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BlastPoint's Banking Scorecard

Covington County Bank

$100M-$1B Specialty: Agricultural MS FDIC cert 21998

Designations: CDFI-certified

Collins, MS

2 branches across MS

2664 banks in the $100M-$1B peer group nationally 42 in MS
View $100M-$1B leaderboard (MS) →

Covington County Bank has 3 strengths but faces 4 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + ROA 0.10% above tier average
  • + Net Interest Margin 0.60% above tier average
  • + Efficiency Ratio 6.02% below tier average

Key Concerns

Areas that may need attention

  • - Margin Compression: Bottom 15.4% in tier
  • - Liquidity Overhang: Bottom 41.8% in tier
  • - Cost Spiral: Bottom 61.1% in tier
  • - Delinquency Rate 0.07% above tier average

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (MS) National Avg Tier Percentile
Total Assets ? $108.8M
+6.2% YoY +4.1% QoQ
-$277.3M $386.1M
+0.5% YoY
$2.3B
+11.5% YoY
$6.2B
+9.1% YoY
Bottom 2.5% in tier
Total Loans ? $75.9M
+9.1% YoY +3.8% QoQ
-$179.9M $255.7M
+1.1% YoY
$1.5B
+13.2% YoY
$3.2B
+10.8% YoY
Bottom 9.4% in tier
Total Deposits ? $93.7M
+6.5% YoY +4.3% QoQ
-$234.2M $328.0M
+0.1% YoY
$1.9B
+10.5% YoY
$4.8B
+8.2% YoY
Bottom 3.8% in tier
Return on Assets ? 1.37%
-42.8% YoY -12.7% QoQ
+0.10% 1.27%
+12.9% YoY
1.16%
+5.3% YoY
1.23%
+13.4% YoY
60%
Net Interest Margin ? 4.54%
+0.0% YoY +0.0% QoQ
+0.60% 3.93%
+6.0% YoY
3.97%
+6.6% YoY
3.89%
+5.7% YoY
83%
Efficiency Ratio ? 59.27%
+29.3% YoY +0.1% QoQ
-6.02% 65.29%
-4.5% YoY
67.65%
-1.2% YoY
66.95%
-4.1% YoY
62%
Delinquency Rate ? 0.96%
-75.8% YoY -57.8% QoQ
+0.07% 0.89%
+18.8% YoY
1.06%
+2.0% YoY
0.95%
+18.8% YoY
29%
Loan-to-Deposit Ratio ? 80.92%
+2.4% YoY -0.5% QoQ
+4.28% 76.64%
+0.8% YoY
70.20%
+3.2% YoY
76.70%
+0.9% YoY
45%
Non-Interest-Bearing Deposit Share ? 17.56%
-1.8% YoY +2.9% QoQ
-4.46% 22.02%
-1.0% YoY
22.68%
-1.8% YoY
22.01%
-1.2% YoY
34%
Nonperforming Asset Ratio ? 0.67%
-75.2% YoY -57.9% QoQ
+0.03% 0.64%
+19.7% YoY
0.74%
+0.7% YoY
0.67%
+19.3% YoY
30%
Tier 1 Capital Ratio ? 18.65%
-7.9% YoY -4.0% QoQ
+2.81% 15.83%
+1.5% YoY
13.90%
-1.0% YoY
17.06%
+0.8% YoY
83%
Non-Interest Income / Assets ? 0.14%
-70.1% YoY -84.4% QoQ
-0.14% 0.28%
+9.3% YoY
0.17%
-9.5% YoY
0.32%
+4.1% YoY
70%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (0)

No matched strength signatures this quarter

Concerns (3)

Margin Compression

decline
#48 of 305 • Bottom 15.4% in tier

Profitability above 0.75% ROA but margins eroding by at least 0.10pp YoY. Something changed - rising costs or falling yields need addressing.

Why this signature
Return on Assets: 1.37%
(Tier: 1.27%, National: 1.23%)
better than tier avg
305 of 305 Community banks match · 407 nationally
↑ Growing +94 banks QoQ

Liquidity Overhang

risk
#310 of 739 • Bottom 41.8% in tier

Exceptional capital position (Tier 1 >= 16%, top quartile). Strong fundamentals - opportunity to deploy capital more productively.

Why this signature
Tier 1 Capital Ratio: 18.65%
(Tier: 15.83%, National: 17.06%)
better than tier avg
Loan-to-Deposit Ratio: 80.92%
(Tier: 76.64%, National: 76.70%)
worse than tier avg
739 of 739 Community banks match · 939 nationally
→ Stable +13 banks QoQ | QoQ rank declining

Cost Spiral

risk
#78 of 126 • Bottom 61.1% in tier

Historically lean operator (efficiency < 75%) now seeing 5+ point efficiency ratio increase YoY despite strong profitability. Efficiency advantage eroding.

Why this signature
Efficiency Ratio: 59.27%
(Tier: 65.29%, National: 66.95%)
better than tier avg
126 of 126 Community banks match · 176 nationally
↑ Growing +82 banks QoQ

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 2664 peers in $100M-$1B

Top Strengths (2 metrics)

447
Tier 1 Capital Ratio
capital
Value: 18.65%
Peer Median: 15.83%
#447 of 2664 Top 16.7% in $100M-$1B
451
Net Interest Margin
profitability
Value: 4.54%
Peer Median: 3.93%
#451 of 2664 Top 16.9% in $100M-$1B

Top Weaknesses (3 metrics)

2599
Total Assets
size
Value: $108.78M
Peer Median: $386.08M
#2599 of 2664 Bottom 2.5% in $100M-$1B
2564
Total Deposits
size
Value: $93.74M
Peer Median: $327.97M
#2564 of 2664 Bottom 3.8% in $100M-$1B
2415
Total Loans
size
Value: $75.86M
Peer Median: $255.72M
#2415 of 2664 Bottom 9.4% in $100M-$1B
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