Comparing Bank of South Carolina (NASDAQ:BKSC) & Bay Banks of Virginia (OTCMKTS:BAYK)

Earnings and Valuation

This table compares Bay Banks of Virginia and Bank of South Carolina”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bay Banks of Virginia	$55.38 million	2.27	$7.06 million	N/A	N/A
Bank of South Carolina	$21.16 million	4.06	$6.75 million	$1.38	11.51

Bay Banks of Virginia has higher revenue and earnings than Bank of South Carolina.

Profitability

This table compares Bay Banks of Virginia and Bank of South Carolina’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Bay Banks of Virginia	N/A	N/A	N/A
Bank of South Carolina	23.42%	13.59%	1.14%

Insider & Institutional Ownership

0.2% of Bank of South Carolina shares are owned by institutional investors. 7.6% of Bay Banks of Virginia shares are owned by insiders. Comparatively, 29.8% of Bank of South Carolina shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Bank of South Carolina beats Bay Banks of Virginia on 6 of the 8 factors compared between the two stocks.

About Bay Banks of Virginia

Bay Banks of Virginia, Inc., through its subsidiaries, provides various banking products and services to businesses, professionals, and consumers in Virginia. The company accepts checking accounts, savings accounts, money market accounts, cash management accounts, certificates of deposit, and individual retirement accounts. Its loan products include commercial and industrial loans, such as small business loans, asset based loans, and other secured and unsecured loans and lines of credit; purchased loans; residential and commercial mortgages; home equity loans; consumer installment loans; and consumer loans comprising automobile and boat financing, home improvement loans, and unsecured personal loans. The company also provides credit cards; and insurance, online banking, telephone banking, mobile banking, analysis checking, cash management deposit, wire, direct deposit payroll, lockbox, positive pay, and remote deposit services, as well as a line of commercial lending options. In addition, it offers management services, including estate planning and settlement, as well as trust administration, investment, and wealth management services; and revocable and irrevocable living trusts, testamentary trusts, custodial accounts, investment planning, brokerage services, investment managed accounts, and managed and self-directed rollover individual retirement accounts for personal and corporate trusts. As of March 9, 2020, the company operated 17 banking offices located throughout greater Richmond region, the Northern Neck region, Middlesex County, and the Hampton Roads region. Bay Banks of Virginia, Inc. was founded in 1930 and is headquartered in Richmond, Virginia.

About Bank of South Carolina

Bank of South Carolina Corporation operates as a bank holding company for The Bank of South Carolina that provides a range of financial products and services primarily in Charleston, Berkeley, and Dorchester counties of South Carolina. Its deposits include non-interest-bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit. The company offers secured and unsecured commercial loans, commercial real estate construction loans, consumer construction loans, home equity lines of credit, and mortgage originations, as well as paycheck protection program loans. It operates five banking house locations. The company was founded in 1986 and is headquartered in Charleston, South Carolina.