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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Pursuant to Section 13 OR 15(d) of The
Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <TD COLSPAN="4" STYLE="border-bottom: windowtext 1pt solid; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report: April 11, 2012</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Bank of South Carolina Corporation</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="padding-right: 0; padding-left: 0; font-size: 10pt; text-align: center">(Exact name of registrant as specified in its charter)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="padding-right: 0; padding-left: 0; font-size: 10pt; text-align: center">&nbsp;</TD></TR>
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    <TD STYLE="border-bottom: windowtext 1pt solid; padding-right: 0; padding-left: 0; font-size: 10pt; text-align: center">South Carolina</TD>
    <TD COLSPAN="2" STYLE="border-bottom: windowtext 1pt solid; padding-right: 0; padding-left: 0; font-size: 10pt; text-align: center">0-27702</TD>
    <TD STYLE="border-bottom: windowtext 1pt solid; padding-right: 0; padding-left: 0; font-size: 10pt; text-align: center">57-1021355</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 3pt 0; font-size: 10pt; text-align: center">(State or other jurisdiction <BR> of incorporation)</TD>
    <TD COLSPAN="2" STYLE="padding: 3pt 0; font-size: 10pt; text-align: center">(Commission<BR> File Number)</TD>
    <TD STYLE="padding: 3pt 0; font-size: 10pt; text-align: center">(I.R.S. Employer<BR> Identification No.)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="border-bottom: windowtext 1pt solid; padding-top: 3pt; padding-right: 0; padding-left: 0; font-size: 10pt; text-align: center">256 Meeting Street Charleston, SC 29401</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="padding-right: 0; padding-left: 0; font-size: 10pt; text-align: center">(Address of principal executive offices) (Zip Code)</TD></TR>
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    <TD COLSPAN="4" STYLE="padding-right: 0; padding-left: 0; font-size: 10pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 0; padding-left: 0; font-size: 10pt">Registrant&rsquo;s telephone number, including area code</TD>
    <TD COLSPAN="2" STYLE="border-bottom: windowtext 1pt solid; padding-right: 0; padding-left: 0; font-size: 10pt">(843) 724-1500</TD></TR>
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    <TD COLSPAN="4" STYLE="border-bottom: windowtext 1pt solid; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="padding-right: 0; padding-bottom: 3pt; padding-left: 0; font-size: 10pt; text-align: center">(Former name or former address, if changed since last report.)</TD></TR>
<TR>
    <TD STYLE="width: 32%; padding-right: 0; padding-left: 0">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-right: 0; padding-left: 0">&nbsp;</TD>
    <TD STYLE="width: 23%; padding-right: 0; padding-left: 0">&nbsp;</TD>
    <TD STYLE="width: 34%; padding-right: 0; padding-left: 0">&nbsp;</TD></TR>
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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-right: 0; padding-left: 0; text-autospace: none; font-size: 10pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; text-autospace: none; font-size: 10pt">[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; text-autospace: none; font-size: 10pt">[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; text-autospace: none; font-size: 10pt">[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; text-autospace: none; font-size: 10pt">[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 5.07 Submission of Matters to a Vote of Security Holders.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>On April 10, 2012, there were a total of 4,444,940 shares
of Common Stock outstanding and entitled to vote at the Annual Meeting. The following matters were voted upon and approved by the
shareholders at the 2012 Annual Meeting.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

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<TD STYLE="width: 0; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 0.5in; padding-right: 0; padding-left: 0"><B>1.</B></TD><TD STYLE="padding-right: 0; padding-left: 0"><B>The election of seventeen members to the Board of Directors</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

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<TD STYLE="width: 0; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 35pt; padding-right: 0; padding-left: 0"><B>2.</B></TD><TD STYLE="padding-right: 0; padding-left: 0"><B>The ratification of the appointment of Elliott Davis, LLC as the independent auditor for the fiscal year ending 2012.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 35pt; text-indent: -35pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 35pt; text-indent: -35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>The following is a summary of the voting
results for each proposal presented to the shareholders:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>As to proposal number one there were
3,131,572.038226 shares represented in person or by proxy, constituting 70.4525154% of the outstanding shares of the Company voted
as follows:</B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 0; padding-left: 0; font-weight: bold; text-decoration: underline">NAME</TD>
    <TD STYLE="width: 25%; padding-right: 0; padding-left: 0; font-weight: bold; text-decoration: underline">FOR</TD>
    <TD STYLE="width: 25%; padding-right: 0; padding-left: 0; font-weight: bold; text-decoration: underline">WITHHELD</TD>
    <TD STYLE="width: 25%; padding-right: 0; padding-left: 0; font-weight: bold; text-decoration: underline">Broker Non-Vote</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">David W. Bunch</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,125,892.038226</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">5,680</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">Graham M. Eubank, Jr.</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,124,346.236307</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">7,225.801919</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">Fleetwood S. Hassell</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,131,421.038226</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">151</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">Glen B. Haynes</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,131,421.038226</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">151</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">William L. Hiott, Jr.</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,131,108.038226</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">464</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">Katherine M. Huger</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,131,176.390856</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">395.647370</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">Richard W. Hutson, Jr.</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,125,799.038226</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">5,773</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">Charles G. Lane</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,131,416.038226</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">156</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">Hugh C. Lane, Jr.</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,131,421.038226</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">151</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">Louise J. Maybank</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,130,901.390856</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">670.647370</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">Linda J. Bradley-McKee</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,123,942.383754</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">7,629.654472</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">Alan I. Nussbaum</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,123,198.345238</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">8,373.692988</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">Edmund Rhett, Jr.</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,125,727.038226</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">5,845</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">Malcolm M. Rhodes</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,124,015.038266</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">7,557</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">David R. Schools</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,130,651.038266</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">921</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">Sheryl G. Sharry</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,129,749.038226</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,823</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">Steve D. Swanson</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">3,125,024.038226</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">6,548</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; font-weight: bold">1,185,329</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As to Proposal #2 for approval of Elliott
Davis, LLC as independent auditors for the Company for the fiscal year ending December 31, 2012, 4,186,799.711403 shares or 94.192491%
voted in favor, 1,889 shares voted against, no shares abstained and 128,240 broker non-votes.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;&nbsp;</P>



