Lakeland bancorp, inc (LBAI)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss) Attributable to Parent

67,438

70,672

67,507

65,391

63,772

63,401

61,026

57,991

55,523

52,580

51,358

48,962

45,722

41,518

38,029

34,527

32,259

32,481

31,956

32,377

32,296

31,129

30,531

28,902

27,024

24,969

23,457

22,329

21,879

21,742

21,029

20,646

20,051

19,851

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization of premiums, discounts and deferred loan fees and costs

4,272

3,660

2,443

3,276

3,400

4,153

4,938

4,762

5,107

5,153

4,993

5,200

5,120

4,581

4,425

3,936

4,034

4,151

3,980

3,657

3,572

3,456

3,645

3,812

4,044

4,787

5,204

5,786

5,823

6,125

6,974

6,506

6,808

6,519

0

0

0

Depreciation and amortization

362

1,645

2,603

7,124

6,370

5,555

5,378

5,149

4,847

4,536

4,348

4,194

4,095

3,961

3,509

3,343

3,439

3,410

3,606

3,561

3,333

3,454

3,653

3,628

3,735

3,625

3,444

3,436

3,212

3,067

2,171

2,340

2,609

2,904

0

0

0

Amortization of intangible assets

1,161

1,200

1,035

889

741

594

617

579

616

654

691

788

762

734

631

528

471

415

427

440

452

464

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of operating lease right-of-use assets

2,601

2,592

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

10,845

2,130

1,635

2,145

3,637

4,413

5,040

5,821

6,156

6,090

5,247

5,183

4,366

4,223

3,848

2,417

2,147

1,942

3,531

4,393

5,246

5,865

5,963

6,648

7,649

9,343

10,780

12,251

13,534

14,907

16,208

16,916

18,445

18,816

0

0

0

Loans originated for sale

63,308

57,605

54,552

47,521

50,206

49,748

53,478

55,604

55,829

60,783

66,374

74,154

84,006

85,365

78,932

75,592

74,643

71,833

62,349

49,585

31,587

23,386

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of loans held for sale

62,514

59,748

55,996

50,517

52,173

50,420

55,393

56,302

58,280

63,905

69,596

81,767

86,370

86,859

79,197

74,274

76,927

72,873

63,387

47,703

30,744

24,573

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gains on sales of investment securities, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains on proceeds of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains on sales of securities

-

-

-

-

-

-

-

-

-

2,524

2,524

2,524

2,539

370

0

0

0

-

-

-

-

-

-

335

336

839

1,282

1,282

1,522

1,049

0

0

0

-

-

-

-

Change in market value of equity securities

-510

496

308

-163

-212

-583

0

0

-18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains on sales of loans held for sale

1,704

1,660

2,068

1,582

1,454

1,329

1,035

1,513

1,684

1,836

1,752

2,027

1,981

2,003

2,035

1,797

1,836

1,681

1,439

1,067

755

573

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gains on leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,026

0

0

0

Gains on other real estate and other repossessed assets

-22

-72

153

202

349

338

217

192

332

646

521

658

578

248

256

48

17

102

215

337

313

258

800

954

944

934

84

20

49

47

202

26

-123

-115

0

0

0

Losses on sales of premises and equipment

-426

-497

-1,044

-726

-646

-561

-15

166

471

838

850

672

316

-117

-117

-109

-57

6

0

0

0

-

-

-

-

60

0

0

0

-

-

-

-

-

-

-

-

Long-term debt prepayment penalty

0

-

-

-

0

-

-

-

-

2,828

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

2,696

2,545

2,317

2,230

2,127

2,425

2,273

2,218

2,149

2,325

2,387

2,358

2,315

1,899

1,840

1,800

1,792

1,605

1,528

1,664

1,709

1,390

1,347

1,092

958

895

856

819

753

746

712

679

650

627

0

0

0

Excess tax (deficiencies) benefits

55

-189

-188

-145

-151

-318

-318

-318

-312

-587

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in other assets

77,703

15,986

16,269

9,020

-2,477

-2,679

20,723

21,747

23,379

25,065

3,186

1,096

6,536

5,600

9,300

10,898

6,441

5,257

4,842

3,601

2,450

879

659

1,358

-7,092

-7,366

-8,813

-9,533

-2,142

-2,107

-650

-698

-281

-2,162

0

0

0

Increase in other liabilities

78,358

15,092

23,573

13,892

9,440

9,743

11,612

7,617

-500

3,705

-6,053

3,123

7,997

1,618

8,217

4,455

2,369

3,691

3,048

2,077

1,572

495

1,317

-349

-1,230

995

-614

-1,084

1,092

1,089

224

2,713

-857

379

0

0

0

NET CASH PROVIDED BY OPERATING ACTIVITIES

91,285

87,131

74,621

75,474

79,797

79,438

86,679

78,297

67,623

67,466

59,738

72,003

62,341

50,073

47,123

35,778

39,597

40,766

42,573

41,149

43,391

45,629

44,643

43,801

49,910

50,728

51,375

50,819

46,700

48,591

47,899

49,616

47,017

49,930

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash acquired in acquisitions

