Community Spirit Bank
Red Bay, Alabama · FDIC Cert #50
This is the FDIC profile for Community Spirit Bank, an FDIC-insured bank (Certificate #50) with $205M in total assets and $188M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Red Bay, Alabama, the bank maintains a Tier 1 capital ratio of 9.39% (Well-Capitalized) and a nonperforming loan ratio of 0.01%. BankHealthData assigns a composite Health Grade of A (82/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Community Spirit Bank (FDIC cert 50) is a community bank — $205M in total assets, $188M in deposits, serving the Red Bay, Alabama area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is adequate: Tier 1 capital ratio of 9.39% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is clean: non-performing loan ratio of 0.01% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is comfortable: 31.2% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is solid: ROA of 1.17% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Community Spirit Bank carries a composite BankHealth grade of A (82/100) 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: Community Spirit Bank
- Total Assets
- $205M
- Total Deposits
- $188M
- Tier 1 Capital Ratio
- 9.39%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.01%
- Liquidity Ratio
- 31.22%
- Return on Assets
- 1.17%
- Headquarters
- Red Bay, Alabama
- FDIC Certificate
- #50
- Health Grade
- A (82/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Community Spirit Bank files quarterly Call Reports with the FDIC under Certificate #50. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
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Capital & Safety Analysis
According to FDIC financial data, Community Spirit Bank holds a Tier 1 capital ratio of 9.39%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Community Spirit Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Community Spirit Bank shows strong financial health indicators. With $205M in assets and a Health Score of 82/100, 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 Community Spirit Bank Compares
Community Spirit Bank’s Health Score of 82 is 0 points above the Alabama state average of 82 across 78 FDIC-insured banks. Its 9.39% Tier 1 capital ratio is 4.6 points below the US banking industry average near 14%. The 0.01% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 1.17% is in line with or above the national ROA benchmark of ~1.1%. Among 1526 similarly-sized banks, the average Health Score is 81, meaning this bank ranks above its size cohort. Site-wide, Community Spirit Bank is 2 points above the portfolio average of 80.
Frequently Asked Questions
Community Spirit Bank has a Bank Health Score of A (82/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 9.39%, 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. Community Spirit Bank's Tier 1 capital ratio of 9.39% and nonperforming loan ratio of 0.01% 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 Community Spirit Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #50). 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.
Community Spirit Bank holds $205M in total assets and $188M in total deposits. It is headquartered in Red Bay, Alabama (FDIC Certificate #50).
Community Spirit Bank's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #50 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Community Spirit Bank has a Tier 1 capital ratio of 9.39%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.01%, and the return on assets is 1.17%.
Yes. Community Spirit Bank is FDIC-insured (Certificate #50). 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%).
Community Spirit Bank'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.