Vitals
  • Total Assets
    64.0M
  • Total Deposits
    55.6M
  • Total Net Loans
    55.9M
  • Net Income
    205000.0000
  • Book Value
    5.5M
  • Book Value x2
    11.0M
  • Book Value x3
    16.5M
ROAA

.685

ROAE

7.545

Efficiency Ratio

78.15

Net Interest Margin

4.087

Balance Sheet Highlights
Financial Highlights Centennial Bank All Insured Commercial Banks in North Carolina
Balance Sheet $(000)
Total Assets 64,005 850,232
Total Net Loans 55,873 538,426
Total Deposits 55,572 595,544
Total Equity 5,507 94,668
Profitability
Net Income 205 118,149
Return on Average Assets .685 1.031
Return on Average Equity 7.545 10.307
Net Interest Margin 4.087 3.862
Efficiency Ratio 78.15 69.896
Noninterest Income/Revenue 15.067 24.357
Balance Sheet Ratios
Loan-to-Deposit 100.542 86.481
Securities/Assets .072 .552
Total Equity/Total Assets .086 .111
Tangible Equity/Tangible Assets .086 -1.074
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 5,411 63,586
Tier 2 Capital 667 13,468
Total Capital 6,078 77,046
Total Risk Weighted Assets 53,257 583,135
Leverage Ratio 8.84 9.343
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 10.16 11.973
Total Capital Ratio 11.41 13.362

Timeline for Centennial Bank

Vantagesouth Bank

Centennial Bank was acquired by Vantagesouth Bank 21 years

View Profile Aug 30 2003

Centennial Bank

Centennial Bank was established 24 years ago and is currently headquartered in Southern Pines, NC.

Jan 24 2000
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Vantagesouth Bank Buyer 2,137,905 Acquisition Discontinued 8/30/2003
Relationships Role Relationship Start Relationship End
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