The Board of Directors of Bank of South Carolina Corporation, the parent company for The Bank of South Carolina, declared a quarterly cash dividend of $0.16 per share to shareholders of record July 9, 2019, payable July 31, 2019. This represents the 119^th quarterly cash dividend paid to shareholders since 1987.

Fleetwood S. Hassell, President and Chief Executive Officer, stated, "We are pleased to announce a quarterly cash dividend of $0.16 per share representing our 119^th cash dividend since opening in February 1987. We were recently cited by the American Bankers Association as the 24^th most profitable community bank in the country for publicly traded thrifts and banks less than $2 billion in total assets based on a three year return on average equity. With strong capital growth, we remain committed to serving our customers and shareholders as the oldest bank headquartered in Charleston."