Margin Outlook
Q: How will margins trend forward?
A: Management expects the margin to bottom early and then expand in the latter half of the year if Fed rate cuts occur, though delays may mute the pace of improvement. "

2025 Guidance
Q: What is 2025 margin outlook?
A: While no specific guidance was provided for 2025, management anticipates better spread income as lower fixed‐rate assets reprice and deposit cost growth moderates, setting up a stable earnings base. "

Balance Sheet
Q: How is the balance sheet managed amid rate uncertainty?
A: They are actively managing deposits, pursuing market share, and leveraging strong capital and optionality to maintain a robust balance sheet despite rate volatility. "

Deposit Growth
Q: Will deposit growth persist all year?
A: With an 8% annualized growth rate and a strong deposit pipeline across markets, deposit growth appears set to continue throughout the year. "

Fee Growth
Q: How performed fee and wealth segments?
A: Insurance and wealth management delivered record results, with wealth AUM increasing by $160 million and ample opportunities for cross-selling ahead. "

Loan Mix
Q: Which loan segments will expand?
A: Growth is focused on C&I, retail, and most commercial real estate segments, while lending in office and hospitality remains paused. "

Accretion Rate
Q: Is a 10% accretion run rate sustainable?
A: Accretion income has moderated since post-acquisition periods and is now running at about 10% to 10.5%, though timing can vary. "

Competitive Landscape
Q: How are competitors affecting loan pricing?
A: Competitors have pulled back on aggressive pricing, which has eased competitive pressures and supported Seacoast’s lending initiatives. "

Growth Strategy
Q: What could trigger more aggressive growth?
A: Greater economic clarity—especially on rates and GDP—would provide the confidence to pursue a more aggressive growth strategy. "

Pipeline Source
Q: What drives pipeline expansion?
A: Robust business development and active client acquisition across the franchise are the primary drivers behind the expanding loan pipeline. "

Credit Quality
Q: Are challenged loans larger than portfolio averages?
A: The size of challenged and classified loans remains consistent with the overall portfolio, reflecting normal cycle seasoning without major deviations. "

Talent Acquisition
Q: Is hiring focused on quality bankers?
A: The bank continues to target high-caliber bankers for wealth and treasury management to strengthen its service offerings. "

Talent Strategy
Q: Has competitor activity shifted talent sourcing?
A: There has been no major shift; the focus remains on recruiting regional bankers who fit Seacoast’s comprehensive cross-sell model. "

Deposit Pipeline
Q: Any comments on commercial deposit pipeline size?
A: Specific figures weren’t provided, but management noted that deposit funding aligns with loan pipeline balances through required compensating ratios. "

Loan Exit
Q: Were $30M exits in the hospitality portfolio?
A: Yes, most of the $30 million in loan exits were from the hospitality portfolio, resulting from weaker credits during renewals. "