David has led Lake City Bank, Warsaw, and Lakeland Financial Corporation, as chairman and CEO since 2014. He graduated from DePauw University and is a member of the IBA’s 2019 class of Leaders in Banking Excellence, the Association’s highest honor.

The all-cash deal is valued at $40 million.

Reading Time: 4 minutesCommunity banks are the backbone of local economies, and the regulatory environment that governs them is undergoing significant change.

North Salem State Bank appointed Jeff Joyce, its chief financial officer, to its board of directors effective January 1, 2026.

Reading Time: 4 minutesMarket adjustments, counteroffers and off-cycle raises, while well-intentioned and driven by legitimate business needs, pose a common, source of employment litigation risk.