Center Bancorp CNOB Interest-bearing deposits in banks and other financial institutions

Interest-bearing deposits in banks and other financial institutions at other companies

JPMorgan ChaseJPM

$290.1B-28.2%

Valley National BankVLY

$797.36M+11.5%

Customers BancorpCUBI

$4.71B+39.9%

Enterprise Financial ServicesEFSC

$367.9M+72.5%

Origin BancorpOBK

$575.56M+54.2%

First Financial BanksharesFFIN

$458.2M-32.9%

Questions, answered.

What is Center Bancorp's interest-bearing deposits in banks and other financial institutions?

Center Bancorp (CNOB) reported interest-bearing deposits in banks and other financial institutions of $305M in Q1 2026.

How has Center Bancorp's interest-bearing deposits in banks and other financial institutions changed year-over-year?

Center Bancorp's interest-bearing deposits in banks and other financial institutions increased by 25.6% year-over-year, from $242.84M to $305M.

What is the long-term trend for Center Bancorp's interest-bearing deposits in banks and other financial institutions?

Over 5 years (2020 to 2025), Center Bancorp's interest-bearing deposits in banks and other financial institutions has grown at a 3.7% compound annual growth rate (CAGR), from $240.12M to $288.49M.

What does interest-bearing deposits in banks and other financial institutions mean?

These are cash balances held by the company in other financial institutions that generate interest income. This asset class reflects the company's strategy for managing excess cash while maintaining high liquidity. It is a common component of treasury management for large financial services firms.