Seacoast Banking Corporation of Florida has received all required regulatory approvals for its acquisition of Heartland Bancshares Inc., the company announced.

The Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency have approved Seacoast’s application for the acquisition and the merger of Heartland National Bank with and into Seacoast National Bank.

The transaction, first announced in 2024, is expected to close on or around July 11, 2025, subject to the satisfaction of customary closing conditions, including shareholder approval by Heartland Bancshares.

Seacoast, one of Florida’s largest community banks, reported approximately $15.7 billion in assets and $12.6 billion in deposits as of March 31, 2025. The company operates over 79 full-service branches across Florida, offering commercial and consumer banking, wealth management, and mortgage services.