---
schema_version: "secwatch.filing_event.v1"
accession: "0000721994-23-000068"
form_type: "8-K"
ticker: "LKFN"
cik: "0000721994"
company_name: "LAKELAND FINANCIAL CORP"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T12:18:30.972962+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lakeland Financial Q3 2023 core net income down 2% YoY; adjusted EPS $2.97

## Summary
- YTD 2023 net income $64.1M ($2.49 EPS); core adjusted net income $76.4M ($2.97 EPS), excluding $18.1M wire fraud loss.
- Total deposits $5.7B; commercial deposits 38%, retail 31%, public fund 28%, brokered 3%.
- Total loans $4.9B, up 9% YoY; 89% commercial, 64% of commercial loans variable rate.
- TCE/TA 8.62%, adj. TCE/adj. TA 11.74%, total risk-based capital 15.14% above well-capitalized threshold.
- Strong liquidity $3.3B available; core PTPP increased 1% YoY to $96M.

## SEC filing metadata
- accession: 0000721994-23-000068
- form_type: 8-K
- ticker: LKFN
- cik: 0000721994
- company_name: LAKELAND FINANCIAL CORP
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/721994/000072199423000068/0000721994-23-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/721994/000072199423000068/lkfn-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000721994-23-000068
- JSON: https://secwatch.observer/filing/0000721994-23-000068.json
- Plain text: https://secwatch.observer/filing/0000721994-23-000068.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.