SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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) May 1, 2003
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SEACOAST BANKING CORPORATION OF FLORIDA
(Exact Name of Registrant as Specified in Charter)
Florida 1-13660 59-2260678
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number Identification No.)
815 Colorado Avenue, Stuart, FL 34994
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (772) 287-4000
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SEACOAST BANKING CORPORATION OF FLORIDA
Item 5. Other Items and Regulation FD Disclosure
On May 1, 2003, the Registrant's shareholders, at the Registrant's Annual
Meeting of Shareholders ("Annual Meeting"), elected all nominees for its board
of directors, including the addition of two new independent directors, Stephen
E. Bohner and T. Michael Crook.
Shareholders also approved an amendment to the Registrant's Articles of
Incorporation which will allow the company to enter into certain business
combinations approved by the board of directors without a supermajority vote as
previously required by the Registrant's Articles of Incorporation. Business
combinations will now require a vote of only a simple majority of the
outstanding shares entitled to vote if the business combination is approved by
66 2/3 percent of the board of directors and a majority of continuing directors.
Other business combinations must be approved by (i) the holders of 66-2/3% of
the outstanding shares of the Registrant's common stock that are entitled to
vote, and (ii) the holders of a majority of the outstanding shares of the
Registrant's common stock that are not owned by the company's affiliates and
persons that became 5% or greater shareholders after February 28, 2003 (the
record date for the Annual Meeting).
Exhibit No. Document Description
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99.1 Press Release Results of 2003 Annual Meeting of Shareholders
SIGNATURES
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
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Registrant
Date: May 5, 2003 By: /s/ William R. Hahl
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William R. Hahl
Executive Vice President & CFO
EXHIBIT 99.1
NEWS RELEASE
Dennis S. Hudson, III
President and Chief Executive Officer
Seacoast Banking Corporation of Florida
(772) 288-6086
William R. Hahl
Executive Vice President and
Chief Financial Officer
(772) 221-2825
SEACOAST BANKING CORPORATION OF FLORIDA
ANNOUNCES RESULTS OF 2003 ANNUAL MEETING OF SHAREHOLDERS
STUART, FL., May 2, 2003 - Seacoast Banking Corporation of Florida (NASDAQ-NMS:
SBCF), a bank holding company whose principal subsidiary is First National Bank
and Trust Company of the Treasure Coast, today announced that its shareholders,
at the Company's annual shareholders' meeting yesterday, had elected all
nominees for directors, including the addition of two new independent directors,
Stephen E. Bohner and T. Michael Crook.
Shareholders also approved an amendment to the Company's Articles of
Incorporation which will allow the Company to enter into certain business
combinations approved by the board of directors without a supermajority vote as
previously required by the Company's Articles of Incorporation. Business
combinations will now require a vote of only a simple majority of the
outstanding shares entitled to vote if the business combination is approved by
66 2/3 percent of the Company's Board of Directors and a majority of continuing
directors.
Seacoast Banking Corporation of Florida has approximately $1.3 billion in
assets. It is one of the largest independent commercial banking organizations in
Florida, headquartered on Florida's Treasure Coast, one of the wealthiest and
fastest growing areas in the nation.