Lakeland Bancorp, Inc. (LBAI): Lakeland Bancorp, Inc. is a bank holding...

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Tuesday, 04/17/2012 1:56:26 AM

Tuesday, April 17, 2012 1:56:26 AM

Lakeland Bancorp, Inc. is a bank holding company that operates through its wholly owned subsidiary, Lakeland State Bank (Lakeland or the Bank). The Bank offers a range of lending services, including commercial loans and leases, real estate and consumer loans to small and medium-sized businesses, professionals and individuals located in its markets. Through Lakeland, the Company operates 47 banking offices, located in Morris, Passaic, Sussex, Warren, Essex and Bergen counties in New Jersey. December 31, 2010, the Company had total consolidated assets of $2.8 billion, total consolidated deposits of $2.2 billion, total consolidated loans, net of the allowance for loan and lease losses, of $2 billion and total consolidated stockholders’ equity of $260.7 million.

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