Brief: Lakeland Financial Says Lake City Bank Has Significantly Higher Levels Of Capital Than Minimum Required
15/03/2023 17:42
March 15 (Reuters) - Lakeland Financial Corp LKFN.O :
* LAKELAND FINANCIAL: LAKE CITY BANK HAS SIGNIFICANTLY
HIGHER
LEVELS OF CAPITAL THAN MINIMUM REQUIRED BY REGULATORS FOR
"WELL-CAPITALIZED" STATUS
* LAKELAND FINANCIAL CORP: LAKE CITY BANK HAS ACCESS TO
SIGNIFICANT LIQUIDITY RESOURCES THAT INCLUDE TRADITIONAL
COMMERCIAL BANK CORE DEPOSITS
* LAKELAND FINANCIAL CORP: AS OF MARCH 15, 2023, ALTERNATIVE
LIQUIDITY SOURCES PROVIDED TOTAL AVAILABILITY OF APPROXIMATELY
$2.8 BILLION TO LAKE CITY BANK
Source text for Eikon: ID:
Further company coverage: LKFN.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Lakeland Financial
See all newsLakeland Financial Corp reports results for the quarter ended June 30 - Earnings Summary
Lakeland Financial Q2 profit rises on loan growth
Lakeland Financial Q1 EPS hits record on loan growth, raises dividend
Brief: Lakeland Financial Q1 EPS USD 1.04
Brief: David M. Findlay Named Chairman Of The Indiana Bankers Association Board Of Directors