Borrowings	3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]
Borrowings	BORROWINGS At March 31, 2019, the Company had federal funds purchased and securities sold under agreements to repurchase of $220.0 million and $41.3 million, respectively, compared to federal funds purchased and securities sold under agreements to repurchase of $192.1 million and $41.8 million, respectively, at December 31, 2018. The securities sold under agreements to repurchase are overnight sweep arrangement accounts with our customers. As of March 31, 2019, the Company had $56.2 million in mortgage backed securities pledged for its securities sold under agreements to repurchase. At times the market values of securities collateralizing our securities sold under agreements to repurchase may decline due to changes in interest rates and may necessitate our lenders to issue a “margin call” which requires Lakeland to pledge additional collateral to meet that margin call.

Borrowings

3 Months Ended

Mar. 31, 2019

BORROWINGS

At March 31, 2019, the Company had federal funds purchased and securities sold under agreements to repurchase of $220.0 million and $41.3 million, respectively, compared to federal funds purchased and securities sold under agreements to repurchase of $192.1 million and $41.8 million, respectively, at December 31, 2018. The securities sold under agreements to repurchase are overnight sweep arrangement accounts with our customers. As of March 31, 2019, the Company had $56.2 million in mortgage backed securities pledged for its securities sold under agreements to repurchase.

At times the market values of securities collateralizing our securities sold under agreements to repurchase may decline due to changes in interest rates and may necessitate our lenders to issue a “margin call” which requires Lakeland to pledge additional collateral to meet that margin call.