MERRILLVILLE – Centier Bank has announced its 2011 earnings were up 64 percent from 2010.
The bank posted a net profit of $16.7 million in 2011, up from $10.2 million in 2010. In the fourth quarter, Centier posted a profit of $6.2 million.
Centier’s assets in 2011 were $2.1 billion, up 6.1 percent from last year.
The bank operates 45 locations across northern Indiana, including Mishawaka and Fort Wayne, and a loan production office in Carmel.