Lakeland Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Lakeland Bancorp has total assets of $11.0B and total equity of $1.2B. Total deposits are $8.5B, and total loans are $8.2B. It earns a Net Interest Margin of 2.8%. It has sufficient allowance for bad loans, which are currently at 0.2% of total loans. Cash and short-term investments are $305.4M.
Key information
9.3x
Asset to equity ratio
2.8%
Net interest margin
| Total deposits | US$8.50b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.2% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$305.36m |
Recent financial health updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: LKL's Assets to Equity ratio (9.3x) is low.
Allowance for Bad Loans: LKL has a sufficient allowance for bad loans (517%).
Low Risk Liabilities: 87% of LKL's liabilities are made up of primarily low risk sources of funding.
Loan Level: LKL has an appropriate level of Loans to Assets ratio (75%).
Low Risk Deposits: LKL's Loans to Deposits ratio (97%) is appropriate.
Level of Bad Loans: LKL has an appropriate level of bad loans (0.2%).