Century Bank of Florida
Tampa, Florida · FDIC Cert #35558
Century Bank of Florida is an FDIC-insured bank (Certificate #35558) with $107M in total assets and $95M in total deposits as of the Q2 2024 Call Report. Headquartered in Tampa, Florida, the bank maintains a Tier 1 capital ratio of 14.60% (Well-Capitalized) and a nonperforming loan ratio of 0.51%. BankHealthData assigns a composite Health Grade of A (87/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Century Bank of Florida (FDIC cert 35558) is a community bank — $107M in total assets, $95M in deposits, serving the Tampa, Florida area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 14.60% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is normal: non-performing loan ratio of 0.51% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is comfortable: 26.6% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is thin: ROA of 0.65% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is improving: the bank's composite score is up materially over the most recent quarters in the dataset. Improving trends usually reflect either capital strengthening, asset-quality recovery, or sustained profitability gains. Century Bank of Florida carries a composite BankHealth grade of A (87/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Century Bank of Florida
- Total Assets
- $107M
- Total Deposits
- $95M
- Tier 1 Capital Ratio
- 14.60%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.51%
- Liquidity Ratio
- 26.63%
- Return on Assets
- 0.65%
- Headquarters
- Tampa, Florida
- FDIC Certificate
- #35558
- Health Grade
- A (87/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Century Bank of Florida holds a Tier 1 capital ratio of 14.60%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Century Bank of Florida has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Century Bank of Florida shows strong financial health indicators. With $107M in assets and a Health Score of 87/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Century Bank of Florida Compares
Century Bank of Florida’s Health Score of 87 is 13 points above the Florida state average of 74 across 83 FDIC-insured banks. Its 14.60% Tier 1 capital ratio is 0.6 points above the US banking industry average near 14%. The 0.51% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.65% is below the national ROA benchmark of ~1.1%. Among 1141 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, Century Bank of Florida is 17 points above the portfolio average of 70.
Frequently Asked Questions
Century Bank of Florida has a Bank Health Score of A (87/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 14.60%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Century Bank of Florida's Tier 1 capital ratio of 14.60% and nonperforming loan ratio of 0.51% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Century Bank of Florida is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #35558). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Century Bank of Florida holds $107M in total assets and $95M in total deposits. It is headquartered in Tampa, Florida (FDIC Certificate #35558).
Century Bank of Florida has a Tier 1 capital ratio of 14.60%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.51%, and the return on assets is 0.65%.
Yes. Century Bank of Florida is FDIC-insured (Certificate #35558). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Century Bank of Florida's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.