bank of South Carolina Corporation Announces Earnings for 2012

CHARLESTON, S.C., Jan. 10, 2013 /PRNewswire/ -- Bank of South Carolina Corporation (Nasdaq: BKSC) announced earnings of $3,666,828 or $.82 per share for the twelve months ended December 31, 2012 – an increase of 14.97% from earnings for the twelve months ended December 31, 2011 of $3,189,318 or $.72 per share.  Earnings for the quarter ended December 31, 2012 increased $157,221 or 18.83% to $992,173 compared to $834,952 for the quarter ended December 31, 2011.

Fleetwood S. Hassell, President and Chief Executive Officer of The Bank of South Carolina stated, "We were quite pleased with the Bank's earnings for 2012, which were the third best in our company's history.  Average total loan growth for 2012 was 3.7%, primarily as a result of a sharp increase in mortgage loans to be sold.  Mortgage banking income increased 104.22% from $674,705 to $1,377,888 for the year 2012 as compared to 2011.  This contribution was a driving force for our success in the year.  2012 returns on average equity of 10.97% and on average assets of 1.16% continue to remain strong and compare favorably to 2011 returns of 10.48% and 1.03%, respectively.  We remain committed to the fundamentals of community banking.  Our business model of asset quality, low cost funding sources and efficient operations will continue to serve us well as we move through 2013.  We look forward to the year."

The Bank of South Carolina, a De Novo Charter, which opened in 1987 at 256 Meeting Street, has offices in Summerville, Mt. Pleasant, and the West Ashley community.  Our website is www.banksc.com.  Bank of South Carolina Corporation currently trades its common stock on the NASDAQ stock market under the symbol "BKSC". 


Bank of South Carolina



Corporation (BKSC)



Report of Earnings







December 31,

December 31,


2012

2011




Shares Outstanding



BKSC Common Stock   

4,446,239

4,444,940







Book Value Per Share 

$          7.63

$               7.20




Total Assets                   

$  325,289,437

$  334,028,769







3 Months



Ended






Net Income              

$992,173

$834,952




Basic Earnings Per Share 

$.22

$.20




Diluted Earnings Per Share 

$.22

$.20




Weighted Average Shares



Outstanding Basic 

4,495,099

4,444,940




Weighted Average Shares



Outstanding Diluted        

4,495,099

4,444,940




12 Months



Ended






Net Income                      

$3,666,828

$3,189,318




Basic Earnings Per Share  

$.82

$.72




Diluted Earnings Per Share

$.82

$.72




Weighted Average Shares



Outstanding Basic  

4,445,738

4,439,887




Weighted Average Shares



Outstanding Diluted           

4,445,738

4,439,887

 

SOURCE Bank of South Carolina Corporation

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits...
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. ...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you canno...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, ena...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Mic...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE