CenterState Bank, National Association

1101 First Street South
Winter Haven, FL 33880

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 33555
Date Established 1992
Assets $12.58 billion
Loans $8.36 billion
Deposits $9.75 billion
Capital $2.06 billion

CenterState Bank, National Association is an FDIC insured institution located in Winter Haven, FL. It was founded in 1992 and has approximately $12.58 billion in assets. Customers can open an account at one of its 155 branches.

For a more detailed analysis of CenterState Bank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 16, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $2,000 $9,999 Learn MoreShow Less
Money Market
0.05% $10,000 $24,999 Learn MoreShow Less
Money Market
0.05% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.25% $500 - Learn MoreShow Less
6 Mo CD
0.50% $500 - Learn MoreShow Less
Special: 9 Mo CD
2.02% $500 - Learn MoreShow Less
12 Mo CD
1.00% $500 - Learn MoreShow Less
18 Mo CD
1.11% $500 - Learn MoreShow Less
Special: 24 Mo CD
2.02% $500 - Learn MoreShow Less
24 Mo CD
1.26% $500 - Learn MoreShow Less
36 Mo CD
2.03% $500 - Learn MoreShow Less
48 Mo CD
2.12% $500 - Learn MoreShow Less
60 Mo CD
2.27% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.00% $500 - Learn MoreShow Less
Special: 9 Mo FIRA
2.02% $500 - Learn MoreShow Less
Special: 24 Mo FIRA
2.02% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
1.11% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $50 - Learn MoreShow Less

Loan Rates - September 16, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for CenterState Bank, National Association

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.751% 3.750% 0.00 $25 $1,158 Learn More
First Internet Bank
NMLS ID: 424182
3.780% 3.750% 0.38 $912 $1,158 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info

Note to CenterState Bank, National Association
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Branches

CenterState Bank, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


CenterState Bank, National Association Locations


Financial Details

CenterState Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of CenterState Bank, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
CenterState Bank, National Association U.S. Bank Average
2.34% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2019, CenterState Bank, National Association had $43,032,000 in non-current loans and $5,981,000 in owned real estate. To cover these potential losses it had $2,058,903,000 in equity and $40,049,000 in loans loss reserves. That gives it a Texas Ratio of 2.34%.

Return on Equity
CenterState Bank, National Association U.S. Bank Average
9% 9.47%

CenterState Bank, National Association has a Return on Equity of 9% versus the BestCashCow average of 9.47%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
CenterState Bank, National Association U.S. Bank Average
16.36% 12.49%

CenterState Bank, National Association has a Capitalization of 16.36% versus the BestCashCow average of 12.49. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

CenterState Bank, National Association Balance Sheet Analysis

As of March 31, 2019, CenterState Bank, National Association had assets of $12,582,370,000, loans of $8,358,747,000, and deposits of $9,751,711,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2019
ASSETS
Cash & Balances due from depository institutions $0.59 billion
Interest-bearing balances $0.44 billion
Total securities $1.92 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $8.36 billion
Loan loss allowance $0.04 billion
Trading account assets $0.13 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.01 billion
Goodwill and other intangibles $0.87 billion
All other assets $0.45 billion
     Total Assets $10.52 billion
LIABILITIES
Total deposits $9.75 billion
      Interest-bearing deposits $6.59 billion
      Deposits held in domestic offices $9.75 billion
      % insured (estimated) 65.60%
Federal funds purchased and repurchase agreements $0.36 billion
Trading liabilities $0.13 billion
Other borrowed funds $0.23 billion
Subordinated debt $0.00 billion
All other liabilities $0.05 billion
      Total Liabilities $10.52 billion
      Shareholders’ Equity $2.06 billion

Summary Income Statement

March 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.13 billion
Total Interest Expense $0.02 billion
Net interest income $0.12 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.03 billion
Total non interest expense $0.08 billion
Pre-tax Net Operating Income $0.06 billion

Bank Loan Profile?

The top three loan types in CenterState Bank, National Association’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Florida, CenterState Bank, National Association has a significantly higher percent of Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 22.34
Multifamily
Mortgages
2.04
Credit Card Loans 0.00
Consumer Auto Loans 0.32
Small Business Loans 16.29
Construction and Development Loans 7.92
Commercial Real Estate 50.33
Commercial and Industrial Loans 8.55
Farm Loans 0.07

Frequently Asked Questions About Centerstate Bank, National Association

Branches and Savings

Is Centerstate Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #33555.

Why does Centerstate Bank, National Association pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Centerstate Bank, National Association CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Centerstate Bank, National Association a commercial bank?

Yes

Where are Centerstate Bank, National Association locations?

See branch locations nearby.

Is Centerstate Bank, National Association open on Saturdays?

Is Centerstate Bank, National Association open on Sundays?

What time does Centerstate Bank, National Association open?

What time does Centerstate Bank, National Association close?

Are Centerstate Bank, National Association ATMs Open 24/7?

Do Centerstate Bank, National Association ATMs accept cash deposits?

Can Centerstate Bank, National Association customers use other ATMs?

Do Centerstate Bank, National Association branches have notaries?

Will Centerstate Bank, National Association notarize my document?

What address for Centerstate Bank, National Association should I put for incoming ACH transfers?

Will the Centerstate Bank, National Association branch print checks?

Do Centerstate Bank, National Association checks expire?

Does Centerstate Bank, National Association require US citizenship to open account?

Can Centerstate Bank, National Association close my account?

Does Centerstate Bank, National Association Report to credit bureaus?

Does Centerstate Bank, National Association Use Equifax?

What is Centerstate Bank, National Association's ACH Routing Number?

What is Centerstate Bank, National Association's SWIFT code?

Products

Does Centerstate Bank, National Association offer mortgages?

Compare mortgage rates here.

Does Centerstate Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Centerstate Bank, National Association offer personal loans?

Compare personal loan rates here.

Does Centerstate Bank, National Association offer student loans?

Will Centerstate Bank, National Association cash a check?

Will Centerstate Bank, National Association redeem a savings bond?

Does Centerstate Bank, National Association cash savings bonds?

Will Centerstate Bank, National Association cash money orders?

Can Centerstate Bank, National Association issue a money order?

Does Centerstate Bank, National Association do currency exchange?

Background on The Bank

Who owns Centerstate Bank, National Association?

How long has Centerstate Bank, National Association been around?

Can Centerstate Bank, National Association transfer to other banks?

Does Centerstate Bank, National Association have quick pay?

Does Centerstate Bank, National Association accept rolled coins?

Will Centerstate Bank, National Association accept loose change?

Where is Centerstate Bank, National Association headquarters?

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