WARSAW, Ind., April 22, 2013 (GLOBE NEWSWIRE) -- Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq:LKFN), announced today that the Bank had been recognized by Keefe Bruyette and Woods (KBW) with its inclusion in the 2012 KBW Bank Honor Roll. Lake City Bank is one of 47 banking institutions with a ten-year record that met the KBW criteria for inclusion on its 2012 Bank Honor Roll. In addition, Lake City Bank is one of 33 returning members that were included on the 2011 KBW Bank Honor Roll. Keefe, Bruyette & Woods, a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), is a full-service, boutique investment bank and broker-dealer that specializes in the financial services sector and is widely recognized as a leading authority in the banking industry.
- No annual loss reported in net income per share before extraordinary items over the past 10 years;
- 2012 annual reported net income per share before extraordinary items equal to or greater than peak net income per share over the past 10 years; and
- Consecutive increases in net income per share before extraordinary items since 2009.