To help banks increase C&I loans, increase diversification and increase credit quality, CenterState Bank will underwrite loans to strong national borrowers and downstream a portion of the loan to the community bank. CenterState will identify the lending opportunity, analyze the credits and share the complete credit file with banks interested in supplementing their loan volumes.
The C&I loans are agented by large national banks which sell portions of their loans to CenterState, which in turn, downstreams the credits to its correspondent network. Loans are fully funded term credits, extended to industry leading obligors and with terms ranging from four to seven years (with an expected maturity of two to four years). The loans are tied to a floating rate index (some with floors).