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Lakeland Financial Corp. (LKFN)

39.00 0.11(0.28%) Aug 26, 4:00PM EDT
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Lakeland Financial Corp.
202 East Center Street
PO Box 1387
Warsaw, IN 46581
United States - Map
Phone: 574-267-6144

Index Membership:N/A
Industry:Regional - Midwest Banks
Full Time Employees:497

Business Summary 

Lakeland Financial Corporation operates as the holding company for Lake City Bank that provides various commercial and retail banking, wealth advisory, and investment brokerage services to individuals and businesses in Indiana, the United States. The company accepts checking accounts, savings accounts, time deposits, certificates of deposit, money market accounts, and NOW accounts. It provides commercial, real estate, and agricultural loans; consumer loans; and commercial and residential real estate mortgage loans, as well as home equity lines of credit and retail installment loans. In addition, the company offers retail and merchant credit card services, corporate treasury management services, retirement services, and trust and brokerage services, as well as sells securities under agreements to repurchase. Further, it provides retail brokerage services, including various financial and investment products, such as annuities and life insurance; Internet business banking and on-line treasury management services; and credit card services. Lakeland Financial Corporation operates 46 offices in 13 counties in northern and central Indiana. The company was founded in 1872 and is headquartered in Warsaw, Indiana.

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Corporate Governance 
Lakeland Financial Corp.’s ISS Governance QuickScore as of Aug 1, 2014 is 3. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 2; Compensation: 8.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Michael L. Kubacki , 62
Exec. Chairman and Exec. Chairman of Lake City Bank
Mr. David M. Findlay , 52
Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Lake City Bank, Pres of Lake City Bank and Director of Lake City Bank
Mr. Kevin L. Deardorff , 52
Head of Retail Banking, Exec. VP and Exec. VP of Lake City Bank
Mr. Eric H. Ottinger , 44
Head of Commercial Banking Department and Exec. VP
Mr. Michael E. Gavin , 58
Chief Credit Officer and Exec. VP
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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