401k Plan data: CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN plan

CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN 401k Plan overview

Plan Name	CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN
Plan identification number	333

CENTENNIAL BANK EMPLOYEE PROFIT SHARING 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.
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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

CENTENNIAL BANK has sponsored the creation of one or more 401k plans.

Company Name: CENTENNIAL BANK

Employer identification number (EIN): 750313320

NAIC Classification: 522110
NAIC Description: Commercial Banking

Additional information about CENTENNIAL BANK

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division

Incorporation Date: 1974-05-08

Company Identification Number: 600141252

More information about CENTENNIAL BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
333 2013-01-01 CINDY ROBERTSON
333 2012-01-01 CINDY ROBERTSON
333 2011-01-01 CINDY ROBERTSON CINDY ROBERTSON 2012-07-16

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
333	2013-01-01	CINDY ROBERTSON
333	2012-01-01	CINDY ROBERTSON
333	2011-01-01	CINDY ROBERTSON	CINDY ROBERTSON	2012-07-16

Plan Statistics for CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN

401k plan membership statisitcs for CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN

Measure Date Value
2013: CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 176
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 0
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 0
Number of participants with account balances 2013-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 125
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 91
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 19
Total of all active and inactive participants 2012-01-01 110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 110
Number of participants with account balances 2012-01-01 148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 4
2011: CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 108
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 91
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 14
Total of all active and inactive participants 2011-01-01 105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 105
Number of participants with account balances 2011-01-01 105
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2013: CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	176
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	0
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	0
Number of participants with account balances	2013-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	125
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	91
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	19
Total of all active and inactive participants	2012-01-01	110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	110
Number of participants with account balances	2012-01-01	148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	4
2011: CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	108
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	91
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	14
Total of all active and inactive participants	2011-01-01	105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	105
Number of participants with account balances	2011-01-01	105
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN

