# CENTENNIAL BANK
LUBBOCK, TX · FDIC certificate 14562 · asset band $300M-1B · latest filing 2020-06 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $874.0M | |
| Deposits | $786.1M | |
| Loans and leases | $627.0M | |
| Total equity | $86.8M | |
| Loans / deposits | 78.84% (p42 of band) | 82.55% |
| Liquid assets / assets | 23.05% (p42 of band) | |
| Uninsured deposits / deposits | 34.26% (p81 of band) | 23.22% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p9 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.28% (p55 of band) | 10.04% |
| Unrealized securities loss / equity | 0.10% (p12 of band) | 2.80% |
| AOCI / equity | 0.66% (p28 of band) | |
| ROA (annualized) | 0.99% (p46 of band) | 1.04% |
| Net interest margin | 4.10% (p80 of band) | 3.59% |
| Efficiency ratio | 73.38% (p76 of band) | |
| Noncurrent loans | 1.29% (p79 of band) | 0.55% |
| Net charge-offs (annualized) | -0.02% (p10 of band) | |
| Reserve coverage of noncurrent | 88.77% | |
| Real estate % of loans | 82% | |
| Construction % of loans | 102.42% (p93 of band) | |
| Auto loans | $1.5M (0.24% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 15.7% | |
| Employees | 159 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 0 |  | reserve under noncurrent |
| 2011-12 | 0 |  |  |
| 2012-03 | 2 | reserve under noncurrent, uninsured deposits leaving |  |
| 2012-06 | 1 |  | uninsured deposits leaving |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 0 |  | reserve under noncurrent |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | capital falling |  |
| 2015-03 | 0 |  | capital falling |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 1 | deposits shrinking |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 0 |  | deposits shrinking |
| 2016-12 | 1 | capital falling |  |
| 2017-03 | 0 |  | capital falling |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | charge-offs p90 |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | capital falling |  |
| 2018-12 | 1 |  | capital falling |
| 2019-03 | 0 |  | charge-offs p90 |
| 2019-06 | 1 | capital falling |  |
| 2019-09 | 0 |  | capital falling |
| 2019-12 | 1 | reserve under noncurrent |  |
| 2020-03 | 1 | construction >100% equity | reserve under noncurrent |
| 2020-06 | 3 | capital falling, reserve under noncurrent |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-04-15 [Home BancShares first quarter 2026 earnings report expected Wednesday - The Arkansas Democrat-Gazette](https://news.google.com/rss/articles/CBMilwFBVV95cUxQYkRFMklzUXFpQ1pLTUtfeGpscWVmdHhoaXJFaHB5Mzl5NEZrNzd4XzlHRzRsY1h0QW9YbFpPS0hoSHFqN2E2NWpRUVppYXdiQ2pyOWxYSkpTQURVTnNuNnZreVF1bVJnWVBTcGN6VWFvdElkMzE4QVRkYk9Rb2JiMjVyd2I5SFVKMjZjRjlfbnNETEhWd3Vr?oc=5) · The Arkansas Democrat-Gazette
- 2025-10-10 [Settlement reached after claims, counterclaims of stealing trade secrets following Happy State Bank-Centennial merger - lubbocklights.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxPQTlaa2cyOTN1NlIwbFVfbnNvSXZWU2pWMV9fN1FhMFdGWUxHWHM5ODV2ekxGcjRPRERGMWF4eEhKZFJyYjZVaUtVdm9vTWxrVzJtUkl0MElpbmZUVkZOZGFpclFvdTJ1NXRRZnJ3RTVlRkhsMGYyUWNfYmVWRG9rMzYyX3Qwa3dOc1NqeHY5c2JJSi0zaTNGZlZqSDBXSFB2QXVrNW1Ra3pGQkZTZklBd1hJMklwakhwX05JZHNIdTU2RG9CeHBwSUt6d3Q0WksxMDRSdE9Pdi1pdWs?oc=5) · lubbocklights.com
