Southeastern Bank Financial Corp. Declares Cash Dividend

Southeastern Bank Financial Corp. Declares Cash Dividend

AUGUSTA, Ga., Oct. 17, 2013 (GLOBE NEWSWIRE) -- The Board of Directors of
Southeastern Bank Financial Corp. (OTCQB:SBFC), the holding company for
Georgia Bank & Trust Company of Augusta (GB&T), today declared a regular
quarterly cash dividend of $0.13 per share of common stock payable on Nov. 15,
2013 to shareholders of record as of Nov. 1, 2013. Based on the share price of
$20.70 at the close of business on Wednesday, Oct. 16, 2013, this dividend
represents an annualized yield to shareholders of 2.51 percent.

"We are pleased to announce our quarterly dividend to shareholders and
recognize our shareholders for their continued loyalty and support," said R.
Daniel Blanton, president and chief executive officer.

About Southeastern Bank Financial Corp.

Southeastern Bank Financial Corp. is the $1.7 billion-asset bank holding
company of Georgia Bank & Trust Company of Augusta (GB&T). GB&T is the largest
locally owned and operated community bank in the Augusta metro market, with
nine full-service Augusta-area offices, three full-service offices in Aiken
County, S.C. operating as Southern Bank & Trust and one limited service Loan
Production Office in Athens, GA. The company also has mortgage operations in
Augusta and Savannah. The banks focus primarily on real estate, commercial and
consumer loans to individuals, small to medium-sized businesses and
professionals, and also provides wealth management and trust services. The
company's common stock is publicly traded under the symbol SBFC on OTCQB.
Investors can find Real-Time quotes and market information for the Company on or by visiting the Company's Web site,

Safe Harbor Statement – Forward-Looking Statements

Statements made in this release by Southeastern Bank Financial Corporation
(The Company) other than those concerning historical information, should be
considered forward-looking and subject to various risks and uncertainties.
Such forward-looking statements are made based upon management's belief as
well as assumptions made by, and information currently available to,
management pursuant to "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. The Company's actual results may differ
materially from the results anticipated in forward-looking statements due to a
variety of factors, including: unanticipated changes in the Bank's local
economy and in the national economy; governmental monetary and fiscal
policies; deposit levels, loan demand, loan collateral values and securities
portfolio values; difficulties in interest rate risk management; difficulties
in operating in a variety of geographic areas; the effects of competition in
the banking business; changes in governmental regulation relating to the
banking industry, including regulations relating to branching and
acquisitions; failure of assumptions underlying the establishment of reserves
for loan losses, including the value of collateral underlying delinquent
loans; and other factors. The Company cautions that such factors are not
exclusive. The Company does not undertake to update any forward-looking
statement that may be made from time to time by, or on behalf of, the Company.

CONTACT: For More Information:
         Ronald L. Thigpen
         Executive Vice President and COO
         Southeastern Bank Financial Corp.
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