LAKELAND BANCORP, INC LBAI Balance Sheet

Lakeland bancorp, inc (LBAI)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
ASSETS
Cash
272	275	249	223	205	205	170	139	123	114	178	169	141	169	182	146	188	113	117	118	112	102	122	125	128	94	130	102	88	100	95	61	79	60	44	42	26
Interest-bearing deposits due from banks
13	6	32	23	21	3	10	3	9	28	24	16	8	6	12	6	25	4	5	19	20	6	4	12	19	8	15	7	8	6	7	14	6	11	20	29	23
Total cash and cash equivalents
285	282	281	246	226	208	180	142	133	142	202	185	150	175	195	152	213	118	123	137	133	109	127	138	147	102	145	109	97	107	103	76	86	72	65	71	49
Investment securities available for sale, at fair value
813	755	720	664	659	638	613	606	623	628	647	673	687	606	480	460	441	442	424	461	473	457	444	415	429	431	418	397	370	393	419	416	446	463	448	444	487
Equity securities, at fair value
16	16	15	15	15	15	16	16	18	18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment securities held to maturity; fair value of $119,023 at March 31, 2020 and $124,904 at December 31, 2019
115	123	151	160	159	153	158	158	152	139	135	138	148	147	141	126	115	116	121	123	115	107	104	105	95	101	96	96	96	96	95	91	69	71	66	70	66
Federal Home Loan Bank and other membership bank stock, at cost
28	22	18	23	16	13	13	16	11	12	12	18	12	15	16	15	16	14	12	12	10	9	8	9	7	7	5	5	5	5	5	8	7	8	-	-	-
Loans held for sale
3	1	3	1	0	1	1	1	0	0	2	0	0	1	3	6	1	1	1	3	1	0	1	0	0	1	0	2	-	-	-	-	-	-	-	-	-
Leases held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1
Loans, net of deferred fees
5,328	5,137	4,923	4,922	4,921	4,456	4,328	4,277	4,223	4,152	4,089	4,050	3,971	3,870	3,791	3,451	3,366	2,965	2,851	2,754	2,689	2,653	2,611	2,608	2,503	2,469	2,427	2,446	2,170	2,146	2,064	2,088	2,073	2,041	1,992	1,984	2,013
Less: Allowance for loan losses
48	40	38	38	37	37	37	36	35	35	33	32	31	31	31	30	30	30	30	30	30	30	30	29	29	29	29	29	29	28	28	28	28	28	28	28	27
Net loans
5,279	5,097	4,884	4,883	4,883	4,419	4,290	4,240	4,188	4,117	4,055	4,017	3,939	3,839	3,759	3,420	3,335	2,934	2,820	2,724	2,659	2,623	2,581	2,578	2,473	2,439	2,397	2,419	2,141	2,117	2,036	2,060	2,044	2,013	1,964	1,956	1,987
Premises and equipment, net
47	47	47	50	51	49	50	50	50	50	49	50	51	52	52	49	49	35	35	35	35	35	36	36	36	37	37	37	32	33	33	32	29	27	27	27	27
Operating lease right-of-use assets
17	18	18	18	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest receivable
16	16	16	17	17	16	15	14	14	14	13	13	13	12	11	10	10	9	8	8	8	8	8	8	8	8	8	8	7	7	8	7	8	8	8	8	8
Goodwill
156	156	156	155	154	136	136	136	136	136	136	136	135	135	136	125	125	109	109	109	109	109	109	109	109	109	110	110	87	87	87	87	87	87	87	87	87
Other identifiable intangible assets
4	4	4	4	5	1	1	2	2	2	2	2	3	3	3	2	2	1	1	1	1	1	2	2	2	2	2	2	-	-	-	-	-	-	-	0	-
Bank owned life insurance
113	112	111	111	110	110	109	108	108	107	106	89	72	72	71	66	65	65	65	61	61	57	57	56	56	55	55	55	46	46	45	45	45	44	44	43	43
Other assets
115	54	63	53	45	42	40	38	38	35	34	35	32	30	31	31	25	20	17	18	15	16	16	17	18	19	20	18	23	23	25	27	28	28	29	31	35
TOTAL ASSETS
7,013	6,711	6,492	6,407	6,365	5,806	5,627	5,534	5,477	5,405	5,399	5,362	5,247	5,093	4,904	4,467	4,404	3,869	3,743	3,699	3,627	3,538	3,498	3,479	3,386	3,317	3,299	3,262	2,907	2,918	2,859	2,853	2,852	2,825	2,741	2,741	2,792
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES
Deposits:
Noninterest-bearing
1,129	1,124	1,101	1,089	1,071	950	996	967	974	967	955	978	924	927	931	824	774	693	694	714	672	646	674	649	630	600	623	600	521	498	485	474	476	449	424	409	383
