Vitals
  • Total Assets
    5.1B 31.6 %
  • Total Deposits
    4.1B 36.3 %
  • Total Net Loans
    3.8B 30.8 %
  • Net Income
    43.1M 33.9 %
  • Book Value
    630.3M 55.5 %
  • Book Value x2
    1.3B 55.5 %
  • Book Value x3
    1.9B 55.5 %
ROAA

.934

ROAE

8.473

Efficiency Ratio

58.582

Net Interest Margin

3.479

Balance Sheet Highlights
Financial Highlights Lakeland Bank All Insured Commercial Banks in New Jersey
Balance Sheet $(000)
Total Assets 5,082,672 941,236
Total Net Loans 3,841,096 666,560
Total Deposits 4,104,514 782,459
Total Equity 630,262 105,130
Profitability
Net Income 43,087 8,451
Return on Average Assets .934 .672
Return on Average Equity 8.473 6.44
Net Interest Margin 3.479 3.432
Efficiency Ratio 58.582 74.417
Noninterest Income/Revenue 11.292 18.002
Balance Sheet Ratios
Loan-to-Deposit 93.582 86.355
Securities/Assets .147 .113
Total Equity/Total Assets .124 .112
Tangible Equity/Tangible Assets .097 .102
Capital Adequacy
Tier 1 Common Capital 496,737 95,604
Tier 1 Capital 496,737 95,771
Tier 2 Capital 33,721 8,179
Total Capital 530,458 103,980
Total Risk Weighted Assets 4,069,517 734,206
Leverage Ratio 10.21 9.818
Common Equity Tier 1 Capital Ratio 12.21 13.154
Tier 1 Capital Ratio 12.21 13.207
Total Capital Ratio 13.03 14.399

Timeline for Lakeland Bank

Harmony Bank

Acquisition: Lakeland Bank acquired a new subsidiary, Harmony Bank, 7 years

View Profile Jul 01 2016

Pascack Community Bank

Acquisition: Lakeland Bank acquired a new subsidiary, Pascack Community Bank, 8 years

View Profile Jan 08 2016

Somerset Hills Bank

Acquisition: Lakeland Bank acquired a new subsidiary, Somerset Hills Bank, 10 years

View Profile Jun 01 2013

Sullivan Financial Services, Inc.

Sullivan Financial Services, Inc. became a new subsidiary organization for Lakeland Bank.

View Profile Jun 01 2013

Lakeland Title Group, Llc

Lakeland Title Group, Llc became a new subsidiary organization for Lakeland Bank.

View Profile Jun 01 2013

Want to see more?

Complete timeline for Lakeland Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Harmony Bank Seller 313,742 Acquisition Discontinued 7/1/2016
Pascack Community Bank Seller 390,764 Acquisition Discontinued 1/8/2016
Somerset Hills Bank Seller 355,468 Acquisition Discontinued 6/1/2013
The Newton Trust Company Seller 374,669 Pooling of Interests Discontinued 11/5/2005
Community State Bank Seller 139,586 Acquisition Discontinued 8/25/2003
The National Bank Of Sussex County Seller 329,753 Acquisition Discontinued 6/30/2001
Metropolitan State Bank Seller 112,232 Pooling of Interests Discontinued 2/19/2000
Relationships Role Relationship Start Relationship End
Lakeland Bancorp, Inc. Parent 5/19/1989
Lakeland Nj Investment Corp. Subsidary 6/30/2007
Sullivan Financial Services, Inc. Subsidary 6/1/2013
Lakeland Wealth Management Services, Llc Subsidary 9/22/2016
Lakeland Title Group, Llc Subsidary 6/1/2013
Somerset Hills Investment Holdings, Inc. Subsidary 6/1/2013
Lakeland Wealth Management Services, Llc Subsidary 6/1/2013 9/21/2016
Somh Holdings, Llc Subsidary 6/1/2013 1/10/2014
Lakeland Investment Corp. Subsidary 6/30/2007 12/16/2010
Lakeland Nj Investment Corp. Subsidary 6/30/2001 6/29/2007
Lakeland Investment Corp. Subsidary 5/19/1989 6/29/2007
Newton Investment Corp. Subsidary 11/5/2005 12/30/2006
Nbsc Real Estate Company, Inc. Subsidary 6/30/2001 8/31/2001
Nbsc Properties, Inc. Subsidary 6/30/2001 8/31/2001
Nbsc Holdings, Inc. Subsidary 6/30/2001 8/31/2001
Route 206 Development Corp. Subsidary 6/30/2001 8/31/2001
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