SEACOAST BANKING CORP OF FLORIDA
For the period ended Mar 31, 2025. Filed May 7, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 7, 2025
SBCF$34.07-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated statements of comprehensive income months ended and
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited)
| (In thousands) | Three Months Ended March 31, | |
|---|---|---|
| 2025 | 2024 | |
| Net Income | $31,464 | $26,006 |
| Other comprehensive income (loss): | ||
| Unrealized gains (losses) on available-for-sale securities, net of tax expense of $8.6 million for the three months ended March 31, 2025, and net of tax benefit of $1.6 million for the three months ended March 31, 2024 | 27,428 | (7,916) |
| Amortization of unrealized gains on securities transferred to held-to-maturity, net of tax benefit of $3 thousand for each of the three months ended March 31, 2025 and 2024 | (11) | (11) |
| Reclassification adjustment for losses included in net income, and net of tax benefit of $1.0 million for the three months ended March 31, 2024 | — | 2,806 |
| Unrealized (losses) gains on derivatives designated as fair value hedges, net of reclassifications to income, net of tax benefit of $0.1 million for the three months ended March 31, 2025, and net of tax expense of $0.4 million for the three months ended March 31, 2024 | (270) | 1,043 |
| Total other comprehensive income (loss) | $27,147 | $(4,078) |
| Comprehensive Income | $58,611 | $21,928 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.