# EDGAR Filing Document

**Accession Number:** 0000730708
**File Stem:** 0000730708-25-000210
**Filing Date:** 2025-10
**Character Count:** 149021
**Document Hash:** 635b410237eb36425820f77875641b1f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000730708-25-000210.hdr.sgml**: 20251027

**ACCESSION NUMBER**: 0000730708-25-000210

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 42

**CONFORMED PERIOD OF REPORT**: 20251027

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251027

**DATE AS OF CHANGE**: 20251027

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SEACOAST BANKING CORP OF FLORIDA
- **CENTRAL INDEX KEY:** 0000730708
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 592260678
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-13660
- **FILM NUMBER:** 251420091

**BUSINESS ADDRESS:**
- **STREET 1:** 815 COLORADO AVE
- **STREET 2:** P O BOX 9012
- **CITY:** STUART
- **STATE:** FL
- **ZIP:** 34994
- **BUSINESS PHONE:** 772 288 6063

**MAIL ADDRESS:**
- **STREET 1:** 815 COLORADO AVE
- **STREET 2:** P O BOX 9012
- **CITY:** STUART
- **STATE:** FL
- **ZIP:** 34995

?xml version='1.0' encoding='ASCII'? sbcf-20251027

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, DC 20549**

**FORM 8-K** 

**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(d) OF THE**

**SECURITIES EXCHANGE ACT OF 1934**

Date of report (Date of earliest event reported): October 27, 2025

**<u>SEACOAST BANKING CORPORATION OF FLORIDA</u>**

(Exact Name of Registrant as Specified in Charter)

---

| | | |
|:---|:---|:---|
| **Florida** | **000-13660** | **59-2260678** |
| (State or Other Jurisdiction<br>of Incorporation) | (Commission<br>File Number) | (IRS Employer<br>Identification No.) |

---

---

| | | | |
|:---|:---|:---|:---|
| **815 COLORADO AVENUE,** | **STUART** | **FL** | **34994** |
| (Address of Principal Executive Offices) | (Address of Principal Executive Offices) | (Address of Principal Executive Offices) | (Zip Code) |

---

Registrant's telephone number, including area code **<u>(772) 287-4000</u>**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **<u>Title of each class</u>** | **<u>Trading Symbol(s)</u>** | **<u>Name of each exchange on which registered</u>** |
| Common Stock, $0.10 par value | SBCF | Nasdaq Global Select Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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**SEACOAST BANKING CORPORATION OF FLORIDA**

**Item 2.02**&nbsp;&nbsp;&nbsp;&nbsp;**Results of Operations and Financial Condition**

On October 27, 2025, Seacoast Banking Corporation of Florida ("Seacoast or the "Company") announced its financial results for the quarter ended September 30, 2025. A copy of the press release announcing Seacoast's results for the quarter ended September 30, 2025, is attached hereto as Exhibit 99.1 and incorporated herein by reference.

**Item 7.01**&nbsp;&nbsp;&nbsp;&nbsp;**Regulation FD Disclosure**

On October 28, 2025, Seacoast will hold an investor conference call to discuss its financial results for the quarter ended September 30, 2025. Attached as Exhibit 99.2 are charts containing information used in the conference call and incorporated herein by reference, which are also available on the Company's website at www.seacoastbanking.com. All information included in the charts is presented as of September 30, 2025, and the Company does not assume any obligation to correct or update said information in the future.

The information in Items 2.02 and 7.01, as well as Exhibits 99.1 and 99.2 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933.

**Item 9.01**&nbsp;&nbsp;&nbsp;&nbsp;**Financial Statements and Exhibits**

(d) Exhibits

---

| | |
|:---|:---|
| <u>Exhibit No.</u> | <u>Description</u> |
| 99.1 | <u>[Press Release dated October 27, 2025, with respect to Seacoast's financial results for the quarter ended September 30, 2025](sbcf3q2025earningsrelease.htm)</u> |
| 99.2 | <u>[Data on website containing information used in the conference call to be held on October 28, 2025](sbcf3q2025earningspresen.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

Exhibits 99.1 and 99.2 referenced herein, contain "forward-looking statements" within the meaning, and protections, of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, statements about future financial and operating results, cost savings, enhanced revenues, economic and seasonal conditions in the Company's markets, and improvements to reported earnings that may be realized from cost controls, tax law changes, new initiatives and for integration of banks that the Company has acquired or expects to acquire, as well as statements with respect to Seacoast's objectives, strategic plans, expectations and intentions and other statements that are not historical facts. Actual results may differ from those set forth in the forward-looking statements.

Forward-looking statements include statements with respect to the Company's beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates and intentions about future performance and involve known and unknown risks, uncertainties and other factors, which may be beyond the Company's control, and which may cause the actual results, performance or achievements of Seacoast Banking Corporation of Florida or its wholly-owned banking subsidiary, Seacoast National Bank, to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. You should not expect the Company to update any forward-looking statements.

------

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SEACOAST BANKING CORPORATION OF FLORIDA

---

| | |
|:---|:---|
| Dated: October 27, 2025 | /s/ Tracey L. Dexter |
| | Tracey L. Dexter |
| | Chief Financial Officer |

---

## Exhibit 99.1

![sbcflogoa.gif](sbcflogoa.gif)

**SEACOAST REPORTS THIRD QUARTER 2025 RESULTS**

**Strong Organic Growth in Both Deposit and Loan Outstandings**

**Completed Acquisition of Heartland Bancshares, Inc.**

**Continued Robust Capital and Liquidity Position**

STUART, Fla., October 27, 2025 /BUSINESS WIRE/ -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ: SBCF) today reported net income in the third quarter of 2025 of $36.5 million, or $0.42 per diluted share, compared to $42.7 million, or $0.50 per diluted share, in the second quarter of 2025 and $30.7 million, or $0.36 per diluted share, in the third quarter of 2024. For the nine months ended September 30, 2025 and 2024, net income was $110.6 million, or $1.28 per diluted share, and $86.9 million, or $1.02 per diluted share, respectively.

Adjusted net income<sup>1</sup> for the third quarter of 2025 was $45.2 million, or $0.52 per diluted share, compared to $44.5 million, or $0.52 per diluted share, in the second quarter of 2025 and $30.5 million, or $0.36 per diluted share, in the third quarter of 2024. For the nine months ended September 30, 2025 and 2024, adjusted net income<sup>1</sup> was $121.7 million, or $1.41 per diluted share, and $91.9 million, or $1.08 per diluted share, respectively.

**Third Quarter 2025 Highlights**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net income, which included $10.8 million in merger-related charges, increased 19% from the prior year quarter to $36.5 million, or $0.42 per share.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted net income<sup>1</sup> increased 48% from the prior year quarter to $45.2 million, or $0.52 per share.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 7% annualized organic deposit growth.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 8% annualized organic loan growth.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Tangible book value per share of $17.61, representing a 9% increase year over year, well overcoming the dilutive effect of the Heartland acquisition.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continued industry-leading strength in capital and liquidity.

Charles M. Shaffer, Seacoast's Chairman and CEO, stated, "Our competitive transformation is being realized and is delivering exceptional results. In the third quarter, we sustained strong momentum in growing net interest income, driven by very strong performance in both loan and deposit growth."

Shaffer added, "Strategic investments in high quality bankers have fueled robust loan production and pipeline expansion, contributing to consistent gains across our diversified revenue streams—including treasury management, wealth management, and insurance agency income. We remain steadfast in our disciplined approach to credit, and our balance sheet ranks among the strongest in the industry, with a tangible common equity to tangible assets ratio rising to 9.76% and a Tier 1 capital ratio of 14.5% as of September 30, 2025."

Shaffer concluded, "We're pleased to have closed The Villages Bancorporation, Inc. acquisition on October 1, 2025, which, combined with the closing of our Heartland Bancshares, Inc. acquisition in July of 2025, will position us for even stronger profitability measures and earnings in the periods ahead."

Pre-tax pre-provision earnings<sup>1</sup> were $55.9 million in the third quarter of 2025 and included $10.8 million in merger-related charges. Pre-tax pre-provision earnings<sup>1</sup> in the third quarter of 2025 decreased $4.3 million, or 7%, compared to the second quarter of 2025 and increased $9.8 million, or 21%, compared to the third quarter of 2024. For the nine months ended September 30, 2025 and 2024, pre-tax pre-provision earnings<sup>1</sup> were $166.7 million and $126.3 million, respectively. Adjusted pre-tax pre-provision earnings<sup>1</sup> were $67.2 million in the third quarter of 2025, an increase of $4.6 million, or 7%, compared to the second quarter of 2025 and an increase of $20.8 million,

<sup>1</sup>*Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and for a reconciliation to GAAP.*

*&nbsp;&nbsp;&nbsp;&nbsp;*

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![sbcflogoa.gif](sbcflogoa.gif)

or 45%, compared to the third quarter of 2024. For the nine months ended September 30, 2025 and 2024, adjusted pre-tax pre-provision earnings<sup>1</sup> were $181.5 million and $133.4 million, respectively.

For the third quarter of 2025, return on average tangible assets was 1.04% and return on average tangible shareholders' equity was 10.70%, compared to 1.24% and 12.82%, respectively, in the prior quarter, and 0.99% and 10.31%, respectively, in the prior year quarter. For the nine months ended September 30, 2025, return on average tangible assets was 1.09% and return on average tangible shareholders' equity was 11.23%. For the nine months ended September 30, 2024, return on average tangible assets was 0.96% and return on average tangible shareholders' equity was 10.21%. Adjusted return on average tangible assets<sup>1</sup> in the third quarter of 2025 was 1.26% and adjusted return on average tangible shareholders' equity<sup>1</sup> was 12.98%, compared to 1.29% and 13.31%, respectively, in the prior quarter, and 0.98% and 10.27%, respectively, in the prior year quarter. For the nine months ended September 30, 2025, adjusted return on average tangible assets<sup>1</sup> was 1.19% and adjusted return on average tangible shareholders' equity<sup>1</sup> was 12.25%. For the nine months ended September 30, 2024, adjusted return on average tangible assets<sup>1</sup> was 1.01% and adjusted return on average tangible shareholders' equity<sup>1</sup> was 10.72%.

**<u>Acquisitions Update</u>**

On July 11, 2025, the Company completed its acquisition of Heartland Bancshares, Inc. ("Heartland"), adding approximately $153.3 million in loans and $705.2 million in deposits, along with four branches in Central Florida. Integration activities, including system conversion, were also completed in the third quarter of 2025.

On October 1, 2025, the Company completed its acquisition of Villages Bancorporation, Inc ("VBI"). This transformative transaction expands the Company's presence in North Central Florida and into The Villages® community, adding 19 branches and approximately $4 billion in assets. VBI's future growth potential and low loan-to-deposit ratio provide significant opportunity for expansive growth throughout the Seacoast footprint. Full integration and system conversion activities are expected to be completed in the third quarter of 2026.

**<u>Financial Results</u>** 

***Income Statement***

**• Net income** in the third quarter of 2025 was $36.5 million, or $0.42 per diluted share, compared to $42.7 million, or $0.50 per diluted share, in the prior quarter and $30.7 million, or $0.36 per diluted share, in the prior year quarter. Adjusted net income<sup>1</sup> for the third quarter of 2025 was $45.2 million, or $0.52 per diluted share, compared to $44.5 million, or $0.52 per diluted share, for the prior quarter, and $30.5 million, or $0.36 per diluted share, for the prior year quarter.

**• Net revenues** were $157.3 million in the third quarter of 2025, an increase of $5.9 million, or 4%, compared to the prior quarter, and an increase of $26.9 million, or 21%, compared to the prior year quarter. Adjusted net revenues<sup>1</sup> were $158.6 million in the third quarter of 2025, an increase of $6.8 million, or 4%, compared to the prior quarter, and an increase of $28.1 million, or 22%, compared to the prior year quarter.

**• Pre-tax pre-provision earnings**<sup>1</sup> were $55.9 million in the third quarter of 2025 and included $10.8 million in merger-related charges. Pre-tax pre-provision earnings<sup>1</sup> in the third quarter of 2025 decreased $4.3 million, or 7%, compared to the second quarter of 2025 and increased $9.8 million, or 21%, compared to the third quarter of 2024. Adjusted pre-tax pre-provision earnings<sup>1</sup> were $67.2 million in the third quarter of 2025, an increase of $4.6 million, or 7%, compared to the second quarter of 2025 and an increase of $20.8 million, or 45%, compared to the third quarter of 2024.

**• Net interest income** totaled $133.5 million in the third quarter of 2025, an increase of $6.6 million, or 5%, compared to the prior quarter, and an increase of $26.8 million, or 25%, compared to the third quarter of 2024. The increase was largely driven by growing loan and securities balances. Interest income on loans increased by $4.8 million in the third quarter of 2025, reflecting continued strong loan production. Securities income increased $3.5 million, or 11%, with year-to-date purchases at higher yields. Included in loan interest income was accretion on acquired loans of $9.5 million in the third quarter of 2025, $10.6 million in the second quarter

<sup>1</sup>*Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and for a reconciliation to GAAP.*

*&nbsp;&nbsp;&nbsp;&nbsp;*

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![sbcflogoa.gif](sbcflogoa.gif)

of 2025, and $9.2 million in the third quarter of 2024. Interest expense on deposits increased $2.5 million, or 6%, compared to the prior quarter, and decreased $8.8 million, or 17%, compared to the third quarter of 2024. The increase from prior quarter reflects higher balances through both organic growth and from the Heartland acquisition. Interest expense on borrowed money decreased $1.0 million, or 9%, compared to the prior quarter, and increased $3.3 million, or 51%, compared to third quarter of 2024. The decrease from the prior quarter reflects a partial repayment of wholesale borrowings during the quarter and the increase from the prior year quarter is largely due to higher short-term borrowings used to fund strategic purchases of securities in advance of the Heartland and Villages acquisitions.

**• Net interest margin** decreased one basis point to 3.57% in the third quarter of 2025 compared to 3.58% in the second quarter of 2025. Excluding the effects of accretion on acquired loans, net interest margin expanded three basis points to 3.32% in the third quarter of 2025 compared to 3.29% in the second quarter of 2025. Loan yields were 5.96%, a decrease of two basis points from the prior quarter. Securities yields increased five basis points to 3.92%, compared to 3.87% in the prior quarter. While the cost of deposits increased one basis point from 1.80% in the prior quarter to 1.81% in the third quarter of 2025, the cost of funds declined three basis points to 1.96% quarter over quarter.

**•** The **provision for credit losses** was $8.4 million in the third quarter of 2025, largely the result of organic growth in loans. The acquisition of Heartland resulted in a day-one provision of $1.9 million. Allowance coverage of 1.34% remains flat compared to June 30, 2025.

**• Noninterest income** totaled $23.8 million in the third quarter of 2025, a decrease of $0.7 million, or 3%, compared to the prior quarter, and an increase of $0.1 million, or 1%, compared to the prior year quarter. Results for the third quarter of 2025 included $0.8 million in realized losses on securities. Other changes compared to the second quarter of 2025 included:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Service charges on deposits totaled $6.2 million, an increase of $0.7 million, or 12% from the prior quarter, and an increase of $0.8 million, or 14%, from the prior year quarter. Our investments in talent and significant market expansion have resulted in continued growth in treasury management services to commercial customers.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Wealth management income totaled $4.6 million, an increase of $0.4 million, or 9%, from the prior quarter and an increase of $0.7 million, or 19%, from the prior year quarter. Assets under management have grown 24% year over year. The wealth management division delivered record growth, adding $258.1 million in new assets under management in the third quarter of 2025, the highest quarterly result in the division's history.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Bank Owned Life Insurance income totaled $3.9 million, an increase of $0.5 million, or 15%, from the prior quarter and an increase of $1.3 million, or 50% from the prior year quarter. Death benefit payouts totaled $1.3 million in the third quarter of 2025 and $0.9 million in the second quarter of 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Other income totaled $6.0 million, a decrease of $1.5 million, or 20%, from the prior quarter and a decrease of $1.9 million, or 24%, from the prior year quarter. The second quarter of 2025 included $3.0 million in tax refunds related to a prior bank acquisition. The resulting comparative decline was partially offset by higher gains on SBA loan sales and higher loan swap fees.

