2022 Q1 Form 10-Q Financial Statement

#000072199422000041 Filed on April 27, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $48.03M $47.98M
YoY Change 0.12% -4.88%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.516M $1.575M
YoY Change -3.75% 4.03%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $3.154M $4.298M
YoY Change -26.62% -62.9%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $28.18M $28.01M
YoY Change 0.6% 33.76%
Income Tax $4.539M $5.030M
% Of Pretax Income 16.11% 17.96%
Net Earnings $23.64M $22.98M
YoY Change 2.87% 32.86%
Net Earnings / Revenue 49.22% 47.9%
Basic Earnings Per Share $0.93 $0.90
Diluted Earnings Per Share $0.92 $0.90
COMMON SHARES
Basic Shares Outstanding 25.52M shares 25.46M shares
Diluted Shares Outstanding 25.69M shares 25.55M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $475.0M $501.9M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $58.88M $59.88M
YoY Change -1.67% -1.74%
Goodwill $4.970M $4.970M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $6.572B $6.017B
YoY Change 9.23% 19.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.300M $4.300M
YoY Change -46.51% -57.43%
Accrued Expenses $5.700M $4.600M
YoY Change 23.91% -8.0%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $8.000M $8.900M
YoY Change -10.11% -41.06%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $59.50M $51.20M
YoY Change 16.21% 24.27%
Total Long-Term Liabilities $59.50M $51.20M
YoY Change 16.21% -0.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.000M $8.900M
Total Long-Term Liabilities $59.50M $51.20M
Total Liabilities $5.963B $5.365B
YoY Change 11.15% 21.28%
SHAREHOLDERS EQUITY
Retained Earnings $596.6M $536.4M
YoY Change 11.22% 10.63%
Common Stock $121.1M $114.8M
YoY Change 5.55% 1.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 470.8K shares $471.6K
Shareholders Equity $609.0M $651.6M
YoY Change
Total Liabilities & Shareholders Equity $6.572B $6.017B
YoY Change 9.23% 19.61%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $23.64M $22.98M
YoY Change 2.87% 32.86%
Depreciation, Depletion And Amortization $1.516M $1.575M
YoY Change -3.75% 4.03%
Cash From Operating Activities $47.70M $23.79M
YoY Change 100.5% 21.92%
INVESTING ACTIVITIES
Capital Expenditures $1.091M $2.162M
YoY Change -49.54% 1.36%
Acquisitions
YoY Change
Other Investing Activities -$328.1M $58.10M
YoY Change -664.72% -310.51%
Cash From Investing Activities -$329.2M $55.96M
YoY Change -688.31% -288.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $212.0K $219.0K
YoY Change -3.2% -97.86%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $73.30M $172.3M
YoY Change -57.45% 296.58%
NET CHANGE
Cash From Operating Activities $47.70M $23.79M
Cash From Investing Activities -$329.2M $55.96M
Cash From Financing Activities $73.30M $172.3M
Net Change In Cash -$208.2M $252.0M
YoY Change -182.62% 659.09%
FREE CASH FLOW
Cash From Operating Activities $47.70M $23.79M
Capital Expenditures $1.091M $2.162M
Free Cash Flow $46.61M $21.63M
YoY Change 115.5% 24.44%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000721994
CY2022Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2022Q1 dei Amendment Flag
AmendmentFlag
false
CY2021Q1 us-gaap Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
http://fasb.org/us-gaap/2021-01-31#AccountingStandardsUpdate201613Member
CY2022Q1 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilities
CY2022Q1 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2022Q1 dei Document Type
DocumentType
10-Q
CY2022Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2022Q1 dei Entity File Number
EntityFileNumber
0-11487
CY2022Q1 dei Entity Registrant Name
EntityRegistrantName
LAKELAND FINANCIAL CORPORATION
CY2022Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
IN
CY2022Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
35-1559596
CY2022Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
202 East Center Street,
CY2022Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Warsaw
CY2022Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
IN
CY2022Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
46580
CY2022Q1 dei City Area Code
CityAreaCode
574
CY2022Q1 dei Local Phone Number
LocalPhoneNumber
267‑6144
CY2022Q1 dei Security12b Title
Security12bTitle
Common stock, No par value
CY2022Q1 dei Trading Symbol
TradingSymbol
LKFN
CY2022Q1 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2022Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2022Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2022Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2022Q1 dei Entity Shell Company
EntityShellCompany
false
CY2022Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
25346149 shares
CY2022Q1 us-gaap Cash And Due From Banks
CashAndDueFromBanks
71669000 USD
CY2021Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
51830000 USD
CY2022Q1 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
403355000 USD
CY2021Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
631410000 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
475024000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
683240000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
1522535000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
1398558000 USD
CY2022Q1 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
2234000 USD
CY2021Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
7470000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
67526000 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
67773000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
4286188000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
4220068000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
58883000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
59309000 USD
CY2022Q1 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
97722000 USD
CY2021Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
97652000 USD
CY2022Q1 us-gaap Federal Home Loan Bank Stock And Federal Reserve Bank Stock
FederalHomeLoanBankStockAndFederalReserveBankStock
12840000 USD
CY2021Q4 us-gaap Federal Home Loan Bank Stock And Federal Reserve Bank Stock
FederalHomeLoanBankStockAndFederalReserveBankStock
13772000 USD
CY2022Q1 us-gaap Interest Receivable
InterestReceivable
19448000 USD
CY2021Q4 us-gaap Interest Receivable
