BANK OF SOUTH CAROLINA
CHARLESTON, SOUTH CAROLINA · FDIC Cert #26912
Capital & Safety Analysis
According to FDIC financial data, BANK OF SOUTH CAROLINA holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject BANK OF SOUTH CAROLINA to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
BANK OF SOUTH CAROLINA shows average financial health. While not alarming, its Health Score of 62/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
BANK OF SOUTH CAROLINA has a Bank Health Score of C (62/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
BANK OF SOUTH CAROLINA holds $582M in total assets and $510M in total deposits. It is located in CHARLESTON, SOUTH CAROLINA (FDIC Certificate #26912).
BANK OF SOUTH CAROLINA has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.09%, and the return on assets is 1.29%.
Yes. BANK OF SOUTH CAROLINA is FDIC-insured (Certificate #26912). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.