Centennial Bank in Centennial, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

Centennial Bank - Overview

  • General
  • FDIC Certificate #: 26853
    Status: Active
    Federal Reserve ID: 154257
    Bank Holding Company (Regulatory Top Holder): Cic Bancshares, Inc. (RSSDID: 4033855, Location: Denver, CO)
    Date Established: December 08, 1986
    WWW: http://www.centennialbanking.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Domestic: 2, Interstate: No)
    FDIC's unique #: 36117
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 08, 1986
    Last Structure Change Effective Date: April 28, 2010
    Last Structure Change Process Date: April 28, 2010
    Last Data Update: April 28, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 13700 East Arapahoe Road, Centennial, CO 80112
    County: Arapahoe
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Denver
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Denver, CO (#2080)
    Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
    Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
    Core Based Statistical Area (CBSA): Denver-Aurora-Broomfield, CO (#19740)
    CBSA Metro Statistical Area: Denver-Aurora-Broomfield, CO (#19740)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $147.7 mil
    Equity capital: $15.8 mil
    Deposits held in domestic offices: $131.2 mil
    Return on assets (ROA): -0.74% (-$1.1 mil)
    Quarterly return on assets: -0.45% (-$0.7 mil)
    Return on Equity (ROE): -6.46% (-$1.0 mil)
    Quarterly return on equity: -3.98% (-$0.6 mil)
    Net income: -$0.9 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: -1.12% (-$1,653.9 mil)
    Quarterly Pretax return on assets: -0.70% (-$1,033.7 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 27Total employees (full-time equivalent)
  • $147,670Total assets
  • $16,370Cash and due from depository institutions
  • $14,559Interest-bearing balances
  • $55,699Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $68,731Net loans & leases
  • $832Loan loss allowance
  • $0Trading account assets
  • $2,866Bank premises and fixed assets
  • $0Other real estate owned
  • $1,154Goodwill and other intangibles
  • $147,670Life insurance assets
  • $2,850All other assets
  • $131,857Total liabilities and capital
  • $131,204Total liabilities
  • $94,750Total deposits
  • $131,204Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $653Subordinated debt
  • $15,813All other liabilities
  • $15,813Total equity capital
  • $15,813Total bank equity capital
  • $0Perpetual preferred stock
  • $255Common stock
  • $17,835Surplus
  • $-2,277Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $389Income earned, not collected on loans
  • $0Earning assets
  • $295Long-term assets (5+ years)
  • $138,989Average Assets, year-to-date
  • $28,574Average Assets, quarterly
  • $117,351Volatile liabilities
  • $141,614Insider loans
  • $77,564FHLB advances
  • $140,988Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,009Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,652Restructured Loans and leases
  • $40Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,064Total interest income
  • $776Total interest expense
  • $3,288Net interest income
  • $597Provision for loan and lease losses
  • $211Total noninterest income
  • $0Fiduciary activities
  • $123Service charges on deposit accounts
  • $0Trading account gains & fees
  • $88Additional noninterest income
  • $4,199Total noninterest expense
  • $2,455Salaries and employee benefits
  • $501Premises and equipment expense
  • $1,243Additional noninterest expense
  • -$1,297Pre-tax net operating income
  • -$13Securities gains (losses)
  • -$447Applicable income taxes
  • -$863Income before extraordinary items
  • $0Extraordinary gains - net
  • -$863Net income attributable to bank
  • $0Net charge-offs
  • -$863Cash dividends
  • $89Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.73%Yield on earning assets
  • 0.71%Cost of funding earning assets
  • 3.01%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 3.85%Noninterest expense to earning assets
  • -0.73%Net operating income to assets
  • -0.74%Return on assets (ROA)
  • -1.12%Pretax return on assets
  • -6.46%Return on equity (ROE)
  • -6.46%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 670.79%Credit loss provision to net charge-offs
  • -7.87%Efficiency ratio
  • 118,234Assets per employee
  • 5.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 213.88%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.56%Net loans and leases to deposits
  • 52.38%Net loans and leases to core deposits
  • 64.70%Equity capital to assets
  • 10.71%Core capital (leverage) ratio
  • 9.23%Tier 1 risk-based capital ratio
  • 16.77%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $117,351Average earning assets
  • $13,351Average equity
  • $109,082Average loans

List of branches

  • 3 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    036117Centennial Bank13700 East Arapahoe Road, Centennial, CO 80112December 08, 1986Full Service Brick and Mortar
    1520020Downtown Denver Branch717 17th Street, Suite 100, Denver, CO 80202March 28, 2011Full Service Brick and Mortar
    2529273Boulder Branch2500 Broadway Street, Boulder, CO 80304Febuary 28, 2012Full Service Brick and Mortar

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