Valrico State Bank

Financial ServicesFlorida, United States51-200 Employees

Valrico State Bank merged with CenterState Bank in 2012 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. We believe that business partnerships and the support of local communities is key to a community bank’s success. Our Holding Company, CenterState Banks, Inc. is headquartered in Davenport, Florida and was formed in June 2000. We currently operate 66 banking centers and 4 loan production offices. Upon the closing of the 1st National acquisition CenterState will maintain approximately $5 billion in assets, $3.9 billion in deposits, and $3.1 billion in loans, growing us to Florida’s second largest community bank. 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. As of the First Quarter in 2016, we have completed the acquisition of Community Bank of Florida and anticipate the completion in May 2016 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.

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