Is Covington County Bank Safe?
Covington County Bank has a Bank Health Score of 94/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while loan quality is its weakest area (85/100).
Key Data
| Metric | Value | Score |
|---|---|---|
| Tier 1 Capital Ratio | 17.81% | 100/100 |
| Nonperforming Loan Ratio | 0.74% | 85/100 |
| Liquidity Ratio | 28.32% | 93/100 |
| Return on Assets | 1.99% | 99/100 |
| Total Assets | $0.1B | |
How does Covington County Bank compare?
With a Bank Health Score of 94/100, Covington County Bank sits 24.0 points above the national average of 70/100 for FDIC-insured banks. Within Mississippi, where 45 FDIC-insured banks are headquartered, Covington County Bank ranks above the state average of 66/100 (Grade B).
The bank's Tier 1 capital ratio of 17.81% is the federal regulator's headline measure of bank capital strength — it sits comfortably above the 8% "well-capitalized" threshold.Its nonperforming loan ratio of 0.74% is healthy — most loans are current.
What changed in the last year?
Over the last four quarters, Covington County Bank's Bank Health Score held roughly steady at 94/100. Tier 1 capital weakened by 5.25 percentage points to 17.81%. Quarter-over-quarter, the score rose by 2.0 points.
Covington County Bank has a Bank Health Score of 94/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while loan quality is its weakest area (85/100).