A Message from Mike
A letter from Michael E. Schrage, Centier current President & Chairman of the Board...
Message From Mike
Centier Bank achieved another year of growth in 2015, with reported earnings over $32 million in 2015 and a return on average assets (ROAA) of 1.13%. Total loans grew by over $350 million, or 15% from the prior year. Centier Bank achieved two significant milestones in 2015 when the bank surpassed $3 billion in total assets and $300 million in core capital.
In 2015, Centier Bank further expanded its service footprint by opening a retail branch and business banking center in Downtown Indianapolis. Our prominent Greater Indianapolis banking and loan term is projected to grow over the next several years, as Centier plans to open multiple Central Indiana locations throughout Hamilton, Hendricks, and Boone Counties. Also coming soon is a 7-Day Banking grocery store branch inside of Schererville Strack & Van Til and a new banking center located in Downtown South Bend.
The opening of these loan offices and branches further solidifies our commitment to remaining a premier community bank and commercial real estate and residential lender in Indiana that remains "Not for Sale." This "Not for Sale" commitment is my personal promise, and the Schrage family, that Centier will remain independently owned and operated for generations to come. Since 2007, Centier Bank has been among the top 10 "Best Places to Work in Indiana" by the Indiana Chamber of Commerce and received national attention by American Banker magazine as one of the Top 20 Best Banks to Work For in the U.S.A.
Together, we are building a stronger future for our families and communities. I thank you for your continued loyalty and support.
Michael E. Schrage
President & Chairman of the Board