Community Bank of Mississippi


1905 Community Bank Way
Flowood, MS 39232
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Notable Rates APY Vs.Others
Savings N.A. 5.55% →
1-Year CD N.A. 5.38% →
2-Year CD N.A. 4.95% →
5-Year CD N.A. 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Bank Information

Community Bank of Mississippi is an FDIC insured institution located in Flowood, MS. It was founded in 1905 and has approximately $4.9 billion in assets. Customers can open an account at one of its 48 branches.

FDIC Insured Yes
FDIC Certificate # 8879
Date Established 1905
Assets $ 4.90 billion
Loans $ 2.86 billion
Deposits $ 4.32 billion
Capital $ 341.25 million

For a more detailed analysis of Community Bank of Mississippi's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 21, 2024

Your Current Location: Virginia, VA 20146

Loan Rates - July 21, 2024

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Community Bank of Mississippi

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

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Featured - Virginia Home Equity Line Of Credit Rates 2024

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Third Federal Savings and Loan
Third Federal Savings and Loan
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7.990 %
$0 Learn More
More Info

Note to Community Bank of Mississippi
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Financial Details

Community Bank of Mississippi Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community Bank of Mississippi. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Community Bank of Mississippi U.S. Bank Average
4.57% 4.29%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2024, Community Bank of Mississippi had $10,731,000 in non-current loans and $6,194,000 in owned real estate. To cover these potential losses it had $341,246,000 in equity and $29,314,000 in loans loss reserves. That gives it a Texas Ratio of 4.57%.

Return on Equity
Community Bank of Mississippi U.S. Bank Average
5.8% 10.46%

Community Bank of Mississippi has a Return on Equity of 5.8% versus the BestCashCow average of 10.46%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Community Bank of Mississippi U.S. Bank Average
6.96% 10.73%

Community Bank of Mississippi has a Capitalization of 6.96% versus the BestCashCow average of 10.73. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Community Bank of Mississippi Balance Sheet Analysis

As of March 31, 2024, Community Bank of Mississippi had assets of $4,901,970,000, loans of $2,857,272,000, and deposits of $4,319,962,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2024
Cash & Balances due from depository institutions $ 340.36 million
Interest-bearing balances $ 293.96 million
Total securities $ 1,418.22 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.86 billion
Loan loss allowance $ 29.31 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 6.19 million
Goodwill and other intangibles $ 17.47 million
All other assets $ 131.29 million
     Total Assets $ 4.56 billion
Total deposits $ 4.32 billion
      Interest-bearing deposits $ 4.05 billion
      Deposits held in domestic offices $ 4.32 billion
      % insured (estimated) 67.83%
Federal funds purchased and repurchase agreements $ 1.72 million
Trading liabilities N.A.
Other borrowed funds $ 29.50 million
Subordinated debt N.A.
All other liabilities $ 22.36 million
      Total Liabilities $ 4.56 billion
      Shareholders’ Equity $ 341.25 million

Summary Income Statement

March 31, 2024
Total Interest Income $ 52.57 million
Total Interest Expense $ 23.45 million
Net interest income $ 29.13 million
Provision for loan and lease losses $ 0.25 million
Total non interest income $ 8.45 million
Total non interest expense $ 31.13 million
Pre-tax Net Operating Income $ 28.72 million

Bank Loan Profile?

The top three loan types in Community Bank of Mississippi’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Mississippi, Community Bank of Mississippi has a significantly higher percent of Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 33.70
Credit Card Loans 0.00
Consumer Auto Loans 0.72
Small Business Loans 12.68
Construction and Development Loans 9.89
Commercial Real Estate 26.27
Commercial and Industrial Loans 9.52
Farm Loans 0.07

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