Community Bank of the South
Merritt Island, FL
IDRSSD: 2860039
Total Assets
$257.20M
Latest filing
Total Deposits
$231.63M
Latest filing
Net Interest Margin
3.16%
Profitability
Key People
Loading leadership data...
Locations
Main office and branches. Select to view on the map.
Main Office
Community Bank of the South
277 N Sykes Creek Pkwy
Merritt Island, FL 32953
Full Service - Brick and Mortar
Updated 01/30/2026Established 11/29/1999FDIC Certificate 76179
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Community Bank of the South (Main) | 277 N Sykes Creek Pkwy | Merritt Island, FL |
| COCOA COMMONS BRANCH | 2321 Highway 524 | Cocoa, FL |
| ROCKLEDGE BRANCH | 1902 S Fiske Blvd | Rockledge, FL |
Showing 2 of 2
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
Similar banks
DLP Bank
Starke, Florida
→
Assets: $256.88MΔ -0.5%
Natbank, National Association
Hollywood, Florida
→
Assets: $260.21MΔ +0.8%
Lafayette State Bank
Mayo, Florida
→
Assets: $250.58MΔ -3.0%
Evermore Bank
Fort Lauderdale, Florida
→
Assets: $271.22MΔ +5.0%
First Colony Bank of Florida
Maitland, Florida
→
Assets: $295.10MΔ +14.3%
First National Bank of Pasco
Dade City, Florida
→
Assets: $298.41MΔ +15.5%
Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 11/29/1999 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 32953 |
| State and County Number | 12009 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 06 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | Palm Bay-Melbourne-Titusville, FL |
Operational Info
| Number of Employees | 20 |
| Domestic Offices | 3 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 11/29/1999 |
| Primary Insurance Agency | DIF |
| Website | www.cbos.bank |
| Data Updated | 01/30/2026 |
| CERT | 35212 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $257.20M |
| Total Deposits | $231.63M |
| Total Liabilities | $234.86M |
| Total Equity Capital | $22.34M |
| Net Income | $628.00k |
| Net Loans and Leases | $71.11M |
| Assets Per Employee ($Millions) | $13.54M |
| Bank Premises and Fixed Assets | $2.42M |
| Cash and Balances due from Depository Institutions | $98.42M |
| Deposits Held in Domestic Offices | $231.63M |
Key Performance Ratios
| Return on Assets (ROA) | 0.97% |
| Return on Equity (ROE) | 11.34% |
| Net Interest Margin | 3.16% |
| Efficiency Ratio | 59.41% |
| Tier 1 Risk-Based Capital Ratio | 24.358% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.06% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.685% |
| Earning Assets to total Assets | 95.78% |
Income and Expense
| Total Interest Income | $2.80M |
| Total Noninterest Income | $97.00k |
| Total Interest Expense | $856.00k |
| Total Noninterest Expense | $1.22M |
| Net Interest Income | $1.95M |
| Pre-tax Net Operating Income | $790.00k |
| Provision for Credit Losses | $40.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $3.23M |
| Total Liabilities and Capital | $257.20M |
Securities
| Securities | $78.32M |
| Available-for-sale debt securities | $78.32M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Community Bank of the South?
$257.20M as of the latest filing.
How much are Community Bank of the South's total deposits?
$231.63M in total deposits.
Where is Community Bank of the South located?
Merritt Island, FL.
What is the Net Interest Margin?
3.16%.
How many domestic offices does it operate?
3.
When was it established?
11/29/1999.
What is the Return on Assets (ROA)?
0.97%.
How much are total loans and leases?
$71.11M (latest filing).
What is the total interest income (latest filing)?
$2.80M.