UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
DeBatty, Jill A.
1908 Short Ridge Dr.
Warsaw, IN 46580
2. Date of Event Requiring Statement (Month/Day/Year)
02/12/2001
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Lakeland Financial Corporation (LKFN)
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner
(X) Officer (give title below) ( ) Other (specify below)
Senior Vice President
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
TABLE I -- Non-Derivative Securities Beneficially Owned
+------------------------------------------+----------------------+----------------+-----------------------------------------------+
|1. Title of Security |2. Amount of |3. Ownership |4. Nature of Indirect Beneficial Ownership |
| | Securities | Form: | |
| | Beneficially Owned | Direct(D) or | |
| | | Indirect(I) | |
+------------------------------------------+----------------------+----------------+-----------------------------------------------+
Common Stock 63.896 I 401k Plan
TABLE II -- Derivative Securities Beneficially Owned
+-----------------------+---------------------+---------------------------------+----------+-------------+-------------------------+
|1.Title of Derivative |2.Date Exercisable |3.Title and Amount of Securities |4.Conver- |5.Ownership |6. Nature of Indirect |
| Security | and Expiration Date| Underlying Derivative | sion or | Form of | Beneficial Ownership |
| | (Month/Day/Year) | Security | Exercise | Derivative | |
| +----------+----------+-----------------------+---------+ Price of | Security: | |
| | Date | Expira- | |Amount or| Deri- | Direct(D) or| |
| | Exer- | tion | Title |Number of| vative | Indirect(I) | |
| | cisable | Date | |Shares | Security | | |
+-----------------------+----------+----------+-----------------------+---------+----------+-------------+-------------------------+
Stock Options (Right to 06/13/2005 06/13/2010 Common Stock 600 $13.5 D
buy)
Stock Options (Right to 01/09/2006 01/09/2011 Common Stock 1500 $13.625 D
buy)
Stock Options (Right to 02/08/2005 02/08/2010 Common Stock 800 $15.125 D
buy)
Stock Options (Right to 02/09/2004 02/09/2009 Common Stock 750 $19.4375 D
buy)
Explanation of Responses:
SIGNATURE OF REPORTING PERSON
/s/ Jill A. DeBatty
DATE
02/21/2001