MERRILLVILLE – Centier Bank has announced earnings of $10.5 million for the first nine months of the year with assets reaching $2.1 billion.
The bank announced that it anticipates lending to grow in the coming months after the opening of a loan production office in Carmel.
“We continue to make loans in our communities and offer products and services that meet the needs of our clients,” said Michael E. Schrage, president and CEO. “Centier appeals to consumers who want a bank built on values, community and a bank that is supportive of local business.”
Centier said its return on average assets for the first nine months was 0.69 percent, compared with 0.66 percent for the same period in 2010.