InterestReceivable
17674000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
4970000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
4970000 USD
CY2022Q1 us-gaap Other Assets
OtherAssets
92415000 USD
CY2021Q4 us-gaap Other Assets
OtherAssets
54610000 USD
CY2022Q1 us-gaap Assets
Assets
6572259000 USD
CY2021Q4 us-gaap Assets
Assets
6557323000 USD
CY2022Q1 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
1880418000 USD
CY2021Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
1895481000 USD
CY2022Q1 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
3940205000 USD
CY2021Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
3839926000 USD
CY2022Q1 us-gaap Deposits
Deposits
5820623000 USD
CY2021Q4 us-gaap Deposits
Deposits
5735407000 USD
CY2022Q1 us-gaap Secured Debt
SecuredDebt
75000000 USD
CY2021Q4 us-gaap Secured Debt
SecuredDebt
75000000 USD
CY2022Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
2303000 USD
CY2021Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
2619000 USD
CY2022Q1 us-gaap Other Liabilities
OtherLiabilities
65231000 USD
CY2021Q4 us-gaap Other Liabilities
OtherLiabilities
39391000 USD
CY2022Q1 us-gaap Liabilities
Liabilities
5963157000 USD
CY2021Q4 us-gaap Liabilities
Liabilities
5852417000 USD
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
90000000 shares
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
90000000 shares
CY2022Q1 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2021Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25816997 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25346149 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25777609 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25300793 shares
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
121138000 USD
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
120615000 USD
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
596578000 USD
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
583134000 USD
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-93687000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
16093000 USD
CY2022Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
470848 shares
CY2021Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
476816 shares
CY2022Q1 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
15016000 USD
CY2021Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
15025000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
609013000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
704817000 USD
CY2022Q1 us-gaap Minority Interest
MinorityInterest
89000 USD
CY2021Q4 us-gaap Minority Interest
MinorityInterest
89000 USD
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
609102000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
704906000 USD
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6572259000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6557323000 USD
CY2022Q1 lkfn Interest And Fee Income Taxable
InterestAndFeeIncomeTaxable
39735000 USD
CY2021Q1 lkfn Interest And Fee Income Taxable
InterestAndFeeIncomeTaxable
43461000 USD
CY2022Q1 lkfn Interest And Fee Income Nontaxable
InterestAndFeeIncomeNontaxable
169000 USD
CY2021Q1 lkfn Interest And Fee Income Nontaxable
InterestAndFeeIncomeNontaxable
104000 USD
CY2022Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
3278000 USD
CY2021Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1835000 USD
CY2022Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
4606000 USD
CY2021Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
2489000 USD
CY2022Q1 us-gaap Interest Income Other
InterestIncomeOther
246000 USD
CY2021Q1 us-gaap Interest Income Other
InterestIncomeOther
88000 USD
CY2022Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
48034000 USD
CY2021Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
47977000 USD
CY2022Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
3081000 USD
CY2021Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
4218000 USD
CY2022Q1 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
0 USD
CY2021Q1 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
7000 USD
CY2022Q1 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
73000 USD
CY2021Q1 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
73000 USD
CY2022Q1 us-gaap Interest Expense
InterestExpense
3154000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
4298000 USD
CY2022Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
44880000 USD
CY2021Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
43679000 USD
CY2022Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
417000 USD
CY2021Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1477000 USD
CY2022Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
44463000 USD
CY2021Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
42202000 USD
CY2022Q1 us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
2287000 USD
CY2021Q1 us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
2178000 USD
CY2022Q1 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
519000 USD
CY2021Q1 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
464000 USD
CY2022Q1 lkfn Fees And Commissions Depositors Accounts
FeesAndCommissionsDepositorsAccounts
2809000 USD
CY2021Q1 lkfn Fees And Commissions Depositors Accounts
FeesAndCommissionsDepositorsAccounts
2491000 USD
CY2022Q1 lkfn Fees And Commissions Loan And Service Fees
FeesAndCommissionsLoanAndServiceFees
2889000 USD
CY2021Q1 lkfn Fees And Commissions Loan And Service Fees
FeesAndCommissionsLoanAndServiceFees
2776000 USD
CY2022Q1 lkfn Fees And Commissions Credit Card
FeesAndCommissionsCreditCard
815000 USD
CY2021Q1 lkfn Fees And Commissions Credit Card
FeesAndCommissionsCreditCard
622000 USD
CY2022Q1 lkfn Bank Owned Life Insurance Income Loss
BankOwnedLifeInsuranceIncomeLoss
-83000 USD
CY2021Q1 lkfn Bank Owned Life Insurance Income Loss
BankOwnedLifeInsuranceIncomeLoss
756000 USD
CY2022Q1 lkfn Interest Rate Swap Fee Income
InterestRateSwapFeeIncome
50000 USD
CY2021Q1 lkfn Interest Rate Swap Fee Income
InterestRateSwapFeeIncome
249000 USD
CY2022Q1 lkfn Fees And Commissions Mortgage Banking And Servicing Net
FeesAndCommissionsMortgageBankingAndServicingNet
509000 USD
CY2021Q1 lkfn Fees And Commissions Mortgage Banking And Servicing Net
