Call reports 2020
LAKELAND BANK — 2020
What LAKELAND BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 7,009,565,000 | 7,484,185,000 | 7,512,619,000 | 7,662,666,000 |
| Total loans | 5,331,721,000 | 5,758,948,000 | 5,847,788,000 | 6,022,567,000 |
| Allowance for loan losses | 48,884,000 | 57,839,000 | 65,242,000 | 71,124,000 |
| Securities available for sale | 813,090,000 | 811,981,000 | 783,331,000 | 855,746,000 |
| Securities held to maturity | 114,752,000 | 108,834,000 | 96,893,000 | 90,766,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,486,752,000 | 6,152,827,000 | 6,291,791,000 | 6,484,982,000 |
| Interest-bearing deposits | 4,311,961,000 | 4,624,008,000 | 4,779,318,000 | 4,931,844,000 |
| Noninterest-bearing deposits | 1,174,791,000 | 1,528,819,000 | 1,512,473,000 | 1,553,138,000 |
| Equity capital | 813,024,000 | 824,244,000 | 832,877,000 | 842,473,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 63,545,000 | 124,485,000 | 185,887,000 | 248,734,000 |
| Interest expense | 12,185,000 | 21,147,000 | 28,954,000 | 35,189,000 |
| Net interest income | 51,360,000 | 103,338,000 | 156,933,000 | 213,545,000 |
| Noninterest income | 8,308,000 | 13,581,000 | 20,515,000 | 26,408,000 |
| Noninterest expense | 32,399,000 | 63,677,000 | 95,606,000 | 133,509,000 |
| Provision for loan losses | 9,223,000 | 18,223,000 | 26,223,000 | 25,977,000 |
| Pretax income | 18,571,000 | 35,628,000 | 56,222,000 | 81,781,000 |
| Income tax | 3,963,000 | 8,299,000 | 13,056,000 | 18,904,000 |
| Net income | 14,608,000 | 27,329,000 | 43,166,000 | 62,877,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 645,250,000 | 654,149,000 | 663,523,000 | 672,832,000 |
| Total capital | 696,122,000 | 713,976,000 | 730,753,000 | 745,276,000 |
| Risk-weighted assets | 5,653,168,000 | 5,787,492,000 | 5,928,512,000 | 6,099,205,000 |