Acquire Gateway Financial Holdings of Florida, Inc.

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WINTER HAVEN, FL., November 30, 2016 — CenterState Banks, Inc. (Nasdaq-GS: CSFL) announced today the signing of a definitive merger agreement under which CenterState will acquire Gateway Financial Holdings of Florida, Inc. (“GFHF”), the parent company of Gateway Bank of Florida, Gateway Bank of Southwest Florida and Gateway Bank of Central Florida ( together, “Gateway”).

Gateway, which is headquartered in Daytona Beach, Florida, currently operates 9 banking locations in the Sarasota-Bradenton, Deltona-Daytona Beach-Ormond Beach, and OcalaGainesville-Villages, Florida MSAs. As of September 30, 2016, Gateway reported assets of $880 million, gross loans of $543 million and deposits of $722million.

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