Centier Bank
Whiting, Indiana, Lake County
$10.4B in total assets, the 159th largest of 4,309 US banks and 4th of 89 headquartered in Indiana.
- FDIC certificate
- 12854
- Established
- 1895
- Owned by
- First Bancshares Inc
- Primary regulator
- FDIC
- Website
- www.centier.com
At a glance
Compared with 132 US banks with $10 billion to $100 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $10.4B | 4% | $22.5B | |
| Loans | $8.1B | 14% | $14.5B | |
| Deposits | $8.8B | 8% | $18.4B | |
| Return on assets | 1.60% | 80% | 1.29% | |
| Net interest margin | 3.57% | 48% | 3.62% | |
| Efficiency ratio | 48.2% | 25% | 55.2% | |
| Equity to assets | 9.86% | 25% | 11.60% | |
| Loans to deposits | 92% | 72% | 87% |
Growth
Total assets grew 12.1% a year over the last 5 years and 11.9% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Feb 1992 | First Commerce Savings Bank, FSB Lowell, IN | $7M |
| Aug 1982 | South Lake National Bank Lowell, IN | n/a |
| Jun 1982 | The First National Bank of Crown Point Crown Point, IN | n/a |
Where they operate
63 branches in 13 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Lake County, IN | $5.6B | 34.9% | 1 of 16 |
| Porter County, IN | $1.5B | 31.3% | 1 of 11 |
| Tippecanoe County, IN | $375M | 9.5% | 3 of 17 |
| Marion County, IN | $280M | 0.7% | 15 of 26 |
| Hamilton County, IN | $237M | 0.8% | 16 of 32 |
| St. Joseph County, IN | $209M | 3.6% | 6 of 15 |
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 11 branches since 2016 (52 to 63, +21.2%). 24 opened, 0 acquired, 13 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 52 | |||
| 2016 | Opened 4 in IndianaClosed Lowell and Whiting | 4 | 2 | +2 | 54 |
| 2017 | Opened 5 in Indiana | 5 | 0 | +5 | 59 |
| 2018 | Opened Elkhart and Fishers | 2 | 0 | +2 | 61 |
| 2019 | Opened Elkhart and Michigan City | 2 | 0 | +2 | 63 |
| 2020 | Opened Fort WayneClosed Valparaiso | 1 | 1 | 0 | 63 |
| 2021 | Opened Saint JohnClosed 6 in Indiana | 1 | 6 | −5 | 58 |
| 2022 | Opened South BendClosed South Bend | 1 | 1 | 0 | 58 |
| 2023 | Opened WhitestownClosed Merrillville and Zionsville | 1 | 2 | −1 | 57 |
| 2024 | Opened 3 in Indiana | 3 | 0 | +3 | 60 |
| 2025 | Opened Fort Wayne | 1 | 0 | +1 | 61 |
| 2026 through Q2 | Opened 3 in IndianaClosed Westfield | 3 | 1 | +2 | 63 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 31% | 25% | |
| 1-4 family residential | 12% | 21% | |
| Business (C&I) | 9% | 17% | |
| Multifamily | 9% | 8% | |
| Construction and land | 8% | 6% | |
| Consumer | 6% | 10% | |
| Other | 26% | 13% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 59% | 62% | |
| Time deposits | 25% | 18% | |
| Noninterest-bearing | 16% | 20% |
Brokered deposits are 10.2% of deposits (peers 7.2%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.82% | 0.63% |
| Net charge-offs, annualized | 0.08% | 0.14% |
| Reserves to loans | 1.22% | 1.14% |
| Leverage ratio | 10.74% | 10.25% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Indiana
Largest competitors in Lake County, IN
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/centier