• Like
  • Save
Lakeland Financial Corporation Quaterly Financial Analysis
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

Lakeland Financial Corporation Quaterly Financial Analysis

  • 409 views
Published

LAKELAND FINANCIAL CORPORATION quaterly financial analysis

LAKELAND FINANCIAL CORPORATION quaterly financial analysis

Published in Economy & Finance
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
409
On SlideShare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
0
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. LAKELAND FINANCIAL CORPORATION (NASDAQ - LKFN) Financial Highlights Trend Analysis--Quarterly (click here for Annual Analysis) For the definition of a financial field, click on the field name. Balance Sheet ($000) Q-Q Y-Y Ch (%)† 2008 Q4 2007 Q4 Ch (%) 2008 Q3 1,833,334 1,523,720 20.32 1,717,345 27.02 Loans Held for Investment, before Reserves 401 537 (25.33) 2,591 (338.09) Loans Held for Sale, before Reserves 18,860 15,801 19.36 18,124 16.24 Loan Loss Reserve 1,814,875 1,508,456 20.31 1,701,812 26.57 Net Loans Receivable 5,383 5,589 (3.69) 5,435 (3.83) Intangible Assets 2,376,967 1,989,133 19.50 2,254,471 21.73 Total Assets 1,885,299 1,478,918 27.48 1,707,930 41.54 Deposits 323,580 347,137 (6.79) 378,262 (57.82) Debt, Senior and Subordinated 150,582 146,270 2.95 153,358 (7.24) Common Equity 150,582 146,270 2.95 153,358 (7.24) Total Shareholders' Equity 12,266,849 12,111,703 1.28 12,197,175 2.28 Shares Outstanding (actual) Income Statement ($000) Q-Q Y-Y Ch (%)† 2008 Q4 2007 Q4 Ch (%) 2008 Q3 15,992 14,058 13.76 17,272 (29.64) Net Interest Income 2,323 1,054 120.40 3,710 (149.54) Provision for Loan Losses 5,385 5,148 4.60 6,191 (52.08) Noninterest Income 12,550 11,369 10.39 11,942 20.37 Noninterest Expense 6,510 6,836 (4.77) 7,822 (67.09) Net Income Before Taxes 2,071 2,012 2.93 2,597 (81.02) Provision for Taxes 4,433 4,824 (8.11) 5,225 (60.63) Net Income Per Share Items ($) Q-Q Y-Y Ch (%)† 2008 Q4 2007 Q4 Ch (%) 2008 Q3 12.17 11.98 1.59 12.47 (9.62) Book Value per Share 11.73 11.52 1.85 12.03 (9.75) Tangible Book Value 0.35 0.40 (12.50) 0.42 (66.67) Diluted EPS Before Extra 0.35 0.40 (12.50) 0.42 (66.67) Diluted EPS After Extra 0.1550 0.1400 10.71 0.1550 0.00 Dividends Declared Performance Ratios (%) Y-Y Q-Q 2008 Q4 2007 Q4 Ch (bp) 2008 Q3 Ch (bp) 0.76 0.99 (23) 0.94 (18) ROAA 11.65 13.30 (165) 13.68 (203) ROAE 2.98 3.14 (16) 3.35 (37) Net Interest Margin 97.24 103.03 (579) 100.55 (331) Loans / Deposits 58.71 59.03 (32) 50.88 783 Efficiency Ratio Balance Sheet Ratios (%)
  • 2. Y-Y Q-Q 2008 Q4 2007 Q4 Ch (bp) 2008 Q3 Ch (bp) 6.12 7.09 (97) 6.58 (45) Tangible Equity/ Tangible Assets 6.34 7.35 (102) 6.80 (47) Equity/ Assets Asset Quality Ratios (%) Y-Y Q-Q 2008 Q4 2007 Q4 Ch (bp) 2008 Q3 Ch (bp) 0.94 0.50 44 0.94 0 Nonperforming Assets/ Assets 1.03 1.04 (1) 1.05 (3) Loan Loss Reserves/ Gross Loans 86.07 167.21 (8,114) 93.30 (723) Loan Loss Reserves/ NPAs 0.36 0.09 27 0.85 (50) Net Charge-offs/ Avg Loans Regulatory Capital Ratios (%) Y-Y Q-Q 2008 Q4 2007 Q4 Ch (bp) 2008 Q3 Ch (bp) 9.27 10.54 (127) 9.79 (52) Tier 1 Capital Ratio † Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4 * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four. Copyright 2009, © SNL Financial LC Terms of Use