XML 63 R49.htm IDEA: XBRL DOCUMENT v3.22.4
Regulatory Matters (Tables)
 12 Months Ended
Dec. 31, 2022
Regulatory Assets and Liabilities Disclosure [Abstract]  
Summary of Capital Ratios
As of December 31, 2022 and 2021, the Company and Lakeland have the following capital ratios based on the then current regulations.
(dollars in thousands)ActualFor Capital
Adequacy Purposes with Capital Conservation Buffer		To Be Well Capitalized
Under Prompt Corrective
Action Provisions
December 31, 2022AmountRatioAmountRatioAmountRatio
Total capital (to risk-weighted assets)
Company$1,167,429 13.83 %
> 
$886,420 
> 
10.50 % N/AN/A
Lakeland1,109,089 13.15 % 885,667 10.50 %
> 
$843,492 
> 
10.00 %
Tier 1 capital (to risk-weighted assets)
Company$948,970 11.24 %
>
$717,578 
>
8.50 % N/AN/A
Lakeland1,038,661 12.31 % 716,968 8.50 %
>
$674,794 
>
8.00 %
Common equity Tier 1 capital (to risk-weighted assets)
Company$904,532 10.71 %
>
$590,946 
>
7.00 % N/AN/A
Lakeland1,038,661 12.31 % 590,444 7.00 %
>
$548,270 
>
6.50 %
Tier 1 capital (to average assets)
Company$948,970 9.16 %
>
$414,485 
>
4.00 % N/AN/A
Lakeland1,038,661 10.03 % 414,212 4.00 %
>
$517,765 
>
5.00 %
(dollars in thousands)ActualFor Capital
Adequacy Purposes with Capital Conservation Buffer		To Be Well Capitalized Under
Prompt Corrective Action
Provisions
December 31, 2021AmountRatioAmountRatioAmountRatio
Total capital (to risk-weighted assets)
Company$903,415 14.48 %
> 
$654,978 
> 
10.50 % N/AN/A
Lakeland852,339 13.67 % 654,692 10.50 %
> 
$623,516 
> 
10.00 %
Tier 1 capital (to risk-weighted assets)
Company$695,634 11.15 %
>
$530,220 
>
8.50 % N/AN/A
Lakeland792,363 12.71 % 529,989 8.50 %
>
$498,813 
>
8.00 %
Common equity Tier 1 capital (to risk-weighted assets)
Company$665,634 10.67 %
>
$436,652 
>
7.00 % N/AN/A
Lakeland792,363 12.71 % 436,461 7.00 %
>
$405,285 
>
6.50 %
Tier 1 capital (to average assets)
Company$695,634 8.51 %
>
$326,813 
>
4.00 % N/AN/A
Lakeland792,363 9.70 % 326,734 4.00 %
>
$408,418 
>
5.00 %