Attached files
file | filename |
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EX-10.28 - EX-10.28 - LAKELAND BANCORP INC | d841765dex1028.htm |
EXCEL - IDEA: XBRL DOCUMENT - LAKELAND BANCORP INC | Financial_Report.xls |
EX-23.2 - EX-23.2 - LAKELAND BANCORP INC | d841765dex232.htm |
EX-21.1 - EX-21.1 - LAKELAND BANCORP INC | d841765dex211.htm |
EX-24.1 - EX-24.1 - LAKELAND BANCORP INC | d841765dex241.htm |
EX-31.2 - EX-31.2 - LAKELAND BANCORP INC | d841765dex312.htm |
EX-32.1 - EX-32.1 - LAKELAND BANCORP INC | d841765dex321.htm |
EX-31.1 - EX-31.1 - LAKELAND BANCORP INC | d841765dex311.htm |
10-K - FORM 10-K - LAKELAND BANCORP INC | d841765d10k.htm |
EX-23.1 - EX-23.1 - LAKELAND BANCORP INC | d841765dex231.htm |
Exhibit 12.1
STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES
Ratio of earnings to fixed charges | Year ended December 31, | |||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||
(Dollars in thousands) | ||||||||||||||||||||
Earnings: |
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Income from continuing operations before taxes |
$ | 46,288 | $ | 37,419 | $ | 31,838 | $ | 28,563 | $ | 29,336 | ||||||||||
Fixed charges excluding deposits and preferred stock dividends: |
4,764 | 4,402 | 7,815 | 9,862 | 11,333 | |||||||||||||||
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Subtotal |
51,052 | 41,821 | 39,653 | 38,425 | 40,669 | |||||||||||||||
Interest on deposits |
5,064 | 6,089 | 8,344 | 10,878 | 15,195 | |||||||||||||||
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Total |
$ | 56,116 | $ | 47,910 | $ | 47,997 | $ | 49,303 | $ | 55,864 | ||||||||||
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Fixed charges: |
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Interest excluding deposits |
$ | 3,873 | $ | 3,568 | $ | 7,102 | $ | 9,233 | $ | 10,700 | ||||||||||
Interest component on rentals* |
891 | 834 | 713 | 629 | 633 | |||||||||||||||
Preferred stock dividends |
| | 620 | 2,167 | 3,987 | |||||||||||||||
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Subtotal |
4,764 | 4,402 | 8,435 | 12,029 | 15,320 | |||||||||||||||
Interest on deposits |
5,064 | 6,089 | 8,344 | 10,878 | 15,195 | |||||||||||||||
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Total |
$ | 9,828 | $ | 10,491 | $ | 16,779 | $ | 22,907 | $ | 30,515 | ||||||||||
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Ratio of earnings to fixed charges: |
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Excluding interest on deposits |
10.72 | 9.50 | 4.70 | 3.19 | 2.65 | |||||||||||||||
Including interest on deposits |
5.71 | 4.57 | 2.86 | 2.15 | 1.83 |
*Interest component on rentals estimated to be one-third of rentals