401k Plan data: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN plan

CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	003

CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Stock bonus
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
The employer maintaining this ESOP is an S Corporation
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

CENTRAL BANCSHARES, INC. has sponsored the creation of one or more 401k plans.

Company Name: CENTRAL BANCSHARES, INC.

Employer identification number (EIN): 742194215

NAIC Classification: 522110
NAIC Description: Commercial Banking

Additional information about CENTRAL BANCSHARES, INC.

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 1981-08-28

Company Identification Number: 0057575000

Legal Registered Office Address: PO BOX 801263

HOUSTON
United States of America (USA)
77280

More information about CENTRAL BANCSHARES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2022-01-01
003 2021-01-01
003 2020-01-01
003 2019-01-01
003 2018-04-01 SHELBY JOHN

Plan Statistics for CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 180
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 153
Number of retired or separated participants receiving benefits 2022-01-01 2
Number of other retired or separated participants entitled to future benefits 2022-01-01 24
Total of all active and inactive participants 2022-01-01 179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 179
Number of participants with account balances 2022-01-01 164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 2
2021: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 302
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 300
Number of retired or separated participants receiving benefits 2021-01-01 1
Number of other retired or separated participants entitled to future benefits 2021-01-01 34
Total of all active and inactive participants 2021-01-01 335
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 335
Number of participants with account balances 2021-01-01 232
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 166
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 140
Number of retired or separated participants receiving benefits 2020-01-01 2
Number of other retired or separated participants entitled to future benefits 2020-01-01 22
Total of all active and inactive participants 2020-01-01 164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 164
Number of participants with account balances 2020-01-01 157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 163
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 146
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 25
Total of all active and inactive participants 2019-01-01 171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 171
Number of participants with account balances 2019-01-01 161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 5
2018: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year 2018-04-01 0
Total number of active participants reported on line 7a of the Form 5500 2018-04-01 140
Number of retired or separated participants receiving benefits 2018-04-01 0
Number of other retired or separated participants entitled to future benefits 2018-04-01 3
Total of all active and inactive participants 2018-04-01 143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-04-01 0
Total participants 2018-04-01 143
Number of participants with account balances 2018-04-01 64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-04-01 0

Measure	Date	Value
2022: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	180
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	153
Number of retired or separated participants receiving benefits	2022-01-01	2
Number of other retired or separated participants entitled to future benefits	2022-01-01	24
Total of all active and inactive participants	2022-01-01	179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	179
Number of participants with account balances	2022-01-01	164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	2
2021: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	302
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	300
Number of retired or separated participants receiving benefits	2021-01-01	1
Number of other retired or separated participants entitled to future benefits	2021-01-01	34
Total of all active and inactive participants	2021-01-01	335
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	335
Number of participants with account balances	2021-01-01	232
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	166
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	140
Number of retired or separated participants receiving benefits	2020-01-01	2
Number of other retired or separated participants entitled to future benefits	2020-01-01	22
Total of all active and inactive participants	2020-01-01	164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	164
Number of participants with account balances	2020-01-01	157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	163
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	146
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	25
Total of all active and inactive participants	2019-01-01	171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	171
Number of participants with account balances	2019-01-01	161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	5
2018: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year	2018-04-01	0
Total number of active participants reported on line 7a of the Form 5500	2018-04-01	140
Number of retired or separated participants receiving benefits	2018-04-01	0
Number of other retired or separated participants entitled to future benefits	2018-04-01	3
Total of all active and inactive participants	2018-04-01	143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-04-01	0
Total participants	2018-04-01	143
Number of participants with account balances	2018-04-01	64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-04-01	0