0

13,454

13,454

13,454

13,454

0

0

0

0

-

-

-

-

68,751

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from repayments and maturities of available for sale securities

175,190

147,130

125,726

113,312

112,979

91,833

90,702

90,614

91,629

91,314

89,366

83,068

77,583

79,425

74,751

73,505

74,514

71,368

69,634

69,018

63,698

55,810

56,570

56,813

61,592

70,779

85,716

93,239

101,549

117,130

133,496

140,532

150,781

161,241

0

0

0

Proceeds from repayments and maturities of held to maturity securities

35,380

31,457

30,184

25,698

24,416

26,083

28,102

38,314

44,895

43,218

37,397

33,889

23,511

28,421

0

0

0

-

-

-

19,010

22,508

0

0

0

-

-

-

-

-

-

-

-

20,057

0

0

0

Proceeds from sales of equity securities

200

1,300

1,155

1,655

3,255

2,155

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales proceeds

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of available for sale securities

388,480

211,503

190,707

133,928

121,866

110,370

95,333

59,334

59,372

140,258

270,864

296,880

323,493

244,861

125,988

100,368

88,041

92,904

80,139

127,738

116,377

90,630

108,622

97,652

141,172

187,452

191,111

180,523

160,408

144,652

162,652

225,377

238,517

234,230

0

0

0

Proceeds from Sale of Available-for-sale Securities

-

-

-

-

-

-

-

-

-

-

-

-

4,499

15,654

0

0

0

-

-

-

-

-

-

-

-

64,020

97,776

97,776

134,954

97,824

0

0

0

-

-

-

-

Proceeds from sales of held to maturity securities:

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

Purchase of held to maturity securities

12,943

21,453

21,995

26,415

30,802

40,753

52,339

59,322

49,224

35,841

31,850

46,691

56,575

59,715

52,466

32,344

29,929

33,811

38,022

38,304

41,168

30,556

30,736

30,443

18,482

19,603

17,212

20,468

51,512

54,510

60,601

55,928

25,740

26,834

0

0

0

Payments to Acquire Equity Securities, FV-NI

2,348

1,343

360

322

339

570

0

0

633

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from redemptions of Federal Home Loan Bank stock

111,301

95,643

80,300

55,436

31,903

6,799

7,271

12,959

11,159

13,497

12,789

4,774

5,224

3,054

0

0

0

-

-

-

0

-

-

-

2,063

2,063

-377

-2,618

-2,036

-2,951

-459

885

465

-1,530

0

0

0

Purchases of Federal Home Loan Bank stock

122,925

103,080

83,081

61,076

35,199

7,524

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Death benefit proceeds from bank owned life insurance policy

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,186

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,433

0

0

0

Net increase in loans

404,949

252,441

167,308

222,818

275,515

310,256

245,453

232,304

259,225

289,914

305,755

349,670

354,589

334,040

368,885

382,015

361,156

315,067

244,002

152,075

192,791

191,910

192,061

172,177

100,190

91,201

133,004

127,547

111,567

120,870

89,392

122,605

116,977

64,403

0

0

0

Proceeds from sales of other real estate and repossessed assets

1,256

860

2,720

3,508

4,224

4,116

2,461

1,973

1,930

4,638

5,466

6,370

5,935

3,545

2,327

1,513

1,512

1,608

1,718

1,882

1,916

1,484

3,856

3,746

4,105

4,509

2,220

2,451

2,145

1,768

2,127

1,776

1,933

2,548

0

0

0

Proceeds from dispositions and sales of premises and equipment

874

1,827

2,463

2,491

1,650

697

61

376

789

1,638

1,644

1,272

860

21

0

0

0

-

-

-

-

-

-

-

-

463

0

0

0

-

-

-

-

-

-

-

-

Purchases of premises and equipment

5,748

5,936

5,790

5,370

5,962

5,523

5,801

5,394

4,516

3,972

3,196

3,653

3,810

3,977

4,703

4,433

4,868

4,838

3,574

3,489

2,862

2,492

2,704

2,296

2,667

2,786

3,415

4,986

7,768

8,978

8,878

7,627

4,340

3,425

0

0

0

NET CASH USED IN INVESTING ACTIVITIES

-518,408

-303,977

-213,120

-233,701

-277,009

-342,558

-275,977

-238,066

-266,229

-355,149

-503,189

-557,034

-592,078

-442,754

-355,076

-338,460

-292,692

-324,937

-249,949

-225,291

-257,561

-220,556

-228,471

-198,856

-86,141

-66,066

-61,301

-41,266

-68,777

-82,518

-102,672

-129,708

-99,130

-34,349

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in deposits

391,182

264,279

159,290

273,610

207,535

252,329

285,912

173,322

155,137

276,537

415,950

412,592

553,438

515,437

440,048

390,214

315,809

204,854

142,872

116,250

105,990

81,783

68,659

54,216

36,438

26,540

55,628

83,658

100,547

121,344

108,542

95,017

49,616

53,764

0

0

0

Increase in federal funds purchased and securities sold under agreements to repurchase

