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  <p style=' margin-bottom:4pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>SECURITIES AND EXCHANGE COMMISSION</font></B></p>
  
  <p style=' margin-bottom:14pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>WASHINGTON, D.C.  20549</font></B></p>
  
  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>
  
  <p style=' margin-bottom:14pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>FORM 8-K</font></B></p>
  
  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>
  
  <p style=' margin-bottom:9pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>CURRENT REPORT</font></B></p>
  
  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>Pursuant to Section 13 or 15(d) of</font></p>
  
  <p style=' margin-bottom:12pt; margin-top:0pt;text-align:center;'><font size=2>the Securities Exchange Act of 1934</font></p>
  
  
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              <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0in'><font size=2>Date of Report</font></p> </td>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0in'><b><font size=2>February 12, 2008</font></b></p> </td> </tr></table>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0in'><font size=2>(Date of earliest event reported)</font></p> </td> </tr></table>
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  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Lakeland Financial Corporation</font></b></p>
  
  <p style=' margin-bottom:18pt; margin-top:0pt;text-align:center;'><font size=2>(Exact name of Registrant as specified in its charter)</font></p>
  
  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Indiana</font></b></p>
  
  <p style=' margin-bottom:18pt; margin-top:0pt;text-align:center;'><font size=2>(State or other jurisdiction of incorporation)</font></p>
  
  
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=1>&nbsp;</font></p> </td>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><b><font size=2>0-11487</font></b></p> </td>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><b><font size=2>35-1559596</font></b></p> </td> </tr></table>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:12pt'><font size=1>&nbsp;</font></p> </td>
          <td width="259" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=2>(Commission File Number)</font></p> </td>
          <td width="259" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=2>(I.R.S. Employer Identification Number)</font></p> </td> </tr></table>
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  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>
  
  
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=1>&nbsp;</font></p> </td>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><b><font size=2>202 East Center Street, Warsaw, Indiana</font></b></p> </td>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><b><font size=2>46581-1387</font></b></p> </td> </tr></table>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=1>&nbsp;</font></p> </td>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=2>(Address of principal executive offices)</font></p> </td>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=2>(Zip Code)</font></p> </td> </tr></table>
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  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>
  
  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>(574) 267-6144</font></b></p>
  
  <p style=' margin-bottom:16pt; margin-top:0pt;text-align:center;'><font size=2>(Registrant&#146;s telephone number, including area code)</font></p>
  
  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Not Applicable</font></b></p>
  
  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(Former name or former address, if changed since last report)</font></p>
  
  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>
  
  <p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (</font><i><font size=2>see</font></i><font size=2> General Instruction A.2 below):</font></p>
  
  
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=2>[   ]</font></p> </td>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=2>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p> </td> </tr></table>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=2>[   ]</font></p> </td>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=2>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p> </td> </tr></table>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=2>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17&nbsp;FR 240.14d-2(b))</font></p> </td> </tr></table>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=2>[   ]</font></p> </td>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=2>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17&nbsp;FR 240.13e-4(c))</font></p> </td> </tr></table>
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  <p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><b><font size=2>Item 8.01 Other Events.</font></b></p>
  
  <p style=' margin-bottom:12pt; margin-top:0pt; text-indent:0.49in;text-align:justify;'><font size=2>On February 12, 2008, the Board of Directors of Lakeland Financial Corporation (the &#147;Company&#148;) approved the adoption of the Lakeland Financial Corporation 2008 Equity Incentive Plan (the &#147;2008 Plan&#148;).  The adoption of the 2008 Plan is subject to shareholder approval, and shareholders will be asked to approve the adoption of the 2008 Plan at the annual meeting to be held on April 8, 2008.  The 2008 Plan is intended to provide the Company with the means to continue its equity-based compensation program previously maintained under the Company&#146;s prior stock option plan, which expired pursuant to its terms in December, 2007.  Because of the expiration of the prior plan, the options that the Compensation Committee intended to award to certain executive officers in December, 2007, were not awarded and the Compensation Committee currently intends to grant awards to
  certain officers after the Company receives shareholder approval for the 2008 Plan.</font></p>
  
