Website: N/A
Stock Symbol: NASDAQ: LBAI
Market Value: N/A (in millions)
Lakeland Bancorp, Inc. (the “Company”) is a bank holding company headquartered
in Oak Ridge, New Jersey. The Company was organized in March of 1989 and
commenced operations on May 19, 1989, upon the consummation of the acquisition
of all of the outstanding stock of Lakeland Bank, formerly named Lakeland State
Bank (“Lakeland”). Through Lakeland, the Company operates 49 banking offices,
located in Morris, Passaic, Sussex, Warren, Essex and Bergen counties in New
Jersey. Lakeland offers a full 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.
The Company has grown substantially over the last several years, through a
combination of organic growth and acquisitions. Lakeland has opened ten new
branches since January 1, 2001.
The Company also has grown through acquisitions.