Lakeland Bank quarterly financials
As reported to the FDIC. Dollar values are period-end balances. Net income is for the single quarter, derived from the FDIC's year-to-date figures by subtracting the prior quarter's report. Ratios (ROA, ROE, NIM) are FDIC-computed annualized year-to-date values.
| Quarter | Assets | Deposits | Net loans | Equity | Net income | ROA | ROE | NIM | Noncurrent |
|---|---|---|---|---|---|---|---|---|---|
| Q1 2024 | $11.0B | $8.5B | $8.2B | $1.3B | $21M | 0.77% | 6.51% | 2.53% | 0.18% |
| Q4 2023 | $11.1B | $8.6B | $8.3B | $1.3B | $25M | 0.84% | 7.24% | 2.86% | 0.31% |
| Q3 2023 | $11.2B | $8.7B | $8.2B | $1.3B | $21M | 0.81% | 7.06% | 2.94% | 0.16% |
| Q2 2023 | $10.9B | $8.5B | $8.0B | $1.3B | $24M | 0.84% | 7.29% | 3.03% | 0.20% |
| Q1 2023 | $10.8B | $8.6B | $7.9B | $1.3B | $22M | 0.80% | 6.89% | 3.12% | 0.21% |
Transcribed from FDIC BankFind Suite quarterly financial data (Call Report-derived). Income in Call Reports is filed year-to-date; per-quarter net income shown here is the difference between consecutive reports within the same year. NIM = net interest margin; “Noncurrent” = noncurrent loans as a share of total loans. These figures describe reported financials only and are not a safety rating or a prediction about the institution.