Company profile

Ticker
BKSC
Exchange
Website
CEO
Fleetwood S. Hassell
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
571021355

BKSC stock data

(
)

Calendar

4 May 20
12 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 4.3M 4.58M 4.83M 4.81M
Net income 1.52M 1.77M 2.01M 1.84M
Diluted EPS 0.27 0.32 0.36 0.33
Net profit margin 35.36% 38.74% 41.73% 38.24%
Net change in cash 58.06M -9.32M 13.32M 17.77M
Cash on hand 107.16M 49.09M 58.42M 45.1M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 18.91M 18.14M 16.17M 15.3M
Net income 7.32M 6.92M 4.9M 5.25M
Diluted EPS 1.31 1.24 0.88 0.94
Net profit margin 38.70% 38.17% 30.32% 34.30%
Net change in cash 17.26M -687.98K 6.28M -2.95M
Cash on hand 49.09M 31.83M 32.52M 26.24M

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
24 Jun 20 Fleetwood S Hassell Common Stock Buy Aquire P No 8.61 2,420 20.84K 55,200
24 Jun 20 Douglas H Sass Common Stock Buy Aquire P No 8.61 1,210 10.42K 16,597
24 Jun 20 Fleetwood S Hassell Common Stock Other Dispose J No 17.23 1,210 20.85K 53,990
16 Jun 20 Eugene H IV Walpole Common Stock Buy Aquire P No 16.2 100 1.62K 5,747.105
12 May 20 Eugene H IV Walpole Common Stock Buy Aquire P No 15.995 100 1.6K 5,647.105
6.0% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 22 27 -18.5%
Opened positions 3 4 -25.0%
Closed positions 8 4 +100.0%
Increased positions 4 3 +33.3%
Reduced positions 9 8 +12.5%
13F shares
Current Prev Q Change
Total value 886.39M 1.17B -24.2%
Total shares 329.09K 442.09K -25.6%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Vanguard 79.51K $1.19M +0.2%
John W. Rosenthal Capital Management 58.78K $882.33M -2.1%
BAC Bank of America 45.3K $679K -17.9%
Dimensional Fund Advisors 25.04K $376K +3.2%
Brown Advisory 21.77K $326K -28.6%
NTRS Northern Trust 21.67K $325K +1.0%
NEU Neuberger Berman 20.7K $311K NEW
MS Morgan Stanley 18.11K $272K -10.6%
Benson Investment Management 14.59K $219K 0.0%
Geode Capital Management 12.18K $182K +6.0%
Largest transactions
Shares Bought/sold Change
Pwmco 0 -60.41K EXIT
NEU Neuberger Berman 20.7K +20.7K NEW
Renaissance Technologies 0 -11.94K EXIT
Apollon Wealth Management 0 -10.8K EXIT
SNV Synovus Financial 0 -10.53K EXIT
BAC Bank of America 45.3K -9.85K -17.9%
Brown Advisory 21.77K -8.73K -28.6%
Sunbelt Securities 0 -7.58K EXIT
BLK BlackRock 1.89K -5.71K -75.1%
DB Deutsche Bank 0 -5.04K EXIT

Financial report summary

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Management Discussion
  • Net income increased $0.4 million or 5.71% to $7.3 million, or basic and diluted income per share of $1.33 and $1.31, respectively, for the year ended December 31, 2019 from $6.9 million or basic and diluted income per share of $1.26 and $1.24, respectively, for the year ended December 31, 2018. The increase in net income was primarily due to rising interest rates in the first half of the year on interest-earning assets and a decrease in other operating expenses. Our returns on average assets and average equity for the year ended December 31, 2019 were 1.66% and 14.86%, respectively, compared with 1.61% and 15.85%, respectively, for the year ended December 31, 2018.
  • Net interest income increased $0.7 million or 3.75% to $18.1 million for the year ended December 31, 2019 from $17.4 million for the year ended December 31, 2018. This increase was primarily due to increases in interest and fees on loans. Interest and fees on loans increased $0.9 million or 5.74% to $16.0 million for the year ended December 31, 2019 from $15.1 million for the year ended December 31, 2018, as the result of the higher Federal Funds target rate set by the Federal Reserve during the first half of the year during an expansion of our loan portfolio.
  • Average earning assets increased $1.9 million or 0.46% to $422.6 million for the year ended December 31, 2019 from $420.7 million for the year ended December 31, 2018. This is primarily related to the increase in the average balance of loans and interest-bearing deposits at the Federal Reserve offset by decreases in average investment securities.
Content analysis ?
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Readability
H.S. freshman Avg
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