Item 2.01. Completion of Acquisition of Assets.

On January 30, 2009 CenterState Banks of Florida, ("CSFL"), through its lead bank headquartered in Winter Haven, Florida, purchased the deposits of Ocala National Bank ("ONC"), from the Federal Deposit Insurance Corporation ("FDIC") for approximately $3 million, a premium of approximately 1.7%. Total deposits purchased approximated $180 million. CSFL did not purchase any brokered deposits. ONC, which was closed by the FDIC on Friday, January 30, 2009, operated from four bank branch locations of which two were leased and two were owned. Pursuant to the transaction, CSFL has the option to purchase the two owned locations, plus all furniture and equipment at fair market value, to be determined by appraisal. CSFL also has the option to assume the leases on the leased properties. ONC branches will open as branches of CSFL on Monday morning, February 2, 2009. CSFL purchased certain assets of approximately $20 million which includes cash, investment securities, and other miscellaneous assets. CSFL has an exclusive thirty day option to purchase certain loans from the FDIC.

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