Seacoast Banking of Florida (Seacoast Banking of Florida) Allowance For Loans And Lease Losses : $-148.9 Mil (As of Dec. 2023)

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What is Seacoast Banking of Florida Allowance For Loans And Lease Losses?

Seacoast Banking of Florida's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-148.9 Mil.

Seacoast Banking of Florida's quarterly Allowance For Loans And Lease Losses increased from Jun. 2023 ($-159.7 Mil) to Sep. 2023 ($-149.7 Mil) and increased from Sep. 2023 ($-149.7 Mil) to Dec. 2023 ($-148.9 Mil).

Seacoast Banking of Florida's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-83.3 Mil) to Dec. 2022 ($-113.9 Mil) and declined from Dec. 2022 ($-113.9 Mil) to Dec. 2023 ($-148.9 Mil).

Seacoast Banking of Florida Allowance For Loans And Lease Losses Historical Data

The historical data trend for Seacoast Banking of Florida's Allowance For Loans And Lease Losses 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 Allowance For Loans And Lease Losses Chart

Seacoast Banking of Florida Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-35.15

-92.73

-83.32

-113.90

-148.93

Seacoast Banking of Florida Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-155.64	-159.72	-149.66	-148.93	-146.67

Seacoast Banking of Florida Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Seacoast Banking of Florida Allowance For Loans And Lease Losses Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Seacoast Banking Corp of Florida (NAS:SBCF) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

815 Colorado Avenue, Stuart, FL, USA, 34994

Website

https://www.seacoastbanking.com

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