Centennial Bank
Trezevant, Tennessee, Carroll County
$1.1B in total assets, the 1,014th largest of 4,309 US banks and 31st of 109 headquartered in Tennessee.
- FDIC certificate
- 8439
- Established
- 1916
- Owned by
- F&m Bancshares Inc
- Primary regulator
- FDIC
- Website
- http://www.mycentennial.bank
At a glance
Compared with 27 banks headquartered in Tennessee with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.1B | 2% | $1.7B | |
| Loans | $750M | 15% | $1.1B | |
| Deposits | $940M | 7% | $1.5B | |
| Return on assets | 1.25% | 37% | 1.40% | |
| Net interest margin | 3.96% | 70% | 3.76% | |
| Efficiency ratio | 61.9% | 74% | 55.8% | |
| Equity to assets | 10.32% | 59% | 10.05% | |
| Loans to deposits | 80% | 44% | 82% |
Growth
Total assets grew 9.8% a year over the last 5 years and 11.3% a year over 10 years, including 4 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Mar 2026 | The Bank of Jackson Jackson, TN | $224M |
| Jul 2019 | Chester County Bank Henderson, TN | $71M |
| Jul 2019 | Farmers & Merchants Bank Adamsville, TN | $42M |
| Apr 2018 | Merchants & Planters Bank Bolivar, TN | $87M |
| Jan 2016 | Medina Banking Co. Medina, TN | $47M |
| Aug 2007 | Citizens City & County Bank Trenton, TN, an affiliate under the same holding company | $30M |
Where they operate
17 branches in 6 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Gibson County, TN | $250M | 22.1% | 1 of 8 |
| Madison County, TN | $199M | 8.0% | 6 of 17 |
| Hardeman County, TN | $179M | 33.5% | 1 of 5 |
| Carroll County, TN | $127M | 15.8% | 3 of 8 |
| Chester County, TN | $116M | 37.9% | 2 of 5 |
| Mcnairy County, TN | $68M | 13.0% | 5 of 8 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 10 branches since 2016 (7 to 17, +142.9%). 1 opened, 11 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 7 | |||
| 2016 | Acquired Medina Banking Co. | 2 | 0 | +2 | 9 |
| 2017 | Closed Gibson | 0 | 1 | −1 | 8 |
| 2018 | Acquired Merchants & Planters Bank | 3 | 0 | +3 | 11 |
| 2019 | Acquired Chester County Bank and Farmers & Merchants BankClosed Trenton | 3 | 1 | +2 | 13 |
| 2022 | Opened Humboldt | 1 | 0 | +1 | 14 |
| 2026 through Q2 | Acquired The Bank of Jackson | 3 | 0 | +3 | 17 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 29% | 33% | |
| Commercial real estate | 26% | 31% | |
| Business (C&I) | 12% | 10% | |
| Construction and land | 7% | 12% | |
| Farmland | 5% | 2% | |
| Consumer | 4% | 6% | |
| Agricultural | 4% | 0% | |
| Multifamily | 2% | 4% | |
| Other | 10% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 42% | 50% | |
| Time deposits | 40% | 33% | |
| Noninterest-bearing | 17% | 17% |
Brokered deposits are 1.1% of deposits (peers 7.7%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.26% | 0.28% |
| Net charge-offs, annualized | 0.19% | 0.03% |
| Reserves to loans | 1.60% | 1.10% |
| Leverage ratio | 9.82% | 10.20% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Tennessee
Largest competitors in Gibson County, TN
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/centennial-bank-trezevant-tn