Bailout Bank Bio: Seacoast Banking Corporation of Florida

Jan 28, 2009 | 1 min read | Print Article

Seacoast Banking Corporation of Florida is a bank holding company for Seacoast National Bank. Seacoast National operates in Okeechobee, Highlands, Hendry, Hardee, Glades, DeSoto, Palm Beach, Martin, St. Lucie, Brevard, Indian River, Broward, Orange and Seminole counties in central and southeast Florida. The company operates 43 banking offices and is headquartered in Stuart, Florida. Seacoast Banking will receive $50 million from the Treasury Department through the Capital Purchase Program.

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Bailout Bank Bio: Seacoast Banking Corporation of Florida


Federal Equity Investment	$50 million
Total Revenue	$175.086 million (2007)
Net Income	$9.765 million (2007)
Number of Employees	478
Corporate Headquarters	Stuart, Florida
Business Sector	Banking
Officers and Directors	Hudson, Dennis, Chairman of the Board, Chief Executive Officer Other Officers and Directors
Corporate Website	http://www.seacoastcorp.com/
Executive Compensation	Seacoast Banking Corporation of Florida