Pay vs Performance Disclosure
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12 Months Ended |
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Dec. 31, 2025
USD ($)
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Dec. 31, 2024
USD ($)
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Dec. 31, 2023
USD ($)
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Dec. 31, 2022
USD ($)
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Dec. 31, 2021
USD ($)
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| Pay vs Performance Disclosure |
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| Pay vs Performance Disclosure, Table |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year | Summary
Compensation
Table Total
for CEO(6) | Compensation
Actually Paid
to CEO | Average
Summary
Compensation
Table Total for
Non-CEO
Named
Executive
Officers(7) | Average
Compensation
Actually Paid
to Non-CEO
Named
Executive
Officers | | Value of Initial Fixed $100
Investment Based on: | Net Income | 3 Year
Diluted
Earnings
Per Share
Growth | | Total
Shareholder
Return | | Peer Group
Total
Shareholder
Return(8) | 2025(1) | | $ | 2,473,892 | | | $ | 2,392,785 | | | $ | 1,113,980 | | | $ | 1,128,735 | | | | $ | 122.08 | | | | $ | 196.00 | | | $ | 103,361,071 | | | (0.28 | %) | 2024(2) | | 2,048,666 | | | 567,465 | | | 909,839 | | | 325,849 | | | | 142.37 | | | | 147.85 | | | 93,478,188 | | | (0.99 | %) | 2023(3) | | 2,050,626 | | | (854,147) | | | 869,035 | | | (158,823) | | | | 131.00 | | | | 107.76 | | | 93,766,695 | | | 3.42 | % | 2022 (4)(5) | | 2,259,393 | | | 1,409,519 | | | 931,885 | | | 622,052 | | | | 142.05 | | | | 108.73 | | | 103,817,138 | | | 6.13 | % | 2021(6) | | 1,919,909 | | | 3,544,175 | | | 798,633 | | | 1,413,929 | | | | 152.73 | | | | 138.33 | | | 95,732,847 | | | 6.11 | % |
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| Named Executive Officers, Footnote |
The CEO in years 2021 through 2025 was Mr. Findlay.The Non-CEO NEOs in 2024 and 2023 were Ms. Pruitt, Ms. O'Neill, Mr. Ottinger and Mr. Donovan. The Non-CEO NEOs in 2022 and 2021 were Ms. Pruitt, Ms. O'Neill, Mr. Ottinger and Mr. Gavin.
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| Peer Group Issuers, Footnote |
The peer group used is the KBW NASDAQ Bank Index.
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| PEO Total Compensation Amount |
$ 2,473,892
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$ 2,048,666
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$ 2,050,626
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$ 2,259,393
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$ 1,919,909
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| PEO Actually Paid Compensation Amount |
$ 2,392,785
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567,465
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(854,147)
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1,409,519
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3,544,175
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| Adjustment To PEO Compensation, Footnote |
The following table reconciles the Summary Compensation Table to the Pay Versus Performance Table above. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | CEO | | Year | | 2021 | | 2022 | | 2023 | | 2024 | | 2025 | | Summary Compensation Table Total Compensation | | $ | 1,919,909 | | | $ | 2,259,393 | | | $ | 2,050,626 | | | $ | 2,048,666 | | | $ | 2,473,892 | | | Less Grant Date Fair Value of Stock Awards in Fiscal Year | | (905,600) | | | (1,221,280) | | | (1,066,080) | | | (945,120) | | | (1,304,582) | | | Add Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year | | 1,222,963 | | | (460,518) | | | (825,386) | | | 186,132 | | | 988,988 | | | Add Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years | | 1,129,303 | | | 300,530 | | | (865,854) | | | (286,858) | | | 513,530 | | | Add Change in Fair Value as of Stock Awards Granted in Prior Fiscal Years for which Applicable Vesting Conditions were Satisfied during Fiscal Year | | 177,600 | | | 531,394 | | | (147,453) | | | (435,355) | | | (279,043) | | | Compensation Actually Paid | | 3,544,175 | | | 1,409,519 | | | (854,147) | | | 567,465 | | | 2,392,785 | |
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| Non-PEO NEO Average Total Compensation Amount |
$ 1,113,980
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909,839
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869,035
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931,885
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798,633
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| Non-PEO NEO Average Compensation Actually Paid Amount |
$ 1,128,735
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325,849
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(158,823)
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622,052
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1,413,929
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| Adjustment to Non-PEO NEO Compensation Footnote |
The following table reconciles the Summary Compensation Table to the Pay Versus Performance Table above. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Non-CEO Named Executive Officers | | Year | | 2021 | | 2022 | | 2023 | | 2024 | | 2025 | | Summary Compensation Table Total Compensation | | | $ | 798,633 | | | $ | 931,885 | | | $ | 869,035 | | | $ | 909,839 | | | $ | 1,113,980 | | | Less Grant Date Fair Value of Stock Awards in Fiscal Year | | | (345,260) | | | (465,613) | | | (414,269) | | | (399,461) | | | (566,431) | | | Add Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year | | | 471,168 | | | (175,573) | | | (293,665) | | | 103,889 | | | 432,316 | | | Add Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years | | | 421,596 | | | 127,129 | | | (279,733) | | | (131,622) | | | 247,301 | | | Add Change in Fair Value as of Stock Awards Granted in Prior Fiscal Years for which Applicable Vesting Conditions were Satisfied during Fiscal Year | | | 67,792 | | | 204,224 | | | (40,191) | | | (156,796) | | | (98,431) | | | Compensation Actually Paid | | | 1,413,929 | | | 622,052 | | | (158,823) | | | 325,849 | | | 1,128,735 | |
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| Compensation Actually Paid vs. Total Shareholder Return |
PAY VERSUS TSR 2021-2025 | | | | | | | | | | | | | g | CAP to PEO | g | Avg. CAP to Other NEOs | | LKFN TSR | | Peer TSR | | |
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| Compensation Actually Paid vs. Net Income |
PAY VERSUS NET INCOME 2021-2025  | | | | | | | | | | | | | | | | | | | g | Net Income | g | CAP to PEO | g | Avg. CAP to Other NEOs |
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| Compensation Actually Paid vs. Company Selected Measure |
PAY VERSUS 3 YEAR DILUTED EPS GROWTH 2021-2025 | | | | | | | | | | | | | | | | | | | g | CAP to PEO | g | Avg. CAP to Other NEOs | | Diluted EPS Growth | |
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| Total Shareholder Return Vs Peer Group |
PAY VERSUS TSR 2021-2025 | | | | | | | | | | | | | g | CAP to PEO | g | Avg. CAP to Other NEOs | | LKFN TSR | | Peer TSR | | |
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| Tabular List, Table |
| | | | | | | | | | | | | | | | | | | | | TABULAR LIST | | | | | | | | | | | | | | | | •3 Year Diluted Earnings Per Share Growth •3 Year Revenue Growth •3 Year Average Return on Beginning Equity •Net Income | | | | | | | | | | |
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| Total Shareholder Return Amount |
$ 122.08
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142.37
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131.00
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142.05
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152.73
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| Peer Group Total Shareholder Return Amount |
196.00
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147.85
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107.76
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108.73
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138.33
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| Net Income (Loss) |
$ 103,361,071
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$ 93,478,188
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$ 93,766,695
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$ 103,817,138
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$ 95,732,847
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| Company Selected Measure Amount |
(0.0028)
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(0.0099)
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0.0342
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0.0613
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0.0611
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| PEO Name |
Mr. Findlay
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Mr. Findlay
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Mr. Findlay
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Mr. Findlay
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Mr. Findlay.
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| Additional 402(v) Disclosure |
The awards for the 2025-2027 performance period have an estimated payout at 138%. The awards for the 2024-2026 performance period have an estimated payout at 101%. The awards for the 2023-2025 performance period paid out at 42%. The awards for the 2025-2027 performance period are 60% performance-based and 40% time-based. The awards for the 2024-2026 performance period have an estimated payout at 101%. The awards for the 2023-2025 performance period paid out at 42%. The awards for the 2022-2024 performance period paid out at 63%.The awards for the 2023-2025 performance period paid out at 42%. The awards for the 2022-2024 performance period paid out at 63%. The awards for the 2021-2023 performance period paid out at 118%.The awards for the 2022-2024 performance period paid out at 63%. The awards for the 2021-2023 performance period paid out at 118%. The awards for the 2020-2022 performance period paid out at 118%Compensation Actually Paid reflects adjustments made to total compensation amounts are reported in the Summery Compensation Table for the applicable year for the CEO and Non-CEO NEOs, as set forth below.
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| Long-Term Incentive Plan, Estimated Performance Payout Percent, Period Five |
1.38
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| Long-Term Incentive Plan, Estimated Performance Payout Percent, Period Four |
1.01
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| Long-Term Incentive Plan, Estimated Performance Payout Percent, Period Three |
0.42
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1.01
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0.42
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0.63
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| Long-Term Incentive Plan, Estimated Performance Payout Percent, Period Two |
0.60
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0.42
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0.63
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1.18
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0.75
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| Long-Term Incentive Plan, Estimated Performance Payout Percent, Period One |
0.40
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0.63
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1.18
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1.18
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0.25
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| Measure:: 1 |
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| Pay vs Performance Disclosure |
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| Name |
3 Year Diluted Earnings Per Share Growth
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| Measure:: 2 |
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| Pay vs Performance Disclosure |
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| Name |
3 Year Revenue Growth
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| Measure:: 3 |
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| Pay vs Performance Disclosure |
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| Name |
3 Year Average Return on Beginning Equity
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| Measure:: 4 |
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| Pay vs Performance Disclosure |
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| Name |
Net Income
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| PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
$ (1,304,582)
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$ (945,120)
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$ (1,066,080)
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$ (1,221,280)
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$ (905,600)
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| PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
988,988
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186,132
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(825,386)
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(460,518)
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1,222,963
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| PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
513,530
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(286,858)
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(865,854)
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300,530
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1,129,303
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| PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
(279,043)
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(435,355)
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(147,453)
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531,394
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177,600
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| Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
(566,431)
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(399,461)
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(414,269)
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(465,613)
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(345,260)
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| Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
432,316
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103,889
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(293,665)
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(175,573)
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471,168
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| Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
247,301
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(131,622)
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(279,733)
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127,129
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421,596
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| Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
$ (98,431)
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$ (156,796)
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$ (40,191)
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$ 204,224
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$ 67,792
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