Lakeland Financial Corp
NASDAQ:LKFN
Income Statement
Income Statement
Lakeland Financial Corp
| Mar-2002 | Jun-2002 | Sep-2002 | Dec-2002 | Mar-2003 | Jun-2003 | Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Interest Income |
39
|
41
|
41
|
42
|
42
|
42
|
42
|
42
|
42
|
42
|
42
|
43
|
45
|
47
|
49
|
50
|
51
|
52
|
52
|
52
|
53
|
53
|
54
|
55
|
56
|
58
|
61
|
63
|
66
|
70
|
74
|
80
|
86
|
90
|
92
|
93
|
93
|
93
|
93
|
92
|
91
|
90
|
90
|
88
|
86
|
86
|
87
|
90
|
94
|
98
|
101
|
102
|
103
|
104
|
105
|
106
|
109
|
112
|
115
|
119
|
122
|
127
|
131
|
136
|
140
|
144
|
147
|
151
|
153
|
154
|
156
|
155
|
156
|
157
|
157
|
163
|
168
|
172
|
178
|
178
|
179
|
184
|
191
|
203
|
210
|
209
|
205
|
197
|
193
|
193
|
194
|
197
|
202
|
209
|
216
|
221
|
|
| Interest Income |
72
|
69
|
66
|
64
|
64
|
63
|
62
|
60
|
59
|
58
|
58
|
60
|
63
|
68
|
74
|
81
|
87
|
94
|
100
|
106
|
110
|
113
|
116
|
118
|
119
|
119
|
120
|
119
|
117
|
117
|
115
|
116
|
119
|
121
|
122
|
124
|
124
|
124
|
123
|
122
|
121
|
120
|
118
|
114
|
111
|
108
|
106
|
108
|
110
|
113
|
115
|
117
|
119
|
120
|
121
|
123
|
126
|
130
|
134
|
139
|
144
|
150
|
158
|
166
|
174
|
182
|
189
|
199
|
206
|
212
|
217
|
215
|
212
|
204
|
196
|
193
|
191
|
191
|
195
|
193
|
193
|
199
|
213
|
240
|
271
|
302
|
328
|
343
|
355
|
364
|
371
|
373
|
373
|
373
|
373
|
374
|
|
| Interest Expense |
33
|
28
|
24
|
23
|
22
|
21
|
20
|
18
|
17
|
16
|
16
|
17
|
18
|
21
|
26
|
30
|
36
|
42
|
48
|
53
|
57
|
60
|
62
|
63
|
63
|
61
|
59
|
55
|
51
|
47
|
41
|
36
|
32
|
31
|
30
|
31
|
31
|
31
|
30
|
30
|
30
|
29
|
28
|
27
|
24
|
22
|
19
|
17
|
16
|
15
|
15
|
15
|
15
|
16
|
16
|
17
|
17
|
18
|
19
|
21
|
22
|
24
|
26
|
30
|
34
|
38
|
42
|
48
|
53
|
58
|
61
|
60
|
56
|
48
|
38
|
30
|
23
|
19
|
17
|
15
|
14
|
15
|
21
|
37
|
61
|
92
|
122
|
146
|
162
|
172
|
177
|
176
|
170
|
165
|
158
|
153
|
|
| Non Interest Income |
14
|
14
|
14
|
15
|
16
|
17
|
18
|
18
|
18
|
17
|
17
|
16
|
17
|
17
|
17
|
18
|
18
|
19
|
19
|
19
|
18
|
19
|
19
|
20
|
21
|
22
|
23
|
23
|
23
|
23
|
22
|
22
|
22
|
21
|
22
|
22
|
21
|
22
|
22
|
22
|
23
|
23
|
23
|
25
|
27
|
29
|
30
|
31
|
31
|
31
|
31
|
30
|
30
|
31
|
31
|
32
|
31
|
31
|
32
|
33
|
34
|
35
|
35
|
36
|
38
|
39
|
39
|
40
|
42
|
44
|
44
|
45
|
44
|
44
|
46
|
47
|
49
|
49
|
47
|
45
|
43
|
42
|
41
|
42
|
41
|
42
|
43
|
50
|
51
|
60
|
61
|
57
|
55
|
46
|
47
|
48
|
|
| Revenue |
53
N/A
|
55
+4%
|
55
+1%
|
57
+2%
|
58
+2%
|
59
+2%
|
60
+1%
|
61
+1%
|
60
-1%
|
59
-2%
|
59
+1%
|
60
+1%
|
61
+3%
|
64
+4%
|
65
+2%
|
68
+4%
|
69
+2%
|
70
+2%
|
71
+1%
|
71
0%
|
71
0%
|
72
+2%
|
73
+2%
|
75
+2%
|
77
+3%
|
80
+3%
|
84
+6%
|
87
+3%
|
89
+3%
|
93
+5%
|
96
+3%
|
103
+7%
|
108
+5%
|
111
+3%
|
114
+3%
|
114
+1%
|
115
+0%
|
115
+0%
|
114
-1%
|
114
0%
|
114
0%
|
113
-1%
|
113
0%
|
113
0%
|
113
+0%
|
115
+1%
|
117
+2%
|
121
+3%
|
125
+3%
|
128
+3%
|
131
+2%
|
132
+1%
|
134
+1%
|
134
+0%
|
135
+1%
|
137
+2%
|
140
+2%
|
143
+3%
|
147
+3%
|
151
+3%
|
156
+3%
|
161
+3%
|
167
+3%
|
172
+3%
|
178
+3%
|
182
+3%
|
187
+2%
|
191
+3%
|
195
+2%
|
198
+1%
|
200
+1%
|
200
+0%
|
200
0%
|
201
+0%
|
203
+1%
|
210
+3%
|
216
+3%
|
221
+2%
|
225
+2%
|
223
-1%
|
222
0%
|
226
+2%
|
232
+3%
|
245
+5%
|
251
+3%
|
252
+0%
|
248
-1%
|
247
-1%
|
244
-1%
|
253
+4%
|
255
+1%
|
254
-1%
|
257
+1%
|
255
-1%
|
263
+3%
|
269
+2%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Loan Loss Provision |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(7)
|
(9)
|
(10)
|
(14)
|
(15)
|
(17)
|
(21)
|
(22)
|
(23)
|
(24)
|
(24)
|
(24)
|
(21)
|
(17)
|
(14)
|
(9)
|
(7)
|
(4)
|
(3)
|
(2)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(6)
|
(7)
|
(8)
|
(6)
|
(4)
|
(3)
|
(3)
|
(3)
|
(9)
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(0)
|
(2)
|
(0)
|
(9)
|
(13)
|
(14)
|
(15)
|
(6)
|
(3)
|
(11)
|
(13)
|
(17)
|
(22)
|
(17)
|
(15)
|
(12)
|
|
| Non Interest Expense |
(34)
|
(35)
|
(34)
|
(35)
|
(35)
|
(36)
|
(36)
|
(38)
|
(38)
|
(38)
|
(38)
|
(37)
|
(37)
|
(37)
|
(37)
|
(38)
|
(38)
|
(39)
|
(40)
|
(40)
|
(40)
|
(41)
|
(42)
|
(43)
|
(44)
|
(45)
|
(46)
|
(48)
|
(49)
|
(51)
|
(52)
|
(54)
|
(54)
|
(53)
|
(54)
|
(53)
|
(55)
|
(55)
|
(55)
|
(55)
|
(56)
|
(56)
|
(57)
|
(58)
|
(58)
|
(59)
|
(61)
|
(63)
|
(65)
|
(66)
|
(66)
|
(66)
|
(66)
|
(67)
|
(67)
|
(68)
|
(69)
|
(70)
|
(72)
|
(73)
|
(76)
|
(77)
