Lake City Bank’s stock or debenture holders, directors, officers and employees at the 75th anniversary celebration in 1947
 
Lake City Bank had come a long way by the time the 1940s rolled around. It survived major bank panics in 1873, 1893 and 1907. It emerged from the Great Depression as the only surviving bank of Warsaw’s original five. It grew up during the evolution of banking, from the days following the Wildcat Era to a system overseen by the Federal Reserve. It sold bonds and handled ration banking to support the country in two world wars.

When Lake City Bank celebrated its 75th year in 1947, it looked quite different than the bank of 1872. The Indianian building bustled with people. The number of employees had grown large enough to arrange by department–the space would soon need updates to accommodate so much activity.

Deposits had grown from less than $80,000 to more than $7 million, and loans made up a significant part of the bank’s assets. Silent alarms had been installed in 1940 to keep people and assets safe.

Without a doubt, Lake City Bank had proven that thoughtful leadership and integrity formed a solid foundation for business.