STUART, Fla., Dec. 22 /PRNewswire-FirstCall/ -- The board of directors of
Seacoast Banking Corporation of Florida (Nasdaq: SBCF), a bank holding company
whose principal subsidiary is Seacoast National Bank, elected H. Gilbert
Culbreth, Jr. as a director of the Company on December 19, 2008. Culbreth, a
native of Okeechobee, has been President and owner of Gilbert Chevrolet
Company, Inc., a car dealership located in Okeechobee, Florida, for the past
36 years. In addition, he is President of other family businesses, including
Gilbert Oil, Gilbert Golf Cars, Gilbert Snapper and Gil Culbreth Real Estate.
He will serve as a Class I director, with an initial term expiring at the
Company's 2009 annual meeting of shareholders.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050916/SEACOASTLOGO )
Culbreth was a member of the board of directors of Big Lake Financial
Corporation ("Big Lake") for 20 years prior to the acquisition of Big Lake by
Seacoast in April 2006. He has served on the board of directors of Seacoast
National Bank since the acquisition.
Culbreth is a former director of the Florida Council on Economic
Education, the Okeechobee County Board of Realtors, the Okeechobee Economic
Council, and the United Way of Okeechobee and is a member of the Masonic
Lodge.
Culbreth attended Indian River Community College and Florida Southern
College. He is a Navy veteran and a member of the First United Methodist
Church of Okeechobee. He and his wife Marie have two children and two
grandchildren who all reside in Okeechobee.
"With an acute understanding of business trends and the Big Lake market,
Gil Culbreth built one of Okeechobee's most successful car businesses. His
extensive business experience and knowledge will be invaluable to us in the
years ahead," commented Dennis S. Hudson, III, Chairman and Chief Executive
Officer of Seacoast.
Seacoast, with approximately $2.3 billion in assets, is one of the largest
independent commercial banking organizations in Florida. Seacoast has 41
offices in South and Central Florida and is headquartered on Florida'sTreasure Coast, which is one of the wealthiest areas in the nation.
SOURCE Seacoast Banking Corporation of Florida
Contact: Dennis S. Hudson, III, Chairman and Chief Executive Officer of Seacoast Banking Corporation of Florida, +1-772-288-6086