The Bank of South Carolina: how it compares with its peers
Against 19 SC banks with half to twice its assets, The Bank of South Carolina's strongest measure in Q2 2026 is net interest margin (4.61% vs. a 3.85% peer median). Its weakest relative measure is efficiency ratio (56.15% vs. 61.11%).
| Measure | The Bank of South Carolina | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.56% | 1.24% | Top third Ahead of 68% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.61% | 3.85% | Top third Ahead of 95% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 56.15% | 61.11% | Middle third Ahead of 58% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.1M | $6.9M | Middle third Ahead of 58% of peers |
| Loans to deposits Net loans and leases over total deposits. | 73.41% | 70.16% | Context |
What it means for lending operations
Its efficiency ratio of 56.15% is better than the 61.11% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- First Piedmont Federal Savings and Loan Association of Gaffney Gaffney, SC · $597M
- Palmetto State Bank Hampton, SC · $597M
- Enterprise Bank of South Carolina Ehrhardt, SC · $535M
- Oconee Federal Savings and Loan Association Seneca, SC · $679M
- The Peoples Bank Iva, SC · $447M
- The Bank of Clarendon Manning, SC · $438M
Questions about The Bank of South Carolina
How big is The Bank of South Carolina?
The Bank of South Carolina, established in 1987, is headquartered in Charleston, SC. It reported $571M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is The Bank of South Carolina's return on assets?
1.56% annualized in Q2 2026, against a 1.24% median for 19 SC banks with half to twice its assets, ahead of 68% of them.
What is The Bank of South Carolina's efficiency ratio?
56.15% in Q2 2026: it spent about 56 cents in noninterest expense for each dollar of revenue. The peer median is 61.11%, and lower is better.
Is The Bank of South Carolina growing its loans?
Net loans grew 1.8% over the year to Q2 2026, while deposits shrank 2.3%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are SC banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every South Carolina bank ranked.