Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2022

At December 31, 2022 and 2021, 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, 2022:
Total Risk-Based Capital Ratio (to risk-weighted assets)	$	1,454,168	15.79	%	n/a			n/a		$	736,709	≥	8.00	%
Tier 1 Capital Ratio (to risk-weighted assets)	1,361,832		14.79		n/a			n/a		552,532		≥	6.00
Common Equity Tier 1 Capital Ratio (to risk-weighted assets)	1,277,295		13.87		n/a			n/a		414,399		≥	4.50
Leverage Ratio (to adjusted average assets)	1,361,832		11.46		n/a			n/a		475,134		≥	4.00
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

Seacoast National Bank
(A Wholly Owned Bank Subsidiary)
At December 31, 2022:
Total Risk-Based Capital Ratio (to risk-weighted assets)	$	1,330,836	14.47	%	$	919,904	≥	10.00	%	$	735,923	≥	8.00	%
Tier 1 Capital Ratio (to risk-weighted assets)	1,238,500		13.46		735,923		≥	8.00		551,942		≥	6.00
Common Equity Tier 1 Capital Ratio (to risk-weighted assets)	1,238,496		13.46		597,938		≥	6.50		413,957		≥	4.50
Leverage Ratio (to adjusted average assets)	1,238,500		10.44		620,398		≥	5.00		496,318		≥	4.00
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
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.