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Lake City Bank Announces Election Of Ron Truex, President Of Creighton Brothers, To Board

WARSAW, Ind., Oct. 12, 2010 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq:LKFN) and Lake City Bank, today announced that Ron Truex has been appointed to their respective Boards of Directors.

Mr. Truex, a Warsaw resident, is the President and General Manager of Creighton Brothers, LLC, which is headquartered in Warsaw, Indiana. Creighton Brothers is a diversified agribusiness company with operations focused on egg production and egg products, hog farming and grain production.   Creighton Brothers is one of the leading egg producers in the Midwest and distributes products nationally.  

Michael L. Kubacki, Chairman and Chief Executive Officer, commented on the appointment, "Lake City Bank has been committed to the agribusiness community throughout our 138 year history and we're pleased to have an industry expert like Mr. Truex join our board.  Creighton Brothers is a nationally recognized leader in the business and Ron's experience and background will be a great benefit as we continue to grow."

Kubacki added, "In addition, Ron brings a strong regional background to Lake City Bank. Throughout his career, he has been actively engaged in community and civic organizations. He epitomizes our commitment to the Indiana communities we serve."

Truex commented, "Lake City Bank's strong reputation in the agricultural industry is well earned. As a lifelong resident of Northern Indiana, I have had the opportunity to work with the Bank's leadership for decades, both as a client and a community partner. The Bank has been able to maintain its community banking focus while at the same time growing into a leadership position as one of the largest banks in Indiana."

Mr. Truex joined Creighton Brothers in 1970 in the sales department and currently serves as President and General Manager. He has served as the President of the Indiana State Poultry Association and the Indiana State Egg Board. In addition he is a past board member of the State Board of Animal Health. He is also a former Chairman of the American Egg Board. Mr. Truex currently serves on the United Egg Producers Board of Directors and is Chairman of the Government Relations Committee and secretary of the Executive Committee.

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