2011-05-13T07:19:23-05:00 2010-12-31 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2010-01-01 350885381 Centra Credit Union CENT 8123769771 1430 National Road Columbus IN 47201 Alvin G Lecher 2011-05-15 true DOUGLAS E BORN 3173834000 2010 2016-02-24 21:20:13Z LORETTA M BURD 1430 NATIONAL ROAD COLUMBUS IN 47201 117805042 false X www.centra.org X 1997 IN STATE CHARTERED AND FEDERALLY INSURED CREDIT UNION WHICH GRANTS CONSUMER LOANS INCLUDING CREDIT CARDS, LEASE FINANCING AND OPEN-END CREDIT, MORTGAGE LOANS AND BUSINESS LOANS TO ITS MEMBERS. 7 6 310 550547 1682 0 0 51513829 48980825 -1561973 512236 1259475 1182398 51211331 50675459 0 0 0 0 9855619 9654371 0 0 0 35336374 33534581 45191993 43188952 6019338 7486507 861201808 902312407 764589396 798840964 96612412 103471443 STATE CHARTED AND FEDERALLY INSURED CREDIT UNION WHICH GRANS CONSUMER LOANS INCLUDING CREDIT CARDS, LEASE FINANCING AND OPEN-END CREDIT, MORTGAGE LOANS AND BUSINESS LOANS TO ITS MEMBERS. false false CREDIT UNION PROGRAMS. ALL ACTIVITIES ARE STATE CHARTERED CREDIT UNION ACTIVITIES WHICH ARE EXEMPT UNDER SECTION 501(C)(14) false false false false false false false false true true false false true false false true false false false false false false false false false false false true false false false false false false false false false false false false true false false false false true 18064 0 310 true true true false false false false false X 7 6 false false false false true false false true true false true true false true true true true true true false false IN X ALVIN LECHER 8123769771 1430 NATIONAL ROAD Columbus IN 47201 X Loretta Burd 50.0 X X 357689 0 15000 Dan Arnholt 1.0 X 6087 0 0 Alan Degner 1.0 X 6091 0 0 Amber Fishvogt 1.0 X 6000 0 0 Jim Johnson 1.0 X 6147 0 0 Tom Kieffer 1.0 X 6091 0 0 Craig Monroe 1.0 X 6097 0 0 Douglas Harris 54.0 X 175495 0 5000 Patricia Knorr 48.0 X 143741 0 5000 Jeffrey Maudlin 50.0 X 130567 0 2500 James Mill 40.0 X 62072 0 0 Paul Adrian 58.0 X 106487 0 0 1012564 0 27500 5 false true false COMPUTERSHARE 7600 S GRANT STREET BURR RIDGE IL 60527 OUTSIDE SERVICES 295618 TECHNICAL MAINTENANCE SERVICES 461 S MAPLETON STREET COLUMBUS IN 47201 OUTSIDE SERVICES 274194 FISERV 2307 Directors Row INDIANAPOLIS IN 46241 OUTSIDE SERVICES 513441 SCI ENTERPRISES LLC 1516 NEW FORD ROAD SEYMOUR IN 47274 OUTSIDE SERVICES 362617 THE DESIGNERS DESK 28147 WEST COMMERCIAL AVE UNIT 1 LAKE BARRINGTON IL 60010 OUTSIDE SERVICES 158007 5 0 INTEREST - LOANS 522100 28542600 28542600 SERVICE & MEMBER FEES 522100 8961483 8691307 270176 INT-INVEST SECURITIES 523000 6787853 6787853 CREDIT CARD INCOME 522200 4434546 4434546 INT BEARING DEPOSITS 522100 254343 254343 48980825 0 0 0 53319543 14322276 52243797 14885786 1075746 -563510 512236 512236 0 0 0 INSURANCE COMMISSIONS 524113 506419 253710 252709 OTHER INCOME 522100 675979 648317 27662 1182398 50675459 14540116 550547 35584796 0 0 0 0 1012563 0 6721651 97510 1184592 638055 0 111929 118254 0 0 0 0 724371 1286031 986547 0 3176000 112857 0 41265 12482455 0 1146906 2139096 BAD DEBT EXPENSE 6075000 COLLECTIONS 458839 LOAN SERVICING EXPENSE 1732899 OUTSIDE SERVICES 1878491 MEMBER SERVICES 349320 714321 43188952 15876548 11660450 128971354 149293017 488890771 492482124 30616270 16326496 14030327 14289774 190603638 210052851 22829170 24534191 861201808 902312407 764589396 798840964 764589396 798840964 X 96612412 103471443 96612412 103471443 861201808 902312407 X 7486507 -627476 X false true true X false 3548944 3548944 13210319 6098793 7111526 1475325 628180 847145 12081718 9607983 2473735 308424 308424 14289774 AVAILABLE FOR SALE SECURITIES 150223132 F HELD TO MATURITY SECURITIES 59829719 C 210052851 0 MEMBERS' DEPOSITS 763003670 FHLB ADVANCES 34000000 OTHER LIABILITIES 1837294 798840964 50675459 43188952 7486507 -627476 -627476 6859031 32681514 563510 563510 32118004 18557455 18557455 50675459 25195007 563510 563510 24631497 18557455 18557455 43188952 PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE 12,482,455 LOAN LOSSES 6,075,000 PART XIII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE 12,482,455 LOAN LOSSES 6,075,000 PART XII, LINE 2D - OTHER ADJUSTMENTS LOSS ON OTHER ASSETS 563,510 PART XIII, LINE 2D - OTHER ADJUSTMENTS LOSS ON OTHER ASSETS 563,510 PART X, LINE 2 - FIN 48 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. X false false false Loretta Burd 297146 0 60543 0 0 0 15000 0 0 0 372689 0 0 0 Douglas Harris 153720 0 21775 0 0 0 5000 0 0 0 180495 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS EVERY MEMBER OF THE CREDIT UNION HAVING PURCHASED ONE OR MORE SHARES OF STOCK IS A SHAREHOLDER. FORM 990, PART VI, SECTION A, LINE 11 REVIEW OF THE FORM 990 THE FORM 990 IS REVIEWED BY THE EVP/CFO OR VICE PRESIDENT OF FINANCIAL OPERATIONS PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY CONFLICT OF INTEREST POLICIES ARE SIGNED ANNUALLY BY EACH BOARD MEMBER AND OFFICER OF THE ORGANIZATION AND REVIEWED. IF A BOARD MEMBER HAS A CONFLICT THEY RECUSE THEMSELVES FROM DISCUSSIONS AND VOTING IN THAT AREA. FORM 990, PART VI, SECTION B, LINE 15 REVIEW OF OF COMPENSATION PAY INCREASES TO TOP MANAGEMENT ARE APPROVED AS PART OF THE ANNUAL REVIEW PROCESS WHICH IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 5 CHANGE IN UNREALIZED GAIN/LOSS ON AVAILABLE FOR SALE SECURITIES. HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Loretta Burd TITLE:CEO/President HOURS:50 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Douglas Harris TITLE:CFO/EVP HOURS:54 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Patricia Knorr TITLE:COO/EVP HOURS:48 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Jeffrey Maudlin TITLE:CLO HOURS:50 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Paul Adrian TITLE:VP Information Systems HOURS:58 CENTRA FINANCIAL SERVICES LLC 1430 NATIONAL ROAD COLUMBUS IN 47201 BANKING IN 733879 1201490