Lake City Bank
Lake City Bank reported total assets of $7.2 bn at Q2 2026, up 4.0% on a year earlier, the 213th largest of 497 banks in our US coverage. The CET1 capital ratio at Lake City Bank was 14.13%, and the uninsured share of Lake City Bank was 57.58%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, Lake City Bank climbed from 274th to 129th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Lake City Bank has one of the highest uninsured share of domestic deposits readings among banks of $1 bn to $10 bn: 57.58% at , against a median of 32.61% across 339 banks (FDIC Call Reports).
What sets Lake City Bank apart
How large is Lake City Bank?
The balance sheet of Lake City Bank at : assets $7.2 bn, deposits $6.3 bn, net loans $5.5 bn (loans equal to 86.89% of deposits). Securities make up 16.2% of total assets at Lake City Bank. Since , when Lake City Bank held $3.8 bn, its assets grew 90.6%. In the year to , deposits at Lake City Bank rose 2.7% while its total assets rose 4.0%. At , Lake City Bank employed 695 full-time equivalent staff across 58 offices, about $10.4 mn of assets per employee and $109.4 mn of deposits per office.
How much funding at Lake City Bank is uninsured?
At Lake City Bank, uninsured deposits (above the FDIC limit) made up 57.58% of domestic deposits at (-1.84 pp on a year earlier); Lake City Bank ranks 34th of 500 on this measure. In dollars, Lake City Bank estimated $3.7 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $6.3 bn | +2.7% | 197th of 499 |
| Net loans and leases | $5.5 bn | +6.8% | 194th of 500 |
| Loan-to-deposit ratio | 86.89% | +3.35 pp | 253rd of 500 |
| Tier 1 leverage ratio | 11.89% | -0.29 pp | 103rd of 500 |
| Total risk-based capital ratio | 15.27% | -0.54 pp | 150th of 448 |
| Net interest margin | 3.47% | +0.07 pp | 306th of 500 |
| Return on assets (ROA) | 1.66% | +0.21 pp | 108th of 500 |
| Efficiency ratio | 45.83% | -0.28 pp | 88th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $14.6 mn | Narrowed by $9.8 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $140.9 mn | Narrowed by $44.4 mn | |
| Noncurrent loans to total loans | 0.36% | -0.23 pp | 129th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.08% | -1.05 pp | 234th of 500 (1 = lowest) |
US rank of Lake City Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Lake City Bank: assets, deposits and loans
- Total assets $7.2bn
- Deposits $6.3bn
- Net loans $5.5bn
Capital and securities
The CET1 ratio of Lake City Bank stood at 14.13% in , -0.55 pp year on year. Low and high at Lake City Bank since : 11.67% () to 14.96% (). Equity capital of Lake City Bank at : $751.3 mn, or 10.4% of total assets. Lake City Bank also reported a total capital ratio of 15.27% for , and a tier 1 leverage ratio of 11.89%.
On held-to-maturity securities, Lake City Bank carried an unrealized loss of $14.6 mn at , equal to 1.9% of equity capital. The loss narrowed by $9.8 mn over the year. Its deepest point: $26.9 mn in . The available-for-sale portfolio of Lake City Bank showed an unrealized loss of $140.9 mn at ; the loss narrowed by $44.4 mn over the year.
Lake City Bank: capital ratios
- Total capital 15%
- CET1 14%
- Tier 1 leverage 12%
Lake City Bank: unrealized securities gains and losses
- Available for sale -$141mn
- Held to maturity -$15mn
Profitability and loan quality
For the year to , Lake City Bank earned a return on equity of 15.52%; return on assets: 1.66%. Net interest margin at Lake City Bank: 3.47%, +0.07 pp in a year. Lake City Bank net income: $58.9 mn, up 18.9% year on year. The efficiency ratio of Lake City Bank was 45.83%: about 46 cents cost per revenue dollar, against 57 cents at the median peer.
At , noncurrent loans were 0.36% of total loans at Lake City Bank; net charge-offs: 0.08% of average loans. Gross loans and leases at Lake City Bank: $5.6 bn, up 6.8% in a year.
Lake City Bank: profitability
- Return on equity 16%
- Net interest margin 3.5%
- Return on assets 1.7%
Peer group of Lake City Bank
The peer group of Lake City Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Lake City Bank (state member bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Indiana. Against them, Lake City Bank shows CET1 ratio 14.13% against a peer median of 14.09%, return on equity 15.52% against a peer median of 12.95% and uninsured deposit share 57.58% against a peer median of 30.51%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| TBK BANK, SSB | State-chartered stock savings bank | TX | $7.4 bn | 11.36% | 4.16% | 26.37% | |
| Comenity Bank | State nonmember bank | DE | $7.4 bn | 15.53% | 36.37% | 1.04% | |
| Pathward | National bank | SD | $7.3 bn | 12.05% | 23.28% | 12.74% | |
| Lake City Bank | State member bank | IN | $7.2 bn | 14.13% | 15.52% | 57.58% | |
| The Farmers National Bank of Canfield | National bank | OH | $7.2 bn | 12.64% | 11.64% | 34.66% | |
| Johnson Bank | State member bank | WI | $7.1 bn | 15.62% | 10.61% | 49.03% | |
| Republic Bank & Trust Company | State nonmember bank | KY | $7.1 bn | 16.55% | 14.26% | 45.58% | |
. FDIC Call Reports.
Last eight quarters
Two years at Lake City Bank, to : assets +8.9%, deposits +8.6%, equity +8.2%. Staff 639 to 695; offices 57 to 58.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $6.6 bn | $6.7 bn | $6.8 bn | $7.0 bn | $6.9 bn | $7.0 bn | $7.1 bn | $7.2 bn |
| Total deposits | $5.8 bn | $5.9 bn | $6.0 bn | $6.2 bn | $6.0 bn | $6.0 bn | $6.2 bn | $6.3 bn |
| Bank equity capital | $694.4 mn | $675.3 mn | $687.6 mn | $706.3 mn | $741.3 mn | $769.1 mn | $758.8 mn | $751.3 mn |
| CET1 ratio | 14.42% | 14.50% | 14.41% | 14.68% | 14.96% | 14.89% | 14.63% | 14.13% |
| Return on equity (ROE) | 14.68% | 14.81% | 13.00% | 14.38% | 14.96% | 15.47% | 15.04% | 15.52% |
| Uninsured share of domestic deposits | 61.20% | 62.22% | 57.35% | 59.42% | 57.41% | 59.13% | 55.07% | 57.58% |
| Full-time equivalent employees | 639 | 643 | 647 | 675 | 666 | 669 | 674 | 695 |
| Number of offices | 57 | 57 | 57 | 57 | 58 | 58 | 58 | 58 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by Lake City Bank appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of Lake City Bank?
Lake City Bank reported $7.2 bn at in its Call Report. That makes Lake City Bank the 213th largest of 497 banks in our US coverage.
Is Lake City Bank the same as its holding company?
No. This page covers Lake City Bank, FDIC certificate 13102; LAKELAND FINANCIAL CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Lake City Bank profitable?
Lake City Bank reported net income of $58.9 mn for the year to ; annualized return on equity: 15.52%. So yes: Lake City Bank made a profit over these months.
When is data for Lake City Bank next updated?
Figures from Lake City Bank for are due after .
Where can I check the figures for Lake City Bank?
In the FDIC BankFind Suite record for certificate 13102, and in the Call Reports of Lake City Bank (RSSD ID 874845) at the FFIEC Central Data Repository.