XML 65 R54.htm IDEA: XBRL DOCUMENT v3.24.1.u1

FAIR VALUE DISCLOSURES - Valuation Methodology and Unobservable Inputs for Level 3 Assets (Details) - Fair Value, Measurements, Nonrecurring $ in Thousands	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Fair Value	$ 4,511	$ 5,350
Commercial and industrial loans: | Collateral based measurements | Discount to reflect current market conditions and ultimate collectability
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Fair Value	$ 3,801	$ 4,637
Commercial and industrial loans: | Average | Collateral based measurements | Discount to reflect current market conditions and ultimate collectability
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs	0.55	0.64
Commercial and industrial loans: | Minimum | Collateral based measurements | Discount to reflect current market conditions and ultimate collectability
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs	0.10	0.09
Commercial and industrial loans: | Maximum | Collateral based measurements | Discount to reflect current market conditions and ultimate collectability
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs	0.99	0.99
Commercial Real Estate and Multifamily Residential | Collateral based measurements | Discount to reflect current market conditions and ultimate collectability
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Fair Value	$ 680	$ 682
Commercial Real Estate and Multifamily Residential | Average | Collateral based measurements | Discount to reflect current market conditions and ultimate collectability
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs	0.38	0.37
Commercial Real Estate and Multifamily Residential | Minimum | Collateral based measurements | Discount to reflect current market conditions and ultimate collectability
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs	0.03	0.09
Commercial Real Estate and Multifamily Residential | Maximum | Collateral based measurements | Discount to reflect current market conditions and ultimate collectability
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs	0.69	0.69
Agri-business and agricultural loans | Collateral based measurements | Discount to reflect current market conditions and ultimate collectability
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Fair Value	$ 30	$ 31
Agri-business and agricultural loans | Average | Collateral based measurements | Discount to reflect current market conditions and ultimate collectability
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs	0.69	0.69
Other Real Estate Owned | Appraisals | Discount to reflect current market conditions and ultimate collectability
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Fair Value	$ 384	$ 384
Other Real Estate Owned | Average | Appraisals | Discount to reflect current market conditions and ultimate collectability
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs	0.36	0.36

X

- Definition

This element represents the aggregate of the impaired loans reported on the balance sheet at period end measured at fair value by the entity. This element is intended to be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements.

+ References

No definition available.

+ Details

Name:	lkfn_ImpairedLoansFairValueDisclosure
Namespace Prefix:	lkfn_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- References

No definition available.

+ Details

Name:	lkfn_ValuationMethodologyAndUnobservableInputsForLevel3AssetsMeasuredAtFairValueLineItems
Namespace Prefix:	lkfn_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Value of input used to measure debt instrument, including, but not limited to, convertible and non-convertible debt.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_DebtInstrumentMeasurementInput
Namespace Prefix:	us-gaap_
Data Type:	xbrli:decimalItemType
Balance Type:	na
Period Type:	instant

X

- Details

Name:	us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsNonrecurringMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

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

X

- Details

Name:	us-gaap_ValuationTechniqueAxis=lkfn_ValuationCollateralBasedMeasurementsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputDiscountRateMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RangeAxis=srt_WeightedAverageMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RangeAxis=srt_MinimumMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RangeAxis=srt_MaximumMember
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_AgribusinessAndAgriculturalMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=lkfn_OtherRealEstateOwnedMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_ValuationTechniqueAxis=us-gaap_CostApproachValuationTechniqueMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: