Centennial Bank Mortgage Rates, Fees & Info

Conway, AR

LEI: 549300BEFX6JRSCS5N78

Tax ID: 71-0009885

4.9 stars - out of 5 stars, based on 59 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Centennial Bank is a small bank specializing in Home Purchase loans. Centennial Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Little Rock, Miami, Orlando, Fayetteville, and Panama City among others. Centennial Bank has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Centennial Bank is typically an average fee lendor.


Originations

3,538

Origination Dollar Volume (All Markets)

$1,025,760,000

Employee count

1,990 Show all (18) awards

Relative Rate

Centennial Bank's average 30 year fixed rate mortgage of loans were 3.18%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.03%.

Relative Fees

Centennial Bank's average total fees for a 30 year fixed rate mortgage are $4,777.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 951 $184,255,000 $193,749 $3,797 3.21%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 134 $144,880,000 $1,081,194 $7,254 3.42%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 132 $121,840,000 $923,030 $6,224 3.68%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 273 $66,845,000 $244,853 $3,996 3.23%
Outside of Metro Areas 325 $65,745,000 $202,292 $4,192 3.44%
PANAMA CITY, FL (FHA|USDA|VA) 223 $58,025,000 $260,202 $5,952 3.02%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 145 $50,095,000 $345,483 $6,950 2.97%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 118 $33,590,000 $284,661 $6,354 3.79%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 104 $33,270,000 $319,904 $4,874 3.28%
TALLAHASSEE, FL (FHA|USDA|VA) 158 $29,950,000 $189,557 $4,990 3.08%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 73 $25,025,000 $342,808 $5,688 3.25%
JONESBORO, AR (FHA|USDA|VA) 134 $23,380,000 $174,478 $3,527 3.03%
PUNTA GORDA, FL (FHA|USDA|VA) 66 $22,350,000 $338,636 $6,610 3.56%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 21 $18,535,000 $882,619 $6,996 3.59%
Key West, FL (FHA|USDA|VA) 27 $14,835,000 $549,444 $7,432 3.59%
Russellville, AR (FHA|USDA|VA) 103 $14,655,000 $142,282 $2,807 3.21%
Searcy, AR (FHA|USDA|VA) 95 $14,615,000 $153,842 $3,294 3.48%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 54 $14,430,000 $267,222 $3,948 3.60%
FORT SMITH, AR-OK (FHA|USDA|VA) 73 $9,745,000 $133,493 $3,411 3.17%
Batesville, AR (FHA|USDA|VA) 63 $8,395,000 $133,254 $3,025 3.28%
Paragould, AR (FHA|USDA|VA) 44 $6,300,000 $143,182 $2,886 3.24%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 17 $5,565,000 $327,353 $5,324 4.15%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 19 $4,935,000 $259,737 $4,330 4.23%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $4,290,000 $2,145,000 $6,301 3.50%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 12 $4,240,000 $353,333 $6,558 3.00%
HOT SPRINGS, AR (FHA|USDA|VA) 14 $3,590,000 $256,429 $3,131 3.49%
COLUMBUS, GA-AL (FHA|USDA|VA) 2 $3,510,000 $1,755,000 $0 5.14%
Mountain Home, AR (FHA|USDA|VA) 22 $3,350,000 $152,273 $3,186 3.70%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 9 $1,805,000 $200,556 $5,943 3.94%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $1,790,000 $895,000 $9,815 4.25%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $1,750,000 $875,000 $6,308 3.81%
JACKSONVILLE, FL (FHA|USDA|VA) 5 $1,685,000 $337,000 $5,039 3.43%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 4 $1,660,000 $415,000 $5,294 3.22%
PINE BLUFF, AR (FHA|USDA|VA) 12 $1,650,000 $137,500 $2,697 4.13%
GAINESVILLE, FL (FHA|USDA|VA) 5 $1,565,000 $313,000 $8,360 3.28%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 4 $1,530,000 $382,500 $4,021 3.94%
ASHEVILLE, NC (FHA|USDA|VA) 2 $1,250,000 $625,000 $11,726 3.38%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 6 $1,230,000 $205,000 $3,870 3.73%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 3 $1,115,000 $371,667 $3,071 2.88%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $1,070,000 $535,000 $11,342 3.00%
Boone, NC (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $6,242 3.13%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $890,000 $445,000 $4,066 3.38%
Helena-West Helena, AR (FHA|USDA|VA) 9 $885,000 $98,333 $3,752 3.13%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $820,000 $410,000 $3,622 3.19%
Blytheville, AR (FHA|USDA|VA) 9 $805,000 $89,444 $2,814 3.67%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $705,000 $705,000 $6,974 3.25%
COLUMBUS, OH (FHA|USDA|VA) 1 $685,000 $685,000 $8,401 2.25%
Malvern, AR (FHA|USDA|VA) 2 $550,000 $275,000 $8,590 2.69%
Keene, NH (FHA|USDA|VA) 1 $525,000 $525,000 $11,650 3.00%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $505,000 $505,000 $4,521 3.25%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $475,000 $475,000 $6,978 4.13%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $465,000 $465,000 $4,097 2.50%
GREAT FALLS, MT (FHA|USDA|VA) 1 $445,000 $445,000 $19,279 2.38%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $435,000 $435,000 $5,063 2.25%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $420,000 $210,000 $2,231 2.44%
MOBILE, AL (FHA|USDA|VA) 2 $420,000 $210,000 $2,405 3.25%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $400,000 $200,000 $2,433 3.06%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $385,000 $385,000 $18,294 2.25%
OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $380,000 $190,000 $3,734 2.63%
Toccoa, GA (FHA|USDA|VA) 1 $365,000 $365,000 $18,152 2.25%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $365,000 $365,000 $3,966 3.25%
THE VILLAGES, FL (FHA|USDA|VA) 2 $360,000 $180,000 $5,759 2.69%
Tahlequah, OK (FHA|USDA|VA) 1 $355,000 $355,000 $2,468 3.13%
Bainbridge, GA (FHA|USDA|VA) 1 $335,000 $335,000 $6,403 2.50%
VALDOSTA, GA (FHA|USDA|VA) 1 $335,000 $335,000 $12,883 2.63%
Kennett, MO (FHA|USDA|VA) 3 $295,000 $98,333 $2,747 3.00%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $285,000 $285,000 $2,876 3.13%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $285,000 $285,000 $3,924 3.13%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $275,000 $275,000 $2,375 3.25%
DECATUR, AL (FHA|USDA|VA) 1 $255,000 $255,000 $3,056 2.50%
ABILENE, TX (FHA|USDA|VA) 1 $245,000 $245,000 $0 4.75%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $240,000 $120,000 $1,255 3.81%
Harrison, AR (FHA|USDA|VA) 2 $220,000 $110,000 $2,723 3.25%
Cullowhee, NC (FHA|USDA|VA) 1 $215,000 $215,000 $3,259 4.00%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $205,000 $205,000 $0 5.50%
MANHATTAN, KS (FHA|USDA|VA) 1 $185,000 $185,000 $6,480 2.25%
OCALA, FL (FHA|USDA|VA) 1 $175,000 $175,000 $5,529 2.75%
Arkadelphia, AR (FHA|USDA|VA) 1 $165,000 $165,000 $3,094 3.00%
TULSA, OK (FHA|USDA|VA) 1 $145,000 $145,000 $6,061 2.25%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $135,000 $135,000 $0 4.38%
FORT COLLINS, CO (FHA|USDA|VA) 1 $125,000 $125,000 $2,695 3.25%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $105,000 $105,000 $3,029 3.38%
LAFAYETTE, LA (FHA|USDA|VA) 1 $105,000 $105,000 $5,191 3.25%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $95,000 $95,000 $2,785 3.13%
MONTGOMERY, AL (FHA|USDA|VA) 2 $90,000 $45,000 $1,528 3.25%
BINGHAMTON, NY (FHA|USDA|VA) 1 $75,000 $75,000 $3,894 3.75%
Forrest City, AR (FHA|USDA|VA) 1 $65,000 $65,000 $2,757 4.00%
Poplar Bluff, MO (FHA|USDA|VA) 1 $65,000 $65,000 $2,468 2.38%
Branson, MO (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.88%

