Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2021

At December 31, 2021 and 2020, the Company and Seacoast Bank, its wholly-owned banking subsidiary, were both considered “well capitalized” based on the applicable U.S. regulatory capital ratio requirements as reflected in the table below:


					Minimum to meet “Well Capitalized” Requirements					Minimum for Capital Adequacy Purpose1
(Dollars in thousands)	Amount		Ratio		Amount			Ratio		Amount			Ratio
Seacoast Banking Corporation of Florida
(Consolidated)

At December 31, 2021:
Total Risk-Based Capital Ratio (to risk-weighted assets)	$	1,200,885	18.21	%	n/a			n/a		$	527,630	≥	8.00	%
Tier 1 Capital Ratio (to risk-weighted assets)	1,147,306		17.40		n/a			n/a		395,723		≥	6.00
Common Equity Tier 1 Capital Ratio (to risk-weighted assets)	1,075,656		16.31		n/a			n/a		296,792		≥	4.50
Leverage Ratio (to adjusted average assets)	1,147,306		11.68		n/a			n/a		392,763		≥	4.00
At December 31, 2020:
Total Risk-Based Capital Ratio (to risk-weighted assets)	$	1,029,455	18.51	%	n/a			n/a		$	444,839	≥	8.00	%
Tier 1 Capital Ratio (to risk-weighted assets)	970,594		17.46		n/a			n/a		333,629		≥	6.00
Common Equity Tier 1 Capital Ratio (to risk-weighted assets)	899,225		16.17		n/a			n/a		250,222		≥	4.50
Leverage Ratio (to adjusted average assets)	970,594		11.92		n/a			n/a		325,690		≥	4.00

Seacoast National Bank
(A Wholly Owned Bank Subsidiary)
At December 31, 2021:
Total Risk-Based Capital Ratio (to risk-weighted assets)	$	1,099,439	16.68	%	$	658,819	≥	10.00	%	$	527,055	≥	8.00	%
Tier 1 Capital Ratio (to risk-weighted assets)	1,045,860		15.86		527,055		≥	8.00		395,291		≥	6.00
Common Equity Tier 1 Capital Ratio (to risk-weighted assets)	1,045,856		15.86		428,232		≥	6.50		296,468		≥	4.50
Leverage Ratio (to adjusted average assets)	1,045,860		10.65		490,798		≥	5.00		392,638		≥	4.00
At December 31, 2020:
Total Risk-Based Capital Ratio (to risk-weighted assets)	$	956,592	17.21	%	$	555,772	≥	10.00	%	$	444,617	≥	8.00	%
Tier 1 Capital Ratio (to risk-weighted assets)	897,731		16.15		444,617		≥	8.00		333,463		≥	6.00
Common Equity Tier 1 Capital Ratio (to risk-weighted assets)	897,727		16.15		361,252		≥	6.50		250,097		≥	4.50
Leverage Ratio (to adjusted average assets)	897,731		11.03		406,904		≥	5.00		325,523		≥	4.00
1Excludes the Basel III capital conservation buffer of 2.5%, which if not exceeded may constrain dividends, equity repurchases and compensation.
n/a - not applicable