Lakeland Bank, Financial Information

AboutLakeland Bank

 Address:
2717 Route 23 South
Newfoundland,NJ
Passaic County,New Jersey
 Established:
May 1969
 Number of domestic offices:
52
Total assets$7,663M
Net income$63M
Net income,quarterly$20M
Total deposits$6,485M
Domestic deposits$6,485M
Equity capital$842M
ROA0.86%
ROAQ,quarterly1.04%
ROA,pretax1.04%
ROAQ,quarterly,pretax1.35%
ROE7.64%
ROEQ,quarterly9.41%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.