CHARLESTON, S.C. (AP) — CHARLESTON, S.C. (AP) — Bank of South Carolina Corp. (BKSC) on Tuesday reported first-quarter profit of $1.6 million.

The Charleston, South Carolina-based bank said it had earnings of 28 cents per share.

Bank of South Carolina shares have dropped 7% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $15.22, a drop of 17% in the last 12 months.

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