Vitals
  • Total Assets
    726.0M -1.2 %
  • Total Deposits
    646.9M 11.9 %
  • Total Net Loans
    490.7M -4.5 %
  • Net Income
    9.9M -10.2 %
  • Book Value
    75.3M -3.0 %
  • Book Value x2
    150.6M -3.0 %
  • Book Value x3
    225.9M -3.0 %
ROAA

1.396

ROAE

12.639

Efficiency Ratio

65.47

Net Interest Margin

4.41

Balance Sheet Highlights
Financial Highlights Centennial Bank All Insured Commercial Banks in Texas
Balance Sheet $(000)
Total Assets 726,004 358,087
Total Net Loans 490,656 213,533
Total Deposits 646,923 308,027
Total Equity 75,299 38,740
Profitability
Net Income 9,943 3,845
Return on Average Assets 1.396 1.025
Return on Average Equity 12.639 9.415
Net Interest Margin 4.41 3.773
Efficiency Ratio 65.47 66.762
Noninterest Income/Revenue 13.12 16.375
Balance Sheet Ratios
Loan-to-Deposit 75.845 65.494
Securities/Assets .217 .214
Total Equity/Total Assets .104 .108
Tangible Equity/Tangible Assets .104 .104
Capital Adequacy
Tier 1 Common Capital 76,553 37,278
Tier 1 Capital 76,553 37,303
Tier 2 Capital 6,601 2,526
Total Capital 83,154 39,866
Total Risk Weighted Assets 565,733 237,367
Leverage Ratio 10.63 10.563
Common Equity Tier 1 Capital Ratio 13.53 18.073
Tier 1 Capital Ratio 13.53 18.097
Total Capital Ratio 14.7 19.169

Timeline for Centennial Bank

Citizens Bank

Acquisition: Centennial Bank acquired a new subsidiary, Citizens Bank, 11 years

View Profile Jan 19 2013

First State Bank

Acquisition: Centennial Bank acquired a new subsidiary, First State Bank, 30 years

View Profile May 28 1994

Farmers State Bank

Acquisition: Centennial Bank acquired a new subsidiary, Farmers State Bank, 37 years

View Profile Feb 27 1987

Commerce Bancshares, Inc.

Commerce Bancshares, Inc. became a new parent organization for Centennial Bank.

View Profile Sep 30 1978

Centennial Bank

Centennial Bank was established 89 years ago and is currently headquartered in Lubbock, TX.

Jun 07 1934
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Citizens Bank Seller 279,733 Pooling of Interests Discontinued 1/19/2013
First State Bank Seller 24,882 Discontinued 5/28/1994
Farmers State Bank Seller 9,803 Failure 2/27/1987
Relationships Role Relationship Start Relationship End
Commerce Bancshares, Inc. Parent 10/1/2008
Commerce Bancshares, Inc. Parent 3/16/1993 9/30/2008
Commerce Bancshares, Inc. Parent 9/30/1978 3/15/1993
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