CenterBank in Milford, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • CenterBank in Milford, Ohio (OH)
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CenterBank routing number info

CenterBank - Overview

  • General
  • FDIC Certificate #: 35117
    Status: Active
    Federal Reserve ID: 2887399
    Date Established: March 15, 2000
    WWW: http://www.centerbank4me.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 74906
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 15, 2000
    Last Structure Change Effective Date: January 04, 2012
    Last Structure Change Process Date: January 04, 2012
    Last Data Update: January 04, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 744 State Route 28, Milford, OH 45150
    County: Clermont
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Cincinnati
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Cincinnati, OH-KY-IN (#1640)
    Consolidated Metropolitan Statistical Area (CMSA): Cincinnati-Hamilton, OH-KY-IN (#21)
    Combined Statistical Area (CSA): Cincinnati-Middletown-Wilmington, OH-KY-IN (#178)
    Core Based Statistical Area (CBSA): Cincinnati-Middletown, OH-KY-IN (#17140)
    CBSA Metro Statistical Area: Cincinnati-Middletown, OH-KY-IN (#17140)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $104.9 mil
    Equity capital: $10.4 mil
    Deposits held in domestic offices: $90.0 mil
    Return on assets (ROA): 0.74% ($0.8 mil)
    Quarterly return on assets: 1.41% ($1.5 mil)
    Return on Equity (ROE): 7.80% ($0.8 mil)
    Quarterly return on equity: 14.59% ($1.5 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.74% ($776.0 mil)
    Quarterly Pretax return on assets: 1.41% ($1,478.6 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 28Total employees (full-time equivalent)
  • $104,868Total assets
  • $6,022Cash and due from depository institutions
  • $1,948Interest-bearing balances
  • $13,415Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $80,970Net loans & leases
  • $914Loan loss allowance
  • $0Trading account assets
  • $1,358Bank premises and fixed assets
  • $1,478Other real estate owned
  • $620Goodwill and other intangibles
  • $104,868Life insurance assets
  • $1,005All other assets
  • $94,481Total liabilities and capital
  • $90,034Total liabilities
  • $79,173Total deposits
  • $90,034Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,000Trading liabilities
  • $0Other borrowed funds
  • $447Subordinated debt
  • $10,387All other liabilities
  • $10,387Total equity capital
  • $10,387Total bank equity capital
  • $2,310Perpetual preferred stock
  • $437Common stock
  • $8,225Surplus
  • $-585Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,732Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $722Income earned, not collected on loans
  • $146Earning assets
  • $352Long-term assets (5+ years)
  • $96,333Average Assets, year-to-date
  • $22,000Average Assets, quarterly
  • $104,281Volatile liabilities
  • $105,355Insider loans
  • $86,016FHLB advances
  • $106,767Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,131Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,103Restructured Loans and leases
  • $2,436Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,441Total interest income
  • $1,445Total interest expense
  • $3,996Net interest income
  • $296Provision for loan and lease losses
  • $892Total noninterest income
  • $0Fiduciary activities
  • $52Service charges on deposit accounts
  • $0Trading account gains & fees
  • $840Additional noninterest income
  • $3,853Total noninterest expense
  • $2,172Salaries and employee benefits
  • $289Premises and equipment expense
  • $1,392Additional noninterest expense
  • $739Pre-tax net operating income
  • $34Securities gains (losses)
  • $0Applicable income taxes
  • $773Income before extraordinary items
  • $0Extraordinary gains - net
  • $773Net income attributable to bank
  • $0Net charge-offs
  • $773Cash dividends
  • $392Sale, conversion, retirement of capital stock, net
  • $123Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.80%Yield on earning assets
  • 1.54%Cost of funding earning assets
  • 4.26%Net interest margin
  • 0.95%Noninterest income to earning assets
  • 4.11%Noninterest expense to earning assets
  • 0.71%Net operating income to assets
  • 0.74%Return on assets (ROA)
  • 0.74%Pretax return on assets
  • 7.80%Return on equity (ROE)
  • 6.56%Retained earnings to average equity (YTD only)
  • 0.48%Net charge-offs to loans
  • 75.51%Credit loss provision to net charge-offs
  • 2.64%Efficiency ratio
  • 78,826Assets per employee
  • 3.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 15.91%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 126.59%Noncurrent assets plus other real estate owned to assets
  • 2.10%Noncurrent loans to loans
  • 0.88%Net loans and leases to deposits
  • 89.93%Net loans and leases to core deposits
  • 92.51%Equity capital to assets
  • 9.90%Core capital (leverage) ratio
  • 9.49%Tier 1 risk-based capital ratio
  • 11.78%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $104,281Average earning assets
  • $9,913Average equity
  • $93,775Average loans

List of branches

  • 2 Ohio Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    074906Centerbank744 State Route 28, Milford, OH 45150March 15, 2000Full Service Brick and Mortar
    1433018Eastgate Branch948 Old State Route 74, Cincinnati, OH 45245October 19, 2004Full Service Brick and Mortar

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