|
(78)
|
(79)
|
(80)
|
(81)
|
(83)
|
(86)
|
(87)
|
(89)
|
(90)
|
(89)
|
(89)
|
(94)
|
(96)
|
(106)
|
(104)
|
(104)
|
(105)
|
(104)
|
(105)
|
(106)
|
(108)
|
(110)
|
(113)
|
(127)
|
(129)
|
(131)
|
(131)
|
(122)
|
(123)
|
(125)
|
(127)
|
(124)
|
(129)
|
(132)
|
|
| Pre-Tax Income |
16
N/A
|
18
+8%
|
18
+3%
|
19
+4%
|
20
+4%
|
21
+5%
|
22
+4%
|
21
-4%
|
21
0%
|
20
-3%
|
20
+3%
|
22
+6%
|
23
+4%
|
25
+8%
|
25
+4%
|
27
+8%
|
28
+3%
|
29
+2%
|
29
+1%
|
28
-4%
|
28
-1%
|
28
+1%
|
27
-4%
|
28
+1%
|
29
+3%
|
28
-3%
|
29
+6%
|
29
-1%
|
27
-8%
|
26
-1%
|
26
+0%
|
28
+6%
|
32
+14%
|
35
+9%
|
36
+5%
|
37
+1%
|
36
-2%
|
39
+7%
|
42
+8%
|
45
+8%
|
50
+9%
|
51
+2%
|
52
+2%
|
53
+1%
|
54
+2%
|
55
+2%
|
55
+1%
|
58
+6%
|
60
+3%
|
63
+4%
|
65
+4%
|
66
+2%
|
67
+2%
|
67
0%
|
68
+0%
|
69
+2%
|
71
+2%
|
73
+3%
|
75
+4%
|
77
+3%
|
79
+2%
|
83
+5%
|
86
+4%
|
90
+4%
|
91
+2%
|
94
+3%
|
96
+2%
|
99
+4%
|
103
+5%
|
105
+2%
|
107
+1%
|
107
+1%
|
102
-5%
|
99
-3%
|
101
+2%
|
104
+3%
|
111
+7%
|
117
+5%
|
118
+1%
|
117
-1%
|
118
+0%
|
119
+1%
|
124
+4%
|
125
+1%
|
125
0%
|
110
-12%
|
105
-5%
|
110
+5%
|
110
0%
|
121
+10%
|
119
-1%
|
112
-6%
|
108
-3%
|
114
+5%
|
118
+4%
|
126
+6%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(8)
|
(8)
|
(9)
|
(8)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(9)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(14)
|
(15)
|
(16)
|
(17)
|
(17)
|
(17)
|
(18)
|
(18)
|
(18)
|
(20)
|
(20)
|
(21)
|
(22)
|
(22)
|
(22)
|
(22)
|
(23)
|
(23)
|
(23)
|
(24)
|
(24)
|
(25)
|
(25)
|
(26)
|
(27)
|
(28)
|
(26)
|
(24)
|
(21)
|
(19)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(19)
|
(19)
|
(20)
|
(21)
|
(22)
|
(22)
|
(22)
|
(21)
|
(21)
|
(22)
|
(21)
|
(21)
|
(17)
|
(15)
|
(17)
|
(17)
|
(20)
|
(20)
|
(18)
|
(18)
|
(20)
|
(21)
|
(22)
|
|
| Income from Continuing Operations |
11
|
12
|
12
|
12
|
13
|
14
|
14
|
14
|
14
|
13
|
14
|
15
|
15
|
16
|
17
|
18
|
19
|
19
|
19
|
19
|
19
|
19
|
19
|
19
|
20
|
19
|
20
|
20
|
18
|
18
|
18
|
19
|
21
|
23
|
24
|
25
|
24
|
26
|
28
|
31
|
33
|
34
|
35
|
35
|
36
|
36
|
37
|
39
|
40
|
42
|
43
|
44
|
45
|
45
|
45
|
46
|
48
|
49
|
51
|
52
|
54
|
57
|
59
|
62
|
65
|
70
|
74
|
80
|
83
|
85
|
86
|
87
|
83
|
81
|
82
|
84
|
90
|
95
|
96
|
96
|
96
|
98
|
102
|
104
|
104
|
93
|
90
|
94
|
93
|
101
|
99
|
93
|
90
|
94
|
98
|
103
|
|
| Net Income (Common) |
11
N/A
|
12
+6%
|
12
+2%
|
12
+4%
|
13
+4%
|
14
+5%
|
14
+4%
|
14
-2%
|
14
0%
|
13
-3%
|
14
+3%
|
15
+5%
|
15
+4%
|
16
+7%
|
17
+4%
|
18
+8%
|
19
+3%
|
19
+2%
|
19
+1%
|
19
-2%
|
19
+1%
|
19
+3%
|
19
-2%
|
19
+1%
|
20
+3%
|
19
-2%
|
20
+4%
|
20
-2%
|
18
-8%
|
17
-6%
|
16
-4%
|
16
+1%
|
18
+10%
|
18
+1%
|
20
+11%
|
21
+6%
|
22
+3%
|
26
+19%
|
28
+7%
|
31
+9%
|
33
+9%
|
34
+2%
|
35
+3%
|
35
+1%
|
36
+2%
|
36
+1%
|
37
+1%
|
39
+5%
|
40
+2%
|
42
+5%
|
43
+4%
|
44
+1%
|
45
+3%
|
45
+0%
|
45
+0%
|
46
+3%
|
48
+2%
|
49
+3%
|
51
+4%
|
52
+2%
|
54
+4%
|
57
+5%
|
59
+4%
|
57
-3%
|
61
+7%
|
66
+8%
|
71
+7%
|
80
+14%
|
84
+4%
|
85
+2%
|
86
+1%
|
87
+1%
|
83
-5%
|
81
-2%
|
82
+2%
|
84
+3%
|
90
+7%
|
95
+5%
|
96
+1%
|
96
0%
|
96
+1%
|
98
+1%
|
102
+5%
|
104
+2%
|
104
+1%
|
93
-11%
|
90
-4%
|
94
+4%
|
93
-1%
|
101
+9%
|
99
-2%
|
93
-6%
|
90
-3%
|
94
+4%
|
98
+4%
|
103
+6%
|
|
| EPS (Diluted) |
0.63
N/A
|
0.66
+5%
|
0.66
N/A
|
0.69
+5%
|
0.72
+4%
|
0.76
+6%
|
0.8
+5%
|
0.77
-4%
|
0.77
N/A
|
0.74
-4%
|
0.76
+3%
|
0.8
+5%
|
0.82
+2%
|
0.88
+7%
|
0.91
+3%
|
0.97
+7%
|
1.01
+4%
|
1.03
+2%
|
1.03
N/A
|
1.01
-2%
|
1.02
+1%
|
1.04
+2%
|
1.02
-2%
|
1.03
+1%
|
1.05
+2%
|
1.03
-2%
|
1.08
+5%
|
1.05
-3%
|
0.97
-8%
|
0.9
-7%
|
0.86
-4%
|
0.84
-2%
|
0.73
-13%
|
0.74
+1%
|
0.82
+11%
|
0.88
+7%
|
0.91
+3%
|
1.08
+19%
|
1.15
+6%
|
1.25
+9%
|
1.36
+9%
|
1.39
+2%
|
1.43
+3%
|
1.43
N/A
|
1.46
+2%
|
1.47
+1%
|
1.48
+1%
|
1.56
+5%
|
1.58
+1%
|
1.66
+5%
|
1.73
+4%
|
1.74
+1%
|
1.79
+3%
|
1.79
N/A
|
1.79
N/A
|
1.84
+3%
|
1.87
+2%
|
1.92
+3%
|
1.99
+4%
|
2.05
+3%
|
2.13
+4%
|
2.23
+5%
|
2.32
+4%
|
2.22
-4%
|
2.37
+7%
|
2.56
+8%
|
2.74
+7%
|
3.11
+14%
|
3.26
+5%
|
3.31
+2%
|
3.34
+1%
|
3.38
+1%
|
3.2
-5%
|
3.16
-1%
|
3.21
+2%
|
3.3
+3%
|
3.53
+7%
|
3.71
+5%
|
3.76
+1%
|
3.74
-1%
|
3.76
+1%
|
3.81
+1%
|
3.98
+4%
|
4.04
+2%
|
4.06
+0%
|
3.63
-11%
|
3.5
-4%
|
3.65
+4%
|
3.61
-1%
|
3.89
+8%
|
3.8
-2%
|
3.63
-4%
|
3.51
-3%
|
3.67
+5%
|
3.78
+3%
|
4.01
+6%
|
|