109 West Yellowstone Trail
Buffalo Lake, MN 55314
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.80% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

CenBank is an FDIC insured institution located in Buffalo Lake, MN. It was founded in 1893 and has approximately $0.08 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 8848
Date Established 1893
Assets $ 78.48 million
Loans $ 53.79 million
Deposits $ 72.21 million
Capital $ 5.74 million

For a more detailed analysis of CenBank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 22, 2021

Your Current Location: California, CA 92111


Loan Rates - September 22, 2021

Your Current Location: California, CA 92111

There are currently no loan rates available for CenBank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - California 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Learn More
NMLS ID: 330511
2.926% 2.875%
0.63 points
$1,635 fees
$1,038 Learn More

Featured - California Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to CenBank
To upload and update your bank's rates please register. It is free to register and add rates.


CenBank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
San Diego,California

CenBank Locations

Financial Details

CenBank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of CenBank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
CenBank U.S. Bank Average
0.28% 5.29%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2021, CenBank had $18,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $5,742,000 in equity and $598,000 in loans loss reserves. That gives it a Texas Ratio of 0.28%.

Return on Equity
CenBank U.S. Bank Average
32.41% 11.43%

CenBank has a Return on Equity of 32.41% versus the BestCashCow average of 11.43%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

CenBank U.S. Bank Average
7.32% 11.51%

CenBank has a Capitalization of 7.32% versus the BestCashCow average of 11.51. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

CenBank Balance Sheet Analysis

As of March 31, 2021, CenBank had assets of $78,476,000, loans of $53,794,000, and deposits of $72,206,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2021
Cash & Balances due from depository institutions $ 6.29 million
Interest-bearing balances $ 5.49 million
Total securities $ 16.20 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 53.79 million
Loan loss allowance $ 0.60 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 0.62 million
     Total Assets $ 72.73 million
Total deposits $ 72.21 million
      Interest-bearing deposits $ 55.91 million
      Deposits held in domestic offices $ 72.21 million
      % insured (estimated) 86.35%
Federal funds purchased and repurchase agreements $ 0.35 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.18 million
      Total Liabilities $ 72.73 million
      Shareholders’ Equity $ 5.74 million

Summary Income Statement

March 31, 2021
Total Interest Income $ 1.00 million
Total Interest Expense $ 0.04 million
Net interest income $ 0.96 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.04 million
Total non interest expense $ 0.55 million
Pre-tax Net Operating Income $ 0.45 million

Bank Loan Profile?

The top three loan types in CenBank’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and Consumer Auto Loans.

Compared to other banks in Minnesota, CenBank has a significantly higher percent of Consumer Auto Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 3.22
Credit Card Loans 0.00
Consumer Auto Loans 12.82
Small Business Loans 0.00
Construction and Development Loans 2.46
Commercial Real Estate 12.23
Commercial and Industrial Loans 16.31
Farm Loans 20.08

Frequently Asked Questions About Cenbank

Branches and Savings

Is Cenbank FDIC insured?

Yes. It is covered under FDIC Certificate #8848.

Why does Cenbank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Cenbank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Cenbank a commercial bank?


Where are Cenbank locations?

See branch locations nearby.

Is Cenbank open on Saturdays?

Is Cenbank open on Sundays?

What time does Cenbank open?

What time does Cenbank close?

Are Cenbank ATMs Open 24/7?

Do Cenbank ATMs accept cash deposits?

Can Cenbank customers use other ATMs?

Do Cenbank branches have notaries?

Will Cenbank notarize my document?

What address for Cenbank should I put for incoming ACH transfers?

Will the Cenbank branch print checks?

Do Cenbank checks expire?

Does Cenbank require US citizenship to open account?

Can Cenbank close my account?

Does Cenbank Report to credit bureaus?

Does Cenbank Use Equifax?

What is Cenbank's ACH Routing Number?

What is Cenbank's SWIFT code?


Does Cenbank offer mortgages?

Compare mortgage rates here.

Does Cenbank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Cenbank offer personal loans?

Compare personal loan rates here.

Does Cenbank offer student loans?

Will Cenbank cash a check?

Will Cenbank redeem a savings bond?

Does Cenbank cash savings bonds?

Will Cenbank cash money orders?

Can Cenbank issue a money order?

Does Cenbank do currency exchange?

Background on The Bank

Who owns Cenbank?

How long has Cenbank been around?

Can Cenbank transfer to other banks?

Does Cenbank have quick pay?

Does Cenbank accept rolled coins?

Will Cenbank accept loose change?

Where is Cenbank headquarters?

Customer Reviews for CenBank

There are currently no comments for CenBank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →