LAKELAND FINANCIAL CORP Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit: us-gaap: USD
Description: Amount of the cost of borrowed funds accounted for as interest expense.
Summary: Lakeland Financial Corp quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
Lakeland Financial Corp Interest Expense for the quarter ending December 31, 2023 was $42.3M, a 129% increase year-over-year.
Lakeland Financial Corp Interest Expense for the twelve months ending December 31, 2023 was $146M, a 299% increase year-over-year.
Lakeland Financial Corp annual Interest Expense for 2023 was $146M, a 299% increase from 2022.
Lakeland Financial Corp annual Interest Expense for 2022 was $36.7M, a 142% increase from 2021.
Lakeland Financial Corp annual Interest Expense for 2021 was $15.1M, a 49.7% decline from 2020.

Interest Expense, Trailing 12 Months (USD)

Interest Expense, Annual (USD)

Interest Expense, YoY Annual Growth (%)

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed
2023	$146M	+$110M	+299%	Jan 1, 2023	Dec 31, 2023	10-K	2024-02-21
2022	$36.7M	+$21.5M	+142%	Jan 1, 2022	Dec 31, 2022	10-K	2024-02-21
2021	$15.1M	-$15M	-49.7%	Jan 1, 2021	Dec 31, 2021	10-K	2024-02-21
2020	$30.1M	-$30.1M	-50%	Jan 1, 2020	Dec 31, 2020	10-K	2023-02-22
2019	$60.2M	+$12.5M	+26.1%	Jan 1, 2019	Dec 31, 2019	10-K	2022-02-23
2018	$47.7M	+$17.9M	+60%	Jan 1, 2018	Dec 31, 2018	10-K	2021-02-23
2017	$29.8M	+$9.34M	+45.6%	Jan 1, 2017	Dec 31, 2017	10-K	2020-02-24
2016	$20.5M	+$3.86M	+23.2%	Jan 1, 2016	Dec 31, 2016	10-K	2019-02-28
2015	$16.6M	+$1.63M	+10.9%	Jan 1, 2015	Dec 31, 2015	10-K	2018-03-01
2014	$15M	-$2.31M	-13.4%	Jan 1, 2014	Dec 31, 2014	10-K	2017-03-01
2013	$17.3M	-$9.4M	-35.2%	Jan 1, 2013	Dec 31, 2013	10-K	2016-03-03
2012	$26.7M	-$3.11M	-10.4%	Jan 1, 2012	Dec 31, 2012	10-K	2015-03-05
2011	$29.8M	-$1.06M	-3.43%	Dec 31, 2010	Dec 31, 2011	10-K	2013-03-04
2010	$30.9M			Dec 31, 2009	Dec 31, 2010	10-K	2013-03-04

* An asterisk sign (*) next to the value indicates that the value is likely invalid.