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Lakeland Financial Corporation (LKFN)


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45.56-0.11 (-0.24%)
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Lakeland Financial Corporation

202 East Center Street
PO Box 1387
Warsaw, IN 46581
United States
574-267-6144
http://www.lakecitybank.com

SectorFinancial
IndustryRegional - Midwest Banks
Full Time Employees524

Key Executives

NameTitlePayExercisedAge
Mr. David M. FindlayCEO, Pres and DirectorN/AN/A55
Ms. Lisa M. O'NeillCFO, Exec. VP, CFO of Lake City Bank and Exec. VP of Lake City Bank318.98kN/A49
Ms. Kristin L. PruittEVP, Gen. Counsel, Corp., EVP of Lake City Bank and Gen. Counsel of Lake City Bank333.29kN/A45
Mr. Kevin L. DeardorffExec. VP, Head of Retail Banking and Exec. VP of Lake City Bank338.61kN/A55
Mr. Eric H. OttingerExec. VP and Head of Commercial Banking361.93kN/A47
Amounts are as of December 31, 2016 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.

Description

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various financial services in Indiana. The company offers various deposit products, including noninterest bearing deposits; interest-bearing checking, savings, and money market deposits; and NOW and demand deposits. It also provides commercial and industrial loans, commercial real estate and multi-family residential loans, agri-business and agricultural loans, and other commercial loans; and consumer 1-4 family mortgage loans and other consumer loans. In addition, the company offers corporate treasury management, wealth advisory, trust, and wealth management services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; retail and merchant credit card services; and Internet business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. The company operates 49 branch offices in Northern and Central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.

Corporate Governance

Lakeland Financial Corporation’s ISS Governance QualityScore as of June 2, 2017 is 2. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 1; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.