**• Noninterest expense** was $102.0 million in the third quarter of 2025, an increase of $10.3 million, or 11%, compared to the prior quarter, and an increase of $17.2 million, or 20%, compared to the prior year quarter. Merger-related charges totaled $10.8 million in the third quarter of 2025, compared to $2.4 million in the prior quarter. Results in the third quarter of 2025 included:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Salaries and wages totaled $46.3 million, an increase of $1.9 million, or 4%, from the prior quarter and an increase of $5.6 million, or 14%, from the prior year quarter. The increase from the prior quarter

<sup>1</sup>*Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and for a reconciliation to GAAP.*

*&nbsp;&nbsp;&nbsp;&nbsp;*

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![sbcflogoa.gif](sbcflogoa.gif)

reflects the continued expansion of the footprint, including the completion of the acquisition of Heartland, and higher performance driven incentive compensation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Employee benefits totaled $7.4 million, a decrease of $0.7 million, or 9%, from the prior quarter and an increase of $0.4 million, or 6%, from the prior year quarter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Outsourced data processing costs totaled $9.3 million, an increase of $0.8 million, or 10%, from the prior quarter and an increase of $1.3 million, or 17%, from the prior year quarter. The increase from the prior quarter reflects higher transaction volume and growth in customers, including from the acquisition of Heartland.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Occupancy costs totaled $7.6 million, an increase of $0.1 million, or 2%, compared to the prior quarter and an increase of $0.5 million, or 7%, from the prior year quarter, largely due to growth in the branch network.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Marketing expenses totaled $2.5 million, reflecting a decrease of $0.4 million, or 15%, compared to the prior quarter and a decrease of $0.2 million, or 8%, from the prior year quarter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Legal and professional fees totaled $1.7 million, a decrease of $0.4 million, or 19%, compared to the prior quarter and a decrease of $1.0 million, or 38%, from the prior year quarter. Changes between quarters are largely associated with the timing of various projects.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Amortization of intangibles increased $0.9 million with the addition of $20.9 million in core deposit intangible assets from the Heartland acquisition. These assets will be amortized using an accelerated amortization method over approximately 10 years.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Merger-related costs totaled $10.8 million in the third quarter of 2025 and $2.4 million in the second quarter of 2025.

**•** Seacoast recorded $10.5 million of **income tax expense** in the third quarter of 2025, compared to $12.6 million in the second quarter of 2025, and $8.6 million in the third quarter of 2024. Tax benefits related to stock-based compensation were immaterial in each period.

**•** The **efficiency ratio** was 60.66% in the third quarter of 2025, compared to 56.95% in the second quarter of 2025 and 59.84% in the prior year quarter. The **adjusted efficiency ratio**<sup>1</sup>, which excludes merger-related charges, improved to 53.84% in the third quarter of 2025, compared to 55.36% in the second quarter of 2025 and 59.84% in the prior year quarter. The Company continues to remain keenly focused on disciplined expense control, while making investments for growth.

***Balance Sheet***

**•** At September 30, 2025, the Company had **total assets** of $16.7 billion and **total shareholders' equity** of $2.4 billion. **Book value per share** was $27.07 as of September 30, 2025, compared to $26.43 as of June 30, 2025, and $25.68 as of September 30, 2024. **Tangible book value per share** was $17.61 as of September 30, 2025, compared to $17.19 as of June 30, 2025, and $16.20 as of September 30, 2024. Year over year tangible book value per share increased 9%, overcoming the dilutive impact of the Heartland acquisition.

**• Debt securities** totaled $3.8 billion as of September 30, 2025, an increase of $331.2 million compared to June 30, 2025. Debt securities as of September 30, 2025 included approximately $3.2 billion in securities classified as available-for-sale and recorded at fair value. The unrealized loss on these securities is fully reflected in the value presented on the balance sheet. The portfolio also includes $598.6 million in securities classified as held-to-maturity with a fair value of $498.4 million. Held-to-maturity securities consist solely of mortgage-backed securities and collateralized mortgage obligations guaranteed by U.S. government agencies, each of which is expected to recover any price depreciation over its holding period as the debt securities move to maturity. The Company has significant liquidity and available borrowing capacity and has the intent and ability to hold these investments to maturity. During the third quarter of 2025, the Company purchased approximately $385 million of primarily agency mortgage-backed securities with an average yield of 5.03%.

**• Loans** increased $355.3 million, or 13% annualized during the third quarter of 2025, totaling $11.0 billion as of September 30, 2025. Annualized organic loan growth, after excluding Heartland, was 8%. The Company

<sup>1</sup>*Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and for a reconciliation to GAAP.*

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![sbcflogoa.gif](sbcflogoa.gif)

continues to exercise a disciplined approach to lending and is benefiting from the investments made in recent years to attract talent from large regional and national banks across its markets.

**• Loan pipelines** (loans in underwriting and approval or approved and not yet closed) totaled $1.2 billion as of September 30, 2025, compared to $920.9 million at June 30, 2025 and $831.1 million at September 30, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Commercial pipelines were $1.1 billion as of September 30, 2025, compared to $861.2 million at June 30, 2025, and $773.5 million at September 30, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Saleable residential pipelines were $21.3 million as of September 30, 2025, compared to $14.4 million at June 30, 2025, and $11.2 million at September 30, 2024. Retained residential pipelines were $19.9 million as of September 30, 2025, compared to $29.2 million at June 30, 2025, and $21.9 million at September 30, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Consumer pipelines were $20.3 million as of September 30, 2025, compared to $16.2 million at June 30, 2025 and $24.4 million at September 30, 2024.

**• Total deposits** were $13.1 billion as of September 30, 2025, an increase of $592.7 million, or 19% annualized, when compared to June 30, 2025. This increase includes $705.2 million in deposits from the acquisition of Heartland and $212.3 million in organic growth, offset by a $325.7 million decline in brokered deposits. Organic growth includes $80.4 million in noninterest bearing deposits.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** 7% annualized organic deposit growth in the third quarter of 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The cost of deposits increased one basis point from 1.80% in the prior quarter to 1.81% in the third quarter of 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** At September 30, 2025, customer transaction account balances represented 48% of total deposits. The Company benefits from a granular deposit franchise, with the top ten depositors representing approximately 3% of total deposits.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Consumer deposits represent 41% of overall deposit funding with an average consumer customer balance of $25 thousand. Commercial deposits represent 59% of overall deposit funding with an average business customer balance of $114 thousand.

**• Federal Home Loan Bank advances** totaled $690.0 million at September 30, 2025 with a weighted-average interest rate of 4.04%, compared to advances outstanding of $715.0 million at June 30, 2025 with a weighted-average interest rate of 4.15%.

***Asset Quality***

**•** The ratio of **criticized and classified loans** to total loans was 2.50% at September 30, 2025, compared to 2.39% at June 30, 2025, and 2.59% at September 30, 2024.

**• Nonperforming loans** were $60.6 million at September 30, 2025, compared to $64.2 million at June 30, 2025, and $80.9 million at September 30, 2024. Nonperforming loans to total loans outstanding were 0.55% at September 30, 2025, 0.61% at June 30, 2025, and 0.79% at September 30, 2024.

**• Accruing past due loans** were $20.3 million, or 0.19% of total loans, at September 30, 2025, compared to $14.2 million, or 0.13% of total loans, at June 30, 2025, and $50.7 million, or 0.50% of total loans, at September 30, 2024.

**• Nonperforming assets to total assets** were 0.39% at September 30, 2025, compared to 0.44% at June 30, 2025, and 0.58% at September 30, 2024.

**• The ratio of allowance for credit losses to total loans** was 1.34% at September 30, 2025, 1.34% at June 30, 2025, and 1.38% at September 30, 2024.

**• Net charge-offs** were $3.2 million in the third quarter of 2025, or 12 basis points annualized, compared to $2.5 million in the second quarter of 2025 and $7.4 million in the third quarter of 2024.

**• Portfolio diversification**, in terms of asset mix, industry, and loan type, has been a critical element of the Company's lending strategy. Exposure across industries and collateral types is broadly distributed. Seacoast's

<sup>1</sup>*Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and for a reconciliation to GAAP.*

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average loan size is $435 thousand, and the average commercial loan size is $871 thousand, reflecting an ability to maintain granularity within the overall loan portfolio.

**• Construction and land development** and **commercial real estate loans** remain well below regulatory guidance as of September 30, 2025 at 34% and 236% of total bank-level risk-based capital<sup>2</sup>, respectively, compared to 35% and 239%, respectively, at June 30, 2025. On a consolidated basis and as of September 30, 2025, construction and land development and commercial real estate loans represent 32% and 223%, respectively, of total consolidated risk-based capital<sup>2</sup>.

***Capital and Liquidity***

**•** The Company continues to operate with a fortress balance sheet, with a **Tier 1 capital ratio** at September 30, 2025 of 14.5%<sup>2</sup> compared to 14.6% at June 30, 2025, and 14.8% at September 30, 2024. The **Total capital ratio** was 15.9%<sup>2</sup>, the **Common Equity Tier 1 capital ratio** was 13.9%<sup>2</sup>, and the **Tier 1 leverage ratio** was 10.9%<sup>2</sup> at September 30, 2025. The Company is considered "well capitalized" based on applicable U.S. regulatory capital ratio requirements.

**• Cash and cash equivalents** at September 30, 2025 totaled $306.0 million.

**•** The Company's **loan-to-deposit ratio** was 83.8% at September 30, 2025, which should continue to provide liquidity and flexibility moving forward.

**• Tangible common equity to tangible assets** was 9.76% at September 30, 2025, compared to 9.75% at June 30, 2025, and 9.64% at September 30, 2024. If all held-to-maturity securities were adjusted to fair value, the tangible common equity ratio would have been 9.30% at September 30, 2025.

**•** At September 30, 2025, in addition to $306.0 million in cash, the Company had $6.1 billion in **available borrowing capacity**, including $3.4 billion in available collateralized lines of credit, $2.3 billion of unpledged debt securities available as collateral for potential additional borrowings, and available unsecured lines of credit of $0.3 billion.

<sup>1</sup>*Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and for a reconciliation to GAAP.*

<sup>2</sup>*Estimated*

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **FINANCIAL HIGHLIGHTS** | | | | | |
| (Amounts in thousands except per share data) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) |
|  | Quarterly Trends | Quarterly Trends | Quarterly Trends | Quarterly Trends | Quarterly Trends |
|  | **3Q'25** | 2Q'25 | 1Q'25 | 4Q'24 | 3Q'24 |
| Selected balance sheet data: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Gross loans | $**10964173** | $10608824 | $10443021 | $10299950 | $10205281 |
| &nbsp;&nbsp;&nbsp;Total deposits | **13090319** | 12497598 | 12574796 | 12242427 | 12243585 |
| &nbsp;&nbsp;&nbsp;Total assets | **16676904** | 15944955 | 15732485 | 15176308 | 15168371 |
| Performance measures: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net income | $**36467** | $42687 | $31464 | $34085 | $30651 |
| &nbsp;&nbsp;&nbsp;Net interest margin | **3.57%** | 3.58% | 3.48% | 3.39% | 3.17% |
| &nbsp;&nbsp;Pre-tax pre-provision earnings<sup>1</sup> | $**55887** | $60236 | $50590 | $47858 | $46086 |
| &nbsp;&nbsp;&nbsp;Average diluted shares outstanding | **87425** | 85479 | 85388 | 85302 | 85069 |
| &nbsp;&nbsp;&nbsp;Diluted earnings per share (EPS) | **0.42** | 0.50 | 0.37 | 0.40 | 0.36 |
| &nbsp;&nbsp;&nbsp;Return on (annualized): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Average assets (ROA) | **0.88%** | 1.08% | 0.83% | 0.89% | 0.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;Average tangible assets (ROTA)<sup>2</sup> | **1.04** | 1.24 | 0.98 | 1.06 | 0.99 |
| &nbsp;&nbsp;&nbsp;&nbsp;Average tangible common equity (ROTCE)<sup>2</sup> | **10.70** | 12.82 | 10.17 | 10.90 | 10.31 |
| &nbsp;&nbsp;Tangible common equity to tangible assets<sup>2</sup> | **9.76** | 9.75 | 9.58 | 9.60 | 9.64 |
| &nbsp;&nbsp;Tangible book value per share<sup>2</sup> | $**17.61** | $17.19 | $16.71 | $16.12 | $16.20 |
| &nbsp;&nbsp;&nbsp;Efficiency ratio | **60.66%** | 56.95% | 60.28% | 56.26% | 59.84% |
| Adjusted operating measures<sup>1</sup>: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Adjusted net income | $**45164** | $44466 | $32102 | $40556 | $30511 |
| &nbsp;&nbsp;&nbsp;Adjusted pre-tax pre-provision earnings | **67190** | 62627 | 51686 | 56610 | 46390 |
| &nbsp;&nbsp;&nbsp;Adjusted diluted EPS | **0.52** | 0.52 | 0.38 | 0.48 | 0.36 |
| &nbsp;&nbsp;&nbsp;Adjusted ROA | **1.09%** | 1.13% | 0.85% | 1.06% | 0.81% |
| &nbsp;&nbsp;Adjusted ROTA<sup>2</sup> | **1.26** | 1.29 | 1.00 | 1.24 | 0.98 |
| &nbsp;&nbsp;Adjusted ROTCE<sup>2</sup> | **12.98** | 13.31 | 10.35 | 12.74 | 10.27 |
| &nbsp;&nbsp;&nbsp;Adjusted efficiency ratio | **53.84** | 55.36 | 59.53 | 56.07 | 59.84 |
| &nbsp;&nbsp;Net adjusted noninterest expense as a percent of average tangible assets<sup>2</sup> | **2.16%** | 2.25% | 2.33% | 2.19% | 2.19% |
| Other data: |  |  |  |  |  |
| &nbsp;&nbsp;Market capitalization<sup>3</sup> | $**2673449** | $2373871 | $2202958 | $2355679 | $2277003 |
| &nbsp;&nbsp;&nbsp;Full-time equivalent employees | **1601** | 1522 | 1518 | 1504 | 1493 |
| &nbsp;&nbsp;&nbsp;Number of ATMs | **103** | 98 | 98 | 96 | 96 |
| &nbsp;&nbsp;&nbsp;Full-service banking offices | **84** | 79 | 79 | 77 | 77 |
| <sup>1</sup>*Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP.* | <sup>1</sup>*Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP.* | <sup>1</sup>*Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP.* | <sup>1</sup>*Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP.* | <sup>1</sup>*Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP.* | <sup>1</sup>*Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP.* |
| <sup>2</sup>*The Company defines tangible assets as total assets less intangible assets, and tangible common equity as total shareholders' equity less intangible assets.* | <sup>2</sup>*The Company defines tangible assets as total assets less intangible assets, and tangible common equity as total shareholders' equity less intangible assets.* | <sup>2</sup>*The Company defines tangible assets as total assets less intangible assets, and tangible common equity as total shareholders' equity less intangible assets.* | <sup>2</sup>*The Company defines tangible assets as total assets less intangible assets, and tangible common equity as total shareholders' equity less intangible assets.* | <sup>2</sup>*The Company defines tangible assets as total assets less intangible assets, and tangible common equity as total shareholders' equity less intangible assets.* | <sup>2</sup>*The Company defines tangible assets as total assets less intangible assets, and tangible common equity as total shareholders' equity less intangible assets.* |
| <sup>3</sup>*Common shares outstanding multiplied by closing bid price on last day of each period.* | <sup>3</sup>*Common shares outstanding multiplied by closing bid price on last day of each period.* | <sup>3</sup>*Common shares outstanding multiplied by closing bid price on last day of each period.* | <sup>3</sup>*Common shares outstanding multiplied by closing bid price on last day of each period.* | <sup>3</sup>*Common shares outstanding multiplied by closing bid price on last day of each period.* | <sup>3</sup>*Common shares outstanding multiplied by closing bid price on last day of each period.* |

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**OTHER INFORMATION**

**Conference Call Information**

Seacoast will host a conference call on October 28, 2025, at 10:00 a.m. (Eastern Time) to discuss the third quarter of 2025 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 715-9871 (Conference ID: 6579709). Charts will be used during the conference call and may be accessed at Seacoast's website at www.SeacoastBanking.com by selecting "Presentations" under the heading "News/Events." Additionally, a recording of the call will be made available to individuals shortly after the conference call and can be accessed via a link at www.SeacoastBanking.com under the heading "Corporate Information." The recording will be available for one year.

**About Seacoast Banking Corporation of Florida (NASDAQ: SBCF)**

Seacoast Banking Corporation of Florida (NASDAQ: SBCF) is one of the largest community banks headquartered in Florida with approximately $16.7 billion in assets and $13.1 billion in deposits as of September 30, 2025. Seacoast provides integrated financial services including commercial and consumer banking, wealth management, and mortgage services to customers at 103 full-service branches across Florida, and through advanced mobile and online banking solutions. Seacoast National Bank is the wholly-owned subsidiary bank of Seacoast Banking Corporation of Florida. 19 branches recently acquired in The Villages® community and in North Central Florida will operate under the name Citizens First Bank until Seacoast's system conversion takes place in 2026. For more information about Seacoast, visit www.SeacoastBanking.com.

