Covenant Bank, Financial Information

About Covenant Bank

 Address:
206 Sharkey Avenue
Clarksdale, MS
Coahoma County, Mississippi
 Established:
Oct 2000
 Number of domestic offices:
6
Total assets$240M
Net income$2M
Net income, quarterly$0M
Total deposits$200M
Domestic deposits$200M
Equity capital$24M
ROA0.81%
ROAQ, quarterly0.35%
ROA, pretax0.35%
ROAQ, quarterly, pretax0.35%
ROE8.33%
ROEQ, quarterly3.43%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.