Lakeland Financial LKFN Payment to Acquire Life Insurance Policy, Investing Activities
Payment to Acquire Life Insurance Policy, Investing Activities at other companies
Other financials
Where this comes from
Reported directly by Lakeland Financial in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireLifeInsurancePolicies.
The official record: Lakeland Financial’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Lakeland Financial's payment to acquire life insurance policy, investing activities?
- Lakeland Financial (LKFN) reported payment to acquire life insurance policy, investing activities of $53K in Q1 2026.
- How has Lakeland Financial's payment to acquire life insurance policy, investing activities changed year-over-year?
- Lakeland Financial's payment to acquire life insurance policy, investing activities decreased by 74.9% year-over-year, from $211K to $53K.
- What is the long-term trend for Lakeland Financial's payment to acquire life insurance policy, investing activities?
- Over 4 years (2021 to 2025), Lakeland Financial's payment to acquire life insurance policy, investing activities has grown at a 106.3% compound annual growth rate (CAGR), from $711K to $12.87M.
- What does payment to acquire life insurance policy, investing activities mean?
- Represents the cash outflows associated with the purchase or funding of bank-owned life insurance policies. These investments are typically utilized as a long-term strategy to manage the costs associated with employee benefit liabilities.