XML 80 R66.htm IDEA: XBRL DOCUMENT
v3.25.0.1

LOANS - Schedule of Total Loans Outstanding (Details) - USD ($) $ in Thousands | Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
--- | --- | --- | --- | ---
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | $ 5,117,948 | $ 4,916,534 |  |
Gross loans | 5,120,635 | 4,919,997 |  |
Less: Allowance for credit losses | (85,960) | (71,972) | $ (72,606) | $ (67,773)
Net deferred loan fees | (2,687) | (3,463) |  |
Loans, net | 5,031,988 | 4,844,562 |  |
Total commercial loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 4,526,365 | 4,367,788 |  |
Total consumer loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 594,270 | 552,209 |  |
Other consumer loans | Total consumer loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 104,041 | 96,022 |  |
Commercial and Industrial | Total commercial loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 1,450,865 | 1,420,764 |  |
Less: Allowance for credit losses | (45,539) | (30,338) | (35,290) | (30,595)
Commercial and Industrial | Working capital lines of credit loans | Total commercial loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 649,609 | 604,893 |  |
Commercial and Industrial | Non-working capital loans | Total commercial loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 801,256 | 815,871 |  |
Commercial Real Estate and Multi-Family Residential Loans | Total commercial loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 2,592,520 | 2,437,534 |  |
Commercial Real Estate and Multi-Family Residential Loans | Construction and land development loans | Total commercial loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 567,781 | 634,435 |  |
Commercial Real Estate and Multi-Family Residential Loans | Owner occupied loans | Total commercial loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 807,090 | 825,464 |  |
Commercial Real Estate and Multi-Family Residential Loans | Nonowner occupied loans | Total commercial loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 872,671 | 724,101 |  |
Commercial Real Estate and Multi-Family Residential Loans | Multi-family loans | Total commercial loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 344,978 | 253,534 |  |
Agri-business and Agricultural | Total commercial loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 387,396 | 388,764 |  |
Less: Allowance for credit losses | (3,541) | (4,150) | $ (4,429) | $ (5,034)
Agri-business and Agricultural | Loans secured by farmland | Total commercial loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 156,609 | 162,890 |  |
Agri-business and Agricultural | Loans for agricultural production | Total commercial loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 230,787 | 225,874 |  |
Other commercial loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 95,493 | 120,567 |  |
Other commercial loans | Total commercial loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 95,584 | 120,726 |  |
Consumer 1-4 Family Mortgage | Total consumer loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 490,229 | 456,187 |  |
Consumer 1-4 Family Mortgage | Closed end first mortgage loans | Total consumer loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 259,286 | 258,103 |  |
Consumer 1-4 Family Mortgage | Open end and junior lien loans | Total consumer loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | 214,125 | 189,663 |  |
Consumer 1-4 Family Mortgage | Residential construction and land development loans | Total consumer loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Total loans | $ 16,818 | $ 8,421 |  |

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 Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 20 -Name Accounting Standards Codification -Section 40 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481628/310-20-40-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481990/310-10-45-2 + Details
Name: | us-gaap_AccountsNotesAndLoansReceivableLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount excluding accrued interest, of allowance for credit loss on financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479344/326-20-45-1 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of fee received for commitment to originate or purchase financing receivable where likelihood of commitment being exercised is remote, to be recognized as service income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481598/310-20-45-2 + Details
Name: | us-gaap_FinancingReceivableDeferredIncome
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amortized cost excluding accrued interest, after allowance for credit loss, of financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479344/326-20-45-1 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amortized cost excluding accrued interest, before allowance for credit loss, of financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479344/326-20-45-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3B -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-3B Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-5 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amortized cost excluding accrued interest, before allowance for credit loss, fee, and loan in process, of financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(7)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_CommercialPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_ConsumerPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=lkfn_OtherConsumerLoansMember
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_FinancialInstrumentAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=lkfn_NonWorkingCapitalLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_CommercialRealEstateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=lkfn_OwnerOccupiedLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=lkfn_NonownerOccupiedLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=lkfn_MultifamilyLoansMember
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_FinancialInstrumentAxis=lkfn_LoansSecuredByFarmlandMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=lkfn_LoansForAgriculturalProductionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=lkfn_TotalConsumer1To4FamilyMortgageLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_FirstMortgageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_SecondMortgageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=lkfn_ResidentialConstructionAndLandDevelopmentLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |