Lakeland Financial Corporation is a bank holding company. It owns all of the outstanding stock of Lake City Bank, Warsaw, Indiana, which is a full-service commercial bank. The Bank recognizes a wholly owned subsidiary, LCB Investments II, Inc., which manages a portion of the Bank�s investment portfolio. The Bank�s deposits are insured by the Federal Deposit Insurance Corporation. The Bank�s activities cover all phases of commercial banking, including checking accounts, savings accounts, time deposits, the sale of securities under agreements to repurchase, commercial, real estate and agricultural lending, direct and indirect consumer lending, commercial and residential real estate mortgage lending, retail and merchant credit card services, corporate treasury management services, retirement services, bond administration, safe deposit box service and wealth advisory, trust and brokerage services. As of December 31, 2011, the Bank had 45 offices in thirteen counties.