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<P STYLE="margin: 0pt">&nbsp;</P>

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<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>SIGNATURES</B></P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: justify; text-indent: 54pt; margin: 0; font: 10pt Times New Roman, Times, Serif">Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.</P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="margin: 0pt">&nbsp;</P>

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    <TD STYLE="width: 50%; padding-right: 0; padding-left: 0">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-right: 0; padding-left: 0">&nbsp;</TD>
    <TD STYLE="width: 35%; padding-right: 0; padding-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><U>The Bank of South Carolina Corporation</U></B> </FONT> <FONT STYLE="font: normal 10pt Times New Roman, Times, Serif"><BR>
(Registrant)</FONT></TD>
    <TD STYLE="width: 12%; padding-right: 0; padding-left: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0">&nbsp;</TD>
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    <TD STYLE="padding-right: 0; padding-left: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0pt; padding-right: 0; padding-left: 0">Date: April 11, 2012</TD>
    <TD STYLE="padding-right: 0; padding-left: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
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    <TD STYLE="border-bottom-color: #ffffff; border-bottom-style: solid; text-align: left; text-indent: 0pt; padding-right: 0; padding-left: 0">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: left; border-bottom: black 2px solid; padding-right: 0; padding-left: 0">/s/&#160;Sheryl G. Sharry</TD>
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        <P STYLE="margin: 0pt 0">Sheryl G. Sharry</P>
        <P STYLE="margin: 0pt 0">Chief Financial Officer</P>
        <P STYLE="margin: 0pt 0">Executive Vice President and Treasurer</P></TD>
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[{"type": "8-K", "sequence": "1", "filename": "v309072_8k.htm", "description": "FORM 8-K", "secsgml_size_bytes": 23755}]
{"company-data": {"conformed-name": "BANK OF SOUTH CAROLINA CORP", "cik": "0001007273", "assigned-sic": "6022", "irs-number": "571021355", "state-of-incorporation": "SC", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-27702", "film-number": "12753602"}, "business-address": {"street1": "256 MEETING ST", "street2": "P O BOX 538", "city": "CHARLESTON", "state": "SC", "zip": "29402", "phone": "803 724 1500"}, "mail-address": {"street1": "256 MEETING STREET", "city": "CHARLESTON", "state": "SC", "zip": "29402"}}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The
Securities Exchange Act of 1934
Date of Report: April 11, 2012
Bank of South Carolina Corporation
(Exact name of registrant as specified in its charter)
South Carolina
0-27702
57-1021355
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
256 Meeting Street Charleston, SC 29401
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code
(843) 724-1500
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.07 Submission of Matters to a Vote of Security Holders.
On April 10, 2012, there were a total of 4,444,940 shares
of Common Stock outstanding and entitled to vote at the Annual Meeting. The following matters were voted upon and approved by the
shareholders at the 2012 Annual Meeting.
1.
The election of seventeen members to the Board of Directors
2.
The ratification of the appointment of Elliott Davis, LLC as the independent auditor for the fiscal year ending 2012.
The following is a summary of the voting
results for each proposal presented to the shareholders:
As to proposal number one there were
3,131,572.038226 shares represented in person or by proxy, constituting 70.4525154% of the outstanding shares of the Company voted
as follows:
NAME
FOR
WITHHELD
Broker Non-Vote
David W. Bunch
3,125,892.038226
5,680
1,185,329
Graham M. Eubank, Jr.
3,124,346.236307
7,225.801919
1,185,329
Fleetwood S. Hassell
3,131,421.038226
151
1,185,329
Glen B. Haynes
3,131,421.038226
151
1,185,329
William L. Hiott, Jr.
3,131,108.038226
464
1,185,329
Katherine M. Huger
3,131,176.390856
395.647370
1,185,329
Richard W. Hutson, Jr.
3,125,799.038226
5,773
1,185,329
Charles G. Lane
3,131,416.038226
156
1,185,329
Hugh C. Lane, Jr.
3,131,421.038226
151
1,185,329
Louise J. Maybank
3,130,901.390856
670.647370
1,185,329
Linda J. Bradley-McKee
3,123,942.383754
7,629.654472
1,185,329
Alan I. Nussbaum
3,123,198.345238
8,373.692988
1,185,329
Edmund Rhett, Jr.
3,125,727.038226
5,845
1,185,329
Malcolm M. Rhodes
3,124,015.038266
7,557
1,185,329
David R. Schools
3,130,651.038266
921
1,185,329
Sheryl G. Sharry
3,129,749.038226
1,823
1,185,329
Steve D. Swanson
3,125,024.038226
6,548
1,185,329
As to Proposal #2 for approval of Elliott
Davis, LLC as independent auditors for the Company for the fiscal year ending December 31, 2012, 4,186,799.711403 shares or 94.192491%
voted in favor, 1,889 shares voted against, no shares abstained and 128,240 broker non-votes.
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
The Bank of South Carolina Corporation
(Registrant)
Date: April 11, 2012
/s/ Sheryl G. Sharry
Sheryl G. Sharry
Chief Financial Officer
Executive Vice President and Treasurer