Total Assets
$104M
Total balance-sheet footings
FDIC Cert #21998 · Collins, Mississippi · Est. 1975
Covington County Bank - FDIC Bank Health Profile
A community-scale look at Covington County Bank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $104M
- Total assets
- A
- Health grade · Excellent
- 1.57%
- Return on assets
- 19.4%
- Tier 1 capital
Data updated July 2026
The verdict
Covington County Bank earns a PlainBankData health grade of A (93/100), with well-capitalized at 19.42% Tier 1, profitable at 1.57% ROA, efficient (59% cost ratio).
- #3,706
- largest of 4,313 FDIC banks by assets
- 14th
- percentile by asset size, nationally
- 19.42%
- Tier 1 ratio - above the 10% well-capitalized line
- 77th
- percentile for profitability (ROA), nationally
The grade above reflects PlainBankData's own read of the bank's regulatory filings, not an FDIC judgment, deposit coverage stays at $250,000 per depositor, per category, unaffected by it.
How Covington County Bank's 93/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Covington County Bank's composite health score
Tier 1 Capital Ratio (19.42%) 40/40
Return on Assets (ROA) (1.57%) 25/25
Texas Ratio (12.41%) 16/20
Efficiency Ratio (59.21%) 12/15
93 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$90M
Customer-funded liabilities
Net Loans
$73M
Outstanding loan book
Net Income
$2M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Covington County Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Covington County Bank's score of 93/100 falls in the highlighted band.
Covington County Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Covington County Bank's $104M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
19.42% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
19.42%
Texas Ratio
12.41%
Equity Capital
$13M
Profitability metrics
Return on Assets (ROA)
77th percentile nationally
1.57%
Return on Equity (ROE)
12.67%
Efficiency Ratio
59.21%
What the numbers say about Covington County Bank
Covington County Bank is an FDIC-insured institution (Certificate #21998) headquartered in Collins, Mississippi, established in 1975. It holds $104M in total assets - 3,706th of 4,313 FDIC-insured banks, $90M in customer deposits, and $73M in net loans. Looking at capital strength, Tier 1 stands at 19.42%, over the 10% well-capitalized line regulators set, while the Texas Ratio comes in at 12.41%, comfortably below the 50% caution mark. It earns a PlainBankData health grade of A (93/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
By assets, Covington County Bank ranks 53rd of 57 banks based in Mississippi -- squarely in the community-bank tier. Size alone doesn't determine a bank's local importance; a bank this size often has deeper, longer-standing relationships with the specific businesses and depositors it serves than a much larger institution would.
Income & expense breakdown
$6M
Interest Income
$923K
Non-Interest Income
$3M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Covington County Bank reports a Texas Ratio of 12.41% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
12.41% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Mississippi by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Covington County Bank (FDIC Cert #21998) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Mississippi
All Mississippi banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Hancock Whitney BankGulfport | $35.5B | A | 1.41% |
| Renasant BankTupelo | $26.7B | B | 0.89% |
| Trustmark BankJackson | $18.9B | B | 1.26% |
| BankPlusBelzoni | $8.1B | B | 1.14% |
| Community Bank of MississippiFlowood | $5.0B | B | 0.89% |
| BankFirst Financial ServicesColumbus | $3.3B | B | 1.04% |
| Guaranty Bank and Trust CompanyBelzoni | $2.9B | B | 1.10% |
| Planters Bank & Trust CompanyIndianola | $2.1B | A | 0.84% |
Frequently asked questions
What is Covington County Bank's health grade?▼
Covington County Bank receives a health grade of A (93/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is Covington County Bank?▼
Covington County Bank holds $104M in total assets and $90M in deposits, ranking 3,706th of 4,313 FDIC-insured banks by asset size. It is headquartered in Collins, Mississippi.
Is my money safe at Covington County Bank?▼
Yes, deposits at Covington County Bank (Certificate #21998) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Covington County Bank's Tier 1 Capital Ratio?▼
Covington County Bank has a Tier 1 Capital Ratio of 19.42%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
What is the Texas Ratio for Covington County Bank?▼
Covington County Bank has a Texas Ratio of 12.41%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Covington County Bank?▼
Covington County Bank has an Efficiency Ratio of 59.21%. Below 60% is considered efficient, the bank converts a strong share of revenue into profit. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Covington County Bank's profile as a depositor or analyst.
- Covington County Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Covington County Bank against other Mississippi banks before moving funds. Mississippi banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.