Central Bancshares, Inc. Financial Information

Statement of Condition

Transparency is a large part of our role as a community banking organization. Our financial information is publicly available for anyone to review. The following information is a summary balance sheet (unaudited) for Central Bancshares, Inc. as of September 30, 2017.  All amounts are rounded to the nearest thousand.

Assets 

Cash and due from depository institutions$          24,450,000
Securities215,078,000
Fed funds sold and reverse repurchase agreements10,200,000
Net loans and leases575,168,000
Bank premises and fixed assets16,784,000
Other real estate owned55,000
Goodwill and other intangibles17,258,000
All other assets            26,609,000
Total Assets                                                     $        885,602,000

Liabilities & Capital 

Total deposits                                                               $          753,587,000
Federal funds purchased and repurchase agreements10,471,000
Other borrowed funds10,073,000
All other liabilities              6,760,000
Total Liabilities$        780,891,000
  
Common stock1,900,000
Surplus35,105,000
Undivided profits            67,706,000
Total Equity Capital$        104,711,000
Total Liabilities and Capital$        885,602,000

Further Information

Additional financial information can be obtained by visiting the financial reporting section of the FDIC (Federal Deposit Insurance Corporation) website. Click here to visit the site.  

Select “Bank Holding Companies” in the horizontal menu bar. A search form will appear. Enter Central Bancshares in the “Bank Holding Company Name” dialog box and Muscatine in the “City” dialog box (the other boxes can remain blank). Then press the search button on the bottom of the page.

The remainder of the search process is fairly self-explanatory, and you will be able to access detailed financial information for our company as well as our subsidiary banks.