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Covington County Bank

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

Designations: ✓ CDFI-certified

Collins, MS

2 branches across MS

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 39 in MS.
  • Deposits +5.7% year over year ($93.9M on the books).
  • Delinquency rate 1.00%.
  • Return on assets 1.42%.
  • Efficiency ratio 58.60% vs a 64.48% peer average.
  • Loan-to-deposit ratio 86.15% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 39 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 0.67% above tier average
  • + Efficiency Ratio 5.88% below tier average

Key Concerns

Areas that may need attention

  • - Margin Compression: Bottom 25.1% in tier
  • - Cost Spiral: Bottom 29.7% in tier
  • - Liquidity Overhang: Bottom 40.3% in tier
  • - Delinquency Rate 0.08% above tier average
Get updates when Covington County Bank releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (MS) National Avg Tier Percentile
Total Assets ? $109.2M
+5.5% YoY +0.4% QoQ
-$277.4M $386.6M
+1.2% YoY
$2.3B
+4.7% YoY
$6.3B
+7.7% YoY
Bottom 2.5% in tier
Total Loans ? $80.9M
+14.4% YoY +6.6% QoQ
-$177.5M $258.3M
+1.7% YoY
$1.6B
+6.5% YoY
$3.2B
+9.4% YoY
Bottom 10.7% in tier
Total Deposits ? $93.9M
+5.7% YoY +0.1% QoQ
-$232.9M $326.7M
+0.7% YoY
$1.9B
+4.9% YoY
$4.9B
+7.3% YoY
Bottom 3.9% in tier
Return on Assets ? 1.42%
-24.7% YoY +3.7% QoQ
+0.10% 1.32%
+10.8% YoY
1.27%
+12.8% YoY
1.30%
+12.1% YoY
61%
Net Interest Margin ? 4.65%
+1.8% YoY +2.6% QoQ
+0.67% 3.99%
+5.0% YoY
4.02%
+5.6% YoY
3.95%
+4.9% YoY
84%
Efficiency Ratio ? 58.60%
+13.1% YoY -1.1% QoQ
-5.88% 64.48%
-3.2% YoY
65.83%
-2.8% YoY
70.05%
+2.5% YoY
61%
Delinquency Rate ? 1.00%
-62.9% YoY +4.0% QoQ
+0.08% 0.92%
+15.7% YoY
1.03%
+6.0% YoY
0.98%
+16.3% YoY
28%
Loan-to-Deposit Ratio ? 86.15%
+8.2% YoY +6.5% QoQ
+8.20% 77.95%
+1.0% YoY
72.48%
+3.6% YoY
79.03%
+2.3% YoY
35%
Non-Interest-Bearing Deposit Share ? 17.86%
-6.7% YoY +1.7% QoQ
-4.17% 22.03%
-0.6% YoY
22.74%
-2.6% YoY
21.98%
-0.6% YoY
36%
Nonperforming Asset Ratio ? 1.46%
-20.8% YoY +117.5% QoQ
+0.79% 0.67%
+16.4% YoY
0.80%
+11.3% YoY
0.69%
+15.8% YoY
Bottom 12.4% in tier
Tier 1 Capital Ratio ? 17.47%
-6.3% YoY -6.3% QoQ
+1.57% 15.91%
+1.4% YoY
13.77%
-2.2% YoY
17.09%
+0.8% YoY
79%
Non-Interest Income / Assets ? 0.27%
-55.0% YoY +98.6% QoQ
-0.29% 0.57%
+7.6% YoY
0.38%
+2.4% YoY
0.66%
+5.2% YoY
68%

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (MS) National Avg Tier Percentile
Noninterest-Bearing 17.9%
-1.3pp YoY
+0.3pp QoQ
 -4.3pp 22.1% 23.1% 22.2% 35%
Brokered Deposits n/a n/a 7.9% 3.8% 8.5% n/a

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (MS) National Avg Tier Percentile
C&I 9.9%
-3.1pp YoY
-1.0pp QoQ
 -1.7pp 11.6% 12.4% 12.5% 52%
CRE n/a n/a 39.5% 42.3% 41.4% n/a
1-4 Family 20.8%
+0.6pp YoY
-1.2pp QoQ
 -11.8pp 32.6% 33.1% 31.3% 32%
Consumer 5.1%
-1.1pp YoY
-0.3pp QoQ
 +0.9pp 4.1% 5.6% 5.0% 77%