FeesAndCommissionsMortgageBankingAndServicingNet
1373000 USD
CY2022Q1 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
0 USD
CY2021Q1 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
753000 USD
CY2022Q1 us-gaap Noninterest Income Other
NoninterestIncomeOther
892000 USD
CY2021Q1 us-gaap Noninterest Income Other
NoninterestIncomeOther
895000 USD
CY2022Q1 us-gaap Noninterest Income
NoninterestIncome
10687000 USD
CY2021Q1 us-gaap Noninterest Income
NoninterestIncome
12557000 USD
CY2022Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
14392000 USD
CY2021Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
14385000 USD
CY2022Q1 us-gaap Occupancy Net
OccupancyNet
1629000 USD
CY2021Q1 us-gaap Occupancy Net
OccupancyNet
1503000 USD
CY2022Q1 us-gaap Equipment Expense
EquipmentExpense
1411000 USD
CY2021Q1 us-gaap Equipment Expense
EquipmentExpense
1445000 USD
CY2022Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
3081000 USD
CY2021Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
3319000 USD
CY2022Q1 lkfn Corporate And Business Development Expense
CorporateAndBusinessDevelopmentExpense
1219000 USD
CY2021Q1 lkfn Corporate And Business Development Expense
CorporateAndBusinessDevelopmentExpense
1509000 USD
CY2022Q1 lkfn Regulatory Fees And Federal Deposit Insurance Corporation Insurance
RegulatoryFeesAndFederalDepositInsuranceCorporationInsurance
439000 USD
CY2021Q1 lkfn Regulatory Fees And Federal Deposit Insurance Corporation Insurance
RegulatoryFeesAndFederalDepositInsuranceCorporationInsurance
464000 USD
CY2022Q1 us-gaap Professional Fees
ProfessionalFees
1559000 USD
CY2021Q1 us-gaap Professional Fees
ProfessionalFees
1877000 USD
CY2022Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
3239000 USD
CY2021Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
2244000 USD
CY2022Q1 us-gaap Noninterest Expense
NoninterestExpense
26969000 USD
CY2021Q1 us-gaap Noninterest Expense
NoninterestExpense
26746000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
28181000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
28013000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4539000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5030000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
23642000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
22983000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25515271 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25457659 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.93
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.90
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25690372 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25550111 shares
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.92
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
23642000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
22983000 USD
CY2022Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-138995000 USD
CY2021Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-15297000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
753000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-138995000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-16050000 USD
CY2022Q1 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-29188000 USD
CY2021Q1 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-3371000 USD
CY2022Q1 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-109807000 USD
CY2021Q1 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-12679000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
36000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
60000 USD
CY2022Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
-36000 USD
CY2021Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
-60000 USD
CY2022Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-9000 USD
CY2021Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-15000 USD
CY2022Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-27000 USD
CY2021Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-45000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-109780000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-12634000 USD
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-86138000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10349000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
657184000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
22983000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-12634000 USD
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.34
CY2021Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8647000 USD
CY2021Q1 lkfn Treasury Shares Purchased Deferred Directors Plan
TreasurySharesPurchasedDeferredDirectorsPlan
0 USD
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-1648000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1381000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
651668000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
704906000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
23642000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-109780000 USD
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2022Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10198000 USD
CY2022Q1 lkfn Treasury Shares Purchased Deferred Directors Plan
TreasurySharesPurchasedDeferredDirectorsPlan
0 USD
CY2022Q1 lkfn Treasury Stock Sold And Distributed Under Deferred Directors Plan Value
TreasuryStockSoldAndDistributedUnderDeferredDirectorsPlanValue
0 USD
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-1728000 USD
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2260000 USD
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
609102000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
23642000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
22983000 USD
CY2022Q1 us-gaap Depreciation
Depreciation
1516000 USD
CY2021Q1 us-gaap Depreciation
Depreciation
1575000 USD
CY2022Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
417000 USD
CY2021Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1477000 USD
CY2022Q1 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
223000 USD
CY2021Q1 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
198000 USD
CY2022Q1 us-gaap Servicing Asset At Amortized Value Valuation Allowance
