Seacoast National Bank in Stuart, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Seacoast National Bank - Overview

  • General
  • FDIC Certificate #: 131
    Status: Active
    Federal Reserve ID: 34537
    Bank Holding Company (Regulatory Top Holder): Capgen Capital Group Iii Lp (RSSDID: 3962640, Location: New York, NY)
    Date Established: January 01, 1933
    WWW: http://www.seacoastnational.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 42 (Domestic: 42, Interstate: No)
    FDIC's unique #: 99
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: August 12, 2006
    Last Structure Change Process Date: October 25, 2006
    Last Data Update: October 25, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 815 Colorado Avenue, Stuart, FL 34995
    County: Martin
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: South Florida
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Fort Pierce-Port St. Lucie, FL (#2710)
    Combined Statistical Area (CSA): Port St. Lucie-Sebastian-Vero Beach, FL (#442)
    Core Based Statistical Area (CBSA): Port St. Lucie, FL (#38940)
    CBSA Metro Statistical Area: Port St. Lucie, FL (#38940)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $2,135.8 mil
    Equity capital: $211.0 mil
    Deposits held in domestic offices: $1,726.5 mil
    Return on assets (ROA): 0.39% ($8.3 mil)
    Quarterly return on assets: 0.55% ($11.7 mil)
    Return on Equity (ROE): 3.98% ($8.4 mil)
    Quarterly return on equity: 5.46% ($11.5 mil)
    Net income: $8.1 mil
    Quarterly Net income: $2.9 mil
    Pretax return on assets: 0.39% ($8,329.4 mil)
    Quarterly Pretax return on assets: 0.55% ($11,746.6 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 420Total employees (full-time equivalent)
  • $2,135,751Total assets
  • $167,081Cash and due from depository institutions
  • $125,945Interest-bearing balances
  • $668,339Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,189,304Net loans & leases
  • $25,565Loan loss allowance
  • $0Trading account assets
  • $34,227Bank premises and fixed assets
  • $20,946Other real estate owned
  • $2,289Goodwill and other intangibles
  • $2,135,751Life insurance assets
  • $53,565All other assets
  • $1,924,779Total liabilities and capital
  • $1,726,521Total liabilities
  • $1,390,384Total deposits
  • $1,726,521Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 139599.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $50,000Trading liabilities
  • $0Other borrowed funds
  • $8,659Subordinated debt
  • $210,972All other liabilities
  • $210,972Total equity capital
  • $210,972Total bank equity capital
  • $0Perpetual preferred stock
  • $56,793Common stock
  • $281,819Surplus
  • $-127,640Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $6,795Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $28,526Income earned, not collected on loans
  • $0Earning assets
  • $5,871Long-term assets (5+ years)
  • $1,983,588Average Assets, year-to-date
  • $843,338Average Assets, quarterly
  • $2,072,155Volatile liabilities
  • $2,092,575Insider loans
  • $1,224,903FHLB advances
  • $2,081,871Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $203,739Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $161,372Restructured Loans and leases
  • $6,939Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $80,792Total interest income
  • $12,880Total interest expense
  • $67,912Net interest income
  • $1,974Provision for loan and lease losses
  • $14,899Total noninterest income
  • $2,111Fiduciary activities
  • $5,930Service charges on deposit accounts
  • $0Trading account gains & fees
  • $6,858Additional noninterest income
  • $73,912Total noninterest expense
  • $33,162Salaries and employee benefits
  • $9,918Premises and equipment expense
  • $30,832Additional noninterest expense
  • $6,925Pre-tax net operating income
  • $1,220Securities gains (losses)
  • $0Applicable income taxes
  • $8,145Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,145Net income attributable to bank
  • $0Net charge-offs
  • $8,145Cash dividends
  • $14,153Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.20%Yield on earning assets
  • 0.67%Cost of funding earning assets
  • 3.53%Net interest margin
  • 0.77%Noninterest income to earning assets
  • 3.84%Noninterest expense to earning assets
  • 0.33%Net operating income to assets
  • 0.39%Return on assets (ROA)
  • 0.39%Pretax return on assets
  • 3.98%Return on equity (ROE)
  • 3.98%Retained earnings to average equity (YTD only)
  • 1.16%Net charge-offs to loans
  • 13.95%Credit loss provision to net charge-offs
  • 0.63%Efficiency ratio
  • 88,231Assets per employee
  • 5.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.10%Loss allowance to noncurrent loans
  • 89.62%Noncurrent assets plus other real estate owned to assets
  • 2.32%Noncurrent loans to loans
  • 2.35%Net loans and leases to deposits
  • 68.88%Net loans and leases to core deposits
  • 72.12%Equity capital to assets
  • 9.88%Core capital (leverage) ratio
  • 9.79%Tier 1 risk-based capital ratio
  • 16.63%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $2,072,155Average earning assets
  • $204,794Average equity
  • $1,923,290Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $186,043Managed Assets
  • 1Number of Accounts
  • $183,317Personal trust and agency accounts
  • $103,167Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $17,230Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $62,920Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 331Number of Accounts
  • $0Personal trust and agency accounts
  • $17,230Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $2,726Other retirement accounts
  • $7Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $2,719Fiduciary accounts held in foreign offices

