Business

November 26, 2012

Horry County State Bank fails to file third-quarter financial report

HCSB Financial Corp., the parent company to Horry County State Bank, failed to file its third-quarter financial report on time in the wake of an examination by federal regulators that called into question the amount of money the bank has set aside to cover real estate-related loan losses, according to a document filed with the U.S. Securities and Exchange Commission.

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