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Regulatory Matters (Tables)
12 Months Ended
Dec. 31, 2018
Banking and Thrift [Abstract]  
Summary of Capital Ratios
As of December 31, 2018 and 2017, the Company and Lakeland have the following capital ratios based on the then current regulations:
 
 
Actual
 
For Capital
Adequacy Purposes with Capital Conservation Buffer
 
To Be Well Capitalized
Under Prompt Corrective
Action Provisions
December 31, 2018
 
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
 
 
(dollars in thousands)
Total capital (to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company
 
$
637,377

 
13.71
%
 
> 
 
$
458,952

 
> 9.875%

 
 
 
N/A

 
N/A
Lakeland
 
605,560

 
13.06
%
 
 
 
$
457,912

 
9.875
%
 
> 
 
$
463,708

 
> 10.00%
Tier 1 capital (to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company
 
$
523,577

 
11.27
%
 
> 
 
$
366,000

 
> 7.875%

 
 
 
N/A

 
N/A
Lakeland
 
565,549

 
12.20
%
 
 
 
$
365,170

 
7.875
%
 
> 
 
$
370,967

 
> 8.00%
Common equity Tier 1 capital (to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company
 
$
493,577

 
10.62
%
 
> 
 
$
296,285

 
> 6.375%

 
 
 
N/A

 
N/A
Lakeland
 
565,549

 
12.20
%
 
 
 
$
295,614

 
6.375
%
 
> 
 
$
301,410

 
> 6.50%
Tier 1 capital (to average assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company
 
$
523,577

 
9.39
%
 
> 
 
$
222,982

 
> 4.00%

 
 
 
N/A

 
N/A
Lakeland
 
565,549

 
10.17
%
 
 
 
$
222,539

 
4.00
%
 
> 
 
$
278,173

 
> 5.00%
 
 
Actual
 
For Capital
Adequacy Purposes with Capital Conservation Buffer
 
To Be Well Capitalized Under
Prompt Corrective Action
Provisions
December 31, 2017
 
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
 
 
(dollars in thousands)
Total capital (to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company
 
$
589,047

 
13.40
%
 
> 
 
$
406,477

 
> 9.25%

 
 
 
N/A

 
N/A
Lakeland
 
563,910

 
12.86
%
 
 
 
$
405,552

 
9.25
%
 
> 
 
$
438,435

 
> 10.00%
Tier 1 capital (to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company
 
$
477,453

 
10.87
%
 
> 
 
$
318,590

 
> 7.25%

 
 
 
N/A

 
N/A
Lakeland
 
525,979

 
12.00
%
 
 
 
$
317,865

 
7.25
%
 
> 
 
$
350,748

 
> 8.00%
Common equity Tier 1 capital (to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company
 
$
447,453

 
10.18
%
 
> 
 
$
252,675

 
> 5.75%

 
 
 
N/A

 
N/A
Lakeland
 
525,979

 
12.00
%
 
 
 
$
252,100

 
5.75
%
 
> 
 
$
284,983

 
> 6.50%
Tier 1 capital (to average assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company
 
$
477,453

 
9.12
%
 
> 
 
$
209,431

 
> 4.00%

 
 
 
N/A

 
N/A
Lakeland
 
525,979

 
10.06
%
 
 
 
$
209,239

 
4.00
%
 
> 
 
$
261,548

 
> 5.00%