Lakeland Bancorp (LBAI) 10-Q 7 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Trading Symbol	LBAI
Entity Registrant Name	LAKELAND BANCORP INC
Entity Central Index Key	846,901
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		37,903,909

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS:
Cash	$ 118,207	$ 102,549
Interest-bearing deposits due from banks	19,359	6,767
Total cash and cash equivalents	137,566	109,316
Investment securities available for sale, at fair value	461,686	457,449
Investment securities held to maturity; fair value of $123,585 at June 30, 2015 and $109,030 at December 31, 2014	123,133	107,976
Federal Home Loan Bank and other membership bank stock, at cost	12,779	9,846
Loans held for sale	3,348	592
Loans, net of deferred costs (fees)	2,754,517	2,653,826
Less: allowance for loan and lease losses	30,174	30,684
Net loans	2,724,343	2,623,142
Premises and equipment, net	35,524	35,675
Accrued interest receivable	8,911	8,896
Goodwill	109,974	109,974
Other identifiable intangible assets	1,742	1,960
Bank owned life insurance	61,869	57,476
Other assets	18,252	16,023
TOTAL ASSETS	3,699,127	3,538,325
Deposits:
Noninterest bearing	714,227	646,052
Savings and interest-bearing transaction accounts	1,822,295	1,864,805
Time deposits under $100 thousand	165,105	165,625
Time deposits $100 thousand and over	141,326	114,337
Total deposits	2,842,953	2,790,819
Federal funds purchased and securities sold under agreements to repurchase	146,249	108,935
Other borrowings	262,728	202,498
Subordinated debentures	41,238	41,238
Other liabilities	15,099	15,397
TOTAL LIABILITIES	3,308,267	3,158,887
STOCKHOLDERS' EQUITY
Common stock, no par value; authorized shares, 70,000,000; issued 37,903,282 shares at June 30, 2015 and 37,910,840 shares at December 31, 2014	385,565	384,731
Retained earnings (Accumulated deficit)	3,281	(6,816)
Accumulated other comprehensive income	2,014	1,523
TOTAL STOCKHOLDERS' EQUITY	390,860	379,438
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 3,699,127	$ 3,538,325

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands, None in scaling factor is -9223372036854775296	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Investment securities held to maturity; fair value	$ 123,585	$ 109,030
Common stock, par value
Common stock, shares authorized	70,000,000	70,000,000
Common stock, shares issued	37,903,282	37,910,840

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
INTEREST INCOME
Loans, leases and fees	$ 28,211	$ 27,558	$ 56,107	$ 54,456
Federal funds sold and interest-bearing deposits with banks	11	9	23	22
Taxable investment securities and other	2,688	2,515	5,362	5,061
Tax-exempt investment securities	398	467	808	940
TOTAL INTEREST INCOME	31,308	30,549	62,300	60,479
INTEREST EXPENSE
Deposits	1,346	1,243	2,629	2,506
Federal funds purchased and securities sold under agreements to repurchase	37	35	59	50
Other borrowings	1,256	852	2,425	1,659
TOTAL INTEREST EXPENSE	2,639	2,130	5,113	4,215
NET INTEREST INCOME	28,669	28,419	57,187	56,264
Provision for loan and lease losses	740	1,593	1,610	3,082
NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES	27,929	26,826	55,577	53,182
NONINTEREST INCOME
Service charges on deposit accounts	2,450	2,663	4,790	5,222
Commissions and fees	1,196	1,082	2,503	2,095
Gains on sales and calls of investment securities	17		17	2
Gains on sales of loans	464	152	729	235
Income on bank owned life insurance	388	365	1,087	725
Other income	443	109	570	165
TOTAL NONINTEREST INCOME	4,958	4,371	9,696	8,444
NONINTEREST EXPENSE
Salaries and employee benefits	12,144	11,200	23,894	22,013
Net occupancy expense	2,273	2,041	4,821	4,658
Furniture and equipment	1,629	1,660	3,285	3,353
Stationery, supplies and postage	377	334	742	688
Marketing expense	416	476	656	862
FDIC insurance expense	531	511	1,049	1,012
Legal expense	325	219	441	492
Expenses on other real estate owned and other repossessed assets	27	100	19	115
Core deposit intangible amortization	107	119	218	242
Other expenses	3,366	2,870	6,112	5,837
TOTAL NONINTEREST EXPENSE	21,195	19,530	41,237	39,272
Income before provision for income taxes	11,692	11,667	24,036	22,354
Income tax expense	3,830	3,886	7,844	7,410
NET INCOME	$ 7,862	$ 7,781	$ 16,192	$ 14,944
PER SHARE OF COMMON STOCK
Basic earnings	$ 0.21	$ 0.20	$ 0.42	$ 0.39
Diluted earnings	0.21	0.20	0.42	0.39
Dividends	$ 0.085	$ 0.071	$ 0.160	$ 0.142

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 7,862	$ 7,781	$ 16,192	$ 14,944
OTHER COMPREHENSIVE INCOME, NET OF TAX:
Unrealized securities (losses) gains during period	(2,177)	2,797	498	5,785
Reclassification for gains included in net income	(17)		(17)	(2)
Change in pension liability, net	5	5	10	10
Other Comprehensive Income (Loss)	(2,189)	2,802	491	5,793
TOTAL COMPREHENSIVE INCOME	$ 5,673	$ 10,583	$ 16,683	$ 20,737

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - 6 months ended Jun. 30, 2015 - USD ($) $ in Thousands	Total	Common Stock [Member]	Retained Earnings (Accumulated Deficit) [Member]	Accumulated Other Comprehensive Income [Member]
BALANCE at Dec. 31, 2014	$ 379,438	$ 384,731	$ (6,816)	$ 1,523
NET INCOME	16,192		16,192
Other comprehensive income, net of tax	491			491
Stock based compensation	912	912
Retirement of restricted stock	(250)	(250)
Exercise of stock options, net of excess tax benefits	172	172
Cash dividends, common stock	(6,095)		(6,095)
BALANCE at Jun. 30, 2015	$ 390,860	$ 385,565	$ 3,281	$ 2,014

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
NET INCOME	$ 16,192	$ 14,944
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization of premiums, discounts and deferred loan fees and costs	2,009	1,808
Depreciation and amortization	1,914	1,807
Amortization of intangible assets	218	242
Provision for loan and lease losses	1,610	3,082
Loans originated for sale	(34,649)	(8,450)
Proceeds from sales of loans	32,622	9,492
Gains on sales and calls of securities	(17)	(2)
Gains on sales of loans held for sale	(729)	(235)
Gains on other real estate and other repossessed assets	(144)	(65)
Losses on sales of premises and equipment	2	19
Stock-based compensation	912	638
Increase in other assets	(3,535)	(813)
Decrease in other liabilities	(281)	(1,863)
NET CASH PROVIDED BY OPERATING ACTIVITIES	16,124	20,604
Proceeds from repayments on and maturity of securities:
Available for sale	37,946	24,738
Held to maturity	8,804	11,217
Proceeds from sales of securities
Available for sale	11,472	15,646
Held to maturity		1,374
Purchase of securities:
Available for sale	(54,241)	(17,133)
Held to maturity	(24,245)	(16,497)
Purchase of bank owned life insurance	(4,078)
Proceeds from bank owned life insurance policy	772
Net increase in Federal Home Loan Bank Stock	(2,933)	(1,873)
Net increase in loans and leases	(103,750)	(143,585)
Proceeds from sales of other real estate and repossessed assets	853	455
Proceeds from dispositions of premises and equipment	4
Capital expenditures	(2,053)	(1,056)
NET CASH USED IN INVESTING ACTIVITIES	(131,449)	(126,714)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits	52,204	17,737
Increase in federal funds purchased and securities sold under agreements to repurchase	37,314	74,520
Proceeds from other borrowings	70,230	130,000
Repayments of other borrowings	(10,000)	(75,000)
Excess tax benefits	59	65
Exercise of stock options	113	142
Retirement of restricted stock	(250)	(56)
Issuance of stock to dividend reinvestment and stock purchase plan		64
Dividends paid	(6,095)	(5,118)
NET CASH PROVIDED BY FINANCING ACTIVITIES	143,575	142,354
Net increase in cash and cash equivalents	28,250	36,244
Cash and cash equivalents, beginning of period	109,316	102,721
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 137,566	$ 138,965

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Significant Accounting Policies	Note 1. Significant Accounting Policies Basis of Presentation. This quarterly report presents the consolidated financial statements of Lakeland Bancorp, Inc. (the Company) and its subsidiary, Lakeland Bank (Lakeland). The accounting and reporting policies of the Company conform with accounting principles generally accepted in the United States of America (U.S. GAAP) and predominant practices within the banking industry. The Company’s unaudited interim financial statements reflect all adjustments, such as normal recurring accruals that are, in the opinion of management, necessary for the fair presentation of the results of the interim periods. The results of operations for the six months ended June 30, 2015 do not necessarily indicate the results that the Company will achieve for all of 2015. You should read these interim financial statements in conjunction with the audited consolidated financial statements and accompanying notes that are presented in the Lakeland Bancorp, Inc. Annual Report on Form 10-K for the year ended December 31, 2014. On May 21, 2014, the Company’s Board of Directors authorized a 5% stock dividend which was distributed on June 17, 2014 to holders of record as of June 3, 2014. All weighted average, actual share and per share information set forth in this Quarterly Report on Form 10-Q have been adjusted retroactively for the effects of the stock dividend. The financial information in this quarterly report has been prepared in accordance with the Company’s customary accounting practices. Certain information and footnote disclosures required under U.S. GAAP have been condensed or omitted, as permitted by rules and regulations of the Securities and Exchange Commission. Certain reclassifications have been made to prior period financial statements to conform to the 2015 presentation.

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	Note 2. Share-Based Compensation The Company grants stock options, restricted stock and restricted stock units (RSUs) under the 2009 Equity Compensation Program. Share-based compensation expense of $912,000 and $638,000 was recognized for the six months ended June 30, 2015 and 2014, respectively. As of June 30, 2015, there was unrecognized compensation cost of $441,000 related to unvested restricted stock; that cost is expected to be recognized over a weighted average period of approximately 1.8 years. Unrecognized compensation expense related to unvested stock options was approximately $67,000 as of June 30, 2015 and is expected to be recognized over a period of 1.9 years. Unrecognized compensation expense related to RSUs was approximately $1.5 million as of June 30, 2015, and that cost is expected to be recognized over a period of 1.7 years. In the first six months of 2014, the Company granted 1,942 shares of restricted stock at a grant date fair value of $11.21 per share under the 2009 Equity Compensation Program. Compensation expense on these shares is expected to average approximately $4,000 per year over a five year period. In the first six months of 2015, the Company granted 129,509 RSUs at a weighted average grant date fair value of $11.06 per share under the Company’s 2009 Equity Compensation Program. These units vest within a range of two to three years. A portion of these RSUs will vest subject to certain performance conditions in the restricted stock unit agreement. There are also certain provisions in the compensation program which state that if a holder of the RSUs reaches a certain age and years of service, the person has effectively earned a portion of the RSUs at that time. Compensation expense on these restricted stock units is expected to average approximately $477,000 per year over a three year period. In the first six months of 2014, the Company granted 127,797 RSUs at a weighted average grant date fair value of $10.66 per share under the Company’s 2009 Equity Compensation Program. Compensation expense on these RSUs is expected to average approximately $453,000 per year over a three year period. There were no grants of stock options in the first six months of 2015 or 2014. Option activity under the Company’s stock option plans is as follows: Weighted Number of Weighted average Aggregate Outstanding, January 1, 2015 311,705 $9.69 $681,861 Issued --- --- Exercised (15,500 ) 7.30 Forfeited (3,462 ) 12.28 Expired --- --- Outstanding, June 30, 2015 292,743 $9.78 3.76 $653,340 Options exercisable at June 30, 2015 271,743 $9.80 3.43 $601,293 The aggregate intrinsic value in the table above represents the total pre-tax intrinsic value (the difference between the Company’s closing stock price on the last trading day of the first half of 2015 and the exercise price, multiplied by the number of in-the-money options). The aggregate intrinsic value of stock options exercised during the six months ended June 30, 2015 and 2014 was $63,000 and $42,000, respectively. Exercise of stock options during the first six months of 2015 and 2014 resulted in cash receipts of $113,000 and $86,000, respectively. Information regarding the Company’s restricted stock and changes during the six months ended June 30, 2015 is as follows: Number of Weighted Outstanding, January 1, 2015 160,284 $9.21 Granted --- --- Vested (86,470 ) 9.11 Forfeited (88 ) 9.39 Outstanding, June 30, 2015 73,726 $9.32 Information regarding the Company’s RSUs (all unvested) and changes during the six months ended June 30, 2015 is as follows: Number of Weighted Outstanding, January 1, 2015 98,535 $ 10.64 Granted 129,509 11.06 Vested (25,566 ) 11.02 Forfeited (515 ) 10.74 Outstanding, June 30, 2015 201,963 $ 10.86

Comprehensive Income

Comprehensive Income	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Comprehensive Income	Note 3. Comprehensive Income The components of other comprehensive income are as follows: June 30, 2015 June 30, 2014 Before Tax Benefit Net of Before Tax Benefit Net of For the quarter ended: tax amount (Expense) tax amount tax amount (Expense) tax amount (in thousands) (in thousands) Net unrealized gains on available for sale securities Net unrealized holding gains (losses) arising during period ($3,466 ) $1,289 ($2,177 ) $4,325 ($1,528 ) $2,797 Reclassification adjustment for net gains arising during the period (26 ) 9 (17 ) --- --- --- Net unrealized gains (losses) ($3,492 ) $1,298 ($2,194 ) $4,325 ($1,528 ) $2,797 Change in minimum pension liability 8 (3 ) 5 8 (3 ) 5 Other comprehensive income (loss), net ($3,484 ) $1,295 ($2,189 ) $4,333 ($1,531 ) $2,802 Before Tax Benefit Net of Before Tax Benefit Net of For the six months ended: tax amount (Expense) tax amount tax amount (Expense) tax amount (in thousands) (in thousands) Net unrealized gains on available for sale securities Net unrealized holding gains arising during period $759 ($261 ) $498 $9,040 ($3,255 ) $5,785 Reclassification adjustment for net gains arising during the period (26 ) 9 (17 ) (3 ) 1 (2 ) Net unrealized gains $733 ($252 ) $481 $9,037 ($3,254 ) $5,783 Change in minimum pension liability 16 (6 ) 10 16 (6 ) 10 Other comprehensive income, net $749 ($258 ) $491 $9,053 ($3,260 ) $5,793 The following table shows the changes in the balances of each of the components of other comprehensive income for the periods presented: Changes in Accumulated Other Comprehensive Income by Component (a) For the Three Months Ended For the Three Months Ended June 30, 2015 June 30, 2014 Unrealized Unrealized Gains Gains on (Losses) on Available-for-sale Available-for-sale Securities Pension Items Total Securities Pension Items Total Beginning Balance $4,206 ($3 ) $4,203 ($1,661 ) ($23 ) ($1,684 ) (in thousands) Other comprehensive income (loss) before classifications (2,177 ) 5 (2,172 ) 2,797 5 2,802 Amounts reclassified from accumulated other comprehensive income (17 ) --- (17 ) --- --- --- Net current period other comprehensive income (loss) (2,194 ) 5 (2,189 ) 2,797 5 2,802 Ending balance $2,012 $2 $2,014 $1,136 ($18 ) $1,118 (a) All amounts are net of tax. Changes in Accumulated Other Comprehensive Income by Component (a) For the Six Months Ended For the Six Months Ended June 30, 2015 June 30, 2014 Unrealized Gains Unrealized Gains and Losses on and Losses on Available-for-sale Available-for-sale Securities Pension Items Total Securities Pension Items Total Beginning Balance $1,531 ($8 ) $1,523 ($4,647 ) ($28 ) ($4,675 ) (in thousands) Other comprehensive income before classifications 498 10 508 5,785 10 5,795 Amounts reclassified from accumulated other comprehensive income (17 ) --- (17 ) (2 ) --- (2 ) Net current period other comprehensive income 481 10 491 5,783 10 5,793 Ending balance $2,012 $2 $2,014 $1,136 ($18 ) $1,118 (a) All amounts are net of tax.

Statement of Cash Flow Informat

Statement of Cash Flow Information, Supplemental Information	6 Months Ended
	Jun. 30, 2015
Supplemental Cash Flow Elements [Abstract]
Statement of Cash Flow Information, Supplemental Information	Note 4. Statement of Cash Flow Information, Supplemental Information For the Six Months Ended 2015 2014 Supplemental schedule of noncash investing and financing activities: (in thousands) Cash paid during the period for income taxes $7,645 $6,657 Cash paid during the period for interest 5,016 4,225 Transfer of loans and leases into other repossessed assets and other real estate owned 760 722

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Note 5. Earnings Per Share The following schedule shows the Company’s earnings per share for the periods presented: For the Three Months Ended For the Six Months Ended June 30, June 30, (In thousands, except per share data) 2015 2014 2015 2014 Net income available to common shareholders $7,862 $7,781 $16,192 $14,944 Less: earnings allocated to participating securities 68 62 120 97 Net income allocated to common shareholders $7,794 $7,719 $16,072 $14,847 Weighted average number of common shares outstanding - basic (1) 37,854 37,740 37,827 37,711 Share-based plans (1) 134 110 134 117 Weighted average number of common shares - diluted (1) 37,988 37,850 37,961 37,828 Basic earnings per share $0.21 $0.20 $0.42 $0.39 Diluted earnings per share $0.21 $0.20 $0.42 $0.39 (1) Adjusted for 5% stock dividend distributed June 17, 2014 to shareholders of record on June 3, 2014 . Options to purchase 83,437 shares of common stock at a weighted average price of $12.29 per share were outstanding and were not included in the computations of diluted earnings per share for the three and six months ended June 30, 2015 because the exercise price was greater than the average market price. Options to purchase 357,163 shares of common stock at a weighted average price of $11.91 per share were outstanding and were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2014 because the exercise price was greater than the average market price.

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Note 6. Investment Securities AVAILABLE FOR SALE June 30, 2015 December 31, 2014 Amortized Gross Gross Fair Amortized Gross Gross Fair (in thousands) (in thousands) U.S. treasury and U.S. government agencies $100,385 $419 $(593 ) $100,211 $94,466 $261 $(807 ) $93,920 Mortgage-backed securities, residential 300,443 2,771 (1,815 ) 301,399 309,162 2,868 (2,075 ) 309,955 Mortgage-backed securities, multifamily 10,277 11 (68 ) 10,220 4,973 3 --- 4,976 Obligations of states and political subdivisions 30,597 723 (232 ) 31,088 29,764 888 (133 ) 30,519 Other debt securities 496 7 --- 503 494 11 --- 505 Equity securities 16,361 2,145 (241 ) 18,265 16,196 1,589 (211 ) 17,574 $458,559 $6,076 $(2,949 ) $461,686 $455,055 $5,620 $(3,226 ) $457,449 HELD TO MATURITY June 30, 2015 December 31, 2014 Gross Gross Gross Gross Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair Cost Gains Losses Value Cost Gains Losses Value (in thousands) (in thousands) U.S. government agencies $35,509 $317 $(164 ) $35,662 $20,477 $232 $(84 ) $20,625 Mortgage-backed securities, residential 38,950 564 (372 ) 39,142 42,309 645 (385 ) 42,569 Mortgage-backed securities, multifamily 2,209 --- (63 ) 2,146 2,259 --- (60 ) 2,199 Obligations of states and political subdivisions 44,940 434 (379 ) 44,995 41,401 658 (90 ) 41,969 Other debt securities 1,525 115 --- 1,640 1,530 138 --- 1,668 $123,133 $1,430 $(978 ) $123,585 $107,976 $1,673 $(619 ) $109,030 The following table shows investment securities by stated maturity. Securities backed by mortgages have expected maturities that differ from contractual maturities because borrowers have the right to call or prepay, and are, therefore, classified separately with no specific maturity date (in thousands): June 30, 2015 Available for Sale Held to Maturity Amortized Fair Amortized Fair Cost Value Cost Value Due in one year or less $3,312 $3,362 $6,345 $6,357 Due after one year through five years 85,465 85,836 12,108 12,462 Due after five years through ten years 41,319 41,272 56,707 56,749 Due after ten years 1,382 1,332 6,814 6,729 131,478 131,802 81,974 82,297 Mortgage-backed securities 310,720 311,619 41,159 41,288 Equity securities 16,361 18,265 --- --- Total securities $458,559 $461,686 $123,133 $123,585 The following table shows proceeds from sales of securities, gross gains and gross losses on sales or calls of securities and other than temporary impairments for the periods indicated (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2015 2014 2015 2014 Sale proceeds $11,472 $17,020 $11,472 $17,020 Gross gains 28 340 28 346 Gross losses (11 ) (340 ) (11 ) (344 ) The above sales in 2014 include sales of $1.4 million in held to maturity mortgage-backed securities of which the Company had already collected over 90% of the principal outstanding. The Company realized $73,000 in gains on sales of these securities. Gains or losses on sales of investment securities are based on the net proceeds and the adjusted carrying amount of the securities sold using the specific identification method. Securities with a carrying value of approximately $351.5 million and $356.1 million at June 30, 2015 and December 31, 2014, respectively, were pledged to secure public deposits and for other purposes required by applicable laws and regulations. The following table indicates the length of time individual securities have been in a continuous unrealized loss position at June 30, 2015 and December 31, 2014: June 30, 2015 Less than 12 months 12 months or longer Total Unrealized Unrealized Number of Unrealized AVAILABLE FOR SALE Fair value Losses Fair value Losses securities Fair value Losses (dollars in thousands) U.S. treasury and U.S. government agencies $ 60,180 $ 571 $ 3,978 $ 22 13 $ 64,158 $ 593 Mortgage-backed securities, residential 78,644 537 54,895 1,278 37 133,539 1,815 Mortgage-backed securities, multifamily 5,235 68 --- --- 1 5,235 68 Obligations of states and political subdivisions 6,852 139 1,436 93 17 8,288 232 Equity securities --- --- 4,868 241 2 4,868 241 $ 150,911 $ 1,315 $ 65,177 $ 1,634 70 $ 216,088 $ 2,949 HELD TO MATURITY U.S. government agencies $ 15,688 $ 164 $ --- $ --- 3 $ 15,688 $ 164 Mortgage-backed securities, residential 16,372 189 7,382 183 9 23,754 372 Mortgage-backed securities, multifamily 1,259 12 887 51 2 2,146 63 Obligations of states and political subdivisions 16,594 325 1,599 54 29 18,193 379 $ 49,913 $ 690 $ 9,868 $ 288 43 $ 59,781 $ 978 December 31, 2014 Less than 12 months 12 months or longer Total Unrealized Unrealized Number of Unrealized AVAILABLE FOR SALE Fair value Losses Fair value Losses securities Fair value Losses (dollars in thousands) U.S. government agencies $ 5,057 $ 28 $ 46,135 $ 779 11 $ 51,192 $ 807 Mortgage-backed securities, residential 34,832 177 74,414 1,898 28 109,246 2,075 Obligations of states and political subdivisions 1,266 29 5,033 104 12 6,299 133 Other debt securities --- --- --- --- --- --- --- Equity securities --- --- 4,819 211 2 4,819 211 $ 41,155 $ 234 $ 130,401 $ 2,992 53 $ 171,556 $ 3,226 HELD TO MATURITY U.S. government agencies $ --- $ --- $ 5,736 $ 84 1 $ 5,736 $ 84 Mortgage-backed securities, residential 6,236 50 17,557 335 8 23,793 385 Mortgage-backed securities, multifamily --- --- 2,199 60 2 2,199 60 Obligations of states and political subdivisions 1,290 7 4,206 83 13 5,496 90 $ 7,526 $ 57 $ 29,698 $ 562 24 $ 37,224 $ 619 Management has evaluated the securities in the above table and has concluded that none of the securities are other-than-temporarily impaired. The cause of the fair values being below cost is due to interest rate movements and is deemed temporary. All investment securities are evaluated on a periodic basis to identify any factors that would require a further analysis. In evaluating the Company’s securities, management considers the following items: • The Company’s ability and intent to hold the securities, including an evaluation of the need to sell the security to meet certain liquidity measures, or whether the Company has sufficient levels of cash to hold the identified security in order to recover the entire amortized cost of the security; • The financial condition of the underlying issuer; • The credit ratings of the underlying issuer and if any changes in the credit rating have occurred; • The length of time the security’s fair value has been less than amortized cost; and • Adverse conditions related to the security or its issuer if the issuer has failed to make scheduled payments or other factors. If the above factors indicate that an additional analysis is required, management will perform and consider the results of a discounted cash flow analysis. As of June 30, 2015, the equity securities include investments in other financial institutions for market appreciation purposes. Those equities had a purchase price of $2.7 million and a market value of $4.8 million as of June 30, 2015. As of June 30, 2015, equity securities also included $13.5 million in investment funds that do not have a quoted market price but use net asset value per share or its equivalent to measure fair value. The funds include $2.9 million in funds that are primarily invested in community development loans that are guaranteed by the Small Business Administration (SBA). Because the funds are primarily guaranteed by the federal government there are minimal changes in market value between accounting periods. These funds can be redeemed with 60 days notice at the net asset value less unpaid management fees with the approval of the fund manager. As of June 30, 2015, the net amortized cost equaled the market value of the investment. There are no unfunded commitments related to this investment. The funds also include $10.6 million in funds that are invested in government guaranteed loans, mortgage-backed securities, small business loans and other instruments supporting affordable housing and economic development. The Company may redeem these funds at the net asset value calculated at the end of the current business day less any unpaid management fees. As of June 30, 2015, the amortized cost of these securities was $10.8 million and the fair value was $10.6 million. There are no restrictions on redemptions for the holdings in these investments other than the notice required by the fund manager. There are no unfunded commitments related to this investment.

Loans, Leases and Other Real Es

Loans, Leases and Other Real Estate	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Loans, Leases and Other Real Estate	Note 7. Loans, Leases and Other Real Estate. The following sets forth the composition of Lakeland’s loan and lease portfolio as of June 30, 2015 and December 31, 2014: June 30, December 31, 2015 2014 (in thousands) Commercial, secured by real estate $1,613,011 $1,529,761 Commercial, industrial and other 262,617 238,252 Leases 53,798 54,749 Real estate-residential mortgage 414,339 431,190 Real estate-construction 82,265 64,020 Home equity and consumer 330,664 337,642 Total loans 2,756,694 2,655,614 Less: deferred fees (2,177 ) (1,788 ) Loans, net of deferred fees $2,754,517 $2,653,826 At June 30, 2015 and December 31, 2014, home equity and consumer loans included overdraft deposit balances of $498,000 and $791,000, respectively. At June 30, 2015 and December 31, 2014, the Company had $667.8 million and $338.5 million in loans pledged for actual and potential borrowings at the Federal Home Loan Bank of New York (FHLB). Non-Performing Assets and Past Due Loans The following schedule sets forth certain information regarding the Company’s non-performing assets and its accruing troubled debt restructurings: June 30, December 31, (in thousands) 2015 2014 Commercial, secured by real estate $5,307 $7,424 Commercial, industrial and other 1,354 308 Leases 79 88 Real estate - residential mortgage 9,098 9,246 Real estate - construction --- 188 Home equity and consumer 3,143 3,415 Total non-accrual loans and leases $18,981 $20,669 Other real estate and other repossessed assets 1,078 1,026 TOTAL NON-PERFORMING ASSETS $20,059 $21,695 Troubled debt restructurings, still accruing $12,419 $10,579 Non-accrual loans included $2.0 million and $1.3 million of troubled debt restructurings as of June 30, 2015 and December 31, 2014, respectively. As of June 30, 2015, the Company had $8.3 million in residential mortgages and consumer home equity loans that were in the process of foreclosure. An age analysis of past due loans, segregated by class of loans as of June 30, 2015 and December 31, 2014, is as follows: June 30, 2015 30-59 Days Past Due 60-89 Days Past Due Greater 89 Days Total Past Due Current Total and Leases Recorded still accruing (in thousands) Commercial, secured by real estate $ 2,712 $ 3,055 $ 4,264 $ 10,031 $ 1,602,980 $ 1,613,011 $ - Commercial, industrial and other 307 859 224 1,390 261,227 262,617 - Leases 175 51 79 305 53,493 53,798 - Real estate--residential mortgage 993 216 8,125 9,334 405,005 414,339 47 Real estate--construction - - - - 82,265 82,265 - Home equity and consumer 1,156 352 2,574 4,082 326,582 330,664 55 $ 5,343 $ 4,533 $ 15,266 $ 25,142 $ 2,731,552 $ 2,756,694 $ 102 December 31, 2014 Commercial, secured by real estate $ 2,714 $ 2,999 $ 5,972 $ 11,685 $ 1,518,076 $ 1,529,761 $ - Commercial, industrial and other 944 2 308 1,254 236,998 238,252 - Leases 108 24 88 220 54,529 54,749 - Real estate--residential mortgage 3,325 354 6,710 10,389 420,801 431,190 - Real estate--construction 224 - 188 412 63,608 64,020 - Home equity and consumer 1,583 598 2,951 5,132 332,510 337,642 66 $ 8,898 $ 3,977 $ 16,217 $ 29,092 $ 2,626,522 $ 2,655,614 $ 66 Impaired Loans The Company defines impaired loans as all non-accrual loans and leases with recorded investments of $500,000 or greater. Impaired loans also includes all loans modified in troubled debt restructurings. Impaired loans as of June 30, 2015, June 30, 2014 and December 31, 2014 are as follows: June 30, 2015 Recorded Contractual Specific Interest Average (in thousands) Loans without specific allowance: Commercial, secured by real estate $12,178 $13,210 $- $203 $13,001 Commercial, industrial and other 2,015 3,404 - 10 661 Real estate-residential mortgage 2,329 2,329 - - 2,100 Real estate-construction - - - - 99 Home equity and consumer 764 764 - - 752 Loans with specific allowance: Commercial, secured by real estate 5,466 5,487 346 114 5,430 Commercial, industrial and other 1,082 1,082 42 11 442 Leases 11 11 11 - 6 Real estate-residential mortgage 728 728 63 19 742 Real estate-construction 391 391 1 5 242 Home equity and consumer 1,044 1,044 809 32 1,230 Total: Commercial, secured by real estate $17,644 $18,697 $346 $317 $18,431 Commercial, industrial and other 3,097 4,486 42 21 1,103 Leases 11 11 11 - 6 Real estate--residential mortgage 3,057 3,057 63 19 2,842 Real estate-construction 391 391 1 5 341 Home equity and consumer 1,808 1,808 809 32 1,982 $26,008 $28,450 $1,272 $394 $24,705 June 30, 2014 Recorded Contractual Specific Interest Average (in thousands) Loans without specific allowance: Commercial, secured by real estate $15,564 $16,445 $- $205 $15,170 Commercial, industrial and other 542 923 - 42 1,850 Real estate-residential mortgage 255 304 - - 276 Real estate-construction 465 2,411 - - 483 Home equity and consumer - - - - - Loans with specific allowance: Commercial, secured by real estate 4,023 4,179 285 87 4,418 Commercial, industrial and other 151 151 5 4 183 Real estate-residential mortgage - - - - - Real estate-construction - - - - - Home equity and consumer 1,267 1,283 493 30 1,219 Total: Commercial, secured by real estate $19,587 $20,624 $285 $292 $19,588 Commercial, industrial and other 693 1,074 5 46 2,033 Real estate--residential mortgage 255 304 - - 276 Real estate-construction 465 2,411 - - 483 Home equity and consumer 1,267 1,283 493 30 1,219 $22,267 $25,696 $783 $368 $23,599 December 31, 2014 Recorded Contractual Specific Interest Average (in thousands) Loans without specific allowance: Commercial, secured by real estate $14,172 $15,520 $- $436 $16,092 Commercial, industrial and other 327 1,697 - 43 1,513 Real estate-residential mortgage 1,681 1,681 - - 308 Real estate-construction 188 552 - - 464 Home equity and consumer 741 741 - 7 153 Loans with specific allowance: Commercial, secured by real estate 5,666 5,818 634 156 3,858 Commercial, industrial and other 425 425 10 9 342 Real estate-residential mortgage 1,238 1,238 217 19 438 Real estate-construction - - - - - Home equity and consumer 1,255 1,255 1,031 41 975 Total: Commercial, secured by real estate $19,838 $21,338 $634 $592 $19,950 Commercial, industrial and other 752 2,122 10 52 1,855 Real estate--residential mortgage 2,919 2,919 217 19 746 Real estate-construction 188 552 - - 464 Home equity and consumer 1,996 1,996 1,031 48 1,128 $25,693 $28,927 $1,892 $711 $24,143 Interest that would have been accrued on impaired loans during the first six months of 2015 and 2014 had the loans been performing under original terms would have been $794,000 and $885,000, respectively. Interest that would have accrued for the year ended December 31, 2014 was $1.8 million. Credit Quality Indicators The class of loans are determined by internal risk rating. Management closely and continually monitors the quality of its loans and leases and assesses the quantitative and qualitative risks arising from the credit quality of its loans and leases. It is the policy of Lakeland to require that a Credit Risk Rating be assigned to all commercial loans and loan commitments. The Credit Risk Rating System has been developed by management to provide a methodology to be used by Loan Officers, department heads and Senior Management in identifying various levels of credit risk that exist within Lakeland’s loan portfolios. The risk rating system assists Senior Management in evaluating Lakeland’s commercial loan portfolio, analyzing trends, and determining the proper level of required reserves to be recommended to the Board. In assigning risk ratings, management considers, among other things, a borrower’s debt service coverage, earnings strength, loan to value ratios, industry conditions and economic conditions. Management categorizes commercial loans and commitments into a one (1) to nine (9) numerical structure with rating 1 being the strongest rating and rating 9 being the weakest. Ratings 1 through 5W are considered ‘Pass’ ratings. The following table shows the Company’s commercial loan portfolio as of June 30, 2015 and December 31, 2014, by the risk ratings discussed above (in thousands): June 30, 2015 Commercial, Commercial, secured by industrial Real estate- Risk Rating real estate and other construction 1 $--- $1,543 $--- 2 --- 9,845 --- 3 65,458 51,222 --- 4 542,648 90,047 10,866 5 871,014 77,814 66,877 5W - Watch 51,083 13,349 113 6 - Other Assets Especially Mentioned 38,173 5,330 1,996 7 - Substandard 44,635 13,467 2,413 8 - Doubtful --- - --- 9 - Loss --- - --- Total $1,613,011 $262,617 $82,265 December 31, 2014 Commercial, Commercial, secured by industrial Real estate- Risk Rating real estate and other construction 1 $--- $1,040 $--- 2 --- 8,755 --- 3 69,243 30,386 --- 4 479,667 91,836 7,527 5 867,023 69,723 51,833 5W - Watch 40,991 15,572 225 6 - Other Assets Especially Mentioned 27,764 8,057 2,710 7 - Substandard 45,073 12,883 1,725 8 - Doubtful --- --- --- 9 - Loss --- --- --- Total $1,529,761 $238,252 $64,020 The risk rating tables above do not include consumer or residential loans or leases because they are evaluated on their payment status. Allowance for Loan and Lease Losses The following table details activity in the allowance for loan and lease losses by portfolio segment for the three and six months ended June 30, 2015 and 2014: Three Months Ended June 30, 2015 Commercial, Commercial, Leases Real estate- Real estate- Home Unallocated Total (in thousands) Beginning Balance $12,560 $3,307 $1,038 $3,298 $637 $6,924 $2,741 $30,505 Charge-offs (805 ) (64 ) (102 ) (89 ) - (415 ) - (1,475) Recoveries 325 42 - 2 6 29 - 404 Provision 1,839 (417 ) 18 (195 ) 82 (619 ) 32 740 Ending Balance $13,919 $2,868 $954 $3,016 $725 $5,919 $2,773 $30,174 Three Months Ended June 30, 2014 Commercial, Commercial, Leases Real estate- Real estate- Home Unallocated Total (in thousands) Beginning Balance $14,135 $5,506 $460 $2,968 $483 $2,612 $3,356 $29,520 Charge-offs (144 ) (599 ) (126 ) (354 ) (25 ) (483 ) - (1,731) Recoveries 320 88 - 3 1 72 - 484 Provision (269 ) (1,394 ) 320 1,614 77 1,910 (665 ) 1,593 Ending Balance $14,042 $3,601 $654 $4,231 $536 $4,111 $2,691 $29,866 Six Months Ended June 30, 2015 Commercial, Commercial, Leases Real estate- Real estate- Home Unallocated Total (in thousands) Beginning Balance $13,577 $3,196 $582 $4,020 $553 $6,333 $2,423 $30,684 Charge-offs (1,351 ) (74 ) (529 ) (106 ) (20 ) (676 ) - (2,756) Recoveries 364 84 20 3 106 59 - 636 Provision 1,329 (338 ) 881 (901 ) 86 203 350 1,610 Ending Balance $13,919 $2,868 $954 $3,016 $725 $5,919 $2,773 $30,174 Six Months Ended June 30, 2014 Commercial, Commercial, Leases Real estate- Real estate- Home Unallocated Total (in thousands) Beginning Balance $14,463 $5,331 $504 $3,214 $542 $2,737 3,030 29,821 Charge-offs (1,791 ) (612 ) (165 ) (509 ) (25 ) (1,084 ) - (4,186) Recoveries 354 679 - 9 1 106 - 1,149 Provision 1,016 (1,797 ) 315 1,517 18 2,352 (339 ) 3,082 Ending Balance $14,042 $3,601 $654 $4,231 $536 $4,111 $2,691 $29,866 Loans receivable summarized by portfolio segment and impairment method are as follows: At June 30, 2015 Commercial, Commercial, Leases Real estate- Real estate- Home Total Ending Balance: Individually (in thousands) evaluated for impairment $17,644 $3,097 $11 $3,057 $391 $1,808 $26,008 Ending Balance: Collectively evaluated for impairment 1,595,367 259,520 53,787 411,282 81,874 328,856 $2,730,686 Ending Balance (1) $1,613,011 $262,617 $53,798 $414,339 $82,265 $330,664 $2,756,694 (1) Excludes deferred fees Commercial, Commercial, Leases Real estate- Real estate- Home Total At December 31, 2014 (in thousands) Ending Balance: Individually evaluated for impairment $19,838 $752 $- $2,919 $188 $1,996 $25,693 Ending Balance: Collectively evaluated for impairment 1,509,923 237,500 54,749 428,271 63,832 335,646 $2,629,921 Ending Balance(1) $1,529,761 $238,252 $54,749 $431,190 $64,020 $337,642 $2,655,614 (1) Excludes deferred fees The allowance for loan and lease losses is summarized by portfolio segment and impairment classification as follows: At June 30, 2015 Commercial, Commercial, Leases Real estate- Real estate- Home Unallocated Total (in thousands) Ending Balance: Individually evaluated for impairment $346 $42 $11 $63 $1 $809 $--- $1,272 Ending Balance: Collectively evaluated for impairment 13,573 2,826 943 2,953 724 5,110 2,773 $28,902 Ending Balance $13,919 $2,868 $954 $3,016 $725 $5,919 $2,773 $30,174 At December 31, 2014 Commercial, Commercial, Leases Real estate- Real estate- Home Unallocated Total (in thousands) Ending Balance: Individually evaluated for impairment $634 $10 $- $217 $- $1,031 $- $1,892 Ending Balance: Collectively evaluated for impairment 12,943 3,186 582 3,803 553 5,302 2,423 $28,792 Ending Balance $13,577 $3,196 $582 $4,020 $553 $6,333 $2,423 $30,684 Lakeland also maintains a reserve for unfunded lending commitments which is included in other liabilities. This reserve was $1.4 million and $1.1 million at June 30, 2015 and December 31, 2014, respectively. The Company analyzes the adequacy of the reserve for unfunded lending commitments in conjunction with its analysis of the adequacy of the allowance for loan and lease losses. For more information on this analysis, see “Risk Elements” in Management’s Discussion and Analysis. Troubled Debt Restructurings Troubled debt restructurings are those loans where concessions have been made due to borrowers’ financial difficulties. Restructured loans typically involve a modification of terms such as a reduction of the stated interest rate, a moratorium of principal payments and/or an extension of the maturity date at a stated interest rate lower than the current market rate of a new loan with similar risk. The Company considers the potential losses on these loans as well as the remainder of its impaired loans while considering the adequacy of the allowance for loan and lease losses. The following table summarizes loans that have been restructured during the three and six months ended June 30, 2015 and 2014: For the Three Months Ended For the Three Months Ended June 30, 2015 June 30, 2014 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding Number of Recorded Recorded Number of Recorded Recorded Contracts Investment Investment Contracts Investment Investment (Dollars in thousands) (Dollars in thousands) Troubled Debt Restructurings: Commercial, secured by real estate 2 $1,458 $1,458 2 $1,697 $1,697 Commercial, industrial and other 2 784 784 --- --- --- 4 $2,242 $2,242 2 $1,697 $1,697 For the Six Months Ended For the Six Months Ended June 30, 2015 June 30, 2014 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding Number of Recorded Recorded Number of Recorded Recorded Contracts Investment Investment Contracts Investment Investment (Dollars in thousands) (Dollars in thousands) Troubled Debt Restructurings: Commercial, secured by real estate 2 $1,458 $1,458 2 $1,697 $1,697 Commercial, industrial and other 3 1,933 1,933 --- --- --- Leases 1 14 14 --- --- --- Real estate--construction 1 396 396 --- --- --- Home equity and consumer 1 9 9 3 335 335 8 $3,810 $3,810 5 $2,032 $2,032 The following table summarizes as of June 30, 2015 and 2014, loans that were restructured within the previous 12 months that have subsequently defaulted: For the Six Months Ended June 30, 2015 June 30, 2014 Number of Recorded Number of Recorded Contracts Investment Contracts Investment (Dollars in thousands) (Dollars in thousands) Defaulted Troubled Debt Restructurings: Real estate--residential mortgage 1 $483 1 $174 Home equity and consumer --- --- 1 235 1 $483 2 $409 Mortgages Held for Sale Residential mortgages originated by the bank and held for sale in the secondary market are carried at the lower of cost or fair market value. Fair market value is generally determined by the value of purchase commitments on individual loans. Losses are recorded as a valuation allowance and charged to earnings. As of June 30, 2015, the Company had $3.3 million in mortgages held for sale compared to $592,000 as of December 31, 2014. Other Real Estate and Other Repossessed Assets At June 30, 2015 the Company had other real estate owned and other repossessed assets of $1.0 million and $56,000, respectively. All of the other real estate owned that the Company held at June 30, 2015 was residential property acquired as a result of foreclosure proceedings or through a deed in lieu of foreclosure. At December 31, 2014, the Company had other real estate owned and other repossessed assets of $977,000 and $49,000, respectively.

Estimated Fair Value of Financi

Estimated Fair Value of Financial Instruments and Fair Value Measurement	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Estimated Fair Value of Financial Instruments and Fair Value Measurement	Note 8. Estimated Fair Value of Financial Instruments and Fair Value Measurement Fair Value Measurement Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for an asset or liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels giving the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest level priority to unobservable inputs (level 3 measurements). The following describes the three levels of fair value hierarchy: Level 1 – unadjusted quoted prices in active markets for identical assets or liabilities; includes U.S. Treasury Notes, and other U.S. Government Agency securities that actively trade in over-the-counter markets; equity securities and mutual funds that actively trade in over-the-counter markets. Level 2 – quoted prices for similar assets or liabilities in active markets; or quoted prices for identical or similar assets or liabilities in markets that are not active; or inputs other than quoted prices that are observable for the asset or liability including yield curves, volatilities, and prepayment speeds. Level 3 – unobservable inputs for the asset or liability that reflect the Company’s own assumptions about assumptions that market participants would use in the pricing of the asset or liability and that are consequently not based on market activity but upon particular valuation techniques. The Company’s assets that are measured at fair value on a recurring basis are its available for sale investment securities. The Company obtains fair values on its securities using information from a third party servicer. If quoted prices for securities are available in an active market, those securities are classified as Level 1 securities. The Company has U.S. Treasury Notes and certain equity securities that are classified as Level 1 securities. Level 2 securities were primarily comprised of U.S. Agency bonds, residential mortgage-backed securities, obligations of state and political subdivisions and corporate securities. Fair values were estimated primarily by obtaining quoted prices for similar assets in active markets or through the use of pricing models supported with market data information. Standard inputs include benchmark yields, reported trades, issuer spreads, bids and offers. On a quarterly basis, the Company reviews the pricing information received from the Company’s third party pricing service. This review includes a comparison to non-binding third-party quotes. The fair values of derivatives are based on valuation models from a third party using current market terms (including interest rates and fees), the remaining terms of the agreements and the credit worthiness of the counter party as of the measurement date (Level 2). The following table sets forth the Company’s financial assets that were accounted for at fair value on a recurring basis as of the periods presented by level within the fair value hierarchy. During the six months ended June 30, 2015, the Company did not make any transfers between any levels within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: Quoted Prices in Significant Significant Total June 30, 2015 (Level 1) (Level 2) (Level 3) Fair Value Assets: (in thousands) Investment securities, available for sale U.S. treasury and government agencies $4,892 $95,319 $--- $100,211 Mortgage backed securities --- 311,619 --- 311,619 Obligations of states and political subdivisions --- 31,088 --- 31,088 Other debt securities --- 503 --- 503 Equity securities 4,775 13,490 --- 18,265 Total securities available for sale 9,667 452,019 --- 461,686 Non-hedging interest rate derivatives --- 517 --- 517 Total Assets $9,667 $452,536 $--- $462,203 Non-hedging interest rate derivatives $--- $517 $--- $517 Total Liabilities $--- $517 $--- $517 December 31, 2014 Assets: Investment securities, available for sale U.S. treasury and government agencies $8,321 $85,599 $--- $93,920 Mortgage backed securities --- 314,931 --- 314,931 Obligations of states and political subdivisions --- 30,519 --- 30,519 Other debt securities --- 505 --- 505 Equity securities 4,154 13,420 --- 17,574 Total securities available for sale 12,475 444,974 --- 457,449 Non-hedging interest rate derivatives --- 37 --- 37 Total Assets $12,475 $445,011 $--- $457,486 Non-hedging interest rate derivatives $--- $37 $--- $37 Total Liabilities $--- $37 $--- $37 The following table sets forth the Company’s assets subject to fair value adjustments (impairment) on a nonrecurring basis. Assets are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: June 30, 2015 Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) Total Assets: (in thousands) Impaired Loans and Leases $--- $--- $26,008 $26,008 Loans held for sale --- 3,348 --- 3,348 Other real estate owned and other repossessed assets --- --- 1,078 1,078 December 31, 2014 Assets: Impaired Loans and Leases $--- $--- $25,693 $25,693 Loans held for sale --- 592 --- 592 Other real estate owned and other repossessed assets --- --- 1,026 1,026 Impaired loans are evaluated and valued at the time the loan is identified as impaired at the lower of cost or market value of the underlying collateral. Because most of Lakeland’s impaired loans are collateral dependent, fair value is generally measured based on the value of the collateral, less estimated costs to sell, securing these loans and leases and is classified at a level 3 in the fair value hierarchy. Collateral may be real estate, accounts receivable, inventory, equipment and/or other business assets. The value of the real estate is assessed based on appraisals by qualified third party licensed appraisers. The appraisers may use the sales comparison approach, the cost approach or the income approach to value the collateral using discount rates (with ranges of 5-11%) or capitalization rates (with ranges of 3-8%) to evaluate the property. The value of the equipment may be determined by an appraiser, if significant, inquiry through a recognized valuation resource, or by the value on the borrower’s financial statements. Field examiner reviews on business assets may be conducted based on the loan exposure and reliance on this type of collateral. Appraised and reported values may be adjusted based on management’s historical knowledge, changes in market conditions from the time of valuation, and/or management’s expertise and knowledge of the client and client’s business. Loans that are not collateral dependent are evaluated based on a discounted cash flow method. Impaired loans are reviewed and evaluated on at least a quarterly basis for additional impairment and adjusted accordingly, based on the same factors identified above. The Company has a held for sale loan portfolio that consists of residential mortgages that are being sold in the secondary market. The Company records these mortgages at the lower of cost or market value. Fair value is generally determined by the value of purchase commitments. Other real estate owned (OREO) and other repossessed assets, representing property acquired through foreclosure, are recorded at fair value less estimated disposal costs of the acquired property on the date of acquisition and thereafter remeasured and carried at lower of cost or fair market value. Fair value on other real estate owned is based on the appraised value of the collateral using the sales comparison approach or the income approach with discount rates or capitalization rates similar to those used in impaired loan valuation. The fair value of other repossessed assets is estimated by inquiry through recognized valuation resources. Changes in the assumptions or methodologies used to estimate fair values may materially affect the estimated amounts. Changes in economic conditions, locally or nationally, could impact the value of the estimated amounts of impaired loans, OREO and other repossessed assets. Fair Value of Certain Financial Instruments Estimated fair values have been determined by the Company using the best available data and an estimation methodology suitable for each category of financial instruments. Management is concerned that there may not be reasonable comparability between institutions due to the wide range of permitted assumptions and methodologies in the absence of active markets. This lack of uniformity gives rise to a high degree of subjectivity in estimating financial instrument fair values. The estimation methodologies used, the estimated fair values, and recorded book balances at June 30, 2015 and December 31, 2014 are outlined below. This summary, as well as the table below, excludes financial assets and liabilities for which carrying value approximates fair value. For financial assets, these include cash and cash equivalents. For financial liabilities, these include noninterest bearing demand deposits, savings and interest-bearing transaction accounts and federal funds sold and securities sold under agreements to repurchase. The estimated fair value of demand, savings and interest-bearing transaction accounts is the amount payable on demand at the reporting date. Carrying value is used because there is no stated maturity on these accounts, and the customer has the ability to withdraw the funds immediately. Also excluded from this summary and the following table are those financial instruments recorded at fair value on a recurring basis, as previously described. The fair value of Investment Securities Held to Maturity was measured using information from the same third-party servicer used for Investment Securities Available for Sale using the same methodologies discussed above. Investment Securities Held to Maturity includes $4.8 million in short-term municipal bond anticipation notes that are non-rated and do not have an active secondary market or information readily available on standard financial systems. As a result, the securities are classified as Level 3 securities. These are investments in municipalities in the Company’s market area, and management performs a credit analysis on the municipality before investing in these securities. Federal Home Loan Bank of New York (FHLB) stock is an equity interest that can be sold to the issuing FHLB, to other Federal Home Loan Banks, or to other member banks at its par value. Because ownership of these securities is restricted, they do not have a readily determinable fair value. As such, the Company’s FHLB Stock is recorded at cost or par value and is evaluated for impairment each reporting period by considering the ultimate recoverability of the investment rather than temporary declines in value. The Company’s evaluation primarily includes an evaluation of liquidity, capitalization, operating performance, commitments, and regulatory or legislative events. The net loan portfolio at June 30, 2015 and December 31, 2014 has been valued using a present value discounted cash flow where market prices were not available. The discount rate used in these calculations is the estimated current market rate adjusted for credit risk. The valuation of the Company’s loan portfolio is consistent with accounting guidance but does not fully incorporate the exit price approach. For fixed maturity certificates of deposit, fair value was estimated based on the present value of discounted cash flows using the rates currently offered for deposits of similar remaining maturities. The carrying amount of accrued interest payable approximates its fair value. The fair value of long-term debt is based upon the discounted value of contractual cash flows. The Company estimates the discount rate using the rates currently offered for similar borrowing arrangements. The fair value of subordinated debentures is based on bid/ask prices from brokers for similar types of instruments. The fair values of commitments to extend credit and standby letters of credit are estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. The fair value of guarantees and letters of credit is based on fees currently charged for similar agreements or on the estimated cost to terminate them or otherwise settle the obligations with the counterparties at the reporting date. The fair value of commitments to extend credit and standby letters of credit are deemed immaterial. The following table presents the carrying values, fair values and placement in the fair value hierarchy of the Company’s financial instruments as of June 30, 2015 and December 31, 2014: Carrying Fair Quoted Prices in Significant Significant June 30, 2015 Value Value (Level 1) (Level 2) (Level 3) Financial Instruments - Assets (in thousands) Investment securities held to maturity $123,133 $123,585 $ --- $118,762 $4,823 Federal Home Loan Bank and other membership bank stocks 12,779 12,779 --- 12,779 --- Loans and leases, net 2,724,343 2,721,370 --- --- 2,721,370 Financial Instruments - Liabilities Certificates of Deposit 306,431 306,263 --- 306,263 --- Other borrowings 262,728 268,211 --- 268,211 --- Subordinated debentures 41,238 31,753 --- --- 31,753 December 31, 2014 Financial Instruments - Assets Investment securities held to maturity $107,976 $109,030 $ --- $103,916 $5,114 Federal Home Loan Bank and other membership bank stocks 9,846 9,846 --- 9,846 --- Loans and leases, net 2,623,142 2,624,581 --- --- 2,624,581 Financial Instruments - Liabilities Certificates of Deposit 279,962 279,439 --- 279,439 --- Other borrowings 202,498 205,343 --- 205,343 --- Subordinated debentures 41,238 30,929 --- --- 30,929

Derivatives

Derivatives	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Note 9. Derivatives Lakeland is a party to interest rate derivatives that are not designated as hedging instruments. Under a program, Lakeland executes interest rate swaps with commercial lending customers to facilitate their respective risk management strategies. These interest rate swaps with customers are simultaneously offset by interest rate swaps that Lakeland executes with a third party, such that Lakeland minimizes its net risk exposure resulting from such transactions. Because the interest rate swaps associated with this program do not meet the strict hedge accounting requirements, changes in the fair value of both the customer swaps and the offsetting swaps are recognized directly in earnings. The changes in the fair value of the swaps offset each other, except for the credit risk of the counterparties, which is determined by taking into consideration the risk rating, probability of default and loss given default for all counterparties. As of June 30, 2015 and December 31, 2014, Lakeland had $511,000 and $505,000, respectively, in available for sale securities pledged for collateral on its interest rate swaps with the financial institution. The following table presents summary information regarding these derivatives for the periods presented (dollars in thousands): June 30, 2015 Average Weighted Average Weighted Average Notional Amount Maturity (Years) Fixed Rate Variable Rate Fair Value Customer interest rate swaps ($34,033 ) 12.6 4.290 % 1 Mo Libor + 2.11 $517 3rd Party interest rate swaps 34,033 12.6 4.290 % 1 Mo Libor + 2.11 (517 ) December 31, 2014 Average Weighted Average Weighted Average Notional Amount Maturity (Years) Fixed Rate Variable Rate Fair Value Customer interest rate swaps ($17,279 ) 5.7 3.840 % 1 Mo Libor + 2.21 $37 3rd party interest rate swaps 17,279 5.7 3.840 % 1 Mo Libor + 2.21 ($37 )

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Note 10. Goodwill and Intangible Assets The Company has recorded goodwill of $110.0 million at June 30, 2015 and December 31, 2014 which includes $22.9 million from the Somerset Hills acquisition in 2013 and $87.1 million from prior acquisitions. The Company reviews its goodwill and intangible assets annually, on November 30, or more frequently if conditions warrant, for impairment. In testing goodwill for impairment, the Company compares the estimated fair value of its reporting unit to its carrying amount, including goodwill. The Company has determined that it has one reporting unit, Community Banking. The Company recorded $2.7 million in core deposit intangible for the Somerset Hills acquisition. Year-to-date, it has amortized $218,000 in core deposit intangible. The estimated future amortization expense for the remainder of 2015 and for each of the succeeding five years ended December 31 is as follows (dollars in thousands): For the year ended: 2015 $ 197 2016 366 2017 316 2018 267 2019 218 2020 168

Borrowings

Borrowings	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Borrowings	Note 11. Borrowings At June 30, 2015, the Company had federal funds purchased and securities sold under agreements to repurchase of $115.0 million and $31.2 million respectively. The securities sold under agreements to repurchase are overnight sweep arrangement accounts with our customers. The Company also had $70.0 million in long-term securities sold under agreements to repurchase included in other borrowings which have maturities ranging from one to five years. All of the Company’s agreements to repurchase are accounted for as secured borrowings and are collateralized by mortgage backed securities. As of June 30, 2015, Company had $119.1 million in securities pledged for its securities sold under agreements to repurchase. At times the market values of securities collateralizing our securities sold under agreements to repurchase may decline due to changes in interest rates and may necessitate our lenders to issue a “margin call” which requires Lakeland to pledge additional collateral to meet that margin call.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2015
Subsequent Events [Abstract]
Subsequent Events	Note 12. Subsequent Events On August 3, 2015, The Company acquired and extinguished $10.0 million of Lakeland Bancorp Capital Trust IV debentures and recorded a $1.8 million gain on extinguishment of debt. The interest rate on this debenture floated at LIBOR plus 152 basis points and had a rate of 1.80% at the time of extinguishment. There are $10.0 million in Lakeland Bancorp Capital Trust IV debentures that remain outstanding. On August 3, 2015, the Company entered into an agreement and Plan of Merger (the Merger Agreement) with Pascack Bancorp, Inc., pursuant to which Pascack Bancorp will merge with and into the Company, and Pascack Bancorp’s wholly owned subsidiary, Pascack Community Bank, will merge with and into Lakeland Bank. The Merger Agreement provides that the shareholders of Pascack Bancorp will receive, at their election, for each outstanding share of Pascack Bancorp common stock that they own at the effective time of the merger or would own upon conversion of preferred stock, either 0.9576 shares of Lakeland Bancorp common stock or $11.35 in cash, subject to proration as described in the Merger Agreement, so that 90% of the aggregate merger consideration will be shares of Lakeland Bancorp common stock and 10% will be cash. Lakeland Bancorp expects to issue an aggregate of 3,314,328 shares of its common stock in the merger, and will also cash out outstanding Pascack Bancorp options. The transaction is valued at approximately $43.8 million in the aggregate, or $11.35 per share. As of June 30, 2015, Pascack Bancorp had consolidated total assets, total loans, total deposits and total stockholders’ equity of $402.7 million, $334.0 million, $304.8 million and $33.3 million, respectively. Pascack Bancorp had net income of $2.4 million for the year ended December 31, 2014. The transaction has been approved by the board of directors of each of Lakeland Bancorp and Pascack Bancorp. Subject to approval of the shareholders of Pascack Bancorp, regulatory approvals and other customary closing conditions, the Company anticipates completing the merger in the fourth quarter of 2015.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2015
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Note 13. Recent Accounting Pronouncements In May 2015, the Financial Accounting Standards Board (FASB) issued an accounting standards update clarifying how investments valued using the net asset value practical expedient within the fair value hierarchy should be classified. The accounting standards update was issued to address diversity in practice by exempting investments measured using the net asset value expedient from categorization in the fair value hierarchy. This accounting standards update is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In April 2015, the FASB issued an accounting standards update requiring that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of the debt liability consistent with the presentation of debt discounts. The purpose of this update is to simplify the presentation of debt issuance costs and to align the US GAAP presentation of debt more closely with international accounting standards. This amendment is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In January 2015, the FASB issued an accounting standards update regarding the elimination of the concept of the extraordinary items from the statement of operations. The purpose of this update is to simplify the statement of operations presentation and to align the US GAAP income statement more closely with international accounting standards. This update is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In June 2014, the FASB issued an accounting standards update regarding share –based payments that requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. This update is effective for interim and annual periods beginning after December 15, 2015. The amendments can be applied prospectively to all awards granted or modified after the effective date or retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented and to all new or modified awards thereafter. Early adoption is permitted. The Company has determined that adoption of this update is not expected to have a material impact on its accounting and disclosures. In June 2014, the FASB issued an accounting standards update that aligns the accounting for repurchase to maturity transactions and repurchase agreements executed as a repurchase financing with the accounting for other typical repurchase agreements. Going forward, these transactions would all be accounted for as secured borrowings. This update is effective for the first interim or annual period beginning after December 15, 2014. In addition, the disclosure of certain transactions accounted for as a sale is effective for the first interim or annual period beginning on or after December 15, 2014, and the disclosure for transactions accounted for as secured borrowings is required for annual periods beginning after December 15, 2014, and interim periods after March 15, 2015. The Company adopted this update in 2015. The disclosures required by this update are contained in Note 11. The Company does not engage in repurchase to maturity transactions, and therefore the adoption of this update did not have a material impact on the Company’s financial results. In May 2014, the FASB issued an accounting standards update that clarifies the principles for recognizing revenue. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to a customer in an amount that reflects the consideration to which the entity expects to be entitled in exchange for these goods or services. This guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. The Company is still evaluating the potential impact on the Company’s financial statements. In January 2014, the FASB issued an accounting standards update to clarify when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan should be derecognized and the real estate recognized. These amendments clarify that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either: (a) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure; or (b) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. This update is effective for annual periods and interim periods within those annual periods beginning after December 15, 2014. The Company adopted this update in the first quarter of 2015, and the disclosures required are included in Note 7. The adoption of this update did not have a material impact on the Company’s financial statements.

