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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

LAKELAND BANCORP INC (LBAI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K/A10-K10-K
    Interest income:  
        Interest income on loans  1,095.3237.0229.0233.5193.1172.3149.8115.3
        Interest income on investments  41.219.819.521.218.417.013.012.2
        Interest income on repurchase agreements  1.30.40.31.71.60.90.60.1
       367.5257.3248.8256.5213.1190.2163.3127.5
    Interest expense:  
        Interest on deposits  44.316.832.149.230.616.610.55.8
       1,760.522.541.2530.539.625.017.610.9
Net interest income  312.6234.8207.7196.0173.6165.2145.6116.6
Provision for loan losses  8.5-10.927.22.14.46.14.21.9
Net interest income after provision for loan losses  304.1245.7180.5193.9169.1159.1141.4114.7
        Deposit and loan fees  20.116.815.017.416.115.610.210.0
        Gain on sale of investments, net  1.60.64.73.22.02.50.40.2
        Other non-interest income  35.827.67.46.127.17.310.810.9
Total non-interest income  57.545.027.126.845.225.421.321.2
Non-interest expenses  188.2140.8132.8126.8111.2104.599.987.2
Pre-tax income before non-recurring items  152.6129.174.897.180.8107.566.949.8
Non-recurring items  8.61.8 3.20.5 4.11.2
Pre-tax income  144.0127.374.893.980.3107.562.848.6
Income taxes  36.632.317.323.316.927.521.316.2
            Tax rate  25.4%25.4%23.1%24.8%21.0%25.5%33.9%33.2%
Net income  107.495.057.570.763.480.041.532.5
            Net margin  29.7%32.7%27.7%32.0%29.6%43.4%25.5%23.9%
   
Basic EPS  $1.66$1.88$1.14$1.40$1.33$1.69$0.97$0.86
Diluted EPS  $1.65$1.87$1.14$1.40$1.33$1.68$0.96$0.85
   
Shares outstanding (basic)  64.650.650.550.547.647.442.937.8
Shares outstanding (diluted)  64.950.950.750.647.847.743.138.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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