Surrey Bancorp (OTCMKTS:SRYB) vs. Bank of South Carolina (NASDAQ:BKSC) Head to Head Comparison

Institutional & Insider Ownership

3.7% of Surrey Bancorp shares are owned by institutional investors. Comparatively, 0.2% of Bank of South Carolina shares are owned by institutional investors. 33.7% of Surrey Bancorp shares are owned by company insiders. Comparatively, 29.8% of Bank of South Carolina shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Valuation and Earnings

This table compares Surrey Bancorp and Bank of South Carolina”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Surrey Bancorp	$16.20 million	4.23	$5.10 million	$1.52	10.99
Bank of South Carolina	$21.16 million	4.01	$6.75 million	$1.33	11.78

Bank of South Carolina has higher revenue and earnings than Surrey Bancorp. Surrey Bancorp is trading at a lower price-to-earnings ratio than Bank of South Carolina, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

Surrey Bancorp has a beta of 0.65, meaning that its share price is 35% less volatile than the S&P 500. Comparatively, Bank of South Carolina has a beta of 0.28, meaning that its share price is 72% less volatile than the S&P 500.

Profitability

This table compares Surrey Bancorp and Bank of South Carolina’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Surrey Bancorp	37.97%	N/A	N/A
Bank of South Carolina	23.42%	13.59%	1.14%

Dividends

Surrey Bancorp pays an annual dividend of $0.48 per share and has a dividend yield of 2.9%. Bank of South Carolina pays an annual dividend of $0.84 per share and has a dividend yield of 5.4%. Surrey Bancorp pays out 31.6% of its earnings in the form of a dividend. Bank of South Carolina pays out 63.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Summary

Surrey Bancorp beats Bank of South Carolina on 7 of the 13 factors compared between the two stocks.

About Surrey Bancorp

Surrey BanCorp engages in the provision of banking solutions through its subsidiaries, Surrey Bank & Trust . It offers checking accounts, savings, deposit services, mortgages, real estate loans, commercial credit products, business checking, and electronic banking. The company was founded on May 1, 2003 and is headquartered in Mount Airy, NC.

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.