Lakeland Bank Mortgage Rates, Fees & Info

Newfoundland, NJ

LEI: 549300ZJ3ZL66QGSGO48

Tax ID: 22-1867508

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Lakeland Bank is a smaller bank specializing in Refi and Home Purchase loans. Lakeland Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: New York, Philadelphia, Poughkeepsie, Vineland, and Allentown among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Lakeland Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Lakeland Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 4.22% 12/16/24
    30 Year Conventional Purchase 5.62% 12/16/24
    30 Year Conventional Refi 6.19% 12/16/24
    30 Year Cash-out Refi 6.54% 12/16/24
    30 Year FHA Purchase 7.33% 12/16/24
    30 Year FHA Refi 6.27% 12/16/24
    30 Year VA Purchase 7.09% 12/16/24
    15 Year Conventional Purchase 5.97% 12/16/24
    15 Year Conventional Refi 5.72% 12/16/24
    15 Year Cash-out Refi 5.72% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Lakeland Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Lakeland Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    1,443

    Origination Dollar Volume (All Markets)

    $502,055,000

    Employee count

    652

    Awards

    Lakeland Bank 30 Year Conventional Loans gold Lakeland Bank FHA Loans gold Lakeland Bank 30 Year Conventional Loans silver
    Show all (3) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1,375 $451,645,000 $328,469 $2,630 3.66%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 9 $27,495,000 $3,055,000 $2,720 3.66%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 20 $8,160,000 $408,000 $2,798 4.13%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $5,205,000 $5,205,000 $0 4.63%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 20 $2,180,000 $109,000 $1,852 3.48%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $1,805,000 $1,805,000 $0 4.80%
    OCEAN CITY, NJ (FHA|USDA|VA) 3 $825,000 $275,000 $2,195 3.99%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 3 $725,000 $241,667 $0 2.99%
    Outside of Metro Areas 2 $710,000 $355,000 $0 4.00%
    PITTSFIELD, MA (FHA|USDA|VA) 1 $705,000 $705,000 $0 4.75%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $625,000 $625,000 $6,185 4.00%
    Key West, FL (FHA|USDA|VA) 1 $625,000 $625,000 $5,796 4.25%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $425,000 $425,000 $5,304 3.25%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $330,000 $165,000 $2,558 4.19%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $285,000 $285,000 $3,679 4.50%
    Oneonta, NY (FHA|USDA|VA) 1 $235,000 $235,000 $4,199 4.75%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $75,000 $75,000 $2,928 4.50%
    Lakeland Bank's top markets include New York, Philadelphia, Poughkeepsie, Vineland, and Allentown among others.

    Their top states include:
  • New Jersey (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Lakeland Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    The Neffs National Bank
    Similarity Rank: 30
    Penn Community Bank
    Similarity Rank: 36
    N C P D Federal Credit Union
    Similarity Rank: 55
    Bogota Savings Bank
    Similarity Rank: 63
    Union County Savings Bank
    Similarity Rank: 66
    GARDEN SAVINGS FEDERAL CREDIT UNION
    Similarity Rank: 80
    Freehold Savings Bank
    Similarity Rank: 120
    The Atlantic Federal Credit Union
    Similarity Rank: 120
    Blue Foundry Bank
    Similarity Rank: 125
    Investors Home Mortgage-IHM
    Similarity Rank: 156

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 886 $142,110,000 $160,395 n/a 3.09%
    Conventional 537 $355,115,000 $661,294 $2,359 4.58%
    FHA 20 $4,830,000 $241,500 $8,616 4.65%

    For 2018, Lakeland Bank's most frequently originated type of loan was HELOC, with 886 originations. Their 2nd most popular type was Conventional, with 537 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 596 $194,770,000 $326,795 $1,554 3.48%
    Home Improvement 339 $69,325,000 $204,499 $78 3.47%
    Home Purchase 299 $205,775,000 $688,211 $4,316 4.29%
    Other 164 $19,100,000 $116,463 $625 3.37%
    Cash Out Refi 45 $13,085,000 $290,778 $3,890 4.53%

