Lakeland Financial Corp
NASDAQ:LKFN
Balance Sheet
Balance Sheet Decomposition
Lakeland Financial Corp
Lakeland Financial Corp
Balance Sheet
Lakeland Financial Corp
| Dec-2002 | Dec-2003 | Dec-2004 | Dec-2005 | Dec-2006 | Dec-2007 | Dec-2008 | Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||||||
| Net Loans |
813
|
861
|
993
|
1 186
|
1 339
|
1 508
|
1 815
|
1 980
|
2 045
|
2 180
|
2 206
|
2 486
|
2 716
|
3 037
|
3 427
|
3 771
|
3 866
|
4 015
|
4 588
|
4 220
|
4 638
|
4 845
|
5 032
|
5 306
|
|
| Investments |
320
|
306
|
354
|
340
|
393
|
378
|
445
|
470
|
517
|
575
|
610
|
506
|
526
|
524
|
592
|
625
|
687
|
685
|
958
|
2 067
|
1 404
|
1 307
|
1 264
|
1 311
|
|
| PP&E Net |
25
|
26
|
25
|
25
|
25
|
28
|
31
|
30
|
30
|
35
|
35
|
39
|
42
|
47
|
52
|
57
|
58
|
65
|
64
|
64
|
63
|
63
|
67
|
73
|
|
| PP&E Gross |
25
|
26
|
25
|
25
|
25
|
28
|
31
|
30
|
30
|
35
|
35
|
39
|
42
|
47
|
52
|
57
|
58
|
65
|
64
|
64
|
63
|
63
|
67
|
73
|
|
| Accumulated Depreciation |
16
|
18
|
20
|
21
|
20
|
20
|
21
|
23
|
25
|
27
|
28
|
30
|
30
|
29
|
32
|
36
|
39
|
44
|
47
|
51
|
53
|
56
|
53
|
58
|
|
| Intangible Assets |
1
|
2
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Goodwill |
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
|
| Customer Acceptances Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Assets |
39
|
41
|
24
|
29
|
33
|
36
|
47
|
58
|
59
|
60
|
104
|
106
|
107
|
111
|
119
|
121
|
129
|
133
|
169
|
171
|
271
|
266
|
272
|
267
|
|
| Total Assets |
1 249
N/A
|
1 271
+2%
|
1 453
+14%
|
1 635
+12%
|
1 837
+12%
|
1 989
+8%
|
2 377
+20%
|
2 572
+8%
|
2 682
+4%
|
2 890
+8%
|
3 064
+6%
|
3 176
+4%
|
3 443
+8%
|
3 766
+9%
|
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%
|
6 990
+5%
|
|
| Liabilities | |||||||||||||||||||||||||
| Accounts Payable |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
3
|
3
|
4
|
6
|
6
|
10
|
12
|
6
|
3
|
3
|
21
|
15
|
9
|
|
| Accrued Liabilities |
13
|
8
|
7
|
10
|
12
|
16
|
17
|
14
|
12
|
14
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
5
|
4
|
5
|
5
|
7
|
7
|
|
| Short-Term Debt |
185
|
185
|
186
|
212
|
188
|
316
|
203
|
354
|
174
|
142
|
122
|
262
|
55
|
70
|
230
|
71
|
76
|
0
|
0
|
0
|
22
|
0
|
0
|
0
|
|
| Total Deposits |
913
|
926
|
1 115
|
1 266
|
1 476
|
1 479
|
1 885
|
1 851
|
2 201
|
2 413
|
2 582
|
2 546
|
2 873
|
3 183
|
3 578
|
4 009
|
4 044
|
4 134
|
5 037
|
5 735
|
5 461
|
5 721
|
5 901
|
5 973
|
|
| Other Interest Bearing Liabilities |
31
|
30
|
10
|
0
|
0
|
0
|
90
|
40
|
15
|
15
|
15
|
0
|
105
|
70
|
0
|
