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Seacoast Banking Corp of Florida serves businesses and individuals through its wholly owned Seacoast National Bank. The bank takes local customer deposits and uses that funding to make loans and hold investments. Borrowers pay interest, and investments generate interest income; after funding costs, this provides most of the company’s revenue. Fees from deposit services and wealth management provide a smaller revenue stream. Customers use branches, mobile banking and online banking.
The business depends on retaining deposits at manageable costs and on borrowers repaying their loans. Real estate secures a substantial portion of lending, with commercial real estate a major concentration, making Florida property conditions especially important. Changes in interest rates also affect the gap between what the bank earns and what it pays for funding.
The parent company relies primarily on dividends from Seacoast Bank for cash apart from securities offerings. Banking laws and the need to maintain adequate capital limit how much the bank can transfer to the parent.
The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.
Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.
SouthState Bank Corporation competes with Seacoast for Florida business and consumer loans and customer deposits, earning interest and fees from borrowers and using deposits to fund lending. Watch SouthState’s deposit interest costs and loan rates for signs of pricing pressure in those shared markets.
Ameris Bancorp’s Ameris Bank competes with Seacoast for Florida business borrowers and deposits. Its business lending and borrowers’ repayment trends are worth watching for what they say about the customers both banks seek.
United Community Banks, Inc. competes with Seacoast for Florida businesses and individuals seeking loans, deposit accounts and wealth services. Its loan pricing reflects competition and deposit costs, making rates offered to these customers a useful gauge of the pressure Seacoast faces.
Capital City Bank Group Inc competes with Seacoast in Florida for business loans, consumer banking, mortgages and wealth management. Its banking revenue is the most relevant line to watch: banking services supplied 92.8% of its total revenue in 2025, versus 7.2% from wealth management.
USCB Financial Holdings, Inc., through U.S. Century Bank, competes with Seacoast for Florida business borrowers and deposits from business owners and individuals. Watch its deposit growth from owners, operators and employees of borrowing businesses: those lending relationships are central to its South Florida deposit strategy.
Hancock Whitney Corporation competes with Seacoast for Florida commercial, small-business and individual customers who borrow and keep deposits with their banks.
BayFirst Financial Corp. competes with Seacoast for Florida loans and deposits, with its bank concentrated in Tampa Bay and Sarasota. Its loan and deposit trends offer a more local comparison for Seacoast than a statewide one.
Trustco Bank Corp NY competes with Seacoast for central Florida personal and business banking customers and their deposits. Watch its deposit trends with that geography in mind: central Florida and New York’s Capital District are both principal markets for Trustco.
Enterprise Financial Services Corporation overlaps with Seacoast in Florida business lending, deposits and wealth management, but operates across more states. Watch deposits from businesses, professionals and consumers, which primarily fund its loan growth, while remembering that its results cover much more than Florida.
Colony Bankcorp Inc. competes with Seacoast in Florida commercial and consumer banking, including Jacksonville and Tallahassee. Watch lending and deposits in those markets, where Colony added locations through its December 1, 2025 acquisition of TC Bancshares; deposits are its primary source of loan funding.
Capital City Bank Group Inc earningsCCBG
Capital City Bank’s banking business centers on loans and deposits, so its report offers a direct read on demand in the Florida market where Seacoast does much of its business.
Check whether Capital City Bank’s loan growth is keeping pace with its deposits. Steady lending with deposits available to fund it suggests Florida customers are still borrowing and banks can attract funding; slower loans or lagging deposits point to a tougher market for Seacoast to win borrowers and funding. Capital City Bank’s business is not identical to Seacoast’s, but its results offer a read on the Florida market they share.
United Community Banks, Inc. earningsUCB
United Community Banks’ loan rates and deposit costs will show whether Florida bank competition is squeezing the returns Seacoast earns on lending.
Read United Community Banks’ loan pricing alongside its deposit costs. Loan rates holding while deposit costs stay contained would suggest the bank can compete for customers without giving up as much lending return, a less pressuring signal for Seacoast. If loan rates fall while deposit costs remain high, the gap is squeezed and competition in Seacoast’s shared markets may be intensifying. The banks’ exact mixes differ, so this is a read on market pricing pressure, not a claim about Seacoast’s results.
Ameris Bancorp earningsABCB
Ameris Bancorp’s business lending and borrower repayment trends will show whether Florida companies that Seacoast also serves are coming under strain.
Watch Ameris’s business lending alongside any signs of rising delinquencies or credit losses. Steady loan demand with repayment holding up suggests that Florida businesses both banks seek can still borrow and pay; rising delinquencies or losses warn that those borrowers may be under cash-flow strain, a reason to scrutinize Seacoast’s business loans too. Ameris does not prove Seacoast’s loan quality; its report indicates the direction of risk among shared customer types.
USCB Financial Holdings, Inc. earningsUSCB
USCB Financial Holdings’ ability to attract deposits from business owners, operators and employees will show whether Florida customers Seacoast also seeks keep their money with their lender.
Read USCB’s deposit growth alongside its lending relationships. More deposits from business owners, operators and employees, alongside lending, would show that these relationships bring in both borrowers and funding; weak deposits despite those lending ties would suggest customers may keep their money elsewhere, adding to Seacoast’s competition for deposits. USCB is focused on South Florida, so the signal applies to that customer group, not the entire state.
Seacoast Banking Corp of Florida earningsThis company
Seacoast earns much of its income from loans funded by deposits, and this report will show whether deposit costs or borrower problems are eroding that income.
Read loan balances, net interest margin and credit quality together. Net interest margin measures the interest income left after funding costs, relative to interest-earning assets. Loan growth with a steady margin says lending is still producing income. A narrowing margin points to higher funding costs or pressure on loan returns; rising delinquencies, nonperforming loans or credit-loss provisions point to weaker repayment that could eat into that income. The conclusion is whether Seacoast’s loan growth is translating into income after funding costs and credit losses.
Fed Interest Rate Decision
Seacoast earns much of its income from loans and securities funded by deposits, so Fed rate changes can shift what it earns on those assets versus what it pays depositors and change its net interest margin—the spread between interest earned and paid.
Expected4.0%Last release4.0%
If it comes in above expectations
If the Fed rate is higher than expected, Seacoast may earn more on loans and securities as rates rise, but if deposit costs rise just as much or faster, the gain in net interest margin may be limited; weaker borrowing demand or repayment could also weigh on loan income.
If it comes in below expectations
If the Fed rate is lower than expected, Seacoast may pay less for deposits, but yields on loans and securities may also fall; the effect on net interest margin depends on which adjusts faster, while cheaper borrowing may support loan demand and repayment.