    For 2018, Lakeland Bank's most frequently cited loan purpose was Refi, with 596 originations. The 2nd most popular reason was Home Improvement, with 339 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 684 $127,690,000 $186,681 $4,276 3.55%
    Other 481 $217,055,000 $451,258 $0 3.29%
    10 Year 102 $103,700,000 $1,016,667 $150 4.57%
    15 Year 68 $16,660,000 $245,000 $2,017 4.23%
    20 Year 49 $11,535,000 $235,408 $442 4.79%
    5 Year 31 $6,695,000 $215,968 $0 4.08%
    1 Year 27 $18,705,000 $692,778 $0 5.97%
    3 Year 1 $15,000 $15,000 $0 4.00%

    For 2018, Lakeland Bank's most frequently cited loan duration was 30 Year, with 684 originations. The 2nd most popular length was Other, with 481 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 367 $80,515,000 $219,387
    $1k-2k 42 $12,690,000 $302,143
    $2k-3k 11 $3,255,000 $295,909
    $3k-4k 8 $2,080,000 $260,000
    $4k-5k 4 $1,780,000 $445,000
    $5k+ 2 $780,000 $390,000

    Lakeland Bank's average total fees were $4,276, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 367 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 693 $112,505,000 $162,345
    4-5% 384 $194,240,000 $505,833
    3-4% 217 $76,615,000 $353,065
    5-6% 78 $107,170,000 $1,373,974
    <2.5% 57 $7,695,000 $135,000
    6-7% 11 $3,325,000 $302,273
    7-8% 3 $505,000 $168,333

    During 2018, Lakeland Bank's average interest rate for loans was 3.55%, while their most frequently originated rate bucket for loans was 2.5-3%, with 693 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 506 $27,800,000 $54,941 $378 3.44%
    $100k-200k 392 $54,880,000 $140,000 $2,354 3.50%
    $200k-400k 321 $87,665,000 $273,100 $3,937 3.84%
    $400k-600k 114 $53,550,000 $469,737 $4,875 3.92%
    $1MM+ 57 $239,325,000 $4,198,684 $7,080 4.79%
    $600k-1MM 53 $38,835,000 $732,736 $5,271 4.28%

    2018 saw Lakeland Bank place emphasis on $100,000 or less loans with 506 originations, totaling $27,800,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 341 $47,555,000 $139,457 $2,203 3.53%
    $150k-250k 338 $63,690,000 $188,432 $2,298 3.39%
    $250k+ 213 $81,985,000 $384,906 $4,291 3.39%
    $75k-100k 178 $23,270,000 $130,730 $2,877 3.68%
    $50k-75k 151 $17,655,000 $116,921 $2,571 3.70%
    $50k or less 67 $5,345,000 $79,776 $2,247 3.75%

    Lakeland Bank lent most frequently to those with incomes in the $100k-150k range, with 341 originations. The second most popular income band? $150k-250k, with 338 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 288 $51,790,000 $179,826 $2,295 3.51%
    30-36% 259 $39,865,000 $153,919 $2,212 3.52%
    44% 135 $25,995,000 $192,556 $3,278 3.25%
    <20% 105 $18,655,000 $177,667 $1,732 3.43%
    42% 96 $17,500,000 $182,292 $2,570 3.71%
    41% 71 $12,575,000 $177,113 $2,971 3.49%
    39% 56 $14,180,000 $253,214 $3,138 3.66%
    43% 51 $8,375,000 $164,216 $2,344 3.30%
    37% 49 $11,155,000 $227,653 $2,926 3.26%
    40% 47 $9,535,000 $202,872 $3,053 3.44%
    38% 45 $9,025,000 $200,556 $2,092 3.65%
    36% 42 $7,700,000 $183,333 $2,256 3.62%
    45% 28 $3,920,000 $140,000 $4,292 3.40%
    48% 13 $3,675,000 $282,692 $4,013 4.43%
    49% 10 $2,240,000 $224,000 $4,925 4.42%
    46% 7 $1,295,000 $185,000 $3,829 3.84%
    50-60% 7 $3,175,000 $453,571 $10,911 3.92%
    47% 4 $650,000 $162,500 $2,895 4.56%
    >60% 3 $725,000 $241,667 $3,555 4.54%

