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Lakeland Financial (Lakeland Financial) Allowance For Loans And Lease Losses : $-72.0 Mil (As of Dec. 2023)


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What is Lakeland Financial Allowance For Loans And Lease Losses?

Lakeland Financial's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-72.0 Mil.

Lakeland Financial's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 ($-72.1 Mil) to Sep. 2023 ($-72.1 Mil) but then increased from Sep. 2023 ($-72.1 Mil) to Dec. 2023 ($-72.0 Mil).

Lakeland Financial's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-67.8 Mil) to Dec. 2022 ($-72.6 Mil) but then increased from Dec. 2022 ($-72.6 Mil) to Dec. 2023 ($-72.0 Mil).


Lakeland Financial Allowance For Loans And Lease Losses Historical Data

The historical data trend for Lakeland Financial's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lakeland Financial Allowance For Loans And Lease Losses Chart

Lakeland Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -50.65 -61.41 -67.77 -72.61 -71.97

Lakeland Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -71.22 -72.06 -72.11 -71.97 -73.18

Lakeland Financial Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Lakeland Financial Allowance For Loans And Lease Losses Related Terms

Thank you for viewing the detailed overview of Lakeland Financial's Allowance For Loans And Lease Losses provided by GuruFocus.com. Please click on the following links to see related term pages.


Lakeland Financial (Lakeland Financial) Business Description

Industry
Traded in Other Exchanges
N/A
Address
202 East Center Street, P.O.Box 1387, Warsaw, IN, USA, 46581-1387
Lakeland Financial Corp is a bank holding company. It provides commercial, retail, wealth advisory and investment management services. Lakeland offers a broad array of products and services throughout its Northern and Central Indiana markets. The company offers commercial and consumer banking services, as well as trust and wealth management, brokerage, and treasury management commercial services. It serves a wide variety of industries including, among others, commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services and healthcare.
Executives
Bartels Robert E Jr director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
M Scott Welch director 6 LONGWOOD COURT, ELKHART IN 46516
Jonathan P Steiner officer: Senior Vice President LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Emily E Pichon director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Brian J Smith director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Donald Robinson-gay officer: Senior Vice President PO BOX 1387, WARSAW IN 46581
Kyra E Clark officer: Senior Vice President P.O. BOX 1387, WARSAW IN 46581-1387
Steven D Ross director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Brok A Lahrman officer: SVP, Chief Accounting Officer P.O. BOX 1387, WARSAW IN 46581
James Rickard Donovan officer: SVP, General Counsel P.O. BOX 1387, WARSAW IN 46581-1387
Stephanie R Leniski officer: Senior Vice President P.O. BOX 1387, WARSAW IN 46581-1387
Blake Augsburger director P.O. BOX 1387, WARSAW IN 46581
Michael L Kubacki director, officer: President LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Lisa M O'neill officer: EVP & CFO LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Michael E Gavin officer: EVP & CCO LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387

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