Centrix Bank & Trust in Bedford, New Hampshire (NH)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Centrix Bank & Trust in Bedford, New Hampshire (NH)
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Centrix Bank & Trust - Overview

  • General
  • FDIC Certificate #: 35035
    Status: Active
    Federal Reserve ID: 2816474
    Date Established: June 07, 1999
    WWW: http://www.centrixbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 73859
    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: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 07, 1999
    Last Structure Change Effective Date: January 01, 2008
    Last Structure Change Process Date: August 12, 2008
    Last Data Update: August 12, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1 Atwood Lane, Bedford, NH 3110
    County: Hillsborough
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Concord
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Manchester, NH (#4760)
    Consolidated Metropolitan Statistical Area (CMSA): Boston-Worcester-Lawrence, MA-NH-ME-CT (#7)
    Combined Statistical Area (CSA): Boston-Worcester-Manchester, MA-RI-NH (#148)
    Core Based Statistical Area (CBSA): Manchester-Nashua, NH (#31700)
    CBSA Metro Statistical Area: Manchester-Nashua, NH (#31700)
  • Financial Summary
  • Total assets: $757.6 mil
    Equity capital: $73.8 mil
    Deposits held in domestic offices: $606.8 mil
    Return on assets (ROA): 0.85% ($6.4 mil)
    Quarterly return on assets: 0.89% ($6.7 mil)
    Return on Equity (ROE): 10.22% ($7.6 mil)
    Quarterly return on equity: 9.23% ($6.8 mil)
    Net income: $6.1 mil
    Quarterly Net income: $1.7 mil
    Pretax return on assets: 1.37% ($10,378.5 mil)
    Quarterly Pretax return on assets: 1.41% ($10,681.5 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
  • 122Total employees (full-time equivalent)
  • $757,556Total assets
  • $13,786Cash and due from depository institutions
  • $80Interest-bearing balances
  • $190,889Securities
  • $425Federal funds sold & reverse repurchase agreements
  • $539,062Net loans & leases
  • $6,143Loan loss allowance
  • $0Trading account assets
  • $4,118Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $757,556Life insurance assets
  • $9,276All other assets
  • $683,779Total liabilities and capital
  • $606,804Total liabilities
  • $484,169Total deposits
  • $606,804Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 47753.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,688Trading liabilities
  • $6,000Other borrowed funds
  • $6,534Subordinated debt
  • $73,777All other liabilities
  • $73,777Total equity capital
  • $73,777Total bank equity capital
  • $24,467Perpetual preferred stock
  • $3,090Common stock
  • $14,835Surplus
  • $31,385Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $19,075Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,683Income earned, not collected on loans
  • $204Earning assets
  • $2,048Long-term assets (5+ years)
  • $730,456Average Assets, year-to-date
  • $273,045Average Assets, quarterly
  • $720,578Volatile liabilities
  • $758,217Insider loans
  • $579,686FHLB advances
  • $746,495Loans and leases held for sale
  • $1,807Unused loan commitments
  • $1,807Tier 1 (core) risk-based capital
  • $70,418Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $115,029Restructured Loans and leases
  • $5,152Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $32,958Total interest income
  • $6,580Total interest expense
  • $26,378Net interest income
  • $1,490Provision for loan and lease losses
  • $639Total noninterest income
  • $0Fiduciary activities
  • $223Service charges on deposit accounts
  • $0Trading account gains & fees
  • $416Additional noninterest income
  • $15,620Total noninterest expense
  • $9,348Salaries and employee benefits
  • $1,901Premises and equipment expense
  • $4,371Additional noninterest expense
  • $9,907Pre-tax net operating income
  • $0Securities gains (losses)
  • $3,793Applicable income taxes
  • $6,114Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,114Net income attributable to bank
  • $0Net charge-offs
  • $6,114Cash dividends
  • $1,158Sale, conversion, retirement of capital stock, net
  • $446Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.79%Yield on earning assets
  • 0.96%Cost of funding earning assets
  • 3.83%Net interest margin
  • 0.09%Noninterest income to earning assets
  • 2.27%Noninterest expense to earning assets
  • 0.85%Net operating income to assets
  • 0.85%Return on assets (ROA)
  • 1.37%Pretax return on assets
  • 10.22%Return on equity (ROE)
  • 9.48%Retained earnings to average equity (YTD only)
  • 0.23%Net charge-offs to loans
  • 128.67%Credit loss provision to net charge-offs
  • 9.84%Efficiency ratio
  • 57,815Assets per employee
  • 6.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 7.29%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 228.96%Noncurrent assets plus other real estate owned to assets
  • 0.35%Noncurrent loans to loans
  • 0.49%Net loans and leases to deposits
  • 88.84%Net loans and leases to core deposits
  • 119.72%Equity capital to assets
  • 9.74%Core capital (leverage) ratio
  • 9.43%Tier 1 risk-based capital ratio
  • 12.15%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $720,578Average earning assets
  • $59,800Average equity
  • $688,135Average loans

List of branches

  • 7 New Hampshire Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    073859Centrix Bank & Trust1 Atwood Lane, Bedford, NH 3110June 07, 1999Full Service Brick and Mortar
    1365432Hooksett Road Branch41 Hooksett Road, Manchester, NH 3104October 02, 2002Full Service Brick and Mortar
    2423005Portsmouth Branch163 Deer Street, Portsmouth, NH 3801October 06, 2003Full Service Brick and Mortar
    3439893Milford Branch17 Armory Road, Milford, NH 3055April 15, 2005Full Service Brick and Mortar
    4462497Messenger Branch1 Atwood Lane, Bedford, NH 3110April 16, 2007Limited Service Messenger
    5462796Concord Branch11 South Main Street, Concord, NH 3301April 30, 2007Full Service Brick and Mortar
    6491493Dover Branch538 Central Avenue, Dover, NH 3820June 15, 2009Full Service Brick and Mortar

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