Skip to main content

Financial Statements

Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 6/30/2019 USD 2019 Q2 YTD 6/30/2019 USD
Source Document Currency Code 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 6/30/2019 USD 2019 Q2 YTD 6/30/2019 USD

ASSETS

Cash and due from banks 67,484 142,408 140,402 192,290 154,856
Short-term investments 13,190 24,872 35,778 24,632 41,514
Total cash and cash equivalents 80,674 167,280 176,180 216,922 196,370
Securities available-for-sale (carried at fair value) 478,071 504,191 538,493 585,549 609,826
Real estate mortgage loans held-for-sale 3,294 5,915 3,346 2,293 5,929
Loans, net of allowance for loan losses 3,037,319 3,427,209 3,771,338 3,866,292 3,948,054
Land, premises and equipment, net 46,684 52,092 56,466 58,097 58,719
Bank owned life insurance 69,698 74,006 75,879 77,106 82,591
Federal Reserve and Federal Home Loan Bank stock 7,668 11,522 13,772 13,772 13,772
Accrued interest receivable 9,462 11,687 14,093 15,518 17,418
Goodwill 4,970 4,970 4,970 4,970 4,970
Other assets 28,446 31,153 28,439 34,735 37,870
Total assets 3,766,286 4,290,025 4,682,976 4,875,254 4,975,519

LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

Noninterest bearing deposits 715,093 819,803 885,622 946,838 946,471
Interest bearing deposits 2,468,328 2,758,109 3,123,033 3,097,227 3,274,828
Total deposits 3,183,421 3,577,912 4,008,655 4,044,065 4,221,299
Borrowings
Federal funds purchased NA NA NA 0 15,000
Securities sold under agreements to repurchase 69,622 50,045 70,652 75,555 0
Other short-term borrowings 70,000 NA NA NA NA
Total short-term borrowings 139,622 NA NA NA NA
Federal Home Loan Bank advances NA 180,032 80,030 170,000 100,000
Long-term borrowings 34 NA NA NA NA
Subordinated debentures 30,928 30,928 30,928 30,928 30,928
Total borrowings NA 261,005 181,610 276,483 145,928
Accrued interest payable 3,773 5,676 6,311 10,404 12,454
Other liabilities 15,607 18,365 17,733 22,598 30,475
Total liabilities 3,373,385 3,862,958 4,214,309 4,353,550 4,410,156

STOCKHOLDERS' EQUITY

Common stock 99,123 104,405 108,862 112,383 112,689
Retained earnings 294,002 327,873 363,794 419,179 446,969
Accumulated other comprehensive income (loss) 2,142 (2,387) (670) (6,191) 9,500
Treasury stock (2,455) (2,913) (3,408) (3,756) (3,884)
Total stockholders' equity 392,812 426,978 468,578 521,615 565,274
Noncontrolling interest 89 89 89 89 89
Total equity 392,901 427,067 468,667 521,704 565,363
Total liabilities and equity 3,766,286 4,290,025 4,682,976 4,875,254 4,975,519
Data shown on this page is extracted directly from the company’s documents. S&P 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, S&P, as always, stands by its commitment to the quality of the data.
Copyright 2019, © S&P Global Market Intelligence  Terms of Use
Lake City Bank

You are about to leave our site.

By following this link you are leaving Lake City Bank's website. Lake City Bank is not responsible for the content, links, privacy or security of the website you are going to.