***Cautionary Notice Regarding Forward-Looking Statements***

*This press release contains "forward-looking statements" within the meaning, and protections, of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, statements about future financial and operating results, cost savings, enhanced revenues, economic and seasonal conditions in the Company's markets, and improvements to reported earnings that may be realized from cost controls, tax law changes, new initiatives and for integration of banks that the Company has acquired, or expects to acquire, as well as statements with respect to Seacoast's objectives, strategic plans, expectations and intentions and other statements that are not historical facts. Actual results may differ from those set forth in the forward-looking statements.*

*Forward-looking statements include statements with respect to the Company's beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates and intentions about future performance and involve known and unknown risks, uncertainties and other factors, which may be beyond the Company's control, and which may cause the actual results, performance or achievements of Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") or its wholly-owned banking subsidiary, Seacoast National Bank ("Seacoast Bank"), to be materially different from results, performance or achievements expressed or implied by such forward-looking statements. You should not expect the Company to update any forward-looking statements.*

*All statements other than statements of historical fact could be forward-looking statements. You can identify these forward-looking statements through the use of words such as "may", "will", "anticipate", "assume", "should", "support", "indicate", "would", "believe", "contemplate", "expect", "estimate", "continue", "further", "plan", "point to", "project", "could", "intend", "target" or other similar words and expressions of the future. These forward-looking statements may not be realized due to a variety of factors, including, without limitation: the impact of current and future economic and market conditions generally (including seasonality) and in the financial services industry, nationally and within Seacoast's primary market areas, including the effects of inflationary pressures, changes in interest rates, tariffs or trade wars (including reduced consumer spending), slowdowns in economic growth, and the potential for high unemployment rates, as well as the financial stress on borrowers and changes to customer and client behavior and credit risk as a result of the foregoing; potential impacts of adverse developments in the banking industry and including impacts on customer confidence, deposit outflows, liquidity and the regulatory response thereto (including increases in the cost of our deposit insurance assessments), the Company's ability to effectively manage its liquidity risk and any growth plans, and the availability of capital and funding; governmental monetary and fiscal policies, including interest rate policies of the Board of Governors of the Federal Reserve, as* 

*&nbsp;&nbsp;&nbsp;&nbsp;*

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*well as legislative, tax and regulatory changes, including those that impact the money supply and inflation; the risks of continued changes in interest rates on the level and composition of deposits (as well as the cost of, and competition for, deposits), loan demand, liquidity and the values of loan collateral, securities, and interest rate sensitive assets and liabilities; interest rate risks (including the impacts of interest rates on macroeconomic conditions, customer and client behavior, and on our net interest income), sensitivities and the shape of the yield curve; changes in accounting policies, rules and practices; changes in retail distribution strategies, customer preferences and behavior generally and as a result of economic factors, including heightened or persistent inflation; changes in the availability and cost of credit and capital in the financial markets; changes in the prices, values and sales volumes of residential and commercial real estate, especially as they relate to the value of collateral supporting the Company's loans; the Company's concentration in commercial real estate loans and in real estate collateral in Florida; Seacoast's ability to comply with any regulatory requirements and the risk that the regulatory environment may not be conducive to or may prohibit or delay the consummation of future mergers and/or business combinations, may increase the length of time and amount of resources required to consummate such transactions, and may reduce the anticipated benefit; inaccuracies or other failures from the use of models, including the failure of assumptions and estimates, as well as differences in, and changes to, economic, market and credit conditions; the impact on the valuation of Seacoast's investments due to market volatility or counterparty payment risk, as well as the effect of a decline in stock market prices on our fee income from our wealth management business; statutory and regulatory dividend restrictions; increases in regulatory capital requirements for banking organizations generally; the risks of mergers, acquisitions and divestitures, including Seacoast's ability to continue to identify acquisition targets, successfully acquire and integrate desirable financial institutions and realize expected revenues and revenue synergies; changes in technology or products that may be more difficult, costly, or less effective than anticipated; the Company's ability to identify and address increased cybersecurity risks, including those impacting vendors and other third parties which may be exacerbated by developments in generative artificial intelligence; fraud or misconduct by internal or external parties, which Seacoast may not be able to prevent, detect or mitigate; inability of Seacoast's risk management framework to manage risks associated with the Company's business; dependence on key suppliers or vendors to obtain equipment or services for the business on acceptable terms; reduction in or the termination of Seacoast's ability to use the online- or mobile-based platform that is critical to the Company's business growth strategy; the effects of war or other conflicts, acts of terrorism, natural disasters, including hurricanes in the Company's footprint, health emergencies, epidemics or pandemics, or other catastrophic events that may affect general economic conditions and/or increase costs, including, but not limited to, property and casualty and other insurance costs; Seacoast's ability to maintain adequate internal controls over financial reporting; potential claims, damages, penalties, fines, costs and reputational damage resulting from pending or future litigation, regulatory proceedings and enforcement actions; the risks that deferred tax assets could be reduced if estimates of future taxable income from the Company's operations and tax planning strategies are less than currently estimated, the results of tax audit findings, challenges to our tax positions, or adverse changes or interpretations of tax laws; the effects of competition from other commercial banks, thrifts, mortgage banking firms, consumer finance companies, credit unions, non-bank financial technology providers, securities brokerage firms, insurance companies, money market and other mutual funds and other financial institutions; the failure of assumptions underlying the establishment of reserves for expected credit losses; risks related to, and the costs associated with, environmental, social and governance matters, including the scope and pace of related rulemaking activity and disclosure requirements; government actions or inactions, including a prolonged shutdown of the federal government, a deterioration of the credit rating for U.S. long-term sovereign debt, actions that the U.S. government may take to avoid exceeding the debt ceiling, and uncertainties surrounding the federal budget and economic policy, including the impact of tariffs and trade policies; the risk that balance sheet, revenue growth, and loan growth expectations may differ from actual results; and other factors and risks described herein and under "Risk Factors" in any of the Company's subsequent reports filed with the SEC and available on its website at www.sec.gov.*

*The risks relating to the mergers with Heartland Bancshares, Inc. and Villages Bancorporation, Inc. include, without limitation: the diversion of management's time on issues related to the mergers; unexpected transaction costs, including the costs of integrating operations; the risks that the businesses will not be integrated successfully or that such integration may be more difficult, time-consuming or costly than expected; the potential failure to fully or timely realize expected revenues and revenue synergies, including as the result of revenues following the mergers being lower than expected; the risk of deposit and customer attrition; regulatory enforcement and litigation risk;* 

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*any changes in deposit mix; unexpected operating and other costs, which may differ or change from expectations; the risks of customer and employee loss and business disruptions, including, without limitation, as the result of difficulties in maintaining relationships with employees; increased competitive pressures and solicitations of customers by competitors; as well as the difficulties and risks inherent with entering new markets.*

*All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in the Company's annual report on Form 10-K for the year ended December 31, 2024 and in other periodic reports that the Company files with the SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at www.sec.gov.*

