Century Bank

Century Bank Locations
4282 Main Street
Lucedale, MS 39452
www.centurybank.net

Century Bank is headquartered in Lucedale and is the 37th largest bank in the state of Mississippi. It is also the 2,616st largest bank in the nation. It was established in 1903 and as of March of 2012, it had grown to 106 employees at 10 locations. Century Bank has a 4-star health rating.

Century Bank Routing Number: 065303328

Related Posts

4.60% 15-Month / 4.25% 7-Month CD at a Florida Bank (Century). - 7/27/2008

Update 8/16/08: The CD rates have fallen. Please check the bank's website for the latest rates.Update 8/08/08: The special CD rates have changed a little. The 13-month CD yield has gone down from 4.55% to 4.25% APY. However, the 15-month CD remains at...

$100 Checking Account Bonus at a Dallas Bank (Century) - Update - 6/27/2008

Century Bank is again having a holiday promotion in which you can get a $100 gas card for opening a new checking account. The $100 gas card is only available on July 3rd at their branches. There's a $77 gas card for other days. This special doesn't seem...

$100 Checking Account Bonus at a Dallas Bank (Century) - 5/23/2008

Century Bank is having a Memorial-Day promotion in which you can get a $100 gas card for opening a new checking account. The $100 gas card is only available on Memorial Day at their branches. There's a $77 gas card for other days. This special doesn't...

5.00% 12-Month CD at a Dallas Bank - plus $77 Checking Bonus (Century). - 1/18/2008

Century Bank is having a grand opening special this Saturday, January 19th. The specials include a 5.00% APY 12-month certificate of deposit. The minimum deposit is $1,000. A new or existing checking account is required. You also can get $77 when you...

2007



Data for Q1 2012


Institution Statistics


Century Bank
FDIC Certificate #11448
BankRate ReportView
Year Established1903
Employees106
Primary RegulatorFDIC

Assets and Liabilities

Assets$245.88 million
Loans$129.51 million
Deposits$202.77 million
Equity Capital$24.59 million
Loan Loss Allowance$1.84 million
Unbacked Noncurrent Loans$2.28 million
Real Estate Owned$1.10 million

Historic Data - March 2011

Assets$248.93 million
Equity Capital$22.38 million
Loan Loss Allowance$2.12 million
Unbacked Noncurrent Loans$1.77 million
Real Estate Owned$661,000

Profit Margin - Quarterly

Net Interest Margin4.51%
Return on Assets0.76%
Return on Equity7.56%
Interest Income$2.71 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Century Bank had $3.37 million in non-current loans and owned real-estate with $26.42 million in equity and loan loss allowances on hand to cover it. This gives Century Bank a Texas Ratio of 12.76% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Century Bank held steady from 9.93% as of March 31, 2011 to 12.76% as of March 31, 2012, resulting in a negative change of 28.51%. This indicates that the balance sheet and financial strength for Century Bank has held steady in recent periods.
Deposit Growth3
In the past year, Century Bank has decreased its total deposits by -$1.8 million, resulting in -0.88% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Century Bank has shown is average.
Capitalization4
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Century Bank has $245.88 million in assets with $26.42 million in equity, resulting in a capitalization level of 10.75%, which is above average.
Write Review

No reviews have been left for this bank yet. Be the first to review.


 
Featured Accounts
Nationwide Savings Accounts