CenterState Bank Appoints Ignacio Solveyra To Head Up Credit Analytics For National C&I Program

WINTER HAVEN, Fla., Nov. 12, 2014 /PRNewswire/ -- CenterState Banks, Inc. (NASDAQ: CSFL) today announced that it has hired Ignacio Solveyra as Senior Credit Analyst to manage a team of credit analysts and support National Commercial and Industrial (C&I) loan purchases and sales at CenterState Bank ("CenterState"). Mr. Solveyra previously served as Senior Credit Analyst at PCBB Capital Markets and will now be responsible for helping to manage the origination and portfolio maintenance for the National-to-Local loan sales program for CenterState and its nationwide network of correspondent banks.

"National C&I offers diversification away from real estate, lower debt leverage than commercial real estate lending and has better performance than the average community bank loan exposure," said Ignacio. "CenterState, with its industry expertise, balance sheet and national correspondent banking platform, is perfectly positioned to assist community banks in utilizing C&I loans to manage risk and achieve their earnings goals."

Prior to PCBB Capital Markets, Mr. Solveyra held senior credit positions at BNP Paribas Fortis. This experience provided a strong credit background to complement current duties in loan selection, active credit management and underwriting. Prior to Fortis, Mr. Solveyra worked as an Executive Officer at Union Bank of California and was in corporate banking with ABN Amro Bank. Mr. Solveyra has a Bachelor of Economics degree from the University of Belgrano in Argentina.

"Ignacio has a long history in this sector and further expands the capabilities of the most experienced correspondent C&I platform in the market today," said Chris Nichols, CenterState Bank's Chief Strategy Officer. "Ignacio not only can understand a company's historic and current fundamentals, but has a specialty in credit-driven analytics so that we can get more predictive about future credit performance."

For more information, please contact Chris Nichols at 925.202.8944 ([email protected]).

About CenterState Banks

CenterState Banks, Inc., headquartered in Davenport, Florida, is a $3.6 billion total asset sized bank holding company with a nationally chartered bank: CenterState Bank of Florida. Presently, the Company operates through 58 branches in twenty counties throughout Central Florida, providing traditional deposit and lending products and services to its commercial and retail customers. The Company, through its Correspondent Division, also provides research; an automated SBA platform called SmartBiz; clearing/cash management; fixed income; loan sales services; hedging; foreign exchange; fed funds purchased products; safekeeping; proprietary bond accounting; asset/liability; strategic planning and consulting services to financial institutions located throughout the United States.

SOURCE CenterState Banks, Inc.

Related Links

http://csbcorrespondent.com