EQUITY CAPITAL

3 Months Ended

Mar. 31, 2016

Equity [Abstract]

Stockholders' Equity Note Disclosure

NOTE H — EQUITY CAPITAL

The Company is well capitalized and at March 31, 2016, the Company and the Company’s principal banking subsidiary, Seacoast National Bank, or “Seacoast National”, met the new common equity Tier 1 capital ratio (CET1) regulatory threshold of 6.5% for well-capitalized institutions under the new Basel III standardized transition approach, as well as risk-based and leverage ratio requirements for well capitalized banks under the regulatory framework for prompt corrective action.