Measure	Date	Value
2013 : CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-10-01	$0
Total transfer of assets to this plan	2013-10-01	$1,942,453
Total transfer of assets from this plan	2013-10-01	$9,814,874
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-10-01	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-10-01	$0
Total income from all sources (including contributions)	2013-10-01	$2,117,743
Total loss/gain on sale of assets	2013-10-01	$0
Total of all expenses incurred	2013-10-01	$782,523
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-10-01	$779,317
Value of total corrective distributions	2013-10-01	$3,170
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-10-01	$626,895
Value of total assets at end of year	2013-10-01	$0
Value of total assets at beginning of year	2013-10-01	$6,537,201
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-10-01	$36
Total interest from all sources	2013-10-01	$2,555
Total dividends received (eg from common stock, registered investment company shares)	2013-10-01	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-10-01	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2013-10-01	$0
Was this plan covered by a fidelity bond	2013-10-01	Yes
Value of fidelity bond cover	2013-10-01	$2,500,000
If this is an individual account plan, was there a blackout period	2013-10-01	No
Were there any nonexempt tranactions with any party-in-interest	2013-10-01	No
Contributions received from participants	2013-10-01	$433,722
Participant contributions at end of year	2013-10-01	$0
Participant contributions at beginning of year	2013-10-01	$19,991
Income. Received or receivable in cash from other sources (including rollovers)	2013-10-01	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-10-01	No
Value of net income/loss	2013-10-01	$1,335,220
Value of net assets at end of year (total assets less liabilities)	2013-10-01	$0
Value of net assets at beginning of year (total assets less liabilities)	2013-10-01	$6,537,201
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-10-01	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-10-01	No
Were any leases to which the plan was party in default or uncollectible	2013-10-01	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-10-01	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-10-01	$5,605,029
Interest on participant loans	2013-10-01	$2,514
Interest earned on other investments	2013-10-01	$41
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-10-01	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-10-01	$912,181
Net investment gain/loss from pooled separate accounts	2013-10-01	$1,488,293
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-10-01	No
Was there a failure to transmit to the plan any participant contributions	2013-10-01	No
Has the plan failed to provide any benefit when due under the plan	2013-10-01	No
Contributions received in cash from employer	2013-10-01	$193,173
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-10-01	$779,317
Contract administrator fees	2013-10-01	$36
Did the plan have assets held for investment	2013-10-01	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	2013-10-01	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-10-01	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-10-01	Yes
Opinion of an independent qualified public accountant for this plan	2013-10-01	Disclaimer
Accountancy firm name	2013-10-01	CONNOR,MCMILLON,MITCHELL & SHENNUM
Accountancy firm EIN	2013-10-01	263195732
2012 : CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$1,351,561
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$385,532
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$382,089
Value of total corrective distributions	2012-12-31	$3,171
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$571,850
Value of total assets at end of year	2012-12-31	$6,537,201
Value of total assets at beginning of year	2012-12-31	$5,571,172
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$272
Total interest from all sources	2012-12-31	$26,005
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$370,734
Participant contributions at end of year	2012-12-31	$19,991
Participant contributions at beginning of year	2012-12-31	$69,336
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$40,310
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$966,029
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$6,537,201
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$5,571,172
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$5,605,029
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$4,758,213
Interest on participant loans	2012-12-31	$1,534
Interest earned on other investments	2012-12-31	$24,471
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2012-12-31	$912,181
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-12-31	$743,623
Net investment gain/loss from pooled separate accounts	2012-12-31	$753,706
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$160,806
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$382,089
Contract administrator fees	2012-12-31	$272
Did the plan have assets held for investment	2012-12-31	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	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	CONNOR,MCMILLON,MITCHELL & SHENNUM
Accountancy firm EIN	2012-12-31	263195732
2011 : CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan	2011-12-31	$0
Total income from all sources	2011-12-31	$240,571
Expenses. Total of all expenses incurred	2011-12-31	$245,940
Benefits paid (including direct rollovers)	2011-12-31	$229,960
Total plan assets at end of year	2011-12-31	$5,571,172
Total plan assets at beginning of year	2011-12-31	$5,576,541
Value of fidelity bond covering the plan	2011-12-31	$500,000
Total contributions received or receivable from participants	2011-12-31	$359,510
Expenses. Other expenses not covered elsewhere	2011-12-31	$188
Other income received	2011-12-31	$-273,357
Net income (gross income less expenses)	2011-12-31	$-5,369
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$5,571,172
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$5,576,541
Assets. Value of participant loans	2011-12-31	$69,336
Total contributions received or receivable from employer(s)	2011-12-31	$154,418
Value of corrective distributions	2011-12-31	$15,792
Funding deficiency by the employer to the plan for this plan year	2011-12-31	$0
Minimum employer required contribution for this plan year	2011-12-31	$0
Amount contributed by the employer to the plan for this plan year	2011-12-31	$0
2010 : CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$1,304,258
Expenses. Total of all expenses incurred	2010-12-31	$152,449
Benefits paid (including direct rollovers)	2010-12-31	$152,374
Total plan assets at end of year	2010-12-31	$5,576,541
Total plan assets at beginning of year	2010-12-31	$4,424,732
Value of fidelity bond covering the plan	2010-12-31	$500,000
Total contributions received or receivable from participants	2010-12-31	$379,098
Expenses. Other expenses not covered elsewhere	2010-12-31	$75
Contributions received from other sources (not participants or employers)	2010-12-31	$61,960
Other income received	2010-12-31	$703,189
Net income (gross income less expenses)	2010-12-31	$1,151,809
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$5,576,541
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$4,424,732
Assets. Value of participant loans	2010-12-31	$120,090
Total contributions received or receivable from employer(s)	2010-12-31	$160,011
Funding deficiency by the employer to the plan for this plan year	2010-12-31	$0
Minimum employer required contribution for this plan year	2010-12-31	$0
Amount contributed by the employer to the plan for this plan year	2010-12-31	$0

Form 5500 Responses for CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN

2013: CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	Yes
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: CENTENNIAL BANK EMPLOYEE PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes

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Company Name:	CENTENNIAL BANK
Employer identification number (EIN):	750313320
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Jurisdiction of Incorporation:	Washington Secretary of State Corporations Division
Incorporation Date:	1974-05-08
Company Identification Number:	600141252