---
schema_version: "secwatch.filing_event.v1"
accession: "0000730708-23-000101"
form_type: "8-K"
ticker: "SBCF"
cik: "0000730708"
company_name: "SEACOAST BANKING CORP OF FLORIDA"
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:40:27.156949+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Seacoast Q2 net income $31.2M; workforce reduced ~5% in late July

## Summary
- Net income $31.2M ($49.2M adjusted); ROTCE 12.08% (16.08% adjusted).
- Total deposits stable at $12.3B; loans $10.1B, down $16M QoQ.
- Workforce reduced ~5% in late July to improve efficiency.
- NIM 3.86%, down 45bps QoQ on higher deposit costs and lower accretion.
- Wealth AUM $1.6B, up 36% YoY; efficiency ratio 67.3% GAAP (56.4% adjusted).

## SEC filing metadata
- accession: 0000730708-23-000101
- form_type: 8-K
- ticker: SBCF
- cik: 0000730708
- company_name: SEACOAST BANKING CORP OF FLORIDA
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730708/000073070823000101/0000730708-23-000101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730708/000073070823000101/sbcf-20230905.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000730708-23-000101
- JSON: https://secwatch.observer/filing/0000730708-23-000101.json
- Plain text: https://secwatch.observer/filing/0000730708-23-000101.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.