Bank of South Carolina Corp
Bank of South Carolina Corporation operates as a bank holding company for The Bank of South Carolina that provides financial products and services primarily in Charleston, Berkeley, and Dorchester counties of South Carolina. Its deposits include non-interest-bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit. The c… Read more
Bank of South Carolina Corp (BKSC) - Total Assets
Latest total assets as of June 2023: $648.41 Million USD
Based on the latest financial reports, Bank of South Carolina Corp (BKSC) holds total assets worth $648.41 Million USD as of June 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Bank of South Carolina Corp - Total Assets Trend (1991–2023)
This chart illustrates how Bank of South Carolina Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bank of South Carolina Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Bank of South Carolina Corp's total assets of $648.41 Million consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.5% |
| Accounts Receivable | $2.38 Million | 0.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1991–2023)
This chart illustrates how Bank of South Carolina Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Bank of South Carolina Corp's current assets represent 0.0% of total assets in 2023, a decrease from 11.6% in 1991.
- Cash Position: Cash and equivalents constituted 3.5% of total assets in 2023, down from 10.6% in 1991.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1991.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Bank of South Carolina Corp Competitors by Total Assets
Key competitors of Bank of South Carolina Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Bank of South Carolina Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Bank of South Carolina Corp generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Bank of South Carolina Corp generates $ 0.87 in net profit.
Bank of South Carolina Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 6.96 | 20.34 | 62.98 |
| Quick Ratio | 6.96 | 20.34 | 62.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $227.22 Million | $ 265.64 Million | $ 126.23 Million |
Bank of South Carolina Corp - Advanced Valuation Insights
This section examines the relationship between Bank of South Carolina Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.42 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -3.0% |
| Total Assets | $633.82 Million |
| Market Capitalization | $46.48 Million USD |
Valuation Analysis
Below Book Valuation: The market values Bank of South Carolina Corp's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Bank of South Carolina Corp's assets decreased by 3.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Bank of South Carolina Corp (1991–2023)
The table below shows the annual total assets of Bank of South Carolina Corp from 1991 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $633.82 Million | -2.99% |
| 2022-12-31 | $653.35 Million | -3.81% |
| 2021-12-31 | $679.22 Million | +27.55% |
| 2020-12-31 | $532.49 Million | +19.66% |
| 2019-12-31 | $445.01 Million | +3.70% |
| 2018-12-31 | $429.14 Million | -3.90% |
| 2017-12-31 | $446.57 Million | +7.88% |
| 2016-12-31 | $413.95 Million | +3.70% |
| 2015-12-31 | $399.17 Million | +8.70% |
| 2014-12-31 | $367.23 Million | +7.72% |
| 2013-12-31 | $340.89 Million | +4.76% |
| 2012-12-31 | $325.41 Million | -2.58% |
| 2011-12-31 | $334.03 Million | +19.07% |
| 2010-12-31 | $280.52 Million | +5.49% |
| 2009-12-31 | $265.91 Million | +9.13% |
| 2008-12-31 | $243.67 Million | +8.22% |
| 2007-12-31 | $225.16 Million | -7.52% |
| 2006-12-31 | $243.47 Million | +9.42% |
| 2005-12-31 | $222.52 Million | +10.58% |
| 2004-12-31 | $201.24 Million | +7.42% |
| 2003-12-31 | $187.34 Million | +10.54% |
| 2002-12-31 | $169.48 Million | +6.95% |
| 2001-12-31 | $158.47 Million | -0.82% |
| 2000-12-31 | $159.78 Million | +3.31% |
| 1999-12-31 | $154.65 Million | +6.66% |
| 1998-12-31 | $145.00 Million | +16.47% |
| 1997-12-31 | $124.50 Million | +21.11% |
| 1996-12-31 | $102.80 Million | +7.98% |
| 1995-12-31 | $95.20 Million | +23.32% |
| 1994-12-31 | $77.20 Million | -3.74% |
| 1993-12-31 | $80.20 Million | +4.02% |
| 1992-12-31 | $77.10 Million | -5.05% |
| 1991-12-31 | $81.20 Million | -- |