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Wednesday, December 2, 2009, 6:37PM ET - U.S. Markets Closed. Dow Down 0.18% Nasdaq Up 0.42%
The Bank of South Carolina Corporation (BKSC)At 3:51PM ET: 10.50  Down 0.92 (8.02%)  
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The Bank of South Carolina Corporation
256 Meeting Street
Charleston, SC 29401
United States - Map
Phone: 843-724-1500
Fax: 843-723-1473
Web Site: http://www.banksc.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:64

BUSINESS SUMMARY 
Bank of South Carolina Corporation operates as the holding company for The Bank of South Carolina, which provides commercial banking services to individuals, and small and medium-sized businesses. It accepts a range of deposit products, which include non-interest bearing checking accounts, interest bearing negotiable order of withdrawal accounts, savings accounts, money market accounts, health savings accounts, certificate of deposit accounts, term certificates, and individual retirement accounts. The company also offers various commercial loans, including secured and unsecured loans for working capital, business expansion, and purchase of machinery and equipment; real estate loans for land acquisition, land development, or construction loans; personal loans consisting of secured and unsecured loans for financing automobiles, home improvements, education, lot acquisition, construction, home equity loans, and personal investments; and mortgage loans. In addition, it provides credit cards, personal checking account related line of credit, safe deposit boxes, letters of credit, traveler’s checks, direct deposit of payroll, social security, and dividend payments and automatic payment of insurance premiums and mortgage loans, as well as Internet banking services. As of March 31, 2009, it operated four locations in Charleston, Summerville, and Mt. Pleasant, South Carolina. The company was founded in 1986 and is headquartered in Charleston, South Carolina.
Key Statistics

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    CORPORATE GOVERNANCE 
    The Bank of South Carolina Corporation's Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 33.9% of CGQ Universe companies and 19.6% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Hugh C. Lane Jr., 61
    Chairman, Chief Exec. Officer, Pres and Chairman of Exec. & Long-Range Planning Committee
    $ 210.00K $ 245.00K
    Mr. William L. Hiott Jr., 64
    Exec. VP, Treasurer, Director and Member of Exec. & Long-Range Planning Committee
    $ 180.00K $ 111.00K
    Fleetwood S. Hassell , 49
    Exec. VP, Director and Member of Exec. & Long-Range Planning Committee
    $ 145.00K $ 66.00K
    Mr. Richard W. Hutson Jr., 51
    Sec., Director and Member of Audit & Compliance Committee
    $ 4.00KN/A
    Mr. Richard Hutchins ,
    Sec.
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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