Capital

Metric Current vs Tier Tier Avg State Avg (MS) National Avg Tier Percentile
CET1 Ratio 17.5%
-1.2pp YoY
-1.2pp QoQ
 -1.4pp 18.8% 16.5% 19.7% 66%
Leverage Ratio 13.8%
-0.5pp YoY
+0.3pp QoQ
 +1.6pp 12.2% 11.9% 12.6% 80%
Total Capital Ratio 18.1%
-1.3pp YoY
-1.2pp QoQ
 -1.8pp 19.9% 17.7% 20.8% 64%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (MS) National Avg Tier Percentile
Full-Time Employees 21
+1 (+5.0%) YoY
0 QoQ
 -38 58 297 482 12%
Assets per Employee ($) $5.2M
+0.5% YoY
+0.4% QoQ
 -$2.3M $7.5M $6.2M $8.8M 18%
Branch Count 2
0 YoY
0 QoQ
 -3 4 22 18 11%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (MS) National Avg Tier Percentile
Past Due 90+ Days 0.9%
-0.9pp YoY
0.0pp QoQ
 +0.6pp 0.3% 0.3% 0.4% 90%
Nonaccrual 0.1%
-0.8pp YoY
0.0pp QoQ
 -0.8pp 0.9% 0.9% 1.0% 17%
Allowance Coverage 0.66x
+106.7% YoY
-9.6% QoQ
 -23.50x 24.15x 4.87x 20.23x 16%
Net Charge-off Rate (YTD) 0.0%
-0.2pp YoY
0.0pp QoQ
 -0.1pp 0.1% 0.1% 0.2% 42%

Profitability

Metric Current vs Tier Tier Avg State Avg (MS) National Avg Tier Percentile
ROE 11.6%
-3.9pp YoY
+0.3pp QoQ
 -0.6pp 12.2% 11.7% 11.6% 47%
Cost of Funds (YTD) 1.9%
-0.2pp YoY
0.0pp QoQ
 +0.1pp 1.7% 1.8% 1.7% 61%
Net Income ($, YTD) $765,000
-20.6% YoY
— QoQ
 -$1.8M $2.6M $13.8M $40.4M 19%

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
#78 of 307 • Bottom 25.1% 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: 1.42%
(Tier: 1.32%, National: 1.30%)
better than tier avg
307 of 307 Community banks match · 413 nationally
→ Stable +8 banks QoQ | QoQ rank declining

Cost Spiral

risk
#42 of 138 • Bottom 29.7% 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: 58.60%
(Tier: 64.48%, National: 70.05%)
better than tier avg
138 of 138 Community banks match · 184 nationally
→ Stable +9 banks QoQ | QoQ rank improving

Liquidity Overhang

risk
#300 of 742 • Bottom 40.3% 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: 17.47%
(Tier: 15.91%, National: 17.09%)
better than tier avg
Loan-to-Deposit Ratio: 86.15%
(Tier: 77.95%, National: 79.03%)
worse than tier avg
742 of 742 Community banks match · 940 nationally
→ Stable +7 banks QoQ | QoQ rank improving

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 2643 peers in $100M-$1B

Top Strengths (2 metrics)

418
Net Interest Margin
profitability
Value: 4.65%
Peer Median: 3.99%
#418 of 2643 Top 15.8% in $100M-$1B
560
Tier 1 Capital Ratio
capital
Value: 17.47%
Peer Median: 15.91%
#560 of 2643 Top 21.2% in $100M-$1B

Top Weaknesses (4 metrics)

2577
Total Assets
size
Value: $109.17M
Peer Median: $386.57M
#2577 of 2643 Bottom 2.5% in $100M-$1B
2542
Total Deposits
size
Value: $93.87M
Peer Median: $326.73M
#2542 of 2643 Bottom 3.9% in $100M-$1B
2360
Total Loans
size
Value: $80.86M
Peer Median: $258.35M
#2360 of 2643 Bottom 10.7% in $100M-$1B
2316
Nonperforming Asset Ratio
credit_quality
Value: 1.46%
Peer Median: 0.67%
#2316 of 2643 Bottom 12.4% in $100M-$1B
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