- 2026-05-22 [Inwood Bank president abruptly departs after 40-plus years - The Business Journals](https://news.google.com/rss/articles/CBMikwFBVV95cUxPT2REMEM1SlNmVU5GSk9HSV9KdzhBVDdGZWFKM25MYWF6RWV3UEhuR1FZdDYxcGYzU2hYWlFQMnNWRV9ndXVlZEEzZWFWZGsxQlpzaGN5dGhTNTlHcjNWT09HTzBRVWdna3FRUEdKdTJDOXgwbzl2ek1pbF9IcGs0dDRHUFZpRXVHaXFKZk5TTWFsY28?oc=5) · The Business Journals
- 2025-10-04 [Raynor’s Late-Game Heroics Lead A-State to Victory Over Texas State, 31-30 - Arkansas State Red Wolves](https://news.google.com/rss/articles/CBMiyAFBVV95cUxNd1N6V3VTVDVtZ1ViNVdrSkFYOUxnR2J4UzNFQlNyNk5pNGcwOXBra2tJRl9JWXF3R2pfNnhoZVZKbEV4MlFDM1JTUjZuWHI4NTBpaXlQRFR4NmVnU0Z1cGtNQW01X0dOVjc4WTdqQk9ISnN5a0tDejNzTzVXR2Jad2VFR0FlWXhKSC1wbzI5b0dXaEVIQ1BseExVVzZXUWZ6dkw5bk5WeDh1cFdvUk45Qm91QVh6UWJ3cnl4Q2Ntdnp2eVJGc0R3eA?oc=5) · Arkansas State Red Wolves
- 2019-08-16 [Happy State Bank to acquire Lubbock’s Centennial Bank - KCBD](https://news.google.com/rss/articles/CBMiigFBVV95cUxQRnhXSzBlUU43bjNPeVRPUGR5c0M2Sm1YY29hWkVkVjRzUHRaTWc2ZnBmVWRyT0FDQk04Q1YwQTh1T2VoMXFJUUF0d014TGdkNXV1M3I2Z0VBa1RTM1J4NmRjRkFzbkUxSWNobnREUmtxQU0zQmN5Rl9Gd29uZ25XTXJXUDdFZWg5SFHSAZ4BQVVfeXFMUERVb2ZjOHg0YndEcUNZQmhkN3ZVTGdEd2RHVUhhNnhsYk1KalgyNlRPVmoxakIzWWtfX3VNeUM0MFBWZEw4VUIxYk90ZXRlOUx1YVdQN2JDb3VUX0piZWFhSDJ3VXE5eG5qVy0xZWJ5QnRYcGJGeE14TEFrdm1iWUU4ekRmSmt5QUhzYXNGN2NlV1dKSHBISWpyNktTanc?oc=5) · KCBD
- 2023-05-18 [Happy State Bank Joins the Ameriprise Financial Institutions Group through its Merger with Centennial Bank - Business Wire](https://news.google.com/rss/articles/CBMi9gFBVV95cUxNMk1HR0t5dWNuNFJHOEY4X1VKcWVDaDlCbFR0cmo4NUt5RGxsZE52czFkTlpLV1lMN2hPSzBXMmxOWkxBRkFzWi1fU0JnVUtrdHpOQVBWc29WcS1Ud2JYSW1wbElaMXp3dDNJYnNoWFRmS1JUalBpREpIY1ZPU2Jacmt5YjhuSVhGM0hzdkt2T1VKbkpYVk10VEpFeUM3dW5Fcy1iMTFOdm5QenlfV3BqQzhSSkdONDZobHFnaTF0TUQ2SWpZUGpvTUptTVFZamt6RUppbzRmWVEzVm1LUmZtTnZZQ2hBMF9HNU5QVXVQdm5ueTdZSFE?oc=5) · Business Wire
- 2021-09-15 [Centennial Bank parent company to acquire Happy State Bank - Amarillo Globe-News](https://news.google.com/rss/articles/CBMiugFBVV95cUxNM1NuVG01cFpzT1JDZHlycDd4SGRnMW13VmlSUHA5ZnNlQ3JrRWJCQ1pEMUlheUFVdGF4QUxOWTJ0ZEc3cm1qSHZsdERaUGhWME1ZQlJaQXlycEMxc1JSVGlKMmVFTnpjVFlVbnVQdnpBd0RPZlIwR3RWZV9DWnpscnJhWEFSTWVOOXNadVVDcDZCWDNlYkl0Qk5ZeGIyZEJOX092VzJhTFpQQjJDUkFUcjUwWG1haVJoREE?oc=5) · Amarillo Globe-News
- 2019-08-16 [Happy State Bank announces plan to acquire Centennial Bank - Lubbock Avalanche-Journal](https://news.google.com/rss/articles/CBMixAFBVV95cUxQREdSSTdsRFo1c28tWlRDekNFOXNGODFmTUplTGFGbXJQb1g4cDhEVGNGbDNrRnZJZFpUTnZxd1BqZExtQllKcTJBaGNmNGRKQ1l5ekpJT2Q3VERCZ1dndXdBWjJNdlFma3ROa2pycG5uTGtFM29tbnZjcmNDTEQ5Mk1MdUFoNmp3MWRyV3l2QVU5dkNwRkZ1SUhDMEtJMW9udGlzbndFRHBnRzgzOEZhcWk2V1pLU3RIZ3hiUTlueG1LM3d3?oc=5) · Lubbock Avalanche-Journal

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=14562 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/34.json (key "14562", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide