Call reports 2021
LAKELAND BANK — 2021
What LAKELAND BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 7,770,967,000 | 7,851,885,000 | 8,171,179,000 | 8,195,337,000 |
| Total loans | 6,110,176,000 | 5,989,648,000 | 5,881,653,000 | 5,978,091,000 |
| Allowance for loan losses | 67,252,000 | 60,389,000 | 57,953,000 | 58,047,000 |
| Securities available for sale | 968,394,000 | 988,673,000 | 529,381,000 | 769,956,000 |
| Securities held to maturity | 84,994,000 | 94,415,000 | 693,745,000 | 825,137,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,667,686,000 | 6,745,931,000 | 6,975,884,000 | 7,006,531,000 |
| Interest-bearing deposits | 4,989,039,000 | 5,015,622,000 | 5,191,986,000 | 5,218,825,000 |
| Noninterest-bearing deposits | 1,678,647,000 | 1,730,309,000 | 1,783,898,000 | 1,787,706,000 |
| Equity capital | 843,905,000 | 863,467,000 | 944,219,000 | 953,268,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 63,409,000 | 128,649,000 | 193,587,000 | 257,318,000 |
| Interest expense | 5,194,000 | 9,495,000 | 13,551,000 | 17,064,000 |
| Net interest income | 58,215,000 | 119,154,000 | 180,036,000 | 240,254,000 |
| Noninterest income | 5,895,000 | 11,132,000 | 16,652,000 | 22,602,000 |
| Noninterest expense | 33,779,000 | 67,725,000 | 103,982,000 | 139,258,000 |
| Provision for loan losses | -2,808,000 | -8,122,000 | -10,828,000 | -10,915,000 |
| Pretax income | 32,829,000 | 71,038,000 | 103,828,000 | 134,218,000 |
| Income tax | 7,480,000 | 21,614,000 | 26,669,000 | 33,739,000 |
| Net income | 25,349,000 | 49,424,000 | 77,159,000 | 100,479,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 687,582,000 | 700,171,000 | 779,901,000 | 792,362,000 |
| Total capital | 756,172,000 | 761,835,000 | 839,290,000 | 852,338,000 |
| Risk-weighted assets | 6,119,104,000 | 6,149,434,000 | 6,069,299,000 | 6,235,174,000 |