CenterState Bank of Florida, National Association in Winter Haven, Florida (FL)



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CenterState Bank of Florida, National Association routing number info

Table of contents:
CenterState Bank of Florida, National Association
GeneralFDIC Certificate #: 33555
Status: Active
Federal Reserve ID: 1929247
Bank Holding Company (Regulatory Top Holder): Centerstate Banks, Inc. (RSSDID: 2868129, Location: Davenport, FL)
Date Established: Febuary 21, 1992
WWW: http://www.centerstatebank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 65 (Domestic: 54, Interstate: No)
FDIC's unique #: 47437
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: Febuary 21, 1992
Last Structure Change Effective Date: January 27, 2012
Last Structure Change Process Date: January 30, 2012
Last Data Update: January 30, 2012
Data Source Date: April 05, 2012
LocationAddress: 7722 State Road 544, Winter Haven, FL 33881
County: Polk
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Tampa
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Lakeland-Winter Haven, FL (#3980)
Core Based Statistical Area (CBSA): Lakeland-Winter Haven, FL (#29460)
CBSA Metro Statistical Area: Lakeland-Winter Haven, FL (#29460)
History of ChangesParticipated in FDIC Assisted Absorption/Consolidation/Merger
Financial SummaryTotal assets: $2,082.6 mil
Equity capital: $198.5 mil
Deposits held in domestic offices: $1,779.8 mil
Return on assets (ROA): 1.09% ($22.7 mil)
Quarterly return on assets: 4.09% ($85.2 mil)
Return on Equity (ROE): 11.73% ($23.3 mil)
Quarterly return on equity: 43.40% ($86.4 mil)
Net income: $21.3 mil
Quarterly Net income: $20.5 mil
Pretax return on assets: 1.68% ($34,987.5 mil)
Quarterly Pretax return on assets: 6.29% ($130,994.8 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)597
Total assets$2,082,588
Cash and due from depository institutions$126,981
Interest-bearing balances$113,744
Securities$561,571
Federal funds sold & reverse repurchase agreements$9,907
Net loans & leases$1,152,859
Loan loss allowance $24,934
Trading account assets$0
Bank premises and fixed assets$82,376
Other real estate owned$14,098
Goodwill and other intangibles$23,848
All other assets$110,948
Life insurance assets$2,082,588
Total liabilities and capital$1,884,079
Total liabilities$1,779,775
Total deposits$1,380,973
Interest-bearing deposits$1,779,775
Deposits held in domestic offices$68
% insured (estimated)69276.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $35,028
All other liabilities $198,509
Total equity capital$198,509
Total bank equity capital$198,509
Perpetual preferred stock$0
Common stock$7,490
Surplus$114,550
Undivided profits $76,469
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $3,741
Income earned, not collected on loans $63,722
Earning assets $0
Long-term assets (5+ years) $6,380
Average Assets, year-to-date $1,838,081
Average Assets, quarterly $787,151
Volatile liabilities $1,954,033
Insider loans $2,002,970
FHLB advances $1,155,685
Loans and leases held for sale $2,011,772
Unused loan commitments $31,436
Tier 1 (core) risk-based capital $11,489
Tier 2 risk-based capital $169,365
Total risk weighted assets $3,483
Total unused commitments $16,464
Restructured Loans and leases $1,626,687
Derivatives$19,771
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $74,847
Total interest expense $10,571
Net interest income $64,276
Provision for loan and lease losses $30,563
Total noninterest income $97,606
Fiduciary activities $0
Service charges on deposit accounts $4,906
Trading account gains & fees $485
Additional noninterest income $92,215
Total noninterest expense $102,031
Salaries and employee benefits $55,164
Premises and equipment expense $12,045
Additional noninterest expense $34,822
Pre-tax net operating income $29,288
Securities gains (losses) $3,464
Applicable income taxes $11,440
Income before extraordinary items $21,312
Extraordinary gains - net $0
Net income attributable to bank $21,312
Net charge-offs $0
Cash dividends $21,312
Sale, conversion, retirement of capital stock, net $26,095
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.37%
Cost of funding earning assets 0.62%
Net interest margin 3.75%
Noninterest income to earning assets 5.69%
Noninterest expense to earning assets 5.95%
Net operating income to assets 0.98%
Return on assets (ROA) 1.09%
Pretax return on assets 1.68%
Return on equity (ROE) 11.73%
Retained earnings to average equity (YTD only) 11.73%
Net charge-offs to loans 2.45%
Credit loss provision to net charge-offs 117.12%
Efficiency ratio2.29%
Assets per employee$62,665
Cash dividends to net income (YTD only)3.49%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.12%
Noncurrent assets plus other real estate owned to assets 39.13%
Noncurrent loans to loans 3.74%
Net loans and leases to deposits5.41%
Net loans and leases to core deposits 64.78%
Equity capital to assets 71.24%
Core capital (leverage) ratio 9.53%
Tier 1 risk-based capital ratio 8.42%
Total risk-based capital ratio 14.65%
Memoranda
Average assets$16
Average earning assets$1,954,033
Average equity $181,663
Average loans $1,713,925
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65 Florida Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
047437Centerstate Bank Of Florida, National Association7722 State Road 544, Winter Haven, FL 33881Febuary 21, 1992Full Service Brick and Mortar
1289762Southern Dunes Branch36099 State Highway 27 North, Haines City, FL 33844May 11, 1995Full Service Brick and Mortar
2289763Polo Park Branch100 Polo Park East Boulevard, Davenport, FL 33897January 08, 1997Full Service Brick and Mortar
3362508Lake Alfred Branch155 Lake Shore Way, Lake Alfred, FL 33850September 25, 2001Full Service Brick and Mortar
677703Centerstate Bk Winter Haven Branch1101 First Street South, Winter Haven, FL 33880April 14, 2000Full Service Brick and Mortar
7359714Messenger Service Branch1101 First Street South, Winter Haven, FL 33880January 08, 2001Limited Service Messenger
8362571Havendale Branch3670 Havendale Boulevard, Auburndale, FL 33823September 25, 2001Full Service Brick and Mortar
9363080500 South Florida Avenue500 South Florida Avenue, Lakeland, FL 33801January 09, 2002Full Service Brick and Mortar
10418490Four Lakes Branch990 La Qunita Boulevard, Winter Haven, FL 33881January 13, 2003Full Service Retail
11418506Lake Ashton Branch4144 Ashton Club Drive, Lake Wales, FL 33859December 20, 2002Full Service Retail
12428147Lake Wales Branch300 West Central Avenue, Lake Wales, FL 33853April 19, 2004Full Service Brick and Mortar
13457029South Lakeland Branch4719 Sourth Florida Avenue, Lakeland, FL 33803October 30, 2006Full Service Brick and Mortar
14457044Deer Creek Branch42725 Us Highway 27, Davenport, FL 33837October 02, 2006Full Service Brick and Mortar
1535227Ocala National Bank Branch406 East Silver Springs Boulevard, Ocala, FL 34470Febuary 07, 1986Full Service Brick and Mortar
1625966136th Avenue Branch811 N.E. 36th Avenue, Ocala, FL 34470June 10, 1996Full Service Brick and Mortar
17466238Quail Meadows Office Branch4905 Nw Blichton Road, Ocala, FL 34482April 09, 2007Full Service Brick and Mortar
18466239Heathbrook Office Branch5350 Sw College Road, Ocala, FL 34474Febuary 09, 2007Full Service Brick and Mortar
21510311Vero Beach Branch801 20th Place, Palm Bay, FL 32906June 15, 2010Full Service Brick and Mortar
2241698Olde Cypress Community Bank Branch205 South W C Owen, Clewiston, FL 33440January 01, 1927Full Service Brick and Mortar
23271155Labelle Branch45 Bridge Street, Labelle, FL 33935January 01, 1927Full Service Brick and Mortar
2617470Bartow Branch1375 North Broadway, Bartow, FL 33831July 02, 1984Full Service Brick and Mortar
2739618Ocala Branch60 S.W. 17th Street, Ocala, FL 34471October 03, 1988Full Service Brick and Mortar
28261834Highway 200 Branch7755 S.W. 65th Avenue Road, Ocala, FL 34470May 17, 1995Full Service Brick and Mortar
29261835Belleview Branch10990 U.S. Highway 441 Southeast, Belleview, FL 34420Febuary 08, 1999Full Service Brick and Mortar
30261836Tri-County Branch13891 U.S. 441, North, Lady Lake, FL 32159May 17, 1999Full Service Brick and Mortar
31513640Okeechobee Branch1611 South Parrott Avenue, Okeechobee, FL 34974September 20, 2010Full Service Brick and Mortar
3240392Kissimmee Office Branch920 John Young Parkway, Kissimmee, FL 34744September 13, 1989Full Service Brick and Mortar
33262310Southchase Branch12285 South Orange Blossom Trail, Orlando, FL 32837June 01, 1999Full Service Brick and Mortar
34262312Poinciana Branch850 Cypress Parkway, Poinciana, FL 34759June 24, 1996Full Service Brick and Mortar
