XML 73 R39.htm IDEA: XBRL DOCUMENT
v3.19.3

ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY - Allowance for loan losses by portfolio segment (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018
Financing Receivable, Allowance for Credit Losses |  |  |  |
Beginning balance | $ 50,564 | $ 47,706 | $ 48,453 | $ 47,121
Provision for loan losses | 1,000 | 1,100 | 2,985 | 6,100
Loans charged-off | (1,221) | (581) | (1,589) | (5,686)
Recoveries | 285 | 118 | 779 | 808
Net loans charged-off/(recovered) | (936) | (463) | (810) | (4,878)
Ending balance | 50,628 | 48,343 | 50,628 | 48,343
Commercial and Industrial Loans |  |  |  |
Financing Receivable, Allowance for Credit Losses |  |  |  |
Beginning balance | 25,024 | 22,524 | 22,518 | 21,097
Provision for loan losses | 943 | 952 | 3,260 | 6,246
Loans charged-off | (1,123) | (474) | (1,223) | (4,891)
Recoveries | 133 | 69 | 422 | 619
Net loans charged-off/(recovered) | (990) | (405) | (801) | (4,272)
Ending balance | 24,977 | 23,071 | 24,977 | 23,071
Commercial Real Estate and Multi-family Residential Loans |  |  |  |
Financing Receivable, Allowance for Credit Losses |  |  |  |
Beginning balance | 15,492 | 14,954 | 15,393 | 14,714
Provision for loan losses | 474 | 140 | 461 | 855
Loans charged-off | 0 | 0 | 0 | (491)
Recoveries | 44 | 7 | 156 | 23
Net loans charged-off/(recovered) | 44 | 7 | 156 | (468)
Ending balance | 16,010 | 15,101 | 16,010 | 15,101
Agri-business and Agricultural Loans |  |  |  |
Financing Receivable, Allowance for Credit Losses |  |  |  |
Beginning balance | 3,906 | 4,585 | 4,305 | 4,920
Provision for loan losses | (4) | (506) | (407) | (850)
Loans charged-off | 0 | 0 | 0 | 0
Recoveries | 2 | 5 | 6 | 14
Net loans charged-off/(recovered) | 2 | 5 | 6 | 14
Ending balance | 3,904 | 4,084 | 3,904 | 4,084
Other Commercial |  |  |  |
Financing Receivable, Allowance for Credit Losses |  |  |  |
Beginning balance | 355 | 464 | 368 | 577
Provision for loan losses | 28 | (23) | 15 | (136)
Loans charged-off | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 0
Net loans charged-off/(recovered) | 0 | 0 | 0 | 0
Ending balance | 383 | 441 | 383 | 441
Consumer 1-4 Family Mortgage Loans |  |  |  |
Financing Receivable, Allowance for Credit Losses |  |  |  |
Beginning balance | 2,153 | 1,953 | 2,292 | 2,768
Provision for loan losses | (93) | 321 | (172) | (541)
Loans charged-off | (23) | (24) | (110) | (31)
Recoveries | 83 | 6 | 110 | 60
Net loans charged-off/(recovered) | 60 | (18) | 0 | 29
Ending balance | 2,120 | 2,256 | 2,120 | 2,256
Other Consumer |  |  |  |
Financing Receivable, Allowance for Credit Losses |  |  |  |
Beginning balance | 289 | 266 | 283 | 379
Provision for loan losses | 67 | 62 | 192 | 78
Loans charged-off | (75) | (83) | (256) | (273)
Recoveries | 23 | 31 | 85 | 92
Net loans charged-off/(recovered) | (52) | (52) | (171) | (181)
Ending balance | 304 | 276 | 304 | 276
Unallocated |  |  |  |
Financing Receivable, Allowance for Credit Losses |  |  |  |
Beginning balance | 3,345 | 2,960 | 3,294 | 2,666
Provision for loan losses | (415) | 154 | (364) | 448
Loans charged-off | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 0
Net loans charged-off/(recovered) | 0 | 0 | 0 | 0
Ending balance | $ 2,930 | $ 3,114 | $ 2,930 | $ 3,114

X
- Definition Reflects the amount of loans and leases that have been removed after recoveries, or charged off, from both loan receivables and the reserve for credit losses, typically because they are considered to be not salvageable or have been purchased by unconsolidated collection entities. + References No definition available. + Details
Name: | lkfn_AllowanceForLoanAndLeaseLossesWriteOffsAfterRecoveries
Namespace Prefix: | lkfn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of recovery of loans and lease receivables which had previously been fully or partially written-off as bad debts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(4) -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953423-111524 + Details
Name: | us-gaap_AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of loans and leases that have been written off from both loan receivables and allowance reserve for credit loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953423-111524 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.7(d)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of allowance to cover probable credit losses on loans and leases. Includes carryover of or adjustments to the allowance for loan losses in connection with business combinations. Excludes allowance for loans and leases covered under loss sharing agreements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.7(d)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953423-111524 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b)(1)(ii) -URI http://asc.fasb.org/extlink&oid=118939070&loc=d3e15032-111544 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953423-111524 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 6.L.1) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74567-122707 + Details
Name: | us-gaap_LoansAndLeasesReceivableAllowance
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of expense related to estimated loss from loan and lease transactions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.11) -URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953423-111524 + Details
Name: | us-gaap_ProvisionForLoanAndLeaseLosses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=lkfn_TotalCommercialAndIndustrialLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_CommercialRealEstatePortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=lkfn_AgriBusinessAndAgriculturalLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=lkfn_OtherCommercialMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_ResidentialPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=lkfn_OtherConsumerMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=lkfn_UnallocatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |