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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
INTEREST INCOME      
Loans, taxable $ 32,198cnbka_LoansTaxable $ 33,214cnbka_LoansTaxable $ 34,983cnbka_LoansTaxable
Loans, non-taxable 17,910cnbka_LoansNonTaxable 16,082cnbka_LoansNonTaxable 16,432cnbka_LoansNonTaxable
Securities available-for-sale, taxable 2,601us-gaap_InterestIncomeSecuritiesTaxable 13,024us-gaap_InterestIncomeSecuritiesTaxable 22,286us-gaap_InterestIncomeSecuritiesTaxable
Securities available-for-sale, non-taxable 282us-gaap_InterestIncomeSecuritiesTaxExempt 286us-gaap_InterestIncomeSecuritiesTaxExempt 340us-gaap_InterestIncomeSecuritiesTaxExempt
Federal Home Loan Bank of Boston dividends 283cnbka_FederalHomeLoanBankDividends 59cnbka_FederalHomeLoanBankDividends 77cnbka_FederalHomeLoanBankDividends
Securities held-to-maturity 31,745us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity 16,615us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity 6,746us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity
Federal funds sold, interest-bearing deposits in other banks and short-term investments 352cnbka_InterestIncomeFromFederalFundsSoldAndInterestBearingDepositsInOtherBanks 485cnbka_InterestIncomeFromFederalFundsSoldAndInterestBearingDepositsInOtherBanks 630cnbka_InterestIncomeFromFederalFundsSoldAndInterestBearingDepositsInOtherBanks
Total interest income 85,371us-gaap_InterestAndDividendIncomeOperating 79,765us-gaap_InterestAndDividendIncomeOperating 81,494us-gaap_InterestAndDividendIncomeOperating
INTEREST EXPENSE      
Savings and NOW deposits 2,539cnbka_InterestExpenseSavingsAndNowDeposits 2,585cnbka_InterestExpenseSavingsAndNowDeposits 2,250cnbka_InterestExpenseSavingsAndNowDeposits
Money market accounts 2,715us-gaap_InterestExpenseMoneyMarketDeposits 2,472us-gaap_InterestExpenseMoneyMarketDeposits 2,373us-gaap_InterestExpenseMoneyMarketDeposits
Time deposits 4,421us-gaap_InterestExpenseTimeDeposits 4,777us-gaap_InterestExpenseTimeDeposits 6,250us-gaap_InterestExpenseTimeDeposits
Securities sold under agreements to repurchase 391us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase 361us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase 367us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
Other borrowed funds and subordinated debentures 9,070us-gaap_InterestExpenseLongTermDebt 8,610us-gaap_InterestExpenseLongTermDebt 8,300us-gaap_InterestExpenseLongTermDebt
Total interest expense 19,136us-gaap_InterestExpense 18,805us-gaap_InterestExpense 19,540us-gaap_InterestExpense
Net interest income 66,235us-gaap_InterestIncomeExpenseNet 60,960us-gaap_InterestIncomeExpenseNet 61,954us-gaap_InterestIncomeExpenseNet
Provision for loan losses (Note 6) 2,050us-gaap_ProvisionForLoanLossesExpensed 2,710us-gaap_ProvisionForLoanLossesExpensed 4,150us-gaap_ProvisionForLoanLossesExpensed
Net interest income after provision for loan losses 64,185us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 58,250us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 57,804us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
OTHER OPERATING INCOME      
Service charges on deposit accounts 8,063us-gaap_FeesAndCommissionsDepositorAccounts 8,113us-gaap_FeesAndCommissionsDepositorAccounts 7,880us-gaap_FeesAndCommissionsDepositorAccounts
Lockbox fees 3,099cnbka_LockboxFees 3,079cnbka_LockboxFees 2,930cnbka_LockboxFees
Brokerage commissions 302us-gaap_BrokerageCommissionsRevenue 257us-gaap_BrokerageCommissionsRevenue 364us-gaap_BrokerageCommissionsRevenue
Net gains on sales of securities 450us-gaap_GainLossOnInvestments 3,019us-gaap_GainLossOnInvestments 1,843us-gaap_GainLossOnInvestments
Gains on sales of mortgage loans 757us-gaap_GainLossOnSaleOfMortgageLoans 1,564us-gaap_GainLossOnSaleOfMortgageLoans 297us-gaap_GainLossOnSaleOfMortgageLoans
Other income 2,600us-gaap_NoninterestIncomeOther 2,583us-gaap_NoninterestIncomeOther 2,551us-gaap_NoninterestIncomeOther
Total other operating income 15,271us-gaap_NoninterestIncome 18,615us-gaap_NoninterestIncome 15,865us-gaap_NoninterestIncome
OPERATING EXPENSES      
Salaries and employee benefits (Note 17) 35,096us-gaap_LaborAndRelatedExpense 35,244us-gaap_LaborAndRelatedExpense 32,943us-gaap_LaborAndRelatedExpense
Occupancy 5,503us-gaap_OccupancyNet 5,000us-gaap_OccupancyNet 4,695us-gaap_OccupancyNet
Equipment 2,329us-gaap_EquipmentExpense 2,298us-gaap_EquipmentExpense 2,255us-gaap_EquipmentExpense
FDIC assessments 1,970us-gaap_FederalDepositInsuranceCorporationPremiumExpense 1,790us-gaap_FederalDepositInsuranceCorporationPremiumExpense 1,737us-gaap_FederalDepositInsuranceCorporationPremiumExpense
Other (Note 20) 11,832us-gaap_OtherNoninterestExpense 11,480us-gaap_OtherNoninterestExpense 11,608us-gaap_OtherNoninterestExpense
Total operating expenses 56,730us-gaap_NoninterestExpense 55,812us-gaap_NoninterestExpense 53,238us-gaap_NoninterestExpense
Income before income taxes 22,726us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 21,053us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 20,431us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for income taxes (Note 16) 866us-gaap_IncomeTaxExpenseBenefit 1,007us-gaap_IncomeTaxExpenseBenefit 1,392us-gaap_IncomeTaxExpenseBenefit
Net income 21,860us-gaap_NetIncomeLoss 20,046us-gaap_NetIncomeLoss 19,039us-gaap_NetIncomeLoss
Class A Common Stock [Member]      
OPERATING EXPENSES      
Net income 17,157us-gaap_NetIncomeLoss
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
15,698us-gaap_NetIncomeLoss
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
14,877us-gaap_NetIncomeLoss
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
SHARE DATA (Note 14)      
Weighted average number of shares outstanding, basic 3,591,732us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
3,575,683us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
3,557,693us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
Weighted average number of shares outstanding, diluted 5,562,209us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
5,557,693us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
5,549,191us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
Basic earnings per share $ 4.78us-gaap_EarningsPerShareBasic
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
$ 4.39us-gaap_EarningsPerShareBasic
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
$ 4.18us-gaap_EarningsPerShareBasic
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
Diluted earnings per share $ 3.93us-gaap_EarningsPerShareDiluted
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
$ 3.61us-gaap_EarningsPerShareDiluted
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
$ 3.43us-gaap_EarningsPerShareDiluted
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
Class B Common Stock [Member]      
OPERATING EXPENSES      
Net income $ 4,703us-gaap_NetIncomeLoss
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
$ 4,348us-gaap_NetIncomeLoss
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
$ 4,162us-gaap_NetIncomeLoss
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
SHARE DATA (Note 14)      
Weighted average number of shares outstanding, basic 1,969,030us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
1,980,855us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
1,990,474us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
Weighted average number of shares outstanding, diluted 1,969,030us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
1,980,855us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
1,990,474us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
Basic earnings per share $ 2.39us-gaap_EarningsPerShareBasic
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
$ 2.19us-gaap_EarningsPerShareBasic
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
$ 2.09us-gaap_EarningsPerShareBasic
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
Diluted earnings per share $ 2.39us-gaap_EarningsPerShareDiluted
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
$ 2.19us-gaap_EarningsPerShareDiluted
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
$ 2.09us-gaap_EarningsPerShareDiluted
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember