NOTE 1: Nature of Operations and basis of presentation Our consolidated financial statements include the accounts of CenterState Banks, Inc. (the  Parent Company,   Company  or  CSFL ), and our wholly owned subsidiary bank, CenterState Bank of Florida, N.A. ( CenterState ), and our non bank subsidiary, R4ALL, Inc. Our subsidiary bank operates through 68 full service banking locations in 21 counties throughout Florida, providing traditional deposit and lending products and services to its commercial and retail customers. Ten of our 68 branches are scheduled to be closed in September 2014. The deposits from 6 and the real estate from 5 have been sold to an unrelated commercial bank. The remaining 4 will be consolidated into existing CenterState branches. R4ALL, Inc. is a separate non bank subsidiary of CSFL. Its purpose is to purchase troubled loans from our subsidiary bank and manage their eventual disposition. In addition, we also operate a correspondent banking and capital markets division. The division is integrated with and part of our subsidiary bank located in Winter Haven, Florida, although the majority of our bond salesmen, traders and operational personnel are physically housed in leased facilities located in Birmingham, Alabama, Atlanta, Georgia and Winston Salem, North Carolina. The business lines of this division are primarily divided into three inter-related revenue generating activities. The first, and largest, revenue generator is commissions earned on fixed income security sales. The second category includes correspondent bank deposits (i.e. federal funds purchased) and correspondent bank checking account deposits. The third revenue generating category includes fees from safe-keeping activities, bond accounting services for correspondents, asset/liability consulting related activities, international wires, and other clearing and corporate checking account services. The customer base includes small to medium size financial institutions primarily located in the Southeastern United States. The accompa