SEACOAST BANKING CORP OF FLORIDA

For the period ended Sep 30, 2026. Filed Nov 4, 2026.

About 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.

Sep 30, 2026 · Filed Nov 4, 2026

SBCF$34.12+1.7%Stored close · as of Nov 9, 2026

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Contents

Consolidated statements of cash flows – and

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

	Nine Months Ended September 30,
(In thousands)	2026	2025
Cash Flows from Operating Activities
Net income	$151,298	$110,618
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	8,723	6,715
Accretion of discounts on securities, net	(14,018)	(3,858)
Amortization of operating lease ROUAs	7,805	6,793
Other amortization and accretion, net	13,535	2,224
Stock-based compensation	16,209	11,445
Origination of loans designated for sale	(191,183)	(75,987)
Sale of loans designated for sale	199,577	86,383
Provision for credit losses	16,055	22,000
Deferred income taxes	3,038	7,174
Losses on securities	40,126	606
Gains on sale of loans	(6,282)	(4,067)
Losses (gains) on sale and write-downs of bank premises, equipment and OREO	272	(8)
Changes in operating assets and liabilities:
Net increase in other assets	(36,987)	(37,432)
Net increase in other liabilities	63,994	942
Net cash provided by operating activities	$272,162	$133,548
Cash Flows from Investing Activities
Maturities and repayments of debt securities AFS	494,954	369,197
Maturities and repayments of debt securities HTM	33,072	36,460
Proceeds from sale of debt securities AFS	511,140	265,524
Purchases of debt securities AFS	(748,160)	(1,171,727)
Maturities and redemptions of time deposits with other banks	13,926	2,219
Net new loans and principal repayments	(961,369)	(528,685)
Proceeds from the sale of loans held for investment	17,486	19,110
Proceeds from sale of OREO	989	2,960
Proceeds from sale of FHLB and Federal Reserve Bank stock	80,999	31,118
Purchase of FHLB and Federal Reserve Bank stock	(89,385)	(55,185)
Proceeds from BOLI death benefit	—	2,294
Net cash from acquisitions	(3,800)	185,995
Additions to bank premises and equipment	(7,637)	(7,149)
Net cash used in investing activities	$(657,785)	$(847,869)

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

	Nine Months Ended September 30,
(In thousands)	2026	2025
Cash Flows from Financing Activities
Net increase in deposits	$323,816	$142,697
Net (decrease) increase in repurchase agreements	(72,237)	4,176
Net increase of FHLB and other borrowings with original maturities of three months or less	225,000	100,000
Repayments of FHLB and other borrowings with original maturities of more than three months	(735,000)	(105,000)
Proceeds from FHLB and other borrowings with original maturities of more than three months	660,000	450,000
Stock-based employee benefit plans	493	(1,289)
Repurchase of common stock	(39,316)	—
Dividends paid	(62,433)	(46,876)
Net cash provided by financing activities	$300,323	$543,708
Net decrease in cash and cash equivalents	(85,300)	(170,613)
Cash and cash equivalents at beginning of period	388,545	476,607
Cash and cash equivalents at end of period	$303,245	$305,994
Supplemental disclosure of cash flow information:
Cash paid for interest	$231,455	$205,578
Cash paid for taxes, net	32,835	10,380
Recognition of operating lease ROUAs, other than through bank acquisitions, net of terminations	5,851	9,372
Recognition of operating lease liabilities, other than through bank acquisitions, net of terminations	5,905	9,372
Transfers from loans to OREO	176	1,116
1See "Note 11 – Business Combinations" for non-cash transactions related to business combinations.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.