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Seacoast Banking of Florida (Seacoast Banking of Florida) Capital Adequacy Tier - Tier 1 Ratio % : 14.54% (As of Dec. 2023)


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What is Seacoast Banking of Florida Capital Adequacy Tier - Tier 1 Ratio %?

Capital Adequacy Tier - Tier 1 Ratio % is the ratio of a bank’s core tier 1 capital, which includes its equity capital and disclosed reserves, to its total risk-weighted assets. It is a key measure of a bank's financial strength and should not fall lower than 6% as per Basel III rules.

Seacoast Banking of Florida's Capital Adequacy Tier - Tier 1 Ratio % for the quarter that ended in Dec. 2023 was 14.54% , which is higher than 14.00% for the pervious quarter ended in Sep. 2023.

Seacoast Banking of Florida's Capital Adequacy Tier - Tier 1 Ratio % for the annual that ended in Dec. 2023 was 14.54% , which is lower than 14.79% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Seacoast Banking of Florida's Capital Adequacy Tier - Tier 1 Ratio % or its related term are showing as below:

SBCF's Capital Adequacy Tier - Tier 1 Ratio % is not ranked *
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Capital Adequacy Tier - Tier 1 Ratio % only.

Seacoast Banking of Florida Capital Adequacy Tier - Tier 1 Ratio % Historical Data

The historical data trend for Seacoast Banking of Florida's Capital Adequacy Tier - Tier 1 Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Seacoast Banking of Florida Capital Adequacy Tier - Tier 1 Ratio % Chart

Seacoast Banking of Florida Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Capital Adequacy Tier - Tier 1 Ratio %
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Capital Adequacy Tier - Leverage Ratio %
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Capital Adequacy Tier - Total Capital Ratio %
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Efficiency Overhead Ratio %
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Net Charge Offs to Average Loans %
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Seacoast Banking of FloridaQuarterly Data
Trend Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Capital Adequacy Tier - Tier 1 Ratio %
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Capital Adequacy Tier - Leverage Ratio %
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Capital Adequacy Tier - Total Capital Ratio %
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Efficiency Overhead Ratio %
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Net Charge Offs to Average Loans %
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Competitive Comparison of Seacoast Banking of Florida's Capital Adequacy Tier - Tier 1 Ratio %

For the Banks - Regional subindustry, Seacoast Banking of Florida's Capital Adequacy Tier - Tier 1 Ratio %, along with its competitors' market caps and Capital Adequacy Tier - Tier 1 Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Seacoast Banking of Florida  (NAS:SBCF) Capital Adequacy Tier - Tier 1 Ratio % Calculation

Capital Adequacy Tier - Tier 1 Ratio % is calculated as

Capital Adequacy Tier - Tier 1 Ratio %=Tier 1 Capital / Total Risk Weighted Assets

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Seacoast Banking of Florida  (NAS:SBCF) Capital Adequacy Tier - Tier 1 Ratio % Explanation

Tier 1 capital, or core capital, consists of a bank's common stock, retained earnings, accumulated other comprehensive income, noncumulative perpetual preferred stock and any regulatory adjustments to those accounts. The tier 1 capital ratio is the ratio of a bank’s core capital vs. its total risk-weighted assets (RWAs). The risk-weighted assets are calculated by multiplying the assets that the company holds by their corresponding weights for credit risk (the weight is usually developed by the central bank).

The tier 1 capital ratio is the basis for the Basel III international capital and liquidity standards. The standard is used to force banks to increase capital buffers and ensure they can withstand financial distress before they become insolvent. Basel III rules stipulate that the Tier 1 capital ratio has to be at least 6% and the equity component of Tier 1 capital has to have at least 4.5% of RWAs. A higher Tier 1 ratio suggests that the company has more capital to pay down deposits and is less likely to become insolvent.


Seacoast Banking of Florida Capital Adequacy Tier - Tier 1 Ratio % Related Terms

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Seacoast Banking of Florida (Seacoast Banking of Florida) Business Description

Traded in Other Exchanges
N/A
Address
815 Colorado Avenue, Stuart, FL, USA, 34994
Seacoast Banking Corp of Florida is a holding company for Seacoast National Bank. The Company provides integrated financial services including commercial and consumer banking, wealth management, and mortgage and insurance services to customers across Florida, and through mobile and online banking solutions. In addition, it provides services such as treasury management, brokerage, and credit facilities.
Executives
Charles M Shaffer director, officer: Chairman, President & CEO C/O SEACOAST BANKING CORPORATION OF FL, 815 COLORADO AVE., P. O. BOX 9012, STUART FL 34995
Robert J Lipstein director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Stallings James C Iii officer: EVP, Chief Credit Officer P.O. BOX 9012, STUART FL 34995
Jacqueline Lynette Bradley director 5336 ISLEWORTH COUNTRY CLUB DRIVE, WINDERMERE FL 34786
Maryann Goebel director 411 NORTH NEW RIVER DRIVE EAST, UNIT 2902, FORT LAUDERDALE FL 33301
Dennis J Arczynski director 5771 HAWKES BLUFF AVENUE, DAVIE FL 33331
Thomas E Rossin director C/O SEACOAST BANKING CORPORATION OF FL, P. O. BOX 9012, STUART FL 34995
Christopher E Fogal director 102 NE CHARLESTON OAK DRIVE, PORT ST. LUCIE FL 34983
Alvaro Monserrat director 2400 ACORN PALM ROAD, BOCA RATON FL 33432
Shearouse Joseph B Iii director P.O. BOX 9012, STUART FL 34995
Julie H Daum director 1000 PALM WAY, NORTH PALM BEACH FL 33408
Culbreth H Gilbert Jr director C/O SEACOAST BANKING CORPORATION OF FL, P. O. BOX 9012, STUART FL 34995
Austen Carroll officer: EVP, Chief Lending Officer P.O. BOX 9012, STUART FL 34995
Juliette Kleffel other: EVP of Subsidiary P.O. BOX 9012, STUART FL 34995
Hudson Dennis S Iii director, officer: President & CEO 815 COLORADO AVENUE, P O BOX 9012, STUART FL 34995-9012