Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN), announced today that it will construct its second Indianapolis market office in Fishers. The 3,700 square foot office will be located at the northeast corner of SR 37 and 131^st Street in Fishers Marketplace and is expected to open in November 2013. The total investment in the facility is expected to exceed $2.8 million.

Michael L. Kubacki, chairman and chief executive officer, commented, “Our Regional Headquarter office in Indianapolis has been a tremendous success since opening in late 2011 and has grown faster than any office in Lake City Bank’s 140 year history. The Indianapolis market has clearly been receptive to our client-driven approach and we’re excited to open our second office in the market.”

President and Chief Financial Officer David M. Findlay stated, “We’re an Indiana bank serving Indiana clients and this commitment to the Indianapolis market is a reflection of our success in the market. As we have executed in our more mature markets, we will continue to build additional offices in the market as our growth continues.”

Lake City Bank was assisted in the site selection process by Indianapolis-based Hokanson Companies. Hokanson will also oversee construction of the office and The Hagerman Group will act as the project’s general contractor.

Lakeland Financial Corporation is a $2.9 billion bank holding company headquartered in Warsaw. Lake City Bank serves Indiana with 45 branches located in the following Indiana counties: Kosciusko, Elkhart, Allen, St. Joseph, DeKalb, Fulton, Hamilton, Huntington, LaGrange, Marshall, Noble, Pulaski and Whitley.

Lakeland Financial Corporation may be accessed on the home page of its subsidiary, Lake City Bank, at www.lakecitybank.com. The Company’s common stock is traded on the Nasdaq Global Select Market under “LKFN”.