CenterState Bank Corporation (CSFL) financial statements (2021 and earlier)

Company profile

Business Address 1101 FIRST ST. S.
WINTER HAVEN, FL 33880
State of Incorp. FL
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments495842838596369606393
Cash and cash equivalents490837837596367606393
Short-term investments541 2  
Total current assets:495842838596369606393
Noncurrent Assets
Operating lease, right-of-use asset32   
Property, plant and equipment297296290227227225191
Intangible assets, net (including goodwill)1,3001,2091,209806872806606
Goodwill1,2041,2041,204803803803605
Intangible assets, net (excluding goodwill)965536931
Total noncurrent assets:1,6291,5051,4991,0331,1001,030797
Other undisclosed assets15,01815,07414,70010,95910,86910,6389,346
TOTAL ASSETS:17,14217,42017,03712,58812,33812,27410,537
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt254391278270419422383
Total current liabilities:254391278270419422383
Noncurrent Liabilities
Other undisclosed liabilities13,99114,17213,86810,2909,9479,9398,614
Total liabilities:14,24514,56314,14610,56010,36610,3618,996
Stockholders' equity
Stockholders' equity attributable to parent2,8972,8582,8782,0281,9711,9131,540
Common stock1111111
Additional paid in capital2,4072,4282,4961,7011,6991,6971,346
Accumulated other comprehensive income (loss)222014(1)(22)(38)(31)
Retained earnings466408367326294253224
Stockholders' equity attributable to noncontrolling interest  12    
Total stockholders' equity:2,8972,8582,8912,0281,9711,9131,540
TOTAL LIABILITIES AND EQUITY:17,14217,42017,03712,58812,33812,27410,537

Income statement (P&L) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues
(Net Investment Income)
184184185132132115111
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(3)(4)(3)(1)(2)(2)(3)
Gross profit:181180182131130113108
Operating expenses(24)(23)(23)(17)(18)(15)(16)
Operating income:1561571601141129892
Nonoperating income
(Bank Owned Life Insurance Income)
2222211
Interest and debt expense(26)(29)(27)(18)(16)(13)(10)
Income from continuing operations before equity method investments, income taxes:13313013597978683
Other undisclosed loss from continuing operations before income taxes(41)(57)(63)(39)(31)(37)(43)
Income from continuing operations before income taxes:92737258665041
Income tax expense(21)(17)(17)(13)(16)(12)(8)
Net income:71565545513832
Net loss attributable to noncontrolling interest (1)(1)    
Net income attributable to parent:71555545513832
Undistributed earnings (loss) allocated to participating securities, basic(0)(0)(0)(0)(0)(0)(0)
Net income available to common stockholders, diluted:71555545513832

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net income:71565545513832
Other undisclosed comprehensive income2615    
Comprehensive income:73627045513832
Comprehensive loss, net of tax, attributable to noncontrolling interest (1)(1)    
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   2215(7)(5)
Comprehensive income, net of tax, attributable to parent:73616966663127

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: