We Believe in Community: The Story of CenterState Bank of Florida NA
CenterState Bank was started by a group of bankers and entrepreneurs over 25 years ago with 3 separate banks in Polk, Osceola and Pasco Counties with the history of quality service and community focus. Our founding chairman, James White, who passed away in 2014 at the age of 88, laid the foundation for our culture many decades ago. Our core values at CenterState focus on themes of sustainability, a long -term horizon and the career development of our team. The group of bankers came together around the belief that local ownership and local management would translate into a better bank. Through their vision and investment, a bank was born.
Our Holding Company, CenterState Banks, Inc. is headquartered in Davenport, Florida and was formed in June 2000. We currently operate in 26 counties throughout Florida including our newest Loan Production Office in Macon, Georgia. As of January 31, 2017 our 68 bank branch offices and 3 loan production offices are located in the following counties:
CenterState maintain’s approximately $5 billion in assets, $3.9 billion in deposits, and $3.1 billion in loans, providing traditional deposit and lending products and services to its commercial and retail customers, making us Florida’s second largest community bank. The Company also provides correspondent banking and capital market services for approximately 600 community banks nationwide. Correspondent offices are located in Atlanta, GA; Birmingham, AL; Nashville, TN; San Francisco, CA; and Winston-Salem, NC. Additional Business Development offices are located in Austin, TX; Charlotte, NC; Chicago, IL; Denver, CO; and Tampa, FL.
During 2014, the company acquired Gulfstream Business Bank in Stuart, Florida and First Southern Bank in Boca Raton, Florida. Since 2009, our Board of Directors and Management have utilized our strong capital levels and financial stability, positioning the bank to acquire numerous financial institutions.
In 2016, we completed the acquisition of Community Bank of Florida and of 1st National Bank of South Florida. Both banks were headquartered in Homestead, FL and now give CenterState a branch network that covers the state of Florida from Jacksonville to the Keys.
- Ocala National Bank
- Olde Cypress Community Bank
- Independent National Bank
- Community National Bank of Bartow
- Central Florida State Bank
- First Guaranty Bank and Trust Company of Jacksonville
- TD Bank Branches in Putnam County, Florida
- Valrico State Bank
- Federal Trust Acquisition from The Hartford Insurance Company
- Gulfstream Business Bank
- First Southern Bank
- Community Bank of Florida
- 1st National Bank of South Florida