CenterState Banks profit swells in Q4 2014

By Margie Manning A much-improved credit environment and Florida real estate market helped boost income at CenterState Banks Inc. in the last three months of 2014.

CenterState (NASDAQ: CSFL), a Davenport-based bank that’s among the largest community banks in Tampa Bay, reported net income of $7.3 million, or 16 cents a share, for the fourth quarter of 2014, compared to $1.8 million or 6 cents a share, in the same quarter in 2013.

Nonperforming loans and nonperforming assets are both down by 18 percent from the third… Read More

Source:: TBBJ Real Estate