List of branches

  • 42 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    099Seacoast National Bank815 Colorado Avenue, Stuart, FL 34995January 01, 1933Full Service Brick and Mortar
    1181114Jensen Beach Branch1000 N.E. Commercial Street, Jensen Beach, FL 34957January 31, 1977Full Service Brick and Mortar
    5181117Cove Road Branch5755 S.E. Federal Highway, Stuart, FL 33497November 28, 1983Full Service Brick and Mortar
    6181118Hutchinson Island Branch4392 Ne Ocean Blvd, Jensen Beach, FL 34957December 31, 1984Full Service Brick and Mortar
    8181120Westmoreland1108 South East Port St Lucie Blvd, Port Saint Lucie, FL 34952October 31, 1987Full Service Brick and Mortar
    10181121Wedgewood Commons Branch3200 South Federal Highway, Stuart, FL 34997April 18, 1988Full Service Brick and Mortar
    12181123Bayshore Branch247 S.W. Port St. Lucie Boulevard, Port Saint Lucie, FL 34984September 27, 1990Full Service Brick and Mortar
    15286572Hobe Sound Branch11711 S.E. U.S. #1, Hobe Sound, FL 33455November 18, 1980Full Service Brick and Mortar
    17286577Vero Beach Branch1206 U.S. #1, Vero Beach, FL 32960November 18, 1980Full Service Brick and Mortar
    1944941Fort Pierce Branch1901 South Us Hwy 1, Fort Pierce, FL 34950November 19, 1981Full Service Brick and Mortar
    20274183Tiffany Branch9698 South U.S. #1, Port Saint Lucie, FL 34952December 31, 1934Full Service Brick and Mortar
    22286599Martin Downs Branch2601 S.W. High Meadows Avenue, Palm City, FL 34990June 30, 1987Full Service Brick and Mortar
    23181124Cardinal Branch2940 Cardinal Drive, Vero Beach, FL 32963Febuary 22, 1993Full Service Brick and Mortar
    2614705East Ocean Boulevard Branch2081 Se Ocean Blvd, Stuart, FL 34996October 09, 1973Full Service Brick and Mortar
    29181127Sebastian Walmart Branch2001 U.S. Highway 1, Sebastian, FL 32958August 30, 1996Full Service Brick and Mortar
    33262131St. Lucie West Branch1100 Southwest St. Lucie West Boulevard, Port St. Lucie, FL 34986March 17, 1995Full Service Brick and Mortar
    34181129South Vero Square Branch725 South U.S. Highway 1, Vero Beach, FL 32962April 07, 1997Full Service Brick and Mortar
    35181130Oak Point Branch3730 Seventh Terrace, Vero Beach, FL 32960May 27, 1997Full Service Brick and Mortar
    36181131Sebastian West Branch1110 Roseland Road, Sebastian, FL 32958March 02, 1998Full Service Brick and Mortar
    37181132Vero Walmart Branch5555 20th Street, Vero Beach, FL 32966July 16, 1997Full Service Brick and Mortar
    39360862Jensen Beach West Branch4151 Sthy 1, Jensen Beach, FL 34957July 05, 2000Full Service Brick and Mortar
    42366141Tequesta Branch710 North U.S. Highway 1, Tequesta, FL 33469January 21, 2003Full Service Brick and Mortar
    45436705Indiantown Road Branch585 West Indiantown Road, Jupiter, FL 33458December 28, 2004Full Service Brick and Mortar
    47282121Vero Beach Branch6030 20th Street, Vero Beach, FL 32966July 21, 1997Full Service Brick and Mortar
    50451593Pga Branch3001 Pga Boulevard, Palm Beach Gardens, FL 33410May 08, 2006Full Service Brick and Mortar
    5135858Okeechobee South Parrot Branch1409 South Parrott Avenue, Okeechobee, FL 34974July 14, 1986Full Service Brick and Mortar
    52282482Lake Placid Branch199 North U.S. Highway 27, Lake Placid, FL 33852March 09, 1956Full Service Brick and Mortar
    5314922Clewiston Banking Center Branch300 South Berner Road, Clewiston, FL 33440May 09, 1974Full Service Brick and Mortar
    54253052La Belle Banking Center BranchState Road 80 And Lee Street, La Belle, FL 33440May 07, 1985Full Service Brick and Mortar
    55253054Moore Haven Branch601 Sixth Street, Moore Haven, FL 33471December 01, 1989Full Service Brick and Mortar
    56281360Arcadia Branch1601 East Oak Street, Arcadia, FL 34266June 30, 1985Full Service Brick and Mortar
    57281374Wachula Branch202 North 6th Avenue, Wachula, FL 33873June 30, 1986Full Service Brick and Mortar
    58428094North Parrott Branch500 North Parrott Avenue, Okeechobee, FL 34972April 23, 2004Full Service Brick and Mortar
    59429804St. Lucie West Branch1352 Southwest Saint Lucie West Boulevard, Port Saint Lucie, FL 34987July 06, 2004Full Service Brick and Mortar
    60431483Operations Center Branch1835 Highway 441 Se, Okeechobee, FL 34974May 01, 1993Limited Service Administrative
    6176184East Washington Branch65 North Orange Avenue, Orlando, FL 32801November 15, 1999Full Service Brick and Mortar
    62290904Orlando Messenger Branch65 North Orange Avenue, Orlando, FL 32801November 15, 1999Limited Service Messenger
    63294910Longwood Branch2101 N. State Road 434, Longwood, FL 32779January 18, 2000Full Service Brick and Mortar
    64356664Maitland Branch541 South Orlando Avenue, Ste. 100, Maitland, FL 32751May 22, 2000Full Service Brick and Mortar
    65463140Viera Avenue Branch6711 Lake Andrew Dirve, Viera, FL 32940Febuary 20, 2007Full Service Brick and Mortar
    67475505Gatlin Commons Office1790 Sw Gatlin Boulevard, Saint Lucie West, FL 34953March 10, 2008Full Service Brick and Mortar
    68476965Murrell Road Office Branch5500 Murrell Road, Melbourne, FL 32940April 28, 2008Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Seacoast National Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents