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Seacoast Banking Corporation of Florida (Parent Company Only) Financial Information (Tables)
 12 Months Ended
Dec. 31, 2018
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Summary of Balance Sheet
Balance Sheets
 
 
 
December 31,
(In thousands)
 
2018
 
2017
Assets
 
 

 
 

Cash
 
$
197

 
$
1,154

Securities purchased under agreement to resell with subsidiary bank, maturing within 30 days
 
40,130

 
33,151

Investment in subsidiaries
 
897,683

 
711,973

Other assets
 
777

 
21,337

 
 
$
938,787

 
$
767,615

 
 
 
 
 
Liabilities and Shareholders' Equity
 
 
 
 
Subordinated debt
 
$
70,804

 
$
70,521

Other liabilities
 
3,716

 
7,430

Shareholders' equity
 
864,267

 
689,664

 
 
$
938,787

 
$
767,615
Summary of Statements of Income (Loss)
Statements of Income (Loss)
 
 
 
Year Ended December 31,
(In thousands)
 
2018
 
2017
 
2016
Income
 
 

 
 

 
 

Interest/other
 
$
484

 
$
2,104

 
$
352

Dividends from subsidiary Bank
 
—

 
—

 
—

Gain on sale of Visa Class B stock
 
—

 
15,153

 
—

 
 
484

 
17,257

 
352

 
 
 
 
 
 
 
Interest expense
 
3,165

 
2,499

 
2,115

Other expenses
 
879

 
649

 
462

Income (loss) before income taxes and equity in undistributed income of subsidiaries
 
(3,560
)
 
14,109

 
(2,225
)
Income tax provision (benefit)
 
(747
)
 
4,938

 
(801
)
 
 
 
 
 
 
 
Income (loss) before equity in undistributed income of subsidiaries
 
(2,813
)
 
9,171

 
(1,424
)
Equity in undistributed income of subsidiaries
 
70,088

 
33,694

 
30,626

Net income
 
$
67,275

 
$
42,865

 
$
29,202
Summary of Statement of Cash Flows
Statements of Cash Flows
 
 
 
Year Ended December 31,
(In thousands)
 
2018
 
2017
 
2016
Cash flows from operating activities
 
 

 
 

 
 

Adjustments to reconcile net income to net cash provided
by operating activities:
 
 

 
 

 
 

Net Income
 
$
67,275

 
$
42,865

 
$
29,202

Equity in undistributed income of subsidiaries
 
(70,088
)
 
(33,694
)
 
(30,626
)
Gain on sale of Visa Class B stock
 
—

 
(15,153
)
 
—

Net (increase) decrease in other assets
 
(10,045
)
 
1,415

 
(12
)
Net increase (decrease) in other liabilities
 
(3,431
)
 
4,005

 
12

Net cash provided by (used in) operating activities
 
(16,289
)
 
(562
)
 
(1,424
)
 
 
 
 
 
 
 
Cash flows from investing activities
 
 
 
 
 
 
Net cash paid for bank acquisition
 
(6,558
)
 
(27,862
)
 
(28,905
)
Investment in unconsolidated subsidiary
 
—

 
—

 
(200
)
Purchase of Visa Class B stock
 
—

 
(6,180
)
 
—

Proceeds from sale of Visa Class B stock
 
21,333

 
—

 
—

(Increase) decrease in securities purchased under agreement to resell, maturing within 30 days, net
 
(421
)
 
(20,475
)
 
30,647

Net cash provided by (used in) investment activities
 
14,354

 
(54,517
)
 
1,542

 
 
 
 
 
 
 
Cash flows from financing activities
 
 
 
 
 
 
Issuance of common stock, net of related expense
 
—

 
55,641

 
—

Stock based employment benefit plans
 
978

 
(56
)
 
166

Net cash provided by financing activities
 
978

 
55,585

 
166

 
 
 
 
 
 
 
Net change in cash
 
(957
)
 
506

 
284

Cash at beginning of year
 
1,154

 
648

 
364

Cash at end of year
 
$
197

 
$
1,154

 
$
648

 
 
 
 
 
 
 
Supplemental disclosure of cash flow information:
 
 
 
 
 
 
Cash paid during the period for interest
 
$
2,936

 
$
2,205

 
$
1,824