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Credit-risk tables, CECL reserve roll-forwards, and hurricane-related 8-Ks make Seacoast Banking Corporation of Florida’s disclosures anything but light reading. If you have ever tried to trace the bank’s deposit betas or find when executives last bought shares, you know the challenge. That complexity is exactly why investors search "Seacoast Banking Corporation of Florida SEC filings explained simply" or "How to read Seacoast’s 10-K."
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Seacoast Banking Corp. of Florida has filed a registration statement on Form S-4 with the SEC in connection with a proposed merger that would combine Villages Bancorporation, Inc. and Citizens First Bank with and into Seacoast and Seacoast National Bank, respectively. The filing includes a proxy statement for Villages Bancorporation and a prospectus for Seacoast; a definitive proxy statement/prospectus has been mailed to Villages shareholders. The company notes that the communication is not an offer or solicitation and urges investors to read the proxy/prospectus and related SEC filings, which are available free at www.sec.gov or by contacting Seacoast Investor Relations at (772) 288-6085. A press release is attached as Exhibit 99.1.
Insider Form 4 filing for Seacoast Banking Corp. of Florida (SBCF) reports a small open-market sale by director Thomas E. Rossin. On 08/21/2025 Mr. Rossin sold 72 shares of Seacoast common stock at an average price of $29.25 per share. Following the reported transaction the filing shows 0 shares held directly and 31,282.118 shares held indirectly in Seacoast's Non-employee Directors Deferred Compensation Plan. The filing notes some holdings are held jointly with spouse. The form is signed under power of attorney and contains standard Form 4 disclosures.
Seacoast Banking Corporation of Florida (SBCF) and Villages Bancorporation, Inc. (VBI) have agreed to a merger under a May 29, 2025 Agreement and Plan of Merger in which VBI will merge into Seacoast and Citizens First Bank will merge into Seacoast National Bank.
Each VBI share will convert into either $1,000 cash, 38.5000 shares of Seacoast common stock, or a 25% cash/75% stock combination, subject to proration so that 25% of VBI shares receive cash and 75% receive stock. A 1/1000 share of Seacoast Series A non‑voting convertible preferred stock will be issued where regulatory ownership limits would be exceeded. The exchange ratio can be adjusted downward if VBI tangible equity is below $459.9 million or Citizens First Bank loan loss allowance is below 1.76% at closing. The VBI special meeting is set for September 24, 2025, and regulatory approvals and shareholder approval are required for closing.
Seacoast Banking Corporation of Florida reported stronger results for the three and six months ended June 30, 2025, driven by higher net interest income and loan growth. Net income for the quarter was $42.7 million versus $30.2 million a year ago, and for the six months was $74.2 million versus $56.3 million. Diluted EPS rose to $0.50 for the quarter and $0.87 year-to-date. Net interest income was $126.9 million for the quarter, up from $104.4 million, after provision for credit losses of $4.4 million for the quarter and $13.6 million for six months. Total assets increased to $15.945 billion and loans to $10.609 billion while deposits were $12.498 billion. The allowance for credit losses was $142.2 million (about 1.34% of loans). The investment portfolio included $2.87 billion of available-for-sale securities with material unrealized losses on mortgage-backed securities; management attributes those unrealized losses to interest rate and spread movements, not credit deterioration. The Company completed an acquisition that adds loans and $684 million of deposits and announced a proposed acquisition that would add approximately $3.5 billion of deposits.
Seacoast Banking Corp. of Florida (SBCF) � Form 4 insider activity
Director Jacqueline L. Bradley reported a 31 Jul 2025 acquisition of 2,218 shares of SBCF common stock. The restricted shares, valued at a reference price of $28.19, were granted under the 2021 Incentive Plan and deferred into the Directors Deferred Compensation Plan (Instr. 1). After the grant, Bradley’s direct beneficial ownership rose to 28,261.5752 shares.
No open-market sales were disclosed; derivative positions were unchanged and total 8,503 options exercisable at $14.39-$35.78, expiring 2026-2032. A net purchase by a non-employee director typically signals board-level confidence, though the ~$62 k transaction is immaterial relative to SBCF’s market value.
Director H. Gilbert Culbreth Jr. filed a Form 4 showing receipt of 2,218 shares of Seacoast Banking Corp. of Florida (SBCF) common stock on 07/31/2025. The shares were issued as restricted stock under the 2021 Incentive Plan for 2025 board service and were immediately deferred into the company’s Non-Employee Directors Deferred Compensation Plan, so no open-market cash transaction occurred.
After this grant, the director’s direct holdings total 47,006 shares (including deferred units). He also reports indirect ownership of 34,200 shares held through a family LLC, an S-corporation, and joint family accounts. In addition, he holds an option to buy 2,142 shares at $22.65 that expires on 02/05/2027.
The filing represents routine board compensation rather than an elective purchase or sale and does not materially affect SBCF’s share count or insider ownership trends. Market impact is expected to be minimal.
SBCF Form 4 � 31 Jul 2025: Director Christopher E. Fogal reported acquiring 2,218 restricted shares of Seacoast Banking Corp. of Florida at $28.19 under the 2021 Incentive Plan, with the stock deferred into the Non-employee Directors Deferred Compensation Plan.
Following the transaction, Fogal now beneficially owns an estimated 31,967 common shares across several accounts: 6,875 held jointly with his spouse, 4,688 held in a spouse-controlled trust, and 11,361 directly held shares. No shares were sold.
Fogal also retains option-style rights on 8,138 shares exercisable at prices between $14.39 and $28.42 that expire from 2026-2029. The reported purchase (� $62 K in market value) modestly increases insider ownership and signals continued alignment with shareholder interests.
Seacoast Banking Corp. of Florida (SBCF) � Form 4 filed 1 Aug 2025
Director Maryann Goebel disclosed an equity grant and updated shareholdings effective 31 Jul 2025:
- Restricted-stock award: 2,218 common shares (Code “A�) issued under the 2021 Incentive Plan for 2025 board service; immediately deferred into the Directors Deferred Compensation Plan. Reference price: $28.19, implying �$62 k nominal value.
- New direct ownership: 30,958.7617 common shares.
- Derivative holdings unchanged: 2,142 options exercisable at $22.65 (expire Feb 2027) and 3,419 options at $14.39 (expire Feb 2026).
- A line lists 6,000 shares coded “D� and held in a revocable trust, but the filing supplies no transaction code/date, suggesting no new trade occurred.
The filing shows a modest increase in the director’s direct equity stake and no net selling from the deferred-comp plan. Given SBCF’s ~64 m shares outstanding, the grant is immaterial to valuation but indicates continued board-level alignment with shareholders.
Form 4 filing for Seacoast Banking Corp. of Florida (SBCF) discloses that Dale M. Hudson, a director of a Seacoast subsidiary, acquired 2,218 shares of SBCF common stock on 07/31/2025. The shares were issued as restricted stock under Seacoast’s 2021 Incentive Plan and immediately deferred into the company’s Directors Deferred Compensation Plan.
Following the grant, Hudson’s direct beneficial ownership in the deferred plan is reported as 31,282 shares. He also reports indirect holdings: 90.427 share equivalents in the Retirement Savings Plan, 73,376 shares held jointly with his spouse, 291,225 shares held through Monroe Partners Ltd. (family partnership), and 7,191 shares held solely by his spouse. No derivative securities were transacted.
The filing indicates continuing board-level alignment with shareholders through additional equity, but because the shares were awarded—rather than purchased on the open market—the signal of incremental insider confidence is modest.