Vitals
  • Total Assets
    1.2B 5.6 %
  • Total Deposits
    1.0B -2.0 %
  • Total Net Loans
    983.1M 8.7 %
  • Net Income
    1.9M -68.1 %
  • Book Value
    170.0M 59.3 %
  • Book Value x2
    340.1M 59.3 %
  • Book Value x3
    510.1M 59.3 %
ROAA

.603

ROAE

4.47

Efficiency Ratio

77.15

Net Interest Margin

4.62

Balance Sheet Highlights
Financial Highlights Central Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 1,243,458 138,470
Total Net Loans 983,149 90,728
Total Deposits 1,037,781 118,251
Total Equity 170,049 15,041
Profitability
Net Income 1,893 397
Return on Average Assets .603 1.037
Return on Average Equity 4.47 9.666
Net Interest Margin 4.62 3.809
Efficiency Ratio 77.15 68.539
Noninterest Income/Revenue 16.903 13.003
Balance Sheet Ratios
Loan-to-Deposit 94.736 74.969
Securities/Assets .092 .178
Total Equity/Total Assets .137 .109
Tangible Equity/Tangible Assets .076 .107
Capital Adequacy
Tier 1 Common Capital 101,420 14,290
Tier 1 Capital 101,420 14,297
Tier 2 Capital 3,272 1,074
Total Capital 104,692 15,391
Total Risk Weighted Assets 941,572 98,693
Leverage Ratio 8.53 10.399
Common Equity Tier 1 Capital Ratio 10.77 15.357
Tier 1 Capital Ratio 10.77 15.369
Total Capital Ratio 11.12 16.468

Timeline for Central Bank

Midwestone Bank

Central Bank was acquired by Midwestone Bank 8 years

View Profile Apr 02 2016

Midwestone Financial Group, Inc.

Midwestone Financial Group, Inc. became a new parent organization for Central Bank.

View Profile May 02 2015

First National Bank And Trust

Acquisition: Central Bank acquired a new subsidiary, First National Bank And Trust, 10 years

View Profile Apr 12 2014

Bank Of Naples

Acquisition: Central Bank acquired a new subsidiary, Bank Of Naples, 11 years

View Profile Jul 13 2012

Riverbank

Acquisition: Central Bank acquired a new subsidiary, Riverbank, 12 years

View Profile Oct 08 2011

Want to see more?

Complete timeline for Central Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Midwestone Bank Buyer 2,995,526 Pooling of Interests Discontinued 4/2/2016
First National Bank And Trust Seller 43,604 Acquisition Discontinued 4/12/2014
Bank Of Naples Seller 116,009 Acquisition Discontinued 7/13/2012
Riverbank Seller 325,028 Failure 10/8/2011
Rosemount National Bank Seller 21,454 Failure 4/16/2011
Commerce Bank Of Southwest Florida Seller 70,997 Failure 11/21/2009
Riverview Community Bank Seller 99,057 Failure 10/24/2009
Jennings State Bank Seller 52,347 Failure 10/3/2009
Mainstreet Bank Seller 458,533 Failure 8/29/2009
Cosmopolitan State Bank Of Stillwater Seller 47,092 Discontinued 4/27/1991
Oak Park Bank Seller 21,125 Failure 4/30/1988
Relationships Role Relationship Start Relationship End
Midwestone Financial Group, Inc. Parent 5/2/2015 4/1/2016
Central Bancshares, Inc. Parent 4/30/1988 5/1/2015
Central Bank Home Mortgage Services, Inc. Subsidary 8/29/2009 3/11/2011
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