WARSAW, Ind. (AP) — WARSAW, Ind. (AP) — Lakeland Financial Corp. (LKFN) on Monday reported net income of $29.9 million in its fourth quarter.
The Warsaw, Indiana-based bank said it had earnings of $1.16 per share.
The holding company for Lake City Bank posted revenue of $106.6 million in the period. Its revenue net of interest expense was $69.8 million, which beat Street forecasts.
For the year, the company reported profit of $103.4 million, or $4.01 per share. Revenue was reported as $269 million.
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