| --- | --- | |-------|-------| | | | | | | | EARNINGS PRESENTATION | | | FOURTH QUARTER 2021 | 20 21 | 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 and Section 21E of the Securities Exchange Act of 1934, including, without limitation, statements about future financial and operating results, cost savings, enhanced revenues, economic and seasonal conditions in t ...

Financial Data and Key Metrics Changes - The company generated $42.3 million in pre-tax, pre-provisioning earnings and grew tangible book value per share by 10% year-over-year to $17.84 [7] - Earnings per share increased by 17% to $0.62 in Q4 2021, with net income rising 24% year-over-year to $36.3 million [17] - Adjusted return on tangible assets was reported at 1.49% [7] - The adjusted efficiency ratio was 53.4% [7] Business Line Data and Key Metrics Changes - Commercial loan originations reached a record $409 million, up 23% from the previous quarter and 47% year-over-year [18] - Consumer lending also saw a record production with originations increasing 9% from the prior quarter and 53% from the prior year [19] - Wealth management division grew with new assets under management of $419 million for the full year, totaling $1.2 billion, a 42% year-over-year increase [20] Market Data and Key Metrics Changes - The company reported a significant migration of affluent individuals and businesses to Florida, contributing to a strong business environment [8] - The loan pipeline reached record levels, indicating robust demand across both commercial and consumer segments [8][41] Company Strategy and Development Direction - The company is focused on enhancing its digital banking platform and expanding its commercial banking team, with plans to launch teams in Jacksonville and Naples [10][11] - Acquisition discussions are ongoing, with expectations for continued M&A opportunities in the coming year [15] - The company aims to maintain a well-capitalized balance sheet and strict underwriting standards while pursuing disciplined growth [14][61] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the economic growth in Florida, citing strong demand for loans and a favorable hiring market [8][70] - The company anticipates continued loan growth in the mid-to-high single digits for 2022, supported by a strong pipeline and recent hires [44] - Management noted that the competitive landscape remains challenging but believes their focus on customer experience will help capture market share [74] Other Important Information - The allowance for loan losses decreased to $83.3 million, reflecting strong portfolio quality trends [57] - The company expects to maintain expense discipline while investing in talent and technology enhancements [35] Q&A Session Summary Question: What is driving the increase in loan production? - Management attributed the increase to strong economic growth in Florida and the expansion of their banking team, which contributed about 20% to the pipeline [68][70] Question: Where are the most opportunities for growth? - Management highlighted the focus on improving customer experiences and leveraging their data analytics platform to drive growth [72][74] Question: What are the expectations for net interest margin (NIM)? - Management expects NIM to stabilize and potentially increase with upcoming rate hikes, while also noting historical deposit betas [76][80] Question: What is the outlook for mortgage banking? - Management anticipates some constraints in mortgage production due to market conditions but expects improvements as the year progresses [91][92] Question: How does the M&A strategy change with the company now over $10 billion? - Management clarified that the focus remains on the right markets rather than shifting to larger targets, with opportunities still available among smaller banks [99]

| --- | --- | --- | --- | |-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | Earnings Presentation | | | | | THIRD QUARTER 2021 RESULTS | | | Contact: (email) Tracey.Dexter@SeacoastBank.com (phone) 772.403.0461 (web) 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 and Section 21E of the Securities Exchange Act of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to __________________. Commission File No. 0-13660 Seacoast Banking Corporation of Florida (Exact Name of Registrant as Specified in its Cha ...

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Q2 2021 Earnings Conference Call October 29, 2021 10:00 AM ET Company Participants Chuck Shaffer - President and Chief Executive Officer Tracey Dexter - Chief Financial Officer Jeff Lee - Chief Digital Officer Conference Call Participants David Feaster - Raymond James Steve Moss - FBR Steve Scouten - Sandler O'Neill Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the trans ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to __________________. Commission File No. 0-13660 Seacoast Banking Corporation of Florida (Exact Name of Registrant as Specified in its Charter) ...

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Q2 2021 Earnings Conference Call July 23, 2021 10:00 AM ET Company Participants Chuck Shaffer - President and Chief Executive Officer Tracey Dexter - Chief Financial Officer Jeff Lee - Chief Digital Officer Conference Call Participants David Feaster - Raymond James Michael Young - SunTrust Robinson Humphrey Steve Moss - B. Riley FBR Inc. Stephen Scouten - Piper Sandler Operator Welcome to Seacoast Banking Corporation’s Second Quarter 2021 Earnings Confer ...

| --- | --- | --- | --- | |-------|-------|-------|-------| | | | | | | | | | | | | | | | | Earnings Presentation | | | | | SECOND QUARTER 2021 RESULTS | | | Contact: (email) Tracey.Dexter@SeacoastBank.com (phone) 772.403.0461 (web) 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 and Section 21E of the Securities Exchange Act of 1934, inc ...

| --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------|-------|-------|-------|-------|-------------------------------------------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | EARNINGS PRESENTATION FIRST QUARTER 2021 | | | | | | | | NASDAQ: PFHD | | | | | FOURTH QUARTER 2020 EARNINGS PRESENTATION | PAGE | FORWARD LOOKING STATEMENTS ! This communication contains forward-looking statements within the meaning of the Private Securities Litigation R ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to __________________. Commission File No. 0-13660 Seacoast Banking Corporation of Florida (Exact Name of Registrant as Specified in its Charter ...