ServicingAssetAtAmortizedValueValuationAllowance
-360000 USD
CY2021Q1 us-gaap Servicing Asset At Amortized Value Valuation Allowance
ServicingAssetAtAmortizedValueValuationAllowance
-197000 USD
CY2022Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
12468000 USD
CY2021Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
32629000 USD
CY2022Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
513000 USD
CY2021Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
1233000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
18058000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
25692000 USD
CY2022Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-1000 USD
CY2021Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
1000 USD
CY2022Q1 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
0 USD
CY2021Q1 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
753000 USD
CY2022Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1654000 USD
CY2021Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-958000 USD
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2260000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1381000 USD
CY2022Q1 lkfn Bank Owned Life Insurance Income Loss
BankOwnedLifeInsuranceIncomeLoss
-83000 USD
CY2021Q1 lkfn Bank Owned Life Insurance Income Loss
BankOwnedLifeInsuranceIncomeLoss
756000 USD
CY2022Q1 lkfn Gain On Life Insurance
GainOnLifeInsurance
0 USD
CY2021Q1 lkfn Gain On Life Insurance
GainOnLifeInsurance
202000 USD
CY2022Q1 lkfn Excess Tax Benefit From Share Based Compensation In Operating Activities
ExcessTaxBenefitFromShareBasedCompensationInOperatingActivities
500000 USD
CY2021Q1 lkfn Excess Tax Benefit From Share Based Compensation In Operating Activities
ExcessTaxBenefitFromShareBasedCompensationInOperatingActivities
266000 USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2822000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1415000 USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
16513000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
6980000 USD
CY2022Q1 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
24062000 USD
CY2021Q1 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
809000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
47704000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
23792000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
CY2021Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
13506000 USD
CY2022Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
29647000 USD
CY2021Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
31734000 USD
CY2022Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
292127000 USD
CY2021Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
161224000 USD
CY2022Q1 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
43000 USD
CY2021Q1 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
528000 USD
CY2022Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
66537000 USD
CY2021Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-174303000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2162000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
932000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2000 USD
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1091000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
0 USD
CY2022Q1 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
0 USD
CY2021Q1 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
329000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-329219000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
55960000 USD
CY2022Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
85216000 USD
CY2021Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
193165000 USD
CY2022Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
0 USD
CY2021Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-10500000 USD
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
10198000 USD
CY2021Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
8647000 USD
CY2022Q1 lkfn Proceeds From Repayment Of Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromRepaymentOfIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1728000 USD
CY2021Q1 lkfn Proceeds From Repayment Of Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromRepaymentOfIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1648000 USD
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
212000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
219000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
221000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
115000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
73299000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
172266000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-208216000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
252018000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
683240000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
249927000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
475024000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
501945000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
3470000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
5973000 USD
CY2022Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
0 USD
CY2021Q1 lkfn Securities Purchase Not Settled
SecuritiesPurchaseNotSettled
5855000 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1612000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2021Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
131000 USD
CY2022Q1 lkfn Securities Purchase Not Settled
SecuritiesPurchaseNotSettled
2146000 USD
CY2022Q1 lkfn Number Of Wholly Owned Subsidiaries
NumberOfWhollyOwnedSubsidiaries
2 subsidiary
CY2022Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:12pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassification</span></div><div style="text-indent:36pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain amounts appearing in the consolidated financial statements and notes thereto for prior periods have been reclassified to conform with the current presentation. The reclassifications had no effect on net income or stockholders' equity as previously reported.</span></div>
CY2022Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
1639941000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
5288000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
122694000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
1522535000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
1376969000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
30244000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
8655000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
1398558000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis
3356000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
3357000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis
11031000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue
11140000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis
54556000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue
54559000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Rolling After Year Ten Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis
936248000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Rolling After Year Ten Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue
857062000 USD
CY2022Q1 lkfn Available For Sale Securities With Maturities Amortized Cost
AvailableForSaleSecuritiesWithMaturitiesAmortizedCost
1005191000 USD
CY2022Q1 lkfn Available For Sale Securities With Maturities Fair Value
AvailableForSaleSecuritiesWithMaturitiesFairValue
926118000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
634750000 USD
CY2022Q1 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
596417000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
1639941000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
1522535000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
CY2021Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
13506000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
0 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
753000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
0 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
0 USD
CY2022Q1 lkfn Number Of Debt Securities Available For Sale Sold At Fair Value
NumberOfDebtSecuritiesAvailableForSaleSoldAtFairValue
0 security
CY2021Q1 lkfn Number Of Debt Securities Available For Sale Sold At Fair Value
NumberOfDebtSecuritiesAvailableForSaleSoldAtFairValue
7 security
CY2022Q1 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
272600000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
300800000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
1130257000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
106993000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
139382000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
15701000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
1269639000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
122694000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
496891000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
6714000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
51468000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
1941000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
548359000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
8655000 USD
CY2022Q1 lkfn Number Of Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than12 Months
NumberOfAvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThan12Months
485 position
CY2022Q1 lkfn Number Of Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions12 Months Or More
NumberOfAvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions12MonthsOrMore
23 position
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
508 position
CY2021Q4 lkfn Number Of Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than12 Months
NumberOfAvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThan12Months
117 position
CY2021Q4 lkfn Number Of Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions12 Months Or More
NumberOfAvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions12MonthsOrMore
8 position
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
125 position
CY2022Q1 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
8800000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
7400000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
4356471000 USD
CY2022Q1 lkfn Percentage Of Receivables Before Credit Allowance Carrying Amount
PercentageOfReceivablesBeforeCreditAllowanceCarryingAmount
1.000
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
4291105000 USD
CY2021 lkfn Percentage Of Receivables Before Credit Allowance Carrying Amount
PercentageOfReceivablesBeforeCreditAllowanceCarryingAmount
1.000
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
67526000 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
67773000 USD
CY2022Q1 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
2757000 USD
CY2021Q4 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
3264000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
4286188000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
4220068000 USD
CY2022Q1 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
10300000 USD
CY2021Q4 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
10000000 USD
CY2022Q1 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
239000 USD
CY2021Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
350000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<div style="margin-bottom:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company maintains an allowance for credit losses to provide for expected credit losses. Losses are charged against the allowance when management believes that the principal is uncollectable. Subsequent recoveries, if any, are credited to the allowance. Allocations of the allowance are made for specific loans and for pools of similar types of loans, although the entire allowance is available for any loan that, in management’s judgment, should be charged against the allowance. A provision for credit losses is taken based on management’s ongoing evaluation of the appropriate allowance balance. A formal evaluation of the adequacy of the credit loss allowance is conducted monthly. The ultimate recovery of all loans is susceptible to future market factors beyond the Company’s control.