  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>
  
  <p style=' margin-bottom:18pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>SIGNATURES</font></B></p>
  
  <p style=' margin-bottom:18pt; margin-top:0pt; text-indent:0.5in;text-align:justify;'><font size=2>Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></p>
  
  
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:12pt'><font size=1>&nbsp;</font></p> </td>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><B><font SIZE=2>LAKELAND FINANCIAL CORPORATION</font></B></p> </td> </tr></table>
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  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>
  
  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>
  
  
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=2>Dated:  February 19, 2008</font></p> </td>
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              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=2>By:&nbsp;&nbsp;</font></p> </td>
          <td width="153" nowrap valign=top >
              <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0in'><font size=2>/s/ David M. Findlay</font></p> </td> </tr></table>
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  <p style=' margin-bottom:0pt; margin-top:0pt; margin-left:3in;text-align:justify;'><font size=2>David M. Findlay</font></p>
  
  <p style=' margin-bottom:0pt; margin-top:0pt; margin-left:3in;text-align:justify;'><font size=2>Chief Financial Officer</font></p>
  
  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>
  
  <p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "lkfn02198k.htm", "secsgml_size_bytes": 13327}]
metadata_filer: {"company-data": {"conformed-name": "LAKELAND FINANCIAL CORP", "cik": "0000721994", "assigned-sic": "6022", "irs-number": "351559596", "state-of-incorporation": "IN", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-11487", "film-number": "08624926"}, "business-address": {"street1": "202 E CENTER ST", "street2": "P O BOX 1387", "city": "WARSAW", "state": "IN", "zip": "46581-1387", "phone": "5742676144"}, "mail-address": {"street1": "202 E CENTER ST", "street2": "PO BOX 1387", "city": "WARSAW", "state": "IN", "zip": "46581"}}
text: SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C.  20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of
  the Securities Exchange Act of 1934
  Date of Report
  February 12, 2008
  (Date of earliest event reported)
  Lakeland Financial Corporation
  (Exact name of Registrant as specified in its charter)
  Indiana
  (State or other jurisdiction of incorporation)
  0-11487
  35-1559596
  (Commission File Number)
  (I.R.S. Employer Identification Number)
  202 East Center Street, Warsaw, Indiana
  46581-1387
  (Address of principal executive offices)
  (Zip Code)
  (574) 267-6144
  (Registrant's telephone number, including area code)
  Not Applicable
  (Former name or former address, if changed since last report)
  Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (
  see
  General Instruction A.2 below):
  [   ]
  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [   ]
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [   ]
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 FR 240.14d-2(b))
  [   ]
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 FR 240.13e-4(c))
  Item 8.01 Other Events.
  On February 12, 2008, the Board of Directors of Lakeland Financial Corporation (the "Company") approved the adoption of the Lakeland Financial Corporation 2008 Equity Incentive Plan (the "2008 Plan").  The adoption of the 2008 Plan is subject to shareholder approval, and shareholders will be asked to approve the adoption of the 2008 Plan at the annual meeting to be held on April 8, 2008.  The 2008 Plan is intended to provide the Company with the means to continue its equity-based compensation program previously maintained under the Company's prior stock option plan, which expired pursuant to its terms in December, 2007.  Because of the expiration of the prior plan, the options that the Compensation Committee intended to award to certain executive officers in December, 2007, were not awarded and the Compensation Committee currently intends to grant awards to
  certain officers after the Company receives shareholder approval for the 2008 Plan.
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
  LAKELAND FINANCIAL CORPORATION
  Dated:  February 19, 2008
  By:
  /s/ David M. Findlay
  David M. Findlay
  Chief Financial Officer