Lakeland Financial Corporation (LKFN)

61.73 -0.91 (-1.45%) As of 09:52AM EDT. Market open.

Lakeland Financial Corporation

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

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 608

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. David M. Findlay	Chairman & CEO	984.55k	N/A	1962
Ms. Kristin L. Pruitt	President & Director	559.48k	N/A	1972
Ms. Lisa M. O'Neill	Executive VP & CFO	424.98k	N/A	1968
Mr. Rickard James Donovan	Senior VP, General Counsel & Secretary	332.36k	N/A	N/A
Mr. Eric H. Ottinger	Executive VP & Chief Commercial Banking Officer	502.23k	N/A	1970
Mr. Brok A. Lahrman	Chief Accounting Officer & Senior VP of Finance	N/A	N/A	1987
Ms. Kyra E. Clark	Senior VP & Chief Human Resource Officer	N/A	N/A	N/A
Mr. Jonathan P. Steiner	Senior VP & Chief Wealth Advisory Officer	N/A	N/A	1962
Ms. Stephanie R. Leniski	Senior VP & Chief Retail Banking Officer	N/A	N/A	N/A
Kirtus D. Murray	Senior VP of Consumer & Home Loans and Retail Lending Manager	N/A	N/A	N/A

Amounts are as of December 31, 2023 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 banking products and services in the United States. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, construction, agri-business and agricultural, consumer 1-4 family mortgage, and other commercial and consumer loans. The company also provides retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and mobile 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 was founded in 1872 and is headquartered in Warsaw, Indiana.

Corporate Governance

Lakeland Financial Corporation’s ISS Governance QualityScore as of April 1, 2024 is 2. The pillar scores are Audit: 4; Board: 4; Shareholder Rights: 2; Compensation: 3.

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.