UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

________________

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

 

Date of report (Date of earliest event reported): March 14, 2012

 

SEACOAST BANKING CORPORATION OF FLORIDA

(Exact Name of Registrant as Specified in its Charter)

 

Florida 001-13660 59-2260678

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

 

815 Colorado Avenue, Stuart, Florida

 

34994

(Address of Principal Executive Offices) (Zip Code)
       

 

 

Registrant’s telephone number, including area code: (772) 287-4000

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

 

Item 8.01 Other Events.

 

On March 14, 2012, the U.S. Department of the Treasury (“Treasury”) announced its intention to sell its investment in Seacoast Banking Corporation of Florida’s Fixed Rate Cumulative Perpetual Preferred Stock, Series A, par value $0.10 per share, purchased by Treasury through the Capital Purchase Program under the Troubled Asset Relief Program. According to Treasury, Treasury intends to conduct a public auction on or about March 26, 2012 to sell the Series A Preferred Stock. Seacoast will not receive any proceeds from Treasury’s sale of the Series A Preferred Stock.

 

 
 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

  SEACOAST BANKING CORPORATION OF FLORIDA
     
     
     
  By:    /s/ Dennis S. Hudson, III
  Name:  Dennis S. Hudson, III
  Title:    Chairman and Chief Executive Officer

  

Date: March 20, 2012