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **FINANCIAL HIGHLIGHTS** | **FINANCIAL HIGHLIGHTS** | **FINANCIAL HIGHLIGHTS** | **FINANCIAL HIGHLIGHTS** | (Unaudited) |  |  |  |
| *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* |  |  |
|  | Quarterly Trends | Quarterly Trends | Quarterly Trends | Quarterly Trends | Quarterly Trends | Nine months ended | Nine months ended |
| *(Amounts in thousands, except ratios and per share data)* | **3Q'25** | 2Q'25 | 1Q'25 | 4Q'24 | 3Q'24 | **3Q'25** | 3Q'24 |
| **Summary of Earnings** |  |  |  |  |  |  |  |
| Net income | $**36467** | $42687 | $31464 | $34085 | $30651 | $**110618** | $86901 |
| Adjusted net income<sup>1</sup> | **45164** | 44466 | 32102 | 40556 | 30511 | **121732** | 91920 |
| Net interest income<sup>2</sup> | **133906** | 127295 | 118857 | 116115 | 106975 | **380058** | 316930 |
| Net interest margin<sup>2,3</sup> | **3.57%** | 3.58% | 3.48% | 3.39% | 3.17% | **3.55%** | 3.19% |
| Pre-tax pre-provision earnings<sup>1</sup> | **55887** | 60236 | 50590 | 47858 | 46086 | **166713** | 126315 |
| Adjusted pre-tax pre-provision earnings<sup>1</sup> | **67190** | 62627 | 51686 | 56610 | 46390 | **181503** | 133393 |
| **Performance Ratios** |  |  |  |  |  |  |  |
| Return on average assets-GAAP basis<sup>3</sup> | **0.88%** | 1.08% | 0.83% | 0.89% | 0.81% | **0.93%** | 0.78% |
| Adjusted return on average assets<sup>1,3</sup> | **1.09** | 1.13 | 0.85 | 1.06 | 0.81 | **1.02** | 0.83 |
| Return on average tangible assets-GAAP basis<sup>3,4</sup> | **1.04** | 1.24 | 0.98 | 1.06 | 0.99 | **1.09** | 0.96 |
| Adjusted return on average tangible assets<sup>1,3,4</sup> | **1.26** | 1.29 | 1.00 | 1.24 | 0.98 | **1.19** | 1.01 |
| Net adjusted noninterest expense to average tangible assets<sup>1,3,4</sup> | **2.16** | 2.25 | 2.33 | 2.19 | 2.19 | **2.24** | 2.20 |
| Return on average shareholders' equity-GAAP basis<sup>3</sup> | **6.17** | 7.60 | 5.76 | 6.16 | 5.62 | **6.51** | 5.44 |
| Return on average tangible common equity-GAAP basis<sup>3,4</sup> | **10.70** | 12.82 | 10.17 | 10.90 | 10.31 | **11.23** | 10.21 |
| Adjusted return on average tangible common equity<sup>1,3,4</sup> | **12.98** | 13.31 | 10.35 | 12.74 | 10.27 | **12.25** | 10.72 |
| Efficiency ratio<sup>5</sup> | **60.66** | 56.95 | 60.28 | 56.26 | 59.84 | **59.29** | 62.24 |
| Adjusted efficiency ratio<sup>1</sup> | **53.84** | 55.36 | 59.53 | 56.07 | 59.84 | **56.13** | 60.39 |
| Noninterest income to total revenue (excluding securities gains/losses) | **15.59** | 16.18 | 15.65 | 18.02 | 18.05 | **15.81** | 17.27 |
| Tangible common equity to tangible assets<sup>4</sup> | **9.76** | 9.75 | 9.58 | 9.60 | 9.64 | **9.76** | 9.64 |
| Average loan-to-deposit ratio | **82.99** | 85.21 | 84.23 | 83.14 | 83.79 | **84.12** | 83.80 |
| End of period loan-to-deposit ratio | **83.84** | 84.96 | 83.17 | 84.27 | 83.44 | **83.84** | 83.44 |
| **Per Share Data** |  |  |  |  |  |  |  |
| Net income diluted-GAAP basis | $**0.42** | $0.50 | $0.37 | $0.40 | $0.36 | $**1.28** | $1.02 |
| Net income basic-GAAP basis | **0.42** | 0.50 | 0.37 | 0.40 | 0.36 | **1.30** | 1.03 |
| Adjusted earnings<sup>1</sup> | **0.52** | 0.52 | 0.38 | 0.48 | 0.36 | **1.41** | 1.08 |
| Book value per share common | **27.07** | 26.43 | 26.04 | 25.51 | 25.68 | **27.07** | 25.68 |
| Tangible book value per share | **17.61** | 17.19 | 16.71 | 16.12 | 16.20 | **17.61** | 16.20 |
| Cash dividends declared | **0.18** | 0.18 | 0.18 | 0.18 | 0.18 | **0.54** | 0.54 |
| <sup>1</sup>*Non-GAAP measure - see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP.* | <sup>1</sup>*Non-GAAP measure - see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP.* | <sup>1</sup>*Non-GAAP measure - see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP.* | <sup>1</sup>*Non-GAAP measure - see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP.* | <sup>1</sup>*Non-GAAP measure - see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP.* | <sup>1</sup>*Non-GAAP measure - see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP.* | <sup>1</sup>*Non-GAAP measure - see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP.* |  |
| <sup>2</sup>*Calculated on a fully taxable equivalent basis using amortized cost.* | <sup>2</sup>*Calculated on a fully taxable equivalent basis using amortized cost.* | <sup>2</sup>*Calculated on a fully taxable equivalent basis using amortized cost.* | <sup>2</sup>*Calculated on a fully taxable equivalent basis using amortized cost.* | <sup>2</sup>*Calculated on a fully taxable equivalent basis using amortized cost.* | <sup>2</sup>*Calculated on a fully taxable equivalent basis using amortized cost.* | <sup>2</sup>*Calculated on a fully taxable equivalent basis using amortized cost.* |  |
| <sup>3</sup>*These ratios are stated on an annualized basis and are not necessarily indicative of future periods.* | <sup>3</sup>*These ratios are stated on an annualized basis and are not necessarily indicative of future periods.* | <sup>3</sup>*These ratios are stated on an annualized basis and are not necessarily indicative of future periods.* | <sup>3</sup>*These ratios are stated on an annualized basis and are not necessarily indicative of future periods.* | <sup>3</sup>*These ratios are stated on an annualized basis and are not necessarily indicative of future periods.* | <sup>3</sup>*These ratios are stated on an annualized basis and are not necessarily indicative of future periods.* | <sup>3</sup>*These ratios are stated on an annualized basis and are not necessarily indicative of future periods.* |  |
| <sup>4</sup>*The Company defines tangible assets as total assets less intangible assets, and tangible common equity as total shareholders' equity less intangible assets.* | <sup>4</sup>*The Company defines tangible assets as total assets less intangible assets, and tangible common equity as total shareholders' equity less intangible assets.* | <sup>4</sup>*The Company defines tangible assets as total assets less intangible assets, and tangible common equity as total shareholders' equity less intangible assets.* | <sup>4</sup>*The Company defines tangible assets as total assets less intangible assets, and tangible common equity as total shareholders' equity less intangible assets.* | <sup>4</sup>*The Company defines tangible assets as total assets less intangible assets, and tangible common equity as total shareholders' equity less intangible assets.* | <sup>4</sup>*The Company defines tangible assets as total assets less intangible assets, and tangible common equity as total shareholders' equity less intangible assets.* | <sup>4</sup>*The Company defines tangible assets as total assets less intangible assets, and tangible common equity as total shareholders' equity less intangible assets.* |  |
| <sup>5</sup>*Defined as noninterest expense less amortization of intangibles and gains, losses, and expenses on foreclosed properties divided by net operating revenue (net interest income on a fully taxable equivalent basis plus noninterest income excluding securities gains and losses).* | <sup>5</sup>*Defined as noninterest expense less amortization of intangibles and gains, losses, and expenses on foreclosed properties divided by net operating revenue (net interest income on a fully taxable equivalent basis plus noninterest income excluding securities gains and losses).* | <sup>5</sup>*Defined as noninterest expense less amortization of intangibles and gains, losses, and expenses on foreclosed properties divided by net operating revenue (net interest income on a fully taxable equivalent basis plus noninterest income excluding securities gains and losses).* | <sup>5</sup>*Defined as noninterest expense less amortization of intangibles and gains, losses, and expenses on foreclosed properties divided by net operating revenue (net interest income on a fully taxable equivalent basis plus noninterest income excluding securities gains and losses).* | <sup>5</sup>*Defined as noninterest expense less amortization of intangibles and gains, losses, and expenses on foreclosed properties divided by net operating revenue (net interest income on a fully taxable equivalent basis plus noninterest income excluding securities gains and losses).* | <sup>5</sup>*Defined as noninterest expense less amortization of intangibles and gains, losses, and expenses on foreclosed properties divided by net operating revenue (net interest income on a fully taxable equivalent basis plus noninterest income excluding securities gains and losses).* | <sup>5</sup>*Defined as noninterest expense less amortization of intangibles and gains, losses, and expenses on foreclosed properties divided by net operating revenue (net interest income on a fully taxable equivalent basis plus noninterest income excluding securities gains and losses).* | <sup>5</sup>*Defined as noninterest expense less amortization of intangibles and gains, losses, and expenses on foreclosed properties divided by net operating revenue (net interest income on a fully taxable equivalent basis plus noninterest income excluding securities gains and losses).* |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **CONSOLIDATED STATEMENTS OF INCOME** | **CONSOLIDATED STATEMENTS OF INCOME** | **CONSOLIDATED STATEMENTS OF INCOME** | (Unaudited) |  |  |  |  |
| *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* |  |  |
|  | Quarterly Trends | Quarterly Trends | Quarterly Trends | Quarterly Trends | Quarterly Trends | Nine months ended | Nine months ended |
| *(Amounts in thousands, except per share data)* | **3Q'25** | 2Q'25 | 1Q'25 | 4Q'24 | 3Q'24 | **3Q'25** | 3Q'24 |
| Interest and dividends on securities: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Taxable | $**35975** | $32479 | $29381 | $26945 | $25963 | $**97835** | $72511 |
| &nbsp;&nbsp;&nbsp;Nontaxable | **44** | 33 | 34 | 34 | 34 | **111** | 101 |
| Interest and fees on loans | **161913** | 157075 | 150640 | 151999 | 150980 | **469628** | 445367 |
| Interest on interest-bearing deposits and other investments | **4780** | 3760 | 4200 | 6952 | 7138 | **12740** | 21650 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total Interest Income** | **202712** | 193347 | 184255 | 185930 | 184115 | **580314** | 539629 |
| Interest on deposits | **43133** | 40633 | 43626 | 47394 | 51963 | **127392** | 150816 |
| Interest on time certificates | **16341** | 15120 | 14973 | 16726 | 19002 | **46434** | 54051 |
| Interest on borrowed money | **9770** | 10730 | 7139 | 6006 | 6485 | **27639** | 18595 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total Interest Expense** | **69244** | 66483 | 65738 | 70126 | 77450 | **201465** | 223462 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Interest Income** | **133468** | 126864 | 118517 | 115804 | 106665 | **378849** | 316167 |
| Provision for credit losses | **8371** | 4379 | 9250 | 3699 | 6273 | **22000** | 12559 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Interest Income After Provision for Credit Losses** | **125097** | 122485 | 109267 | 112105 | 100392 | **356849** | 303608 |
| Noninterest income: |  |  |  |  |  |  |  |
| Service charges on deposit accounts | **6194** | 5540 | 5180 | 5138 | 5412 | **16914** | 15714 |
| Wealth management income | **4578** | 4196 | 4248 | 4019 | 3843 | **13022** | 11149 |
| Interchange income | **2008** | 1895 | 1807 | 1860 | 1911 | **5710** | 5739 |
| Mortgage banking fees | **517** | 685 | 404 | 326 | 485 | **1606** | 1448 |
| Insurance agency income | **1481** | 1289 | 1620 | 1151 | 1399 | **4390** | 4045 |
| BOLI income | **3875** | 3380 | 2468 | 2627 | 2578 | **9723** | 7438 |
| Other | **6006** | 7497 | 6257 | 10335 | 7864 | **19760** | 20455 |
|  | **24659** | 24482 | 21984 | 25456 | 23492 | **71125** | 65988 |
| Securities (losses) gains, net | **(841)** | 39 | 196 | (8388) | 187 | **(606)** | 372 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total Noninterest Income** | **23818** | 24521 | 22180 | 17068 | 23679 | **70519** | 66360 |
| Noninterest expense: |  |  |  |  |  |  |  |
| Salaries and wages | **46310** | 44438 | 42248 | 42378 | 40697 | **132996** | 119938 |
| Employee benefits | **7387** | 8106 | 8861 | 6548 | 6955 | **24354** | 21705 |
| Outsourced data processing costs | **9337** | 8525 | 8504 | 8307 | 8003 | **26366** | 28331 |
| Occupancy | **7627** | 7483 | 7350 | 7234 | 7096 | **22460** | 22313 |
| Furniture and equipment | **2233** | 2125 | 2128 | 2004 | 2060 | **6486** | 6027 |
| Marketing | **2509** | 2958 | 2748 | 2126 | 2729 | **8215** | 8650 |
| Legal and professional fees | **1674** | 2071 | 2740 | 2807 | 2708 | **6485** | 6841 |
| FDIC assessments | **2414** | 2108 | 2194 | 2274 | 1882 | **6716** | 6171 |
| Amortization of intangibles | **6005** | 5131 | 5309 | 5587 | 6002 | **16445** | 18297 |
| Other real estate owned expense and net (gain) loss on sale | **(346)** | 8 | 241 | 84 | 491 | **(97)** | 356 |
| Provision for credit losses on unfunded commitments | **150** | 150 | 150 | 250 | 250 | **450** | 751 |
| Merger-related charges | **10808** | 2422 | 1051 |  |  | **14281** |  |
| Other | **5879** | 6205 | 7073 | 5976 | 5945 | **19157** | 18346 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total Noninterest Expense** | **101987** | 91730 | 90597 | 85575 | 84818 | **284314** | 257726 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Income Before Income Taxes** | **46928** | 55276 | 40850 | 43598 | 39253 | **143054** | 112242 |
| Provision for income taxes | **10461** | 12589 | 9386 | 9513 | 8602 | **32436** | 25341 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $**36467** | $42687 | $31464 | $34085 | $30651 | $**110618** | $86901 |
| Share Data |  |  |  |  |  |  |  |
| Net income per share of common stock |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Diluted | $**0.42** | $0.50 | $0.37 | $0.40 | $0.36 | $**1.28** | $1.02 |
| &nbsp;&nbsp;&nbsp;Basic | **0.42** | 0.50 | 0.37 | 0.40 | 0.36 | **1.30** | 1.03 |
| Cash dividends declared | **0.18** | 0.18 | 0.18 | 0.18 | 0.18 | **0.54** | 0.54 |
| Average common shares outstanding |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Diluted | **87425** | 85479 | 85388 | 85302 | 85069 | **86154** | 84915 |
| &nbsp;&nbsp;&nbsp;Basic | **86619** | 84903 | 84648 | 84510 | 84434 | **85398** | 84319 |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CONSOLIDATED BALANCE SHEETS** | **CONSOLIDATED BALANCE SHEETS** | **CONSOLIDATED BALANCE SHEETS** | (Unaudited) |  |  |
| *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* |
|  | **September 30,** | June 30, | March 31, | December 31, | September 30, |
| *(Amounts in thousands)* | **2025** | 2025 | 2025 | 2024 | 2024 |
| **Assets** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Cash and due from banks | $**173954** | $181565 | $191467 | $171615 | $182743 |
| &nbsp;&nbsp;&nbsp;Interest-bearing deposits with other banks | **132040** | 150863 | 309105 | 304992 | 454315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total cash and cash equivalents** | **305994** | 332428 | 500572 | 476607 | 637058 |
| &nbsp;&nbsp;&nbsp;Time deposits with other banks | **30852** | 1494 | 1494 | 3215 | 5207 |
| &nbsp;&nbsp;&nbsp;Debt Securities: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities available-for-sale (at fair value) | **3212080** | 2866185 | 2627959 | 2226543 | 2160055 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities held-to-maturity (at amortized cost) | **598604** | 613312 | 624650 | 635186 | 646050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total debt securities** | **3810684** | 3479497 | 3252609 | 2861729 | 2806105 |
| &nbsp;&nbsp;&nbsp;Loans held for sale | **10841** | 8610 | 16016 | 17277 | 11039 |
| &nbsp;&nbsp;&nbsp;Loans | **10964173** | 10608824 | 10443021 | 10299950 | 10205281 |
| &nbsp;&nbsp;&nbsp;Less: Allowance for credit losses | **(147453)** | (142184) | (140267) | (138055) | (140469) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Loans, net of allowance for credit losses** | **10816720** | 10466640 | 10302754 | 10161895 | 10064812 |
| &nbsp;&nbsp;&nbsp;Bank premises and equipment, net | **115392** | 107256 | 108478 | 107555 | 108776 |
| &nbsp;&nbsp;&nbsp;Other real estate owned | **5085** | 5335 | 7176 | 6421 | 6421 |
| &nbsp;&nbsp;&nbsp;Goodwill | **754645** | 732417 | 732417 | 732417 | 732417 |
| &nbsp;&nbsp;&nbsp;Other intangible assets, net | **76291** | 61328 | 66372 | 71723 | 77431 |
| &nbsp;&nbsp;&nbsp;Bank owned life insurance | **323214** | 312860 | 311453 | 308995 | 306379 |
| &nbsp;&nbsp;&nbsp;Net deferred tax assets | **74683** | 87328 | 93595 | 102989 | 94820 |
| &nbsp;&nbsp;&nbsp;Other assets | **352503** | 349762 | 339549 | 325485 | 317906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Assets** | $**16676904** | $15944955 | $15732485 | $15176308 | $15168371 |
| **Liabilities** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Deposits |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Noninterest demand | $**3611920** | $3376941 | $3492491 | $3352372 | $3443455 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest-bearing demand | **2753463** | 2518857 | 2734260 | 2667843 | 2487448 |
| &nbsp;&nbsp;&nbsp;&nbsp;Savings | **615566** | 557472 | 534991 | 519977 | 524474 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money market | **4396458** | 4111789 | 4154682 | 4086362 | 4034371 |
| &nbsp;&nbsp;&nbsp;&nbsp;Time deposits | **1712912** | 1932539 | 1658372 | 1615873 | 1753837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Deposits** | **13090319** | 12497598 | 12574796 | 12242427 | 12243585 |
| &nbsp;&nbsp;&nbsp;Securities sold under agreements to repurchase | **236247** | 186090 | 201128 | 232071 | 210176 |
| &nbsp;&nbsp;&nbsp;Federal Home Loan Bank borrowings | **690000** | 715000 | 465000 | 245000 | 245000 |
| &nbsp;&nbsp;&nbsp;Long-term debt, net | **107464** | 107298 | 107132 | 106966 | 106800 |
| &nbsp;&nbsp;&nbsp;Other liabilities | **174742** | 167404 | 154689 | 166601 | 168960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Liabilities** | **14298772** | 13673390 | 13502745 | 12993065 | 12974521 |
| **Shareholders' Equity** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common stock | **8864** | 8673 | 8633 | 8628 | 8614 |
| &nbsp;&nbsp;&nbsp;Additional paid in capital | **1891111** | 1832158 | 1828234 | 1824935 | 1821050 |
| &nbsp;&nbsp;&nbsp;Retained earnings | **590384** | 569833 | 542665 | 526642 | 508036 |
| &nbsp;&nbsp;&nbsp;Less: Treasury stock | **(20804)** | (20792) | (19072) | (19095) | (18680) |
|  | **2469555** | 2389872 | 2360460 | 2341110 | 2319020 |
| &nbsp;&nbsp;&nbsp;Accumulated other comprehensive loss, net | **(91423)** | (118307) | (130720) | (157867) | (125170) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Shareholders' Equity** | **2378132** | 2271565 | 2229740 | 2183243 | 2193850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Liabilities & Shareholders' Equity** | $**16676904** | $15944955 | $15732485 | $15176308 | $15168371 |
| Common shares outstanding | **87856** | 85948 | 85618 | 85568 | 85441 |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CONSOLIDATED QUARTERLY FINANCIAL DATA** | **CONSOLIDATED QUARTERLY FINANCIAL DATA** | **CONSOLIDATED QUARTERLY FINANCIAL DATA** | (Unaudited) |  |  |
| *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* |
| *(Amounts in thousands)* | **3Q'25** | 2Q'25 | 1Q'25 | 4Q'24 | 3Q'24 |
| **Credit Analysis** |  |  |  |  |  |
| Net charge-offs | $**3208** | $2462 | $7038 | $6113 | $7445 |
| Net charge-offs to average loans | **0.12%** | 0.09% | 0.27% | 0.24% | 0.29% |
| Allowance for credit losses | $**147453** | $142184 | $140267 | $138055 | $140469 |
| Non-acquired loans at end of period | $**8415612** | $8071619 | $7752532 | $7452175 | $7178186 |
| Acquired loans at end of period | **2548561** | 2537205 | 2690489 | 2847775 | 3027095 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total Loans** | $**10964173** | $10608824 | $10443021 | $10299950 | $10205281 |
| Total allowance for credit losses to total loans at end of period | **1.34%** | 1.34% | 1.34% | 1.34% | 1.38% |
| Purchase discount on acquired loans at end of period | **3.86** | 4.10 | 4.25 | 4.30 | 4.48 |
| **End of Period** |  |  |  |  |  |
| Nonperforming loans | $**60562** | $64198 | $71018 | $92446 | $80857 |
| Other real estate owned | **221** | 351 | 1820 | 933 | 933 |
| Properties previously used in bank operations included in other real estate owned | **4864** | 4984 | 5356 | 5488 | 5488 |
| &nbsp;&nbsp;**Total Nonperforming Assets** | $**65647** | $69533 | $78194 | $98867 | $87278 |
| Nonperforming Loans to Loans at End of Period | **0.55%** | 0.61% | 0.68% | 0.90% | 0.79% |
| Nonperforming Assets to Total Assets at End of Period | **0.39** | 0.44 | 0.50 | 0.65 | 0.58 |
| **Loans** | **September 30, 2025** | June 30, 2025 | March 31, 2025 | December 31, 2024 | September 30, 2024 |
| Construction and land development | $**616475** | $603079 | $618493 | $648053 | $595753 |
| Commercial real estate - owner occupied | **1898704** | 1778930 | 1713579 | 1686629 | 1676814 |
| Commercial real estate - non-owner occupied | **3766541** | 3624528 | 3513400 | 3503808 | 3573076 |
| Residential real estate | **2694794** | 2678042 | 2653012 | 2616785 | 2564903 |
| Commercial and financial | **1807932** | 1741158 | 1753090 | 1651354 | 1575228 |
| Consumer | **179727** | 183087 | 191447 | 193321 | 219507 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total Loans** | $**10964173** | $10608824 | $10443021 | $10299950 | $10205281 |

