|
Cash Flow for
Lakeland Financial Corporation
(LKFN)
|
|
|
|
|
|
|
| Cash Flow |
in Thousands of Dollars |
|
|
| Net Income |
35,394 |
30,662 |
24,543 |
18,979 |
19,701 |
| Provision for Loan Loss |
2,549 |
13,800 |
23,947 |
21,202 |
10,207 |
| Depreciation and Amortization |
2,842 |
2,333 |
4,609 |
3,591 |
2,545 |
| Deferred Income Taxes |
- |
- |
- |
- |
- |
| Change in Assets (Receivables) |
1,121 |
(538) |
(474) |
(1) |
(1,255) |
| Change in Liabilities (Payables) |
1,969 |
1,558 |
(1,891) |
(2,882) |
898 |
| Investment Securities Gain |
376 |
167 |
(4) |
(2) |
(39) |
| Net Policy Acquisition Cost |
- |
- |
- |
- |
- |
| Realized Investment Gains |
(7,289) |
80,449 |
86,799 |
119,877 |
(796) |
| Net Premiums Receivables |
- |
- |
- |
- |
- |
| Change in Income Taxes |
- |
- |
- |
- |
- |
| Other Non-Cash Items |
13,678 |
19,571 |
(91,830) |
(136,502) |
(1,909) |
| Net Cash from Operating Activities |
50,592 |
51,342 |
45,699 |
24,262 |
29,352 |
|
|
| Proceeds from Sale/Mat. Inv. |
154,753 |
157,369 |
90,458 |
114,976 |
66,527 |
| Purchase of Investment Securities |
(181,848) |
(179,430) |
(115,165) |
(131,301) |
(143,153) |
| Net Increase Fed. Funds Sold |
- |
- |
- |
- |
- |
| Purchase of Property & Equipment |
(2,897) |
(6,627) |
(3,027) |
(1,302) |
(4,924) |
| Acquisitions |
- |
- |
- |
- |
- |
| Other Investment Changes, Net |
N/A |
N/A |
(91,913) |
(186,738) |
(328,792) |
| Net Cash from Investing Activities |
(58,720) |
(176,673) |
(119,647) |
(204,365) |
(410,342) |
|
| Net Change in Deposits |
169,060 |
211,671 |
349,900 |
(34,174) |
406,381 |
| Cash Dividends paid |
(13,643) |
(10,058) |
(11,590) |
(9,719) |
(7,417) |
| Repayment of Long Term Debt |
(20,109) |
(32,063) |
(25,001) |
(90,001) |
(1) |
| Change in Short Term Debt |
(20,107) |
(32,062) |
(179,999) |
151,442 |
(113,556) |
| Issuance of Long term Debt |
- |
- |
- |
40,000 |
90,000 |
| Issuance of Preferred Stock |
- |
- |
- |
56,044 |
- |
| Issuance of Common Stock |
- |
- |
1,052 |
58,718 |
2,110 |
| Purchase of Treasury Stock |
(421) |
(244) |
(212) |
(231) |
(211) |
| Other Financing Activities |
N/A |
N/A |
(56,044) |
- |
- |
| Cash from Financing Activities |
135,781 |
169,774 |
78,106 |
172,079 |
377,306 |
|
|
| Effect of Exchange Rate Changes |
- |
- |
- |
- |
- |
| Net Change in Cash & Equivalents |
127,653 |
44,443 |
4,158 |
(8,024) |
(3,684) |
|
| Cash at Beginning of Period |
104,584 |
60,141 |
55,983 |
64,007 |
67,691 |
| Cash at End of Period |
232,237 |
104,584 |
60,141 |
55,983 |
64,007 |
| Total Risk-Based Capital Ratio |
0.14 |
0.14 |
0.00 |
0.00 |
0.20 |
|
|
|
