Centreville Savings Bank

1218 Main Street
West Warwick, RI 2893
401-823-6077
www.centrevillebank.com

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Centreville Savings Bank is headquartered in West Warwick and is the 6^th largest bank in the state of Rhode Island. It is also the 681^st largest bank in the nation. It was established in 1888 and as of March of 2012, it had grown to 144 employees at 6 locations. Centreville Savings Bank has a 5-star health rating.

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See Rates for: Savings | Money Market | CD | IRA

Centreville Savings Bank Savings Account Rates

Apy	Min	Max	Product
0.25%	$75k	-	Century Savings Plus
0.10%	-	-	Century Savings
0.10%	-	-	Passbook Savings
0.00%	-	-	Holiday Club

Centreville Savings Bank Money Market Rates

	Apy	Min	Max	Product
	0.05%	-	-	Money Market Account

Centreville Savings Bank CD Rates

Apy	Min	Max	Product
1.50%	$1k	-	5 Year CD
1.20%	$1k	-	4 Year CD
0.85%	$1k	-	3 Year CD
0.50%	$1k	-	2 Year CD
0.35%	$1k	-	18 Month CD
0.25%	$1k	-	12 Month CD
0.10%	$1k	-	3 Month CD
0.10%	$1k	-	6 Month CD
0.10%	$1k	-	9 Month CD

Centreville Savings Bank IRA Rates

Apy	Min	Max	Product
1.50%	$500	-	5 Year Fixed IRA
1.50%	$500	-	5 Year Fixed Roth IRA
1.20%	$500	-	4 Year Fixed IRA
1.20%	$500	-	4 Year Fixed Roth IRA
0.85%	$500	-	3 Year Fixed IRA
0.85%	$500	-	3 Year Fixed Roth IRA
0.50%	$500	-	2 Year Fixed IRA
0.50%	$100	-	12 Month Variable IRA
0.50%	$100	-	12 Month Variable Roth IRA
0.50%	$500	-	2 Year Fixed Roth IRA
0.35%	$500	-	18 Month Fixed IRA
0.35%	$500	-	18 Month Fixed Roth IRA
0.25%	$500	-	12 Month Fixed IRA
0.25%	$500	-	12 Month Fixed Roth IRA

Rates updated: 5/24/2012

Data for Q1 2012

Institution Statistics

Centreville Savings Bank
FDIC Certificate #	17764
BankRate Report	View
Year Established	1888
Employees	144
Primary Regulator	FDIC
Assets and Liabilities
Assets	$965.84 million
Loans	$360.76 million
Deposits	$723.14 million
Equity Capital	$212.15 million
Loan Loss Allowance	$2.35 million
Unbacked Noncurrent Loans	$2.07 million
Real Estate Owned	$1.11 million
Historic Data - March 2011
Assets	$985.48 million
Equity Capital	$205.38 million
Loan Loss Allowance	$2.21 million
Unbacked Noncurrent Loans	$3.91 million
Real Estate Owned	$284,000
Profit Margin - Quarterly
Net Interest Margin	2.28%
Return on Assets	0.37%
Return on Equity	1.69%
Interest Income	$7.23 million

Institution Health

Overall Score:

5 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 March 31, 2012 Centreville Savings Bank had $3.18 million in non-current loans and owned real-estate with $214.5 million in equity and loan loss allowances on hand to cover it. This gives Centreville Savings Bank a Texas Ratio of 1.48% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Centreville Savings Bank decreased slightly from 2.02% as of March 31, 2011 to 1.48% as of March 31, 2012, resulting in a positive change of 26.53%.This indicates that the balance sheet and financial strength for Centreville Savings Bank has improved slightly in recent periods.
Deposit Growth
In the past year, Centreville Savings Bank has decreased its total deposits by -$30.2 million, resulting in -4.01% 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 Centreville Savings Bank has shown is below average.
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. Centreville Savings Bank has $965.84 million in assets with $214.5 million in equity, resulting in a capitalization level of 22.21%, which is excellent.

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