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Center National Bank
Center National Bank
RSSD ID 1017957 | CERTIFICATE 10976 | ABA NUMBER 91901891 |
301 N Ramsey Ave |
Quarter Ended : |
2025-03-31 |
Litchfield, Minnesota, 55355 |
Updated : |
2025-04-22 |
www.centernationalbank.com |
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Institution Profile |
Year Opened : |
1891 |
Institution Type : |
Commercial bank |
Entity Type : |
Federal |
Federal Regulator : |
OCC |
Member Federal Reserve : |
Yes |
S-Corp : |
Yes |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
3 |
Number of Employees : |
37 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 245,991 |
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Total Interest Income | 2,710 |
Total Liabilities | 224,375 |
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Total NonInterest Income | 195 |
Total Bank Equity Capital | 21,616 |
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Total Interest Expense | 612 |
Total Deposits | 220,936 |
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Total NonInterest Expense | 1,574 |
Net Loans & Leases | 132,430 |
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Net Income | 701 |
Loan Loss Allowance | 1,274 |
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Net Charge Offs | (2) |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 27,520 |
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Total loans | 131,797 |
Total assets for the leverage ratio | 251,066 |
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Loans secured by real estate: | 93,428 |
Tier 1 Leverage Ratio | 10.3 |
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Commercial and industrial loans | 19,951 |
Tier 1 Capital Ratio | 17.74 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 18.89 |
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Loans to individuals - Other | 9,023 |
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