secwatch.observer — SEC 8-K summary
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Issuer:     LAKELAND FINANCIAL CORP (LKFN)
CIK:        0000721994
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0000721994-23-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lakeland Financial reports record FY2022 net income $103.8M, EPS $4.04; Q4 EPS $1.01
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- Full year net income $103.8M, +8% YoY; diluted EPS $4.04, +8%.
- Q4 net income $26.0M, +7% YoY but -9% linked quarter; diluted EPS $1.01.
- Net interest margin expanded to 3.89% in Q4 (up 102 bps YoY, 32 bps linked).
- Provision expense $9.0M in Q4 vs nil; $10.7M commercial credit downgrade and $3.7M charge-off.
- Dividend increased 15% to $0.46 per share, payable Feb 6, 2023 to record Jan 25.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/721994/000072199423000008/0000721994-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/721994/000072199423000008/lkfn-20230125.htm
  HTML page:      https://secwatch.observer/filing/0000721994-23-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer