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Centennial Bank Turns In Strong Third Quarter.


OLYMPIA Olympia, city, ancient Greece
Olympia, ancient city, important center of the worship of Zeus in ancient Greece, in Elis near the Alpheus (now Alfiós) R. It was the scene of the Olympic games.
, Wash.--(BUSINESS WIRE)--Oct. 17, 1997--Increased deposits and continued growth from branch banking and mortgage lending helped locally owned Centennial Bank post record third quarter results for 1997, versus the same period in 1996.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Dan Yerrington, Centennial Bank's president, customer deposits increased by over $51.3 million, an increase of 27.6%. Total assets for the eight branch bank were $260 million, which equates to a 23.5% increase.

In addition, the bank reported year-to-date Year-to-date (YTD)

The period beginning at the start of the calendar year up to the current date.
 net income of $2,235,000, which is an increase of 36.4% for the same period in 1996.

Centennial Bank, a leader in business and home lending in Thurston Thurston may refer to: People
  • Curt Thurston, businessman
  • Darren Thurston, Canadian animal rights activist
  • Ernest Temple Thurston, Irish author
  • Fred Thurston, Pro American Football (Rugby) Player Green Bay Packers a.k.a.
, Mason and Lewis Counties, has eight full-service branches in West Olympia, Downtown Olympia, Lacey lac·ey  
adj.
Variant of lacy.
, Shelton, Olde Towne Shelton, Hoodsport, Centralia and Chehalis along with a commercial real estate loan office in Fife and a home loan office in Puyallup.

CONTACT: Centennial Bank

Dan Yerrington, 360/754-2400
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 17, 1997
Words:154
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