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First National Bank Appoints New President

    STUART, Fla., July 19 /PRNewswire-FirstCall/ -- First National Bank's
Board of Directors has approved the promotion of Jean Strickland to President
and Chief Operating Officer of First National Bank and Senior Executive Vice
President of Seacoast Banking Corporation of Florida (Nasdaq: SBCF),
succeeding A. Douglas Gilbert.  Gilbert joined First National Bank in 1990 and
has served as President, Chief Operating Officer and Chief Credit Officer
since 1998.  He will assume the role of Vice Chairman and Chief Credit Officer
of First National as well as President and Chief Operating Officer of Seacoast
Banking Corporation of Florida. He will continue to serve on the Bank's Board
of Directors.
    Dennis S. Hudson, III will continue in his role as Chairman and CEO of
First National Bank and assume the role of Chairman of Seacoast Banking
Corporation, as Dale M. Hudson becomes Vice Chairman of the holding company.
    Strickland has 26 years' experience in financial services with an
extensive background in commercial credit.  She began her career with First
National 15 years ago, working in tandem with Doug Gilbert to create the
bank's credit culture including lending philosophy, credit policy and
procedures.  Today, the bank's credit quality continues to outperform its
peers.  Strickland also served as First National's Chief Information Officer
and Executive Vice President of Retail, Credit and Systems Support and is
credited with leading the successful outsourcing of the bank's data processing
and enhancement of their technology systems.  Most recently, she served as
Regional President in Palm Beach County, opening four branch locations in just
three years, growing total loan outstandings to $171 million and deposits to
$83.6 million.  Strickland has a B.S. degree in economics from the University
of Illinois at Chicago.
    "We are very pleased to announce the appointment of Jean Strickland to
President of First National Bank," said Dennis S. Hudson, III, First
National's Chairman and CEO.  "She is a very talented member of our Executive
Management Group and a testament to our dedication to management succession
planning.  Jean has played an important role in our expansion into northern
Palm Beach County, as well as leading the strategic planning and overall
management succession planning efforts for the bank. She will be instrumental
in overseeing the completion of our merger with Century National Bank in
Orange and Seminole counties in 2006."  Strickland will be responsible for
providing direction and management of daily operations for First National
Bank.
    Strickland is a member of the Northern Palm Beaches Chamber of Commerce,
the Economic Forum of Palm Beach County and TEC, The Executive Committee.  She
serves on the board of the PGA Corridor Association and is a corporate member
of the Jupiter Medical Center, The Scripps Research Institute's President's
Circle and is an active member of St. Mary's Episcopal Church in Stuart.   She
is a past Board Member and Trustee of the JTJB Chamber of Commerce, Board of
Directors of the Palm Beach County Chapter of the American Red Cross and the
Board of Directors of Helping People Succeed in Martin County.

    First National is the operating arm of Seacoast Banking Corporation of
Florida with over $2.1 billion in assets and 30 offices from Sebastian to Palm
Beach Gardens.


SOURCE Seacoast Banking Corporation of Florida




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Related links:
  • http://www.seacoastbanking.net
    CONTACT:
    Dennis S. Hudson, III, Chairman & CEO,
    +1-772-288-6086, or Douglas Gilbert, Vice Chairman & Chief Credit
    Officer, +1-772-288-6031, both of Seacoast Banking Corporation of
    Florida