Centennial Bank's top markets include Little Rock, Miami, Orlando, Fayetteville, and Panama City among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 2,756 $864,380,000 $313,636 $4,044 3.44%
FHA 405 $75,515,000 $186,457 $6,655 2.90%
VA 225 $63,005,000 $280,022 $7,355 2.60%
USDA 152 $22,860,000 $150,395 $4,252 2.70%

For the 2021 period, Centennial Bank's most frequently originated loan type of loans were Conventional, with 2,756 originations. Their 2nd most popular type is FHA, with 405 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 2,421 $750,775,000 $310,109 $5,014 3.33%
Refi 549 $135,635,000 $247,058 $3,579 3.07%
Cash Out Refi 490 $125,450,000 $256,020 $4,206 3.27%
Home Improvement 46 $7,580,000 $164,783 $3,151 4.00%
Other 32 $6,320,000 $197,500 $3,813 3.32%

For the 2021, Centennial Bank's most frequently cited loan purpose of loans were Home Purchase, with 2,421 originations. The 2nd most popular reason of loans were Refi, with 549 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 2,413 $614,225,000 $254,548 $4,777 3.18%
15 Year 366 $74,150,000 $202,596 $3,210 2.60%
30+ year 219 $109,045,000 $497,922 $8,240 4.05%
5 Year 181 $30,875,000 $170,580 $148 3.82%
10 Year 99 $13,995,000 $141,364 $434 3.32%
20 Year 98 $18,010,000 $183,776 $2,917 3.24%
1 Year 73 $12,915,000 $176,918 $0 5.09%
3 Year 48 $79,910,000 $1,664,792 $0 5.20%
Other 41 $72,635,000 $1,771,585 $7,053 4.64%

For the 2021, Centennial Bank's most frequently cited loan length of loans were 30 Year, with 2,413 originations. The 2nd most popular length of loans were 15 Year, with 366 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 2,091 $558,105,000 $266,908
$<1k 413 $66,335,000 $160,617
$2k-3k 278 $64,080,000 $230,504
$3k-4k 176 $52,770,000 $299,830
$5k+ 93 $55,185,000 $593,387

$4,777 of loans were Centennial Bank's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 2,091 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 1,463 $386,065,000 $263,886
2.5-3% 998 $240,670,000 $241,152
<2.5% 515 $103,865,000 $201,680
4-5% 418 $187,650,000 $448,923
5-6% 140 $107,420,000 $767,286
6-7% 4 $90,000 $22,500

During 2021, Centennial Bank's average interest rate of loans were 3.18%, while their most frequently originated rate bucket of loans were 3-4%, with 1,463 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 1,260 $188,950,000 $149,960 $3,781 3.31%
$200k-400k 1,194 $330,510,000 $276,809 $5,147 3.25%
$100,000 or less 592 $34,830,000 $58,834 $2,070 3.21%
$400k-600k 319 $154,245,000 $483,527 $6,695 3.30%
$600k-1MM 110 $83,030,000 $754,818 $8,500 3.68%
$1MM+ 63 $234,195,000 $3,717,381 $13,792 3.87%

2021 saw Centennial Bank place emphasis on $100k-200k loans with 1,260 originations, totaling $188,950,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 778 $131,570,000 $169,113 $4,341 3.11%
$50k or less 767 $93,915,000 $122,445 $3,592 3.01%
$100k-150k 573 $157,315,000 $274,546 $4,712 3.29%
$75k-100k 518 $113,200,000 $218,533 $4,581 3.20%
$150k-250k 388 $144,860,000 $373,351 $5,508 3.33%
$250k+ 275 $187,505,000 $681,836 $7,504 3.55%

Centennial Bank lent most frequently to those with incomes in the $50k-75k range, with 778 originations. The second most popular income band? $50k or less, with 767 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 697 $167,895,000 $240,882 $4,167 3.12%
30-36% 597 $159,575,000 $267,295 $4,862 3.15%
<20% 261 $76,785,000 $294,195 $4,106 3.18%
42% 153 $40,325,000 $263,562 $4,739 3.19%
43% 152 $31,740,000 $208,816 $4,368 3.02%
44% 147 $33,795,000 $229,898 $4,861 3.16%
37% 140 $30,900,000 $220,714 $4,230 3.10%
41% 128 $33,130,000 $258,828 $4,766 3.30%
40% 123 $31,545,000 $256,463 $4,749 3.15%
39% 119 $25,345,000 $212,983 $4,163 3.10%
38% 117 $32,715,000 $279,615 $5,134 3.19%
36% 100 $22,530,000 $225,300 $4,232 3.10%
45% 93 $23,305,000 $250,591 $4,858 3.26%
47% 91 $23,935,000 $263,022 $6,059 3.12%
50-60% 84 $26,960,000 $320,952 $6,523 2.85%
48% 70 $17,880,000 $255,429 $5,439 3.06%
49% 70 $19,730,000 $281,857 $5,440 3.16%
46% 64 $15,330,000 $239,531 $5,168 3.18%
>60% 5 $2,005,000 $401,000 $5,319 3.69%

Centennial Bank lent most frequently to those with DTI ratios of 20-30%, with 697 originations. The next most common DTI ratio? 30-36%, with 597 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 2,620 $655,810,000 $250,309 $4,606 3.20%
Not applicable 201 $187,895,000 $934,801 $0 4.99%
Not provided 452 $129,120,000 $285,664 $4,798 3.20%
Black 188 $31,460,000 $167,340 $4,713 3.12%
Asian 54 $15,720,000 $291,111 $5,121 3.23%
American Indian 21 $5,115,000 $243,571 $4,415 2.98%
Native Hawaiian 1 $375,000 $375,000 $6,693 2.25%
Vietnamese 1 $265,000 $265,000 $1,300 3.25%

Approval Rates

Total approvals of all applications
86.67%

Centennial Bank has an average approval rate.

Pick Rate

Approvals leading to origination
68.93%

Centennial Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

Points and Fees

Points Originations Total Value Average Loan
NA 3,538 $1,025,760,000 $289,927

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
3,538 $1,025,760,000 $289,927

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 155 $33,365,000 $215,258 $3,664 3.28%
40-60% 406 $199,800,000 $492,118 $4,087 3.35%
60-80% 1,133 $388,095,000 $342,538 $4,765 3.56%
80-100% 1,609 $376,575,000 $234,043 $4,867 3.25%
Over 100% 45 $14,745,000 $327,667 $13,597 2.57%
Under 20% 158 $5,580,000 $35,316 $531 1.98%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Centennial Bank #8 Business Park Drive Greenbrier, AR 72058 Full Service B&M $54,820
Centennial Bank 1000 South Rodgers Clarksville, AR 72830 Full Service B&M $61,666
Centennial Bank 100280 Overseas Highway Key Largo, FL 33037 Full Service B&M $92,224
Centennial Bank 101 Highway 412 East Siloam Springs, AR 72761 Full Service B&M $33,673
Centennial Bank 101 Wilder Road Big Pine Key, FL 33050 Full Service B&M $78,259
Centennial Bank 10310 Griffin Road Cooper City, FL 33328 Full Service B&M $63,205
Centennial Bank 10315 Interstate 30 Little Rock, AR 72209 Full Service B&M $45,402
Centennial Bank 1044 Main Street Vilonia, AR 72173 Full Service B&M $66,735
Centennial Bank 10911 Sr 20 Bristol, FL 32321 Full Service B&M $29,282
Centennial Bank 1100 Southeast Third Avenue Fort Lauderdale, FL 33316 Full Service B&M $273,100
Centennial Bank 11290 Overseas Highway Marathon, FL 33050 Full Service B&M $312,746
Centennial Bank 1165 West 49th Street, Suite 107 Hialeah, FL 33012 Full Service B&M $3,277
Centennial Bank 12 East 49th Street, 28th Floor New York, NY 10017 Full Service B&M $119,529
Centennial Bank 120 West North Street Ward, AR 72176 Full Service B&M $24,958
Centennial Bank 1631 Highway 25b North Heber Springs, AR 72543 Full Service B&M $29,725
Centennial Bank 1815 East Oak Street Conway, AR 72032 Full Service B&M $25,080
Centennial Bank 1816 West Main Street Jacksonville, AR 72076 Full Service B&M $62,087
Centennial Bank 1895 Harrison Street Batesville, AR 72501 Full Service B&M $74,465
Centennial Bank 1900 John Hardin Drive Jacksonville, AR 72076 Full Service B&M $22,956
Centennial Bank 1907 James Redman Parkway Plant City, FL 33563 Full Service B&M $25,974
Centennial Bank 1927 Hwy 62/412 Highland, AR 72542 Full Service B&M $26,913
Centennial Bank 1953 Thomasville Road Tallahassee, FL 32308 Full Service B&M $54,958
Centennial Bank 1991 Stirling Road Dania Beach, FL 33004 Full Service B&M $84,176
Centennial Bank 201 East Garden Street, Suite A Pensacola, FL 32502 Full Service B&M $92,360
Centennial Bank 202 Marina Drive Port Saint Joe, FL 32457 Full Service B&M $209,927
Centennial Bank 20734 Central Avenue East Blountstown, FL 32424 Full Service B&M $46,984
Centennial Bank 211 East Washington Jonesboro, AR 72401 Full Service B&M $80,910
Centennial Bank 2400 North Commerce Parkway Weston, FL 33326 Limited, Administrative $0
Centennial Bank 2404 Linwood Drive Paragould, AR 72450 Full Service B&M $16,935
Centennial Bank 2415 Aloma Avenue Winter Park, FL 32792 Full Service B&M $51,315
Centennial Bank 2485 Highway 412 East Siloam Springs, AR 72761 Full Service B&M $29,176
Centennial Bank 24989 State Street Elberta, AL 36530 Full Service B&M $49,760
Centennial Bank 2500 Dave Ward Drive Conway, AR 72034 Full Service B&M $38,003
Centennial Bank 25051 Canal Street Orange Beach, AL 36561 Full Service B&M $117,198
Centennial Bank 2506 East Parkway Drive Russellville, AR 72802 Full Service B&M $67,334
Centennial Bank 2514 N. Roosevelt Blvd. Key West, FL 33040 Full Service B&M $121,192
