Call reports 2023
LAKELAND BANK — 2023
What LAKELAND BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 10,836,959,000 | 10,891,052,000 | 11,168,588,000 | 11,130,342,000 |
| Total loans | 7,952,553,000 | 8,101,850,000 | 8,295,308,000 | 8,344,525,000 |
| Allowance for loan losses | 71,403,000 | 73,965,000 | 75,159,000 | 77,163,000 |
| Securities available for sale | 1,029,127,000 | 988,973,000 | 942,510,000 | 946,282,000 |
| Securities held to maturity | 902,655,000 | 879,252,000 | 847,845,000 | 836,523,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,587,597,000 | 8,494,490,000 | 8,650,218,000 | 8,629,461,000 |
| Interest-bearing deposits | 6,529,286,000 | 6,570,714,000 | 6,737,420,000 | 6,792,324,000 |
| Noninterest-bearing deposits | 2,058,311,000 | 1,923,776,000 | 1,912,798,000 | 1,837,137,000 |
| Equity capital | 1,257,273,000 | 1,263,510,000 | 1,264,876,000 | 1,301,267,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 114,405,000 | 235,173,000 | 361,712,000 | 491,038,000 |
| Interest expense | 36,427,000 | 83,545,000 | 139,002,000 | 200,828,000 |
| Net interest income | 77,978,000 | 151,628,000 | 222,710,000 | 290,210,000 |
| Noninterest income | 6,088,000 | 12,850,000 | 18,526,000 | 24,886,000 |
| Noninterest expense | 48,455,000 | 95,374,000 | 139,623,000 | 182,410,000 |
| Provision for loan losses | 1,213,000 | 3,635,000 | 4,962,000 | 7,209,000 |
| Pretax income | 27,866,000 | 59,277,000 | 90,230,000 | 119,744,000 |
| Income tax | 6,344,000 | 13,529,000 | 23,641,000 | 28,083,000 |
| Net income | 21,522,000 | 45,748,000 | 66,589,000 | 91,661,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,046,578,000 | 1,062,440,000 | 1,073,874,000 | 1,088,605,000 |
| Total capital | 1,118,545,000 | 1,136,872,000 | 1,149,461,000 | 1,166,090,000 |
| Risk-weighted assets | 8,467,829,000 | 8,522,981,000 | 8,735,744,000 | 8,684,838,000 |