Bank of SC Co. (NASDAQ:BKSC) Director Charles G. Lane purchased 2,000 shares of the company’s stock in a transaction dated Thursday, December 6th. The shares were acquired at an average cost of $18.75 per share, with a total value of $37,500.00. Following the purchase, the director now directly owns 162,862 shares of the company’s stock, valued at approximately $3,053,662.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of BKSC stock traded up $0.22 during trading hours on Thursday, hitting $18.67. 2,054 shares of the company’s stock traded hands, compared to its average volume of 3,236. The company has a market capitalization of $101.68 million, a P/E ratio of 17.16 and a beta of -0.14. Bank of SC Co. has a 12 month low of $18.00 and a 12 month high of $23.00.

Bank of SC (NASDAQ:BKSC) last released its quarterly earnings results on Thursday, October 11th. The bank reported $0.32 earnings per share (EPS) for the quarter. Bank of SC had a net margin of 30.23% and a return on equity of 13.88%.

An institutional investor recently raised its position in Bank of SC stock. Brown Advisory Inc. grew its holdings in shares of Bank of SC Co. (NASDAQ:BKSC) by 9.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 254,921 shares of the bank’s stock after acquiring an additional 21,588 shares during the period. Brown Advisory Inc. owned about 4.64% of Bank of SC worth $5,277,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 11.61% of the company’s stock.

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Bank of SC Company Profile

Bank of South Carolina Corporation operates as the holding company for The Bank of South Carolina that provides commercial banking services to individuals, professionals, and small and middle market businesses in South Carolina. The company offers a range of deposit products, including non-interest bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.

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