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Lakeland Financial Corp. (LKFN)On Nov 30: 17.04   0.00 (0.00%)  
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Lakeland Financial Corp.
202 East Center Street
PO Box 1387
Warsaw, IN 46581-1387
United States - Map
Phone: 574-267-6144
Fax: 574-267-6063
Web Site: http://www.lakecitybank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Midwest Banks
Full Time Employees:446

BUSINESS SUMMARY 
Lakeland Financial Corporation operates as a holding company for Lake City Bank that provides commercial, retail, wealth advisory, and investment management services in Indiana. It offers various loans, including commercial, real estate, and agricultural loans; direct and indirect consumer loans; and commercial and residential real estate mortgage loans. The company also accepts various deposit products comprising checking accounts, savings accounts, and time deposits. In addition, it provides corporate cash management services, retirement services, bond administration, safe deposit box services, and treasury management services. Additionally, the company offers credit card services to retail and commercial customers; and retail brokerage services, including financial and investment products, such as annuities and life insurance, as well as involves in the sale of securities under agreements to repurchase. Further, it provides traditional personal and corporate trust and investment services to wealth advisory clients. As of April 27, 2009, it operated 43 branches in Kosciusko, Elkhart, Allen, St. Joseph, DeKalb, Fulton, Huntington, LaGrange, Marshall, Noble, Pulaski, and Whitley counties. The company was founded in 1872 and is headquartered in Warsaw, Indiana.
Key Statistics

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    CORPORATE GOVERNANCE 
    Lakeland Financial Corp.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 67.8% of Russell 3000 companies and 77.6% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Michael L. Kubacki , 57
    Exec. Chairman, Chief Exec. Officer, Pres, Chairman of Lake City Bank, Chief Exec. Officer of Lake City Bank and Pres of Lake City Bank
    $ 663.00K $ 606.00K
    Mr. David M. Findlay , 47
    Chief Financial Officer, Exec. VP of Admin., Chief Financial Officer of Lake City Bank and Exec. VP of Lake City Bank
    $ 376.00K $ 765.00K
    Mr. Charles D. Smith , 63
    Exec. VP of Commercial and Exec. VP of Lake City Bank
    $ 292.00K $ 155.00K
    Mr. Kevin L. Deardorff , 47
    Exec. VP of Retail and Exec. VP of Lake City Bank
    $ 245.00K $ 36.00K
    Mr. James D. Westerfield , 51
    Sr. VP of Wealth Advisory and Trust Officer
    $ 184.00K $ 0
    Dollar amounts are as of 31-Dec-08 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.
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