LAKELAND FINANCIAL CORPORATION (LKFN)

Import this data to Google Sheets with:

=jivedata("LKFN","financials")

Full statements spill as a table. For one cell: =jivedata("LKFN","Revenue") or =jivedata("LKFN","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.

LAKELAND FINANCIAL CORPORATION

LKFN • CIK 0000721994

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Financing Receivable, Credit Loss, Expense (Reversal)	$5,850	$16,750	$11,800	$5,708
Other Interest and Dividend Income	$5,703	$7,631	$6,988	$5,625
Interest Income (Expense), after Provision for Loan Loss	$191,185	$179,929	$209,217	$222,632
Interest and Dividend Income, Operating	$343,267	$373,158	$373,735	$376,030
Interest Expense, Deposits	$137,791	$172,759	$150,732	$144,973
Interest Expense, Short-term Borrowings	$8,441	$3,720	$1,986	$2,717
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$110,333	$111,689	$125,583	$135,676
InterestExpenseOperating	—	$176,479	$152,718	$147,690
Income Tax Expense (Benefit)	$16,566	$18,211	$22,222	$24,448
Interest Income (Expense), Net	$197,035	$196,679	$221,017	$228,340
Net Income (Loss) Attributable to Parent	$93,767	$93,478	$103,361	$111,228
Weighted Average Number of Shares Outstanding, Basic	25,604,751	25,676,543	25,687,159	25,177,407
Weighted Average Number of Shares Outstanding, Diluted	25,723,165	25,769,018	25,799,047	25,377,975
Interest Income, Securities, Operating, Taxable	$13,153	$12,048	$14,055	$14,814
Interest Income, Securities, Operating, Tax Exempt	$16,396	$15,714	$15,650	$15,613
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions	$9,080	$10,469	$11,365	$11,911
Brokerage Commissions Revenue	$1,815	$1,894	$2,198	$2,231
Debt Securities, Gain (Loss)	—	$-46	$0	$0
Equity Securities, FV-NI, Gain (Loss)	—	$8,996	$0	$0
Noninterest Income, Other	$9,141	$4,674	$2,751	$2,750
Noninterest Income	$49,858	$56,844	$47,971	$51,062
Labor and Related Expense	$59,147	$66,728	$75,293	$81,084
Occupancy, Net	$6,360	$6,865	$7,524	$7,868
Equipment Expense	$5,632	$5,612	$5,716	$5,770
Information Technology and Data Processing	$14,003	$15,161	$16,534	$16,750
Professional Fees	$8,583	$8,950	$7,698	$7,334
Other Noninterest Expense	$10,757	$13,338	$10,202	$10,290
Noninterest Expense	$130,710	$125,084	$131,605	$138,018
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0	0	0
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	118,414	92,475	111,888	200,568

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Cash and Due from Banks	$70,451	$71,733	$57,139	$69,864
Interest-bearing Deposits in Banks and Other Financial Institutions	$81,373	$96,472	$84,179	$124,262
Cash and Cash Equivalents, at Carrying Value	$151,824	$168,205	$141,318	$194,126
DebtSecuritiesAvailableForSaleExcludingAccruedInterest	$1,051,728	$991,426	$1,052,062	$1,035,163
DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss	$129,918	$131,568	$133,208	$134,025
Financing Receivable, Held-for-Sale, Not Part of Disposal Group, after Valuation Allowance	$1,158	$1,700	$2,707	$3,630
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss	$4,844,562	$5,031,988	$5,306,354	$5,509,027
Property, Plant and Equipment, Net	$57,899	$60,489	$65,542	$72,504
Bank Owned Life Insurance	$109,114	$113,320	$129,978	$132,366
Federal Home Loan Bank Stock and Federal Reserve Bank Stock	$21,420	$21,420	$21,420	$21,420
Interest Receivable	$30,011	$28,446	$28,997	$29,514
Goodwill	$4,970	$4,970	$4,970	$4,970
Other Assets	$121,425	$124,842	$103,466	$106,214
Assets	$6,524,029	$6,678,374	$6,990,022	$7,242,959
Noninterest-bearing Deposit Liabilities	$1,353,477	$1,297,456	$1,221,327	$1,292,033
Interest-bearing Deposit Liabilities	$4,367,048	$4,603,510	$4,752,023	$5,037,535
Deposits	$5,720,525	$5,900,966	$5,973,350	$6,329,568
Interest Payable	$20,893	$15,117	$8,868	$8,961
Other Liabilities	$82,818	$78,380	$61,112	$59,856
Liabilities	$5,874,236	$5,994,463	$6,227,530	$6,469,585
Common Stock, Value, Issued	$127,692	$129,664	$136,965	$140,020
Retained Earnings (Accumulated Deficit)	$692,760	$736,412	$788,345	$817,002
Accumulated Other Comprehensive Income (Loss), Net of Tax	$-155,195	$-166,500	$-127,137	$-124,463
Treasury Stock, Common, Value	$15,553	$15,754	$35,770	$59,274
Stockholders' Equity Attributable to Parent	$649,704	$683,822	$762,403	$773,285
Stockholders' Equity Attributable to Noncontrolling Interest	$89	$89	$89	$89
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$649,793	$683,911	$762,492	$773,374
Federal Home Loan Bank, Advance, Maturity, Year One	—	—	$170,000	$70,000
Long-term Federal Home Loan Bank Advances	—	$0	$1,200	$1,200
Other Borrowings	—	—	$13,000	$0
Debt, Long-term and Short-term, Combined Amount	—	—	$184,200	$71,200
Debt Securities, Held-to-maturity, Fair Value	$119,215	$113,107	$117,510	$119,433
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	$71,972	$85,960	$68,995	$70,598
Common Stock, Shares Authorized	90,000,000	90,000,000	90,000,000	90,000,000
Common Stock, Shares, Issued	25,903,686	25,978,831	26,023,644	26,063,576
Common Stock, Shares, Outstanding	25,430,566	25,509,592	25,219,634	24,858,875
Treasury Stock, Common, Shares	473,120	469,239	804,010	1,204,701
Loans and Leases Receivable, Commitments, Fixed Rates	$97,116	$63,898	$46,196	$46,196
Loans and Leases Receivable, Commitments, Variable Rates	$2,825,553	$2,625,776	$2,627,860	$2,627,860