Significant Accounting Polici21

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation. This quarterly report presents the consolidated financial statements of Lakeland Bancorp, Inc. (the Company) and its subsidiary, Lakeland Bank (Lakeland). The accounting and reporting policies of the Company conform with accounting principles generally accepted in the United States of America (U.S. GAAP) and predominant practices within the banking industry. The Company’s unaudited interim financial statements reflect all adjustments, such as normal recurring accruals that are, in the opinion of management, necessary for the fair presentation of the results of the interim periods. The results of operations for the six months ended June 30, 2015 do not necessarily indicate the results that the Company will achieve for all of 2015. You should read these interim financial statements in conjunction with the audited consolidated financial statements and accompanying notes that are presented in the Lakeland Bancorp, Inc. Annual Report on Form 10-K for the year ended December 31, 2014. On May 21, 2014, the Company’s Board of Directors authorized a 5% stock dividend which was distributed on June 17, 2014 to holders of record as of June 3, 2014. All weighted average, actual share and per share information set forth in this Quarterly Report on Form 10-Q have been adjusted retroactively for the effects of the stock dividend. The financial information in this quarterly report has been prepared in accordance with the Company’s customary accounting practices. Certain information and footnote disclosures required under U.S. GAAP have been condensed or omitted, as permitted by rules and regulations of the Securities and Exchange Commission. Certain reclassifications have been made to prior period financial statements to conform to the 2015 presentation.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2015, the Financial Accounting Standards Board (FASB) issued an accounting standards update clarifying how investments valued using the net asset value practical expedient within the fair value hierarchy should be classified. The accounting standards update was issued to address diversity in practice by exempting investments measured using the net asset value expedient from categorization in the fair value hierarchy. This accounting standards update is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In April 2015, the FASB issued an accounting standards update requiring that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of the debt liability consistent with the presentation of debt discounts. The purpose of this update is to simplify the presentation of debt issuance costs and to align the US GAAP presentation of debt more closely with international accounting standards. This amendment is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In January 2015, the FASB issued an accounting standards update regarding the elimination of the concept of the extraordinary items from the statement of operations. The purpose of this update is to simplify the statement of operations presentation and to align the US GAAP income statement more closely with international accounting standards. This update is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In June 2014, the FASB issued an accounting standards update regarding share –based payments that requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. This update is effective for interim and annual periods beginning after December 15, 2015. The amendments can be applied prospectively to all awards granted or modified after the effective date or retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented and to all new or modified awards thereafter. Early adoption is permitted. The Company has determined that adoption of this update is not expected to have a material impact on its accounting and disclosures. In June 2014, the FASB issued an accounting standards update that aligns the accounting for repurchase to maturity transactions and repurchase agreements executed as a repurchase financing with the accounting for other typical repurchase agreements. Going forward, these transactions would all be accounted for as secured borrowings. This update is effective for the first interim or annual period beginning after December 15, 2014. In addition, the disclosure of certain transactions accounted for as a sale is effective for the first interim or annual period beginning on or after December 15, 2014, and the disclosure for transactions accounted for as secured borrowings is required for annual periods beginning after December 15, 2014, and interim periods after March 15, 2015. The Company adopted this update in 2015. The disclosures required by this update are contained in Note 11. The Company does not engage in repurchase to maturity transactions, and therefore the adoption of this update did not have a material impact on the Company’s financial results. In May 2014, the FASB issued an accounting standards update that clarifies the principles for recognizing revenue. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to a customer in an amount that reflects the consideration to which the entity expects to be entitled in exchange for these goods or services. This guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. The Company is still evaluating the potential impact on the Company’s financial statements. In January 2014, the FASB issued an accounting standards update to clarify when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan should be derecognized and the real estate recognized. These amendments clarify that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either: (a) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure; or (b) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. This update is effective for annual periods and interim periods within those annual periods beginning after December 15, 2014. The Company adopted this update in the first quarter of 2015, and the disclosures required are included in Note 7. The adoption of this update did not have a material impact on the Company’s financial statements.

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Option Activity under the Company's Stock Option Plans	Option activity under the Company’s stock option plans is as follows: Weighted Number of Weighted average Aggregate Outstanding, January 1, 2015 311,705 $9.69 $681,861 Issued --- --- Exercised (15,500 ) 7.30 Forfeited (3,462 ) 12.28 Expired --- --- Outstanding, June 30, 2015 292,743 $9.78 3.76 $653,340 Options exercisable at June 30, 2015 271,743 $9.80 3.43 $601,293
Summary of Company's Restricted Stock	Information regarding the Company’s restricted stock and changes during the six months ended June 30, 2015 is as follows: Number of Weighted Outstanding, January 1, 2015 160,284 $9.21 Granted --- --- Vested (86,470 ) 9.11 Forfeited (88 ) 9.39 Outstanding, June 30, 2015 73,726 $9.32 Information regarding the Company’s RSUs (all unvested) and changes during the six months ended June 30, 2015 is as follows: Number of Weighted Outstanding, January 1, 2015 98,535 $ 10.64 Granted 129,509 11.06 Vested (25,566 ) 11.02 Forfeited (515 ) 10.74 Outstanding, June 30, 2015 201,963 $ 10.86

Comprehensive Income (Tables)

Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Components of Other Comprehensive Income	The components of other comprehensive income are as follows: June 30, 2015 June 30, 2014 Before Tax Benefit Net of Before Tax Benefit Net of For the quarter ended: tax amount (Expense) tax amount tax amount (Expense) tax amount (in thousands) (in thousands) Net unrealized gains on available for sale securities Net unrealized holding gains (losses) arising during period ($3,466 ) $1,289 ($2,177 ) $4,325 ($1,528 ) $2,797 Reclassification adjustment for net gains arising during the period (26 ) 9 (17 ) --- --- --- Net unrealized gains (losses) ($3,492 ) $1,298 ($2,194 ) $4,325 ($1,528 ) $2,797 Change in minimum pension liability 8 (3 ) 5 8 (3 ) 5 Other comprehensive income (loss), net ($3,484 ) $1,295 ($2,189 ) $4,333 ($1,531 ) $2,802 Before Tax Benefit Net of Before Tax Benefit Net of For the six months ended: tax amount (Expense) tax amount tax amount (Expense) tax amount (in thousands) (in thousands) Net unrealized gains on available for sale securities Net unrealized holding gains arising during period $759 ($261 ) $498 $9,040 ($3,255 ) $5,785 Reclassification adjustment for net gains arising during the period (26 ) 9 (17 ) (3 ) 1 (2 ) Net unrealized gains $733 ($252 ) $481 $9,037 ($3,254 ) $5,783 Change in minimum pension liability 16 (6 ) 10 16 (6 ) 10 Other comprehensive income, net $749 ($258 ) $491 $9,053 ($3,260 ) $5,793
Summary of Changes in Accumulated Other Comprehensive Income	The following table shows the changes in the balances of each of the components of other comprehensive income for the periods presented: Changes in Accumulated Other Comprehensive Income by Component (a) For the Three Months Ended For the Three Months Ended June 30, 2015 June 30, 2014 Unrealized Unrealized Gains Gains on (Losses) on Available-for-sale Available-for-sale Securities Pension Items Total Securities Pension Items Total Beginning Balance $4,206 ($3 ) $4,203 ($1,661 ) ($23 ) ($1,684 ) (in thousands) Other comprehensive income (loss) before classifications (2,177 ) 5 (2,172 ) 2,797 5 2,802 Amounts reclassified from accumulated other comprehensive income (17 ) --- (17 ) --- --- --- Net current period other comprehensive income (loss) (2,194 ) 5 (2,189 ) 2,797 5 2,802 Ending balance $2,012 $2 $2,014 $1,136 ($18 ) $1,118 (a) All amounts are net of tax. Changes in Accumulated Other Comprehensive Income by Component (a) For the Six Months Ended For the Six Months Ended June 30, 2015 June 30, 2014 Unrealized Gains Unrealized Gains and Losses on and Losses on Available-for-sale Available-for-sale Securities Pension Items Total Securities Pension Items Total Beginning Balance $1,531 ($8 ) $1,523 ($4,647 ) ($28 ) ($4,675 ) (in thousands) Other comprehensive income before classifications 498 10 508 5,785 10 5,795 Amounts reclassified from accumulated other comprehensive income (17 ) --- (17 ) (2 ) --- (2 ) Net current period other comprehensive income 481 10 491 5,783 10 5,793 Ending balance $2,012 $2 $2,014 $1,136 ($18 ) $1,118 (a) All amounts are net of tax.

Statement of Cash Flow Inform24

Statement of Cash Flow Information, Supplemental Information (Tables)	6 Months Ended
	Jun. 30, 2015
Supplemental Cash Flow Elements [Abstract]
Supplemental Schedule of Noncash Investing and Financing Activities	For the Six Months Ended 2015 2014 Supplemental schedule of noncash investing and financing activities: (in thousands) Cash paid during the period for income taxes $7,645 $6,657 Cash paid during the period for interest 5,016 4,225 Transfer of loans and leases into other repossessed assets and other real estate owned 760 722

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following schedule shows the Company’s earnings per share for the periods presented: For the Three Months Ended For the Six Months Ended June 30, June 30, (In thousands, except per share data) 2015 2014 2015 2014 Net income available to common shareholders $7,862 $7,781 $16,192 $14,944 Less: earnings allocated to participating securities 68 62 120 97 Net income allocated to common shareholders $7,794 $7,719 $16,072 $14,847 Weighted average number of common shares outstanding - basic (1) 37,854 37,740 37,827 37,711 Share-based plans (1) 134 110 134 117 Weighted average number of common shares - diluted (1) 37,988 37,850 37,961 37,828 Basic earnings per share $0.21 $0.20 $0.42 $0.39 Diluted earnings per share $0.21 $0.20 $0.42 $0.39 (1) Adjusted for 5% stock dividend distributed June 17, 2014 to shareholders of record on June 3, 2014 .

