Hugh Lane Net Worth

The estimated Net Worth of Hugh C Jr Lane is at least $396 Thousand dollars as of 30 August 2023. Mr. Lane owns over 5,000 units of Bank Of South Carolina stock worth over $58,050 and over the last 21 years he sold BKSC stock worth over $0. In addition, he makes $337,738 as Chairman of the Board at Bank Of South Carolina.

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Mr. Lane BKSC stock SEC Form 4 insiders trading

Hugh has made over 63 trades of the Bank Of South Carolina stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 5,000 units of BKSC stock worth $59,950 on 30 August 2023.

The largest trade he's ever made was buying 10,815 units of Bank Of South Carolina stock on 31 August 2011 worth over $101,228. On average, Hugh trades about 412 units every 15 days since 2003. As of 30 August 2023 he still owns at least 5,000 units of Bank Of South Carolina stock.

You can see the complete history of Mr. Lane stock trades at the bottom of the page.

Hugh Lane biography

Hugh C. Lane Jr. serves as Chairman of the Board of the Company. Mr. Lane, brother of Charles G. Lane, organized the Bank in 1986, where he served as President/Chief Executive Officer of the Bank from 1986 until 2012. He served as Chairman of the Board of Directors of the Bank since its organization in 1986, and Chairman of the Board of Directors of the Company since its organization in 1995. Mr. Lane was born in Charleston, SC. He earned a BA in economics from the University of Pennsylvania. Mr. Lane began his banking career at Citizens and Southern National Bank of Georgia in Atlanta. His banking career also included working in the Bond, Leasing, and International Departments at the Chemical Bank in New York, City Executive of Citizens and Southern National Bank, Sumter South Carolina, and Executive Vice President, heading the Citizens and Southern National Bank’s Southern Region. Mr. Lane also served on the Board of Directors of Citizens and Southern National Bank of South Carolina for 14 years. Mr. Lane formerly served as an Administrator and Trustee of the Bank of South Carolina Employee Stock Ownership Plan and Trust. In addition to his responsibilities at The Bank of South Carolina, Mr. Lane is the former Chairman of the Charleston County Conservation Board, former Vice Chairman of the Baruch Foundation, and is currently Treasurer of Board of Trustees of Ashley Hall School. He has been the recipient of Honorary Doctorates from Charleston Southern University, The Citadel, and Wofford College. He has also received the “Distinguished Citizen Award” from Wofford College National Alumni Council, the Avery Citizenship Award for outstanding community service, the Joseph P. Riley Leadership Award, and the Order of the Palmetto presented by the Governor of South Carolina. In 2015, Mr. Lane was inducted into the South Carolina Business Hall of Fame. Mr. Lane serves on the Executive/Long-Range Planning Committee, Asset Liability/Investment Committee, Community Reinvestment Act Committee, and Loa

What is the salary of Hugh Lane?

As the Chairman of the Board of Bank Of South Carolina, the total compensation of Hugh Lane at Bank Of South Carolina is $337,738. There are no executives at Bank Of South Carolina getting paid more.

How old is Hugh Lane?

Hugh Lane is 71, he's been the Chairman of the Board of Bank Of South Carolina since 2012. There are 2 older and 21 younger executives at Bank Of South Carolina. The oldest executive at Bank Of South Carolina Corp. is William Hiott, 75, who is the Independent Director.

What's Hugh Lane's mailing address?

Hugh's mailing address filed with the SEC is P. O. BOX 538, , CHARLESTON, SC, 29402-0538.

Insiders trading at Bank Of South Carolina

Over the last 21 years, insiders at Bank Of South Carolina have traded over $131,504 worth of Bank Of South Carolina stock and bought 1,113,669 units worth $23,986,588 . The most active insiders traders include Fleetwood S Hassell, Sheryl G Sharry, and Douglas H Sass. On average, Bank Of South Carolina executives and independent directors trade stock every 8 days with the average trade being worth of $23,185. The most recent stock trade was executed by Douglas H Sass on 26 September 2023, trading 2,500 units of BKSC stock currently worth $26,875.

What does Bank Of South Carolina do?

bank of south carolina corporation operates as the bank holding company for the bank of south carolina that provides financial services to individuals, professionals, and small and middle market businesses in south carolina. the company offers a range of deposit products, including non-interest bearing demand accounts, now accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit. it also provides secured and unsecured commercial loans; commercial real estate loans; consumer loans, including construction, real estate, helocs, and mortgage; and home equity loans and lines of credit. it operates through charleston, north charleston, summerville, mt. pleasant, and west ashley banking offices in south carolina. bank of south carolina corporation was founded in 1986 and is headquartered in charleston, south carolina.

Complete history of Mr. Lane stock trades at Bank Of South Carolina

Bank Of South Carolina executives and stock owners

Bank Of South Carolina executives and other stock owners filed with the SEC include:

• Hugh Lane,
  Chairman of the Board
• Fleetwood Hassell,
  President, Chief Executive Officer, Director
• Douglas Sass,
  Executive Vice President, Senior Lender Officer, Director
• Sheryl Sharry,
  Independent Director
• William Hiott,
  Independent Director
• Charles Lane,
  Director
• Richard W. Hutson Jr.,
  Sec. & Independent Non Employee Director
• Susanne K. Boyd,
  Exec. VP, COO & Director
• Eugene H. Walpole IV,
  Exec. VP, CFO & Director
• Steve Swanson,
  Independent Director
• Malcolm Rhodes,
  Independent Director
• Karen Phillips,
  Independent Director
• Linda McKee,
  Independent Director
• Glen Haynes,
  Independent Director
• Elizabeth Hagood,
  Independent Director
• Graham Eubank,
  Independent Director
• David Bunch,
  Independent Director
• Alan Nussbaum,
  Lead Independent Director
• Richard Hutson,
  Secretary, Independent Director
• Susanne Boyd,
  Chief Operating Officer, Executive Vice President, Director
• Eugene Walpole,
  Chief Financial Officer, Executive Vice President, Director
• Costa V. Thomas,
  Assistant Sec.
• Charlie Ledford,
  Member of Advisory Board - West Ashley
• Lauren O. Nilan CPA,
  Sr. VP of Internal Controls & Risk Management Officer
• Mignonne H. Buhrmaster,
  Sr. VP of HR
• Douglas Hutson Sass,
  Exec. VP, Sr. Lender & Director
• Fleetwood S. Hassell,
  Pres, CEO & Director
• Edmund Jr Rhett,
  Director
• Katherine M Huger,
  Director
• Louise J Maybank,
  Director
• Linda Jacobsen Bradley,
  Director
• David R Schools,
  Director
• Thomas C Iii Stevenson,
  Director
• C Ronald Coward,
  Director
• T Dean Harton,
  Director
• Nathaniel I Iii Ball,
  Executive Vice President
• Thomas W Myers,
  Director
• John Mercier Tupper,
  Director
• Leonard C Jr Fulghum,
  Director
• William T Cooper,
  Director