secwatch.observer — SEC 8-K summary
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Issuer:     SEACOAST BANKING CORP OF FLORIDA (SBCF)
CIK:        0000730708
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001628280-26-004149
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Seacoast Q4 net income $34.3M; completes VBI acquisition; securities repositioning loss $39.5M
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- Net income of $34.3M ($0.31 diluted); adjusted net income $47.7M ($0.44 diluted) includes $23.4M day-one credit provisions.
- Net interest income $174.6M, up 31% QoQ; net interest margin excluding accretion expanded 12 bps to 3.44%.
- Organic loan growth 15% annualized; VBI acquisition added $4.4B assets, $1.2B loans, $3.5B deposits, 19 branches.
- Repositioned securities portfolio: sold low-yield securities (1.9% avg yield) for $39.5M pre-tax loss, reinvested at 4.8% yield.
- Completed VBI acquisition Oct 1, 2025; full system conversion expected Q3 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/730708/000162828026004149/0001628280-26-004149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/730708/000162828026004149/sbcf-20260123.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-004149

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer