$LKFN
LAKELAND FINANCIAL CORP

2020 Q1 Form 10-Q Financial Statement

#000110465920054046 Filed on April 30, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $50.44M $53.49M
YoY Change -5.71% 16.12%
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 $1.514M $1.417M
YoY Change 6.85% 0.93%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $11.59M $15.29M
YoY Change -24.21% 55.26%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $20.94M $26.06M
YoY Change -19.64% 20.65%
Income Tax $3.643M $4.379M
% Of Pretax Income 17.4% 16.8%
Net Earnings $17.30M $21.68M
YoY Change -20.21% 18.25%
Net Earnings / Revenue 34.3% 40.53%
Basic Earnings Per Share $0.68 $0.85
Diluted Earnings Per Share $0.67 $0.84
COMMON SHARES
Basic Shares Outstanding 25.62M 25.49M
Diluted Shares Outstanding 25.74M 25.67M

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $132.6M $188.8M
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 $60.95M $58.76M
YoY Change 3.72% 5.49%
Goodwill $4.970M $4.970M
YoY Change 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 $5.030B $4.892B
YoY Change 2.82% 3.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.10M $11.80M
YoY Change -14.41% 57.33%
Accrued Expenses $5.000M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $122.0M
YoY Change 28.83%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $15.10M $11.80M
YoY Change 27.97% 57.33%
LONG-TERM LIABILITIES
Long-Term Debt $10.50M $30.90M
YoY Change -66.02% 0.0%
Other Long-Term Liabilities $41.20M $36.50M
YoY Change 12.88% 73.81%
Total Long-Term Liabilities $51.70M $67.40M
YoY Change -23.29% 29.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.10M $11.80M
Total Long-Term Liabilities $51.70M $67.40M
Total Liabilities $4.424B $4.349B
YoY Change 1.72% 2.23%
SHAREHOLDERS EQUITY
Retained Earnings $484.9M $433.0M
YoY Change 11.99%
Common Stock $113.3M $111.6M
YoY Change 1.58%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.833M
YoY Change
Treasury Stock Shares $466.5K $171.8K
Shareholders Equity $606.5M $543.2M
YoY Change
Total Liabilities & Shareholders Equity $5.030B $4.892B
YoY Change 2.82% 3.49%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $17.30M $21.68M
YoY Change -20.21% 18.25%
Depreciation, Depletion And Amortization $1.514M $1.417M
YoY Change 6.85% 0.93%
Cash From Operating Activities $19.52M $23.66M
YoY Change -17.52% -8.79%
INVESTING ACTIVITIES
Capital Expenditures $2.133M $2.091M
YoY Change 2.01% 208.41%
Acquisitions
YoY Change
Other Investing Activities -$27.60M -$20.70M
YoY Change 33.33% -65.79%
Cash From Investing Activities -$29.75M -$22.78M
YoY Change 30.61% -62.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $10.23M $195.0K
YoY Change 5144.62% 5.41%
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities 43.44M -29.05M
YoY Change -249.54% -208.98%
NET CHANGE
Cash From Operating Activities 19.52M 23.66M
Cash From Investing Activities -29.75M -22.78M
Cash From Financing Activities 43.44M -29.05M
Net Change In Cash 33.20M -28.17M
YoY Change -217.86% 226.45%
FREE CASH FLOW
Cash From Operating Activities $19.52M $23.66M
Capital Expenditures $2.133M $2.091M
Free Cash Flow $17.38M $21.57M
YoY Change -19.41% -14.62%

Facts In Submission

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ComprehensiveIncomeNetOfTax
27790000
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
30360000
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
521704000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
21682000
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
8678000
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.26
CY2019Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
6581000
CY2019Q1 lkfn Exercises Of Warrants Value
ExercisesOfWarrantsValue
0
CY2019Q1 lkfn Treasury Shares Purchased Deferred Directors Plan
TreasurySharesPurchasedDeferredDirectorsPlan
0
CY2019Q1 lkfn Treasury Stock Sold And Distributed Under Deferred Directors Plan Value
TreasuryStockSoldAndDistributedUnderDeferredDirectorsPlanValue
0
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2089000
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1200000
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
543267000
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
598100000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
17299000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
10491000
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
7689000
CY2020Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
10012000
CY2020Q1 lkfn Treasury Shares Purchased Deferred Directors Plan
TreasurySharesPurchasedDeferredDirectorsPlan
0
CY2020Q1 lkfn Treasury Stock Sold And Distributed Under Deferred Directors Plan Value
TreasuryStockSoldAndDistributedUnderDeferredDirectorsPlanValue
0
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-2030000
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
413000
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
606572000
CY2020Q1 us-gaap Profit Loss
ProfitLoss
17299000
CY2019Q1 us-gaap Profit Loss
ProfitLoss
21682000
CY2020Q1 us-gaap Depreciation
Depreciation
1514000
CY2019Q1 us-gaap Depreciation
Depreciation
1417000
CY2020Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
6600000
CY2019Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1200000
CY2020Q1 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
167000
CY2019Q1 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
122000
CY2020Q1 us-gaap Servicing Asset At Amortized Value Valuation Allowance
ServicingAssetAtAmortizedValueValuationAllowance
246000
CY2019Q1 us-gaap Servicing Asset At Amortized Value Valuation Allowance
ServicingAssetAtAmortizedValueValuationAllowance
0
CY2020Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
16801000
CY2019Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
7454000
CY2020Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
420000
CY2019Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
258000
CY2020Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
13601000
CY2019Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
6835000
CY2020Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-21000
CY2019Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-1000
CY2020Q1 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
0
CY2019Q1 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
23000
CY2020Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-946000
CY2019Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-817000
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
413000
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1200000
CY2020Q1 lkfn Bank Owned Life Insurance Income Loss
BankOwnedLifeInsuranceIncomeLoss
-292000
CY2019Q1 lkfn Bank Owned Life Insurance Income Loss
BankOwnedLifeInsuranceIncomeLoss
444000
CY2020Q1 lkfn Gain On Life Insurance
GainOnLifeInsurance
570000
CY2019Q1 lkfn Gain On Life Insurance
GainOnLifeInsurance
841000
CY2020Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
71000
CY2019Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
529000
CY2020Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1175000
CY2019Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1342000
CY2020Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-2547000
CY2019Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1276000
CY2020Q1 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
2216000
CY2019Q1 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
1977000
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
19515000
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
23659000
CY2020Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
CY2019Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
13693000
CY2020Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
16393000
CY2019Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
16026000
CY2020Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
20211000
CY2019Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
22183000
CY2020Q1 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
232000
CY2019Q1 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
5362000
CY2020Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
23588000
CY2019Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
24356000
CY2020Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
18000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
216922000
CY2019Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
10000
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2133000
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2091000
CY2020Q1 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
0
CY2019Q1 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
1483000
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-29753000
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22780000
CY2020Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
147884000
CY2019Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
103372000
CY2020Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
10500000
CY2019Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
46445000
CY2020Q1 lkfn Paymentsonshorttermfhlbankborrowings
Paymentsonshorttermfhlbankborrowings
170000000
CY2019Q1 lkfn Paymentsonshorttermfhlbankborrowings
Paymentsonshorttermfhlbankborrowings
170000000
CY2020Q1 lkfn Proceeds From Short Term Fhlb Bank Borrowings
ProceedsFromShortTermFhlbBankBorrowings
75000000
CY2019Q1 lkfn Proceeds From Short Term Fhlb Bank Borrowings
ProceedsFromShortTermFhlbBankBorrowings
0
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
7689000
CY2019Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
6581000
CY2020Q1 lkfn Proceeds From Repayment Of Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromRepaymentOfIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
-2030000
CY2019Q1 lkfn Proceeds From Repayment Of Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromRepaymentOfIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
-2089000
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10227000
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
195000
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
43438000
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-29048000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
33200000
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-28169000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
99381000
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
132581000
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
188753000
CY2020Q1 us-gaap Interest Paid
InterestPaid
13107000
CY2019Q1 us-gaap Interest Paid
InterestPaid
13896000
CY2020Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
35000
CY2019Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
0
CY2020Q1 lkfn Securities Purchase Not Settled
SecuritiesPurchaseNotSettled
0
CY2019Q1 lkfn Securities Purchase Not Settled
SecuritiesPurchaseNotSettled
8725000
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5483000
CY2020Q1 lkfn Number Of Wholly Owned Subsidiaries
NumberOfWhollyOwnedSubsidiaries
2
CY2020Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Times New Roman';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Reclassifications</p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt;">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.</p>
CY2020Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
593882000
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
30645000
CY2020Q1 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
202000
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
624325000
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
591009000
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
17841000
CY2019Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
617000
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
608233000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
3924000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
3946000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
15371000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
15741000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
27257000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
28584000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
225653000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
240970000
CY2020Q1 lkfn Available For Sale Securities With Maturities Amortized Cost
AvailableForSaleSecuritiesWithMaturitiesAmortizedCost
272205000
CY2020Q1 lkfn Available For Sale Securities With Maturities Fair Value
AvailableForSaleSecuritiesWithMaturitiesFairValue
289241000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
321677000
CY2020Q1 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
335084000
CY2020Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
593882000
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
624325000
CY2020Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
CY2019Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
13693000
CY2020Q1 us-gaap Debt Securities Available For Sale Realized Gain Loss Excluding Other Than Temporary Impairment
DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment
0
CY2019Q1 us-gaap Debt Securities Available For Sale Realized Gain Loss Excluding Other Than Temporary Impairment
DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment
70000
CY2020Q1 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
0
CY2019Q1 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
47000
CY2020Q1 lkfn Number Of Debt Securities Available For Sale Sold At Fair Value
NumberOfDebtSecuritiesAvailableForSaleSoldAtFairValue
0
CY2019Q1 lkfn Number Of Debt Securities Available For Sale Sold At Fair Value
NumberOfDebtSecuritiesAvailableForSaleSoldAtFairValue
17000
CY2020Q1 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
214900000
CY2019Q4 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
59300000
CY2020Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
9744000
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
101000
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
5134000
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
101000
CY2020Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
14878000
CY2020Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
202000
CY2019Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
42215000
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
342000
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
14174000
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
275000
CY2019Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
56389000
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
617000
CY2020Q1 lkfn Number Of Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than12 Months
NumberOfAvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThan12Months
6
CY2020Q1 lkfn Number Of Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions12 Months Or More
NumberOfAvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions12MonthsOrMore
2
CY2020Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
8
CY2019Q4 lkfn Number Of Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than12 Months
NumberOfAvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThan12Months
19
CY2019Q4 lkfn Number Of Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions12 Months Or More
NumberOfAvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions12MonthsOrMore
6
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
25
CY2020Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
4087094000
CY2020Q1 lkfn Percentage Of Loans And Leases Receivable Gross Carrying Amount
PercentageOfLoansAndLeasesReceivableGrossCarryingAmount
1.000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
4067385000
CY2019 lkfn Percentage Of Loans And Leases Receivable Gross Carrying Amount
PercentageOfLoansAndLeasesReceivableGrossCarryingAmount
1.000
CY2020Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
53609000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
50652000
CY2020Q1 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
1356000
CY2019Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
1557000
CY2020Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
4032129000
CY2019Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
4015176000
CY2020Q1 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
1500000
CY2019Q1 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
1600000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
50652000
CY2020Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
6600000
CY2020Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
3849000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
40268000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
50652000
CY2019Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
27829000
CY2019Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
4037999000
CY2020Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
206000
CY2020Q1 lkfn Allowance For Loan And Lease Losses Write Offs After Recoveries
AllowanceForLoanAndLeaseLossesWriteOffsAfterRecoveries
3643000
CY2020Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
53609000
CY2018Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
48453000
CY2019Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1200000
CY2019Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
284000
CY2019Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
193000
CY2019Q1 lkfn Allowance For Loan And Lease Losses Write Offs After Recoveries
AllowanceForLoanAndLeaseLossesWriteOffsAfterRecoveries
91000
CY2019Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
49562000
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
7662000
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
45947000
CY2020Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
53609000
CY2020Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
22978000
CY2020Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
4062760000
CY2020Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
4085738000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
10384000
CY2019Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
4065828000
CY2020Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
29291000
CY2020Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
22978000
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
7662000
CY2019Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
30422000
CY2019Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
27829000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
10384000
CY2020Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
25258000
CY2020Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
148000
CY2020Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
146000
CY2019Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
25952000
CY2019Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
274000
CY2019Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
246000
CY2020Q1 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
4069839000
CY2020Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
13883000
CY2020Q1 lkfn Financing Receivable Recorded Investment Past Due And Nonaccrual Status
FinancingReceivableRecordedInvestmentPastDueAndNonaccrualStatus
15899000
CY2020Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
4085738000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
4045634000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
18675000
CY2019Q4 lkfn Financing Receivable Recorded Investment Past Due And Nonaccrual Status
FinancingReceivableRecordedInvestmentPastDueAndNonaccrualStatus
20194000
CY2019Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
4065828000
CY2020Q1 lkfn Loans Receivable Accruing Troubled Debt Restructured Loans
LoansReceivableAccruingTroubledDebtRestructuredLoans
5852000
CY2019Q4 lkfn Loans Receivable Accruing Troubled Debt Restructured Loans
LoansReceivableAccruingTroubledDebtRestructuredLoans
5909000
CY2020Q1 lkfn Loans Receivable Nonaccrual Troubled Debt Restructured Loans
LoansReceivableNonaccrualTroubledDebtRestructuredLoans
2311000
CY2019Q4 lkfn Loans Receivable Nonaccrual Troubled Debt Restructured Loans
LoansReceivableNonaccrualTroubledDebtRestructuredLoans
3188000
CY2020Q1 lkfn Financing Receivable Modifications
FinancingReceivableModifications
8163000
CY2019Q4 lkfn Financing Receivable Modifications
FinancingReceivableModifications
9097000
CY2020Q1 lkfn Extension Period For Modified Repayment Terms
ExtensionPeriodForModifiedRepaymentTerms
P0M
CY2020Q1 lkfn Increase Decrease In Allowance For Loan Loss
IncreaseDecreaseInAllowanceForLoanLoss
122000
CY2020Q1 lkfn Increase Decrease In Allowance For Loan Losses Write Offs
IncreaseDecreaseInAllowanceForLoanLossesWriteOffs
666000
CY2020Q1 lkfn Financing Receivable Loan Portfolio Deferrals Covid19
FinancingReceivableLoanPortfolioDeferralsCovid19
99800000
CY2020Q1 lkfn Financing Receivable Loan Portfolio Deferrals Covid19 Borrowers
FinancingReceivableLoanPortfolioDeferralsCovid19Borrowers
77
CY2020Q1 lkfn Financing Receivable Loan Portfolio Deferrals Covid19 Percentage Of Loan Portfolio
FinancingReceivableLoanPortfolioDeferralsCovid19PercentageOfLoanPortfolio
0.02
CY2020Q1 lkfn Financing Receivable Loan Portfolio Deferrals Covid19 Three Month Principal Only Percentage Of Deferrals
FinancingReceivableLoanPortfolioDeferralsCovid19ThreeMonthPrincipalOnlyPercentageOfDeferrals
0.95
CY2019Q1 lkfn Financing Receivable Modification Pre Modification Recorded Investment
FinancingReceivableModificationPreModificationRecordedInvestment
35000
CY2019Q1 lkfn Financing Receivable Modification Post Modification Recorded Investment
FinancingReceivableModificationPostModificationRecordedInvestment
35000
CY2019Q1 lkfn Extension Period For Modified Repayment Terms
ExtensionPeriodForModifiedRepaymentTerms
P0M
CY2020Q1 lkfn Loan Amount Of Credit Quality Analysis
LoanAmountOfCreditQualityAnalysis
250000
CY2020Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
4085738000
CY2019Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
4065828000
CY2020Q1 us-gaap Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
75000000.0
CY2019Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
170000000.0
CY2020Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
3800000
CY2020Q1 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
3800000
CY2020Q1 us-gaap Servicing Asset At Amortized Cost Other Than Temporary Impairments
ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments
246000
CY2020Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
3600000
CY2020Q1 lkfn Percentage Of Discount From Appraised Value
PercentageOfDiscountFromAppraisedValue
0.0390
CY2020Q1 lkfn Weighted Average Maturity Of Residential Mortgages
WeightedAverageMaturityOfResidentialMortgages
P20Y
CY2020Q1 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Qualitative Information
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueQualitativeInformation
166
CY2020Q1 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Discount Rate
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueDiscountRate
0.094
CY2019 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Qualitative Information
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueQualitativeInformation
118
CY2019Q1 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Discount Rate
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueDiscountRate
0.094
CY2020Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
132581000
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
624325000
CY2020Q1 us-gaap Shortterm Debt Fair Value
ShorttermDebtFairValue
10500000
CY2020Q1 us-gaap Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
64166000
CY2019Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
99381000
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
21565000
CY2020Q1 lkfn Derivative Asset Gross Value Offset
DerivativeAssetGrossValueOffset
0
CY2020Q1 lkfn Derivative Asset Net Value Offset
DerivativeAssetNetValueOffset
21565000
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
0
CY2020Q1 lkfn Derivative Asset Collateral Obligation To Return Cash Not Offset
DerivativeAssetCollateralObligationToReturnCashNotOffset
0
CY2020Q1 us-gaap Derivative Assets
DerivativeAssets
21565000
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
21599000
CY2020Q1 lkfn Derivative Liability Gross Value Offset
DerivativeLiabilityGrossValueOffset
0
CY2020Q1 lkfn Derivative Liability Net Value Offset
DerivativeLiabilityNetValueOffset
21599000
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
0
CY2020Q1 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
21370000
CY2020Q1 lkfn Derivative Liability Net
DerivativeLiabilityNet
229000
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
7263000
CY2019Q4 lkfn Derivative Asset Gross Value Offset
DerivativeAssetGrossValueOffset
0
CY2019Q4 lkfn Derivative Asset Net Value Offset
DerivativeAssetNetValueOffset
7263000
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
0
CY2019Q4 lkfn Derivative Asset Collateral Obligation To Return Cash Not Offset
DerivativeAssetCollateralObligationToReturnCashNotOffset
0
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
7263000
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
7860000
CY2019Q4 lkfn Derivative Liability Gross Value Offset
DerivativeLiabilityGrossValueOffset
0
CY2019Q4 lkfn Derivative Liability Net Value Offset
DerivativeLiabilityNetValueOffset
7860000
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
0
CY2019Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
7560000
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
300000
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.84
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25622988
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25491750
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
112838
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
173760
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25735826
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25665510
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.68
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.85
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
425000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
581000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
595000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
606000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
622000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2873000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5702000
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
703000
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
4999000
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4999000
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
128000
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
119000
CY2020Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
6000
CY2019Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
6000
CY2020Q1 us-gaap Lease Cost
LeaseCost
134000
CY2019Q1 us-gaap Lease Cost
LeaseCost
125000
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
128000
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y7M6D
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.028

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