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **AVERAGE BALANCES, INTEREST INCOME AND EXPENSES, YIELDS AND RATES** <sup>1</sup> | **AVERAGE BALANCES, INTEREST INCOME AND EXPENSES, YIELDS AND RATES** <sup>1</sup> | **AVERAGE BALANCES, INTEREST INCOME AND EXPENSES, YIELDS AND RATES** <sup>1</sup> | **AVERAGE BALANCES, INTEREST INCOME AND EXPENSES, YIELDS AND RATES** <sup>1</sup> | **AVERAGE BALANCES, INTEREST INCOME AND EXPENSES, YIELDS AND RATES** <sup>1</sup> |  | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) |
| *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* |
|  | **3Q'25** | **3Q'25** | **3Q'25** | 2Q'25 | 2Q'25 | 2Q'25 | 3Q'24 | 3Q'24 | 3Q'24 |
|  | **Average** |  | **Yield/** | Average |  | Yield/ | Average |  | Yield/ |
| *(Amounts in thousands)* | **Balance** | **Interest** | **Rate** | Balance | Interest | Rate | Balance | Interest | Rate |
| **Assets** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Earning assets: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Taxable | $**3644261** | $**35975** | **3.92%** | $3364825 | $32479 | 3.87% | $2756502 | $25963 | 3.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;Nontaxable | **6752** | **54** | **3.17** | 5321 | 40 | 3.02 | 5701 | 42 | 2.93 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Securities** | **3651013** | **36029** | **3.92** | 3370146 | 32519 | 3.87 | 2762203 | 26005 | 3.75 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal funds sold | **258779** | **2896** | **4.44** | 183268 | 2041 | 4.47 | 433423 | 5906 | 5.42 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest-bearing deposits with other banks and other investments | **166683** | **1884** | **4.48** | 137726 | 1720 | 5.01 | 102700 | 1232 | 4.77 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Loans, net**<sup>2</sup> | **10805143** | **162341** | **5.96** | 10558997 | 157499 | 5.98 | 10128822 | 151282 | 5.94 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Earning Assets** | **14881618** | **203150** | **5.42** | 14250137 | 193779 | 5.45 | 13427148 | 184425 | 5.46 |
| &nbsp;&nbsp;&nbsp;Allowance for credit losses | **(144051)** |  |  | (141442) |  |  | (141974) |  |  |
| &nbsp;&nbsp;&nbsp;Cash and due from banks | **166884** |  |  | 152562 |  |  | 167103 |  |  |
| &nbsp;&nbsp;&nbsp;Bank premises and equipment, net | **114719** |  |  | 108206 |  |  | 109699 |  |  |
| &nbsp;&nbsp;&nbsp;Intangible assets | **827294** |  |  | 796431 |  |  | 812761 |  |  |
| &nbsp;&nbsp;&nbsp;Bank owned life insurance | **321754** |  |  | 312384 |  |  | 304703 |  |  |
| &nbsp;&nbsp;&nbsp;Other assets including deferred tax assets | **317799** |  |  | 322916 |  |  | 317406 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Assets** | $**16486017** |  |  | $15801194 |  |  | $14996846 |  |  |
| **Liabilities and Shareholders' Equity** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Interest-bearing liabilities: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest-bearing demand | $**2671750** | $**10623** | **1.58%** | $2622944 | $10249 | 1.57% | $2489674 | $12905 | 2.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;Savings | **617479** | **1111** | **0.71** | 545718 | 881 | 0.65 | 546473 | 601 | 0.44 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money market | **4362662** | **31393** | **2.85** | 4122147 | 29505 | 2.87 | 3942357 | 38457 | 3.88 |
| &nbsp;&nbsp;&nbsp;&nbsp;Time deposits | **1826068** | **16341** | **3.55** | 1700128 | 15120 | 3.57 | 1716720 | 19002 | 4.40 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities sold under agreements to repurchase | **224328** | **1359** | **2.40** | 185977 | 1214 | 2.62 | 241083 | 2044 | 3.37 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Bank borrowings | **637826** | **6703** | **4.17** | 724231 | 7803 | 4.32 | 237935 | 2549 | 4.26 |
| &nbsp;&nbsp;&nbsp;&nbsp;Long-term debt, net | **107372** | **1714** | **6.33** | 107208 | 1712 | 6.41 | 106706 | 1892 | 7.05 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Interest-Bearing Liabilities** | **10447485** | **69244** | **2.63** | 10008353 | 66484 | 2.66 | 9280948 | 77450 | 3.32 |
| &nbsp;&nbsp;&nbsp;Noninterest demand | **3541749** |  |  | 3401138 |  |  | 3393110 |  |  |
| &nbsp;&nbsp;&nbsp;Other liabilities | **151550** |  |  | 139495 |  |  | 154344 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Liabilities** | **14140784** |  |  | 13548986 |  |  | 12828402 |  |  |
| &nbsp;&nbsp;&nbsp;Shareholders' equity | **2345233** |  |  | 2252208 |  |  | 2168444 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Liabilities & Equity** | $**16486017** |  |  | $15801194 |  |  | $14996846 |  |  |
| Cost of deposits |  |  | **1.81%** |  |  | 1.80% |  |  | 2.34% |
| Cost of funds<sup>3</sup> |  |  | **1.96%** |  |  | 1.99% |  |  | 2.43% |
| Interest expense as a % of earning assets |  |  | **1.85%** |  |  | 1.87% |  |  | 2.29% |
| Net interest income as a % of earning assets |  | $**133906** | **3.57%** |  | $127295 | 3.58% |  | $106975 | 3.17% |
| <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* |  |  |
| <sup>2</sup>*Fees on loans have been included in interest on loans. Nonaccrual loans are included in loan balances.* | <sup>2</sup>*Fees on loans have been included in interest on loans. Nonaccrual loans are included in loan balances.* | <sup>2</sup>*Fees on loans have been included in interest on loans. Nonaccrual loans are included in loan balances.* | <sup>2</sup>*Fees on loans have been included in interest on loans. Nonaccrual loans are included in loan balances.* | <sup>2</sup>*Fees on loans have been included in interest on loans. Nonaccrual loans are included in loan balances.* | <sup>2</sup>*Fees on loans have been included in interest on loans. Nonaccrual loans are included in loan balances.* | <sup>2</sup>*Fees on loans have been included in interest on loans. Nonaccrual loans are included in loan balances.* | <sup>2</sup>*Fees on loans have been included in interest on loans. Nonaccrual loans are included in loan balances.* |  |  |
| <sup>3</sup>*Total interest expense as a percentage of total interest-bearing liabilities and noninterest demand deposits.* | <sup>3</sup>*Total interest expense as a percentage of total interest-bearing liabilities and noninterest demand deposits.* | <sup>3</sup>*Total interest expense as a percentage of total interest-bearing liabilities and noninterest demand deposits.* | <sup>3</sup>*Total interest expense as a percentage of total interest-bearing liabilities and noninterest demand deposits.* | <sup>3</sup>*Total interest expense as a percentage of total interest-bearing liabilities and noninterest demand deposits.* | <sup>3</sup>*Total interest expense as a percentage of total interest-bearing liabilities and noninterest demand deposits.* | <sup>3</sup>*Total interest expense as a percentage of total interest-bearing liabilities and noninterest demand deposits.* | <sup>3</sup>*Total interest expense as a percentage of total interest-bearing liabilities and noninterest demand deposits.* |  |  |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **AVERAGE BALANCES, INTEREST INCOME AND EXPENSES, YIELDS AND RATES** <sup>1</sup> | **AVERAGE BALANCES, INTEREST INCOME AND EXPENSES, YIELDS AND RATES** <sup>1</sup> | **AVERAGE BALANCES, INTEREST INCOME AND EXPENSES, YIELDS AND RATES** <sup>1</sup> | **AVERAGE BALANCES, INTEREST INCOME AND EXPENSES, YIELDS AND RATES** <sup>1</sup> | (Unaudited) | (Unaudited) | (Unaudited) |
| *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* |  |  |  |  |
|  | **Nine Months Ended September 30, 2025** | **Nine Months Ended September 30, 2025** | **Nine Months Ended September 30, 2025** | Nine Months Ended September 30, 2024 | Nine Months Ended September 30, 2024 | Nine Months Ended September 30, 2024 |
|  | **Average** |  | **Yield/** | Average |  | Yield/ |
| *(Amounts in thousands, except ratios)* | **Balance** | **Interest** | **Rate** | Balance | Interest | Rate |
| **Assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Earning assets: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taxable | $**3362823** | $**97835** | **3.89%** | $2655422 | $72511 | 3.65% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nontaxable | **5841** | **136** | **3.11** | 5677 | 123 | 2.89 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Securities** | **3368664** | **97971** | **3.89** | 2661099 | 72634 | 3.65 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal funds sold | **235825** | **7882** | **4.47** | 438089 | 17929 | 5.47 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest-bearing deposits with other banks and other investments | **136760** | **4858** | **4.75** | 102415 | 3721 | 4.85 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Loans, net**<sup>2</sup> | **10584090** | **470812** | **5.95** | 10056466 | 446108 | 5.93 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Earning Assets** | **14325339** | **581523** | **5.43** | 13258069 | 540392 | 5.44 |
| &nbsp;&nbsp;&nbsp;Allowance for credit losses | **(141285)** |  |  | (145579) |  |  |
| &nbsp;&nbsp;&nbsp;Cash and due from banks | **159428** |  |  | 167424 |  |  |
| &nbsp;&nbsp;&nbsp;Bank premises and equipment, net | **110548** |  |  | 110929 |  |  |
| &nbsp;&nbsp;&nbsp;Intangible assets | **808564** |  |  | 819046 |  |  |
| &nbsp;&nbsp;&nbsp;Bank owned life insurance | **314700** |  |  | 302220 |  |  |
| &nbsp;&nbsp;&nbsp;Other assets including deferred tax assets | **320985** |  |  | 330898 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Assets** | $**15898279** |  |  | $14843007 |  |  |
| **Liabilities and Shareholders' Equity** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Interest-bearing liabilities: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest-bearing demand | $**2666794** | $**31941** | **1.60%** | $2626026 | $43117 | 2.19% |
| &nbsp;&nbsp;&nbsp;&nbsp;Savings | **564624** | **2690** | **0.64** | 586285 | 1701 | 0.39 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money market | **4212205** | **92760** | **2.94** | 3673493 | 105998 | 3.85 |
| &nbsp;&nbsp;&nbsp;&nbsp;Time deposits | **1725364** | **46434** | **3.60** | 1646285 | 54051 | 4.39 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities sold under agreements to repurchase | **203943** | **3930** | **2.58** | 289181 | 7806 | 3.61 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Bank borrowings | **582565** | **18584** | **4.27** | 163468 | 5101 | 4.17 |
| &nbsp;&nbsp;&nbsp;&nbsp;Long-term debt, net | **107207** | **5126** | **6.39** | 106538 | 5688 | 7.13 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Interest-Bearing Liabilities** | **10062702** | **201465** | **2.68** | 9091276 | 223462 | 3.28 |
| &nbsp;&nbsp;&nbsp;Noninterest demand | **3413252** |  |  | 3468790 |  |  |
| &nbsp;&nbsp;&nbsp;Other liabilities | **151036** |  |  | 148000 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Liabilities** | **13626990** |  |  | 12708066 |  |  |
| &nbsp;&nbsp;&nbsp;Shareholders' equity | **2271289** |  |  | 2134941 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Liabilities & Equity** | $**15898279** |  |  | $14843007 |  |  |
| Cost of deposits |  |  | **1.85%** |  |  | 2.28% |
| Cost of funds<sup>3</sup> |  |  | **2.00%** |  |  | 2.38% |
| Interest expense as a % of earning assets |  |  | **1.88%** |  |  | 2.25% |
| Net interest income as a % of earning assets |  | $**380058** | **3.55%** |  | $316930 | 3.19% |
| <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* |
| <sup>2</sup>*Fees on loans have been included in interest on loans. Nonaccrual loans are included in loan balances.* | <sup>2</sup>*Fees on loans have been included in interest on loans. Nonaccrual loans are included in loan balances.* | <sup>2</sup>*Fees on loans have been included in interest on loans. Nonaccrual loans are included in loan balances.* | <sup>2</sup>*Fees on loans have been included in interest on loans. Nonaccrual loans are included in loan balances.* | <sup>2</sup>*Fees on loans have been included in interest on loans. Nonaccrual loans are included in loan balances.* | <sup>2</sup>*Fees on loans have been included in interest on loans. Nonaccrual loans are included in loan balances.* | <sup>2</sup>*Fees on loans have been included in interest on loans. Nonaccrual loans are included in loan balances.* |
| <sup>3</sup>*Total interest expense as a percentage of total interest-bearing liabilities and noninterest demand deposits.* | <sup>3</sup>*Total interest expense as a percentage of total interest-bearing liabilities and noninterest demand deposits.* | <sup>3</sup>*Total interest expense as a percentage of total interest-bearing liabilities and noninterest demand deposits.* | <sup>3</sup>*Total interest expense as a percentage of total interest-bearing liabilities and noninterest demand deposits.* | <sup>3</sup>*Total interest expense as a percentage of total interest-bearing liabilities and noninterest demand deposits.* | <sup>3</sup>*Total interest expense as a percentage of total interest-bearing liabilities and noninterest demand deposits.* | <sup>3</sup>*Total interest expense as a percentage of total interest-bearing liabilities and noninterest demand deposits.* |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CONSOLIDATED QUARTERLY FINANCIAL DATA** | **CONSOLIDATED QUARTERLY FINANCIAL DATA** | **CONSOLIDATED QUARTERLY FINANCIAL DATA** | (Unaudited) |  |  |
| *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* |
|  | **September 30,** | June 30, | March 31, | December 31, | September 30, |
| *(Amounts in thousands)* | **2025** | 2025 | 2025 | 2024 | 2024 |
| Customer Relationship Funding |  |  |  |  |  |
| Noninterest demand |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial | $**2933228** | $2717688 | $2830497 | $2621469 | $2731564 |
| &nbsp;&nbsp;&nbsp;&nbsp;Retail | **508204** | 509539 | 536661 | 502967 | 509527 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public funds | **96396** | 81448 | 64184 | 177742 | 139072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other | **74092** | 68266 | 61149 | 50194 | 63292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Noninterest Demand** | **3611920** | 3376941 | 3492491 | 3352372 | 3443455 |
| &nbsp;&nbsp;&nbsp;Interest-bearing demand |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial | **1586997** | 1466184 | 1520186 | 1467508 | 1426920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Retail | **976318** | 838340 | 881282 | 881236 | 874043 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brokered | **—** |  |  | 49287 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Public funds | **190148** | 214333 | 332792 | 269812 | 186485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Interest-Bearing Demand** | **2753463** | 2518857 | 2734260 | 2667843 | 2487448 |
| &nbsp;&nbsp;&nbsp;Total transaction accounts |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial | **4520225** | 4183872 | 4350683 | 4088977 | 4158484 |
| &nbsp;&nbsp;&nbsp;&nbsp;Retail | **1484522** | 1347879 | 1417943 | 1384203 | 1383570 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brokered | **—** |  |  | 49287 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Public funds | **286544** | 295781 | 396976 | 447554 | 325557 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other | **74092** | 68266 | 61149 | 50194 | 63292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Transaction Accounts** | **6365383** | 5895798 | 6226751 | 6020215 | 5930903 |
| &nbsp;&nbsp;&nbsp;Savings |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial | **43102** | 45531 | 42879 | 40303 | 44151 |
| &nbsp;&nbsp;&nbsp;&nbsp;Retail | **572464** | 511941 | 492112 | 479674 | 480323 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Savings** | **615566** | 557472 | 534991 | 519977 | 524474 |
| &nbsp;&nbsp;&nbsp;Money market |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial | **2303584** | 2073098 | 1999540 | 1947250 | 1953851 |
| &nbsp;&nbsp;&nbsp;&nbsp;Retail | **1898375** | 1853398 | 1967239 | 1925330 | 1887975 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public funds | **194499** | 185293 | 187903 | 213782 | 192545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Money Market** | **4396458** | 4111789 | 4154682 | 4086362 | 4034371 |
| &nbsp;&nbsp;&nbsp;Brokered time certificates | **189561** | 515303 | 262461 | 244351 | 256536 |
| &nbsp;&nbsp;&nbsp;Time deposits | **1523351** | 1417236 | 1395911 | 1371522 | 1497301 |
|  | **1712912** | 1932539 | 1658372 | 1615873 | 1753837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Deposits** | $**13090319** | $12497598 | $12574796 | $12242427 | $12243585 |
| Securities sold under agreements to repurchase | $**236247** | $186090 | $201128 | $232071 | $210176 |
| Total customer funding<sup>1</sup> | $**13137005** | $12168385 | $12513463 | $12180860 | $12197225 |
| <sup>1</sup>*Total deposits and securities sold under agreements to repurchase, excluding brokered deposits. Securities sold under agreements to repurchase consists of customer sweep accounts.* | <sup>1</sup>*Total deposits and securities sold under agreements to repurchase, excluding brokered deposits. Securities sold under agreements to repurchase consists of customer sweep accounts.* | <sup>1</sup>*Total deposits and securities sold under agreements to repurchase, excluding brokered deposits. Securities sold under agreements to repurchase consists of customer sweep accounts.* | <sup>1</sup>*Total deposits and securities sold under agreements to repurchase, excluding brokered deposits. Securities sold under agreements to repurchase consists of customer sweep accounts.* | <sup>1</sup>*Total deposits and securities sold under agreements to repurchase, excluding brokered deposits. Securities sold under agreements to repurchase consists of customer sweep accounts.* | <sup>1</sup>*Total deposits and securities sold under agreements to repurchase, excluding brokered deposits. Securities sold under agreements to repurchase consists of customer sweep accounts.* |

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**Explanation of Certain Unaudited Non-GAAP Financial Measures**

This presentation contains financial information determined by methods other than Generally Accepted Accounting Principles ("GAAP"). Management uses these non-GAAP financial measures in its analysis of the Company's performance and believes these presentations provide useful supplemental information, and a clearer understanding of the Company's performance. The Company believes the non-GAAP measures enhance investors' understanding of the Company's business and performance and if not provided would be requested by the investor community. These measures are also useful in understanding performance trends and facilitate comparisons with the performance of other financial institutions. The limitations associated with operating measures are the risk that persons might disagree as to the appropriateness of items comprising these measures and that different companies might define or calculate these measures differently. The Company provides reconciliations between GAAP and these non-GAAP measures. These disclosures should not be considered an alternative to GAAP.

