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Lakeland Bancorp Inc. (LBAI)On Nov 27: 5.95   0.00 (0.00%)  
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Lakeland Bancorp Inc.
250 Oak Ridge Road
Oak Ridge, NJ 07438
United States - Map
Phone: 973-697-2000
Fax: 973-697-8385
Web Site: http://www.lakelandbank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:521

BUSINESS SUMMARY 
Lakeland Bancorp, Inc. operates as the holding company of Lakeland Bank, which provides various commercial and consumer banking products and services to individuals, and small to medium sized businesses primarily in northern New Jersey. The company’s depository products include checking accounts, savings accounts, demand deposits, time deposits, NOW accounts, money market accounts, and certificates of deposit. It also offers short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, mortgage loans, merchant credit card services, secured and unsecured loans, and consumer installment loans. In addition, the company provides collection, wire transfer, Internet banking, night depository services, and safe deposit services; cash management services, such as remote capture of deposits and overnight sweep repurchase agreements; and investment and advisory services. As of December 31, 2008, it operated 49 banking locations in Passaic, Morris, Sussex, Bergen, Essex, and Warren Counties, New Jersey. The company was founded in 1969 and is headquartered in Oak Ridge, New Jersey.
Key Statistics

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    CORPORATE GOVERNANCE 
    Lakeland Bancorp Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 18% of Russell 3000 companies and 30.2% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Thomas J. Shara Jr., 50
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Lakeland Bank, Pres of Lakeland Bank of Lakeland Bank
    $ 292.00K $ 0
    Mr. Joseph F. Hurley , 58
    Chief Financial Officer and Exec. VP
    $ 240.00K $ 0
    Mr. George H. Guptill Jr., 69
    Sec., Director, Chairman of Audit Committee of Lakeland Bank
    $ 52.00KN/A
    Mr. Robert A. Vandenbergh , 57
    Chief Operating Officer, Sr. Exec. VP, Chief Operating Officer of Lakeland Bank and Exec. VP of Lakeland Bank
    $ 268.00K $ 0
    Mr. Jeffrey J. Buonforte , 57
    Exec. VP of Gov. & Bus. Services
    $ 205.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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