Centier Bank in Whiting, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Centier Bank - Overview

  • General
  • FDIC Certificate #: 12854
    Status: Active
    Federal Reserve ID: 783648
    Bank Holding Company (Regulatory Top Holder): First Bancshares, Inc. (RSSDID: 1204560, Location: Whiting, IN)
    Date Established: April 21, 1895
    WWW: http://www.centier.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 47 (Domestic: 47, Interstate: No)
    OTS Docket #: 9447
    FDIC's unique #: 8136
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 14, 2011
    Last Structure Change Process Date: Febuary 16, 2011
    Last Data Update: Febuary 16, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1500 - 119th Street, Whiting, IN 46394
    County: Lake
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Indianapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Gary, IN (#2960)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Gary, IN (#23844)
  • Financial Summary
  • Total assets: $2,123.9 mil
    Equity capital: $181.9 mil
    Deposits held in domestic offices: $1,840.9 mil
    Return on assets (ROA): 0.81% ($17.2 mil)
    Quarterly return on assets: 1.17% ($24.9 mil)
    Return on Equity (ROE): 9.67% ($17.6 mil)
    Quarterly return on equity: 13.70% ($24.9 mil)
    Net income: $16.7 mil
    Quarterly Net income: $6.2 mil
    Pretax return on assets: 1.18% ($25,061.8 mil)
    Quarterly Pretax return on assets: 1.79% ($38,017.5 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
  • 609Total employees (full-time equivalent)
  • $2,123,880Total assets
  • $125,017Cash and due from depository institutions
  • $80,821Interest-bearing balances
  • $168,226Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,659,926Net loans & leases
  • $28,577Loan loss allowance
  • $0Trading account assets
  • $17,961Bank premises and fixed assets
  • $24,295Other real estate owned
  • $1,137Goodwill and other intangibles
  • $2,123,880Life insurance assets
  • $127,318All other assets
  • $1,941,943Total liabilities and capital
  • $1,840,898Total liabilities
  • $1,610,478Total deposits
  • $1,840,898Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 4749.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $65,000Trading liabilities
  • $0Other borrowed funds
  • $31,296Subordinated debt
  • $181,937All other liabilities
  • $181,937Total equity capital
  • $181,937Total bank equity capital
  • $0Perpetual preferred stock
  • $1,028Common stock
  • $64,973Surplus
  • $115,936Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $13,291Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $32,147Income earned, not collected on loans
  • $430Earning assets
  • $6,924Long-term assets (5+ years)
  • $1,908,973Average Assets, year-to-date
  • $730,768Average Assets, quarterly
  • $2,073,829Volatile liabilities
  • $2,112,191Insider loans
  • $1,882,517FHLB advances
  • $2,075,754Loans and leases held for sale
  • $29,569Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $190,080Tier 2 risk-based capital
  • $29,569Total risk weighted assets
  • $0Total unused commitments
  • $286,633Restructured Loans and leases
  • $53,775Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $93,865Total interest income
  • $13,920Total interest expense
  • $79,945Net interest income
  • $18,250Provision for loan and lease losses
  • $24,703Total noninterest income
  • $3,083Fiduciary activities
  • $14,144Service charges on deposit accounts
  • $0Trading account gains & fees
  • $7,476Additional noninterest income
  • $60,885Total noninterest expense
  • $32,435Salaries and employee benefits
  • $11,273Premises and equipment expense
  • $17,177Additional noninterest expense
  • $25,513Pre-tax net operating income
  • -$1,031Securities gains (losses)
  • $7,778Applicable income taxes
  • $16,704Income before extraordinary items