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|:---|:---|:---|:---|:---|:---|:---|:---|
| **GAAP TO NON-GAAP RECONCILIATION** | **GAAP TO NON-GAAP RECONCILIATION** | **GAAP TO NON-GAAP RECONCILIATION** | **(Unaudited)** | | | | |
| *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* |
|  | Quarterly Trends | Quarterly Trends | Quarterly Trends | Quarterly Trends | Quarterly Trends | Nine Months Ended | Nine Months Ended |
| *(Amounts in thousands, except per share data)* | **3Q'25** | 2Q'25 | 1Q'25 | 4Q'24 | 3Q'24 | **3Q'25** | 3Q'24 |
| **Net Income** | $**36467** | $42687 | $31464 | $34085 | $30651 | $**110618** | $86901 |
| Total noninterest income | **23818** | 24521 | 22180 | 17068 | 23679 | **70519** | 66360 |
| Securities losses (gains), net | **841** | (39) | (196) | 8388 | (187) | **606** | (372) |
| &nbsp;&nbsp;&nbsp;Total Adjustments to Noninterest Income | **841** | (39) | (196) | 8388 | (187) | **606** | (372) |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total Adjusted Noninterest Income** | **24659** | 24482 | 21984 | 25456 | 23492 | **71125** | 65988 |
| Total noninterest expense | **101987** | 91730 | 90597 | 85575 | 84818 | **284314** | 257726 |
| Merger-related charges | **(10808)** | (2422) | (1051) |  |  | **(14281)** |  |
| Business continuity expenses - hurricane events | **—** |  |  | (280) |  | **—** |  |
| Branch reductions and other expense initiatives | **—** |  |  |  |  | **—** | (7094) |
| &nbsp;&nbsp;&nbsp;Total Adjustments to Noninterest Expense | **(10808)** | (2422) | (1051) | (280) |  | **(14281)** | (7094) |
| &nbsp;&nbsp;&nbsp;&nbsp;**Adjusted Noninterest Expense** | **91179** | 89308 | 89546 | 85295 | 84818 | **270033** | 250632 |
| Income Taxes | **10461** | 12589 | 9386 | 9513 | 8602 | **32436** | 25341 |
| Tax effect of adjustments | **2952** | 604 | 217 | 2197 | (47) | **3773** | 1703 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Adjusted Income Taxes** | **13413** | 13193 | 9603 | 11710 | 8555 | **36209** | 27044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Adjusted Net Income** | $**45164** | $44466 | $32102 | $40556 | $30511 | $**121732** | $91920 |
| Earnings per diluted share, as reported | **0.42** | 0.50 | 0.37 | 0.40 | 0.36 | **1.28** | 1.02 |
| **Adjusted Earnings per Diluted Share** | $**0.52** | $0.52 | $0.38 | $0.48 | $0.36 | $**1.41** | $1.08 |
| Average diluted shares outstanding | **87425** | 85479 | 85388 | 85302 | 85069 | **86154** | 84915 |
| Adjusted Noninterest Expense | $**91179** | $89308 | $89546 | $85295 | $84818 | $**270033** | $250632 |
| Provision for credit losses on unfunded commitments | **(150)** | (150) | (150) | (250) | (250) | **(450)** | (751) |
| Other real estate owned expense and net gain (loss) on sale | **346** | (8) | (241) | (84) | (491) | **97** | (356) |
| Amortization of intangibles | **(6005)** | (5131) | (5309) | (5587) | (6002) | **(16445)** | (18297) |
| &nbsp;&nbsp;&nbsp;**Net Adjusted Noninterest Expense** | **85370** | 84019 | 83846 | 79374 | 78075 | **253235** | 231228 |
| Average tangible assets | $**15658723** | $15004763 | $14593955 | $14397331 | $14184085 | $**15089715** | $14023961 |
| &nbsp;&nbsp;&nbsp;**Net Adjusted Noninterest Expense to Average Tangible Assets** | **2.16%** | 2.25% | 2.33% | 2.19% | 2.19% | **2.24%** | 2.20% |
| Net Revenue | $**157286** | $151385 | $140697 | $132872 | $130344 | $**449368** | $382527 |
| Total Adjustments to Net Revenue | **841** | (39) | (196) | 8388 | (187) | **606** | (372) |
| Impact of FTE adjustment | **438** | 431 | 340 | 311 | 310 | **1209** | 763 |
| &nbsp;&nbsp;&nbsp;**Adjusted Net Revenue on a fully taxable equivalent basis** | $**158565** | $151777 | $140841 | $141571 | $130467 | $**451183** | $382918 |
| Adjusted Efficiency Ratio | **53.84%** | 55.36% | 59.53% | 56.07% | 59.84% | **56.13%** | 60.39% |
| Net Interest Income | $**133468** | $126864 | $118517 | $115804 | $106665 | $**378849** | $316167 |
| Impact of FTE adjustment | **438** | 431 | 340 | 311 | 310 | **1209** | 763 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Interest Income including FTE adjustment** | **133906** | 127295 | 118857 | 116115 | 106975 | **380058** | 316930 |
| Total noninterest income | **23818** | 24521 | 22180 | 17068 | 23679 | **70519** | 66360 |
| Total noninterest expense less provision for credit losses on unfunded commitments | **101837** | 91580 | 90447 | 85325 | 84568 | **283864** | 256975 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Pre-Tax Pre-Provision Earnings** | **55887** | 60236 | 50590 | 47858 | 46086 | **166713** | 126315 |
| Total Adjustments to Noninterest Income | **841** | (39) | (196) | 8388 | (187) | **606** | (372) |
| Total Adjustments to Noninterest Expense including other real estate owned expense and net loss on sale | **10462** | 2430 | 1292 | 364 | 491 | **14184** | 7450 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Adjusted Pre-Tax Pre-Provision Earnings** | **67190** | 62627 | 51686 | 56610 | 46390 | **181503** | 133393 |
| Average Assets | **16486017** | 15801194 | 15395642 | 15204041 | 14996846 | **15898279** | 14843007 |
| Less average goodwill and intangible assets | **(827294)** | (796431) | (801687) | (806710) | (812761) | **(808564)** | (819046) |
| &nbsp;&nbsp;&nbsp;**Average Tangible Assets** | $**15658723** | $15004763 | $14593955 | $14397331 | $14184085 | $**15089715** | $14023961 |
| Return on Average Assets (ROA) | **0.88%** | 1.08% | 0.83% | 0.89% | 0.81% | 0.93% | 0.78% |
| Impact of other adjustments for Adjusted Net Income | **0.21** | 0.05 | 0.02 | 0.17 |  | 0.09 | 0.05 |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **GAAP TO NON-GAAP RECONCILIATION** | **GAAP TO NON-GAAP RECONCILIATION** | **GAAP TO NON-GAAP RECONCILIATION** | **(Unaudited)** | | | | |
| *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* | *SEACOAST BANKING CORPORATION OF FLORIDA AND SUBSIDIARIES* |
|  | Quarterly Trends | Quarterly Trends | Quarterly Trends | Quarterly Trends | Quarterly Trends | Nine Months Ended | Nine Months Ended |
| *(Amounts in thousands, except per share data)* | **3Q'25** | 2Q'25 | 1Q'25 | 4Q'24 | 3Q'24 | **3Q'25** | 3Q'24 |
| &nbsp;&nbsp;&nbsp;**Adjusted ROA** | **1.09%** | 1.13% | 0.85% | 1.06% | 0.81% | **1.02%** | 0.83% |
| ROA | **0.88** | 1.08 | 0.83 | 0.89 | 0.81 | **0.93** | 0.78 |
| Impact of removing average intangible assets and related amortization | **0.16** | 0.16 | 0.15 | 0.17 | 0.18 | **0.16** | 0.18 |
| &nbsp;&nbsp;&nbsp;**Return on Average Tangible Assets (ROTA)** | **1.04** | 1.24 | 0.98 | 1.06 | 0.99 | **1.09** | 0.96 |
| Impact of other adjustments for Adjusted Net Income | **0.22** | 0.05 | 0.02 | 0.18 | (0.01) | **0.10** | 0.05 |
| &nbsp;&nbsp;&nbsp;**Adjusted ROTA** | **1.26%** | 1.29% | 1.00% | 1.24% | 0.98% | **1.19%** | 1.01% |
| Average Shareholders' Equity | $**2345233** | $2252208 | $2214995 | $2203052 | $2168444 | $**2271289** | $2134941 |
| Less average goodwill and intangible assets | **(827294)** | (796431) | (801687) | (806710) | (812761) | **(808564)** | (819046) |
| &nbsp;&nbsp;&nbsp;**Average Tangible Equity** | $**1517939** | $1455777 | $1413308 | $1396342 | $1355683 | $**1462725** | $1315895 |
| Return on Average Shareholders' Equity | **6.17%** | 7.60% | 5.76% | 6.16% | 5.62% | **6.51%** | 5.44% |
| Impact of removing average intangible assets and related amortization | **4.53** | 5.22 | 4.41 | 4.74 | 4.69 | **4.72** | 4.77 |
| &nbsp;&nbsp;&nbsp;**Return on Average Tangible Common Equity (ROTCE)** | **10.70** | 12.82 | 10.17 | 10.90 | 10.31 | **11.23** | 10.21 |
| Impact of other adjustments for Adjusted Net Income | **2.28** | 0.49 | 0.18 | 1.84 | (0.04) | **1.02** | 0.51 |
| &nbsp;&nbsp;&nbsp;**Adjusted ROTCE** | **12.98%** | 13.31% | 10.35% | 12.74% | 10.27% | **12.25%** | 10.72% |
| Loan interest income<sup>1</sup> | $**162341** | $157499 | $150973 | $152303 | $151282 | $**470812** | $446108 |
| Accretion on acquired loans | **(9543)** | (10583) | (8221) | (11717) | (9182) | **(28347)** | (29955) |
| &nbsp;&nbsp;**Loan interest income excluding accretion on acquired loans**<sup>1</sup> | $**152798** | $146916 | $142752 | $140586 | $142100 | $**442465** | $416153 |
| Yield on loans<sup>1</sup> | **5.96%** | 5.98% | 5.90% | 5.93% | 5.94% | **5.95%** | 5.93% |
| Impact of accretion on acquired loans | **(0.35)** | (0.40) | (0.32) | (0.45) | (0.36) | **(0.36)** | (0.40) |
| &nbsp;&nbsp;**Yield on loans excluding accretion on acquired loans**<sup>1</sup> | **5.61%** | 5.58% | 5.58% | 5.48% | 5.58% | **5.59%** | 5.53% |
| Net Interest Income<sup>1</sup> | $**133906** | $127295 | $118857 | $116115 | $106975 | $**380058** | $316930 |
| Accretion on acquired loans | **(9543)** | (10583) | (8221) | (11717) | (9182) | **(28347)** | (29955) |
| &nbsp;&nbsp;**Net interest income excluding accretion on acquired loans**<sup>1</sup> | $**124363** | $116712 | $110636 | $104398 | $97793 | $**351711** | $286975 |
| Net Interest Margin<sup>1</sup> | **3.57%** | 3.58% | 3.48% | 3.39% | 3.17% | **3.55%** | 3.19% |
| Impact of accretion on acquired loans | **(0.25)** | (0.29) | (0.24) | (0.34) | (0.27) | **(0.27)** | (0.30) |
| &nbsp;&nbsp;**Net interest margin excluding accretion on acquired loans**<sup>1</sup> | **3.32%** | 3.29% | 3.24% | 3.05% | 2.90% | **3.28%** | 2.89% |
| Securities interest income<sup>1</sup> | $**36029** | $32519 | $29422 | $26986 | $26005 | $**97971** | $72634 |
| Tax equivalent adjustment on securities | **(10)** | (7) | (7) | (7) | (8) | **(25)** | (22) |
| &nbsp;&nbsp;**Securities interest income excluding tax equivalent adjustment**<sup>1</sup> | **36019** | 32512 | 29415 | 26979 | 25997 | **97946** | 72612 |
| Loan interest income<sup>1</sup> | **162341** | 157499 | 150973 | 152303 | 151282 | **470812** | 446108 |
| Tax equivalent adjustment on loans | **(428)** | (424) | (333) | (304) | (302) | **(1184)** | (741) |
| &nbsp;&nbsp;&nbsp;**Loan interest income excluding tax equivalent adjustment** | **161913** | 157075 | 150640 | 151999 | 150980 | **469628** | 445367 |
| Net Interest Income<sup>1</sup> | **133906** | 127295 | 118857 | 116115 | 106975 | **380058** | 316930 |
| Tax equivalent adjustment on securities | **(10)** | (7) | (7) | (7) | (8) | **(25)** | (22) |
| Tax equivalent adjustment on loans | **(428)** | (424) | (333) | (304) | (302) | **(1184)** | (741) |
| &nbsp;&nbsp;&nbsp;**Net interest income excluding tax equivalent adjustment** | $**133468** | $126864 | $118517 | $115804 | $106665 | $**378849** | $316167 |
| <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* | <sup>1</sup>*On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost.* |

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## Exhibit 99.2

![](sbcf3q2025earningspresen001.jpg)

EARNINGS PRESENTATION THIRD QUARTER 2025 2025

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![](sbcf3q2025earningspresen002.jpg)

2THIRD QUARTER 2025 EARNINGS PRESENTATION Cautionary Notice Regarding Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning, and protections, of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, statements about future financial and operating results, cost savings, enhanced revenues, economic and seasonal conditions in the Company's markets, and improvements to reported earnings that may be realized from cost controls, tax law changes, new initiatives and for integration of banks that the Company has acquired, or expects to acquire, as well as statements with respect to Seacoast's objectives, strategic plans, expectations and intentions and other statements that are not historical facts. Actual results may differ from those set forth in the forward-looking statements. Forward-looking statements include statements with respect to the Company's beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates and intentions about future performance and involve known and unknown risks, uncertainties and other factors, which may be beyond the Company's control, and which may cause the actual results, performance or achievements of Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") or its wholly-owned banking subsidiary, Seacoast National Bank ("Seacoast Bank"), to be materially different from results, performance or achievements expressed or implied by such forward-looking statements. You should not expect the Company to update any forward-looking statements. All statements other than statements of historical fact could be forward-looking statements. You can identify these forward- looking statements through the use of words such as "may", "will", "anticipate", "assume", "should", "support", "indicate", "would", "believe", "contemplate", "expect", "estimate", "continue", "further", "plan", "point to", "project", "could", "intend", "target" or other similar words and expressions of the future. These forward-looking statements may not be realized due to a variety of factors, including, without limitation: the impact of current and future economic and market conditions generally (including seasonality) and in the financial services industry, nationally and within Seacoast's primary market areas, including the effects of inflationary pressures, changes in interest rates, tariffs or trade wars (including reduced consumer spending), slowdowns in economic growth, and the potential for high unemployment rates, as well as the financial stress on borrowers and changes to customer and client behavior and credit risk as a result of the foregoing; potential impacts of adverse developments in the banking industry and including impacts on customer confidence, deposit outflows, liquidity and the regulatory response thereto (including increases in the cost of our deposit insurance assessments), the Company's ability to effectively manage its liquidity risk and any growth plans, and the availability of capital and funding; governmental monetary and fiscal policies, including interest rate policies of the Board of Governors of the Federal Reserve, as well as legislative, tax and regulatory changes, including those that impact the money supply and inflation; the risks of continued changes in interest rates on the level and composition of deposits (as well as the cost of, and competition for, deposits), loan demand, liquidity and the values of loan collateral, securities, and interest rate sensitive assets and liabilities; interest rate risks (including the impacts of interest rates on macroeconomic conditions, customer and client behavior, and on our net interest income), sensitivities and the shape of the yield curve; changes in accounting policies, rules and practices; changes in retail distribution strategies, customer preferences and behavior generally and as a result of economic factors, including heightened or persistent inflation; changes in the availability and cost of credit and capital in the financial markets; changes in the prices, values and sales volumes of residential and commercial real estate, especially as they relate to the value of collateral supporting the Company's loans; the Company's concentration in commercial real estate loans and in real estate collateral in Florida; Seacoast's ability to comply with any regulatory requirements and the risk that the regulatory environment may not be conducive to or may prohibit or delay the consummation of future mergers and/or business combinations, may increase the length of time and amount of resources required to consummate such transactions, and may reduce the anticipated benefit; inaccuracies or other failures from the use of models, including the failure of assumptions and estimates, as well as differences in, and changes to, economic, market and credit conditions; the impact on the valuation of Seacoast's investments due to market volatility or counterparty payment risk, as well as the effect of a decline in stock market prices on our fee income from our wealth management business; statutory and regulatory dividend restrictions; increases in regulatory capital requirements for banking organizations generally; the risks of mergers, acquisitions and divestitures, including Seacoast's ability to continue to identify acquisition targets, successfully acquire and integrate desirable financial institutions and realize expected revenues and revenue synergies; changes in technology or products that may be more difficult, costly, or less effective than anticipated; the Company's ability to identify and address increased cybersecurity risks, including those impacting vendors and other third parties which may be exacerbated by developments in generative artificial intelligence; fraud or misconduct by internal or external parties, which Seacoast may not be able to prevent, detect or mitigate; inability of Seacoast's risk management framework to manage risks associated with the Company's business; dependence on key suppliers or vendors to obtain equipment or services for the business on acceptable terms; reduction in or the termination of Seacoast's ability to use the online- or mobile-based platform that is critical to the Company's business growth strategy; the effects of war or other conflicts, acts of terrorism, natural disasters, including hurricanes in the Company's footprint, health emergencies, epidemics or pandemics, or other catastrophic events that may affect general economic conditions and/or increase costs, including, but not limited to, property and casualty and other insurance costs; Seacoast's ability to maintain adequate internal controls over financial reporting; potential claims, damages, penalties, fines, costs and reputational damage resulting from pending or future litigation, regulatory proceedings and enforcement actions; the risks that deferred tax assets could be reduced if estimates of future taxable income from the Company's operations and tax planning strategies are less than currently estimated, the results of tax audit findings, challenges to our tax positions, or adverse changes or interpretations of tax laws; the effects of competition from other commercial banks, thrifts, mortgage banking firms, consumer finance companies, credit unions, non-bank financial technology providers, securities brokerage firms, insurance companies, money market and other mutual funds and other financial institutions; the failure of assumptions underlying the establishment of reserves for expected credit losses; risks related to, and the costs associated with, environmental, social and governance matters, including the scope and pace of related rulemaking activity and disclosure requirements; government actions or inactions, including a prolonged shutdown of the federal government, a deterioration of the credit rating for U.S. long-term sovereign debt, actions that the U.S. government may take to avoid exceeding the debt ceiling, and uncertainties surrounding the federal budget and economic policy, including the impact of tariffs and trade policies; the risk that balance sheet, revenue growth, and loan growth expectations may differ from actual results; and other factors and risks described herein and under "Risk Factors" in any of the Company's subsequent reports filed with the SEC and available on its website at www.sec.gov. The risks relating to the mergers with Heartland Bancshares, Inc. and Villages Bancorporation, Inc. include, without limitation: the diversion of management's time on issues related to the mergers; unexpected transaction costs, including the costs of integrating operations; the risks that the businesses will not be integrated successfully or that such integration may be more difficult, time-consuming or costly than expected; the potential failure to fully or timely realize expected revenues and revenue synergies, including as the result of revenues following the mergers being lower than expected; the risk of deposit and customer attrition; regulatory enforcement and litigation risk; any changes in deposit mix; unexpected operating and other costs, which may differ or change from expectations; the risks of customer and employee loss and business disruptions, including, without limitation, as the result of difficulties in maintaining relationships with employees; increased competitive pressures and solicitations of customers by competitors; as well as the difficulties and risks inherent with entering new markets. All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in the Company's annual report on Form 10-K for the year ended December 31, 2024 and in other periodic reports that the Company files with the SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at www.sec.gov.

