Centrix Bank & Trust

Headquarters

1 Atwood Lane
Bedford, NH 03110
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Centrix Bank & Trust is an FDIC insured institution located in Bedford, NH. It was founded in 1999 and has approximately $0.97 billion in assets.

FDIC Insured Yes
FDIC Certificate # 35035
Date Established 1999
Assets $ 965.81 million
Loans $ 721.79 million
Deposits $ 728.32 million
Capital $ 92.84 million
 

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

Deposit Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Centrix Bank & Trust

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
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AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,118 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
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4.000 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
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Note to Centrix Bank & Trust
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Branches

Centrix Bank & Trust 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:
Fairfield,Connecticut


Centrix Bank & Trust Locations


Financial Details

Centrix Bank & Trust Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Centrix Bank & Trust. 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
Centrix Bank & Trust U.S. Bank Average
6.19% 6.94%

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, 2020, Centrix Bank & Trust had $6,241,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $92,836,000 in equity and $8,053,000 in loans loss reserves. That gives it a Texas Ratio of 6.19%.

Return on Equity
Centrix Bank & Trust U.S. Bank Average
9.34% 7.80%

Centrix Bank & Trust has a Return on Equity of 9.34% versus the BestCashCow average of 7.80%. 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.

Capitalization
Centrix Bank & Trust U.S. Bank Average
9.61% 12.68%

Centrix Bank & Trust has a Capitalization of 9.61% versus the BestCashCow average of 12.68. 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.

Centrix Bank & Trust Balance Sheet Analysis

As of September 30, 2014, Centrix Bank & Trust had assets of $965,808,000, loans of $721,792,000, and deposits of $728,316,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 721.79 million
Loan loss allowance $ 8.05 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 N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 728.32 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 965.81 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Centrix Bank & Trust’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in New Hampshire, Centrix Bank & Trust has a significantly higher percent of Small Business Loans, Construction and Development Loans, Commercial Real Estate, Commercial and Industrial 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 4.23
Multifamily
Mortgages
5.19
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 18.28
Construction and Development Loans 12.10
Commercial Real Estate 46.21
Commercial and Industrial Loans 29.57
Farm Loans 0.00

Frequently Asked Questions About Centrix Bank & Trust

Branches and Savings

Is Centrix Bank & Trust FDIC insured?

Yes. It is covered under FDIC Certificate #35035.

Why does Centrix Bank & Trust pay such low interest on savings accounts?

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

Why are Centrix Bank & Trust CD rates not competitive?

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

Is Centrix Bank & Trust a commercial bank?

Yes

Where are Centrix Bank & Trust locations?

See branch locations nearby.

Is Centrix Bank & Trust open on Saturdays?

Is Centrix Bank & Trust open on Sundays?

What time does Centrix Bank & Trust open?

What time does Centrix Bank & Trust close?

Are Centrix Bank & Trust ATMs Open 24/7?

Do Centrix Bank & Trust ATMs accept cash deposits?

Can Centrix Bank & Trust customers use other ATMs?

Do Centrix Bank & Trust branches have notaries?

Will Centrix Bank & Trust notarize my document?

What address for Centrix Bank & Trust should I put for incoming ACH transfers?

Will the Centrix Bank & Trust branch print checks?

Do Centrix Bank & Trust checks expire?

Does Centrix Bank & Trust require US citizenship to open account?

Can Centrix Bank & Trust close my account?

Does Centrix Bank & Trust Report to credit bureaus?

Does Centrix Bank & Trust Use Equifax?

What is Centrix Bank & Trust's ACH Routing Number?

What is Centrix Bank & Trust's SWIFT code?

Products

Does Centrix Bank & Trust offer mortgages?

Compare mortgage rates here.

Does Centrix Bank & Trust offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Centrix Bank & Trust offer personal loans?

Compare personal loan rates here.

Does Centrix Bank & Trust offer student loans?

Will Centrix Bank & Trust cash a check?

Will Centrix Bank & Trust redeem a savings bond?

Does Centrix Bank & Trust cash savings bonds?

Will Centrix Bank & Trust cash money orders?

Can Centrix Bank & Trust issue a money order?

Does Centrix Bank & Trust do currency exchange?

Background on The Bank

Who owns Centrix Bank & Trust?

How long has Centrix Bank & Trust been around?

Can Centrix Bank & Trust transfer to other banks?

Does Centrix Bank & Trust have quick pay?

Does Centrix Bank & Trust accept rolled coins?

Will Centrix Bank & Trust accept loose change?

Where is Centrix Bank & Trust headquarters?

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