Centennial Bank (TX)

Centennial Bank (TX) is headquartered in Plainview and is the 117^st largest bank in the state of Texas. It is also the 1,506^th largest bank in the nation. It was established in 1934 and as of December of 2012, it had grown to 113 employees at 6 locations. Centennial Bank (TX) has a 4-star health rating.

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Data for Q4 2012

Institution Statistics HCSB OTS # 9841 FDIC Certificate # 14562 BankRate Report View Year Established 1934 Employees 113 Primary Regulator FED Assets and Liabilities Assets $444.34 million Loans $264.50 million Deposits $400.91 million Equity Capital $41.05 million Loan Loss Allowance $2.78 million Unbacked Noncurrent Loans $4.05 million Real Estate Owned $804,000 Historic Data - December 2011 Assets $401.64 million Equity Capital $35.39 million Loan Loss Allowance $2.73 million Unbacked Noncurrent Loans $2.38 million Real Estate Owned $161,000 Profit Margin - Quarterly Net Interest Margin 4.3% Return on Assets 1.27% Return on Equity 13.31% Interest Income $17.31 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 Centennial Bank (TX) had $4.85 million in non-current loans and owned real-estate with $43.83 million in equity and loan loss allowances on hand to cover it. This gives Centennial Bank (TX) a Texas Ratio of 11.06% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Centennial Bank (TX) held steady from 6.75% as of December 31, 2011 to 11.06% as of December 31, 2012, resulting in a negative change of 64.02%. This indicates that the balance sheet and financial strength for Centennial Bank (TX) has held steady in recent periods. Deposit Growth In the past year, Centennial Bank (TX) has increased its total deposits by $37.29 million, resulting in 10.25% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Centennial Bank (TX) has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Centennial Bank (TX) has $444.34 million in assets with $43.83 million in equity, resulting in a capitalization level of 9.86%, which is average.

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