  • $0Extraordinary gains - net
  • $16,704Net income attributable to bank
  • $0Net charge-offs
  • $16,704Cash dividends
  • $21,681Sale, conversion, retirement of capital stock, net
  • $4,538Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.02%Yield on earning assets
  • 0.74%Cost of funding earning assets
  • 4.28%Net interest margin
  • 1.32%Noninterest income to earning assets
  • 3.26%Noninterest expense to earning assets
  • 0.84%Net operating income to assets
  • 0.81%Return on assets (ROA)
  • 1.18%Pretax return on assets
  • 9.67%Return on equity (ROE)
  • 7.04%Retained earnings to average equity (YTD only)
  • 1.33%Net charge-offs to loans
  • 84.18%Credit loss provision to net charge-offs
  • 2.02%Efficiency ratio
  • 58,181Assets per employee
  • 3.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 27.17%Loss allowance to loans
  • 1.69%Loss allowance to noncurrent loans
  • 88.89%Noncurrent assets plus other real estate owned to assets
  • 2.79%Noncurrent loans to loans
  • 1.90%Net loans and leases to deposits
  • 90.17%Net loans and leases to core deposits
  • 93.61%Equity capital to assets
  • 8.57%Core capital (leverage) ratio
  • 9.16%Tier 1 risk-based capital ratio
  • 10.10%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $2,073,829Average earning assets
  • $172,741Average equity
  • $1,869,873Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $388,970Managed Assets
  • 1Number of Accounts
  • $191,763Personal trust and agency accounts
  • $69,301Employee benefit-defined contribution accounts
  • $4,689Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $42,068Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $72,705Other fiduciary accounts
  • $223Fiduciary accounts held in foreign offices
  • $2,777Non-managed Assets
  • 27799Number of Accounts
  • $0Personal trust and agency accounts
  • $42,068Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $197,207Other retirement accounts
  • $55,542Corporate trust and agency accounts
  • $83,420Other fiduciary accounts
  • $54,997Fiduciary accounts held in foreign offices

List of branches

  • 47 Indiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08136Centier Bank1500 - 119th Street, Whiting, IN 46394April 21, 1895Full Service Brick and Mortar
    1228030Highland Branch9701 Indianapolis Boulevard, Highland, IN 46322October 29, 1963Full Service Brick and Mortar
    2228031Dyer Branch1121 Sheffield Avenue, Dyer, IN 46311April 05, 1973Full Service Brick and Mortar
    3228032Pine Island Branch5191 West Lincoln Highway, St. John Township, IN 46375October 11, 1975Full Service Brick and Mortar
    4228033Griffith Branch500 North Broad Street, Griffith, IN 46319August 23, 1976Full Service Brick and Mortar
    52842Crown Point Main Branch117 East Joliet Street, Crown Point, IN 46307January 01, 1874Full Service Brick and Mortar
    7203050Merrillville Branch8310 Broadway, Merrillville, IN 46410December 27, 1975Full Service Brick and Mortar
    8203051Main Street Branch1276 North Main Street, Crown Point, IN 46307April 25, 1977Full Service Brick and Mortar
    9203052The Lake Of The Four Seasons Branch8183 East 109th Street, Crown Point, IN 46307December 15, 1977Full Service Brick and Mortar
    10203053Franciscan Drive Branch200 West Franciscan Drive, Crown Point, IN 46307December 03, 1979Full Service Brick and Mortar
    1115697Lowell Main Branch1914 East Commercial Avenue, Lowell, IN 46356August 08, 1977Full Service Brick and Mortar
    12228034Lincolnway Branch150 West Lincolnway, Valparaiso, IN 46383Febuary 15, 1988Full Service Brick and Mortar
    13228035North Calumet Avenue Branch1802 North Calumet Avenue, Valparaiso, IN 46383March 20, 1989Full Service Brick and Mortar
    17228037Chesterton Branch104 Grant St, Chesterton, IN 46304July 15, 1992Limited Service Facility
