Centennial Bank

What sets Centennial Bank apart

• At 12.61%, the tier 1 leverage ratio of Centennial Bank sits in the top tenth of its size group ($10 bn to $100 bn, 126 banks), where the median is 10.25%.

How large is Centennial Bank?

The balance sheet of Centennial Bank at Q2 2026: assets $24.6 bn, deposits $19.6 bn, net loans $16.7 bn (loans equal to 85.40% of deposits). Securities make up 16.4% of total assets at Centennial Bank. Since Q1 2016, when Centennial Bank held $9.4 bn, its assets grew 162.0%. In the year to Q2 2026, deposits at Centennial Bank rose 8.8% while its total assets rose 8.0%. At Q2 2026, Centennial Bank employed 2,684 full-time equivalent staff across 243 offices, about $9.1 mn of assets per employee and $80.5 mn of deposits per office.

How much funding at Centennial Bank is uninsured?

At Centennial Bank, uninsured deposits (above the FDIC limit) made up 46.72% of domestic deposits at Q2 2026 (-1.46 pp on a year earlier); Centennial Bank ranks 112th of 500 on this measure. In dollars, Centennial Bank estimated $9.1 bn of uninsured deposits.

Key facts, Q2 2026

US rank of Centennial Bank: 1 = highest unless marked 1 = lowest.

The CET1 ratio of Centennial Bank stood at 14.83% in Q2 2026, +0.23 pp year on year. Low and high at Centennial Bank since Q1 2016: 10.20% (Q1 2016) to 16.16% (Q2 2021). Equity capital of Centennial Bank at Q2 2026: $4.2 bn, or 17.2% of total assets. Centennial Bank also reported a total capital ratio of 16.09% for Q2 2026, and a tier 1 leverage ratio of 12.61%.

On held-to-maturity securities, Centennial Bank carried an unrealized loss of $106.0 mn at Q2 2026, equal to 2.5% of equity capital. The loss narrowed by $32.3 mn over the year. Its deepest point: $180.3 mn in Q3 2023. The available-for-sale portfolio of Centennial Bank showed an unrealized loss of $221.2 mn at Q2 2026; the loss narrowed by $87.1 mn over the year.

For the year to Q2 2026, Centennial Bank earned a return on equity of 12.23%; return on assets: 2.13%. Net interest margin at Centennial Bank: 4.62%, +0.10 pp in a year. Centennial Bank net income: $249.5 mn, up 4.0% year on year. The efficiency ratio of Centennial Bank was 41.31%: about 41 cents cost per revenue dollar, against 53 cents at the median peer.

At Q2 2026, noncurrent loans were 0.55% of total loans at Centennial Bank; net charge-offs: 0.07% of average loans. Gross loans and leases at Centennial Bank: $17.0 bn, up 12.9% in a year.

The peer group of Centennial Bank is the 6 banks nearest to it by total assets at Q2 2026: 3 larger and 3 smaller. Of the peers, 3 share the charter type of Centennial Bank (state member bank), 6 sit in the same size group ($10 bn to $100 bn) and 1 has its head office in Arkansas. Against them, Centennial Bank shows CET1 ratio 14.83% against a peer median of 13.95%, return on equity 12.23% against a peer median of 10.68% and uninsured deposit share 46.72% against a peer median of 42.77%.

The FDIC history of Centennial Bank, oldest first; figures before and after each event are not like for like.

1. 1 October 2015. Absorbed Bay Cities Bank (FDIC certificate 35066).
2. 24 February 2017. Absorbed Landmark Bank, National Association (FDIC certificate 34832).
3. 1 March 2017. Absorbed The Bank of Commerce (FDIC certificate 35451).
4. 27 September 2017. Absorbed Stonegate Bank (FDIC certificate 57934).
5. 1 April 2022. Absorbed Happy State Bank (FDIC certificate 10359).
6. 1 April 2026. Absorbed Mountain Commerce Bank (FDIC certificate 4931).

Large one-quarter moves at Centennial Bank

• Total assets at Centennial Bank changed by +31.1% in the quarter to 2017-09-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Stonegate Bank.
• Total assets at Centennial Bank changed by +30.1% in the quarter to 2022-06-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Happy State Bank.