lkfn: the income statement

MyFinsight

LAKELAND FINANCIAL CORP (LKFN)

For the quarter ending 2025-06-30, LKFN made $105,871K in revenue. $26,966K in net income. Net profit margin of 25.47%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30
Income tax expense	5,964
Other income	398
Wealth advisory fees	2,667
Net gain on visa shares	-
Net securities gains (losses)	-
Investment brokerage fees	550
Merchant and interchange fee income	854
Interest rate swap fee income	20
Mortgage banking income	124
Loan and service fees	3,006
Service charges on deposit accounts	2,827
Bank owned life insurance income	1,040
Total noninterest income	11,486
Professional fees	1,706
Other expense	2,295
Net occupancy expense	1,747
Salaries and employee benefits	17,096
Data processing fees and supplies	4,152
Equipment costs	1,437
Fdic insurance and other regulatory fees	839
Corporate and business development	1,160
Total noninterest expense	30,432
Provision for credit losses	3,000
Interest on short-term borrowings	398
Interest on deposits	39,111
Total interest expense	39,509
Other interest income	2,302
Tax exempt	3,917
Taxable	3,457
Taxable	84,418
Tax exempt	291
Total interest income	94,385
Net interest income	54,876
Net interest income after provision for credit losses	51,876
Income before income tax expense	32,930
Net income	26,966

Basic earnings per common share (in dollars per share)	1.05
Basic weighted average common shares (in shares)	25,707,233
Diluted earnings per common share (in dollars per share)	1.04
Diluted weighted average common shares (in shares)	25,776,205

Unit: Thousand (K) dollars (except for numbers of shares and EPS)