Real Estate Professional Network

South Carolina will need power from an assortment of resources, including wind, solar and biofuel, to meet future needs, participants at a renewable energy forum in Columbia said.

The parent company of NBSC bank of South Carolina reported today it lost $53.5 million for the second quarter, a 43% improvement from the first quarter of 2011 and a 78% improvement from the second quarter of 2010. NBSC is the sixth-largest bank in the state, with about a 5.3% market share of deposits as of June 30, 2010.

Greenwood’s Community Capital Corp. and the Charlotte, N.C. bank that plans to buy it both reported losses for the second quarter. The two institutions had been profitable in the prior-year quarter.

A broken bearing atop South Carolina’s Statehouse flagpole caused the flags to spin wildly recently, tangling the national and state flags and preventing either flag from being raised or lowered.

The Winnsboro men were sentenced to jail time for their roles in a conspiracy to commit fraud using unauthorized access devices. The pair obtained personal ID information by stealing it out of mailboxes, obtaining it from job applications and other methods.

The Greenville MSA posted the largest decline in foreclosure filings at midyear compared with the first six months of 2010, according to a market report released this morning. That follows a national trend that found a decline in distressed properties in 178 of the 211 most populated areas of the U.S.

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