</span></div><div style="margin-bottom:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The level of credit loss provision is influenced by growth in the overall loan portfolio, emerging market risk, emerging concentration risk, commercial loan focus and large credit concentration, new industry lending activity, general economic conditions and historical loss analysis. In addition, management gives consideration to changes in the facts and circumstances of watch list credits, which includes the security position of the borrower, in determining the appropriate level of the credit loss provision. Furthermore, management’s overall view on credit quality is a factor in the determination of the provision.</span></div><div style="margin-bottom:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The determination of the appropriate allowance is inherently subjective, as it requires significant estimates by management. The Company has an established process to determine the adequacy of the allowance for credit losses that generally includes consideration of changes in the nature and volume of the loan portfolio and overall portfolio quality, along with current and forecasted economic conditions that may affect borrowers’ ability to repay. Consideration is not limited to these factors although they represent the most commonly cited factors. To determine the specific allocation levels for individual credits, management considers the current valuation of collateral and the amounts and timing of expected future cash flows as the primary measures. Management also considers trends in adversely classified loans based upon an ongoing review of those credits. With respect to pools of similar loans, an appropriate level of general allowance is determined by portfolio segment using a probability of default-loss given default (“PD/LGD”) model, subject to a floor. A default can be triggered by one of several different asset quality factors, including past due status, nonaccrual status, TDR status or if the loan has had a charge-off. This PD is then combined with a LGD derived from historical charge-off data to construct a default rate. This loss rate is then supplemented with adjustments for reasonable and supportable forecasts of relevant economic indicators, particularly the unemployment rate forecast from the Federal Open Market Committee’s Summary of Economic Projections, and other environmental factors based on the risks present for each portfolio segment. These environmental factors include consideration of the following: levels of, and trends in, delinquencies and nonperforming loans; trends in volume and terms of loans; effects of any changes in risk selection and underwriting standards; other changes in lending policies, procedure, and practices; experience, ability, and depth of lending management and other relevant staff; national and local economic trends and conditions; industry conditions; and effects of changes in credit concentrations. It is also possible that these factors could include social, political, economic, and terrorist events or activities. All of these factors are susceptible to change, which may be significant. As a result of this detailed process, the allowance results in two forms of allocations, specific and general. These two components represent the total allowance for credit losses deemed adequate to cover probable losses inherent in the loan portfolio.</span></div><div style="margin-bottom:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Commercial loans are subject to a dual standardized grading process administered by the credit administration function. These grade assignments are performed independent of each other and a consensus is reached by credit administration and the loan review officer. Specific allowances are established in cases where management has identified significant conditions or circumstances related to an individual credit that indicate it should be evaluated on an individual basis. Considerations with respect to specific allocations for these individual credits include, but are not limited to, the following: (a) the sufficiency of the customer’s cash flow or net worth to repay the loan; (b) the adequacy of the discounted value of collateral relative to the loan balance; (c) whether the loan has been criticized in a regulatory examination; (d) whether the loan is nonperforming; (e) any other reasons the ultimate collectability of the loan may be in question; or (f) any unique loan characteristics that require special monitoring.</span></div><div style="margin-bottom:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Allocations are also applied to categories of loans considered not to be individually analyzed, but for which the rate of loss is expected to be consistent with or greater than historical averages. Such allocations are based on past loss experience and information about specific borrower situations and estimated collateral values. These general pooled loan allocations are performed for portfolio segments of commercial and industrial; commercial real estate, multi-family, and construction; agri-business and agricultural; other commercial loans; and consumer 1-4 family mortgage and other consumer loans. General allocations of the allowance are determined by a historical loss rate based on the calculation of each pool’s probability of default-loss given default, subject to a floor. The length of the historical period for each pool is based on the average life of the pool. The historical loss rates are supplemented with consideration of economic conditions and portfolio trends.</span></div><div style="margin-bottom:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Due to the imprecise nature of estimating the allowance for credit losses, the Company’s allowance for credit losses includes an unallocated component. The unallocated component of the allowance for credit losses incorporates the Company’s judgmental determination of potential expected losses that may not be fully reflected in other allocations, including factors such as the level of classified credits, economic uncertainties, industry trends impacting specific portfolio segments, broad portfolio quality trends, and trends in the composition of the Company’s large commercial loan portfolio and related large dollar exposures to individual borrowers. As a practical expedient, the Company has elected to disclose accrued interest separately from loan principal balances on the consolidated balance sheet. Additionally, when a loan is placed on non-accrual, interest payments are reversed through interest income.</span></div><div style="margin-bottom:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For off balance sheet credit exposures outlined in the ASU at 326-20-30-11, it is the Company’s position that nearly all of the unfunded amounts on lines of credit are unconditionally cancellable, and therefore not subject to having a liability recorded.</span></div>