Centennial Bank 2515 Thomas Drive Panama City Beach, FL 32408 Full Service B&M $36,489
Centennial Bank 2600 East Commercial Boulevard Fort Lauderdale, FL 33308 Full Service B&M $480,253
Centennial Bank 2620 East Race Avenue Searcy, AR 72143 Full Service B&M $26,264
Centennial Bank 26417 Us Hwy 19n Clearwater, FL 33761 Full Service B&M $13,828
Centennial Bank 3010 W. 6th Street Fayetteville, AR 72701 Full Service B&M $154,038
Centennial Bank 302 West Drew Avenue Monette, AR 72447 Full Service B&M $59,934
Centennial Bank 3021 Airport-Pulling Road North Naples, FL 34105 Full Service B&M $197,625
Centennial Bank 305 E Broadway St North Little Rock, AR 72114 Full Service B&M $181,471
Centennial Bank 3110 Capital Circle, Northeast Tallahassee, FL 32308 Full Service B&M $130,502
Centennial Bank 3111 Bill Foster Memorial Highway Cabot, AR 72023 Full Service B&M $19,719
Centennial Bank 3111 North University Drive, Suite 101 Coral Springs, FL 33065 Full Service B&M $72,006
Centennial Bank 321 South County Hwy 393 Santa Rosa Beach, FL 32459 Full Service B&M $35,468
Centennial Bank 3395 West Sunset Avenue Springdale, AR 72762 Full Service B&M $13,588
Centennial Bank 34855 Highway 98 East Destin, FL 32541 Full Service B&M $78,359
Centennial Bank 3505 East Johnson Avenue Jonesboro, AR 72401 Limited, Drive-thru $10,735
Centennial Bank 3552 13th Street Saint Cloud, FL 34769 Full Service B&M $55,073
Centennial Bank 3555 Military Trail Jupiter, FL 33458 Full Service B&M $209,773
Centennial Bank 4515 Camp Robinson Road North Little Rock, AR 72118 Full Service B&M $31,629
Centennial Bank 4594 Overseas Highway Marathon, FL 33050 Full Service B&M $21,905
Centennial Bank 4600 West Kennedy Boulevard Tampa, FL 33609 Full Service B&M $98,915
Centennial Bank 4601 Sheridan St, Ste 100 Hollywood, FL 33021 Full Service B&M $86,580
Centennial Bank 4625 Old Greenwood Road Fort Smith, AR 72903 Full Service B&M $15,109
Centennial Bank 4845 4th Street North Saint Petersburg, FL 33703 Full Service B&M $96,780
Centennial Bank 5 Jefferson St Eastpoint, FL 32328 Limited, Drive-thru $18,636
Centennial Bank 500 S Australian Ave, Ste 100 West Palm Beach, FL 33401 Full Service B&M $181,174
Centennial Bank 500 U. S. Highway 41 Bypass North Venice, FL 34285 Full Service B&M $170,837
Centennial Bank 501 S Mckenzie Street Foley, AL 36535 Full Service B&M $77,472
Centennial Bank 520 Bowman Little Rock, AR 72211 Full Service B&M $52,730
Centennial Bank 5551 Sunset Lane Saint James City, FL 33956 Full Service B&M $91,850
Centennial Bank 5801 Rogers Avenue Fort Smith, AR 72903 Full Service B&M $66,937
Centennial Bank 635 Baldwin Road Panama City, FL 32405 Full Service B&M $77,998
Centennial Bank 6529 Thomasville Road Tallahassee, FL 32309 Full Service B&M $39,086
Centennial Bank 665 Highway 62 East Mountain Home, AR 72653 Full Service B&M $93,643
Centennial Bank 6701 Boston St Fort Smith, AR 72903 Limited, Drive-thru $41
Centennial Bank 701 Whitehead Street Key West, FL 33040 Full Service B&M $32,384
Centennial Bank 702 Pat Thomas Highway Quincy, FL 32351 Full Service B&M $52,897
Centennial Bank 707 Dewitt Henry Drive Beebe, AR 72012 Full Service B&M $38,801
Centennial Bank 715 Southwest Drive Jonesboro, AR 72401 Full Service B&M $102,599
Centennial Bank 718 Broadway Little Rock, AR 72201 Full Service B&M $172,986
Centennial Bank 7213 Highway 107 Sherwood, AR 72120 Full Service B&M $84,431
Centennial Bank 786 East Henri De Tonti Boulevard Tontitown, AR 72770 Full Service B&M $26,883
Centennial Bank 801 East 9th Street Rector, AR 72461 Full Service B&M $36,308
Centennial Bank 812 North Church Atkins, AR 72823 Full Service B&M $47,170
Centennial Bank 81541 Old Highway Islamorada, FL 33036 Full Service B&M $110,323
