Form 8-K BANK OF SOUTH CAROLINA For: Dec 18
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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Date of Report: December 18, 2014
BANK OF SOUTH CAROLINA CORPORATION
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(Exact name of registrant as specified in its charter)
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| South Carolina | 0-27702 | 57-1021355 |
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(State or other jurisdiction� of incorporation)� |
(Commission� File Number)� |
(I.R.S. Employer� Identification No.)� |
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| 256 Meeting Street, Charleston, SC | 29401 |
| (Address of principal executive offices) | (Zip Code) |
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| Registrant’s telephone number, including area code | (843)724-1500 |
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| � |
| (Former name or former address, if changed since last report.) |
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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| � | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| � | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| � | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| � | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Item 8.01 OTHER EVENTS
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On December 18, 2014 the Bank of South Carolina Corporation issued a press release announcing a $.13 cash dividend. The information contained in the press release is deemed to be “filed” under the Securities Exchange Act of 1934 as Item 8.01 to this report, and such press release is incorporated herein by reference.
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Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS
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| (d) | Exhibits. |
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The following Exhibit is filed as part of this report
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| � | Exhibit 99.1 |
Press release dated December 18, 2014� |
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.�
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| � | Bank of South Carolina Corporation |
| � | (Registrant) |
| � | � |
| � | � |
| � | Date: December 18, 2014 |
| � | � |
| � | � |
| � | /s/Sheryl G. Sharry |
| � | Sheryl G. Sharry |
| � | Chief Financial Officer |
| � | Executive Vice President |
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Bank of South Carolina Corporation Declares Dividend
CHARLESTON, S.C., Dec. 18, 2014 /PRNewswire/ -- Today, the Board of Directors of Bank of South Carolina Corporation, (NASDAQ: BKSC) the parent Company for The Bank of South Carolina, declared a quarterly dividend of $.13 per share to shareholders of record December 30, 2014, payable January 30, 2015. Fleetwood S. Hassell, President and Chief Executive Officer, stated, "2014 has proven to be an extraordinary year for our Bank. We are pleased, for the 101st time, to declare a cash dividend to our shareholders."
The Bank of South Carolina, a De Novo Charter, which opened in 1987 at 256 Meeting Street, has offices in Summerville, Mt. Pleasant, and the West Ashley community. Our website is www.banksc.com. Bank of South Carolina Corporation currently trades its common stock on the NASDAQ stock market under the symbol "BKSC".
CONTACT: Sheryl G. Sharry, TELEPHONE: (843) 724-1500
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