The Cleveland State Bank, Financial Information

AboutThe Cleveland State Bank

 Address:
110 Commerce Avenue
Cleveland,MS
Bolivar County,Mississippi
 Established:
Feb 1908
 Number of domestic offices:
5
Total assets$278M
Net income$2M
Net income,quarterly$0M
Total deposits$248M
Domestic deposits$248M
Equity capital$27M
ROA0.91%
ROAQ,quarterly0.69%
ROA,pretax0.69%
ROAQ,quarterly,pretax0.76%
ROE8.86%
ROEQ,quarterly6.99%
UpdatedMay 20, 2021

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.

On February 12, 1908, the Cleveland State Bank (CSB) opened its doors for business and became a thread of that historical fabric. Cleveland grew up along the railroad. Sharpe Avenue ran parallel to the tracks, where the CSB was originally located, and it still has a branch in that same location that serves the public today.

In April 1971, the CSB moved its main office to the present location on Commerce Avenue. There are branches in Merigold, on Sharpe Avenue, College Street, and now the bank have a full service branch in Grenada.

Cleveland State Bank offers you the convenience of Telephone Banking. Through this no-fee service, you can access your account information 24 hours a day, 7 days a week. Simply use a touch-tone phone in the comfort of your own home or privacy of your office to: Check Account Balances, Review Account Activity, Transfer Funds, Obtain Interest Rate Information, Merchant Verification Options.

Main Office
110 Commerce Ave.
Cleveland, MS 38732
Phone: 662-843-9461
Fax: 662-846-5824

Main Street Branch
128 North Sharpe Ave.
Cleveland, MS 38732
Phone: 662-843-8675
Fax: 662-843-1865

West Side Branch
1416 College Street
Cleveland, MS 38732
Phone: 662-846-1443
Fax: 662-846-5863

Merigold Branch
201 S. Dr. Martin Luther King, Jr. St.
Merigold, MS 38759
Phone: 662-748-2761

Grenada Branch
229 Sunset Drive
Grenada, MS 38901
Phone: 662-227-5521
Fax: 662-227-5524