Author Archives: Luke Weick

Lake City Bank is pleased to announce that Imelda Herrera has been promoted to Retail Banking Officer at the bank’s Goshen Downtown branch.

In this position, Herrera leads sales and service efforts in the branch, manages the daily operations of the office and supports office staff in their efforts to provide quality service and build customer relationships. She has been with the bank for eight years.

Herrera volunteers with Junior Achievement and Goshen Community School’s Spring Into Reading program.

Lake City Bank, a $6.4 billion bank headquartered in Warsaw, Indiana, is the seventh largest bank headquartered in the state, and the largest bank 100% invested in Indiana. Lake City Bank operates 53 branch offices in northern and central Indiana, delivering technology-driven solutions in a client-centric way to individuals and businesses. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN).

Year‐to‐Date Record Net Income Improves by 9% to $77.8 million

Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record third quarter net income of $28.5 million for the three months ended September 30, 2022, an increase of 18%, or $4.4 million, versus $24.1 million for the third quarter of 2021. Diluted earnings per share increased 18% to $1.11 for the third quarter of 2022, versus $0.94 for the third quarter of 2021. Both the net income and diluted earnings per share represent the highest quarterly performance in the company’s 150‐year history. On a linked quarter basis, net income increased 11%, or $2.9 million, from the second quarter of 2022 in which the company had net income of $25.7 million, or $1.00 diluted earnings per share. Pretax pre‐provision earnings, which is a non‐GAAP financial measure, were $34.8 million for the third quarter of 2022, an increase of 13%, or $3.9 million, from $30.9 million for the third quarter of 2021. On a linked quarter basis, pretax pre‐provision earnings increased 11%, or $3.5 million, from $31.3 million for the second quarter of 2022. Read more.

Part of Bank’s 150th Anniversary Celebration

Lake City Bank supported the Community Foundation of DeKalb County with an unrestricted donation of $10,000 recently. This gift is part of the bank’s 150th anniversary celebration, a year-long commemoration of the bank’s history and commitment to the communities it serves. To mark the anniversary, the bank announced a donation of $150,000 to community foundations in Indiana, in the form of $10,000 gifts to the 15 community foundations in counties where the bank operates.

(Left to right) Bruce Wright, Senior Vice President, Retail Banking Regional Manager; Becky Hefty, Vice President, Retail Banking Officer and Community Foundation of DeKalb County board member; Tanya Young, Executive Director, Community Foundation of DeKalb County; David Frey, Vice President, Commercial Banking Officer; Cammy Treadway, Senior Vice President, Commercial East Regional Manager.

Lake City Bank, a $6.3 billion bank headquartered in Warsaw, Indiana, is the seventh largest bank headquartered in the state, and the largest bank 100% invested in Indiana. Lake City Bank operates 52 branch offices in northern and central Indiana, delivering technology-driven solutions in a client-centric way to individuals and businesses. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN).

Part of Bank’s 150th Anniversary Celebration

Lake City Bank supported The Indianapolis Foundation with an unrestricted donation of $10,000 recently. This gift is part of the bank’s 150th anniversary celebration, a year-long commemoration of the bank’s history and commitment to the communities it serves. To mark the anniversary, the bank announced a donation of $150,000 to community foundations in Indiana, in the form of $10,000 gifts to the 15 community foundations in counties where the bank operates.

(Left to right) Bill Redman, Senior Vice President, Commercial Indianapolis Regional Manager; Brian Payne, President & CEO of the Central Indiana Community Foundation and President of The Indianapolis Foundation; Jody Meyer, Vice President, Retail Banking Officer.

Lake City Bank, a $6.3 billion bank headquartered in Warsaw, Indiana, is the seventh largest bank headquartered in the state, and the largest bank 100% invested in Indiana. Lake City Bank operates 52 branch offices in northern and central Indiana, delivering technology-driven solutions in a client-centric way to individuals and businesses. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN).

Part of Bank’s 150th Anniversary Celebration

Lake City Bank supported the Johnson County Community Foundation with an unrestricted donation of $10,000 recently. This gift is part of the bank’s 150th anniversary celebration, a year-long commemoration of the bank’s history and commitment to the communities it serves. To mark the anniversary, the bank announced a donation of $150,000 to community foundations in Indiana, in the form of $10,000 gifts to the 15 community foundations in counties where the bank operates.

(Left to right) Bill Redman, Senior Vice President, Commercial Indianapolis Regional Manager; Gail Richards, President & CEO, Johnson County Community Foundation; Stephanie Fox, Program Officer, Grants and Scholarships, Johnson County Community Foundation; Joe Waltermann, Vice President, Retail Banking Officer.

Lake City Bank, a $6.3 billion bank headquartered in Warsaw, Indiana, is the seventh largest bank headquartered in the state, and the largest bank 100% invested in Indiana. Lake City Bank operates 52 branch offices in northern and central Indiana, delivering technology-driven solutions in a client-centric way to individuals and businesses. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN).

Part of Bank’s 150th Anniversary Celebration

Lake City Bank supported the Kosciusko County Community Foundation with an unrestricted donation of $10,000 recently. This gift is part of the bank’s 150th anniversary celebration, a year-long commemoration of the bank’s history and commitment to the communities it serves. To mark the anniversary, the bank announced a donation of $150,000 to community foundations in Indiana, in the form of $10,000 gifts to the 15 community foundations in counties where the bank operates.

(Left to right) Kevin Deardorff, President, Kosciusko County Community Foundation board of directors; Stephanie Overbey, Chief Executive Officer, Kosciusko County Community Foundation; Kim Strawbridge, Vice President, Retail Banking Regional Manager; Pam Messmore, Vice President, Retail Banking Regional Manager; Chris Wiggins, Vice President, Commercial South C&I Manager; Karen Francis, Vice President, Retail Banking Regional Manager; David Findlay, President & Chief Executive Officer.

Lake City Bank, a $6.3 billion bank headquartered in Warsaw, Indiana, is the seventh largest bank headquartered in the state, and the largest bank 100% invested in Indiana. Lake City Bank operates 52 branch offices in northern and central Indiana, delivering technology-driven solutions in a client-centric way to individuals and businesses. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN).

Part of Bank’s 150th Anniversary Celebration

Lake City Bank supported the Huntington County Community Foundation with an unrestricted donation of $10,000 recently. This gift is part of the bank’s 150th anniversary celebration, a year-long commemoration of the bank’s history and commitment to the communities it serves. To mark the anniversary, the bank announced a donation of $150,000 to community foundations in Indiana, in the form of $10,000 gifts to the 15 community foundations in counties where the bank operates.

(Left to right) Bruce Wright, Senior Vice President, Retail Banking Regional Manager; Paula Whiting, Vice President, Retail Banking Officer; Matt Ditzler, Executive Director, Huntington County Community Foundation; Cammy Treadway, Senior Vice President, Commercial East Regional Manager.

Lake City Bank, a $6.3 billion bank headquartered in Warsaw, Indiana, is the seventh largest bank headquartered in the state, and the largest bank 100% invested in Indiana. Lake City Bank operates 52 branch offices in northern and central Indiana, delivering technology-driven solutions in a client-centric way to individuals and businesses. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN).

Part of Bank’s 150th Anniversary Celebration

Lake City Bank supported the Northern Indiana Community Foundation with an unrestricted donation of $10,000 recently. This gift is part of the bank’s 150th anniversary celebration, a year-long commemoration of the bank’s history and commitment to the communities it serves. To mark the anniversary, the bank announced a donation of $150,000 to community foundations in Indiana, in the form of $10,000 gifts to the 15 community foundations in counties where the bank operates.

(Left to right) Jay Albright, Executive Director, Northern Indiana Community Foundation; Brian Johnson, Fulton County Director of Development, Northern Indiana Community Foundation; Jane Murphy, Vice President, Retail Banking Officer; Karen Francis, Vice President, Retail Banking Regional Manager; Penny Ramsey, Assistant Vice President, Retail Banking Officer and Northern Indiana Community Foundation board treasurer.

Lake City Bank, a $6.3 billion bank headquartered in Warsaw, Indiana, is the seventh largest bank headquartered in the state, and the largest bank 100% invested in Indiana. Lake City Bank operates 52 branch offices in northern and central Indiana, delivering technology-driven solutions in a client-centric way to individuals and businesses. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN).

Lake City Bank is pleased to announce that Quinten J. Bender has been promoted to Senior Loan Administration Officer.

In this position, Bender works with bankers on closings, inspections, funding and title documentation for commercial loans. He has been with the bank for four years.

Bender has a bachelor’s degree in finance from Indiana University-Purdue University Fort Wayne. He volunteers through the bank’s partnership with United Way for Day of Caring.

Lake City Bank, a $6.3 billion bank headquartered in Warsaw, Indiana, is the seventh largest bank headquartered in the state, and the largest bank 100% invested in Indiana. Lake City Bank operates 52 branch offices in northern and central Indiana, delivering technology-driven solutions in a client-centric way to individuals and businesses. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN).

Lake City Bank is pleased to announce that Tabitha A. Williamson, CTP, has been promoted to Vice President, Treasury Management Manager.

In this position, Williamson leads the Treasury Management department and is responsible for overall sales, implementation and support of products and services for commercial banking clients. In addition, she is a key contributor to the bank’s strategy for innovative new treasury management products and services for business customers. She has been with the bank for 21 years.

Williamson earned an associate degree in business marketing from Ivy Tech and a bachelor’s degree in business management from Grace College. She is a graduate of the Kosciusko Leadership Academy and is a Certified Treasury Professional (CTP) through the Association of Financial Professionals.

Williamson volunteers with Junior Achievement of Northern Indiana and serves as treasurer of the Lincoln Elementary School Parent Teacher Organization.

Lake City Bank, a $6.3 billion bank headquartered in Warsaw, Indiana, is the seventh largest bank headquartered in the state, and the largest bank 100% invested in Indiana. Lake City Bank operates 52 branch offices in northern and central Indiana, delivering technology-driven solutions in a client-centric way to individuals and businesses. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN).