Centier Bank is headquartered in Whiting and is the 7th largest bank in the state of Indiana. It is also the 237th largest bank in the nation. It was established in 1895 and as of December of 2020, it had grown to 881 employees at 64 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 Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 12854 |
| Year Established | 1895 |
| Employees | 881 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.37% |
| Return on Equity - YTD | 13.86% |
| Annual Interest Income | $181.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $5.68B$4.69B |
| Loans | Q4 2020vs Q4 2019 | $4.69B$3.95B |
| Deposits | Q4 2020vs Q4 2019 | $4.66B$3.70B |
| Equity Capital | Q4 2020vs Q4 2019 | $550.7MM$484.9MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $67.7MM$43.4MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $3.4MM$16.9MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $12.5MM$7.2MM |
