Lake City Bank Ranked Among Top Performing U.S. Banks in Bank Director Magazine's 2026 RankingBanking

Rhea-AI Summary

Lake City Bank (Nasdaq: LKFN) reported that it ranked 15th in its peer group in Bank Director Magazine's 2026 RankingBanking analysis of the 300 largest publicly traded U.S. banks, based on year-end 2025 performance.

The peer group covers 142 banks with $5 billion to $50 billion in assets. Lake City Bank also ranked first among Indiana-headquartered banks and in the top 10% of all banks in the full ranking, regardless of asset size. The RankingBanking scores are calculated by Piper Sandler using S&P Global Market Intelligence data and consider profitability, asset quality and capital adequacy. Lake City Bank reports $7.2 billion in assets and operates 55 branches in Central and Northern Indiana.

Positive

• Ranked 15th among 142 U.S. banks with $5–$50 billion in assets
• Top 10% in overall RankingBanking list of 300 largest public U.S. banks
• First-place ranking among banks headquartered in Indiana
• Recognition based on profitability, asset quality and capital adequacy metrics using 2025 data

Negative

• None.

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WARSAW, Ind., Aug. 25, 2026 (GLOBE NEWSWIRE) -- Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq: LKFN), announced today that the bank ranked 15^th in its peer group of banks in Bank Director Magazine's 2026 RankingBanking analysis of the 300 largest publicly traded banks in the United States.

The RankingBanking list is based on analysis of year-end 2025 performance and uses four metrics that speak to profitability, asset quality and capital adequacy to score a bank's performance. The analysis is compiled and calculated by investment bank Piper Sandler & Co., using data from S&P Global Market Intelligence. Lake City Bank’s peer group includes banks with $5 billion to $50 billion in assets, totaling 142 banks. In addition to ranking 15^th in its peer group, Lake City Bank ranked first among banks headquartered in Indiana and in the top 10% of all banks in the full ranking, regardless of asset size.

“Our high standing in the RankingBanking analysis reflects decades of disciplined operating focus. We’re proud of our long history of consistently strong financial performance driven by our organic growth strategies and a healthy credit culture. The Lake City Bank team has delivered outstanding results and we remain committed to a laser focus on shareholder value creation,” commented David Findlay, Chairman and Chief Executive Officer.

Lake City Bank, a $7.2 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
First Vice President
Marketing Manager
(574) 267-9198 x47279 office
(260) 431-7061 mobile
luke.weick@lakecitybank.com

FAQ

What ranking did Lake City Bank (LKFN) receive in Bank Director Magazine's 2026 RankingBanking?

Lake City Bank ranked 15th in its peer group in the 2026 RankingBanking list. According to Lake City Bank, this peer group includes 142 publicly traded U.S. banks with $5–$50 billion in assets, drawn from the 300 largest publicly traded banks nationally.

How did Lake City Bank (LKFN) perform among all 300 banks in the 2026 RankingBanking analysis?

Lake City Bank ranked in the top 10% of all 300 banks evaluated. According to Lake City Bank, this overall position reflects its performance relative to the largest publicly traded U.S. banks, regardless of asset size, based on 2025 financial metrics.

How is the 2026 RankingBanking list that includes Lake City Bank (LKFN) calculated?

The RankingBanking list is calculated using four metrics that address profitability, asset quality and capital adequacy. According to Lake City Bank, investment bank Piper Sandler compiles the analysis using year-end 2025 data from S&P Global Market Intelligence for the 300 largest publicly traded U.S. banks.

What is Lake City Bank's asset size and market footprint as of 2026?

Lake City Bank reports total assets of $7.2 billion and a community banking model. According to Lake City Bank, it serves Central and Northern Indiana through 55 branch offices and a digital banking platform, focusing on long-term in-market relationships with retail and commercial clients.

How did Lake City Bank (LKFN) rank compared to other Indiana-headquartered banks in 2026?

Lake City Bank ranked first among banks headquartered in Indiana in the 2026 RankingBanking list. According to Lake City Bank, this state-leading position is based on the same profitability, asset quality and capital adequacy metrics applied across its national peer group.

What peer group was Lake City Bank (LKFN) measured against in the 2026 RankingBanking report?

Lake City Bank was measured against a peer group of 142 banks with $5 billion to $50 billion in assets. According to Lake City Bank, this group is drawn from the 300 largest publicly traded U.S. banks assessed in the RankingBanking analysis.