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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 Madison P. Prater Promoted to Retail Banking Officer at Its Silver Lake Branch

Lake City Bank is pleased to announce that Madison P. Prater has been promoted to Retail Banking Officer at the bank’s Silver Lake branch.

In this position, Prater 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 Brittni A. Kuhn Promoted to Vice President, Retail Banking Officer at Its Ligonier South Branch

Lake City Bank is pleased to announce that Brittni A. Kuhn has been promoted to Vice President, Retail Banking Officer at the bank’s Ligonier South branch.

In this position, Kuhn 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 18 years.

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Lake City Bank’s Marissa Sparks Promoted to Assistant Vice President, Retail Banking Officer at Its Jimtown Branch

Lake City Bank is pleased to announce that Marissa Sparks has been promoted to Assistant Vice President, Retail Banking Officer at the bank’s Jimtown branch.

In this position, Sparks 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.