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Regulatory Matters (Tables)
12 Months Ended
Dec. 31, 2021
Regulatory Assets and Liabilities Disclosure [Abstract]  
Summary of Capital Ratios
As of December 31, 2021 and 2020, 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, 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%
(dollars in thousands)ActualFor Capital
Adequacy Purposes with Capital Conservation Buffer
To Be Well Capitalized Under
Prompt Corrective Action
Provisions
December 31, 2020AmountRatioAmountRatioAmountRatio
Total capital (to risk-weighted assets)
Company$783,107 12.84 %
> 
$640,632 
> 10.50%
 N/AN/A
Lakeland745,276 12.22 % 640,416 10.50 %
> 
$609,920 
> 10.00%
Tier 1 capital (to risk-weighted assets)
Company$623,644 10.22 %
>
$518,607 
> 8.50%
 N/AN/A
Lakeland672,832 11.03 % 518,432 8.50 %
>
$487,936 
> 8.00%
Common equity Tier 1 capital (to risk-weighted assets)
Company$593,644 9.73 %
>
$427,088 
> 7.00%
 N/AN/A
Lakeland672,832 11.03 % 426,944 7.00 %
>
$396,448 
> 6.50%
Tier 1 capital (to average assets)
Company$623,644 8.37 %
>
$298,096 
> 4.00%
 N/AN/A
Lakeland672,832 9.04 % 297,748 4.00 %
>
$372,185 
> 5.00%