Centier Bank is headquartered in Whiting and is the 7th largest bank in the state of Indiana. It is also the 238th largest bank in the nation. It was established in 1895 and as of March of 2021, it had grown to 870 employees at 62 locations. Centier Bank has an A health rating.
Great local option
My local bank is Centier. They are only located in the state of Indiana and do not have a lot of locations. What I like about my bank is the ease of deposits. I can either go into the bank to deposit, deposit a check from the mobile app, or make a cash or check deposit at one of their ATMs. If I go into the bank to deposit, they do NOT try to sell me products that I don't need (i.e. Credit Cards). They do not strike up conversations in order to sell other products either (loans). The deposit is always fast and the bank teller is ALWAYS friendly. At the end of the transaction, they make sure there isn't anything else I need before closing the transaction.
Data as of Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 12854 |
| Year Established | 1895 |
| Employees | 870 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.46% |
| Return on Equity - YTD | 15% |
| Annual Interest Income | $46.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $5.76B$4.90B |
| Loans | Q1 2021vs Q1 2020 | $4.53B$4.07B |
| Deposits | Q1 2021vs Q1 2020 | $4.87B$3.76B |
| Equity Capital | Q1 2021vs Q1 2020 | $560.9MM$504.2MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $69.0MM$46.1MM |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $8.9MM$12.1MM |
| Real Estate Owned | Q1 2021vs Q1 2020 | $5.8MM$7.3MM |