80
|
170
|
170
|
75
|
75
|
275
|
50
|
0
|
171
|
|
| Total Current Liabilities |
198
|
193
|
193
|
222
|
200
|
332
|
220
|
368
|
186
|
156
|
127
|
265
|
58
|
73
|
236
|
77
|
86
|
17
|
11
|
7
|
31
|
26
|
22
|
16
|
|
| Long-Term Debt |
21
|
31
|
31
|
31
|
31
|
31
|
31
|
31
|
31
|
31
|
31
|
31
|
31
|
31
|
31
|
31
|
31
|
0
|
11
|
0
|
0
|
0
|
0
|
13
|
|
| Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Liabilities |
2
|
2
|
2
|
2
|
0
|
1
|
1
|
1
|
2
|
2
|
12
|
12
|
15
|
16
|
18
|
18
|
23
|
28
|
40
|
35
|
97
|
78
|
72
|
54
|
|
| Total Liabilities |
1 165
N/A
|
1 181
+1%
|
1 351
+14%
|
1 521
+13%
|
1 707
+12%
|
1 843
+8%
|
2 228
+21%
|
2 292
+3%
|
2 435
+6%
|
2 617
+7%
|
2 766
+6%
|
2 854
+3%
|
3 082
+8%
|
3 374
+9%
|
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%
|
6 228
+4%
|
|
| Equity | |||||||||||||||||||||||||
| Common Stock |
2
|
2
|
2
|
2
|
2
|
2
|
22
|
138
|
86
|
87
|
90
|
93
|
96
|
99
|
104
|
109
|
112
|
115
|
115
|
121
|
127
|
128
|
130
|
137
|
|
| Retained Earnings |
71
|
80
|
90
|
102
|
117
|
129
|
141
|
150
|
161
|
182
|
204
|
233
|
263
|
294
|
328
|
364
|
419
|
475
|
529
|
583
|
646
|
693
|
736
|
788
|
|
| Additional Paid In Capital |
9
|
11
|
13
|
14
|
17
|
18
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Unrealized Security Profit/Loss |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
1
|
6
|
4
|
1
|
1
|
5
|
14
|
29
|
17
|
188
|
154
|
166
|
127
|
|
| Treasury Stock |
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
1
|
1
|
2
|
2
|
2
|
3
|
3
|
3
|
4
|
4
|
15
|
15
|
15
|
16
|
16
|
36
|
|
| Other Equity |
4
|
1
|
1
|
4
|
3
|
1
|
12
|
6
|
1
|
5
|
1
|
1
|
2
|
2
|
2
|
2
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
|
| Total Equity |
84
N/A
|
90
+7%
|
102
+13%
|
113
+11%
|
130
+15%
|
146
+12%
|
150
+2%
|
280
+87%
|
247
-12%
|
273
+11%
|
298
+9%
|
322
+8%
|
361
+12%
|
393
+9%
|
427
+9%
|
469
+10%
|
522
+11%
|
598
+15%
|
657
+10%
|
705
+7%
|
569
-19%
|
650
+14%
|
684
+5%
|
762
+11%
|
|
| Total Liabilities & Equity |
1 249
N/A
|
1 271
+2%
|
1 453
+14%
|
1 635
+12%
|
1 837
+12%
|
1 989
+8%
|
2 377
+20%
|
2 572
+8%
|
2 682
+4%
|
2 890
+8%
|
3 064
+6%
|
3 176
+4%
|
3 443
+8%
|
3 766
+9%
|
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%
|
6 990
+5%
|
|
| Shares Outstanding | |||||||||||||||||||||||||
| Common Shares Outstanding |
17
|
17
|
18
|
18
|
18
|
18
|
18
|
24
|
24
|
24
|
24
|
25
|
25
|
25
|
25
|
25
|
25
|
25
|
25
|
25
|
25
|
25
|
26
|
25
|
|
| Preferred Shares Outstanding |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|