Savings and interest-bearing transaction accounts
3,241	3,298	3,196	3,007	3,046	2,913	2,855	2,625	2,682	2,663	2,681	2,682	2,809	2,620	2,471	2,235	2,204	1,958	1,907	1,822	1,878	1,864	1,820	1,797	1,816	1,812	1,770	1,739	1,566	1,569	1,535	1,476	1,473	1,440	1,411	1,370	1,399
Time deposits $250 thousand and under
845	652	682	781	753	589	607	611	567	556	549	408	414	404	408	359	348	270	153	141	126	114	112	110	112	115	123	137	116	115	123	125	131	147	174	171	170
Time deposits over $250 thousand
238	218	230	204	193	167	183	195	223	180	170	158	144	140	130	117	134	72	164	165	164	165	168	169	177	180	190	194	184	188	196	201	206	211	222	230	241
Total deposits
5,455	5,293	5,210	5,082	5,064	4,620	4,642	4,400	4,447	4,368	4,356	4,227	4,293	4,092	3,941	3,537	3,462	2,995	2,919	2,842	2,842	2,790	2,776	2,726	2,736	2,709	2,708	2,672	2,388	2,370	2,341	2,277	2,288	2,249	2,232	2,182	2,195
Federal funds purchased and securities sold under agreements to repurchase
419	328	199	258	261	233	47	197	126	124	133	118	84	56	29	123	128	151	131	146	117	108	112	156	115	81	110	116	94	117	54	92	96	72	53	90	52
Other borrowings
140	165	165	175	175	181	184	196	176	192	196	312	173	260	293	294	310	271	244	262	222	202	179	174	119	119	75	75	75	85	95	145	135	155	110	130	195
Subordinated debentures
118	118	118	118	118	105	104	104	104	104	104	104	104	104	104	31	31	31	31	41	41	41	41	41	41	41	42	42	51	51	77	77	77	77	77	77	77
Operating lease liabilities
19	19	19	20	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
124	59	65	53	43	41	40	37	32	31	30	31	33	28	35	25	24	19	18	15	15	15	15	13	14	14	15	14	14	13	14	13	13	12	13	10	11
TOTAL LIABILITIES
6,276	5,985	5,779	5,708	5,683	5,182	5,019	4,936	4,889	4,822	4,822	4,794	4,690	4,543	4,405	4,012	3,957	3,469	3,345	3,308	3,239	3,158	3,126	3,111	3,027	2,966	2,951	2,921	2,624	2,637	2,582	2,606	2,610	2,566	2,486	2,490	2,531
Commitments and contingencies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	-
STOCKHOLDERS’ EQUITY
Preferred stock, Series A, no par value, $1,000 liquidation value, authorized 1,000,000 shares; issued 0 shares at December 31, 2012 and 19,000 at December 31, 2011
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	18	18	18	37
Common stock, no par value; authorized shares, 100,000,000; issued shares 50,592,673 and outstanding shares 50,461,638 at March 31, 2020 and issued and outstanding shares 50,498,410 at December 31, 2019
560	560	559	558	558	514	514	513	513	512	512	511	511	510	461	424	424	386	385	385	385	384	383	383	365	364	362	361	302	303	303	278	278	270	270	270	271
Retained earnings
168	162	150	137	126	116	106	95	85	72	63	54	46	38	30	23	17	13	7	3	-1	-6	-11	-16	-4	-8	-13	-17	-21	-24	-27	-31	-35	-26	-29	-32	-38
Treasury shares, at cost, 131,035 shares at March 31, 2020 and no shares at December 31, 2019
1	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1	2	3	3	3	5	5	6	8
Accumulated other comprehensive income
8	2	3	1	-3	-7	-13	-11	-9	-2	0	0	-0	0	6	6	5	1	3	2	4	1	-0	1	-1	-4	-1	-2	3	3	4	3	2	2	1	1	-1
TOTAL STOCKHOLDERS’ EQUITY
736	725	713	698	681	623	607	597	588	583	577	567	557	550	498	454	446	400	397	390	388	379	372	367	359	351	347	341	283	280	277	246	241	259	254	250	260
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
7,013	6,711	6,492	6,407	6,365	5,806	5,627	5,534	5,477	5,405	5,399	5,362	5,247	5,093	4,904	4,467	4,404	3,869	3,743	3,699	3,627	3,538	3,498	3,479	3,386	3,317	3,299	3,262	2,907	2,918	2,859	2,853	2,852	2,825	2,741	2,741	2,792