| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Interest and fees on loans, taxable | 85,490 | 84,418 | ||
| Interest and fees on loans, tax exempt | 287 | 291 | ||
| Interest and dividends on securities, taxable | 3,489 | 3,457 | ||
| Interest and dividends on securities, tax exempt | 3,915 | 3,917 | ||
| Other interest income | 1,706 | 2,302 | ||
| Total interest income | 94,887 | 94,385 | ||
| Interest on deposits | 38,446 | 39,111 | ||
| Interest on borrowings, short-term | 368 | 398 | ||
| Total interest expense | 38,814 | 39,509 | ||
| Net interest income | 56,073 | 54,876 | ||
| Provision for credit losses | 2,000 | 3,000 | ||
| Net interest income after provision for credit losses | 54,073 | 51,876 | ||
| Wealth advisory fees | 2,855 | 2,667 | ||
| Investment brokerage fees | 557 | 550 | ||
| Service charges on deposit accounts | 2,921 | 2,827 | ||
| Loan and service fees | 3,419 | 3,006 | ||
| Merchant and interchange fee income | 892 | 854 | ||
| Bank owned life insurance income | 1,567 | 1,040 | ||
| Interest rate swap fee income | 0 | 20 | ||
| Mortgage banking income (loss) | -6 | 124 | ||
| Net securities gains (losses) | 0 | 0 | ||
| Net gain (loss) on visa shares | 0 | 0 | ||
| Other income | 749 | 398 | ||
| Total noninterest income | 12,954 | 11,486 | ||
| Salaries and employee benefits | 20,414 | 17,096 | ||
| Net occupancy expense | 1,877 | 1,747 | ||
| Equipment costs | 1,475 | 1,437 | ||
| Data processing fees and supplies | 4,116 | 4,152 | ||
| Corporate and business development | 1,563 | 1,160 | ||
| Fdic insurance and other regulatory fees | 878 | 839 | ||
| Professional fees | 1,726 | 1,706 | ||
| Other expense | 2,916 | 2,295 | ||
| Total noninterest expense | 34,965 | 30,432 | ||
| Income before income tax expense | 32,062 | 32,930 | ||
| Income tax expense | 5,658 | 5,964 | ||
| Net income | 26,404 | 26,966 | ||
| Basic earnings per common share (in dollars per share) | 1.03 | 1.05 | ||
| Basic weighted average common shares (in shares) | 25,703,699 | 25,707,233 | ||
| Diluted earnings per common share (in dollars per share) | 1.03 | 1.04 | ||
| Diluted weighted average common shares (in shares) | 25,821,360 | 25,776,205 | ||
LAKELAND FINANCIAL CORP (LKFN)
LAKELAND FINANCIAL CORP (LKFN)