LBAI - Lakeland Bancorp, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Lakeland Bancorp, Inc.

250 Oak Ridge Road
Oak Ridge, NJ 07438
United States
973-697-2000
http://www.lakelandbank.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees652

Key Executives

NameTitlePayExercisedYear Born
Mr. Thomas J. Shara Jr.Pres, CEO & Director1.21MN/A1958
Mr. Thomas F. Splaine Jr.Exec. VP & CFO485.08kN/A1966
Mr. Ronald E. SchwarzSr. EVP & COO542.16kN/A1955
Mr. Timothy J. MattesonExec. VP, Chief Admin. Officer, Gen. Counsel & Corp. Sec.436.58kN/A1969
Mr. John F. Rath IIIExec. VP & Chief Lending Officer417.83kN/A1959
Amounts are as of December 31, 2018 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. Currency in USD.

Description

Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that provides various banking products and services for individuals and small to medium sized businesses. It offers commercial banking services, including savings, money market, and time accounts, as well as demand deposits; lending solutions, such as short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, mortgage loans, small business administration loans, commercial real estate loans, commercial and industrial loans, and equipment financing, as well as merchant credit card services; and Internet banking, mobile banking, wire transfer, night depository, and cash management services. The company also provides consumer banking services, including checking accounts, savings accounts, money market accounts, certificates of deposit, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services, as well as Internet banking services. In addition, it offers investment and advisory services; and non-deposit products, which include securities brokerage services, including mutual funds and variable annuities. As of January 28, 2019, the company operated 54 branch offices throughout Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, and Union counties in New Jersey; 6 New Jersey regional commercial lending centers in Bernardsville, Jackson, Montville, Newton, Teaneck, and Waldwick; 1 commercial lending center in New York to serve the Hudson Valley region; and 1 commercial loan production office serving Middlesex and Monmouth counties in New Jersey. Lakeland Bancorp, Inc. was founded in 1989 and is headquartered in Oak Ridge, New Jersey.

Corporate Governance

Lakeland Bancorp, Inc.’s ISS Governance QualityScore as of June 25, 2019 is 4. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 6; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.