Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  YOUNG STEPHEN DEAN
 2. Date of Event Requiring Statement (Month/Day/Year)
05/25/2010		 3. Issuer Name and Ticker or Trading Symbol
CenterState Banks, Inc. [CSFL]
(Last)
(First)
(Middle)
42745 U.S. HIGHWAY 27		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Treasurer
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

DAVENPORT, FL 33837		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 800
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Qualified Employee Incentive Stock Option (right to buy) 02/18/2006 02/18/2013 Common Stock 4,000 $ 9.55 D  
Employee Incentive Stock Option (right to buy)   (1) 02/05/2018 Common Stock 20,000 $ 15.16 D  
Employee Incentive Stock Option (right to buy)   (2) 02/02/2020 Common Stock 25,000 $ 10.92 D  
Stock Grant   (3) 04/28/2013 Common Stock 1,200 $ (3) D  
Stock Grant   (4) 02/05/2020 Common Stock 50,000 $ (4) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
YOUNG STEPHEN DEAN
42745 U.S. HIGHWAY 27
DAVENPORT, FL 33837		       Treasurer  

Signatures

James J. Antal, CFO, pursuant to power of attorney 05/25/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Stock option grant issued pursuant to Incentive Stock Option Plan. Exercisable at a rate of 10% per year for the first eight years and 20% at the end of the ninth year. Term is 10 years. Grant date was 2/5/08 and expiration date is 2/5/18.
(2) Stock option grant issued pursuant to Incentive Stock Option Plan. Exercisable at a rate of 10% per year for the first eight years and 20% at the end of the ninth year. Term is 10 years. Grant date was 2/2/10 and expiration date is 2/2/20
(3) Stock grant whereby Mr. Young will receive 400 shares of common stock on each of the following dates: 4/28/11, 4/28/12, and 4/28/13.
(4) Stock grant whereby Mr. Young will receive 5,000 shares on each of the following dates: 2/2/11, 2/2/12, 2/2/13, 2/2/14, 2/2/15, 2/2/16, 2/2/17, 2/2/18, 2/2/19, and 2/2/20.

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