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Overview / Commentary
270-527-6034
P.O. BOX 467
Benton, KY 42025

Community Financial Svcs Bank is headquartered in Benton and is the 18st largest bank in the state of Kentucky. It is also the 1,052nd largest bank in the nation. It was established in 1890 and as of December of 2013, it had grown to 173 employees at 6 locations. Community Financial Svcs Bank's savings rates are 92% higher than the national average, and it has a B+ health rating.

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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
B+

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 December 31, 2013 Community Financial Svcs Bank had $8.53 million in non-current loans and owned real-estate with $67.35 million in equity and loan loss allowances on hand to cover it. This gives Community Financial Svcs Bank a Texas Ratio of 12.67% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Community Financial Svcs Bank increased slightly from 7.42% as of December 31, 2012 to 12.67% as of December 31, 2013, resulting in a negative change of 70.78%. This indicates that the balance sheet and financial strength for Community Financial Svcs Bank has declined slightly in recent periods.

Deposit Growth

GRADE:
A

In the past year, Community Financial Svcs Bank has increased its total deposits by $18.71 million, resulting in 3.57% 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 Community Financial Svcs Bank has shown is excellent.

Capitalization

GRADE:
B+

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. Community Financial Svcs Bank has $640.06 million in assets with $67.35 million in equity, resulting in a capitalization level of 10.52%, which is above average.

Institution Statistics

Overall
FDIC Certificate #287
Year Established1890
Employees173
Primary RegulatorFDIC
Assets and Liabilities
Assets$640.06 million
Loans$526.31 million
Deposits$543.22 million
Equity Capital$58.76 million
Loan Loss Allowance$8.60 million
Unbacked Noncurrent Loans$7.92 million
Real Estate Owned$610,000
Historic Data - December 2012
Assets$610.43 million
Equity Capital$56.88 million
Loan Loss Allowance$7.32 million
Unbacked Noncurrent Loans$7.92 million
Real Estate Owned$55,000
Profit Margin - Quarterly
Net Interest Margin4.25%
Return on Assets0.82%
Return on Equity8.71%
Interest Income$28.65 million
Rates
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Community Financial Svcs Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.00%-$30kKasasa Saver
0.10%--Kasasa Saver

Community Financial Svcs Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
3.05%-$20kKasasa Cash
0.10%--Kasasa Cash

Community Financial Svcs Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.88%$1k-59 Month CD Speical
1.47%$100k-60 Month CD
1.15%$100k-48 Month CD
1.01%$1k-15 Month CD
0.85%$100k-36 Month CD
0.75%$100k-30 Month CD
0.70%$100k-24 Month CD
0.35%$100k-18 Month CD
0.30%$100k-12 Month CD
0.25%$1k-182 Day CD
0.15%$1k-91 Day CD
0.10%$1k-31 Day CD

Community Financial Svcs Bank IRA Rates

DetailsAPYMINMAXPRODUCT
1.88%$1k-59 Month IRA Special (Traditional,Roth,CESA)
1.47%$100k-60 Month IRA (Traditional,Roth,CESA)
1.15%$100k-48 Month IRA (Traditional,Roth,CESA)
1.01%$1k-15 Month IRA (Traditional,Roth,CESA)
0.85%$100k-36 Month IRA (Traditional,Roth,CESA)
0.75%$100k-30 Month IRA (Traditional,Roth,CESA)
0.70%$100k-24 Month IRA (Traditional,Roth,CESA)
0.35%$100k-18 Month IRA (Traditional,Roth,CESA)
0.30%$100k-12 Month IRA (Traditional,Roth,CESA)
0.25%$1k-182 Day IRA (Traditional,Roth,CESA)
0.12%$500-12 Month Variable IRA (Traditional,Roth,CESA)
Locations


Community Financial Svcs Bank Locations
Calloway County Banking Center Branch1721 North 12th StreetMurray, KY 42071
Benton Banking Center Branch221 West Fifth StreetBenton, KY 42025
Draffenville Banking Center Branch23 Highway 68 WestBenton, KY 42025
Mccracken County Banking Center Branch3390 Park AvenuePaducah, KY 42001
Calvert City Banking Center Branch456 5th AvenueCalvert City, KY 42029