PROXY CORNER: Lakeland Financial Corp.

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Lakeland Financial Corp., P.O. Box 1387, Warsaw, Ind., 46581, is a holding company for Lake City Bank, which has about $2.9 billion in assets. Lakeland recently entered the Indianapolis market and has opened a regional headquarters at 96th and Meridian streets. Lakeland has 45 branches, most of them in northern Indiana. In 2011, Lakeland earned $30.7 millon, or $1.88 per share. That compared with earnings of $21.4 million, or $1.32 per share, a year earlier. Lakeland’s website is www.lakecitybank.com, and its shares trade on NASDAQ under the ticker LKFN. Information for Proxy Corner came from the company’s preliminary proxy statement filed Feb. 23, 2012, and from Yahoo Finance. View full Proxy Corner feature

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