Seacoast Banking Corporation of Florida has completed its acquisition of Villages Bancorporation, Inc. (VBI), the parent company of Citizens First Bank. The transaction, effective October 1, 2025, expands Seacoast's presence into The Villages®, a rapidly growing community in Central Florida. Under the terms of the agreement, VBI shareholders could elect to receive cash, Seacoast common stock, or a mix of both, with approximately $829 million in total consideration. Citizens First Bank, which held more than 50% deposit market share in the Wildwood-The Villages area and operated 19 branches with $3.5 billion in deposits as of June 30, 2025, has now merged into Seacoast National Bank. Seacoast stated that the combined organization will build on both companies' commitment to personalized service and community growth.