Attached files
| file | filename |
|---|---|
| EX-32.1 - EX-32.1 - LAKELAND BANCORP INC | d295650dex321.htm |
| EX-31.2 - EX-31.2 - LAKELAND BANCORP INC | d295650dex312.htm |
| EX-31.1 - EX-31.1 - LAKELAND BANCORP INC | d295650dex311.htm |
| EX-24.1 - EX-24.1 - LAKELAND BANCORP INC | d295650dex241.htm |
| EX-23.1 - EX-23.1 - LAKELAND BANCORP INC | d295650dex231.htm |
| EX-21.1 - EX-21.1 - LAKELAND BANCORP INC | d295650dex211.htm |
| EX-10.29 - EX-10.29 - LAKELAND BANCORP INC | d295650dex1029.htm |
| 10-K - FORM 10-K - LAKELAND BANCORP INC | d295650d10k.htm |
Exhibit 12.1
STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES
| Ratio of earnings to fixed charges | Year ended December 31, | |||||||||||||||||||
| 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
| (Dollars in thousands) | ||||||||||||||||||||
| Earnings: |
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| Income from continuing operations before taxes |
$ | 62,839 | $ | 48,648 | $ | 46,288 | $ | 37,419 | $ | 31,838 | ||||||||||
| Fixed charges excluding deposits and preferred stock dividends: |
8,206 | 6,015 | 4,764 | 4,402 | 7,815 | |||||||||||||||
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| Subtotal |
71,045 | 54,663 | 51,052 | 41,821 | 39,653 | |||||||||||||||
| Interest on deposits |
10,512 | 5,755 | 5,064 | 6,089 | 8,344 | |||||||||||||||
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| Total |
$ | 81,557 | $ | 60,418 | $ | 56,116 | $ | 47,910 | $ | 47,997 | ||||||||||
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| Fixed charges: |
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| Interest excluding deposits |
$ | 7,135 | $ | 5,118 | $ | 3,873 | $ | 3,568 | $ | 7,102 | ||||||||||
| Interest component on rentals* |
1,071 | 897 | 891 | 834 | 713 | |||||||||||||||
| Preferred stock dividends |
— | — | — | — | 620 | |||||||||||||||
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| Subtotal |
8,206 | 6,015 | 4,764 | 4,402 | 8,435 | |||||||||||||||
| Interest on deposits |
10,512 | 5,755 | 5,064 | 6,089 | 8,344 | |||||||||||||||
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| Total |
$ | 18,718 | $ | 11,770 | $ | 9,828 | $ | 10,491 | $ | 16,779 | ||||||||||
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| Ratio of earnings to fixed charges: |
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| Excluding interest on deposits |
8.66 | 9.09 | 10.72 | 9.50 | 4.70 | |||||||||||||||
| Including interest on deposits |
4.36 | 5.13 | 5.71 | 4.57 | 2.86 | |||||||||||||||
| * | Interest component on rentals estimated to be one-third of rentals. |