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Lake City Bank Announces Election Of Daniel F. Evans, Jr., President And CEO Of Clarian Health Partners, To Board

WARSAW, Ind., July 13, 2010 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq:LKFN) and Lake City Bank, today announced that Daniel F. Evans, Jr. has been appointed to their respective Boards of Directors.

Mr. Evans, an Indianapolis resident, is the President and Chief Executive Officer of Clarian Health Partners in Indianapolis. Clarian Health Partners was formed in January 1997 through the consolidation of Methodist Hospital of Indiana, Inc., Indiana University Hospital, and Riley Hospital for Children. Clarian is an academic medical center containing Indiana University School of Medicine, the second largest medical school in the U.S. and presently is the site of over 5,000 research projects. Clarian's total operating revenue for 2009 exceeded $4.1 billion.

Michael L. Kubacki, Chairman, President and Chief Executive Officer, commented on the appointment, "We are obviously pleased to have Dan join our Boards. His breadth of experience in financial, legal and healthcare matters will be very valuable to us as we continue our growth in Indiana."

Kubacki added, "We believe that Lake City Bank has established a strong reputation in the health care arena as we've developed banking relationships with leading healthcare providers in all of our markets. In addition, our presence continues to grow in the Indianapolis market. We're looking forward to Dan's guidance as we further strengthen and expand our presence in the Hoosier communities we serve."

Evans commented, "As Lake City Bank has expanded its footprint in Indiana, they have established a reputation as a relationship-oriented community bank with the size and sophistication to serve growing Indiana companies. With nearly 140 years of proven commitment to serving their clients, the Bank has clearly developed a business strategy focused on taking care of clients, which has served to strengthen shareholder value."

From 1985 to December 2002, Mr. Evans was an attorney and partner with Baker & Daniels, a firm of more than 370 professionals with offices in Indianapolis, Fort Wayne, South Bend, Chicago, Washington D.C. and China. Mr. Evans, an Indianapolis native who received his J.D. from the Indiana University School of Law in 1976, represented large corporations and financial institutions before state and federal regulatory agencies, as well as handling general corporate work. Mr. Evans also served as the chairman of Sagamore Associates, a governmental relations firm that is a subsidiary of Baker & Daniels, headquartered in Washington, D.C.

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