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Center Bancorp CNOB Time deposit accounts (including certificates of deposits) in denominations that met or exceeded the insured limit

Time deposit accounts (including certificates of deposits) in denominations that met or exceeded the insured limit at other companies

Center Bancorp logo
Center BancorpCNOB
$1B+41.3%
PNC Financial Services logo
PNC Financial ServicesPNC
$9.9B+7.6%
GBC
Glacier BancorpGBCI
$1.62B+27.6%
Banner Corporation logo
Banner CorporationBANR
$528.1M+8.3%
State Street logo
State StreetSTT
$2.67B-53.7%
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
$41.44B+39.6%

Other financials

Income statement

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Revenue$73.4M
Net income$37.8M+86.8%
EPS (diluted)$0.75

Balance sheet

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Cash & equivalents$344.5M+17.7%
Total debt$858.0M+36.7%
Total equity$1.6B+27.0%
Total assets$14.2B+45.6%

Cash flow

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Operating cash flow$15.3M+2.9%
CapEx$1.3M+389%
Free cash flow$14.0M-4.1%

Valuation

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Market cap$1.68B+44.3%
Enterprise value$2.19B+46.6%
P/E17.1×+2.0×
P/S5.8×

Profitability

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Net margin44.8%
FCF margin57.3%

Returns & leverage

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Return on equity6.9%+0.7pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by Center Bancorp in its filing.

Tagged under the XBRL concept us-gaap:TimeDepositLiabilityAboveUsInsuranceLimit.

The official record: Center Bancorp’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Center Bancorp's time deposit accounts (including certificates of deposits) in denominations that met or exceeded the insured limit?
Center Bancorp (CNOB) reported time deposit accounts (including certificates of deposits) in denominations that met or exceeded the insured limit of $1B in Q1 2026.
How has Center Bancorp's time deposit accounts (including certificates of deposits) in denominations that met or exceeded the insured limit changed year-over-year?
Center Bancorp's time deposit accounts (including certificates of deposits) in denominations that met or exceeded the insured limit increased by 41.3% year-over-year, from $707.8M to $1B.
What is the long-term trend for Center Bancorp's time deposit accounts (including certificates of deposits) in denominations that met or exceeded the insured limit?
Over 4 years (2021 to 2025), Center Bancorp's time deposit accounts (including certificates of deposits) in denominations that met or exceeded the insured limit has grown at a 41.4% compound annual growth rate (CAGR), from $250.5M to $1B.
What does time deposit accounts (including certificates of deposits) in denominations that met or exceeded the insured limit mean?
The portion of time deposits that exceeds the standard government-backed insurance coverage limit per depositor. This metric serves as a proxy for deposit concentration risk and the potential for deposit flight during periods of financial instability.