Centrebank
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Data as of · sourced from FFIEC call reports. How we update
Centrebank is an FDIC-insured commercial bank headquartered in Veedersburg, IN, established in 1917 (FDIC certificate 15532), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $120.0M, up 8.1% from Q2 2025, the 79th largest of 87 banks headquartered in Indiana. It reports no CET1 ratio; its Tier 1 leverage ratio was 17.16% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 15532
- Headquarters
- Veedersburg, IN
- Established
- 1917
- Total assets, Q2 2026
- $120.0M
- Assets vs Q2 2025
- +8.1%
- Tier 1 leverage ratio, Q2 2026
- 17.16%
- Domestic offices
- 6 FDIC institution directory, current count
- Routing number
- 074911219
- Latest call report
- Q2 2026, FFIEC 051 · Centrebank call report
- Holding company
- VEEDERSBURG BANK CORPORATION
- Asset rank in state
- 79th of 87 in Indiana
Centrebank is one of the more profitable banks of its size. Based in Veedersburg, Indiana, it had $120 million in assets at June 30, 2026, up 8.1% from a year earlier. It earns about $2.34 a year on every $100 of assets, about double the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also keeps 5.69 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 banks its size (median 3.95 cents).
Its $16 million commercial and industrial book is improving, with 0.37% past due or on nonaccrual, down from 7.65% a year earlier. Earnings jumped: net income for the quarter was $700,000, 32% above the same quarter a year earlier.
As of June 30, 2026, Centrebank reported a return on assets of 2.34%, a nonperforming-loan ratio of 0.33% and a Texas ratio of 1.38%. The figures come from its call report filed with the FFIEC.
Of the 87 banks headquartered in Indiana, Centrebank is the 79th largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 1.3% to $120.0M, loans fell 2.7% and deposits rose 0.9%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 30.1% of total loans, followed by farmland and other real estate loans at 22.4%. Its 6 offices in the FDIC Summary of Deposits are in 5 cities in IN; its Veedersburg 2 offices book 62% of its branch deposits. Judged on its Q2 2026 call report, Centrebank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 126 N Main St, Veedersburg, IN 47987
- County
- Fountain
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- October 13, 1917
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 26
- Domestic deposits
- $99.1M
- Allowance for credit losses
- $1.3M
- Net charge-offs (YTD)
- $167K
- Average total assets
- $119.7M
- Average total loans
- $90.7M
- Average interest-bearing deposits
- $70.1M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 7, 1937
- FDIC Cert
- 15532
- Fed RSSD
- 163343
- Website
- www.centrebank.net →
- Parent Holding Company
- VEEDERSBURG BANK CORPORATION (RSSD 1407008)
- Ultimate Parent
- LAWRENCE L. OSBORN SCHOLARSHIP TRUST (RSSD 1416989)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Centrebank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Centrebank's total assets moved between a low of $98.6M (Q2 2024) and a high of $120.0M (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$120.0M total assets against $110.9M; $99.4M total liabilities against $92.4M.
$90.2M net loans and leases against $84.2M; $99.1M total deposits against $92.1M.
$0 securities against $0; $24.5M cash and balances due against $21.7M.
$1.9M total interest income against $1.8M; $303K total interest expense against $271K.
$1.6M net interest income against $1.5M.
$281K total noninterest income against $217K; $1.0M total noninterest expense against $971K.
-$107K provision for credit losses against $72K.
$700K net income against $531K.
2.34% return on assets against 1.95%; 5.69% net interest margin against 6.06%.
17.16% tier 1 leverage ratio against 17.02%.
Inside the full Centrebank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeCentrebank rankings
Its closest position to the top of a national ranking is 229 of 3,611, for ROA; its furthest is 3,515 of 4,196, for total assets.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.11% (Q3 2024) to 2.34% (Q2 2026) and its net interest margin ran from 5.69% (Q2 2026) to 6.36% (Q3 2024).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 17.16% | 2.34% | 0.33% | 1.38% | 5.69% |
| Q1 2026 | 17.05% | 1.33% | 0.40% | 1.77% | 5.93% |
| Q4 2025 | 17.20% | 1.59% | 0.36% | 1.59% | 6.08% |
| Q3 2025 | 16.93% | 1.72% | 0.33% | 1.50% | 6.06% |
| Q2 2025 | 17.02% | 1.95% | 0.60% | 2.59% | 6.06% |
| Q1 2025 | 16.98% | 1.65% | 0.05% | 0.32% | 5.85% |
| Q4 2024 | 16.85% | 1.72% | 0.78% | 3.16% | 6.03% |
| Q3 2024 | 17.07% | 1.11% | 0.58% | 2.35% | 6.36% |
Swipe the table sideways to see every column.
Branch Network
View all 6 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Centrebank (main office) | Veedersburg , IN | 47987 | $61.2M |
| Covington Branch | Covington , IN | 47932 | $19.4M |
| Rockville Branch | Rockville , IN | 47872 | $8.0M |
| Kingman Branch | Kingman , IN | 47952 | $7.7M |
| Hillsboro Branch | Hillsboro , IN | 47949 | $2.7M |
| Sterling Branch | Veedersburg , IN | 47987 | $0 |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in IN, rank 109 of 129 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $1.5M approved, $1.5M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2022 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Centrebank
What are Centrebank's total assets?
As of the Q2 2026 filing, Centrebank reported total assets of $120.0 million in its FFIEC call report.
Where is Centrebank headquartered?
It is headquartered in Veedersburg, IN, United States.
When was Centrebank founded?
It was established in 1917, per the FDIC institution directory.
Is Centrebank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #15532). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Centrebank?
Centrebank's primary federal regulator is the FDIC.
How many branches does Centrebank operate?
It operates 6 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Centrebank's Texas Ratio?
Its Texas Ratio is 1.38% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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