
Lakeland Financial Corp
NASDAQ:LKFN

Balance Sheet
Balance Sheet Decomposition
Lakeland Financial Corp
Net Loans | 5B |
Investments | 1.3B |
PP&E | 67.3m |
Intangibles | 5m |
Other Assets | 310m |
Balance Sheet
Lakeland Financial Corp
Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||
Net Loans |
3 037
|
3 427
|
3 771
|
3 866
|
4 015
|
4 588
|
4 220
|
4 638
|
4 845
|
5 032
|
|
Investments |
524
|
592
|
625
|
687
|
685
|
958
|
2 067
|
1 404
|
1 307
|
1 264
|
|
PP&E Net |
47
|
52
|
57
|
58
|
65
|
64
|
64
|
63
|
63
|
67
|
|
PP&E Gross |
47
|
52
|
57
|
58
|
65
|
64
|
64
|
63
|
63
|
67
|
|
Accumulated Depreciation |
29
|
32
|
36
|
39
|
44
|
47
|
51
|
53
|
56
|
53
|
|
Goodwill |
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
|
Customer Acceptances Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Assets |
111
|
119
|
121
|
129
|
133
|
169
|
171
|
271
|
266
|
272
|
|
Total Assets |
3 766
N/A
|
4 290
+14%
|
4 683
+9%
|
4 875
+4%
|
4 947
+1%
|
5 830
+18%
|
6 557
+12%
|
6 432
-2%
|
6 524
+1%
|
6 678
+2%
|
|
Liabilities | |||||||||||
Accounts Payable |
4
|
6
|
6
|
10
|
12
|
6
|
3
|
3
|
21
|
15
|
|
Accrued Liabilities |
0
|
0
|
0
|
0
|
5
|
5
|
4
|
5
|
5
|
7
|
|
Short-Term Debt |
70
|
230
|
71
|
76
|
0
|
0
|
0
|
22
|
0
|
0
|
|
Total Deposits |
3 183
|
3 578
|
4 009
|
4 044
|
4 134
|
5 037
|
5 735
|
5 461
|
5 721
|
5 901
|
|
Other Interest Bearing Liabilities |
70
|
0
|
80
|
170
|
170
|
75
|
75
|
275
|
50
|
0
|
|
Total Current Liabilities |
73
|
236
|
77
|
86
|
17
|
11
|
7
|
31
|
26
|
22
|
|
Long-Term Debt |
31
|
31
|
31
|
31
|
0
|
11
|
0
|
0
|
0
|
0
|
|
Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Liabilities |
16
|
18
|
18
|
23
|
28
|
40
|
35
|
97
|
78
|
72
|
|
Total Liabilities |
3 374
N/A
|
3 863
+15%
|
4 214
+9%
|
4 354
+3%
|
4 349
0%
|
5 173
+19%
|
5 853
+13%
|
5 864
+0%
|
5 874
+0%
|
5 995
+2%
|
|
Equity | |||||||||||
Common Stock |
99
|
104
|
109
|
112
|
115
|
115
|
121
|
127
|
128
|
130
|
|
Retained Earnings |
294
|
328
|
364
|
419
|
475
|
529
|
583
|
646
|
693
|
736
|
|
Unrealized Security Profit/Loss |
4
|
1
|
1
|
5
|
14
|
29
|
17
|
188
|
154
|
166
|
|
Treasury Stock |
3
|
3
|
3
|
4
|
4
|
15
|
15
|
15
|
16
|
16
|
|
Other Equity |
2
|
2
|
2
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
|
Total Equity |
393
N/A
|
427
+9%
|
469
+10%
|
522
+11%
|
598
+15%
|
657
+10%
|
705
+7%
|
569
-19%
|
650
+14%
|
684
+5%
|
|
Total Liabilities & Equity |
3 766
N/A
|
4 290
+14%
|
4 683
+9%
|
4 875
+4%
|
4 947
+1%
|
5 830
+18%
|
6 557
+12%
|
6 432
-2%
|
6 524
+1%
|
6 678
+2%
|
|
Shares Outstanding | |||||||||||
Common Shares Outstanding |
25
|
25
|
25
|
25
|
25
|
25
|
25
|
25
|
25
|
26
|