Vitals
  • Total Assets
    190.5M 7.5 %
  • Total Deposits
    162.8M 8.2 %
  • Total Net Loans
    141.5M 11.5 %
  • Net Income
    4.2M 22.5 %
  • Book Value
    23.9M 4.8 %
  • Book Value x2
    47.8M 4.8 %
  • Book Value x3
    71.7M 4.8 %
ROAA

2.295

ROAE

17.876

Efficiency Ratio

54.856

Net Interest Margin

4.376

Balance Sheet Highlights
Financial Highlights Cumberland Security Bank, Inc. All Insured Commercial Banks in Kentucky
Balance Sheet $(000)
Total Assets 190,469 275,102
Total Net Loans 141,494 177,820
Total Deposits 162,764 227,063
Total Equity 23,896 30,287
Profitability
Net Income 4,236 2,592
Return on Average Assets 2.295 .944
Return on Average Equity 17.876 8.074
Net Interest Margin 4.376 3.847
Efficiency Ratio 54.856 70.925
Noninterest Income/Revenue 21.296 17.219
Balance Sheet Ratios
Loan-to-Deposit 86.932 76.952
Securities/Assets .131 .219
Total Equity/Total Assets .125 .11
Tangible Equity/Tangible Assets .123 .107
Capital Adequacy
Tier 1 Common Capital 23,963 29,354
Tier 1 Capital 23,963 29,354
Tier 2 Capital 1,830 2,092
Total Capital 25,793 31,454
Total Risk Weighted Assets 143,804 190,479
Leverage Ratio 12.63 11.285
Common Equity Tier 1 Capital Ratio 16.66 17.115
Tier 1 Capital Ratio 16.66 17.115
Total Capital Ratio 17.94 18.174

Timeline for Cumberland Security Bank, Inc.

Bankers Service Corporation

Bankers Service Corporation became a new subsidiary organization for Cumberland Security Bank, Inc..

View Profile Jun 25 1997

Peoples Loan Company, Inc.

Peoples Loan Company, Inc. became a new subsidiary organization for Cumberland Security Bank, Inc..

View Profile Dec 31 1996

Bank Of Somerset

Acquisition: Cumberland Security Bank, Inc. acquired a new subsidiary, Bank Of Somerset, 38 years

View Profile Aug 01 1985

First Commerce Bancorp, Inc.

First Commerce Bancorp, Inc. became a new parent organization for Cumberland Security Bank, Inc..

View Profile Jun 28 1983

Cumberland Security Bank, Inc.

Cumberland Security Bank, Inc. was established 114 years ago and is currently headquartered in Somerset, KY.

Aug 13 1909
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Bank Of Somerset Seller 25,924 Discontinued 8/1/1985
Relationships Role Relationship Start Relationship End
First Commerce Bancorp, Inc. Parent 6/30/2000
First Commerce Bancorp, Inc. Parent 8/1/1989 6/29/2000
First Commerce Bancorp, Inc. Parent 6/28/1983 7/31/1989
Peoples Loan Company, Inc. Subsidary 12/31/1996 11/19/2005
Bankers Service Corporation Subsidary 6/25/1997 8/31/2001
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