Bank of South Carolina Corporation
 
 
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-KSB/A
AMENDMENT NO. 1 TO FORM 10KSB
x            ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2007
o            TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from __________ to __________
Commission file number: 0-27702
BANK OF SOUTH CAROLINA CORPORATION
(Name of small business issuer in its charter)
     
South Carolina   57-1021355
     
(State or other jurisdiction of   (IRS Employer
incorporation or organization)   Identification Number)
     
256 Meeting Street, Charleston, SC   29401
     
(Address of principal executive offices)   (Zip Code)
Issuer’s telephone number: (843) 724-1500
Securities registered under Section 12(b) of the Exchange Act: NONE
Securities registered under Section 12(g) of the Exchange Act:
Common Stock
(Title of Class)
Check whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes x       No o
Check if disclosure of delinquent filers in response to Item 405 of Regulation S-B is not contained in this form, and no disclosure will be contained to the best of the registrant’s knowledge, in definitive proxy information statements incorporated by reference in Part III of this Form 10-KSB or any amendments to this Form 10-KSB.
Not applicable
Issuer’s revenues for its most recent fiscal year: $18,164,343
Aggregate market value of the voting stock held by non-affiliates, computed by reference to the closing price of such stock on February 22, 2008 was: $53,418,324
As of February 22, 2008, the Registrant has outstanding 3,953,984 shares of common stock.
Transitional Small Business Disclosure Format (check one): Yes o       No x
 
 

 


 

EXPLANATORY NOTE
This Form 10-KSB/A is being filed to include all required disclosures under Item 4 Section 302 of the Sarbanes Oxley Act (Certifications). One discloser was inadvertently omitted from the original Form 10-KSB. No other changes have been made to the original Form 10-KSB.