SEACOAST BANKING CORPORATION OF FLORIDA (NASDAQ:SBCF) Files An 8-K Other Events

Item8.01

On May4, 2017, Seacoast Banking Corporation of Florida, a Florida
corporation (Seacoast or the Company) issued a press release
announcing that Seacoast and Seacoasts wholly-owned subsidiary,
Seacoast National Bank, a national banking association (SNB) had
entered into an Agreement and Plan of Merger (the Merger
Agreement) with Palm Beach Community Bank, a Florida bank (PBCB).
The Merger Agreement provides that, upon the terms and subject to
the conditions set forth in the Merger Agreement, Seacoast will
acquire PBCB to the merger (the Merger) of PBCB with and into
SNB, with SNB surviving the Merger and continuing its corporate
existence under the name Seacoast National Bank.

to General Instruction F to Form 8-K, a copy of the press release
is attached hereto as Exhibit 99.1 and is incorporated into this
Item 8.01 by this reference.

Seacoast will also discuss the Merger in a conference call on
May5, 2017 at 10 a.m. to General Instruction F to Form 8-K, the
slide show presentation related to the Merger and made available
in connection with the conference call is attached hereto as
Exhibit99.2 and is incorporated into this Item8.01 by this
reference, and is also available on Seacoasts Internet website.

All information included in the press release and the slide show
presentation is presented as of the respective dates thereof, and
Seacoast does not assume any obligation to correct or update such
information in the future.

Additional Information

Seacoast and PBCB will be filing a proxy statement/prospectus and
other relevant documents concerning the Merger with the United
States Securities and Exchange Commission (the SEC). This
communication does not constitute an offer to sell or the
solicitation of an offer to buy any securities or a solicitation
of any vote or approval. WE URGE INVESTORS TO READ THE PROXY
STATEMENT/PROSPECTUS AND ANY OTHER DOCUMENTS TO BE FILED WITH THE
SEC IN CONNECTION WITH THE MERGER OR INCORPORATED BY REFERENCE IN
THE PROXY STATEMENT/PROSPECTUS BECAUSE THEY WILL CONTAIN
IMPORTANT INFORMATION.

Investors will be able to obtain these documents free of charge
at the SECs Web site (www.sec.gov). In addition, documents
filed with the SEC by Seacoast will be available free of charge
by contacting Investor Relations at (772) 288-6085.

The directors, executive officers, and certain other members of
management and employees of PBCB are participants in the
solicitation of proxies in favor of the Merger from the PBCB
shareholders.

Important Information for Investors and
Shareholders

Seacoast will file with the SEC a registration statement on
Form S-4 containing a proxy statement of Palm Beach Community
Bank (PBCB) and a prospectus of Seacoast, and Seacoast will file
other documents with respect to the proposed merger. A definitive
proxy statement/prospectus will be mailed to shareholders of
PBCB. Investors and shareholders of Seacoast and PBCB are urged
to read the entire proxy statement/prospectus and other documents
that will be filed with the SEC carefully and in their entirety
when they become available because they will contain important
information. Investors and shareholders will be able to obtain
free copies of the registration statement and the proxy
statement/prospectus (when available) and other documents filed
with the SEC by Seacoast through the website maintained by the
SEC at http://www.sec.gov. Copies of the documents filed with the
SEC by Seacoast will be available free of charge on Seacoasts
internet website or by contacting Seacoast.

PBCB, its directors and executive officers and other members
of management and employees may be considered participants in the
solicitation of proxies in connection with the proposed merger.
Information regarding the participants in the proxy solicitation
and a description of their direct and indirect interests, by
security holdings or otherwise, will be contained in the proxy
statement/prospectus and other relevant materials to be filed
with the SEC when they become available.

Cautionary Notice Regarding Forward-Looking
Statements

This current report on Form 8-K contains forward-looking
statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of
1934, and is intended to be protected by the safe harbor provided
by the same. These statements are subject to numerous risks and
uncertainties. These risks and uncertainties include, but are not
limited to, the following: failure to obtain the approval of
shareholders of PBCB in connection with the merger; the timing to
consummate the proposed merger; the risk that a condition to
closing of the proposed merger may not be satisfied, including a
favorable ruling from the IRS regarding Palm Beachs S corp
status; the risk that a regulatory approval that may be required
for the proposed merger is not obtained or is obtained subject to
conditions that are not anticipated; the parties ability to
achieve the synergies and value creation contemplated by the
proposed merger; the parties ability to promptly and effectively
integrate the businesses of Seacoast and PBCB, including
unexpected transaction costs, including the costs of integrating
operations, severance, professional fees and other expenses; the
diversion of management time on issues related to the merger; the
failure to consummate or any delay in consummating the merger for
other reasons; changes in laws or regulations; the risks of
customer and employee loss and business disruption, including,
without limitation, as the result of difficulties in maintaining
relationships with employees; increased competitive pressures and
solicitations of customers and employees by competitors; the
difficulties and risks inherent with entering new markets; and
changes in general economic conditions. For additional
information concerning factors that could cause actual
conditions, events or results to materially differ from those
described in the forward-looking statements, please refer to the
factors set forth under the headings Risk Factors and Managements
Discussion and Analysis of Financial Condition and Results of
Operations in Seacoasts most recent Form 10-K report and to
Seacoasts most recent Form 8-K reports, which are available
online at www.sec.gov. No assurances can be given that any of the
events anticipated by the forward-looking statements will
transpire or occur, or if any of them do so, what impact they
will have on the results of operations or financial condition of
Seacoast or PBCB.

About SEACOAST BANKING CORPORATION OF FLORIDA (NASDAQ:SBCF)

Seacoast Banking Corporation of Florida is a bank holding company. The Company’s principal subsidiary is Seacoast National Bank, a national banking association (the Bank). The Company and its subsidiaries offer an array of deposit accounts and retail banking services, engage in consumer and commercial lending and provide a range of trust and asset management services, as well as securities and annuity products to its customers. The Company, through its bank subsidiary, provides a range of community banking services to commercial, small business and retail customers, offering a range of transaction and savings deposit products, treasury management services, brokerage, and secured and unsecured loan products, including revolving credit facilities, letters of credit and similar financial guarantees, and asset based financing. The Bank also provides trust and investment management services to retirement plans, corporations and individuals.

SEACOAST BANKING CORPORATION OF FLORIDA (NASDAQ:SBCF) Recent Trading Information

SEACOAST BANKING CORPORATION OF FLORIDA (NASDAQ:SBCF) closed its last trading session up +0.25 at 24.03 with 338,602 shares trading hands.