Seacoast National Bank

815 Colorado Avenue
Stuart, FL 34994

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 131
Date Established 1933
Assets $6.78 billion
Loans $4.81 billion
Deposits $5.61 billion
Capital $0.93 billion

Seacoast National Bank is an FDIC insured institution located in Stuart, FL. It was founded in 1933 and has approximately $6.78 billion in assets. Customers can open an account at one of its 80 branches.

For a more detailed analysis of Seacoast National Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 21, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.01% $2,500 $4,999 Learn MoreShow Less
Money Market
0.01% $10,000 $24,999 Learn MoreShow Less
Money Market
0.01% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
Special: 3 Mo CD
1.25% $1,000 - Learn MoreShow Less
3 Mo CD
0.05% $1,000 - Learn MoreShow Less
Special: 5 Mo CD
1.80% $1,000 - Learn MoreShow Less
6 Mo CD
0.15% $1,000 - Learn MoreShow Less
12 Mo CD
0.25% $1,000 - Learn MoreShow Less
18 Mo CD
0.25% $1,000 - Learn MoreShow Less
24 Mo CD
0.40% $1,000 - Learn MoreShow Less
30 Mo CD
0.40% $1,000 - Learn MoreShow Less
36 Mo CD
0.65% $1,000 - Learn MoreShow Less
48 Mo CD
0.80% $1,000 - Learn MoreShow Less
60 Mo CD
1.00% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.25% $1,000 - Learn MoreShow Less
Special: 3 Mo FIRA
1.25% $1,000 - Learn MoreShow Less
Special: 5 Mo FIRA
1.80% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.20% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1 $2,499 Learn MoreShow Less
Int Ckg
0.01% $2,500 $4,999 Learn MoreShow Less

Loan Rates - September 21, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Seacoast National Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.536% 3.500% 0.50 $1,108 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info

Note to Seacoast National Bank
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Branches

Seacoast National Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Seacoast National Bank Locations


Financial Details

Seacoast National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Seacoast National Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Seacoast National Bank U.S. Bank Average
3.66% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2019, Seacoast National Bank had $23,176,000 in non-current loans and $11,921,000 in owned real estate. To cover these potential losses it had $926,370,000 in equity and $32,822,000 in loans loss reserves. That gives it a Texas Ratio of 3.66%.

Return on Equity
Seacoast National Bank U.S. Bank Average
10.31% 9.47%

Seacoast National Bank has a Return on Equity of 10.31% versus the BestCashCow average of 9.47%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Seacoast National Bank U.S. Bank Average
13.66% 12.49%

Seacoast National Bank has a Capitalization of 13.66% versus the BestCashCow average of 12.49. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Seacoast National Bank Balance Sheet Analysis

As of March 31, 2019, Seacoast National Bank had assets of $6,783,620,000, loans of $4,809,519,000, and deposits of $5,606,624,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2019
ASSETS
Cash & Balances due from depository institutions $0.21 billion
Interest-bearing balances $0.11 billion
Total securities $1.18 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $4.81 billion
Loan loss allowance $0.03 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.01 billion
Goodwill and other intangibles $0.23 billion
All other assets $0.24 billion
     Total Assets $5.86 billion
LIABILITIES
Total deposits $5.61 billion
      Interest-bearing deposits $3.93 billion
      Deposits held in domestic offices $5.61 billion
      % insured (estimated) 69.39%
Federal funds purchased and repurchase agreements $0.19 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.04 billion
Subordinated debt $0.00 billion
All other liabilities $0.03 billion
      Total Liabilities $5.86 billion
      Shareholders’ Equity $0.93 billion

Summary Income Statement

March 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.07 billion
Total Interest Expense $0.01 billion
Net interest income $0.06 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.01 billion
Total non interest expense $0.04 billion
Pre-tax Net Operating Income $0.03 billion

Bank Loan Profile?

The top three loan types in Seacoast National Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Florida, Seacoast National Bank has a significantly higher percent of Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 27.85
Multifamily
Mortgages
2.30
Credit Card Loans 0.01
Consumer Auto Loans 0.28
Small Business Loans 14.62
Construction and Development Loans 8.68
Commercial Real Estate 42.22
Commercial and Industrial Loans 14.04
Farm Loans 0.14

Frequently Asked Questions About Seacoast National Bank

Branches and Savings

Is Seacoast National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #131.

Why does Seacoast National Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Seacoast National Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Seacoast National Bank a commercial bank?

Yes

Where are Seacoast National Bank locations?

See branch locations nearby.

Is Seacoast National Bank open on Saturdays?

Is Seacoast National Bank open on Sundays?

What time does Seacoast National Bank open?

What time does Seacoast National Bank close?

Are Seacoast National Bank ATMs Open 24/7?

Do Seacoast National Bank ATMs accept cash deposits?

Can Seacoast National Bank customers use other ATMs?

Do Seacoast National Bank branches have notaries?

Will Seacoast National Bank notarize my document?

What address for Seacoast National Bank should I put for incoming ACH transfers?

Will the Seacoast National Bank branch print checks?

Do Seacoast National Bank checks expire?

Does Seacoast National Bank require US citizenship to open account?

Can Seacoast National Bank close my account?

Does Seacoast National Bank Report to credit bureaus?

Does Seacoast National Bank Use Equifax?

What is Seacoast National Bank's ACH Routing Number?

What is Seacoast National Bank's SWIFT code?

Products

Does Seacoast National Bank offer mortgages?

Compare mortgage rates here.

Does Seacoast National Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Seacoast National Bank offer personal loans?

Compare personal loan rates here.

Does Seacoast National Bank offer student loans?

Will Seacoast National Bank cash a check?

Will Seacoast National Bank redeem a savings bond?

Does Seacoast National Bank cash savings bonds?

Will Seacoast National Bank cash money orders?

Can Seacoast National Bank issue a money order?

Does Seacoast National Bank do currency exchange?

Background on The Bank

Who owns Seacoast National Bank?

How long has Seacoast National Bank been around?

Can Seacoast National Bank transfer to other banks?

Does Seacoast National Bank have quick pay?

Does Seacoast National Bank accept rolled coins?

Will Seacoast National Bank accept loose change?

Where is Seacoast National Bank headquarters?

Customer Reviews for Seacoast National Bank


  • August 22, 2019 |

    Despite a perfect payment record of their Line of Credit during Four Years, Seacoast Bank arbitrarily sent a demand letter threatening legal action if I do not pay $ 39,000 immediately. The only option offered was tripling payments. Trusting a bank to be able to work out problems encountered is more important than any financial rates of return. Seacoast Bank I am sure know that I will never use their services again, and does not care!!! Their behavior changed very suddenly. I suspect that the sudden change in behavior signals deeper problems within Seacoast Bank.

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