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Seacoast Banking Corporation of Florida (Parent Company Only) Financial Information
 12 Months Ended
Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract]  
Seacoast Banking Corporation of Florida (Parent Company Only) Financial Information
Note 14 - Seacoast Banking Corporation of Florida (Parent Company Only) Financial Information
Balance Sheets
 December 31,
(In thousands)20242023
Assets
Cash$96 $466 
Securities purchased under agreement to resell with subsidiary bank, maturing within 30 days95,734 101,191 
Investment in subsidiaries2,190,338 2,109,341 
Other assets5,879 4,837 
 $2,292,047 $2,215,835 
Liabilities and Shareholders' Equity
Long-term debt$106,966 $106,302 
Other liabilities1,941 1,551 
Shareholders' equity2,183,140 2,107,982 
 $2,292,047 $2,215,835 
Statements of Income
 Year Ended December 31,
(In thousands)202420232022
Income
Interest/other$3,547 $3,573 $897 
Dividends from subsidiary Bank59,600 40,655 48,424 
Total income63,147 44,228 49,321 
Interest expense7,668 7,408 3,090 
Other expenses779 996 1,023 
Total expenses8,447 8,404 4,113 
Income before income taxes and equity in undistributed income of subsidiaries54,700 35,824 45,208 
Income tax benefit(1,029)(1,015)(675)
Income before equity in undistributed income of subsidiaries55,729 36,839 45,883 
Equity in undistributed income of subsidiaries65,257 67,194 60,624 
Net income$120,986 $104,033 $106,507 
Statements of Cash Flows
 Year Ended December 31,
(In thousands)202420232022
Cash flows from operating activities
Adjustments to reconcile net income to net cash provided
by operating activities:
Net Income$120,986 $104,033 $106,507 
Equity in undistributed income of subsidiaries(65,257)(67,194)(60,624)
Net increase in other assets(1,042)(3,029)(13,823)
Net increase in other liabilities1,056 22,646 499 
Net cash provided by operating activities55,743 56,456 32,559 
Cash flows from investing activities
Net cash from bank acquisitions— 10,237 17,610 
Net advances with subsidiary5,471 270 (13,300)
Net cash provided by investment activities5,471 10,507 4,310 
Cash flows from financing activities
Dividends paid(61,649)(60,591)(41,242)
Stock based employment benefit plans945 4,904 4,374 
Repurchase of common stock(880)(10,868)— 
Net cash used in financing activities(61,584)(66,555)(36,868)
Net change in cash(370)408 1 
Cash at beginning of year466 58 57 
Cash at end of year$96 $466 $58 
Supplemental disclosure of cash flow information:
Cash paid during the period for interest$5,511 $5,315 $2,890