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Reconciliation of Available-for-Sale Securities	AVAILABLE FOR SALE June 30, 2015 December 31, 2014 Amortized Gross Gross Fair Amortized Gross Gross Fair (in thousands) (in thousands) U.S. treasury and U.S. government agencies $100,385 $419 $(593 ) $100,211 $94,466 $261 $(807 ) $93,920 Mortgage-backed securities, residential 300,443 2,771 (1,815 ) 301,399 309,162 2,868 (2,075 ) 309,955 Mortgage-backed securities, multifamily 10,277 11 (68 ) 10,220 4,973 3 --- 4,976 Obligations of states and political subdivisions 30,597 723 (232 ) 31,088 29,764 888 (133 ) 30,519 Other debt securities 496 7 --- 503 494 11 --- 505 Equity securities 16,361 2,145 (241 ) 18,265 16,196 1,589 (211 ) 17,574 $458,559 $6,076 $(2,949 ) $461,686 $455,055 $5,620 $(3,226 ) $457,449
Reconciliation of Held-to-Maturity Securities	HELD TO MATURITY June 30, 2015 December 31, 2014 Gross Gross Gross Gross Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair Cost Gains Losses Value Cost Gains Losses Value (in thousands) (in thousands) U.S. government agencies $35,509 $317 $(164 ) $35,662 $20,477 $232 $(84 ) $20,625 Mortgage-backed securities, residential 38,950 564 (372 ) 39,142 42,309 645 (385 ) 42,569 Mortgage-backed securities, multifamily 2,209 --- (63 ) 2,146 2,259 --- (60 ) 2,199 Obligations of states and political subdivisions 44,940 434 (379 ) 44,995 41,401 658 (90 ) 41,969 Other debt securities 1,525 115 --- 1,640 1,530 138 --- 1,668 $123,133 $1,430 $(978 ) $123,585 $107,976 $1,673 $(619 ) $109,030
Summary of Contractual Maturities of Investment Securities Classified as Available for Sale and Held to Maturity	The following table shows investment securities by stated maturity. Securities backed by mortgages have expected maturities that differ from contractual maturities because borrowers have the right to call or prepay, and are, therefore, classified separately with no specific maturity date (in thousands): June 30, 2015 Available for Sale Held to Maturity Amortized Fair Amortized Fair Cost Value Cost Value Due in one year or less $3,312 $3,362 $6,345 $6,357 Due after one year through five years 85,465 85,836 12,108 12,462 Due after five years through ten years 41,319 41,272 56,707 56,749 Due after ten years 1,382 1,332 6,814 6,729 131,478 131,802 81,974 82,297 Mortgage-backed securities 310,720 311,619 41,159 41,288 Equity securities 16,361 18,265 --- --- Total securities $458,559 $461,686 $123,133 $123,585
Sales of Securities, Gross Gains and Gross Losses on Sales of Securities	The following table shows proceeds from sales of securities, gross gains and gross losses on sales or calls of securities and other than temporary impairments for the periods indicated (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2015 2014 2015 2014 Sale proceeds $11,472 $17,020 $11,472 $17,020 Gross gains 28 340 28 346 Gross losses (11 ) (340 ) (11 ) (344 )
Reconciliation of Available-for-Sale and Held-to-Maturity Securities in Continuous Unrealized Loss Position	The following table indicates the length of time individual securities have been in a continuous unrealized loss position at June 30, 2015 and December 31, 2014: June 30, 2015 Less than 12 months 12 months or longer Total Unrealized Unrealized Number of Unrealized AVAILABLE FOR SALE Fair value Losses Fair value Losses securities Fair value Losses (dollars in thousands) U.S. treasury and U.S. government agencies $ 60,180 $ 571 $ 3,978 $ 22 13 $ 64,158 $ 593 Mortgage-backed securities, residential 78,644 537 54,895 1,278 37 133,539 1,815 Mortgage-backed securities, multifamily 5,235 68 --- --- 1 5,235 68 Obligations of states and political subdivisions 6,852 139 1,436 93 17 8,288 232 Equity securities --- --- 4,868 241 2 4,868 241 $ 150,911 $ 1,315 $ 65,177 $ 1,634 70 $ 216,088 $ 2,949 HELD TO MATURITY U.S. government agencies $ 15,688 $ 164 $ --- $ --- 3 $ 15,688 $ 164 Mortgage-backed securities, residential 16,372 189 7,382 183 9 23,754 372 Mortgage-backed securities, multifamily 1,259 12 887 51 2 2,146 63 Obligations of states and political subdivisions 16,594 325 1,599 54 29 18,193 379 $ 49,913 $ 690 $ 9,868 $ 288 43 $ 59,781 $ 978 December 31, 2014 Less than 12 months 12 months or longer Total Unrealized Unrealized Number of Unrealized AVAILABLE FOR SALE Fair value Losses Fair value Losses securities Fair value Losses (dollars in thousands) U.S. government agencies $ 5,057 $ 28 $ 46,135 $ 779 11 $ 51,192 $ 807 Mortgage-backed securities, residential 34,832 177 74,414 1,898 28 109,246 2,075 Obligations of states and political subdivisions 1,266 29 5,033 104 12 6,299 133 Other debt securities --- --- --- --- --- --- --- Equity securities --- --- 4,819 211 2 4,819 211 $ 41,155 $ 234 $ 130,401 $ 2,992 53 $ 171,556 $ 3,226 HELD TO MATURITY U.S. government agencies $ --- $ --- $ 5,736 $ 84 1 $ 5,736 $ 84 Mortgage-backed securities, residential 6,236 50 17,557 335 8 23,793 385 Mortgage-backed securities, multifamily --- --- 2,199 60 2 2,199 60 Obligations of states and political subdivisions 1,290 7 4,206 83 13 5,496 90 $ 7,526 $ 57 $ 29,698 $ 562 24 $ 37,224 $ 619

