# COVINGTON COUNTY BANK
COLLINS, MS · FDIC certificate 21998 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $109.2M | |
| Deposits | $93.9M | |
| Loans and leases | $81.4M | |
| Total equity | $13.6M | |
| Loans / deposits | 86.15% (p73 of band) | 73.59% |
| Liquid assets / assets | 21.15% (p25 of band) | |
| Uninsured deposits / deposits | 12.84% (p23 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 13.76% (p69 of band) | 11.76% |
| Unrealized securities loss / equity | -12.97% (p33 of band) | -6.57% |
| AOCI / equity | -0.05% (p67 of band) | |
| ROA (annualized) | 1.42% (p64 of band) | 1.17% |
| Net interest margin | 4.65% (p81 of band) | 3.93% |
| Efficiency ratio | 58.60% (p32 of band) | |
| Noncurrent loans | 0.99% (p70 of band) | 0.36% |
| Net charge-offs (annualized) | 0.01% (p61 of band) | |
| Reserve coverage of noncurrent | 65.59% | |
| Real estate % of loans | 77% | |
| Construction % of loans | 37.81% (p71 of band) | |
| Auto loans | $995,000 (1.22% of loans; DQ 7.84%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 5.7% | |
| Employees | 21 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | losing money, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 1 |  | losing money |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | capital falling |  |
| 2012-06 | 1 |  | capital falling |
| 2012-09 | 1 |  |  |
| 2012-12 | 2 | capital falling |  |
| 2013-03 | 2 |  |  |
| 2013-06 | 1 |  | capital falling |
| 2013-09 | 1 |  |  |
| 2013-12 | 2 | charge-offs p90 |  |
| 2014-03 | 1 | capital falling | reserve under noncurrent, charge-offs p90 |
| 2014-06 | 1 | reserve under noncurrent | capital falling |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 2 | capital falling |  |
| 2015-06 | 1 |  | capital falling |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 | capital falling | reserve under noncurrent |
| 2016-06 | 1 | reserve under noncurrent | capital falling |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | capital falling |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 1 |  | capital falling |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | capital falling |  |
| 2018-06 | 1 |  | capital falling |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | charge-offs p90 |  |
| 2019-06 | 1 |  | charge-offs p90 |
| 2019-09 | 3 | charge-offs p90, uninsured deposits leaving |  |
| 2019-12 | 2 |  | charge-offs p90 |
| 2020-03 | 5 | capital falling, deposits shrinking, assets shrinking |  |
| 2020-06 | 1 |  | uninsured deposits leaving, capital falling, deposits shrinking, assets shrinking |
| 2020-09 | 1 |  |  |
| 2020-12 | 2 | capital falling |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 | uninsured deposits leaving | capital falling |
| 2021-09 | 0 |  | reserve under noncurrent, uninsured deposits leaving |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | capital falling |  |
| 2022-06 | 3 | AOCI drag >20% of equity, securities losses >30% of equity, reserve under noncurrent | capital falling |
| 2022-09 | 5 | assets shrinking, uninsured deposits leaving |  |
| 2022-12 | 3 |  | assets shrinking, uninsured deposits leaving |
