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Latest News

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Lakeland Financial Reports Record Second Quarter Performance; Net Income Grows by 20% to $27.0 Million, as Net Interest Income Expands by 14%

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Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record second quarter net income of $27.0 million for the three months ended June 30, 2025, which represents an increase of $4.4 million, or 20%, compared with net income of $22.5 million for the three months ended June 30, 2024. Diluted earnings per share were $1.04 for the second quarter of 2025 and increased $0.17, or 20%, compared to $0.87 for the second quarter of 2024. On a linked quarter basis, net income increased $6.9 million, or 34%, from $20.1 million. Diluted earnings per share increased $0.26, or 33%, from $0.78 on a linked quarter basis. Read more.

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Lake City Bank’s Esperanza Arias Promoted to Retail Banking Officer at Elkhart River District Branch

Lake City Bank is pleased to announce that Esperanza Arias has been promoted to Retail Banking Officer at the bank’s Elkhart River District branch.

In this position, Arias 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 five years.

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Lake City Bank’s Chairman & Chief Executive Officer David Findlay Receives Sagamore of the Wabash Award

Lake City Bank is pleased to announce that David M. Findlay, Chairman and Chief Executive Officer, received the Sagamore of the Wabash award, Indiana’s highest civilian honor.

The Sagamore of the Wabash is awarded by the Governor of Indiana in recognition of exemplary Hoosiers who have demonstrated distinguished service and leadership throughout the state.

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Lake City Bank Named to Piper Sandler Sm-All Stars Class of 2026; Among Top 25 Small-cap Banks and Thrifts in the Country

Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq: LKFN), announced it was named to the Piper Sandler Sm-All Stars Class of 2026, which recognizes the top performing small-cap banks and thrifts across the United States. Lake City Bank was among only 25 institutions recognized nationwide and was the only bank headquartered in Indiana to make the list.