Fourth Quarter 2016 Earnings Results

CenterState Banks Inc Logo

CenterState Banks Inc Logo

WINTER HAVEN, FL. – January 25, 2017 – CenterState Banks, Inc. (Nasdaq: CSFL) reported net income of $16,027 or diluted earnings per share (“EPS”) of $0.33 for the fourth quarter of 2016, compared to reported net income of $10,396 or $0.23 EPS during the same period in 2015. The current quarter’s net income of $16,027 was impacted by gains on sale of bank properties held for sale of approximately $483, net of tax, and merger related costs of approximately ($180), net of tax.

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