Lake City Bank Promotes Donald J. Robinson-Gay to Executive Vice President
Rhea-AI Summary
Lake City Bank (Nasdaq: LKFN) promoted Senior Vice President Donald J. Robinson-Gay to Executive Vice President, Chief Credit Officer, effective with the announcement dated Jan 15, 2026. Robinson-Gay has served as the bank’s Chief Credit Officer for the past three years and joined the management committee in 2023. His responsibilities include management of the loan portfolio, overseeing credit quality and policies, and participation on Corporate Loan Committee, Loan Review Committee and Risk Management Committee.
Robinson-Gay previously held regional credit and special assets roles, began his career at Accenture and held banking roles at M&I Bank and BMO Harris. Lake City Bank is a $6.9 billion bank headquartered in Warsaw, Indiana, with 55 branches.
Positive
- Internal promotion to Executive VP strengthens leadership continuity in credit
- Robinson-Gay served as Chief Credit Officer for the last three years
- Experience includes commercial banking, special assets, appraisal, and field audit teams
Negative
- None.
News Market Reaction
On the day this news was published, DOW declined 1.13%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
LKFN gained 3.57% while key regional bank peers also traded higher, with moves between 1.24% and 2.66%, suggesting positive sector tone despite the scanner not flagging a coordinated momentum move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 13 | Dividend increase | Positive | +0.4% | Raised quarterly dividend 4% to $0.52 per share. |
| Jan 07 | Management recognition | Positive | -3.0% | CEO named Chairman of Indiana Bankers Association Board. |
| Dec 16 | Digital partnership | Positive | -0.1% | Spiral partnership to enable roundup-driven savings and donations. |
| Oct 27 | Earnings beat | Positive | -5.1% | Q3 2025 net income and NII grew double digits with margin expansion. |
| Sep 08 | Capex investment | Positive | +0.1% | Announced $12M Innovation and Technology Center investment in Warsaw. |
Recent positive fundamental and strategic news has often seen mixed or even negative next-day price reactions, indicating a history of divergence on good news.
Over the past six months, LKFN has reported several constructive developments, including a 4% dividend increase to $0.52 per share effective Q1 2026, solid Q3 2025 earnings with net income of $26.4 million and EPS of $1.03, and multiple investments in technology and community impact such as a $12 million Innovation and Technology Center. Management visibility and partnerships have also expanded. Price reactions have been inconsistent, with some strong fundamentals coinciding with short-term declines.
Market Pulse Summary
This announcement centers on corporate communication and investor outreach rather than a direct change in financials or guidance. LKFN entered the day trading below its 200-day moving average and about 17.59% under its 52-week high, after a period of fundamentally positive news including dividend growth and solid earnings. Investors may watch for subsequent updates on profitability, loan and deposit trends, and capital deployment to gauge whether recent strategic moves translate into sustained performance.
Key Terms
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AI-generated analysis. Not financial advice.
WARSAW, Ind., Jan. 15, 2026 (GLOBE NEWSWIRE) -- Lake City Bank is pleased to announce that Senior Vice President Donald J. Robinson-Gay has been promoted to Executive Vice President, Chief Credit Officer.
“Don’s career in banking and financial services makes him a uniquely qualified Chief Credit Officer. He’s touched every part of the commercial lending process during his career. His strong technical credit skills were developed long before he joined Lake City Bank and he has done a great job of adapting those skills to the Lake City Bank credit culture over the last eight years, particularly during the last three years as our Chief Credit Officer. As a result, he and his Credit Administration team are terrific partners to our Commercial Banking and Commercial Loan Operations teams,” commented David M. Findlay, Chairman and Chief Executive Officer.
Robinson-Gay was promoted to Senior Vice President, Chief Credit Officer and joined the bank’s Management Committee in 2023. He previously served as Senior Vice President and Regional Credit Officer from 2020-2023 and as Vice President and Regional Credit Officer from 2018-2020, with responsibility for the bank’s Fort Wayne and Warsaw markets in those roles. In addition to his role as a Regional Credit Officer, he managed the Special Assets team, the Commercial Real Estate Appraisal team and the Field Audit Examination team.
Prior to joining Lake City Bank, Robinson-Gay began his career in management consulting at Accenture, before moving into various commercial banking and credit roles with M&I Bank and BMO Harris Bank. While at BMO Harris, he held leadership roles in commercial banking and strategy, as well as serving as a commercial banking market executive in Indianapolis. At M&I Bank, after spending several years as a commercial banker, he served as a senior credit administration officer focused on loan workout strategy during the Great Recession.
“I’m deeply honored by the promotion to Executive Vice President,” said Robinson-Gay. “I’m excited to continue leading the strong Credit Administration team as part of our collaborative credit culture alongside our Commercial Banking partners to deliver lending solutions for our clients and drive sustainable loan growth for the bank.”
Robinson-Gay is responsible for management of the bank’s loan portfolio, overseeing credit quality and policies to balance loan growth with risk management. He works closely with the bank’s lending teams and plays a strategic role in numerous bank project teams and standing committees, including Corporate Loan Committee, Loan Review Committee and Risk Management Committee.
Robinson-Gay earned a master’s of business administration from Marquette University and a bachelor’s degree from Miami University. He serves on the board of directors of the Kosciusko Economic Development Corporation.
Lake City Bank, a
Contact
Luke Weick
First 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/dfd54cdf-60c2-4781-8372-b8ec9899e5db
FAQ
Who is Donald J. Robinson-Gay and what role did Lake City Bank (LKFN) assign him on Jan 15, 2026?
What responsibilities does the new Chief Credit Officer at Lake City Bank (LKFN) have?
What relevant experience does Robinson-Gay bring to his Chief Credit Officer role at LKFN?
How long has Robinson-Gay been part of Lake City Bank's credit leadership before this promotion?
What size and footprint does Lake City Bank (LKFN) have after this leadership change?
