Centerstate bank corporation (CSFL)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Cash and due from banks

135

185

143

226

165

107

112

82

107

68

100

87

65

66

37

60

65

50

42

50

59

52

48

25

29

21

21

21

20

19

20

23

31

17

19

19

23

Deposits in other financial institutions (restricted cash)

550

140

454

173

91

28

5

3

1

16

18

21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal funds sold and FRB deposits

461

163

238

437

339

231

488

307

294

195

182

211

214

109

161

223

296

101

185

104

197

106

162

490

190

153

85

82

155

117

82

93

103

133

163

230

154

Cash and cash equivalents

1,146

490

837

837

595

367

606

392

402

280

302

319

279

175

198

284

362

152

228

155

256

158

210

516

220

174

106

103

176

136

103

116

134

151

182

249

177

Trading securities, at fair value

8

4

4

0

-

1

-

1

0

6

2

1

-

12

2

-

2

2

1

1

1

3

0

0

-

-

0

-

-

5

0

1

0

-

-

1

2

Available for sale debt securities, at fair value

2,138

1,886

1,779

1,792

1,701

1,727

1,536

1,528

1,530

1,060

866

868

819

740

761

744

707

604

490

532

520

517

535

542

617

457

456

492

460

425

458

474

545

591

557

455

500

Held to maturity debt securities, net of allowance for credit losses of $10 at March 31, 2020 (fair value of $205,458 and $208,852 at March 31, 2020 and December 31, 2019, respectively)

195

202

207

210

214

216

219

223

227

232

237

238

243

250

263

267

256

272

248

250

228

237

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale (see Note 6)

188

142

125

95

49

40

39

36

28

19

12

8

2

2

2

4

2

1

0

1

0

1

0

1

1

1

1

1

2

2

1

1

0

3

0

0

0

Loans, excluding Purchased Credit Deteriorated ("PCD") loans

11,876

11,848

11,773

11,555

8,199

8,181

8,055

6,865

6,684

4,609

4,517

4,467

3,343

3,243

3,097

2,978

2,911

2,383

2,331

2,283

2,201

2,152

2,126

2,042

1,564

1,242

1,215

1,178

1,137

1,139

1,134

1,128

1,109

1,119

991

1,014

930

PCD loans

150

135

142

157

149

158

167

173

193

164

163

179

176

185

197

216

236

210

231

247

263

276

309

353

250

231

242

256

277

296

309

327

347

164

171

179

198

Allowance for credit losses

158

40

41

40

40

39

38

37

34

32

31

30

27

27

25

24

23

22

22

22

20

19

19

19

20

20

21

23

25

26

26

25

26

27

26

27

26

Net Loans

11,868

11,943

11,874

11,672

8,309

8,300

8,184

7,002

6,842

4,740

4,649

4,616

3,492

3,402

3,268

3,170

3,125

2,571

2,540

2,508

2,443

2,409

2,416

2,376

1,795

1,453

1,437

1,411

1,389

1,409

1,417

1,430

1,430

1,255

1,136

1,166

1,102

Bank premises and equipment, net

296

296

295

289

227

227

224

191

189

141

141

140

115

114

114

116

116

101

102

101

100

98

98

98

95

96

97

96

96

97

97

100

97

94

88

88

84

Right-of-use operating lease assets

33

32

32

35

21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest receivable

43

40

43

43

35

33

32

26

25

18

16

15

12

12

11

10

11

10

9

9

9

8

8

8

7

6

6

6

6

6

6

6

7

6

6

5

6

FHLB, FRB and other stock, at cost

100

100

104

75

73

79

70

66

42

34

28

19

17

17

17

17

17

14

14

14

14

14

17

17

8

8

8

8

8

9

8

9

12

10

8

9

10

Goodwill

1,204

1,204

1,204

1,204

802

802

802

605

609

257

257

257

106

106

105

105

105

76

76

76

76

76

76

76

76

44

44

44

44

44

46

46

46

38

38

38

38

Core deposit intangible, net

87

91

95

99

63

66

69

51

53

24

25

26

14

15

16

17

17

12

12

13

13

14

15

15

8

4

5

5

5

5

6

6

6

5

4

4

3

Other intangible assets, net

4

4

4

4

2

2

2

0

0

0

1

1

0

0

0

0

0

0

0

0

0

0

1

1

1

1

1

1

1

1

1

1

1

-

-

-

-

Bank owned life insurance

331

330

328

326

269

267

267

211

210

146

145

115

99

98

97

97

86

85

85

84

84

83

82

57

54

49

48

48

48

47

47

47

46

36

28

27

27

Other repossessed real estate owned covered by FDIC loss share agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

12

13

19

25

30

13

19

21

28

29

26

25

30

29

9

9

9

11

Other repossessed real estate owned

9

5

6

5

5

2

4

5

6

3

5

6

7

7

9

12

15

11

2

4

7

8

10

12

9

6

4

5

6

6

5

6

6

8

12

11

12

FDIC indemnification asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

28

36

41

49

54

61

64

73

81

88

97

119

130

141

142

50

53

58

59

Deferred income tax asset, net

37

28

37

44

38

51

60

60

63

37

56

58

56

63

58

62

69

46

47

49

48

49

56

53

7

5

3

1

-

-1

-

0

3

3

10

10

8

Bank property held for sale

21

23

29

31

19

25

27

29

33

11

11

13

5

8

9

8

8

1

1

1

2

2

5

13

6

1

-

-

-

-

-

-

-

-

-

-

-

Interest rate swap derivatives, at fair value

831

273

367

229

130

92

87

73

55

42

42

39

35

31

63

64

-

18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expense and other assets

48

40

40

36

27

31

36

27

23

64

18

19

20

18

13

12

63

12

32

19

24

21

16

19

17

11

10

10

14

16

19

18

19

18

16

19

16

TOTAL ASSETS

18,596

17,142

17,420

17,036

12,587

12,337

12,274

10,536

10,347

7,123

6,822

6,767

5,328

5,078

5,014

4,995

4,969

4,022

3,933

3,873

3,888

3,776

3,639

3,901

3,005

2,416

2,336

2,355

2,389

2,363

2,377

2,440

2,533

2,284

2,153

2,156

2,062

LIABILITIES AND EQUITY
Deposits:
Interest bearing

-

-

-

-

-

-

-

-

-

-

-

-

-

2,725

-

-

-

2,082

-

-

-

2,043

-

-

-

1,411

-

-

-

1,477

-

-

-

1,496

-

-

-

Demand - non-interest bearing

4,164

3,929

4,081

3,990

3,152

2,923

3,094

2,892

2,969

1,999

1,915

1,926

1,585

1,426

1,406

1,486

1,489

1,133

1,145

1,127

1,112

1,048

1,043

1,023

838

644

562

555

565

519

504

500

500

423

402

395

323

Demand - interest bearing

2,650

2,613

2,430

2,493

1,813

1,811

1,702

1,439

1,381

1,058

996

990

893

-

814

763

756

-

621

621

623

-

575

589

558

-

452

456

459

-

410

408

400

-

310

310

1,362

Savings and money market accounts

4,413

4,336

4,428

4,294

2,860

2,920

2,815

2,441

2,461

1,668

1,667

1,698

1,294

-

1,256

1,275

1,214

-

983

947

954

-

960

982

717

-

547

554

555

-

554

569

602

-

494

448

-

Time deposits

2,893

2,256

2,423

2,433

1,921

1,821

1,862

1,447

1,298

832

845

861

522

-

579

606

632

-

434

440

459

-

488

526

444

-

400

409

432

-

528

577

629

-

583

611

-

Deposits held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

185

-

-

-

-

-

-

-

-

-

-

-

-

-

Total deposits

14,121

13,136

13,363

13,212

9,747

9,477

9,474

8,221

8,111

5,560

5,425

5,475

4,297

4,152

4,055

4,132

4,092

3,215

3,185

3,136

3,149

3,092

3,066

3,306

2,558

2,056

1,961

1,976

2,013

1,997

1,997

2,056

2,132

1,919

1,791

1,765

1,685

Securities sold under agreement to repurchase

81

93

76

78

59

57

51

51

49

52

46

47

37

28

26

30

31

27

28

40

31

27

30

33

26

20

22

21

20

18

21

23

21

14

14

18

13

Federal funds purchased

255

379

259

276

303

294

272

234

285

331

335

256

268

261

258

174

225

200

161

171

187

151

42

43

45

29

45

53

45

38

46

45

74

54

61

87

68

Other borrowed funds

211

161

314

199

211

361

371

331

281

175

-

-

-

-

-

-

0

25

-

-

-

0

-

-

-

-

-

-

-

-

-

10

-

-

-

-

-

Corporate debentures

71

71

32

32

32

32

41

32

32

26

26

26

26

25

25

25

25

24

24

24

23

23

23

23

23

16

16

16

16

16

16

16

16

16

12

12

12

Note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

-

-

-

-

Federal Home Loan Bank advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3

-3

15

Accrued interest payable

4

3

4

4

3

2

2

2

2

1

1

1

0

0

0

0

1

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

1

Interest rate swap derivatives, at fair value

842

275

371

231

130

92

88

73

55

43

43

40

35

32

65

66

-

19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

35

34

34

35

26

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reserve for unfunded commitments

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax liability, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

1

1

-

-

-

-

-

-

Settlement payments due FDIC

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-

2

2

2

6

Payables and accrued expenses

95

90

105

74

47

47

60

49

11

29

35

30

28

23

28

26

73

20

53

32

33

29

33

54

18

18

16

14

14

15

18

14

13

12

17

15

7

Total liabilities

15,726

14,245

14,562

14,146

10,560

10,366

10,361

8,996

8,830

6,219

5,913

5,877

4,694

4,526

4,461

4,457

4,450

3,532

3,453

3,404

3,425

3,324

3,196

3,462

2,672

2,142

2,063

2,083

2,113

2,089

2,103

2,171

2,269

2,021

1,903

1,906

1,810

Equity:
Preferred stock, $.01 par value, $1,000 liquidation preference; 5,000,000 shares authorized, no shares issued and outstanding at December 31, 2013 and 2012

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

0

0

0

Common stock, $.01 par value: 200,000,000 shares authorized; 124,131,401 and 125,173,597 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

1

1

1

1

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

2,376

2,407

2,428

2,496

1,701

1,699

1,697

1,345

1,341

737

735

734

495

430

428

427

426

393

390

389

389

388

388

388

287

229

229

229

229

228

228

228

228

228

228

227

227

Retained earnings

435

465

408

367

326

293

252

224

200

173

173

155

143

130

115

102

88

95

85

76

67

59

52

49

48

48

46

43

41

36

35

32

29

28

14

16

21

Accumulated other comprehensive income

56

22

20

13

-0

-22

-37

-30

-25

-7

-0

0

-5

-8

7

7

4

1

3

1

5

4

0

1

-3

-4

-3

-1

5

7

9

7

5

5

7

5

2

Total equity

2,870

2,896

2,857

2,878

2,027

1,971

1,913

1,540

1,517

904

909

890

634

552

552

537

519

490

479

468

463

452

442

439

333

273

272

271

276

273

273

269

263

262

250

250

252

Noncontrolling interest

-

-

-

12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total equity

-

-

-

2,890

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL LIABILITIES AND EQUITY

18,596

17,142

17,420

17,036

12,587

12,337

12,274

10,536

10,347

7,123

6,822

6,767

5,328

5,078

5,014

4,995

4,969

4,022

3,933

3,873

3,888

3,776

3,639

3,901

3,005

2,416

2,336

2,355

2,389

2,363

2,377

2,440

2,533

2,284

2,153

2,156

2,062