| Business Summary | | Seacoast
Banking
Corporation
of
Florida
is
a
bank
holding
company
for
First
National
Bank
and
Trust
Company
of
the
Treasure
Coast
(the
Bank).
Through
the
Bank
and
its
broker-dealer
subsidiary,
Seacoast
offers
a
full
array
of
deposit
accounts
and
retail
banking
services,
engages
in
consumer
and
commercial
lending
and
provides
a
wide
variety
of
trust
and
asset
management
services,
as
well
as
securities
and
annuity
products.
Seacoast's
primary
service
area
consists
of
the
counties
of
Martin,
St.
Lucie
and
Indian
River
on
Florida's
southeastern
coast. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SBCFA
is
the
holding
company
for
the
First
National
Bank
and
Trust
Co.
of
the
Treasure
Coast.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
6%
to
$41.4
million.
Net
interest
income
after
LLP
rose
6%
to
$22.2
million.
Net
income
rose
13%
to
$7.0
million.
Net
interest
income
reflects
higher
average
security
balances,
partially
offset
by
higher
Investor
NOW
balances.
Net
income
reflects
$567
thousand
in
security
gains,
and
increased
brokerage
revenue
and
mortgage
loan
production. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Dale Hudson, 66 Chairman | $251K | Dennis Hudson, III, 45 Pres,
CEO of the Company and CEO of the Bank | 429K | William Hahl, 52 CFO,
Exec. VP - Fin. Group | 232K | A. Douglas Gilbert, 60 Sr.
Exec. VP & COO of the Company & Pres of the Bank | 424K | C. William Curtis, Jr., 62 Sr.
Exec. VP of the Company & CBO of the Company & the Bank | 317K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|