| 2023-03 | 2 |  | AOCI drag >20% of equity |
| 2023-06 | 2 |  |  |
| 2023-09 | 1 |  | securities losses >30% of equity |
| 2023-12 | 0 |  | reserve under noncurrent |
| 2024-03 | 1 | capital falling |  |
| 2024-06 | 0 |  | capital falling |
| 2024-09 | 1 | uninsured deposits leaving |  |
| 2024-12 | 3 | capital falling, reserve under noncurrent |  |
| 2025-03 | 4 | noncurrent p90, charge-offs p90 | uninsured deposits leaving |
| 2025-06 | 3 |  | capital falling |
| 2025-09 | 2 | uninsured deposits leaving | noncurrent p90, charge-offs p90 |
| 2025-12 | 1 |  | uninsured deposits leaving |
| 2026-03 | 2 | capital falling |  |
| 2026-06 | 1 |  | capital falling |

## In the news (Google News, unfiltered, newest first; check the city)

- 2012-11-14 [SBA Loans Level Out After Jobs Act - Mississippi Free Press](https://news.google.com/rss/articles/CBMifEFVX3lxTE1BS0s5emJQMHRiWUUzYXFJaEptc0RFdHlseVRfNkowMElvQjJORjhaSERJVXg2ZjVfaUk3UXdFd190ZnJSOU5mem1KMEloeS1CT3VFWmoybHpueWFsdVpBWjQ1U2tPa3hyTTBYUm9ERGNXLVAtYXFfSnp2ZkM?oc=5) · Mississippi Free Press
- 2018-03-22 [Clarion Ledger writer wins award from SBA - The Clarion-Ledger](https://news.google.com/rss/articles/CBMirwFBVV95cUxPVlA4MUlJNUZWMW5nQXpJcnhNN1ZKWGlrUEtEcFdNb3NjUTJ3MDhxRDd0QzQycmNNMi12NGt6Ri1nOTZjcG5vUzlPcjdjUG90Tnk5ZnQ3ZkhuaTJwMnMxVW9rcWZidzVXVVBMRW01Rlk3TlMwa2xaaWxMM1lVN0NVUG9qUTA2NXNRWF9vTFhQS3lYRHpmRl96eTZwbjA4ZFV3dVBYYUdsWGlZS3VtcEdz?oc=5) · The Clarion-Ledger
- 2025-11-21 [Jack Gibson Obituary - Ridgeland, MS - Dignity Memorial](https://news.google.com/rss/articles/CBMiggFBVV95cUxObVJKUWhFblRPUFAta05GaVhESTJCTmloT0pPOERXUUVuS0YtZjNFYUhXMXJuTkVpcnhTaWo4bXIyNk55V05Ta05raTdUZUVIMThPeDNUWWZMRjRaaXdDWk5fRG82enBISGN0bUNTa3dYYkIxYlhUc25ROWZGbDRHZDR3?oc=5) · Dignity Memorial
- 2020-11-09 [Marcus Martin Obituary Nov 9, 2020 - ottandlee.com](https://news.google.com/rss/articles/CBMiX0FVX3lxTE83eFVxbTRCb3Nhak5SbHB4YUE4UDMwVTQ2RmVnYU00dzZ0eW9HbGRpbFBCbWNndWU2dk1KMlB6NXNZdlVzLUY5eTVhQU5BeEJtWVhJVG1KV1dINmgxWHFJ?oc=5) · ottandlee.com
- 2017-03-25 [Mary Jennifer Russell named one of nation’s top Small Business Persons of 2017 - MageeNews.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxNRkxZYXZTUWhENC1kc1pDTW5VQ1JXcHBJc2g3bU1rbS00MEx2R191REp2SVRlVmpidVFTZm9nc1ZDYXhqTjd3dW1OeEpUTWFlQmdITllzbHVpTnc0QmhhOFdsQ3JJXzhRNlBxbHY1LVRlZEh6Z3N4SS0tQmhlUEJKY18xUmtFV19NUXF1aVFKMVpPMzRKa0xmdV9FTGJlZ0x3MFHSAacBQVVfeXFMUGVJcHBQYkZ5VlpfcjRGNHFpWlR1bDBaSUZqaWJETHVBRDZlNGV6Q3I1VXBtby0xZVlQeEpMNUlxVkgtMWotbmpmS3ZEVDQzM2hSOUFKdUtCdlJGZ25zeFp0WThtdTdJeVhsejRTMUtjX0pQWVZ2MFZ6VEIwbzBkYWsxT1diMjZjX29YVVJ0SDEzM0F0Wk5LdFlWZ252aFBHWC13dC15Qnc?oc=5) · MageeNews.com
- 2025-08-27 [Joanne Boswell Obituary (2025) - Andalusia, AL - Foreman Brown-Service Funeral Home, Inc. - Andalusia - Legacy obituary](https://news.google.com/rss/articles/CBMigwFBVV95cUxOelpJQzhxbW55NlFoQkZpVXliSHRldC16ckZPaHl0dXM5OFpael9aOHl0NGp1U2pGWG5xM0Z6VVpRRlFUa0R6OUZ6NDBvaUVfWVd3Rmc3NUd5aWtvUEJiSEpzU2libWVYcS1XdGdWZWVVbVdlcnJGQXV4enpiQWtGVVhxbw?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=21998 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/46.json (key "21998", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide