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David M. Findlay Named Chairman of the Indiana Bankers Association Board of Directors

MWN-AI** Summary

Lake City Bank is proud to announce that David M. Findlay, the bank's Chairman and Chief Executive Officer, has been appointed as the Chairman of the Indiana Bankers Association (IBA) Board of Directors for the year 2026. In a statement, Findlay emphasized the importance of the IBA, acknowledging its role as a leading state banking association recognized for its engaged membership and effective leadership in adapting to the ever-changing landscape of the financial services sector.

Findlay’s experience in the banking industry is extensive. Before assuming the role of Chairman and CEO at Lake City Bank, he served in various capacities, including President and Chief Financial Officer, showcasing his long-term commitment to the institution and the industry. Notably, he was honored as a member of the Indiana Bankers Association class of 2019 Leaders in Banking Excellence, which is the highest distinction awarded by the association. Prior to his chairmanship, Findlay contributed as the Vice Chair of the IBA's board in 2025.

In addition to his leadership at Lake City Bank, Findlay is actively involved in several organizations, such as the Indiana Chamber of Commerce and OrthoWorx, among others. Lake City Bank itself, with assets of $6.9 billion and founded in 1872, operates 55 branch offices across Central and Northern Indiana, emphasizing a community banking model that focuses on building long-term relationships and delivering innovative digital banking solutions to its clients.

With Findlay at the helm of the IBA, there is optimism for continued progress and advocacy for Indiana banks in a rapidly evolving market. For further details about Lake City Bank, visit www.lakecitybank.com.

MWN-AI** Analysis

The recent appointment of David M. Findlay as Chairman of the Indiana Bankers Association (IBA) Board of Directors presents optimistic signals for investors interested in financial services, particularly those observing the Midwest banking landscape. Findlay's robust history with Lake City Bank and Lakeland Financial reflects a deep commitment to community-oriented banking and strategic growth—qualities that are essential in an evolving financial ecosystem.

Lake City Bank, with its impressive $6.9 billion in assets and a strong operational footprint across Central and Northern Indiana, embodies a blend of traditional banking values and modern technological adoption. This advantage positions the bank well to adapt to changing consumer preferences, particularly as digital solutions gain traction post-pandemic. Investors should take note of the bank’s focus on long-term customer relationships and technology-forward capabilities, which are pivotal in attracting both retail and commercial clients.

Findlay’s extensive network and involvement with various regional economic committees and partnerships could further enhance the bank’s strategic positioning. His leadership in the IBA is likely to fortify advocacy efforts beneficial to Indiana banks, ensuring they remain competitive against national and fintech firms.

For investors considering exposure to regional banks like Lakeland Financial (Nasdaq: LKFN), it is crucial to monitor how these leadership changes translate into strategic actions and performance metrics. The bank's solid foundation, combined with Findlay's leadership, suggests potential for sustainable growth, particularly in a recovering economy.

In conclusion, now may be an opportune time to evaluate investments in Lake City Bank and its parent company, Lakeland Financial, taking cognizance of both the local economic environment and broader banking trends driven by innovation and consumer needs.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

WARSAW, Ind., Jan. 07, 2026 (GLOBE NEWSWIRE) -- Lake City Bank is pleased to announce that David M. Findlay, Chairman and Chief Executive Officer, has been named Chairman of the Indiana Bankers Association Board of Directors for 2026.

”The Indiana Bankers Association is one of the premier state banking associations in the country thanks to an engaged membership and an exceptional leadership team at the IBA. The IBA has a proven track record of proactively working with Indiana banks to ensure that we remain competitive and relevant in a rapidly evolving financial services world,” commented Findlay.

Findlay serves as the Chairman of the boards of directors and Chief Executive Officer of Lakeland Financial and Lake City Bank. He also served as President and Chief Executive Officer from 2014-2023, President and Chief Financial Officer from 2010-2014 and Chief Financial Officer from 2000-2010.

Findlay is a member of the Indiana Bankers Association class of 2019 Leaders in Banking Excellence, the Association’s highest honor, and most recently served as Vice Chair of the Association’s board in 2025.

Beyond his involvement with the Indiana Bankers Association, Findlay is active as a board member with the Indiana Chamber of Commerce, Central Indiana Corporate Partnership, OrthoWorx, AcceLINX, Northeast Indiana Regional Partnership, Parkview Health, Centerfield Capital Partners and the Trine University Board of Trustees.

Lake City Bank, a $6.9 billion bank headquartered in Warsaw, Indiana, was founded in 1872 and serves Central and Northern Indiana communities with 55 branch offices and a robust digital banking platform. Lake City Bank’s community banking model prioritizes building in-market long-term customer relationships while delivering technology-forward solutions for retail and commercial clients. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN). For more information visit www.lakecitybank.com.

Contact
Luke Weick
Vice President
Marketing Manager
(574) 267-9198 x47279 office
(260) 431-7061 mobile
luke.weick@lakecitybank.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9d9e5a83-0835-45da-84e2-9efba08edb73


FAQ**

How does David M. Findlay's leadership role at the Indiana Bankers Association impact the strategic direction of Lakeland Financial Corporation (LKFN)?

David M. Findlay's leadership at the Indiana Bankers Association reinforces his strategic influence at Lakeland Financial Corporation (LKFN) by fostering industry partnerships, enhancing regulatory compliance, and promoting best practices that align with the bank's growth objectives.

What initiatives is Lake City Bank pursuing under Findlay's leadership that align with the goals of Lakeland Financial Corporation (LKFN)?

Under Findlay's leadership, Lake City Bank is pursuing initiatives focused on digital banking enhancements, community engagement, and sustainable growth strategies that align with Lakeland Financial Corporation's goals of innovation, customer satisfaction, and responsible financial stewardship.

How does Lake City Bank's community banking model contribute to the overall performance of Lakeland Financial Corporation (LKFN)?

Lake City Bank's community banking model enhances Lakeland Financial Corporation's overall performance by fostering strong local connections, driving customer loyalty, and enabling tailored financial solutions that support sustainable growth and profitability.

In what ways does Findlay's involvement with various organizations enhance the reputation and growth prospects of Lakeland Financial Corporation (LKFN)?

Findlay's active participation in diverse organizations enhances Lakeland Financial Corporation's reputation and growth prospects by fostering valuable networks, promoting community engagement, and demonstrating a commitment to corporate social responsibility, which ultimately attracts investors and clients.

**MWN-AI FAQ is based on asking OpenAI questions about Lakeland Financial Corporation (NASDAQ: LKFN).

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