secwatch.observer — SEC 8-K summary
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Issuer:     LAKELAND FINANCIAL CORP (LKFN)
CIK:        0000721994
Form:       8-K
Filed at:   2023-07-21T23:59:59+00:00
Accession:  0000721994-23-000054
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lakeland Financial reports H1 2023 net income $51.1M, EPS $1.99
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- Tangible book value per share of $22.97 as of June 30, 2023.
- Risk-based capital ratio of 14.94%, well above well-capitalized minimums.
- Uninsured deposits (excl. public funds) at 28% of total $5.4B deposits.
- Available liquidity of $2.9B; investment securities $1.18B market value.
- Commercial loans $4.3B, 64% variable-rate; deposit mix shifting to interest-bearing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/721994/000072199423000054/0000721994-23-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/721994/000072199423000054/lkfn-20230721.htm
  HTML page:      https://secwatch.observer/filing/0000721994-23-000054

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