Centennial Bank
Ogden, UT · Owner: Centennial Bankshares Inc
$213M
total assets, December 31, 2009
$213M
total assets, December 31, 2009
Centennial Bank was a state nonmember bank in Ogden, UT, owned by Centennial Bankshares Inc. It failed on Mar 5, 2010, and its insured deposits were paid out. At its last report it held $212.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2009
This bank failed
- Failed on
- Mar 5, 2010
- Assets
- $213M
- Deposits
- $205M
- Estimated cost
- $70.5M
- Deposits went to
- payout
Total assets
$213M
-1.1% in a year · -8.8% in a quarter
Deposits
$205M
+6.1% in a year · -10.2% in a quarter
Loans
$137M
-17.9% in a year · -21.6% in a quarter
Profit so far
-$14.3M
Jan 1 to Dec 31, 2009
Capital ratio
0.00%
-10.01 pts in a year
Return on assets
-6.32%
-4.60 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 4605 South Harrison Boulevard, Ogden, UT, 84403
- County
- Weber
- Holding company
- Centennial Bankshares Inc
- Established
- Apr 2, 1997
- Failed
- Mar 5, 2010
- Employees
- 50
- Branches
- 5
- Id
- b34430
Quarter by quarter
June 30, 1997 to December 31, 2009
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Centennial Bank?
$212.8 million in total assets and $205.1 million in deposits as of December 31, 2009, with assets down 1.1% from a year before. Its loans were $136.7 million.
How many branches does Centennial Bank have?
5 branches in Utah as of June 30, 2026.
Is Centennial Bank profitable?
No: it lost $14.3 million from January 1 to December 31, 2009. Its return on assets was -6.32% a year; about 1% is typical.
Who owns Centennial Bank?
Centennial Bank is owned by Centennial Bankshares Inc, its holding company.
When did Centennial Bank fail?
Mar 5, 2010. The estimated cost of the failure was $70.5 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.