Lakeland Financial Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	141.32	168.21	151.82	130.28	683.24
Investment Securities	1,185	718.09	749.8	835.96	923.06
Mortgage-Backed Securities	-	422.41	447.84	492.31	487.2
Total Investments	1,185	1,140	1,198	1,328	1,410
Gross Loans	5,378	5,121	4,920	4,713	4,291
Allowance for Loan Losses	-69	-85.96	-71.97	-72.61	-67.77
Other Adjustments to Gross Loans	-2.51	-2.69	-3.46	-3.07	-3.26
Net Loans	5,306	5,032	4,845	4,638	4,220
Property, Plant & Equipment	65.54	67.27	57.9	58.1	59.31
Goodwill	4.97	4.97	4.97	4.97	4.97
Loans Held for Sale	2.71	1.7	1.16	0.36	7.47
Accrued Interest Receivable	29	28.45	30.01	27.99	17.67
Other Real Estate Owned & Foreclosed	0.05	0.28	0.38	0.1	0.2
Other Long-Term Assets	254.82	235.02	235.58	244.51	154.14
Total Assets	6,990	6,678	6,524	6,432	6,557
Interest Bearing Deposits	4,203	3,961	3,574	3,268	3,213
Institutional Deposits	549.38	642.78	792.74	455.43	627.12
Non-Interest Bearing Deposits	1,221	1,297	1,353	1,737	1,895
Total Deposits	5,973	5,901	5,721	5,461	5,735
Short-Term Borrowings	170	25.4	77.19	297	-
Current Portion of Leases	-	0.82	-	-	-
Accrued Interest Payable	8.87	15.12	20.89	3.19	2.62
Long-Term Debt	13	-	-	-	-
Federal Home Loan Bank Debt, Long-Term	1.2	-	-	-	75
Long-Term Leases	-	5.96	-	-	-
Pension & Post-Retirement Benefits	-	0.15	-0.19	0.18	-0.02
Other Long-Term Liabilities	61.11	46.05	55.82	102.5	39.42
Total Liabilities	6,228	5,994	5,874	5,863	5,852
Common Stock	136.97	129.66	127.69	127	120.62
Retained Earnings	788.35	736.41	692.76	646.1	583.13
Treasury Stock	-35.77	-15.75	-15.55	-15.38	-15.03
Comprehensive Income & Other	-127.14	-166.5	-155.2	-188.92	16.09
Total Common Equity	762.4	683.82	649.7	568.8	704.82
Minority Interest	0.09	0.09	0.09	0.09	0.09
Shareholders' Equity	762.49	683.91	649.79	568.89	704.91
Total Liabilities & Equity	6,990	6,678	6,524	6,432	6,557
Total Debt	184.2	32.18	77.19	297	75
Net Cash (Debt)	-42.88	136.03	74.63	-166.72	608.24
Net Cash Growth	-	82.26%	-	-	269.92%
Net Cash Per Share	-1.66	5.28	2.90	-6.48	23.74
Filing Date Shares Outstanding	25.22	25.56	25.51	25.43	25.34
Total Common Shares Outstanding	25.22	25.51	25.43	25.35	25.3
Book Value Per Share	30.23	26.81	25.55	22.44	27.86
Tangible Book Value	757.43	678.85	644.73	563.83	699.85
Tangible Book Value Per Share	30.03	26.61	25.35	22.24	27.66

Updated Jan 26, 2026. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q