    Lakeland Bank lent most frequently to those with DTI ratios of 20-30%, with 288 originations. The next most common DTI ratio? 30-36%, with 259 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 121 $257,495,000 $2,128,058 $0 5.25%
    White 1,189 $216,495,000 $182,082 $2,636 3.55%
    Not provided 96 $19,440,000 $202,500 $2,086 3.28%
    Asian 22 $4,210,000 $191,364 $3,626 3.40%
    Asian Indian 2 $1,760,000 $880,000 $0 2.99%
    Black 8 $1,710,000 $213,750 $8,197 3.24%
    Other Pacific Islander 1 $505,000 $505,000 $0 2.99%
    Chinese 2 $260,000 $130,000 $0 2.99%
    Filipino 1 $155,000 $155,000 $0 3.49%
    Other Asian 1 $25,000 $25,000 $0 3.74%

    Approval Rates

    Total approvals of all applications
    72.77%

    Lakeland Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    88.63%

    Lakeland Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,443 $502,055,000 $347,924

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $5,205,000 $5,205,000
    Multifamily:Site-Built 56 $218,130,000 $3,895,179
    Single Family (1-4 Units):Manufactured 1 $515,000 $515,000
    Single Family (1-4 Units):Site-Built 1,385 $278,205,000 $200,870

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 369 $74,935,000 $203,076 $1,261 3.40%
    40-60% 251 $165,165,000 $658,028 $2,624 3.82%
    60-80% 265 $177,765,000 $670,811 $3,843 4.10%
    80-100% 113 $39,975,000 $353,761 $4,706 4.27%
    Under 20% 445 $44,215,000 $99,360 $90 3.39%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Lakeland Bank 1 East Passaic Street Rochelle Park, NJ 7662 Full Service B&M $157,052
    Lakeland Bank 1 Woodland Commons Pompton Plains, NJ 7444 Full Service B&M $18,888
    Lakeland Bank 103 Ringwood Avenue Wanaque, NJ 7465 Full Service B&M $85,712
    Lakeland Bank 104 Route 37 East Toms River, NJ 8753 Full Service B&M $59,013
    Lakeland Bank 106 East Main Street Mendham, NJ 7945 Full Service B&M $70,167
    Lakeland Bank 11 Hampton House Road Newton, NJ 7860 Full Service B&M $99,614
    Lakeland Bank 1410 Route 23 North Butler, NJ 7405 Full Service B&M $95,793
    Lakeland Bank 143 Route 183 Stanhope, NJ 7874 Full Service B&M $54,136
    Lakeland Bank 151 South Street Morristown, NJ 7960 Full Service B&M $101,819
    Lakeland Bank 1527 Union Valley Road West Milford, NJ 7480 Full Service B&M $152,116
    Lakeland Bank 155 Morristown Road Bernardsville, NJ 7924 Full Service B&M $125,559
    Lakeland Bank 165 Kinderkamack Road Park Ridge, NJ 7656 Full Service B&M $54,998
    Lakeland Bank 166 Changebridge Road Montville, NJ 7045 Full Service B&M $223,295
    Lakeland Bank 21 Jefferson Avenue Westwood, NJ 7675 Full Service B&M $72,824
    Lakeland Bank 210 Broadway Hillsdale, NJ 7642 Full Service B&M $19,388
    Lakeland Bank 2120 West County Line Road Jackson, NJ 8527 Full Service B&M $124,004
    Lakeland Bank 231 Black Oak Ridge Road Wayne, NJ 7470 Full Service B&M $55,383
    Lakeland Bank 25 Main Street Hackensack, NJ 7601 Full Service B&M $161,318
    Lakeland Bank 25 Route 23 Franklin, NJ 7416 Full Service B&M $72,273
    Lakeland Bank 265 Main Street Madison, NJ 7940 Full Service B&M $54,145
    Lakeland Bank 2717 Route 23 South Newfoundland, NJ 7435 Full Service B&M $126,289
    Lakeland Bank 28 Main Street Bloomingdale, NJ 7403 Full Service B&M $79,889
    Lakeland Bank 3 Broad Street Branchville, NJ 7826 Full Service B&M $87,387
    Lakeland Bank 30 Park Place Newton, NJ 7860 Full Service B&M $111,693
    Lakeland Bank 321 W Main Street Boonton, NJ 7005 Full Service B&M $86,533
    Lakeland Bank 325 Garden Street Carlstadt, NJ 7072 Full Service B&M $32,749
