# CENTREBANK
VEEDERSBURG, IN · FDIC certificate 15532 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *fortress*. Composite score 1 (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 | $120.0M | |
| Deposits | $99.1M | |
| Loans and leases | $91.6M | |
| Total equity | $20.5M | |
| Loans / deposits | 91.08% (p81 of band) | 73.59% |
| Liquid assets / assets | 20.40% (p23 of band) | |
| Uninsured deposits / deposits | 20.29% (p52 of band) | 19.81% |
| Brokered deposits | 0.95% | |
| Wholesale funding | 0.95% (p53 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 17.16% (p86 of band) | 11.76% |
| Unrealized securities loss / equity | 0.00% (p95 of band) | -6.57% |
| AOCI / equity | 0.00% (p78 of band) | |
| ROA (annualized) | 1.86% (p82 of band) | 1.17% |
| Net interest margin | 5.92% (p98 of band) | 3.93% |
| Efficiency ratio | 57.54% (p29 of band) | |
| Noncurrent loans | 0.33% (p48 of band) | 0.36% |
| Net charge-offs (annualized) | 0.29% (p94 of band) | |
| Reserve coverage of noncurrent | 440.07% | |
| Real estate % of loans | 75% | |
| Construction % of loans | 41.86% (p74 of band) | |
| Auto loans | $1.9M (2.10% of loans; DQ 2.91%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 7.6% | |
| Employees | 26 | |

## Flags firing in the latest filing

- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | reserve under noncurrent |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | charge-offs p90 |  |
| 2012-06 | 0 |  | reserve under noncurrent, charge-offs p90 |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 1 | reserve under noncurrent |  |
| 2013-12 | 0 |  | reserve under noncurrent |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 1 | reserve under noncurrent |  |
| 2014-12 | 0 |  | reserve under noncurrent |
| 2015-03 | 1 | reserve under noncurrent |  |
| 2015-06 | 1 | charge-offs p90 | reserve under noncurrent |
| 2015-09 | 2 | reserve under noncurrent |  |
| 2015-12 | 1 |  | reserve under noncurrent |
| 2016-03 | 2 | capital falling, losing money | charge-offs p90 |
| 2016-06 | 1 | charge-offs p90 | capital falling, losing money |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | capital falling |  |
| 2017-03 | 0 |  | charge-offs p90, capital falling |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | uninsured deposits leaving |  |
| 2018-03 | 0 |  | uninsured deposits leaving |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 0 |  | capital falling |
| 2022-12 | 0 |  |  |
| 2023-03 | 1 | deposits shrinking |  |
| 2023-06 | 3 | assets shrinking, uninsured deposits leaving |  |
| 2023-09 | 1 |  | assets shrinking, uninsured deposits leaving |
| 2023-12 | 0 |  | deposits shrinking |
| 2024-03 | 1 | deposits shrinking |  |
| 2024-06 | 2 | assets shrinking |  |
| 2024-09 | 0 |  | deposits shrinking, assets shrinking |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 1 | charge-offs p90 |  |
| 2026-06 | 1 |  |  |

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

- 2025-09-26 [The Soviet revolution in banking - Euromoney](https://news.google.com/rss/articles/CBMingFBVV95cUxNRU5vQi1PRzcwUlBBSm0zN240c2syUXFVTDZXLWJqcV9Fb1ZUUWVFY3BLU0lPcGxmYjVDZW1oRnlwa2JtczF1RjN4UTNCbTBwcnRMQ2F1ZjlpcUlBb1A4bnMtb245QXJjcHdRZk1mdjlKSFQ0T1dXNGo5cGNOaktZajBpSEh4Um16X01jakxuTTExZUxfaFZiR3hNa3ZoQQ?oc=5) · Euromoney
- 2023-05-24 [New Veedersburg mural reflects history of area - Newsbug.info](https://news.google.com/rss/articles/CBMizwFBVV95cUxPNFp6UUlkLXdkeHh3cHdfOWY1SWcyLThVNGRJNGdud0pZdGdESnhfZm5QNm9YUmtmZGE3aVlWOHY1Z0ZGZHRXS1JRbFRhNUt5NGZOdklaOHR6UEpabHUwYk93N3p2S3U0dE8wQldNZmpzVGZ5ZWU5eWNUU3lUNm14NUVTOG9Zc0NLN1RISVJ6T1pyZGhTeVotRGw0UVBmUEV6ZklrSTdCUGg5Q2p3RlRab2g2czlEc1FhempoSkl1Vkk1azQ0cE5tcVpkaVpWMG8?oc=5) · Newsbug.info

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15532 (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/44.json (key "15532", 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