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LAKELAND FINANCIAL CORPORATION (NASDAQ - LKFN)

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Q1 YTD
Source Document	12/31/2010	12/31/2011	12/31/2012	3/31/2013	3/31/2013
Currency Code	USD	USD	USD	USD	USD
(in thousands)

ASSETS
Cash and due from banks	48,964	42,513	56,909	156,666	66,776
Short-term investments	7,019	17,628	47,675	75,571	8,891
Total cash and cash equivalents	55,983	60,141	104,584	232,237	75,667
Securities available for sale (carried at fair value)	410,028	442,620	467,391	467,021	482,704
Real estate mortgage loans held for sale	1,521	5,606	2,953	9,452	6,629
Loans	1,979,937	2,044,952	2,180,309	2,206,075	2,211,642
Land, premises and equipment, net	29,576	30,405	34,736	34,840	34,502
Bank owned life insurance	36,639	38,826	39,959	61,112	61,574
Accrued income receivable	8,600	9,074	9,612	8,491	9,235
Goodwill	4,970	4,970	4,970	4,970	4,970
Other intangible assets	207	153	99	47	35
Other assets	44,044	45,179	45,075	39,899	40,744
Total assets	2,571,505	2,681,926	2,889,688	3,064,144	2,927,702
LIABILITIES
Noninterest bearing deposits	259,415	305,107	356,682	407,926	386,509
Interest bearing deposits	1,591,710	1,895,918	2,056,014	2,173,830	2,064,679
Total deposits	1,851,125	2,201,025	2,412,696	2,581,756	2,451,188
Short-term borrowings
Federal funds purchased	9,600	0	10,000	NA	NA
Securities sold under agreements to repurchase	127,118	142,015	131,990	121,883	113,515
U.S. Treasury demand notes	2,333	2,037	NA	NA	NA
Other short-term borrowings	215,000	30,000	NA	NA	NA
Total short-term borrowings	354,051	174,052	141,990	121,883	113,515
Accrued expenses payable	14,040	11,476	13,550	15,321	18,116
Other liabilities	1,236	2,318	2,195	1,390	7,244
Long-term borrowings	40,042	15,041	15,040	15,038	37
Subordinated debentures	30,928	30,928	30,928	30,928	30,928
Total liabilities	2,291,422	2,434,840	2,616,399	2,766,316	2,621,028
EQUITY
Cumulative perpetual preferred stock	54,095	NA	NA	NA	NA
Common stock	83,487	85,766	87,380	90,039	90,459
Retained earnings	149,945	161,299	181,903	203,654	212,900
Accumulated other comprehensive income	(5,993)	1,350	5,139	5,689	4,988
Treasury stock	(1,540)	(1,418)	(1,222)	(1,643)	(1,762)
Total stockholders' equity	279,994	246,997	273,200	297,739	306,585
Noncontrolling interest	89	89	89	89	89
Total equity	280,083	247,086	273,289	297,828	306,674
Total liabilities and equity	2,571,505	2,681,926	2,889,688	3,064,144	2,927,702

Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.


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