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
67773000 USD
CY2022Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
417000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
740000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
76000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
664000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
67526000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
61408000 USD
CY2021Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1477000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
236000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
145000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
91000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
71844000 USD
CY2022Q1 lkfn Loan Amount Of Credit Quality Analysis
LoanAmountOfCreditQualityAnalysis
250000 USD
CY2022Q1 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
201397000 USD
CY2022Q1 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
816358000 USD
CY2022Q1 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
664014000 USD
CY2022Q1 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
378947000 USD
CY2022Q1 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
181461000 USD
CY2022Q1 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
395936000 USD
CY2022Q1 us-gaap Financing Receivable Revolving Converted To Term Loan
FinancingReceivableRevolvingConvertedToTermLoan
2638113000 USD
CY2022Q1 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
1715601000 USD
CY2022Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
4353714000 USD
CY2021Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
839292000 USD
CY2021Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
719840000 USD
CY2021Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
414127000 USD
CY2021Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
207202000 USD
CY2021Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
217546000 USD
CY2021Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
266255000 USD
CY2021Q4 us-gaap Financing Receivable Revolving Converted To Term Loan
FinancingReceivableRevolvingConvertedToTermLoan
2664262000 USD
CY2021Q4 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
1623579000 USD
CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
4287841000 USD
CY2022Q1 lkfn Financing Receivable Amortized Cost Nonaccrual
FinancingReceivableAmortizedCostNonaccrual
13900000 USD
CY2022Q1 lkfn Financing Receivable Amortized Cost Nonaccrual With No Allowance Of Credit Loss
FinancingReceivableAmortizedCostNonaccrualWithNoAllowanceOfCreditLoss
6468000 USD
CY2022Q1 lkfn Financing Receivable Amortized Cost Before Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAmortizedCostBeforeAllowanceForCreditLossExcludingAccruedInterest
4353714000 USD
CY2021Q4 lkfn Financing Receivable Amortized Cost Nonaccrual
FinancingReceivableAmortizedCostNonaccrual
14973000 USD
CY2021Q4 lkfn Financing Receivable Amortized Cost Nonaccrual With No Allowance Of Credit Loss
FinancingReceivableAmortizedCostNonaccrualWithNoAllowanceOfCreditLoss
7711000 USD
CY2021Q4 lkfn Financing Receivable Amortized Cost Before Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAmortizedCostBeforeAllowanceForCreditLossExcludingAccruedInterest
4287841000 USD
CY2022Q1 lkfn Financing Receivable Troubled Debt Restructuring Accruing
FinancingReceivableTroubledDebtRestructuringAccruing
4976000 USD
CY2021Q4 lkfn Loans Receivable Accruing Troubled Debt Restructured Loans
LoansReceivableAccruingTroubledDebtRestructuredLoans
5121000 USD
CY2022Q1 lkfn Financing Receivable Troubled Debt Restructuring Nonaccrual
FinancingReceivableTroubledDebtRestructuringNonaccrual
6443000 USD
CY2021Q4 lkfn Loans Receivable Nonaccrual Troubled Debt Restructured Loans
LoansReceivableNonaccrualTroubledDebtRestructuredLoans
6218000 USD
CY2022Q1 lkfn Financing Receivable Modifications
FinancingReceivableModifications
11419000 USD
CY2021Q4 lkfn Loans Receivable Modifications
LoansReceivableModifications
11339000 USD
CY2022Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
2700000 USD
CY2022Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
3000000 USD
CY2022Q1 us-gaap Servicing Asset At Amortized Cost Other Than Temporary Impairments
ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments
355000 USD
CY2022Q1 lkfn Percentage Of Discount From Appraised Value
PercentageOfDiscountFromAppraisedValue
0.0339
CY2022Q1 lkfn Weighted Average Maturity Of Residential Mortgages
WeightedAverageMaturityOfResidentialMortgages
P21Y
CY2022Q1 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Qualitative Information
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueQualitativeInformation
228
CY2022Q1 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Discount Rate
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueDiscountRate
0.095
CY2021 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Qualitative Information
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueQualitativeInformation
249
CY2021 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Discount Rate
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueDiscountRate
0.095
CY2022Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
475024000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
1522535000 USD
CY2022Q1 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
2270000 USD
CY2022Q1 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
4169000000 USD
CY2022Q1 lkfn Mortgage Banking Derivative Assets Fair Value Disclosure
MortgageBankingDerivativeAssetsFairValueDisclosure
257000 USD
CY2022Q1 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
19485000 USD
CY2022Q1 lkfn Accrued Interest Receivable Fair Value
