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Regulatory Matters (Tables)
12 Months Ended
Dec. 31, 2019
Banking and Thrift [Abstract]  
Summary of Capital Ratios
As of December 31, 2019 and 2018, the Company and Lakeland have the following capital ratios based on the then current regulations:
(dollars in thousands)
 
Actual
 
For Capital
Adequacy Purposes with Capital Conservation Buffer
 
To Be Well Capitalized
Under Prompt Corrective
Action Provisions
December 31, 2019
 
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
 
 
 
Total capital (to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company
 
$
721,741

 
13.40
%
 
> 
 
$
565,504

 
> 10.50%

 
 
 
N/A

 
N/A
Lakeland
 
681,689

 
12.67
%
 
 
 
564,981

 
10.50
%
 
> 
 
$
538,077

 
> 10.00%
Tier 1 capital (to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company
 
$
593,539

 
11.02
%
 
> 
 
$
457,789

 
> 8.50%

 
 
 
N/A

 
N/A
Lakeland
 
639,908

 
11.89
%
 
 
 
457,365

 
8.50
%
 
> 
 
$
430,462

 
> 8.00%
Common equity Tier 1 capital (to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company
 
$
563,539

 
10.46
%
 
> 
 
$
377,003

 
> 7.00%

 
 
 
N/A

 
N/A
Lakeland
 
639,908

 
11.89
%
 
 
 
376,654

 
7.00
%
 
> 
 
$
349,750

 
> 6.50%
Tier 1 capital (to average assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company
 
$
593,539

 
9.41
%
 
> 
 
$
252,234

 
> 4.00%

 
 
 
N/A

 
N/A
Lakeland
 
639,908

 
10.16
%
 
 
 
252,039

 
4.00
%
 
> 
 
$
315,048

 
> 5.00%
(dollars in thousands)
 
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
 
 
 
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%