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



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Centrix Bank & Trust routing number info

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Centrix Bank & Trust
GeneralFDIC 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
LocationAddress: 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 SummaryTotal 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)
Total employees (full-time equivalent)122
Total assets$757,556
Cash and due from depository institutions$13,786
Interest-bearing balances$80
Securities$190,889
Federal funds sold & reverse repurchase agreements$425
Net loans & leases$539,062
Loan loss allowance $6,143
Trading account assets$0
Bank premises and fixed assets$4,118
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$9,276
Life insurance assets$757,556
Total liabilities and capital$683,779
Total liabilities$606,804
Total deposits$484,169
Interest-bearing deposits$606,804
Deposits held in domestic offices$80
% insured (estimated)47753.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$16,688
Other borrowed funds $6,000
Subordinated debt $6,534
All other liabilities $73,777
Total equity capital$73,777
Total bank equity capital$73,777
Perpetual preferred stock$24,467
Common stock$3,090
Surplus$14,835
Undivided profits $31,385
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $19,075
Income earned, not collected on loans $2,683
Earning assets $204
Long-term assets (5+ years) $2,048
Average Assets, year-to-date $730,456
Average Assets, quarterly $273,045
Volatile liabilities $720,578
Insider loans $758,217
FHLB advances $579,686
Loans and leases held for sale $746,495
Unused loan commitments $1,807
Tier 1 (core) risk-based capital $1,807
Tier 2 risk-based capital $70,418
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $115,029
Derivatives$5,152
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $32,958
Total interest expense $6,580
Net interest income $26,378
Provision for loan and lease losses $1,490
Total noninterest income $639
Fiduciary activities $0
Service charges on deposit accounts $223
Trading account gains & fees $0
Additional noninterest income $416
Total noninterest expense $15,620
Salaries and employee benefits $9,348
Premises and equipment expense $1,901
Additional noninterest expense $4,371
Pre-tax net operating income $9,907
Securities gains (losses) $0
Applicable income taxes $3,793
Income before extraordinary items $6,114
Extraordinary gains - net $0
Net income attributable to bank $6,114
Net charge-offs $0
Cash dividends $6,114
Sale, conversion, retirement of capital stock, net $1,158
Net operating income $446
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.79%
Cost of funding earning assets 0.96%
Net interest margin 3.83%
Noninterest income to earning assets 0.09%
Noninterest expense to earning assets 2.27%
Net operating income to assets 0.85%
Return on assets (ROA) 0.85%
Pretax return on assets 1.37%
Return on equity (ROE) 10.22%
Retained earnings to average equity (YTD only) 9.48%
Net charge-offs to loans 0.23%
Credit loss provision to net charge-offs 128.67%
Efficiency ratio9.84%
Assets per employee$57,815
Cash dividends to net income (YTD only)6.21%
Condition Ratios (%)
Loss allowance to loans 7.29%
Loss allowance to noncurrent loans 1.13%
Noncurrent assets plus other real estate owned to assets 228.96%
Noncurrent loans to loans 0.35%
Net loans and leases to deposits0.49%
Net loans and leases to core deposits 88.84%
Equity capital to assets 119.72%
Core capital (leverage) ratio 9.74%
Tier 1 risk-based capital ratio 9.43%
Total risk-based capital ratio 12.15%
Memoranda
Average assets$14
Average earning assets$720,578
Average equity $59,800
Average loans $688,135
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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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