Centrue Bank

Headquarters

201 East Main Street
Streator, IL 61364
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.70% →
1-Year CD N.A. 0.75% →
2-Year CD N.A. 0.81% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Centrue Bank is an FDIC insured institution located in Streator, IL. It was founded in 1874 and has approximately $1.02 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 3744
Date Established 1874
Assets $ 968.37 million
Loans $ 693.04 million
Deposits $ 739.09 million
Capital $ 178.81 million
 

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

Deposit Rates - January 17, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - January 17, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Centrue Bank

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 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.701% 2.625% 1.00 $2,495 $1,005 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Centrue Bank
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Branches

Centrue Bank 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


Centrue Bank Locations


Financial Details

Centrue Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Centrue Bank. 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
Centrue Bank U.S. Bank Average
3.14% 6.14%

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 September 30, 2020, Centrue Bank had $884,000 in non-current loans and $4,733,000 in owned real estate. To cover these potential losses it had $178,812,000 in equity and $15,000 in loans loss reserves. That gives it a Texas Ratio of 3.14%.

Return on Equity
Centrue Bank U.S. Bank Average
4.84% 9.23%

Centrue Bank has a Return on Equity of 4.84% versus the BestCashCow average of 9.23%. 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
Centrue Bank U.S. Bank Average
18.47% 12.07%

Centrue Bank has a Capitalization of 18.47% versus the BestCashCow average of 12.07. 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.

Centrue Bank Balance Sheet Analysis

As of June 30, 2017, Centrue Bank had assets of $1,020,787,000, loans of $693,035,000, and deposits of $739,087,000. 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

September 30, 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 $ 693.04 million
Loan loss allowance $ 0.02 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 4.73 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 739.09 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 $ 968.37 million

Summary Income Statement

September 30, 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 Centrue Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and Commercial and Industrial Loans.

Compared to other banks in Illinois, Centrue Bank has a significantly higher percent of Small Business Loans, Commercial Real Estate 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 10.93
Multifamily
Mortgages
9.09
Credit Card Loans 0.00
Consumer Auto Loans 0.26
Small Business Loans 13.16
Construction and Development Loans 4.21
Commercial Real Estate 55.33
Commercial and Industrial Loans 12.62
Farm Loans 2.33

Frequently Asked Questions About Centrue Bank

Branches and Savings

Is Centrue Bank FDIC insured?

Yes. It is covered under FDIC Certificate #3744.

Why does Centrue Bank pay such low interest on savings accounts?

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

Why are Centrue Bank CD rates not competitive?

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

Is Centrue Bank a commercial bank?

Yes

Where are Centrue Bank locations?

See branch locations nearby.

Is Centrue Bank open on Saturdays?

Is Centrue Bank open on Sundays?

What time does Centrue Bank open?

What time does Centrue Bank close?

Are Centrue Bank ATMs Open 24/7?

Do Centrue Bank ATMs accept cash deposits?

Can Centrue Bank customers use other ATMs?

Do Centrue Bank branches have notaries?

Will Centrue Bank notarize my document?

What address for Centrue Bank should I put for incoming ACH transfers?

Will the Centrue Bank branch print checks?

Do Centrue Bank checks expire?

Does Centrue Bank require US citizenship to open account?

Can Centrue Bank close my account?

Does Centrue Bank Report to credit bureaus?

Does Centrue Bank Use Equifax?

What is Centrue Bank's ACH Routing Number?

What is Centrue Bank's SWIFT code?

Products

Does Centrue Bank offer mortgages?

Compare mortgage rates here.

Does Centrue Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Centrue Bank offer personal loans?

Compare personal loan rates here.

Does Centrue Bank offer student loans?

Will Centrue Bank cash a check?

Will Centrue Bank redeem a savings bond?

Does Centrue Bank cash savings bonds?

Will Centrue Bank cash money orders?

Can Centrue Bank issue a money order?

Does Centrue Bank do currency exchange?

Background on The Bank

Who owns Centrue Bank?

How long has Centrue Bank been around?

Can Centrue Bank transfer to other banks?

Does Centrue Bank have quick pay?

Does Centrue Bank accept rolled coins?

Will Centrue Bank accept loose change?

Where is Centrue Bank headquarters?

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