Centennial Bank 1204 South Pine Street Cabot, AR 72023 Full Service B&M $38,041
Centennial Bank 1208 Oak Street Conway, AR 72032 Full Service B&M $39,583
Centennial Bank 121 Alhambra Plaza Suite 151 Coral Gables, FL 33134 Full Service B&M $313,323
Centennial Bank 121 East Main Street Mountain View, AR 72560 Full Service B&M $96,560
Centennial Bank 12141 Panama City Beach Parkway Panama City Beach, FL 32407 Full Service B&M $99,889
Centennial Bank 1222 North Arkansas Avenue Russellville, AR 72801 Full Service B&M $176,639
Centennial Bank 1229 Simonton Street Key West, FL 33040 Full Service B&M $85,115
Centennial Bank 1240 Main Street Batesville, AR 72501 Full Service B&M $20,231
Centennial Bank 125 North Highway 71 Wewahitchka, FL 32465 Full Service B&M $49,083
Centennial Bank 126 Osprey Avenue Sarasota, FL 34236 Full Service B&M $236,573
Centennial Bank 12670 Creekside Lane, Suite 101 Fort Myers, FL 33919 Full Service B&M $140,193
Centennial Bank 1300 West Beebe-Capps Expressway Searcy, AR 72143 Full Service B&M $43,316
Centennial Bank 1301 Rebsamen Park Road Little Rock, AR 72202 Full Service B&M $140,668
Centennial Bank 1302 North Business Highway 9 Morrilton, AR 72110 Full Service B&M $58,365
Centennial Bank 13773 Icot Blvd, Suite 503 Clearwater, FL 33760 Limited, Administrative $0
Centennial Bank 13901 Narcoosee Road Orlando, FL 32832 Full Service B&M $3,150
Centennial Bank 13910 Cantrell Road Little Rock, AR 72223 Full Service B&M $64,393
Centennial Bank 1400 East Joyce Blvd Fayetteville, AR 72703 Full Service B&M $172,167
Centennial Bank 14033 8th Street Dade City, FL 33525 Full Service B&M $228,437
Centennial Bank 1430 North Federal Highway Fort Lauderdale, FL 33304 Full Service B&M $175,977
Centennial Bank 1445 Hogan Lane Conway, AR 72034 Full Service B&M $88,962
Centennial Bank 1445 Hogan Lane, Suite 1 Conway, AR 72034 Full Service B&M $0
Centennial Bank 1450 Placida Road Englewood, FL 34223 Full Service B&M $92,294
Centennial Bank 14877 North Dale Mabry Highway Tampa, FL 33618 Full Service B&M $93,424
Centennial Bank 1504 Weston Road Weston, FL 33326 Full Service B&M $100,708
Centennial Bank 1606 1st Street South Winter Haven, FL 33880 Full Service B&M $20,813
Centennial Bank 2110 Fayetteville Road Van Buren, AR 72956 Full Service B&M $12,023
Centennial Bank 2171 West Main Street Cabot, AR 72023 Full Service B&M $160,446
Centennial Bank 218 North Greeno Rd Fairhope, AL 36532 Full Service B&M $71,116
Centennial Bank 22 Avenue E Apalachicola, FL 32320 Full Service B&M $111,088
Centennial Bank 2200 Airport Boulevard Pensacola, FL 32504 Full Service B&M $38,855
Centennial Bank 2200 Stanford Rd Panama City, FL 32413 Full Service B&M $80,637
Centennial Bank 2201 West First Street Gulf Shores, AL 36542 Full Service B&M $332,807
Centennial Bank 2205 South University Drive Davie, FL 33324 Full Service B&M $252,895
Centennial Bank 2224 N. Reynolds Rd. Bryant, AR 72022 Full Service B&M $29,062
Centennial Bank 2241 South Caraway Road Jonesboro, AR 72401 Full Service B&M $17,389
Centennial Bank 2300 West Kingshighway Paragould, AR 72450 Full Service B&M $23,077
Centennial Bank 23000 State Road 54 Lutz, FL 33549 Full Service B&M $55,472
Centennial Bank 2400 Aggie Road Jonesboro, AR 72401 Full Service B&M $1,098
Centennial Bank 2690 Donaghey Conway, AR 72032 Full Service B&M $39,984
Centennial Bank 2701 Nw Boca Raton Blvd Suite 211 Boca Raton, FL 33431 Limited, Administrative $0
Centennial Bank 2701 West Main Street Russellville, AR 72801 Full Service B&M $23,749
Centennial Bank 2716 Lakewood Village Place North Little Rock, AR 72116 Full Service B&M $326,265
Centennial Bank 2780 West Tennessee Street Tallahassee, FL 32304 Full Service B&M $35,083
Centennial Bank 2901 East Highland Drive Jonesboro, AR 72401 Full Service B&M $632,952
