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

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Lake City Bank (Nasdaq: LKFN) announced that David M. Findlay, Chairman and CEO of Lakeland Financial and Lake City Bank, has been named Chairman of the Indiana Bankers Association Board of Directors for 2026.

Findlay previously served as IBA Vice Chair in 2025 and is a 2019 Leaders in Banking Excellence honoree. He has held senior roles at Lakeland Financial since 2000. Lake City Bank is a $6.9 billion bank headquartered in Warsaw, Indiana, with 55 branches serving Central and Northern Indiana.

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News Market Reaction – LKFN

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On the day this news was published, LKFN declined 2.95%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

Who is David M. Findlay and what role was announced on January 7, 2026 for LKFN?

David M. Findlay, Chairman and CEO of Lakeland Financial and Lake City Bank (LKFN), was named Chairman of the Indiana Bankers Association board for 2026.

What leadership experience does LKFN's David Findlay have within the Indiana Bankers Association?

Findlay is a member of the IBA class of 2019 Leaders in Banking Excellence and served as IBA Vice Chair in 2025.

How large is Lake City Bank (LKFN) and where does it operate as of the January 7, 2026 announcement?

Lake City Bank is a $6.9 billion bank headquartered in Warsaw, Indiana, operating 55 branch offices across Central and Northern Indiana.

What positions has David Findlay held at Lakeland Financial and Lake City Bank prior to 2026?

Findlay served as Chairman and CEO, was President and CEO from 2014–2023, President and CFO 2010–2014, and CFO 2000–2010.

Will David Findlay's IBA chairmanship change Lake City Bank's business operations or headquarters?

The announcement states Findlay's new IBA role and reiterates Lake City Bank’s existing $6.9 billion scale and Warsaw, Indiana headquarters; no operational or headquarters change was disclosed.

Where can investors find more information about Lake City Bank and the January 7, 2026 leadership news for LKFN?

Investors can visit www.lakecitybank.com for corporate and investor information and the company contact provided in the announcement.
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