Bank of South Carolina Corporation Declares Dividend

Staff Report From South Carolina CEO

Friday, December 20th, 2019

The Board of Directors of Bank of South Carolina Corporation, (NASDAQ: BKSC) the parent company for The Bank of South Carolina, declared a quarterly cash dividend of $0.16 per share to shareholders of record January 2, 2020, payable January 31, 2020. This represents the 121st quarterly cash dividend paid to shareholders since 1987.

Fleetwood S. Hassell, President and Chief Executive Officer, stated, "Given our strong earnings and capital, we are pleased to, once again, reward our shareholders with this cash dividend."