LAKELAND BANCORP INCLBAI

Market cap
$873.43M
P/E ratio
10.3x
Dec 31,
2011
Dec 31,
2012
Dec 31,
2013
Dec 31,
2014
Dec 31,
2015
Dec 31,
2016
Dec 31,
2017
Dec 31,
2018
Dec 31,
2019
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Net income202225313242536371589510785
Amortization of debt discount (premium) including deferred loans fees and costs---345544-1-465
Depreciation and amortization3343345624555
Amortization of intangible assets1-00011111122
Amortization of operating lease right-of-use assets-----------95
Provision (benefit) for credit losses---------27-11913
Stock-based compensation1111222233465
Loans originated for sale----7285615058113575751
Proceeds from Sale, Loan, Held-for-Sale--37257387645060117596653
Gains on investment securities transactions, net---------10--
Gains on sales of loans held for sale-----22123232
Income on bank owned life insurance----0100--333
Bank Owned Life Insurance, Gain On Death Benefit------------1-0
Change in fair value of equity securities--------10-1-0-10
Gains on other real estate and other repossessed assets-0100010-00000
Loss on sale of premises and equipment00000-01-1-0-0-0-1-0
Loss on property held for sale-----------0-
Loss on property held for sale-------------0
Long-term debt prepayment penalty------3--4---
Loss on property held for sale-----------0-
Long-term debt extinguishment costs--1-2------1--
Deferred tax (benefit) expense-----1-117-143-753-1
Excess tax benefits (deficiencies)-----------00
Decrease (increase) in other assets-2-2-715625-31657-3769-6
(Decrease) increase in other liabilities0110424101550-3742-6
Net Cash Provided by Operating Activities5049-----79878595125116
Cash Acquired from Acquisition--74--69--13--326-
Proceeds from repayments and maturities of available for sale securities---5671799192147700182136113
Proceeds from repayments and maturities of held to maturity securities-----28432631396713794
Proceeds from sales of available for sale securities---------1314--
Proceeds from sales of available for sale securities---------1314--
Purchase of available for sale securities--------212921612313-
Purchase of available for sale securities--------212921612313-
Purchase of held to maturity securities275520313460364121631011712
Purchase of held to maturity securities275520313460364121631011712
Purchase of equity securities----------310
Purchase of equity securities----------310
Proceeds from Sale of Federal Home Loan Bank Stock-----3137961071478225
Proceeds from Sale of Federal Home Loan Bank Stock-----3137961071478225
Purchases of Federal Home Loan Bank stock-----01181039611111235
Purchases of Federal Home Loan Bank stock-----01181039611111235
Proceeds from Life Insurance Policy----12010-021
Proceeds from Life Insurance Policy----12010-021
Net (increase) decrease in loans-----------36783473
Net (increase) decrease in loans-----------36783473
Proceeds from Sale, Loan, Held-for-Investment----------22--
Proceeds from Sale, Loan, Held-for-Investment----------22--
Proceeds from Sale of Property, Plant, and Equipment01001021200--
Proceeds from Sale of Property, Plant, and Equipment01001021200--
Purchases of premises and equipment3932544668565
Purchases of premises and equipment3932544668565
Proceeds from Sale of Foreclosed Assets3251245411002
Proceeds from Sale of Foreclosed Assets3251245411002
Net Cash Used in Investing Activities:-34-83------343-304-928-615-652-291
Net Cash Used in Investing Activities:-34-83------343-304-928-615-652-291
Increase (Decrease) in Deposits5412127822055152772522641,162510-4814
(Decrease) increase in federal funds purchased and securities sold under agreements to repurchase2045-352742-956910995-159-63622-15
Proceeds from Other Debt----11715306604625--300
Repayments of other borrowings85350168550923777189170---
Proceeds from issuance of subordinated debt, net-----74----148--
Purchase of treasury stock---------1---
Redemption of subordinated debentures, net-259-8-----88--
Proceeds from issuance of subordinated debt, net-----74----148--
Exercise of stock options0-2000000-0--
Redemption of subordinated debentures, net-259-8-----88--
Retirement of restricted stock--------11122
Exercise of stock options0-2000000-0--
Dividends paid----131619212525273738
Retirement of restricted stock--------11122
Net Cash Provided by Financing Activities:869-----329291831479535260
Dividends paid----131619212525273738
Net Cash Provided by Financing Activities:869-----329291831479535260
Net increase (decrease) in cash and cash equivalents--------74-12-42785
Income Taxes Paid----172227191622293729
Cash paid during the period for interest----------2352199
Transfer of debt securities to held to maturity at fair value----------494--
Transfer of loans to loans held for sale----------22--
Transfer of loans into other real estate owned---------0---
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability--------21111
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability--------21111
Federal Home Loan Bank stock--------2--1-
Investment securities available for sale-----------218-
Investment securities held to maturity--------23--124-
Loans held for sale-----------5-
Loans-----------1,095-
Fixed assets-----------14-
Operating lease right-of-use assets, net-----------13-
Goodwill and other intangible assets, net--------23--125-
Bank owned life insurance-----------38-
Other assets--------9--9-
Total non-cash assets acquired--------483--1,641-
Federal Home Loan Bank stock--------2--1-
Investment securities available for sale-----------218-
Investment securities held to maturity--------23--124-
Loans held for sale-----------5-
Loans-----------1,095-
Fixed assets-----------14-
Operating lease right-of-use assets, net-----------13-
Goodwill and other intangible assets, net--------23--125-
Bank owned life insurance-----------38-
Other assets--------9--9-
Total non-cash assets acquired--------483--1,641-
Deposits--------410--1,651-
Subordinated debt-----------15-
Operating lease liabilities-----------13-
Other liabilities--------2--3-
Total liabilities assumed--------453--1,682-
Deposits--------410--1,651-
Subordinated debt-----------15-
Operating lease liabilities-----------13-
Other liabilities--------2--3-
Total liabilities assumed--------453--1,682-
Stock Issued--------43--286-
Stock Issued--------43--286-