Centennial Bank 2901 South Walton Boulevard Bentonville, AR 72712 Full Service B&M $10,970
Centennial Bank 2922 South University Little Rock, AR 72204 Full Service B&M $11,915
Centennial Bank 2932 Crawfordville Highway Crawfordville, FL 32327 Full Service B&M $330,952
Centennial Bank 30 Highway 64 West Beebe, AR 72012 Full Service B&M $26,339
Centennial Bank 300 South Pine Island Road Plantation, FL 33324 Full Service B&M $158,025
Centennial Bank 300 West Emerson Paragould, AR 72450 Full Service B&M $37,417
Centennial Bank 301 Sylamore Avenue Mountain View, AR 72560 Full Service B&M $44,457
Centennial Bank 3601 East Race Street Searcy, AR 72143 Full Service B&M $12,973
Centennial Bank 3615 Apalachee Parkway Tallahassee, FL 32311 Full Service B&M $35,254
Centennial Bank 37741 Eiland Blvd Zephyrhills, FL 33542 Full Service B&M $35,577
Centennial Bank 3811 Mcarthur Drive North Little Rock, AR 72118 Full Service B&M $37,753
Centennial Bank 3850 North Federal Highway Boca Raton, FL 33431 Full Service B&M $211,558
Centennial Bank 3921 East County Highway 30-A Santa Rosa Beach, FL 32459 Full Service B&M $36,131
Centennial Bank 400 North Federal Highway Pompano Beach, FL 33062 Full Service B&M $152,346
Centennial Bank 4000 West Walnut Rogers, AR 72756 Full Service B&M $15,065
Centennial Bank 401 Taylor Street Punta Gorda, FL 33950 Full Service B&M $135,816
Centennial Bank 4301 Barclay Avenue Spring Hill, FL 34609 Full Service B&M $76,483
Centennial Bank 4301 West Boy Scout Boulevard, Suite 150 Tampa, FL 33607 Full Service B&M $92,005
Centennial Bank 4308 Broadway North Little Rock, AR 72117 Full Service B&M $41,799
Centennial Bank 440 South Florida Avenue Lakeland, FL 33801 Full Service B&M $25,391
Centennial Bank 582 Hwy 365 South Mayflower, AR 72106 Full Service Retail $20,711
Centennial Bank 5850 Fruitville Road Sarasota, FL 34232 Full Service B&M $95,175
Centennial Bank 5987 U.S. Highway 64 East Pottsville, AR 72858 Full Service B&M $11,372
Centennial Bank 600 Union Street Dardanelle, AR 72834 Full Service B&M $52,234
Centennial Bank 6039 Heber Springs Road West Quitman, AR 72131 Full Service B&M $19,573
Centennial Bank 607 Highway 98 Carrabelle, FL 32322 Full Service B&M $46,716
Centennial Bank 61 West Gulf Beach Drive Eastpoint, FL 32328 Full Service B&M $78,688
Centennial Bank 615 E Elkcam Circle Marco Island, FL 34145 Full Service B&M $44,426
Centennial Bank 620 Chestnut Street Conway, AR 72032 Limited, Mobile/Seasonal Office $0
Centennial Bank 620 Chestnut Street Conway, AR 72032 Limited, Mobile/Seasonal Office $0
Centennial Bank 620 Chestnut Street Conway, AR 72032 Limited, Mobile/Seasonal Office $0
Centennial Bank 620 Chestnut Street Conway, AR 72032 Full Service B&M $541,479
Centennial Bank 625 North Central Avenue Kissimmee, FL 34741 Full Service B&M $48,330
Centennial Bank 8232 Woodville Highway Tallahassee, FL 32305 Full Service B&M $64,272
Centennial Bank 8461 Lake Worth Road Lake Worth, FL 33467 Limited, Administrative $0
Centennial Bank 8524 Navarre Parkway Navarre, FL 32566 Full Service B&M $51,190
Centennial Bank 8630 Nw 25th Street Doral, FL 33122 Full Service B&M $73,601
Centennial Bank 945 Salem Road Conway, AR 72034 Full Service B&M $73,382
Centennial Bank 9453 Maumelle Boulevard Maumelle, AR 72113 Full Service B&M $65,845
Centennial Bank 970 Rinehart Road Lake Mary, FL 32746 Full Service B&M $49,726
Centennial Bank 9710 Stirling Road, Suite 107 Hollywood, FL 33024 Limited, Administrative $0
Centennial Bank 9712 Rodney Parham Road Little Rock, AR 72227 Full Service B&M $55,832
Centennial Bank Island Drive And Avenue C Eastpoint, FL 32328 Limited, Drive-thru $0
Centennial Bank 1 City Plaza Cabot, AR 72023 Full Service B&M $77,829