    Lakeland Bank 350 North Main Street, Wharton Mall Wharton, NJ 7885 Full Service B&M $43,294
    Lakeland Bank 356 Franklin Avenue Nutley, NJ 7110 Full Service B&M $60,148
    Lakeland Bank 362 Route 206 Branchville, NJ 7826 Full Service B&M $59,025
    Lakeland Bank 37 Route 15 Lafayette, NJ 7848 Full Service B&M $43,053
    Lakeland Bank 395 Route 94 North Fredon Township, NJ 7860 Full Service B&M $46,140
    Lakeland Bank 417 Cedar Lane Teaneck, NJ 7666 Full Service B&M $84,642
    Lakeland Bank 42 N. Dean Street Englewood, NJ 7631 Full Service B&M $41,672
    Lakeland Bank 45 Skyline Drive Ringwood, NJ 7456 Full Service B&M $50,388
    Lakeland Bank 455 Route 23 North Wantage, NJ 7461 Full Service B&M $84,456
    Lakeland Bank 49-53 Bloomfield Avenue Caldwell, NJ 7006 Full Service B&M $62,771
    Lakeland Bank 500 River Avenue Lakewood, NJ 8701 Full Service B&M $131,911
    Lakeland Bank 510 Morris Avenue Summit, NJ 7901 Full Service B&M $46,472
    Lakeland Bank 529 Route 515 Vernon, NJ 7462 Full Service B&M $53,718
    Lakeland Bank 556 Route 32 Highland Mills, NY 10930 Full Service B&M $49,332
    Lakeland Bank 5729 Berkshire Valley Road Oak Ridge, NJ 7438 Full Service B&M $107,633
    Lakeland Bank 6 Carey Avenue Butler, NJ 7405 Full Service B&M $46,662
    Lakeland Bank 615 Us 206 Newton, NJ 7860 Full Service B&M $43,483
    Lakeland Bank 64 Crescent Avenue Waldwick, NJ 7463 Full Service B&M $54,933
    Lakeland Bank 652 Wyckoff Avenue Wyckoff, NJ 7481 Full Service B&M $158,876
    Lakeland Bank 7 Town Center Drive Sparta, NJ 7871 Full Service B&M $168,200
    Lakeland Bank 86-88 Main Street Little Falls, NJ 7424 Full Service B&M $305,944
    Lakeland Bank 892 Belmont Avenue North Haledon, NJ 7508 Full Service B&M $26,209
    Lakeland Bank 9 Polifly Road Hackensack, NJ 7601 Full Service B&M $40,814
    Lakeland Bank 901 Route 23 South Pompton Plains, NJ 7444 Full Service B&M $48,379
    Lakeland Bank 902 Main Street Stillwater Township, NJ 7875 Full Service B&M $67,303
    Lakeland Bank 995 Bloomfield Avenue West Caldwell, NJ 7006 Full Service B&M $66,721
    Lakeland Bank One Cedar Crest Village Drive Pompton Plains, NJ 7444 Full Service B&M $43,740
    Lakeland Bank Www.Lakelandbank.Com Oak Ridge, NJ 7438 Full Service Cyber Office $4,106

    For 2018, Lakeland Bank had 54 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $212,963
    Net interest income $178,542
    Total noninterest income $22,838
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $5,433
    Trading account gains and fees $0
    Additional Noninterest Income $17,405
    Pre-tax net operating income $86,305
    Securities gains (or losses, -) $-245
    Income before extraordinary items $68,043
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $68,043
    Minority interest net income $0
    Net income $68,043
    Sale, conversion, retirement of capital stock, net $2,424
    Net operating income $68,236

    Lakeland Bank's gross interest income from loans was $212,963,000.
    Lakeland Bank's net interest income from loans was $178,542,000.
    Lakeland Bank's fee based income from loans was $5,433,000.
    Lakeland Bank's net income from loans was $68,043,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $34,421
    Provision for credit losses $4,413
    Total noninterest expense $110,662
    Salaries and employee benefits $68,595
    Premises and equipment expense $18,451
    Additional noninterest expense $23,616
    Applicable income taxes $18,017
    Net charge-offs $2,180
    Cash dividends $30,589

