Latest News

January 25, 2023

Lakeland Financial Reports Record Annual Performance; Record Annual Net Income Improves by 8% to $103.8 Million

Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record full year net income of $103.8 million, which represents an increase of $8.1 million, or 8%, compared with net income of $95.7 million for 2021. Diluted earnings per share of $4.04 was also a record for 2022, and increased 8% …

January 17, 2023

Lake City Bank Promotes Donald J. Robinson-Gay to Chief Credit Officer

Lake City Bank is pleased to announce that it has promoted Senior Vice President Donald J. Robinson-Gay to Senior Vice President, Chief Credit Officer. Robinson-Gay, 45, will join the bank’s Management Committee and succeeds Michael E. Gavin, Executive Vice President, Chief Credit Officer, who will retire on January 27, 2023 after a 31-year career with …

January 10, 2023

Lake City Bank Parent Announces 15% Increase in Quarterly Dividend

Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, announced that the Board of Directors approved a quarterly cash dividend for the first quarter of 2023 of $0.46 per share, payable February 6, 2023, to shareholders of record as of January 25, 2023. The quarterly dividend represents a 15% increase over the …

December 19, 2022

Lake City Bank Named Best Small Bank in Indiana in National Ranking from Newsweek

Lake City Bank was named the Best Small Bank in Indiana in America’s Best Banks 2023 ranking from Newsweek and Lending Tree. The annual ranking identifies best in class options across 26 categories, produced by evaluating nearly 5,000 of FDIC insured banks and credit unions across more than 30 factors. Evaluation covered the overall health …

December 13, 2022

Lake City Bank Welcomes David J. Miller to its Information Security and Assurance Team

Lake City Bank is pleased to announce that David J. Miller has joined the bank as Security Analyst Officer. In this position, Miller is responsible for monitoring and managing the bank’s security systems by scanning for vulnerabilities, testing and evaluating cybersecurity controls and staying up to date with financial industry security trends. Miller earned a …

December 13, 2022

Lake City Bank Welcomes Rae Kaleohano to its Marketing Team

Lake City Bank is pleased to announce that Rae Kaleohano has joined the bank as Assistant Vice President, Marketing Officer and Webmaster. In this position, Kaleohano works with the bank’s website and social media programs, managing content, distribution and design components and gathering and analyzing data for both. She also creates marketing collateral, manages its …

November 17, 2022

Lake City Bank’s Jordan M. Bell Promoted to Assistant Vice President, Technology Systems Officer and Manager

Lake City Bank is pleased to announce that Jordan M. Bell has been promoted to Assistant Vice President, Technology Systems Officer and Manager. In this position, Bell is responsible for the maintenance and operation of the bank’s Information Technology infrastructure products and manages the Technology Services systems administration team. He has been with the bank …

November 15, 2022

Lake City Bank’s Jillian M. Howell Promoted to Commercial Documentation Officer

Lake City Bank is pleased to announce that Jillian M. Howell has been promoted to Commercial Documentation Officer In this position, Howell is responsible for assisting commercial banking officers in the preparation of loan and collateral documentation. She has been with the bank for 11 years. Howell volunteers with the Volunteer Income Tax Assistance (VITA) …

November 2, 2022

Lake City Bank Welcomes Dan L. Beechy to its Treasury Management Team

Lake City Bank is pleased to announce that Dan L. Beechy has joined the bank as Assistant Vice President, Treasury Management Sales Officer. In this position, Beechy works to provide businesses with treasury management solutions. He has worked in the financial services industry for almost 20 years. Beechy earned a bachelor’s degree in business from …

October 31, 2022

Lake City Bank’s Justin Taylor Promoted to Assistant Vice President, Financial Wellness and Training Officer

Lake City Bank is pleased to announce that Justin Taylor has been promoted to Assistant Vice President, Financial Wellness and Training Officer. In this position, Taylor works with all Lake City Bank branches to provide Financial Wellness Partner Program workshops to businesses and educates bank employees on issues related to the bank’s core value of …

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