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Bank of South Carolina Corporation: A Milestone Month in September 2026

In a significant move for its investors, the Bank of South Carolina Corporation, the parent entity of The Bank of South Carolina, has recently announced a quarterly cash dividend of $0.25 per share. This dividend, set to be paid to shareholders on October 30, 2026, is a testament to the bank’s consistency, marking its 148th cash dividend to shareholders since its inception.

The announcement was made public on September 24, 2026, following a board meeting that reflects the institution's strong capital position and robust year-to-date earnings. These factors have created an environment conducive to returning profits to shareholders who have remained loyal despite the fluctuations in the banking sector.

Recognition of Excellence

In addition to the dividend declaration, the Bank of South Carolina garnered further praise by being ranked 59th among the nation's top 200 publicly traded community banks with assets under $2 billion. This accolade was bestowed by American Banker on July 13, 2026, and highlights the bank's performance based on its average return on equity over the three-year period from 2023 to 2025. Importantly, it stands as the highest-ranked bank headquartered in South Carolina.

Eugene H. Walpole, IV, the bank's President and Chief Executive Officer, expressed pride in this achievement, recognizing the hard work of employees and support from customers as keys to this success. Walpole noted, “We are also proud to again be recognized among the nation's top performing community banks.” His remarks emphasize the continuous effort of the bank to provide commendable service and value to its stakeholders.

Understanding the Bank's Operations

Founded in 1987, The Bank of South Carolina operates as a state-chartered financial institution with a suite of services tailored to meet the needs of its community. With locations in Charleston, North Charleston, Summerville, Mount Pleasant, James Island, and the West Ashley community, the bank has established a strong presence in South Carolina.

As a community bank, the institution prioritizes personal relationships with its clients and aims to support local economies. The recent recognition by American Banker is a reflection of its effective management practices as well as its focus on community engagement.

In an ever-changing financial landscape, the ability to declare a dividend and secure a place among the top community banks speaks volumes about the stability and reliability of the Bank of South Carolina Corporation. The board's decision to reward shareholders is a positive sign for future growth as well as an endorsement of their current operational strategies.

Looking Ahead

As the final quarter of 2026 approaches, the Bank of South Carolina Corporation appears well-poised to sustain its momentum. With a commitment to increasing shareholder returns and recognition for its inherent value, it stands ready to navigate the challenges of the financial sector. The combination of a strong leadership team, dedicated employees, and a loyal customer base sets up further potential successes as the bank looks toward the future.

For more information about the Bank of South Carolina Corporation and its services, you may visit their official website at www.banksc.com, where investors and customers can keep updated on their latest news and offerings.