Call reports 2024
LAKELAND BANK — 2024
What LAKELAND BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 |
|---|---|
| Total assets | 10,961,829,000 |
| Total loans | 8,320,988,000 |
| Allowance for loan losses | 76,823,000 |
| Securities available for sale | 914,029,000 |
| Securities held to maturity | 827,253,000 |
| Trading assets | 0 |
| Total deposits | 8,546,349,000 |
| Interest-bearing deposits | 6,813,781,000 |
| Noninterest-bearing deposits | 1,732,568,000 |
| Equity capital | 1,311,998,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 |
|---|---|
| Interest income | 128,860,000 |
| Interest expense | 64,131,000 |
| Net interest income | 64,729,000 |
| Noninterest income | 5,188,000 |
| Noninterest expense | 44,544,000 |
| Provision for loan losses | 239,000 |
| Pretax income | 27,937,000 |
| Income tax | 6,669,000 |
| Net income | 21,268,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 |
|---|---|
| Tier 1 capital | 1,100,559,000 |
| Total capital | 1,177,598,000 |
| Risk-weighted assets | 8,635,258,000 |