Attached files
| file | filename |
|---|---|
| 8-K - FORM 8 K - CenterState Bank Corp | d286696d8k.htm |
 FDIC-Assisted Acquisition
Central Florida State Bank
January 20, 2012
B A N K S
Exhibit 99.1 |
 This presentation contains forward-looking statements, as defined by Federal
Securities Laws, relating to present or future trends or factors affecting
the operations, markets and products of CenterState Banks of Florida, Inc.
(CSFL). These statements are provided to assist
in
the
understanding
of
future
financial
performance.
Any
such
statements
are
based
on current expectations and involve a number of risks and uncertainties. For a
discussion of factors that may cause such forward-looking statements to
differ materially from actual results, please refer to CSFL’s most
recent Form 10-Q and Form 10-K filed with the Securities Exchange
Commission. CSFL undertakes no obligation to release revisions to these
forward-looking statements or reflect events or circumstances after the
date of this presentation. Forward Looking Statement
2 |
 FDIC-Assisted Acquisition of
Central Florida State Bank
3
4 branches in Ocala, FL MSA
Assets purchased: $70 million
Deposits assumed: $64 million
80 / 20 loss sharing with the FDIC
Immediately accretive to EPS
Neutral to tangible book value at close
IRR upwards of 25%
Significant branch overlap will drive
efficiencies
—
All acquired branches are within 2 miles
of an existing CSFL branch
Transaction Highlights |