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Net Income (Loss) Attributable to Parent	$93,767	$93,478	$103,361	$111,228
Net Cash Provided by (Used in) Operating Activities	$113,981	$102,485	$114,887	$128,834
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$21,542	$16,381	$-26,887	$-116,054
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$151,824	$168,205	$141,318	$57,418
Depreciation	$6,173	$5,953	$5,978	$6,012
Proceeds from Sale of Debt Securities, Available-for-sale	$105,175	$7,136	$0	$0
Financing Receivable, Credit Loss, Expense (Reversal)	$5,850	$16,750	$11,800	$5,708
ProceedsFromSaleOfEquitySecuritiesFvNi	—	$8,996	$0	$0
Gains (Losses) on Sales of Other Real Estate	$0	$-23	$365	$365
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale	$71,833	$59,669	$66,834	$73,711
Servicing Asset at Amortized Cost, Increase (Decrease) for Valuation Allowance Adjustment	$540	$497	$446	$446
Proceeds from Maturities, Prepayments and Calls of Held-to-maturity Securities	$5	$0	$0	$0
Payments for Origination and Purchases of Loans Held-for-sale	$8,601	$20,969	$18,180	$19,822
Payments to Acquire Debt Securities, Available-for-sale	$7,178	$27,517	$83,347	$70,975
Gain (Loss) on Sales of Loans, Net	$292	$556	$567	$669
Payment to Acquire Life Insurance Policy, Investing Activities	$258	$331	$12,867	$297
Proceeds from Sale of Loans Held-for-sale	$8,022	$20,836	$17,554	$18,284
Payments for (Proceeds from) Loans and Leases	$212,906	$204,176	$286,166	$354,460
Proceeds from Sale of Property, Plant, and Equipment	$13	$10	$6	$7
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property	$-3	$-81	$-85	$-101
Payments to Acquire Property, Plant, and Equipment	$5,991	$8,634	$11,122	$17,176
Debt Securities, Gain (Loss)	—	$-46	$0	$0
Payments to Acquire Federal Home Loan Bank Stock	$5,625	$0	$0	$0
Accretion (Amortization) of Discounts and Premiums, Investments	$-4,915	$-4,796	$-4,014	$-3,770
Proceeds from Sale of Other Real Estate	$0	$76	$646	$646
Share-based Payment Arrangement, Noncash Expense	$3,653	$4,586	$8,557	$10,419
Proceeds from Life Insurance Policy	$0	$536	$595	$1,119
Net Cash Provided by (Used in) Investing Activities	$-54,932	$-164,235	$-325,421	$-367,425
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities	$20,214	$9,007	$11,526	$17,606
Increase (Decrease) in Deposits	$259,905	$180,441	$72,384	$152,735
Proceeds from (Repayments of) Short-term Debt	$-22,000	$0	$13,000	$13,000
Payments of Ordinary Dividends, Common Stock	$47,094	$49,281	$51,415	$51,952
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	$13	$13	$13	$13
Payments for Repurchase of Common Stock	$575	$592	$20,391	$42,248
Proceeds from Sale of Treasury Stock	$405	$391	$375	$358
Net Cash Provided by (Used in) Financing Activities	$-37,507	$78,131	$183,647	$122,536
Interest Paid, Excluding Capitalized Interest, Operating Activities	$128,525	$185,256	$158,967	$148,725
Income Taxes Paid	$14,075	$23,750	$16,736	$18,915
Real Estate Owned, Transfer to Real Estate Owned	$284	$0	$0	$0
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$0	$2,699	$926	$906
Increase (Decrease) in Other Operating Assets	$6,169	$-1,284	$162	$-160
Increase (Decrease) in Other Operating Liabilities	$10,077	$-10,656	$-13,294	$-631

Loading financial statements…

Import this data to Google Sheets with:

=jivedata("LKFN","financials")

Full statements spill as a table. For one cell: =jivedata("LKFN","Revenue") or =jivedata("LKFN","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.