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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          
Loans and fees  325.0237.0229.0233.5193.1172.3149.8115.3
Federal funds sold and interest-bearing deposits with banks  1.30.40.31.71.60.90.60.1
Taxable investment securities and other  35.417.217.819.716.715.011.210.6
Tax-exempt investment securities  5.92.61.61.51.72.01.81.6
    Total Interest Income  367.5257.3248.8256.5213.1190.2163.3127.5
   
Interest Expense          
Deposits  44.316.832.149.230.616.610.55.8
Federal funds purchased and securities sold under agreements to repurchase  3.70.10.61.50.50.20.10.1
Other borrowings  7.05.68.59.78.58.27.15.0
    Total Interest Expense  1,760.522.541.2530.539.625.017.610.9
    Net Interest Income  312.6234.8207.7196.0173.6165.2145.6116.6
Provision for credit losses  8.5-10.927.22.14.46.14.21.9
    Net Interest Income after Provision for Credit Losses  304.1245.7180.5193.9169.1159.1141.4114.7
   
Noninterest Income          
Service charges on deposit accounts  20.116.815.017.416.115.610.210.0
Commissions and fees  20.116.815.017.416.115.610.210.0
Income on bank owned life insurance  4.02.72.72.73.32.42.62.0
Gains on sales of loans held for sale  2.82.33.31.71.31.82.11.7
Swap income  1.60.64.73.22.01.0  
Other income  1.00.30.71.20.22.11.80.8
    Total Noninterest Income  57.545.027.126.845.225.421.321.2
   
Noninterest Expense          
Compensation and employee benefits  108.282.676.575.368.661.256.148.6
Premises and equipment  30.924.821.919.7    
FDIC insurance expense  2.72.32.10.41.61.62.22.1
Data processing expense  6.25.55.04.93.62.01.91.5
Merger-related expenses        4.11.2
Other expenses  31.623.827.423.210.710.510.29.0
    Total Noninterest Expense  188.2140.8132.8126.8111.2104.599.987.2
    Income before provision for income taxes  144.0127.374.893.980.3 62.848.6
Provision for income taxes  36.632.317.323.316.927.521.316.2
    Net Income  107.495.057.570.763.452.641.532.5
   
Per Share of Common Stock          
Basic earnings (in usd per share)  $1.64$1.85$1.13$1.39$1.32$1.10$0.96$0.85
Diluted earnings (in usd per share)  $1.63$1.85$1.13$1.38$1.32$1.09$0.95$0.85
   
Dividends (in usd per share)  $0.57$0.53$0.50$0.49$0.45$0.40$0.37$0.33

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