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![](sbcf3q2025earningspresen003.jpg)

3THIRD QUARTER 2025 EARNINGS PRESENTATION • Sustained, strong presence in Florida's most attractive markets • #15 Florida market share ▪ #1 Florida-based bank in Orlando MSA ▪ #1 Florida-based bank in Palm Beach and 11 other counties ▪ #1 overall market share in Port St. Lucie MSA and Wildwood-The Villages MSA • Strong capital and liquidity supporting further organic growth and opportunistic acquisitions ▪ 14.5%1 Tier 1 capital ratio ▪ 84% loan-to-deposit ratio Valuable Florida Franchise with Strong Capital and Liquidity 1Estimated

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![](sbcf3q2025earningspresen004.jpg)

4THIRD QUARTER 2025 EARNINGS PRESENTATION • Net income of $36.5 million, or $0.42 per share, which includes $10.8 million in merger-related charges, increased 19% year over year. Adjusted net income1 increased 48% year over year. • 7% annualized organic deposit growth. • 8% annualized organic loan growth. • Net interest income of $133.5 million, an increase of $6.6 million, or 5% from the prior quarter. • Net interest margin, excluding accretion on acquired loans, expanded three basis points from the prior quarter to 3.32%. Third Quarter 2025 Highlights • Tangible book value per share of $17.61 has increased 9% year over year, well overcoming the dilutive impact of the Heartland acquisition. • Strong capital position, with a Tier 1 capital ratio of 14.5%2 and a tangible common equity to tangible assets ratio of 9.8%. • Completed the acquisition and system conversion of Heartland Bancshares, Inc., adding four branches, $153 million in loans and $705 million in deposits. • On October 1, 2025, completed the acquisition of Villages Bancorporation, Inc., adding 19 branches and approximately $4 billion in assets. Full system conversion will be completed in the third quarter of 2026. 1Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP. 2Estimated

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![](sbcf3q2025earningspresen005.jpg)

5THIRD QUARTER 2025 EARNINGS PRESENTATION Net Interest Income ($ in th ou sa nd s) $106,975 $116,115 $118,857 $127,295 $133,906 3.17% 3.39% 3.48% 3.58% 3.57% 2.90% 3.05% 3.24% 3.29% 3.32% Net Interest Income Net Interest Margin NIM, excluding accretion on acquired loans 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 • Net interest income1 totaled $133.9 million, an increase of $6.6 million, or 5%, from the prior quarter. • Net interest margin decreased one basis point to 3.57% and, excluding the effect of accretion on acquired loans, net interest margin expanded three basis points to 3.32%. • Securities yields increased five basis points to 3.92%. • Loan yields decreased two basis points from the prior quarter to 5.96%. Excluding the effect of accretion on acquired loans, yields increased three basis points to 5.61%. • The cost of deposits increased one basis point to 1.81%. 1Calculated on a fully taxable equivalent basis using amortized cost. 1

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![](sbcf3q2025earningspresen006.jpg)

6THIRD QUARTER 2025 EARNINGS PRESENTATION Noninterest income decreased $0.7 million from the prior quarter to $23.8 million, and adjusted noninterest income1 increased $0.2 million to $24.7 million. Results included $0.8 million in realized losses on securities. Other changes from the prior quarter include: Service charges on deposits totaled $6.2 million, an increase of $0.7 million, or 12% from the prior quarter. Our investments in talent and significant market expansion have resulted in continued growth in treasury management services to commercial customers. Wealth management income totaled $4.6 million, an increase of $0.4 million, or 9%, from the prior quarter. Assets under management have grown 24% year over year. The wealth management division delivered record growth, adding $258.1 million in new assets under management in the third quarter, the highest quarterly result in the division's history. BOLI income totaled $3.9 million, an increase of $0.5 million, or 15%, from the prior quarter. Death benefit payouts totaled $1.3 million in the third quarter of 2025 and $0.9 million in the second quarter of 2025. Other income totaled $6.0 million, a decrease of $1.5 million, or 20%, from the prior quarter. The second quarter of 2025 included $3.0 million in tax refunds related to a prior bank acquisition. The resulting comparative decline was partially offset by higher gains on SBA loan sales and higher loan swap fees. 1Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP. Noninterest Income $23,492 $25,456 $21,984 $24,482 $24,659 Adjusted noninterest income Securities gains (losses) 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 ($ in thousands) $196 1 $187 $39 $(841) $(8,388)

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![](sbcf3q2025earningspresen007.jpg)

7THIRD QUARTER 2025 EARNINGS PRESENTATION Assets Under Management End-of-Period ($ in millions) $1,239 $1,387 $1,711 $2,053 $2,467 2021 2022 2023 2024 3Q'25 Continued Focus on Building Wealth Management Assets under management totaled $2.5 billion at September 30, 2025, increasing 24% year over year. The wealth management division delivered record growth, adding $258 million in new assets under management in the third quarter, the highest quarterly result in the division's history. With a consistent focus on delivering exceptional value, this division continues to be a key growth driver in customer relationships. Since 2021, assets under management have increased at a compound annual growth rate ("CAGR") of 25%. 25% CAG R

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![](sbcf3q2025earningspresen008.jpg)

8THIRD QUARTER 2025 EARNINGS PRESENTATION Noninterest Expense • Salaries and wages totaled $46.3 million, an increase of $1.9 million, or 4%, from the prior quarter. The increase from the prior quarter reflects the continued expansion of the footprint, including the acquisition of Heartland, and higher performance driven incentive compensation. • Employee benefits totaled $7.4 million, a decrease of $0.7 million, or 9%, compared to the prior quarter. • Outsourced data processing costs totaled $9.3 million, an increase of $0.8 million, or 10%, compared to the prior quarter. The increase from the prior quarter reflects higher transaction volume and growth in customers, including from the acquisition of Heartland. • Amortization of intangibles increased $0.9 million with the addition of $20.9 million in core deposit intangible assets from the Heartland acquisition. These assets will be amortized using an accelerated amortization method over approximately 10 years. • Merger-related costs totaled $10.8 million in the third quarter of 2025 and $2.4 million in the second quarter of 2025. ($ in thousands) Noninterest Expense $84,818 $85,575 $90,597 $91,730 $101,987 59.8% 56.3% 60.3% 57.0% 60.7% Noninterest expense Efficiency Ratio 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 1 1Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP. Adjusted Noninterest Expense $84,818 $85,295 $89,546 $89,308 $91,179 59.8% 56.1% 59.5% 55.4% 53.8% Adjusted noninterest expense Adjusted Efficiency Ratio 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 ($ in thousands)Includes merger- related charges of $10.8 million 1 1

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![](sbcf3q2025earningspresen009.jpg)

9THIRD QUARTER 2025 EARNINGS PRESENTATION $10,205 $10,300 $10,443 $10,609 $10,964 5.94% 5.93% 5.90% 5.98% 5.96% 5.58% 5.48% 5.58% 5.58% 5.61% Yield Excluding Accretion on Acquired Loans Reported Yield Total Loans 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 6.6% 3.7% 5.6% 6.4% 7.6% 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 Annualized Organic Loan Growth Total Loans End-of-Period ($ in millions) Consistent Strong Loan Growth Supported by an Expanding Pipeline Loans outstanding increased by $355.3 million, or 13.3% annualized, from the prior quarter. Excluding the impact of the Heartland acquisition, loans increased 7.6% annualized. The late stage loan pipeline increased 32% to $1.2 billion. Loan yields declined two basis points from the prior quarter to 5.96%. Excluding the effect of accretion on acquired loans, yields increased three basis points from the prior quarter to 5.61%.

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![](sbcf3q2025earningspresen010.jpg)

10THIRD QUARTER 2025 EARNINGS PRESENTATION At September 30, 2025 Loan Portfolio Mix Seacoast's lending strategy results in a diverse and granular loan portfolio. Seacoast's average loan size is $435 thousand and the average commercial loan size is $871 thousand. Portfolio diversification in terms of asset mix, industry, and loan type has been a critical element of the Company's lending strategy. Exposures across industries and collateral types are broadly distributed. Construction and land development and commercial real estate loans, as defined in regulatory guidance, represent 32% and 223%, respectively, of total consolidated risk-based capital1. CRE-Retail, 12% CRE-Office, 5% CRE-Multifamily 5+, 4% CRE-Hotel/Motel, 2% CRE-Industrial/Warehouse, 6% CRE-Other, 5% OOCRE, 17% Construction & Land Development, 6% Commercial & Financial, 16% Residential, 25% Consumer, 2% 1Estimated

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![](sbcf3q2025earningspresen011.jpg)

11THIRD QUARTER 2025 EARNINGS PRESENTATION Allowance for Credit Losses and Purchase Discount ($ in thousands) Loans Outstanding Allowance for Credit Losses % of Loans Outstanding Purchase Discount % of Loans Outstanding Construction and Land Development $616,475 $7,366 1.19 % $1,543 0.25 % Owner Occupied Commercial Real Estate 1,898,704 14,160 0.75 15,324 0.81 Commercial Real Estate 3,766,541 49,804 1.32 44,820 1.19 Residential Real Estate 2,694,794 42,318 1.57 30,463 1.13 Commercial & Financial 1,807,932 26,561 1.47 9,302 0.51 Consumer 179,727 7,244 4.03 750 0.42 Total $10,964,173 $147,453 1.34 % $102,202 0.93 % The total allowance for credit losses of $147.5 million as of September 30, 2025 represents management's estimate of lifetime expected credit losses. The $102.2 million remaining unrecognized discount on acquired loans represents 0.93% of total loans. Additionally, a reserve for potential credit losses on lending-related commitments of $6.1 million is reflected within Other Liabilities.

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![](sbcf3q2025earningspresen012.jpg)

12THIRD QUARTER 2025 EARNINGS PRESENTATION Net Charge-Offs $7,445 $6,113 $7,038 $2,462 $3, 2080.29% 0.24% 0.27% 0.09% 0.12% NCO NCO/Average Loans 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 ($ in thousands) Allowance for Credit Losses $140,469 $138,055 $140,267 $142,184 $147,453 1.38% 1.34% 1.34% 1.34% 1.34% ACL ACL/Total Loans 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 Continued Strong Asset Quality Trends Nonperforming Loans $80,857 $92,446 $71,018 $64,198 $60, 5620.79% 0.90% 0.68% 0.61% 0.55% 0.50% 0.15% 0.16% 0.13% 0.19% NPL NPL/Total Loans Accruing Past Due / Total Loans 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 Criticized and Classified Loans $264,140 $223,859 $251,428 $253,693 $274,021 2.59% 2.17% 2.41% 2.39% 2.50% Criticized and Classified Loans Criticized and Classified Loans / Total Loans 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25

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![](sbcf3q2025earningspresen013.jpg)

13THIRD QUARTER 2025 EARNINGS PRESENTATION Investment Securities Performance and Composition High quality portfolio consisting of 91% agency backed securities, with the remainder comprised primarily of highly-rated investment grade bonds. CLO portfolio is entirely AA/AAA rated. Net unrealized losses in the AFS portfolio decreased during the third quarter by $35.5 million, driven by lower long-term interest rates, which contributed $0.31 to the increase in tangible book value per share. Portfolio yield increased five basis points to 3.92% from 3.87% in the prior quarter, reflecting purchases of $385 million of primarily agency mortgage-backed securities with an average yield of 5.03%. Net Unrealized Loss in Securities ($ in thousands) 9/30/2025 6/30/2025 △ from 2Q'25 Total Available-for-Sale $(120,242) $(155,785) $35,543 Total Held-to-Maturity (100,220) (110,125) 9,905 Total Securities $(220,462) $(265,910) $45,448 ($ in m ill io ns) $2,806 $2,862 $3,253 $3,479 $3,811 $646 $635 $625 $613 $599 $2,160 $2,227 $2,628 $2,866 $3,212 3.75% 3.77% 3.88% 3.87% 3.92% HTM Securities AFS Securities Yield 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25

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![](sbcf3q2025earningspresen014.jpg)

14THIRD QUARTER 2025 EARNINGS PRESENTATION Deposits End-of-Period ($ in millions) $12,244 $12,242 $12,575 $12,498 $13,090 Transaction Accounts Savings Money Market Brokered Time Deposits 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 Granular, Diverse and Relationship-Focused Customer Funding Base The Company benefits from a granular deposit franchise, with the top ten depositors representing approximately 3% of total deposits. Customer transaction account balances represent 48% of total deposits. Consumer deposits represent 41% of total deposits, with an average balance per account of $25 thousand. Business deposits represent 59% of total deposits, with an average balance per account of $114 thousand. The average tenure for a Seacoast customer is 10 years. 48%47%50%50%49% 5% 4%4%4%4% 33% 33% 33% 33% 34% 2% 2% 2% 4% 1%12% 11% 11% 11% 12%

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![](sbcf3q2025earningspresen015.jpg)

15THIRD QUARTER 2025 EARNINGS PRESENTATION $705 $(326) $212 Total Deposits at 6/30/2025 Acquired Heartland Deposits Decline in Brokered Deposits Net Organic Deposit Growth Total Deposits at 9/30/2025 3Q'25 Growth in Deposits ($ in millions) Strong Deposit Growth and Well-Managed Deposit Costs Organic deposit growth of $212.3 million, or 7% annualized, of which $80.4 million was noninterest bearing, during the third quarter. Continued focus on organic growth and relationship- based funding. The addition of commercial talent onboarding new relationships, in combination with our innovative analytics platform, supports a well- diversified, low-cost deposit portfolio. 12-Month Trend for Cost of Deposits 2.16% 2.09% 1.98% 1.93% 1.93% 1.92% 1.85% 1.78% 1.78% 1.83% 1.84% 1.77% Oct'24 Nov'24 Dec'24 Jan'25 Feb'25 Mar'25 Apr'25 May'25 Jun'25 Jul'25 Aug'25 Sep'25 $13,090$12,498 7% annualized organic deposit growth

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16THIRD QUARTER 2025 EARNINGS PRESENTATION $16.20 $16.12 $16.71 $17.19 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 9.6% 9.6% 9.6% 9.8% 9.8% 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 16.1% 16.2% 16.1% 16.1% 15.9%14.7% 14.8% 14.7% 14.6% 14.5% Total Risk Based Capital Tier 1 Ratio 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 10.3% 10.9% 10.2% 12.8% 10.7%10.3% 12.7% 10.3% 13.3% 13.0% GAAP - ROTCE Adjusted - ROTCE 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 1Non-GAAP measure, see "Explanation of Certain Unaudited Non-GAAP Financial Measures" for more information and a reconciliation to GAAP. 2FDICIA defines well capitalized as 10.0% for total risk-based capital and 8.0% for Tier 1 ratio at a total Bank level. 3 Current quarter ratios are estimated. Tangible Book Value Per Share Tangible Common Equity / Tangible Assets Total Risk-Based and Tier 1 Capital3Return on Tangible Common Equity 1 10.0%2 8.0%2 Robust Capital Position Supporting a Fortress Balance Sheet $17.61

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17THIRD QUARTER 2025 EARNINGS PRESENTATION Appendix

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18THIRD QUARTER 2025 EARNINGS PRESENTATION Quarterly Trend Nine Months Ended ($ in thousands) 3Q'25 2Q'25 1Q'25 4Q'24 3Q'24 3Q'25 3Q'24 Commercial pipeline at period end $1,134,119 $861,237 $904,111 $634,150 $773,492 $1,134,119 $773,492 Commercial loan originations 757,912 715,271 422,837 748,342 518,041 1,896,020 1,165,644 Residential pipeline-saleable at period end 21,320 14,371 15,495 6,727 11,222 21,320 11,222 Residential loans-sold 20,216 26,362 15,531 11,764 23,200 62,109 59,922 Residential pipeline-portfolio at period end 19,869 29,160 37,532 35,068 21,920 19,869 21,920 Residential loans-retained 56,807 58,201 70,322 99,916 51,507 185,330 145,373 Consumer pipeline at period end 20,336 16,174 24,433 17,384 24,447 20,336 24,447 Consumer originations 58,638 53,784 46,732 42,607 65,140 159,154 173,357 Total Pipelines at Period End $1,195,644 $920,942 $981,571 $693,329 $831,081 $1,195,644 $831,081 Total Originations $893,573 $853,618 $555,422 $902,629 $657,888 $2,302,613 $1,589,852 Loan Production and Pipeline Trend

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19THIRD QUARTER 2025 EARNINGS PRESENTATION Acquisition of Villages Bancorporation, Holding Company of Citizens First Bank Note: Deposit data as of June 30, 2025 Sources: S&P Capital IQ Pro. FDIC Transformative acquisition of Villages Bancorporation, Inc. ("VBI"), holding company of Citizens First Bank, established in 1991 by the developers of , a unique, affluent and growing 55+ residential community development in central Florida Adds $4.1 billion assets, $1.3 billion loans and $3.5 billion low-cost deposits and provides Seacoast with a long-term, scalable banking platform in that will benefit from the growth of the population and the development itself Scarcity value of acquiring the leading bank located within community with 51% market share VBI's profitable but low-risk balance sheet and a transaction structure that utilizes Seacoast's excess capital drive notable improvement in Seacoast's performance metrics and ~24% earnings accretion, with limited execution risk Consistently strong earnings stream, averaging over 1.00% ROA over the past 5 years with a conservative and highly liquid balance sheet: 38% loan / deposit ratio and 1.40% cost of deposits provide runway for additional high margin growth Banking Subsidiary of Villages Bancorporation, Inc.

