Lake City Bank Indianapolis Regional Headquarters Awarded Prestigious LEED(R) Green Building Certification

WARSAW, Ind., Sept. 20, 2012 (GLOBE NEWSWIRE) -- Lake City Bank (Nasdaq:LKFN) announced today that its new Regional Headquarters in Indianapolis, Indiana has been awarded LEED® Silver certification established by the U.S. Green Building Council and verified by the Green Building Certification Institute (GBCI).

LEED is the nation's preeminent program for the design, construction and operation of high performance green buildings.  

Michael L. Kubacki, Lake City Bank Chairman and Chief Executive Officer, commented, "Our commitment to Indianapolis has been significant, and the fact that our Regional Headquarters has achieved this LEED® certification is further proof of our desire to be a good corporate citizen. Our offices are not only a conduit to provide financial services, but they are also evidence of our commitment to the market. We've been building banking offices in Indiana for 140 years, and they have always had a Lake City Bank sign on them. We're proud of this heritage and our new office is another step in our goal to be recognized as a leading Indiana bank."

Completed in November 2011, the new 11,000 square foot facility is home to Lake City Bank's existing Indianapolis commercial lending staff and provides central Indiana customers direct access to all commercial, retail and wealth advisory products that the Bank offers. The building features a circular glass entrance lobby and offers nearly 2,000 square feet of community meeting and social space for business partners and service organizations to use for local events.

The building was a design-build project by MSKTD & Associates, Inc./MSKTD Build LLC, Fort Wayne, Indiana and the contractor was Browning Construction, Inc. of Indianapolis.

LEED certification of the Lake City Bank Carmel Regional Headquarters building was based on a number of green design and construction features that positively impact the project itself and the broader community. These features include:
  • Pedestrian and bicycle friendly access.
  • Energy efficient lighting.
  • High albedo roof and site materials.
  • Energy-saving mechanical design and equipment.
  • Parking priority for low-emitting/fuel-efficient vehicles.
  • Facility uses 100% "green" power.
  • Low VOC emitting materials used throughout the interior.

David M. Findlay, Lake City Bank President, stated, "When we celebrated the opening of this office, we partnered with Indiana University Health and Riley Children's Hospital to raise both funding and awareness for another great Indiana institution. Our Indianapolis clients have responded favorably to our approach to becoming part of the community and we're looking forward to further expansion. We're currently working on a market development plan that will bring more Lake City Bank offices to the Indianapolis market."

About Lakeland Financial Corporation

Lakeland Financial Corporation is a $3.0 billion bank holding company that operates through Lake City Bank, with its headquarters in Warsaw, Indiana. The Company's common stock is traded on the Nasdaq Global Select Market under "LKFN". The Bank was founded in 1872 and has continuously operated under the name Lake City Bank since its organization and is proud to be the third oldest financial institution headquartered in Indiana. Lake City Bank's business strategy is focused on maintaining a traditional community banking approach while at the same time concurrently leveraging the strength and size of its balance sheet to effectively compete with larger regional and national competitors. It is an Indiana bank focused on serving Indiana clients. While its strategy encompasses all phases of traditional community banking, including consumer lending, wealth advisory, trust services and retail brokerage, it is primarily focused on building expansive commercial lending and deposit relationships and pursuing retail deposit gathering strategies through high levels of relationship-based client services.

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 .

About MSKTD

Incorporated in August of 1978, MSKTD & Associates, Inc. is an Indiana-based Architecture, Engineering and Interior Design firm with offices in Fort Wayne and Indianapolis, Indiana. 

With a total staff of some seventy Architects, Interior Designers, Mechanical – Electrical – Civil – Structural Engineers, Planners, Cost Estimators and support personnel in our Fort Wayne and Indianapolis offices, MSKTD's clients have access to a full range of in-house design services. MSKTD's portfolio shows experience with a wide arrange of project types, with special emphasis on academic, health/wellness, food processing/advanced manufacturing, corporate and community-enhancing projects.

As proponents of environmentally responsible design, MSKTD is a member of the United States Green Building Council and has several LEED® accredited architects and engineers on staff. 

In addition to the Lake City Bank Indianapolis Regional Headquarters, MSKTD currently has four LEED® certified projects; the LEED® Platinum Sweetwater campus in Fort Wayne; Ball State University's LEED® Silver David Letterman Communication & Media Building, LEED® Certified IUPPS Call Center & Administrative Headquarters in Greenwood, and Ball State's LEED® Silver Student Rec & Wellness Center. Seven projects are in various stages of review by GBCI.

About U.S. Green Building Council

The Washington, D.C.-based U.S. Green Building Council is committed to a prosperous and sustainable future for our nation through cost-efficient and energy-saving green buildings.

With a community comprising 80 local affiliates, more than 18,000 member companies and organizations, and more than 167,000 LEED® Professional Credential holders, USGBC is the driving force of an industry that is projected to contribute $554 billion to the U.S. gross domestic product from 2009-2013. USGBC leads an unlikely diverse constituency of builders and environmentalists, corporations and nonprofit organizations, elected officials and concerned citizens, and teachers and students.

Buildings in the United States are responsible for 39% of CO2 emissions, 40% of energy consumption, 13% water consumption and 15% of GDP per year, making green building a source of significant economic and environmental opportunity. Greater building efficiency can meet 85% of future U.S. demand for energy, and a national commitment to green building has the potential to generate 2.5 million American jobs.

About LEED®

The U.S. Green Building Council's LEED® green building certification system is the foremost program for the design, construction and operation of green buildings. Over 100,000 projects are currently participating in the LEED® rating systems, comprising over 8 billion square feet of construction space in all 50 states and 114 countries.

By using less energy, LEED®-certified buildings save money for families, businesses and taxpayers; reduce greenhouse gas emissions; and contribute to a healthier environment for residents, workers and the larger community.

USGBC was co-founded by current President and CEO Rick Fedrizzi, who spent 25 years as a Fortune 500 executive. Under his 15-year leadership, the organization has become the preeminent green building, membership, policy, standards, influential, education and research organization in the nation. 

For more information, visit www.usgbc.org.
CONTACT: David M. Findlay         President and         Chief Financial Officer         (574) 267-9197         david.findlay@lakecitybank.com