secwatch.observer — SEC 8-K summary
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Issuer:     SEACOAST BANKING CORP OF FLORIDA (SBCF)
CIK:        0000730708
Form:       8-K
Filed at:   2025-07-11T23:59:59+00:00
Accession:  0000730708-25-000152
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Seacoast completes $111.2M acquisition of Heartland Bancshares; enters Highlands County, FL
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- Effective July 11, 2025; Heartland shareholders received 50-50 cash/stock consideration of ~$111.2 million.
- Heartland had $665.9M in deposits and $156.6M in net loans as of March 31, 2025.
- Heartland held the leading deposit market share in Highlands County, Florida.
- Heartland National Bank merged into Seacoast National Bank; Seacoast is the surviving entity.
- Expands Seacoast's presence in Central Florida with a customer-focused franchise.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/730708/000073070825000152/0000730708-25-000152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/730708/000073070825000152/sbcf-20250711.htm
  HTML page:      https://secwatch.observer/filing/0000730708-25-000152

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