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20THIRD QUARTER 2025 EARNINGS PRESENTATION A Strategically Compelling Acquisition with Granular Core Deposits 1. Deposit data for Florida-based banks as of June 30, 2025. Reflects Florida domiciled deposits. Excludes Raymond James Financial, Inc. 2. 2026 fully-phased in EPS accretion. For illustrative purposes, assumes transaction closes December 31, 2025, cost savings are 100% phased-in and excludes one-time transaction related costs 3. Financial data as of June 30, 2025 Source: S&P Capital IQ Pro • Double-digit EPS accretion of ~24%² with a tangible book value earnback period of approximately 2.8 years • Provides scale and efficiencies to improve profitability positioning relative to peers • Drives high returns for shareholders through a conservatively modeled and low-execution risk transaction with long-term franchise value benefit • Significant revenue synergies from delivering Seacoast's products and capabilities to VBI's customers (not modeled) Financially Attractive • Limited loan portfolio with opportunity to expand while maintaining a track record of conservative credit with 0.00% NCOs / Avg. Loans³ • Fills a gap in Seacoast's Florida footprint in one of the last untapped (and historically inaccessible) growth markets in the state • The Villages' master-planned community model has proven scalable, with seamless integration of new neighborhoods and amenities that will continue to provide consumer and commercial banking opportunities • Seacoast's long history of acquisition and integration experience mitigates integration risk Well-Positioned for Future Success • Creates a ~$21 billion asset franchise in some of the fastest growing markets in the United States, ranking as the 2nd largest publicly-traded bank in Florida by deposit market share and the largest pure play Florida public bank¹ • Provides an ample source of long-term, low cost liquidity and a new and growing customer base primarily composed of affluent retirees with predictable income streams and a need for multiple banking products • Strong mortgage platform with robust mortgage lending opportunities throughout The Villages and the surrounding areas • Right of first refusal and exclusivity provisions protect Seacoast's position and ability to grow along with the population and development itself Strategic Rationale

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21THIRD QUARTER 2025 EARNINGS PRESENTATION Selected Assets and Liabilities Prior to Acquisition (excludes purchase accounting and fair value adjustments) October 2025 Acquisition of Villages Bancorporation, Inc. (in thousands) September 30, 2025 Selected Assets: Cash and cash equivalents $33,121 Securities 2,534,696 Loans 1,272,077 Selected Liabilities: Noninterest bearing deposits $556,865 Interest bearing deposits/Savings/MMA 2,169,501 Time deposits 690,892 Total Deposits $3,417,258 Preliminary Purchase Price Information (in thousands, except share data) Cash consideration, including cash in lieu of fractional shares $183,360 Common Stock consideration (9,923,263 shares issued at October 1 closing price) 302,660 Preferred Stock consideration (11,250 shares1 issued at October 1 closing price) 343,125 Total merger consideration $829,145 Purchase accounting and fair value adjustments are pending completion. • Estimated credit losses on loans identified as Purchase Credit Deteriorated (PCD) loans will be recorded as allowance for credit losses. • Estimated credit losses on non-PCD loans will be recorded as an adjustment to provision for credit losses at the acquisition date. 1 Preferred stock is 1/1000th share for every share of common stock

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22THIRD QUARTER 2025 EARNINGS PRESENTATION Recognition 2nd consecutive year 5th consecutive year 1st time winner5th consecutive year 2nd consecutive year 3rd consecutive year 1st time winner

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23THIRD QUARTER 2025 EARNINGS PRESENTATION This presentation contains financial information determined by methods other than Generally Accepted Accounting Principles ("GAAP"). The financial highlights provide reconciliations between GAAP and adjusted financial measures including net income, noninterest income, noninterest expense, tax adjustments and other financial ratios. Management uses these non-GAAP financial measures in its analysis of the Company's performance and believes these presentations provide useful supplemental information, and a clearer understanding of the Company's performance. The Company believes the non-GAAP measures enhance investors' understanding of the Company's business and performance and if not provided would be requested by the investor community. These measures are also useful in understanding performance trends and facilitate comparisons with the performance of other financial institutions. The limitations associated with operating measures are the risk that persons might disagree as to the appropriateness of items comprising these measures and that different companies might define or calculate these measures differently. The Company provides reconciliations between GAAP and these non-GAAP measures. These disclosures should not be considered an alternative to GAAP. Explanation of Certain Unaudited Non-GAAP Financial Measures

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24THIRD QUARTER 2025 EARNINGS PRESENTATION Quarterly Trend Nine Months Ended (Amounts in thousands except per share data) 3Q'25 2Q'25 1Q'25 4Q'24 3Q'24 3Q'25 3Q'24 Net Income $36,467 $42,687 $31,464 $34,085 $30,651 $110,618 $86,901 Total noninterest income 23,818 24,521 22,180 17,068 23,679 70,519 66,360 Securities losses (gains), net 841 (39) (196) 8,388 (187) 606 (372) Total Adjustments to Noninterest Income 841 (39) (196) 8,388 (187) 606 (372) Total Adjusted Noninterest Income 24,659 24,482 21,984 25,456 23,492 71,125 65,988 Total noninterest expense 101,987 91,730 90,597 85,575 84,818 284,314 257,726 Merger-related charges (10,808) (2,422) (1,051) — — (14,281) — Business continuity expenses - hurricane events — — — (280) — — — Branch reductions and other expense initiatives — — — — — — (7,094) Adjustments to Noninterest Expense (10,808) (2,422) (1,051) (280) — (14,281) (7,094) Adjusted Noninterest Expense 91,179 89,308 89,546 85,295 84,818 270,033 250,632 Income Taxes 10,461 12,589 9,386 9,513 8,602 32,436 25,341 Tax effect of adjustments 2,952 604 217 2,197 (47) 3,773 1,703 Adjusted Income Taxes 13,413 13,193 9,603 11,710 8,555 36,209 27,044 Adjusted Net Income $45,164 $44,466 $32,102 $40,556 $30,511 $121,732 $91,920 Earnings per diluted share, as reported 0.42 0.50 0.37 0.40 0.36 1.28 1.02 Adjusted Earnings per Diluted Share $0.52 $0.52 $0.38 $0.48 $0.36 $1.41 $1.08 Average diluted shares outstanding 87,425 85,479 85,388 85,302 85,069 86,154 84,915 GAAP to Non-GAAP Reconciliation

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25THIRD QUARTER 2025 EARNINGS PRESENTATION Quarterly Trend Nine Months Ended (Amounts in thousands except per share data) 3Q'25 2Q'25 1Q'25 4Q'24 3Q'24 3Q'25 3Q'24 Adjusted Noninterest Expense $91,179 $89,308 $89,546 $85,295 $84,818 $270,033 $250,632 Provision for credit losses on unfunded commitments (150) (150) (150) (250) (250) (450) (751) Other real estate owned expense and net gain (loss) on sale 346 (8) (241) (84) (491) 97 (356) Amortization of intangibles (6,005) (5,131) (5,309) (5,587) (6,002) (16,445) (18,297) Net Adjusted Noninterest Expense 85,370 84,019 83,846 79,374 78,075 253,235 231,228 Average tangible assets $15,658,723 $15,004,763 $14,593,955 $14,397,331 $14,184,085 $15,089,715 $14,023,961 Net Adjusted Noninterest Expense to Average Tangible Assets 2.16 % 2.25 % 2.33 % 2.19 % 2.19 % 2.24 % 2.20 % Net Revenue $157,286 $151,385 $140,697 $132,872 $130,344 $449,368 $382,527 Total Adjustments to Net Revenue 841 (39) (196) 8,388 (187) 606 (372) Impact of FTE adjustment 438 431 340 311 310 1,209 763 Adjusted Net Revenue on a FTE basis $158,565 $151,777 $140,841 $141,571 $130,467 $451,183 $382,918 Adjusted Efficiency Ratio 53.84 % 55.36 % 59.53 % 56.07 % 59.84 % 56.13 % 60.39 % Net Interest Income $133,468 $126,864 $118,517 $115,804 $106,665 $378,849 $316,167 Impact of FTE adjustment 438 431 340 311 310 1,209 763 Net Interest Income Including FTE adjustment 133,906 127,295 118,857 116,115 106,975 380,058 316,930 Total noninterest income 23,818 24,521 22,180 17,068 23,679 70,519 66,360 Total noninterest expense less provision for credit losses on unfunded commitments 101,837 91,580 90,447 85,325 84,568 283,864 256,975 Pre-Tax Pre-Provision Earnings 55,887 60,236 50,590 47,858 46,086 166,713 126,315 Total Adjustments to Noninterest Income 841 (39) (196) 8,388 (187) 606 (372) Total Adjustments to Noninterest Expense including other real estate owned expense and net loss on sale 10,462 2,430 1,292 364 491 14,184 7,450 Adjusted Pre-Tax Pre-Provision Earnings $67,190 $62,627 $51,686 $56,610 $46,390 $181,503 $133,393 GAAP to Non-GAAP Reconciliation

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26THIRD QUARTER 2025 EARNINGS PRESENTATION Quarterly Trend Nine Months Ended (Amounts in thousands except per share data) 3Q'25 2Q'25 1Q'25 4Q'24 3Q'24 3Q'25 3Q'24 Average Assets $16,486,017 $15,801,194 $15,395,642 $15,204,041 $14,996,846 $15,898,279 $14,843,007 Less average goodwill and intangible assets (827,294) (796,431) (801,687) (806,710) (812,761) (808,564) (819,046) Average Tangible Assets $15,658,723 $15,004,763 $14,593,955 $14,397,331 $14,184,085 $15,089,715 $14,023,961 Return on Average Assets (ROA) 0.88 % 1.08 % 0.83 % 0.89 % 0.81 % 0.93 % 0.78 % Impact of other adjustments for Adjusted Net Income 0.21 0.05 0.02 0.17 — 0.09 0.05 Adjusted ROA 1.09 1.13 0.85 1.06 0.81 1.02 0.83 ROA 0.88 1.08 0.83 0.89 0.81 0.93 0.78 Impact of removing average intangible assets and related amortization 0.16 0.16 0.15 0.17 0.18 0.16 0.18 Return on Average Tangible Assets (ROTA) 1.04 1.24 0.98 1.06 0.99 1.09 0.96 Impact of other adjustments for Adjusted Net Income 0.22 0.05 0.02 0.18 (0.01) 0.10 0.05 Adjusted ROTA 1.26 % 1.29 % 1.00 % 1.24 % 0.98 % 1.19 % 1.01 % Average Shareholders' Equity $2,345,233 $2,252,208 $2,214,995 $2,203,052 $2,168,444 $2,271,289 $2,134,941 Less average goodwill and intangible assets (827,294) (796,431) (801,687) (806,710) (812,761) (808,564) (819,046) Average Tangible Equity 1,517,939 1,455,777 1,413,308 1,396,342 1,355,683 1,462,725 1,315,895 Return on Average Shareholders' Equity 6.17 % 7.60 % 5.76 % 6.16 % 5.62 % 6.51 % 5.44 % Impact of removing average intangible assets and related amortization 4.53 5.22 4.41 4.74 4.69 4.72 4.77 Return on Average Tangible Common Equity (ROTCE) 10.70 12.82 10.17 10.90 10.31 11.23 10.21 Impact of other adjustments for Adjusted Net Income 2.28 0.49 0.18 1.84 (0.04) 1.02 0.51 Adjusted ROTCE 12.98 % 13.31 % 10.35 % 12.74 % 10.27 % 12.25 % 10.72 % Loan Interest Income1 $162,341 $157,499 $150,973 $152,303 $151,282 $470,812 $446,108 Accretion on acquired loans (9,543) (10,583) (8,221) (11,717) (9,182) (28,347) (29,955) Loan interest income excluding accretion on acquired loans $152,798 $146,916 $142,752 $140,586 $142,100 $442,465 $416,153 GAAP to Non-GAAP Reconciliation

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27THIRD QUARTER 2025 EARNINGS PRESENTATION Quarterly Trend Nine Months Ended (Amounts in thousands except per share data) 3Q'25 2Q'25 1Q'25 4Q'24 3Q'24 3Q'25 3Q'24 Yield on Loans1 5.96 % 5.98 % 5.90 % 5.93 % 5.94 % 5.95 % 5.93 % Impact of accretion on acquired loans (0.35) (0.40) (0.32) (0.45) (0.36) (0.36) (0.40) Yield on loans excluding accretion on acquired loans 5.61 % 5.58 % 5.58 % 5.48 % 5.58 % 5.59 % 5.53 % Net Interest income1 $133,906 $127,295 $118,857 $116,115 $106,975 $380,058 $316,930 Accretion on acquired loans (9,543) (10,583) (8,221) (11,717) (9,182) (28,347) (29,955) Net interest income excluding accretion on acquired loans $124,363 $116,712 $110,636 $104,398 $97,793 $351,711 $286,975 Net Interest Margin1 3.57 % 3.58 % 3.48 % 3.39 % 3.17 % 3.55 % 3.19 % Impact of accretion on acquired loans (0.25) (0.29) (0.24) (0.34) (0.27) (0.27) (0.30) Net interest margin excluding accretion on acquired loans 3.32 % 3.29 % 3.24 % 3.05 % 2.90 % 3.28 % 2.89 % Securities Interest Income1 $36,029 $32,519 $29,422 $26,986 $26,005 $97,971 $72,634 Tax equivalent adjustment on securities (10) (7) (7) (7) (8) (25) (22) Securities interest income excluding tax equivalent adjustment 36,019 32,512 29,415 26,979 25,997 97,946 72,612 Loan Interest Income1 162,341 157,499 150,973 152,303 151,282 470,812 446,108 Tax equivalent adjustment on loans (428) (424) (333) (304) (302) (1,184) (741) Loan interest income excluding tax equivalent adjustment 161,913 157,075 150,640 151,999 150,980 469,628 445,367 Net Interest Income1 133,906 127,295 118,857 116,115 106,975 380,058 316,930 Tax equivalent adjustment on securities (10) (7) (7) (7) (8) (25) (22) Tax equivalent adjustment on loans (428) (424) (333) (304) (302) (1,184) (741) Net interest income excluding tax equivalent adjustment $133,468 $126,864 $118,517 $115,804 $106,665 $378,849 $316,167 1 On a fully taxable equivalent basis. All yields and rates have been computed using amortized cost. GAAP to Non-GAAP Reconciliation

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