    1842508Valley Savings Branch103 Broadway, Chesterton, IN 46304January 01, 1921Full Service Brick and Mortar
    192767501600 South Calumet Road Branch1600 South Calumet Road, Chesterton, IN 46304June 30, 1987Full Service Brick and Mortar
    21228039Pines Retirement Village Branch3303 Pines Village Circle, Valparaiso, IN 46383August 02, 1993Full Service Brick and Mortar
    22228040Valparaiso South Branch154 West Highway 30, Valparaiso, IN 46383Febuary 16, 1994Full Service Brick and Mortar
    24228042Portage Branch6020 Central Avenue, Portage, IN 46368June 28, 1995Full Service Brick and Mortar
    25228043Highway 6 Valparaiso Branch390 West U.S. Highway 6, Valparaiso, IN 46385April 12, 1996Full Service Brick and Mortar
    26228044Willowcreek Road Branch3320 Willowcreek Road, Portage, IN 46368April 24, 1996Full Service Brick and Mortar
    27228045Calumet Avenue Branch1605 Calumet Avenue, Valparaiso, IN 46383April 22, 1997Full Service Brick and Mortar
    28228046Sterk's - Whiting1836 Calumet Ave, Whiting, IN 46394November 01, 1997Full Service Retail
    30228048Ultra Supermarket Branch6110 Broadway, Merrillville, IN 46410December 02, 1998Full Service Retail
    3122804937th Avenue Supermarket Branch7760 East 37th Avenue, Hobart, IN 46342January 03, 1999Limited Service Retail
    32228050Hobart Supermarket Branch7760 East 37th Avenue, Hobart, IN 46342January 04, 1999Full Service Brick and Mortar
    33357251Hobart Downtown Branch433 Main Street, Hobart, IN 46342September 20, 1999Full Service Brick and Mortar
    34357252St. John Branch9151 Wicker Avenue, Saint John, IN 46373September 13, 1999Full Service Brick and Mortar
    35358971Munster Branch9716 Wihte Oak Avenue, Munster, IN 46321December 04, 2000Full Service Brick and Mortar
    36366232East Chicago Branch4725 Indianapolis Boulevard, East Chicago, IN 46312November 25, 2002Full Service Brick and Mortar
    37419653Gary - Miller Branch650 South Lake Street, Gary, IN 46403November 15, 2002Full Service Brick and Mortar
    38422919La Porte Branch702 East Lincolnway, La Porte, IN 46350September 12, 2003Full Service Brick and Mortar
    3942318681st Street Hobart Branch3198 East 81st Street, Hobart, IN 46342October 09, 2003Full Service Brick and Mortar
    41432878La Porte Branch73 Pine Lake Avenue, Laporte, IN 46350October 01, 2004Full Service Retail
    42433299Laporte Avenue Branch2707 Laporte Avenue, Valparaiso, IN 46383November 29, 2004Full Service Brick and Mortar
    43441081Court Street Branch1501 South Court Street, Crown Point, IN 46307June 13, 2005Full Service Brick and Mortar
    44441970Plymouth Branch201 North Michigan Street, Plymouth, IN 46563August 16, 2004Full Service Brick and Mortar
    45441971Highland - Martha Branch9102 Indianpolis Blvd, Highland, IN 46322October 27, 2004Full Service Brick and Mortar
    46445625Oak Road Plymouth Branch537 North Oak Road, Plymouth, IN 46563November 07, 2005Full Service Brick and Mortar
    474508369825 Wicker Avenue Branch9825 Wicker Avenue, Saint John, IN 46373April 19, 2006Full Service Retail
    48451893Crown Point Stracks Branch10851 Broadway, Crown Point, IN 46307June 07, 2006Full Service Retail
    50463556Gary Glen Park Branch4883 Broadway, Gary, IN 46409May 31, 2007Full Service Brick and Mortar
    51478852Gary Midtown Branch1320 Broadway, Gary, IN 46407July 21, 2008Full Service Brick and Mortar
    52506077Fort Wayne Branch9921 Dupont Circle Drive West Suite 110, Fort Wayne, IN 46825January 22, 2010Full Service Brick and Mortar
    53506078Mishawaka Branch4101 Edison Lakes Parkway Suite 325, Mishawaka, IN 46545January 20, 2010Full Service Brick and Mortar
    55511678Lafayette In Branch323 Columbia Street, Lafayette, IN 47901August 16, 2010Full Service Brick and Mortar
    56519097Hammond In Hohman Avenue Branch5433 Hohman Avenue, Hammond, IN 46320April 29, 2011Full Service Brick and Mortar

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