35262313St. Cloud Branch2801 13th Street, St. Cloud, FL 34769September 30, 1993Full Service Brick and Mortar
36429608Osceola Parkway Branch1000 West Osceola Parkway, Kissimmee, FL 34741June 07, 2004Full Service Brick and Mortar
37461695Ashton Branch4898 East Irlo Bronson Memorial Highway, Saint Cloud, FL 34769Febuary 05, 2007Full Service Brick and Mortar
3845533Zephyrhills Branch6930 Gall Boulevard, Zephyrhills, FL 33541November 03, 1989Full Service Brick and Mortar
39288930Bushnell Branch114 Belt Avenue, Bushnell, FL 33513March 15, 1993Full Service Brick and Mortar
40288931West Zephyrhills Branch36239 State Road 54 West, Zephyrhills, FL 33541November 13, 1997Full Service Brick and Mortar
41357879Dade City Branch14045 7th Street, Dade City, FL 33525March 16, 2000Full Service Brick and Mortar
42365744Inverness Branch151 East Highlands Boulevard, Inverness, FL 34450October 17, 2002Full Service Brick and Mortar
43365745Spring Hill Branch12435 Cortez Boulevard, Brooksville, FL 34613October 17, 2002Full Service Brick and Mortar
44445640Crystal River Branch1205 E. 5th St, Crystal River, FL 34429October 31, 2005Full Service Brick and Mortar
45469166Mobile Courier Service Branch6930 Gall Boulevard, Zephyrhills, FL 33542May 01, 2006Full Service Brick and Mortar
46288929Clermont Branch1051 E. Highway 50, Clermont, FL 34711January 25, 1996Full Service Brick and Mortar
47288932Groveland Branch1105 West Broad Street, Groveland, FL 34736October 19, 1998Full Service Brick and Mortar
48455622Eustis Office15830 Us Hwy 441, Eustis, FL 32726September 25, 2006Full Service Brick and Mortar
49362076Leesburg Office903 West North Boulevard, Leesburg, FL 34748January 12, 2004Full Service Brick and Mortar
50271351Sr 315 & Sr 20 Branch1120 Highway 20, Miller Shopping Center, Interlachen, FL 32148April 01, 1934Full Service Brick and Mortar
5117046Crescent City Branch500 North Summit Street, Crescent City, FL 32112April 15, 1983Full Service Brick and Mortar
52257491East Palatka Branch1 Eastgate Square, East Palatka, FL 32131September 24, 1984Full Service Brick and Mortar
53257493Palatka Branch3202 Crill Avenue, Palatka, FL 32177August 25, 1992Full Service Brick and Mortar
5645414Sandford Branch420 West First Street, Sanford, FL 32771May 03, 1988Full Service Brick and Mortar
57288388Winter Park Branch655 West Morse Boulevard, Winter Park, FL 32789October 30, 1998Full Service Brick and Mortar
58360678New Smyrna Beach Branch761 E. 3rd Avenue, New Smyrna Beach, FL 32169June 22, 2001Full Service Brick and Mortar
59423497Orange City Branch2690 Enterprise Road, Orange City, FL 32763October 06, 2003Full Service Brick and Mortar
65506073Port Orange Branch3880 S Nova Rd, Port Orange, FL 32127July 11, 2006Full Service Brick and Mortar
67359275Central Florida State Bank Branch11800 Se U.S. Highway 441, Belleview, FL 34420May 24, 2002Full Service Brick and Mortar
68433006Ocala Branch1025 East Silver Springs Boulevard, Ocala, FL 34470November 08, 2004Full Service Brick and Mortar
69446327Jasmine Walk Branch6056 Sw 73rd Street Road, Ocala, FL 34476January 04, 2006Full Service Brick and Mortar
70455051Spruce Creek Branch11220 Se 179th Place, Summerfield, FL 34491September 06, 2006Full Service Brick and Mortar
7110725First Guaranty Bank And Trust Compan1234 King Street, Jacksonville, FL 32203May 29, 1947Full Service Brick and Mortar
7213837Riverside Avenue Office760 Riverside Avenue, Jacksonville, FL 32204Febuary 25, 1970Full Service Brick and Mortar
73238388Ortega Financial Center2922 Corinthian Avenue, Jacksonville, FL 32210October 21, 1997Full Service Brick and Mortar
74238390Mandarin Branch10970 San Jose Boulevard, Jacksonville, FL 32223August 30, 1999Full Service Brick and Mortar
75363087Argyle Branch6072 Youngerman Circle, Jacksonville, FL 32244December 10, 2001Full Service Brick and Mortar
76366360Point Meadows Branch10903 Baymeadows Road, Jacksonville, FL 32256December 23, 2002Full Service Brick and Mortar
77462578Kendall Financial Center Branch9580 Hutchinson Park Drive, Jacksonville, FL 32225April 09, 2007Full Service Brick and Mortar
78464996Bartram Financial Center Branch13860 Old St. Augustine Road, Jacksonville, FL 32258June 25, 2007Full Service Brick and Mortar
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