Seacoast National Bank
Stuart, Florida, Martin County
$21.3B in total assets, the 103rd largest of 4,309 US banks and 6th of 84 headquartered in Florida.
- FDIC certificate
- 131
- Established
- 1933
- Owned by
- Seacoast Banking Corp Of Fl
- Primary regulator
- OCC
- Website
- www.seacoastbank.com
At a glance
Compared with 132 US banks with $10 billion to $100 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $21.3B | 47% | $22.5B | |
| Loans | $13.2B | 40% | $14.5B | |
| Deposits | $16.8B | 46% | $18.4B | |
| Return on assets | 0.89% | 18% | 1.30% | |
| Net interest margin | 3.83% | 64% | 3.61% | |
| Efficiency ratio | 54.2% | 46% | 55.2% | |
| Equity to assets | 14.24% | 86% | 11.57% | |
| Loans to deposits | 78% | 25% | 87% |
Growth
Total assets grew 18.0% a year over the last 5 years and 17.2% a year over 10 years, including 14 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Oct 2025 | Citizens First Bank The Villages, FL | $4.1B |
| Jul 2025 | Heartland National Bank Sebring, FL | $785M |
| Jan 2023 | Professional Bank Coral Gables, FL | $2.6B |
| Oct 2022 | Drummond Community Bank Chiefland, FL | $1.0B |
| Oct 2022 | Apollo Bank Miami, FL | $1.0B |
| Jan 2022 | Florida Business Bank Melbourne, FL | $189M |
| Jan 2022 | Sabal Palm Bank Sarasota, FL | $427M |
| Aug 2021 | Legacy Bank of Florida Boca Raton, FL | $582M |
| Aug 2020 | Freedom Bank Saint Petersburg, FL | $392M |
| Mar 2020 | First Bank of the Palm Beaches West Palm Beach, FL | $192M |
| Oct 2018 | FIRST GREEN BANK Orlando, FL | $799M |
| Nov 2017 | Palm Beach Community Bank West Palm Beach, FL | $322M |
| Oct 2017 | NorthStar Bank Tampa, FL | $205M |
| Apr 2017 | Gulfshore Bank Tampa, FL | $342M |
| Mar 2016 | Floridian Bank Daytona Beach, FL | $404M |
| Jul 2015 | Grand Bank & Trust of Florida West Palm Beach, FL | $219M |
| Oct 2014 | BankFIRST Winter Park, FL | $680M |
| Aug 2006 | First National Bank and Trust Company Orlando, FL, an affiliate under the same holding company | $457M |
| Jun 2006 | Big Lake National Bank Okeechobee, FL | $331M |
| May 1997 | Port St. Lucie National Bank Port St. Lucie, FL | $132M |
| Apr 1995 | American Bank of Martin County Stuart, FL | $67M |
| Sep 1991 | American Pioneer Federal Savings Bank Daytona Beach, FL | $907M |
| Oct 1987 | First National Bank and Trust Company/St. Lucie County Port St. Lucie, FL, an affiliate under the same holding company | $22M |
Where they operate
106 branches in 29 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Sumter County, FL | $2.6B | 51.1% | 1 of 10 |
| Martin County, FL | $2.6B | 33.9% | 1 of 17 |
| Palm Beach County, FL | $1.7B | 2.5% | 8 of 56 |
| Miami-dade County, FL | $1.5B | 0.7% | 26 of 58 |
| Lake County, FL | $857M | 10.0% | 4 of 17 |
| St. Lucie County, FL | $856M | 13.9% | 2 of 11 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 62 branches since 2016 (44 to 106, +140.9%). 27 opened, 70 acquired, 35 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 44 | |||
| 2016 | Acquired Floridian BankOpened 15 in Florida, closed 15 in Florida | 19 | 15 | +4 | 48 |
| 2017 | Acquired 3 banksOpened Boynton Beach and Saint Petersburg, closed 6 in Florida | 8 | 6 | +2 | 50 |
| 2018 | Acquired FIRST GREEN BANKClosed Orlando and Ormond Beach | 4 | 2 | +2 | 52 |
| 2019 | Closed 3 in Florida | 0 | 3 | −3 | 49 |
| 2020 | Acquired Freedom Bank and First Bank of the Palm BeachesClosed Saint Petersburg | 4 | 1 | +3 | 52 |
| 2021 | Acquired Legacy Bank of FloridaOpened Fort Lauderdale and Plantation, closed 4 in Florida | 7 | 4 | +3 | 55 |
| 2022 | Acquired 4 banksOpened Naples, closed Melbourne | 20 | 1 | +19 | 74 |
| 2023 | Acquired Professional BankOpened Jacksonville, closed Fort Lauderdale | 5 | 1 | +4 | 78 |
| 2024 | Closed Okeechobee | 0 | 1 | −1 | 77 |
| 2025 | Acquired Citizens First Bank and Heartland National BankOpened 5 in 2 states, closed Fort Lauderdale | 29 | 1 | +28 | 105 |
| 2026 through Q2 | Opened Jacksonville | 1 | 0 | +1 | 106 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 43% | 25% | |
| 1-4 family residential | 26% | 21% | |
| Business (C&I) | 15% | 17% | |
| Construction and land | 7% | 6% | |
| Multifamily | 4% | 8% | |
| Consumer | 1% | 10% | |
| Other | 4% | 13% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 59% | 62% | |
| Noninterest-bearing | 25% | 20% | |
| Time deposits | 16% | 18% |
Brokered deposits are 3.6% of deposits (peers 7.3%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.62% | 0.63% |
| Net charge-offs, annualized | 0.10% | 0.14% |
| Reserves to loans | 1.38% | 1.14% |
| Leverage ratio | 9.84% | 10.26% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Florida
Largest competitors in Sumter County, FL
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/seacoast