Safest Banks in Mississippi 2026
Mississippi has 45 FDIC-insured banks with an average Bank Health Score of 66/100 (B). The safest bank is Bank of Brookhaven with a score of 97/100.
Data from FDIC Q2 2024
45 Mississippi banks are ranked below by the BankHealth composite score. The composite weights Tier 1 capital ratio (35%), inverted non-performing loan ratio (30%), liquidity ratio (25%), and return on assets (10%) into a 0-100 grade.
Top-of-list banks combine strong capital with clean loan books and reasonable profitability. Bottom-of-list banks face pressure on one or more scoring factors — most often elevated NPL ratios or thin profitability margins. Each bank links to its full profile with multi-quarter trend charts, the four composite factor breakdowns, and the underlying FDIC Call Report data.
Mississippi's 45 FDIC-insured banks hold a combined $155.3B in assets. Their average Bank Health Score of 66/100 sits 4.0 points below the national average of 70/100. Across the state, 40% of banks earn an A or B grade for financial health, while 18% fall to a D or F.
The largest bank headquartered in Mississippi is Cadence Bank with $48.0B in assets and a Bank Health Score of 76/100. The strongest by score is Bank of Brookhaven in Brookhaven (97/100, Tier 1 capital 17.46%). The weakest is Genesis Bank at 32/100, dragged down by an NPL ratio of 3.52%.
All scores below come from the latest FDIC BankFind Call Report (Q2 2024). The Bank Health Score weights Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%) — the four metrics regulators watch most closely when judging whether a bank is well-capitalized. Every bank with FDIC insurance covers up to $250,000 per depositor per ownership category, but the score helps you tell apart banks that are comfortably well-capitalized from those operating closer to the line.
Top 3 Safest Banks in Mississippi
Bank of Brookhaven
Brookhaven, MS
Mississippi's top-rated bank, with a Tier 1 capital ratio of 17.46% — well above the federal "well-capitalized" threshold of 8%. Holds $233M in assets.
Bank of Winona
Winona, MS
Second-strongest in the state on capital and loan quality. NPL ratio sits at 0.47% with $148M in total assets.
Bna Bank
New Albany, MS
Third in the rankings on the Bank Health Score. Liquidity ratio of 34.85% and ROA of 1.53%.
Top 20 of 45 Banks in Mississippi
| # | Bank | City | Grade | Score | Tier 1 Capital | NPL Ratio |
|---|---|---|---|---|---|---|
| 1 | Bank of Brookhaven | Brookhaven | A | 97 | 17.46% | 0.00% |
| 2 | Bank of Winona | Winona | A | 94 | 30.47% | 0.47% |
| 3 | Bna Bank | New Albany | A | 94 | 17.40% | 0.68% |
| 4 | Covington County Bank | Collins | A | 94 | 17.81% | 0.74% |
| 5 | Jefferson Bank | Greenville | A | 93 | 18.70% | 0.11% |
| 6 | Pike National Bank | Mccomb | A | 93 | 20.55% | 0.64% |
| 7 | Merchants&Marine Bank | Pascagoula | A | 92 | 16.92% | 0.48% |
| 8 | Holmes County Bank | Lexington | A | 90 | 26.46% | 0.98% |
| 9 | Community Bank of Ms | Flowood | A | 90 | 14.31% | 0.37% |
| 10 | Citizens Nb of Meridian | Meridian | A | 88 | 13.96% | 0.73% |
| 11 | Planters Bank&Trust Co | Indianola | A | 88 | 13.39% | 0.48% |
| 12 | Citizens Bk Philadelphia Ms | Philadelphia | A | 87 | 13.28% | 0.57% |
| 13 | Hancock Whitney Bank | Gulfport | A | 85 | 12.87% | 0.39% |
| 14 | Magnolia State Bank | Bay Springs | A | 82 | 14.93% | 0.21% |
| 15 | Cadence Bank | Tupelo | B | 76 | 11.90% | 0.83% |
| 16 | Trustmark National Bank | Jackson | B | 73 | 11.63% | 0.81% |
| 17 | Renasant Bank | Tupelo | B | 71 | 12.44% | 0.76% |
| 18 | Oxford University Bank | Oxford | B | 67 | 11.06% | 0.55% |
| 19 | First Commercial Bank | Jackson | C | 64 | 12.08% | 0.00% |
| 20 | Cleveland State Bank | Cleveland | C | 62 | 0.00% | 0.03% |
Bank Health Scores for Mississippi are calculated from FDIC Call Report data including Tier 1 capital ratios, nonperforming loan ratios, liquidity ratios, and return on assets.
Frequently Asked Questions
Based on our Bank Health Score analysis of FDIC data, Bank of Brookhaven in Brookhaven is currently the safest bank in Mississippi with a score of 97/100 (Grade A). It posts a Tier 1 capital ratio of 17.46% and a nonperforming loan ratio of 0.00%.
Mississippi has 45 FDIC-insured banks with a combined $155.3B in total assets. The average Bank Health Score across the state is 66/100 (Grade B).
Mississippi's average Bank Health Score of 66/100 is 4.0 points below the national average of 70/100. 40% of banks in Mississippi earn an A or B grade, compared with the national average grade of B.
Of 45 FDIC-insured banks headquartered in Mississippi, 14 earn an A, 4 a B, 19 a C, 7 a D, and 1 an F. The most common grade is B.
The Bank Health Score (0-100) is based on four FDIC-reported metrics: Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%). Higher scores indicate stronger financial health. Every score uses the latest FDIC Call Report data.
Bank Health Scores are computed from quarterly FDIC Call Report data. Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).