Financial Data on CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2022 : CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2022-12-31	$844,200
Total unrealized appreciation/depreciation of assets	2022-12-31	$844,200
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-260,497
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$1,050,154
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$966,964
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$2,124,236
Value of total assets at end of year	2022-12-31	$24,201,659
Value of total assets at beginning of year	2022-12-31	$25,512,310
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$83,190
Total interest from all sources	2022-12-31	$27,934
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$964,151
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$800,728
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$7,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$1,477,909
Participant contributions at end of year	2022-12-31	$471,143
Participant contributions at beginning of year	2022-12-31	$433,681
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$52,359
Other income not declared elsewhere	2022-12-31	$1,133
Administrative expenses (other) incurred	2022-12-31	$39,461
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-1,310,651
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$24,201,659
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$25,512,310
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$17,971,401
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$21,645,190
Interest on participant loans	2022-12-31	$21,892
Value of interest in common/collective trusts at end of year	2022-12-31	$2,490,815
Value of interest in common/collective trusts at beginning of year	2022-12-31	$1,071,754
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$118,300
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$55,885
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$55,885
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$6,042
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-4,279,857
Net investment gain or loss from common/collective trusts	2022-12-31	$57,706
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Assets. Invements in employer securities at end of year	2022-12-31	$3,150,000
Assets. Invements in employer securities at beginning of year	2022-12-31	$2,305,800
Contributions received in cash from employer	2022-12-31	$593,968
Income. Dividends from common stock	2022-12-31	$163,423
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$966,964
Contract administrator fees	2022-12-31	$43,729
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	CROWE LLP.
Accountancy firm EIN	2022-12-31	350921680
2021 : CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2021-12-31	$58,584
Total unrealized appreciation/depreciation of assets	2021-12-31	$58,584
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$5,049,637
Total loss/gain on sale of assets	2021-12-31	$1,301
Total of all expenses incurred	2021-12-31	$198,358
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$162,993
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$2,351,733
Value of total assets at end of year	2021-12-31	$25,512,310
Value of total assets at beginning of year	2021-12-31	$20,661,031
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$35,365
Total interest from all sources	2021-12-31	$22,950
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$1,516,372
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$1,355,815
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$7,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$56,122
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$1,331,010
Participant contributions at end of year	2021-12-31	$433,681
Participant contributions at beginning of year	2021-12-31	$353,013
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$478,528
Other income not declared elsewhere	2021-12-31	$1,917
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$4,851,279
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$25,512,310
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$20,661,031
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$21,645,190
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$17,377,133
Interest on participant loans	2021-12-31	$19,899
Value of interest in common/collective trusts at end of year	2021-12-31	$1,071,754
Value of interest in common/collective trusts at beginning of year	2021-12-31	$659,779
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$55,885
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$34,606
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$34,606
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$3,051
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$1,080,233
Net investment gain or loss from common/collective trusts	2021-12-31	$16,547
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Assets. Invements in employer securities at end of year	2021-12-31	$2,305,800
Assets. Invements in employer securities at beginning of year	2021-12-31	$2,236,500
Contributions received in cash from employer	2021-12-31	$542,195
Income. Dividends from common stock	2021-12-31	$160,557
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$162,993
Contract administrator fees	2021-12-31	$35,365
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Aggregate proceeds on sale of assets	2021-12-31	$1,301
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	CROWE LLP.
Accountancy firm EIN	2021-12-31	350921680
2020 : CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2020-12-31	$-359,100
Total unrealized appreciation/depreciation of assets	2020-12-31	$-359,100
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$3,697,308
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$1,707,891
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,677,558
Expenses. Certain deemed distributions of participant loans	2020-12-31	$-246
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,681,280
Value of total assets at end of year	2020-12-31	$20,661,031
Value of total assets at beginning of year	2020-12-31	$18,671,614
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$30,579
Total interest from all sources	2020-12-31	$21,395
