| Filed Pursuant to Rule 425 of the Securities Act of 1933 Filer: Royal Bank of Canada Subject company: Centura Banks, Inc. Centura Banks, Inc. Exchange Act File Number: 001-10646 |
| [CENTURA LOGO] | Backgrounder |
Centura Banks, Inc.
Publicly-traded Centura Banks Inc. (NYSE: CBC) is among the United States' 50 largest banks and an experienced provider of a full range of financial services for individuals and businesses. Based in Rocky Mount, North Carolina, Centura has more than US$11 billion in assets, 241 branches and 254 ATMs concentrated in North Carolina, South Carolina and Virginia.
Centura provides licensed investment brokerage services through Centura Securities and full-service insurance services through Centura Insurance Services Inc.
Personal and Commercial Banking:
• | Fifth-largest deposit taker in North Carolina, with a approx. 7 per cent of the market; o Two-thirds of a $7 billion loan portfolio comprises commercial lending, of which 60 per cent is real estate; |
• | Fifth-largest deposit taker in North Carolina, with a approx. 7 per cent of the market; |
• | Two-thirds of a $7 billion loan portfolio comprises commercial lending, of which 60 per cent is real estate; |
• | Mortgage business includes origination, servicing and a minority interest in a sub-prime mortgage lender; |
• | Personal and Commercial Banking contributes approximately 74 per cent of revenues; |
• | Full-service Internet-based web banking. |
Wealth Management:
• | US$3.5 billion in assets under management and administration; |
• | Full-service and discount brokerage with 44 brokers; |
• | Recently reorganized brokerage, asset management and private banking operations into a new wealth management division; |
Insurance (Life, Annuity, P&C/TRAVEL):
• | Third-largest insurance agency in North Carolina; |
• | Offers P&C, Life and creditor products; |
• | Focused on two-way cross-selling between insurance and bank. |
