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Eight acquisitions in two years have positioned CenterState as one of Florida's breakout banks. Meanwhile, John Corbett's shrewd maneuver into correspondent banking — as others were exiting the business — has generated new revenue streams.
November 28 -
CenterState Banks (CSFL) in Davenport, Fla., is planning to merge its two subsidiary banks into a single bank as part of its ongoing effort to trim overhead and improve efficiency following its recent string of acquisitions.
May 3 -
CenterState Banks (CSFL) in Davenport, Fla.., is looking to slim down after spending much of the last three years bulking up through acquisitions.
March 27 -
CenterState Bank in Winter Haven, Fla., bought a failed bank Friday. John Corbett, the head of CenterState, hired the target's new CEO months ago. He has used that philosophy several times to expand — and doesn't plan to stop there.
January 31
CenterState Banks (CSFL) in Winter Haven, Fla., has hired a chief strategy officer from a California lender.
Chris Nichols will direct the $2.4 billion-asset company's long-term strategy, focusing on risk management, marketing, technology and analytics, CenterState said Wednesday. He was president and chief executive of PCBB Capital Markets, the broker-dealer subsidiary of Pacific Coast Bankers' Bancshares in Walnut Creek, Calif.
The chief strategy officer position is new, a bank spokesman said.
"As CenterState continues to focus on risk management and helping its retail, business and correspondent bank customers grow profitability, [Nichols] will play a key role," John Corbett, CenterState's president and CEO, said in the news release.
Corbett was one of