    Lakeland Bank's interest expense for loans was $34,421,000.
    Lakeland Bank's payroll and benefits expense were $68,595,000.
    Lakeland Bank's property, plant and equipment expenses $18,451,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 1.0%
    Credit card loans 0.0%
    Other individual loans 1.0%
    Auto loans 0.0%
    Other consumer loans 2.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $4,645,679
    Deposits held in domestic offices $4,645,679
    Deposits by Individuals, partnerships, and corporations $3,498,232
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $1,144,014
    Deposits by Commercial banks and other depository institutions in U.S. $3,433
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $217,739
    Demand deposits $217,739
    Nontransaction accounts $4,427,940
    Money market deposit accounts (MMDAs) $3,184,615
    Other savings deposits (excluding MMDAs) $486,287
    Total time deposits $757,038
    Total time and savings deposits $4,427,940
    Noninterest-bearing deposits $983,907
    Interest-bearing deposits $3,661,772
    Retail deposits $4,401,395
    IRAs and Keogh plan accounts $90,139
    Brokered deposits $76,983
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $5,796,870
    Cash & Balances due from depository institutions $208,299
    Interest-bearing balances $165,437
    Total securities $804,442
    Federal funds sold & reverse repurchase $0
    Net loans and leases $4,420,157
    Loan and leases loss allowance $37,688
    Trading account assets $0
    Bank premises and fixed assets $49,175
    Other real estate owned $830
    Goodwill and other intangibles $138,206
    All other assets $175,761

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $5,796,870
    Total Liabilities $5,102,537
    Total deposits $4,645,679
    Interest-bearing deposits $3,661,772
    Deposits held in domestic offices $4,645,679
    % insured (estimated) $56
    Federal funds purchased and repurchase agreements $233,905
    Trading liabilities $0
    Other borrowed funds $181,118
    Subordinated debt $0
    All other liabilities $41,835

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $4,420,157
    Loan and leases loss allowance $37,688
    Total loans and leases (domestic) $4,457,845
    All real estate loans $4,021,013
    Real estate loans in domestic offices $4,021,013
    Construction and development loans $318,415
    Residential 1-4 family construction $86,528
    Other construction, all land development and other land $231,887
    Loans secured by nonfarm nonresidential properties $2,349,730
    Nonfarm nonresidential secured by owner-occupied properties $632,940
    Commercial real estate & other non-farm, non-residential $1,716,790
    Multifamily residential real estate $540,423
    1-4 family residential loans $807,875
    Farmland loans $4,570
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $325,207
    To non-U.S. addressees $0
    Loans to individuals $12,605
    Credit card loans $0
    Related Plans $917
    Consumer Auto Loans $4,762
    Other loans to individuals $6,926
    All other loans & leases $99,020
    Loans to foreign governments and official institutions $0
    Other loans $9,621
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $8,671
    Non 1-4 family restructured loans & leases $7,768
    Total loans and leases (foreign) $0

    Lakeland Bank had $4,420,157,000 of loans outstanding in 2018. $4,021,013,000 of loans were in real estate loans. $318,415,000 of loans were in development loans. $540,423,000 of loans were in multifamily mortgage loans. $807,875,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $4,762,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 1,297 $408,965 $315,316
    Nonfarm, nonresidential loans - <$100k 160 $7,843 $49,019
    Nonfarm, nonresidential loans - $100-250k 314 $42,024 $133,834
    Nonfarm, nonresidential loans - $250k-1MM 823 $359,098 $436,328
    Commercial & Industrial, US addressed loans - <$1MM 944 $97,154 $102,917
    Commercial & Industrial, US addressed loans - <$100k 591 $15,976 $27,032
    Commercial & Industrial, US addressed loans - $100-250k 174 $20,080 $115,402
    Commercial & Industrial, US addressed loans - $250k-1MM 179 $61,098 $341,330
    Farmland loans - <$1MM 4 $500 $125,000
    Farmland loans - <$100k 2 $115 $57,500
    Farmland loans - $100-250k 1 $127 $127,000
    Farmland loans - $250k-1MM 1 $258 $258,000