As of December 31, 2014 and 2013, the Company and Lakeland have the following capital ratios:

Actual

For capital
adequacy purposes

To be well capitalized
under prompt
corrective action
provisions

Amount

Ratio

Amount

Ratio

Amount

Ratio

(dollars in thousands)

As of December 31, 2014

Total capital (to risk-weighted assets)

Company

337,597

12.98

208,024

>8.00

N/A

Lakeland

314,047

12.10

207,714

8.00

259,642

>10.00

Tier 1 capital (to risk-weighted assets)

Company

305,814

11.76

104,012

>4.00

N/A

Lakeland

282,267

10.87

103,857

4.00

155,785

>6.00

Tier 1 capital (to average assets)

Company

305,814

9.08

134,760

>4.00

N/A

Lakeland

282,267

8.39

134,614

4.00

168,268

>5.00


	Actual					For capital adequacy purposes					To be well capitalized under prompt corrective action provisions
	Amount		Ratio			Amount		Ratio			Amount		Ratio
	(dollars in thousands)
As of December 31, 2013
Total capital (to risk-weighted assets)
Company	$	313,499		12.98	%	>$	193,166		>8.00	%		N/A		N/A
Lakeland		296,334		12.29			192,819		8.00		>$	241,023		>10.00	%
Tier 1 capital (to risk-weighted assets)
Company	$	283,307		11.73	%	>$	96,583		>4.00	%		N/A		N/A
Lakeland		266,195		11.04			96,409		4.00		>	144,614		>6.00	%
Tier 1 capital (to average assets)
Company	$	283,307		8.90	%	>$	127,281		>4.00	%		N/A		N/A
Lakeland		266,195		8.38			127,104		4.00		>	158,879		>5.00	%