For 2021, Centennial Bank had 169 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $639,286
Net interest income $606,249
Total noninterest income $113,948
Gross Fiduciary activities income $1,960
Service charges on deposit accounts $22,277
Trading account gains and fees $0
Additional Noninterest Income $89,711
Pre-tax net operating income $441,270
Securities gains (or losses, -) $218
Income before extraordinary items $336,579
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $336,579
Minority interest net income $0
Net income $336,579
Sale, conversion, retirement of capital stock, net $0
Net operating income $336,406

Centennial Bank's gross interest income from loans was $639,286,000.
Centennial Bank's net interest income from loans was $606,249,000.
Centennial Bank's fee based income from loans was $22,277,000.
Centennial Bank's net income from loans was $336,579,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $33,037
Provision for credit losses $-4,752
Total noninterest expense $283,679
Salaries and employee benefits $157,857
Premises and equipment expense $38,864
Additional noninterest expense $86,958
Applicable income taxes $104,909
Net charge-offs $8,759
Cash dividends $285,372

Centennial Bank's interest expense for loans was $33,037,000.
Centennial Bank's payroll and benefits expense were $157,857,000.
Centennial Bank's property, plant and equipment expenses $38,864,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 1.0%
HELOC loans 2.0%
All other family 1.0%
Commercial & industrial loans 1.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 2.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $14,552,155
Deposits held in domestic offices $14,552,155
Deposits by Individuals, partnerships, and corporations $12,621,462
Deposits by U.S. Government $1,579
Deposits by States and political subdivisions in the U.S. $1,912,837
Deposits by Commercial banks and other depository institutions in U.S. $14,661
Deposits by Banks in foreign countries $1,616
Deposits by Foreign governments and official institutions $0
Transaction accounts $1,166,736
Demand deposits $936,193
Nontransaction accounts $13,385,419
Money market deposit accounts (MMDAs) $11,560,307
Other savings deposits (excluding MMDAs) $944,226
Total time deposits $880,887
Total time and savings deposits $13,615,962
Noninterest-bearing deposits $4,419,463
Interest-bearing deposits $10,132,692
Retail deposits $13,604,862
IRAs and Keogh plan accounts $101,861
Brokered deposits $625,704
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $18,017,667
Cash & Balances due from depository institutions $3,645,203
Interest-bearing balances $3,525,327
Total securities $3,117,557
Federal funds sold & reverse repurchase $0
Net loans and leases $9,599,375
Loan and leases loss allowance $236,714
Trading account assets $0
Bank premises and fixed assets $275,760
Other real estate owned $1,631
Goodwill and other intangibles $998,070
All other assets $380,071

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $18,017,667
Total Liabilities $15,205,649
Total deposits $14,552,155
Interest-bearing deposits $10,132,692
Deposits held in domestic offices $14,552,155
% insured (estimated) $61
Federal funds purchased and repurchase agreements $140,886
Trading liabilities $0
Other borrowed funds $400,000
Subordinated debt $0
All other liabilities $112,608

Issued Loan Types

Type Value (in 000's)
Net loans and leases $9,599,375
Loan and leases loss allowance $236,714
Total loans and leases (domestic) $9,836,089
All real estate loans $7,425,799
Real estate loans in domestic offices $7,425,799
Construction and development loans $1,850,049
Residential 1-4 family construction $546,341
Other construction, all land development and other land $1,303,708
Loans secured by nonfarm nonresidential properties $3,889,284
Nonfarm nonresidential secured by owner-occupied properties $1,153,705
Commercial real estate & other non-farm, non-residential $2,735,579
Multifamily residential real estate $280,837
1-4 family residential loans $1,274,955
Farmland loans $130,674
Loans held in foreign offices $0
Farm loans $43,920
Commercial and industrial loans $1,386,747
To non-U.S. addressees $11,932
Loans to individuals $825,519
Credit card loans $0
Related Plans $3,256
Consumer Auto Loans $2,832
Other loans to individuals $819,431
All other loans & leases $154,105
Loans to foreign governments and official institutions $0
Other loans $129,627
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $0
Loans secured by real estate to non-U.S. addressees $229,365
Restructured Loans & leases $6,514
Non 1-4 family restructured loans & leases $5,544
Total loans and leases (foreign) $0

Centennial Bank had $9,599,375,000 of loans outstanding in 2021. $7,425,799,000 of loans were in real estate loans. $1,850,049,000 of loans were in development loans. $280,837,000 of loans were in multifamily mortgage loans. $1,274,955,000 of loans were in 1-4 family mortgage loans. $43,920,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,832,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 3,107 $605,497 $194,882
Nonfarm, nonresidential loans - <$100k 574 $19,489 $33,953
Nonfarm, nonresidential loans - $100-250k 971 $94,954 $97,790
Nonfarm, nonresidential loans - $250k-1MM 1,562 $491,054 $314,375
Commercial & Industrial, US addressed loans - <$1MM 6,231 $361,111 $57,954
Commercial & Industrial, US addressed loans - <$100k 4,223 $64,954 $15,381
Commercial & Industrial, US addressed loans - $100-250k 1,107 $86,249 $77,912
Commercial & Industrial, US addressed loans - $250k-1MM 901 $209,908 $232,972
Farmland loans - <$1MM 389 $34,437 $88,527
Farmland loans - <$100k 196 $8,272 $42,204
Farmland loans - $100-250k 140 $14,721 $105,150
Farmland loans - $250k-1MM 53 $11,444 $215,925
Agriculture operations loans - <$1MM 447 $14,200 $31,767
Agriculture operations loans - <$100k 335 $5,226 $15,600
Agriculture operations loans - $100-250k 74 $4,637 $62,662
Agriculture operations loans - $250k-1MM 38 $4,337 $114,132