Lakeland Bank is headquartered in Newfoundland and is the 5th largest bank in the state of New Jersey. It is also the 156th largest bank in the nation. It was established in 1969 and as of March of 2022, it had grown to 884 employees at 71 locations. Lakeland Bank has an A+ health rating.
Every single time i need to speak to a representative it is at least a 20 minute wait, and they lock my card for every little thing at least once a week. Even when they call me to confirm there is no fraud, my card stays locked and I have to call them back and wait 20 minutes to get through to them to get it unlocked. When they finally answer they tell me to wait another 10 minutes to use my card, and 20 minutes my card is still locked this is incredible. Been banking with them for about 5 years and it keeps getting worse.
|FDIC Certificate #||19953|
|Return on Assets - YTD||0.74%|
|Return on Equity - YTD||6.29%|
|Annual Interest Income||$76.0MM|
|Assets and Liabilities|
|Assets||Q1 2022vs Q1 2021||$10.28B$7.77B|
|Loans||Q1 2022vs Q1 2021||$7.07B$6.04B|
|Deposits||Q1 2022vs Q1 2021||$8.79B$6.67B|
|Equity Capital||Q1 2022vs Q1 2021||$1.23B$843.9MM|
|Loan Loss Allowance||Q1 2022vs Q1 2021||$67.1MM$67.3MM|
|Unbacked Noncurrent Loans||Q1 2022vs Q1 2021||$19.7MM$31.1MM|
|Real Estate Owned||Q1 2022vs Q1 2021||$0$0|
Rates for Lakeland Bank are currently being reviewed.