157,819

94,753

151,928

60,833

134,781

108,969

-86,562

79,383

41,635

68,582

104,260

-5,175

-43,991

-94,880

-101,656

-22,587

11,490

42,299

18,560

-10,262

1,399

26,944

2,271

39,884

21,637

-35,298

55,944

23,669

-2,138

45,158

1,406

2,707

50,071

20,008

0

0

0

Proceeds from other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

117,000

102,321

108,728

168,728

168,498

0

0

0

-

-

-

-

280,000

0

0

0

-

-

0

0

Repayments of other borrowings

81,676

89,353

113,405

115,105

88,885

70,752

81,126

297,125

302,125

377,183

375,555

167,856

162,856

91,798

0

0

0

-

-

-

-

85,000

81,000

81,000

26,000

16,000

20,000

120,000

210,000

350,000

435,000

340,000

250,000

180,000

0

0

0

Purchase of treasury stock

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of stock to Dividend Reinvestment and Stock Purchase Plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

150

168

186

164

152

127

160

151

130

114

185

0

0

0

Redemption of preferred stock and common stock warrant

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,800

21,800

21,800

21,800

20,000

0

0

0

Exercise of stock options

-

-

-

-

-

307

315

315

269

321

0

0

0

-

-

-

-

124

128

61

104

90

0

0

0

-

-

-

-

-

-

-

-

72

0

0

0

Retirement of restricted stock

601

715

658

635

590

763

759

744

761

773

773

773

801

206

206

210

185

254

254

298

278

104

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

59

59

64

63

70

185

170

180

142

13

23

13

4

-14

-14

-1

-3

0

0

0

Dividends paid

25,445

24,919

24,067

23,215

22,367

21,307

20,572

19,837

19,104

18,853

18,344

17,829

17,009

16,007

14,987

13,972

13,259

12,586

12,192

11,813

11,287

10,836

10,362

9,701

8,772

8,152

0

0

0

-

0

0

0

-

0

0

0

NET CASH PROVIDED BY FINANCING ACTIVITIES

486,400

290,618

240,221

262,314

290,536

328,786

166,617

116,899

181,235

254,815

451,017

517,830

466,524

449,989

380,165

317,999

333,509

293,348

203,349

182,743

199,770

181,522

165,740

184,613

86,770

10,514

52,129

23,136

32,322

68,914

92,566

85,145

76,972

7,699

0

0

0

Net increase in cash and cash equivalents

59,277

73,772

101,722

104,087

93,324

65,666

-22,681

-42,870

-17,371

-32,868

7,566

32,799

-63,213

57,308

72,212

15,317

80,414

9,177

-4,027

-1,399

-14,400

6,595

-18,088

29,558

50,539

-4,824

42,203

32,689

10,245

34,987

37,793

5,053

24,859

23,280

0

0

0

Supplemental schedule of non-cash investing and financing activities:
Cash paid during the period for income taxes

16,082

15,944

24,847

24,342

16,798

18,614

13,129

18,629

23,219

27,423

25,484

22,765

23,419

21,744

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid during the period for interest

59,921

59,949

59,463

51,644

44,964

38,679

31,670

29,414

24,620

24,571

23,127

20,244

19,533

16,435

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfer of loans into other repossessed assets and other real estate owned

170

665

756

1,653

3,198

3,765

3,829

2,552

2,280

3,763

4,196

5,531

5,275

3,386

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Initial recognition of operating lease right-of-use assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Initial recognition of operating lease liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash assets acquired:
Federal Home Loan Bank stock

0

1,767

1,767

1,767

1,767

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment securities

0

22,734

22,734

22,734

22,734

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans, including loans held for sale

0

426,118

426,118

426,118

426,118

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill and other intangible assets, net

0

23,125

23,125

23,125

23,125

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

0

9,304

9,304

9,304

9,304

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total non-cash assets acquired

0

483,048

483,048

483,048

483,048

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities assumed:
Deposits

0

409,638

409,638

409,638

409,638

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other borrowings

0

40,957

40,957

40,957

40,957

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

0

2,490

2,490

2,490

2,490

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities assumed

0

453,085

453,085

453,085

453,085

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock issued

0

43,417

43,417

43,417

43,417

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-