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financial system; Legislative, regulatory or supervisory actions related to so called de banking, including any new prohibitions, requirements or enforcement priorities that could affect customer relationships, compliance obligations, or operational practices; A deterioration of the credit rating for U.S.
Its principal subsidiary is Seacoast National Bank, a wholly-owned national banking association ( Seacoast Bank ) chartered in 1926.
As of December 31, 2025, Seacoast had total consolidated assets of $20.8 billion, total deposits of $16.3 billion, total consolidated liabilities, including deposits, of $17.8 billion, consolidated convertible preferred stock of $0.3 billion, and consolidated shareholders equity of $2.7 billion.
Nature Coast Insurance, Inc., a wholly-owned subsidiary of Seacoast, facilitates access for the Company to provide customers with a range of insurance products.
Market and Competition Seacoast has continued expanding the franchise and strengthening its competitive position throughout Florida and beyond with acquisitions and new market launches, including its first location outside Florida, in Woodstock, Georgia.
In October of 2025, the Company completed its acquisition of VBI, expanding the Company s presence in North Central Florida and into The Villages community.
In July 2025, the Company completed its acquisition of Heartland, adding four branches in Central Florida.
Human Capital As of December 31, 2025, the Company and its subsidiaries employed 1,962 full time-equivalent employees.
For example, the Seacoast Manager Excellence Program, which was recognized by American Banker, supports associates as they progress from individual contributor to manager, focusing on creating purpose, driving results, developing talent, and leading change.
In 2025, 95% of associates participated in the annual engagement survey, with an overall associate engagement score of 85%, which is 16 percentage points higher than similarly-sized companies, 12 percentage points higher than the Banking industry and 10 percentage points higher than the Finance industry benchmarks.
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FRB Federal Reserve Board ARM Adjustable-rate mortgage FTE Fully taxable equivalent ASC Accounting Standards Codification GAAP Accounting principles generally accepted in the United States of America ASU Accounting Standards Update GLBA Gramm-Leach-Bliley Act ATM Automated teller machine HELOC Home equity line of credit BBFC Business Bank of Florida Corp.
Dodd-Frank Act Dodd-Frank Wall Street Reform and Consumer Protection Act REIT Real estate investment trust DOJ Department of Justice ROA Return on assets Drummond Drummond Banking Company ROTA Return on tangible assets DTA Deferred tax asset ROTCE Return on tangible common equity ECOA Equal Credit Opportunity Act ROUA Right-of-use asset EPS Earnings per share RSA Restricted stock award ERM Enterprise Risk Management RSU Restricted stock unit ERMC Enterprise Risk Management Committee Sabal Palm Sabal Palm Bancorp, Inc.
Its principal subsidiary is Seacoast National Bank, a wholly-owned national banking association ( Seacoast Bank ), which commenced its operations in 1933.
As of December 31, 2024, Seacoast had total consolidated assets of $15.2 billion, total deposits of $12.2 billion, total consolidated liabilities, including deposits, of $13.0 billion and consolidated shareholders equity of $2.2 billion.
and Nature Coast Insurance, Inc., each a wholly-owned subsidiary of Seacoast, facilitate access for the Company to provide customers with a range of insurance products.
Available Information The Company's principal offices are located at 815 Colorado Avenue, Stuart, Florida 34994, and the telephone number at that address is (772) 287-4000.
6 Human Capital As of December 31, 2024, the Company and its subsidiaries employed 1,504 full time-equivalent employees.
The Seacoast Manager Excellence Program supports associates as they progress from individual contributor to manager, focusing on creating purpose, driving results, developing talent, and leading change.
In 2024, 95% of associates participated in the annual engagement survey, with an overall associate engagement score of 84%, which is 13 percentage points higher than similarly-sized companies, nine percentage points higher than the Banking industry and eight percentage points higher than the Finance industry benchmarks.
Associate Health and Well-Being We strive to offer competitive compensation and employee benefits including, among others, paid vacation time, medical, dental and vision insurance benefits, a 401(k) plan with company match, and an employee stock purchase plan.