Attached files
| file | filename |
|---|---|
| EX-32.1 - EXHIBIT 32.1 - LAKELAND BANCORP INC | lbai12312017ex-321.htm |
| EX-31.2 - EXHIBIT 31.2 - LAKELAND BANCORP INC | lbai12312017ex-312.htm |
| EX-31.1 - EXHIBIT 31.1 - LAKELAND BANCORP INC | lbai12312017ex-311.htm |
| EX-24.1 - EXHIBIT 24.1 - LAKELAND BANCORP INC | lbai12312017ex-241.htm |
| EX-23.1 - EXHIBIT 23.1 - LAKELAND BANCORP INC | lbai12312017ex-231.htm |
| EX-21.1 - EXHIBIT 21.1 - LAKELAND BANCORP INC | lbai12312017ex-211.htm |
| EX-10.31 - EXHIBIT 10.31 - LAKELAND BANCORP INC | lbai12-31x2017exx1031.htm |
| EX-10.30 - EXHIBIT 10.30 - LAKELAND BANCORP INC | lbai12312017ex-1030.htm |
| EX-10.29 - EXHIBIT 10.29 - LAKELAND BANCORP INC | lbai12312017ex-1029.htm |
| 10-K - 10-K - LAKELAND BANCORP INC | lbai1231201710kdocument.htm |
Exhibit 12.1
STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES
Ratio of earnings to fixed charges | Year ended December 31, | |||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
(Dollars in thousands) | ||||||||||||||||||||
Earnings: | ||||||||||||||||||||
Income from continuing operations before taxes | $ | 80,049 | $ | 62,839 | $ | 48,648 | $ | 46,288 | $ | 37,419 | ||||||||||
Fixed charges excluding deposits and preferred stock dividends: | 9,403 | 8,206 | 6,015 | 4,764 | 4,402 | |||||||||||||||
Subtotal | 89,452 | 71,045 | 54,663 | 51,052 | 41,821 | |||||||||||||||
Interest on deposits | 16,600 | 10,512 | 5,755 | 5,064 | 6,089 | |||||||||||||||
Total | $ | 106,052 | $ | 81,557 | $ | 60,418 | $ | 56,116 | $ | 47,910 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest excluding deposits | $ | 8,366 | $ | 7,135 | $ | 5,118 | $ | 3,873 | $ | 3,568 | ||||||||||
Interest component on rentals* | 1,037 | 1,071 | 897 | 891 | 834 | |||||||||||||||
Preferred stock dividends | — | — | — | — | — | |||||||||||||||
Subtotal | 9,403 | 8,206 | 6,015 | 4,764 | 4,402 | |||||||||||||||
Interest on deposits | 16,600 | 10,512 | 5,755 | 5,064 | 6,089 | |||||||||||||||
Total | $ | 26,003 | $ | 18,718 | $ | 11,770 | $ | 9,828 | $ | 10,491 | ||||||||||
Ratio of earnings to fixed charges: | ||||||||||||||||||||
Excluding interest on deposits | 9.51 | 8.66 | 9.09 | 10.72 | 9.50 | |||||||||||||||
Including interest on deposits | 4.08 | 4.36 | 5.13 | 5.71 | 4.57 | |||||||||||||||
* | Interest component on rentals estimated to be one-third of rentals. |