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$921,465
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$775,125
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$7,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$1,198,540
Participant contributions at end of year	2020-12-31	$353,013
Participant contributions at beginning of year	2020-12-31	$390,403
Other income not declared elsewhere	2020-12-31	$14
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$1,989,417
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$20,661,031
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$18,671,614
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$17,377,133
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$15,118,205
Interest on participant loans	2020-12-31	$20,921
Value of interest in common/collective trusts at end of year	2020-12-31	$659,779
Value of interest in common/collective trusts at beginning of year	2020-12-31	$396,982
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$34,606
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$170,424
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$170,424
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$474
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$1,416,758
Net investment gain or loss from common/collective trusts	2020-12-31	$15,496
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Assets. Invements in employer securities at end of year	2020-12-31	$2,236,500
Assets. Invements in employer securities at beginning of year	2020-12-31	$2,595,600
Contributions received in cash from employer	2020-12-31	$482,740
Income. Dividends from common stock	2020-12-31	$146,340
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,677,558
Contract administrator fees	2020-12-31	$30,579
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Unqualified
Accountancy firm name	2020-12-31	BRIGGS & VESELKA CO.
Accountancy firm EIN	2020-12-31	741769118
2019 : CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2019-12-31	$107,100
Total unrealized appreciation/depreciation of assets	2019-12-31	$107,100
Total transfer of assets to this plan	2019-12-31	$13,203,824
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$5,109,904
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$2,189,058
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$2,166,939
Expenses. Certain deemed distributions of participant loans	2019-12-31	$-961
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$2,312,558
Value of total assets at end of year	2019-12-31	$18,671,614
Value of total assets at beginning of year	2019-12-31	$2,546,944
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$23,080
Total interest from all sources	2019-12-31	$24,011
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$1,767,911
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$1,658,308
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$7,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$1,182,433
Participant contributions at end of year	2019-12-31	$390,403
Participant contributions at beginning of year	2019-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$648,534
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$2,920,846
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$18,671,614
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$2,546,944
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$15,515,187
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$0
Interest on participant loans	2019-12-31	$21,634
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$170,424
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$58,444
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$58,444
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$2,377
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$886,657
Net investment gain or loss from common/collective trusts	2019-12-31	$11,667
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Assets. Invements in employer securities at end of year	2019-12-31	$2,595,600
Assets. Invements in employer securities at beginning of year	2019-12-31	$2,488,500
Contributions received in cash from employer	2019-12-31	$481,591
Income. Dividends from common stock	2019-12-31	$109,603
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$2,166,939
Contract administrator fees	2019-12-31	$23,080
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	No
Opinion of an independent qualified public accountant for this plan	2019-12-31	Unqualified
Accountancy firm name	2019-12-31	BRIGGS & VESELKA CO.
Accountancy firm EIN	2019-12-31	741769118
2018 : CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$2,546,944
Expenses. Total of all expenses incurred	2018-12-31	$0
Total plan assets at end of year	2018-12-31	$2,546,944
Total plan assets at beginning of year	2018-12-31	$0
Value of fidelity bond covering the plan	2018-12-31	$7,000,000
Contributions received from other sources (not participants or employers)	2018-12-31	$2,092,004
Other income received	2018-12-31	$454,940
Net income (gross income less expenses)	2018-12-31	$2,546,944
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$2,546,944
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$0
Assets. Value of employer securities	2018-12-31	$2,488,500
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0

Form 5500 Responses for CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2022: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: CENTRAL BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-04-01	Type of plan entity	Single employer plan
2018-04-01	First time form 5500 has been submitted	Yes
2018-04-01	Submission has been amended	No
2018-04-01	This submission is the final filing	No
2018-04-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2018-04-01	Plan is a collectively bargained plan	No
2018-04-01	Plan funding arrangement – Trust	Yes
2018-04-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

CENTRAL BANCSHARES, INC. 401(K) PLAN [EIN = 421153883]

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	CENTRAL BANCSHARES, INC.
Employer identification number (EIN):	742194215
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	1981-08-28
Company Identification Number:	0057575000
Legal Registered Office Address:	PO BOX 801263 HOUSTON United States of America (USA) 77280