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BankHealth

CUMBERLAND SECURITY BANK INC

SOMERSET, KENTUCKY · FDIC Cert #11358

A
Health Score
89/100
$353M
Total Assets
$307M
Total Deposits
16.48%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, CUMBERLAND SECURITY BANK INC holds a Tier 1 capital ratio of 16.48%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning CUMBERLAND SECURITY BANK INC has a strong buffer to absorb potential losses.

Key Financial Metrics

0.07%
Nonperforming Loans
Low — healthy loan portfolio
19.21%
Liquidity Ratio
Adequate liquidity
3.47%
Return on Assets
Profitable — earning well on assets
$307M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

CUMBERLAND SECURITY BANK INC shows strong financial health indicators. With $353M in assets and a Health Score of 89/100, 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.

Frequently Asked Questions

CUMBERLAND SECURITY BANK INC has a Bank Health Score of A (89/100). It holds a Tier 1 capital ratio of 16.48%, 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.

CUMBERLAND SECURITY BANK INC holds $353M in total assets and $307M in total deposits. It is located in SOMERSET, KENTUCKY (FDIC Certificate #11358).

CUMBERLAND SECURITY BANK INC has a Tier 1 capital ratio of 16.48%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.07%, and the return on assets is 3.47%.

Yes. CUMBERLAND SECURITY BANK INC is FDIC-insured (Certificate #11358). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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