AccruedInterestReceivableFairValue
19448000 USD
CY2022Q1 lkfn Certificates Of Deposit Fair Value
CertificatesOfDepositFairValue
817622000 USD
CY2022Q1 lkfn All Other Deposits Fair Value
AllOtherDepositsFairValue
5006360000 USD
CY2022Q1 us-gaap Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
61200000 USD
CY2022Q1 lkfn Mortgage Banking Derivative Liabilities Fair Value Disclosure
MortgageBankingDerivativeLiabilitiesFairValueDisclosure
3000 USD
CY2022Q1 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
19499000 USD
CY2022Q1 us-gaap Commitments Fair Value Disclosure
CommitmentsFairValueDisclosure
202000 USD
CY2022Q1 lkfn Accrued Interest Payable Fair Value Current
AccruedInterestPayableFairValueCurrent
2303000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
683240000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1398558000 USD
CY2021Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
7634000 USD
CY2021Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
4144000000 USD
CY2021Q4 lkfn Mortgage Banking Derivative Assets Fair Value Disclosure
MortgageBankingDerivativeAssetsFairValueDisclosure
398000 USD
CY2021Q4 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
14309000 USD
CY2021Q4 lkfn Accrued Interest Receivable Fair Value
AccruedInterestReceivableFairValue
17674000 USD
CY2021Q4 lkfn Certificates Of Deposit Fair Value
CertificatesOfDepositFairValue
833617000 USD
CY2021Q4 lkfn All Other Deposits Fair Value
AllOtherDepositsFairValue
4905889000 USD
CY2021Q4 us-gaap Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
66118000 USD
CY2021Q4 lkfn Mortgage Banking Derivative Liabilities Fair Value Disclosure
MortgageBankingDerivativeLiabilitiesFairValueDisclosure
2000 USD
CY2021Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
14329000 USD
CY2021Q4 us-gaap Commitments Fair Value Disclosure
CommitmentsFairValueDisclosure
272000 USD
CY2021Q4 lkfn Accrued Interest Payable Fair Value Current
AccruedInterestPayableFairValueCurrent
2619000 USD
CY2021Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 USD
CY2022Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
19485000 USD
CY2022Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2022Q1 us-gaap Derivative Assets
DerivativeAssets
19485000 USD
CY2022Q1 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 USD
CY2022Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
15415000 USD
CY2022Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
4070000 USD
CY2022Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
19499000 USD
CY2022Q1 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 USD
CY2022Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
19499000 USD
CY2022Q1 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
0 USD
CY2022Q1 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
90000 USD
CY2022Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
19409000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
14309000 USD
CY2021Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2021Q4 us-gaap Derivative Assets
DerivativeAssets
14309000 USD
CY2021Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
2255000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
12054000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
14329000 USD
CY2021Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 USD
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
14329000 USD
CY2021Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
0 USD
CY2021Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
7995000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
6334000 USD
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25515271 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25457659 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
175101 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
92452 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25690372 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25550111 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.93
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.90
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.92
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
530000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
717000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
734000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
752000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
731000 USD
CY2022Q1 lkfn Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
2938000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6402000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
703000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
5699000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5699000 USD
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
170000 USD
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
135000 USD
CY2022Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
6000 USD
CY2021Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
6000 USD
CY2022Q1 us-gaap Lease Cost
LeaseCost
176000 USD
CY2021Q1 us-gaap Lease Cost
LeaseCost
141000 USD
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
170000 USD
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
135000 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y10M24D
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y7M6D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.025
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.028

Files In Submission

Name View Source Status
0000721994-22-000041-index-headers.html Edgar Link pending
0000721994-22-000041-index.html Edgar Link pending
0000721994-22-000041.txt Edgar Link pending
0000721994-22-000041-xbrl.zip Edgar Link pending
exhibit311-q12022.htm Edgar Link pending
exhibit312-q12022.htm Edgar Link pending
exhibit321-q12022.htm Edgar Link pending
exhibit322-q12022.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
lkfn-20220331.htm Edgar Link pending
lkfn-20220331.xsd Edgar Link pending
lkfn-20220331_cal.xml Edgar Link unprocessable
lkfn-20220331_def.xml Edgar Link unprocessable
lkfn-20220331_htm.xml Edgar Link completed
lkfn-20220331_lab.xml Edgar Link unprocessable
lkfn-20220331_pre.xml Edgar Link unprocessable
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending