1、(888)522-LAKELAND FINANCIAL CORPORATION|2019 ANNUAL REPORTDavid M.FindlayPresident and Chief Executive Officer we have a singular focus on them.We are proud of that,just as we are proud of our 147-year history of independence.Our shareholders saw a 22%increase in our stock price in 2019.While this i
2、s certainly rewarding,we remain focused on our performance over the long term.A dollar invested in Lakeland Financial on December 31,2000,was worth$10.74 on December 31,2019.Including the impact of our consistent dividend payments,our total return was 1,819%over that same 19-year period.We are well
3、positioned for the future.We have invested in the technology to remain relevant to our clients.We have built a cohesive team focused on the right things.We have a strategic plan built around the challenges in front of us.Finally,we have a proven history of shareholder value creation and a commitment
4、 to our communities.We are grateful for the support of our clients,communities,employeesand shareholders.Lake City Bank Shareholders,Clients and Community Partners:2019 represented our tenth consecutive year of record net income and earnings per share.The Lake City Bank team is understandably proud
5、of this financial performance as it reflects a decade of dedication and hard work.Additionally,we have reported record net income in 30 of the last 31 years.That said,wed rather talk about the broader impact that we have had in the communities we serve.During our 147-year history,weve been properly
6、focused on building sustainable and meaningful relationships with our clients and communities.We have never wavered from the understanding that our shareholders will benefit only if we focus first on our employees,communities and clients.Thats why we love this annual report.Every year we get another