Overview * Lakeland Financial Q3 net income rises 13% yr/yr to $26.4 mln * Net interest income for Q3 increases 14% yr/yr * Net interest margin improves to 3.50% from 3.16% yr/yr Outlook * Company did not provide specific financial guidance for future quarters or the full year Result Drivers * NET INTEREST MARGIN – Improved by 34 basis points to 3.50% due to reduced funding costs and favorable interest rate environment * NONINTEREST INCOME – Increased by 9% driven by higher commercial loan fees and wealth advisory fees * LOAN ORIGINATION – Exceeded $400 million, contributing to growth in commercial and industrial loan segments Key Details Metric Beat/Mis Actual Consensu s s Estimate Q3 EPS $1.03 Q3 Net $26.40 Income mln Q3 Net $56.07 Interest mln Income Q3 CET1 15.06% Capital Ratio Q3 Net

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