Loans, Leases and Other Real 27

Loans, Leases and Other Real Estate (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Composition of Lakeland`s Loan and Lease Portfolio	The following sets forth the composition of Lakeland’s loan and lease portfolio as of June 30, 2015 and December 31, 2014: June 30, December 31, 2015 2014 (in thousands) Commercial, secured by real estate $1,613,011 $1,529,761 Commercial, industrial and other 262,617 238,252 Leases 53,798 54,749 Real estate-residential mortgage 414,339 431,190 Real estate-construction 82,265 64,020 Home equity and consumer 330,664 337,642 Total loans 2,756,694 2,655,614 Less: deferred fees (2,177 ) (1,788 ) Loans, net of deferred fees $2,754,517 $2,653,826
Company's Non-Performing Assets and its Accruing Troubled Debt Restructurings	The following schedule sets forth certain information regarding the Company’s non-performing assets and its accruing troubled debt restructurings: June 30, December 31, (in thousands) 2015 2014 Commercial, secured by real estate $5,307 $7,424 Commercial, industrial and other 1,354 308 Leases 79 88 Real estate - residential mortgage 9,098 9,246 Real estate - construction --- 188 Home equity and consumer 3,143 3,415 Total non-accrual loans and leases $18,981 $20,669 Other real estate and other repossessed assets 1,078 1,026 TOTAL NON-PERFORMING ASSETS $20,059 $21,695 Troubled debt restructurings, still accruing $12,419 $10,579
Age Analysis of Past Due Loans, Segregated by Class of Loans	An age analysis of past due loans, segregated by class of loans as of June 30, 2015 and December 31, 2014, is as follows: June 30, 2015 30-59 Days Past Due 60-89 Days Past Due Greater 89 Days Total Past Due Current Total and Leases Recorded still accruing (in thousands) Commercial, secured by real estate $ 2,712 $ 3,055 $ 4,264 $ 10,031 $ 1,602,980 $ 1,613,011 $ - Commercial, industrial and other 307 859 224 1,390 261,227 262,617 - Leases 175 51 79 305 53,493 53,798 - Real estate--residential mortgage 993 216 8,125 9,334 405,005 414,339 47 Real estate--construction - - - - 82,265 82,265 - Home equity and consumer 1,156 352 2,574 4,082 326,582 330,664 55 $ 5,343 $ 4,533 $ 15,266 $ 25,142 $ 2,731,552 $ 2,756,694 $ 102 December 31, 2014 Commercial, secured by real estate $ 2,714 $ 2,999 $ 5,972 $ 11,685 $ 1,518,076 $ 1,529,761 $ - Commercial, industrial and other 944 2 308 1,254 236,998 238,252 - Leases 108 24 88 220 54,529 54,749 - Real estate--residential mortgage 3,325 354 6,710 10,389 420,801 431,190 - Real estate--construction 224 - 188 412 63,608 64,020 - Home equity and consumer 1,583 598 2,951 5,132 332,510 337,642 66 $ 8,898 $ 3,977 $ 16,217 $ 29,092 $ 2,626,522 $ 2,655,614 $ 66
Impaired Loans with and without Specific Allowances	Impaired loans as of June 30, 2015, June 30, 2014 and December 31, 2014 are as follows: June 30, 2015 Recorded Contractual Specific Interest Average (in thousands) Loans without specific allowance: Commercial, secured by real estate $12,178 $13,210 $- $203 $13,001 Commercial, industrial and other 2,015 3,404 - 10 661 Real estate-residential mortgage 2,329 2,329 - - 2,100 Real estate-construction - - - - 99 Home equity and consumer 764 764 - - 752 Loans with specific allowance: Commercial, secured by real estate 5,466 5,487 346 114 5,430 Commercial, industrial and other 1,082 1,082 42 11 442 Leases 11 11 11 - 6 Real estate-residential mortgage 728 728 63 19 742 Real estate-construction 391 391 1 5 242 Home equity and consumer 1,044 1,044 809 32 1,230 Total: Commercial, secured by real estate $17,644 $18,697 $346 $317 $18,431 Commercial, industrial and other 3,097 4,486 42 21 1,103 Leases 11 11 11 - 6 Real estate--residential mortgage 3,057 3,057 63 19 2,842 Real estate-construction 391 391 1 5 341 Home equity and consumer 1,808 1,808 809 32 1,982 $26,008 $28,450 $1,272 $394 $24,705 June 30, 2014 Recorded Contractual Specific Interest Average (in thousands) Loans without specific allowance: Commercial, secured by real estate $15,564 $16,445 $- $205 $15,170 Commercial, industrial and other 542 923 - 42 1,850 Real estate-residential mortgage 255 304 - - 276 Real estate-construction 465 2,411 - - 483 Home equity and consumer - - - - - Loans with specific allowance: Commercial, secured by real estate 4,023 4,179 285 87 4,418 Commercial, industrial and other 151 151 5 4 183 Real estate-residential mortgage - - - - - Real estate-construction - - - - - Home equity and consumer 1,267 1,283 493 30 1,219 Total: Commercial, secured by real estate $19,587 $20,624 $285 $292 $19,588 Commercial, industrial and other 693 1,074 5 46 2,033 Real estate--residential mortgage 255 304 - - 276 Real estate-construction 465 2,411 - - 483 Home equity and consumer 1,267 1,283 493 30 1,219 $22,267 $25,696 $783 $368 $23,599 December 31, 2014 Recorded Contractual Specific Interest Average (in thousands) Loans without specific allowance: Commercial, secured by real estate $14,172 $15,520 $- $436 $16,092 Commercial, industrial and other 327 1,697 - 43 1,513 Real estate-residential mortgage 1,681 1,681 - - 308 Real estate-construction 188 552 - - 464 Home equity and consumer 741 741 - 7 153 Loans with specific allowance: Commercial, secured by real estate 5,666 5,818 634 156 3,858 Commercial, industrial and other 425 425 10 9 342 Real estate-residential mortgage 1,238 1,238 217 19 438 Real estate-construction - - - - - Home equity and consumer 1,255 1,255 1,031 41 975 Total: Commercial, secured by real estate $19,838 $21,338 $634 $592 $19,950 Commercial, industrial and other 752 2,122 10 52 1,855 Real estate--residential mortgage 2,919 2,919 217 19 746 Real estate-construction 188 552 - - 464 Home equity and consumer 1,996 1,996 1,031 48 1,128 $25,693 $28,927 $1,892 $711 $24,143
Company's Commercial Loan Portfolio	The following table shows the Company’s commercial loan portfolio as of June 30, 2015 and December 31, 2014, by the risk ratings discussed above (in thousands): June 30, 2015 Commercial, Commercial, secured by industrial Real estate- Risk Rating real estate and other construction 1 $--- $1,543 $--- 2 --- 9,845 --- 3 65,458 51,222 --- 4 542,648 90,047 10,866 5 871,014 77,814 66,877 5W - Watch 51,083 13,349 113 6 - Other Assets Especially Mentioned 38,173 5,330 1,996 7 - Substandard 44,635 13,467 2,413 8 - Doubtful --- - --- 9 - Loss --- - --- Total $1,613,011 $262,617 $82,265 December 31, 2014 Commercial, Commercial, secured by industrial Real estate- Risk Rating real estate and other construction 1 $--- $1,040 $--- 2 --- 8,755 --- 3 69,243 30,386 --- 4 479,667 91,836 7,527 5 867,023 69,723 51,833 5W - Watch 40,991 15,572 225 6 - Other Assets Especially Mentioned 27,764 8,057 2,710 7 - Substandard 45,073 12,883 1,725 8 - Doubtful --- --- --- 9 - Loss --- --- --- Total $1,529,761 $238,252 $64,020
Allowance for Loan and Lease Losses by Portfolio Segment	The following table details activity in the allowance for loan and lease losses by portfolio segment for the three and six months ended June 30, 2015 and 2014: Three Months Ended June 30, 2015 Commercial, Commercial, Leases Real estate- Real estate- Home Unallocated Total (in thousands) Beginning Balance $12,560 $3,307 $1,038 $3,298 $637 $6,924 $2,741 $30,505 Charge-offs (805 ) (64 ) (102 ) (89 ) - (415 ) - (1,475) Recoveries 325 42 - 2 6 29 - 404 Provision 1,839 (417 ) 18 (195 ) 82 (619 ) 32 740 Ending Balance $13,919 $2,868 $954 $3,016 $725 $5,919 $2,773 $30,174 Three Months Ended June 30, 2014 Commercial, Commercial, Leases Real estate- Real estate- Home Unallocated Total (in thousands) Beginning Balance $14,135 $5,506 $460 $2,968 $483 $2,612 $3,356 $29,520 Charge-offs (144 ) (599 ) (126 ) (354 ) (25 ) (483 ) - (1,731) Recoveries 320 88 - 3 1 72 - 484 Provision (269 ) (1,394 ) 320 1,614 77 1,910 (665 ) 1,593 Ending Balance $14,042 $3,601 $654 $4,231 $536 $4,111 $2,691 $29,866 Six Months Ended June 30, 2015 Commercial, Commercial, Leases Real estate- Real estate- Home Unallocated Total (in thousands) Beginning Balance $13,577 $3,196 $582 $4,020 $553 $6,333 $2,423 $30,684 Charge-offs (1,351 ) (74 ) (529 ) (106 ) (20 ) (676 ) - (2,756) Recoveries 364 84 20 3 106 59 - 636 Provision 1,329 (338 ) 881 (901 ) 86 203 350 1,610 Ending Balance $13,919 $2,868 $954 $3,016 $725 $5,919 $2,773 $30,174 Six Months Ended June 30, 2014 Commercial, Commercial, Leases Real estate- Real estate- Home Unallocated Total (in thousands) Beginning Balance $14,463 $5,331 $504 $3,214 $542 $2,737 3,030 29,821 Charge-offs (1,791 ) (612 ) (165 ) (509 ) (25 ) (1,084 ) - (4,186) Recoveries 354 679 - 9 1 106 - 1,149 Provision 1,016 (1,797 ) 315 1,517 18 2,352 (339 ) 3,082 Ending Balance $14,042 $3,601 $654 $4,231 $536 $4,111 $2,691 $29,866
Loans Receivable Summarized by Portfolio Segment and Impairment Method	Loans receivable summarized by portfolio segment and impairment method are as follows: At June 30, 2015 Commercial, Commercial, Leases Real estate- Real estate- Home Total Ending Balance: Individually (in thousands) evaluated for impairment $17,644 $3,097 $11 $3,057 $391 $1,808 $26,008 Ending Balance: Collectively evaluated for impairment 1,595,367 259,520 53,787 411,282 81,874 328,856 $2,730,686 Ending Balance (1) $1,613,011 $262,617 $53,798 $414,339 $82,265 $330,664 $2,756,694 (1) Excludes deferred fees Commercial, Commercial, Leases Real estate- Real estate- Home Total At December 31, 2014 (in thousands) Ending Balance: Individually evaluated for impairment $19,838 $752 $- $2,919 $188 $1,996 $25,693 Ending Balance: Collectively evaluated for impairment 1,509,923 237,500 54,749 428,271 63,832 335,646 $2,629,921 Ending Balance(1) $1,529,761 $238,252 $54,749 $431,190 $64,020 $337,642 $2,655,614 (1) Excludes deferred fees
Allowance for Loan Losses Summarized by Portfolio Segment and Impairment Classification	The allowance for loan and lease losses is summarized by portfolio segment and impairment classification as follows: At June 30, 2015 Commercial, Commercial, Leases Real estate- Real estate- Home Unallocated Total (in thousands) Ending Balance: Individually evaluated for impairment $346 $42 $11 $63 $1 $809 $--- $1,272 Ending Balance: Collectively evaluated for impairment 13,573 2,826 943 2,953 724 5,110 2,773 $28,902 Ending Balance $13,919 $2,868 $954 $3,016 $725 $5,919 $2,773 $30,174 At December 31, 2014 Commercial, Commercial, Leases Real estate- Real estate- Home Unallocated Total (in thousands) Ending Balance: Individually evaluated for impairment $634 $10 $- $217 $- $1,031 $- $1,892 Ending Balance: Collectively evaluated for impairment 12,943 3,186 582 3,803 553 5,302 2,423 $28,792 Ending Balance $13,577 $3,196 $582 $4,020 $553 $6,333 $2,423 $30,684
Summary of Restructured Loans	The following table summarizes loans that have been restructured during the three and six months ended June 30, 2015 and 2014: For the Three Months Ended For the Three Months Ended June 30, 2015 June 30, 2014 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding Number of Recorded Recorded Number of Recorded Recorded Contracts Investment Investment Contracts Investment Investment (Dollars in thousands) (Dollars in thousands) Troubled Debt Restructurings: Commercial, secured by real estate 2 $1,458 $1,458 2 $1,697 $1,697 Commercial, industrial and other 2 784 784 --- --- --- 4 $2,242 $2,242 2 $1,697 $1,697 For the Six Months Ended For the Six Months Ended June 30, 2015 June 30, 2014 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding Number of Recorded Recorded Number of Recorded Recorded Contracts Investment Investment Contracts Investment Investment (Dollars in thousands) (Dollars in thousands) Troubled Debt Restructurings: Commercial, secured by real estate 2 $1,458 $1,458 2 $1,697 $1,697 Commercial, industrial and other 3 1,933 1,933 --- --- --- Leases 1 14 14 --- --- --- Real estate--construction 1 396 396 --- --- --- Home equity and consumer 1 9 9 3 335 335 8 $3,810 $3,810 5 $2,032 $2,032
Summary of Restructured Loans within Previous 12 Months that have Subsequently Defaulted	The following table summarizes as of June 30, 2015 and 2014, loans that were restructured within the previous 12 months that have subsequently defaulted: For the Six Months Ended June 30, 2015 June 30, 2014 Number of Recorded Number of Recorded Contracts Investment Contracts Investment (Dollars in thousands) (Dollars in thousands) Defaulted Troubled Debt Restructurings: Real estate--residential mortgage 1 $483 1 $174 Home equity and consumer --- --- 1 235 1 $483 2 $409

Estimated Fair Value of Finan28

Estimated Fair Value of Financial Instruments and Fair Value Measurement (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value of Financial Assets and Liabilities Measured on Recurring Basis	Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: Quoted Prices in Significant Significant Total June 30, 2015 (Level 1) (Level 2) (Level 3) Fair Value Assets: (in thousands) Investment securities, available for sale U.S. treasury and government agencies $4,892 $95,319 $--- $100,211 Mortgage backed securities --- 311,619 --- 311,619 Obligations of states and political subdivisions --- 31,088 --- 31,088 Other debt securities --- 503 --- 503 Equity securities 4,775 13,490 --- 18,265 Total securities available for sale 9,667 452,019 --- 461,686 Non-hedging interest rate derivatives --- 517 --- 517 Total Assets $9,667 $452,536 $--- $462,203 Non-hedging interest rate derivatives $--- $517 $--- $517 Total Liabilities $--- $517 $--- $517 December 31, 2014 Assets: Investment securities, available for sale U.S. treasury and government agencies $8,321 $85,599 $--- $93,920 Mortgage backed securities --- 314,931 --- 314,931 Obligations of states and political subdivisions --- 30,519 --- 30,519 Other debt securities --- 505 --- 505 Equity securities 4,154 13,420 --- 17,574 Total securities available for sale 12,475 444,974 --- 457,449 Non-hedging interest rate derivatives --- 37 --- 37 Total Assets $12,475 $445,011 $--- $457,486 Non-hedging interest rate derivatives $--- $37 $--- $37 Total Liabilities $--- $37 $--- $37
Fair Value of Financial Assets Measured on Nonrecurring Basis	The following table sets forth the Company’s assets subject to fair value adjustments (impairment) on a nonrecurring basis. Assets are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: June 30, 2015 Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) Total Assets: (in thousands) Impaired Loans and Leases $--- $--- $26,008 $26,008 Loans held for sale --- 3,348 --- 3,348 Other real estate owned and other repossessed assets --- --- 1,078 1,078 December 31, 2014 Assets: Impaired Loans and Leases $--- $--- $25,693 $25,693 Loans held for sale --- 592 --- 592 Other real estate owned and other repossessed assets --- --- 1,026 1,026
Carrying Values and Fair Values of Company's Financial Instruments	The following table presents the carrying values, fair values and placement in the fair value hierarchy of the Company’s financial instruments as of June 30, 2015 and December 31, 2014: Carrying Fair Quoted Prices in Significant Significant June 30, 2015 Value Value (Level 1) (Level 2) (Level 3) Financial Instruments - Assets (in thousands) Investment securities held to maturity $123,133 $123,585 $ --- $118,762 $4,823 Federal Home Loan Bank and other membership bank stocks 12,779 12,779 --- 12,779 --- Loans and leases, net 2,724,343 2,721,370 --- --- 2,721,370 Financial Instruments - Liabilities Certificates of Deposit 306,431 306,263 --- 306,263 --- Other borrowings 262,728 268,211 --- 268,211 --- Subordinated debentures 41,238 31,753 --- --- 31,753 December 31, 2014 Financial Instruments - Assets Investment securities held to maturity $107,976 $109,030 $ --- $103,916 $5,114 Federal Home Loan Bank and other membership bank stocks 9,846 9,846 --- 9,846 --- Loans and leases, net 2,623,142 2,624,581 --- --- 2,624,581 Financial Instruments - Liabilities Certificates of Deposit 279,962 279,439 --- 279,439 --- Other borrowings 202,498 205,343 --- 205,343 --- Subordinated debentures 41,238 30,929 --- --- 30,929

Derivatives (Tables)

Derivatives (Tables)	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary Information Regarding Derivatives	The following table presents summary information regarding these derivatives for the periods presented (dollars in thousands): June 30, 2015 Average Weighted Average Weighted Average Notional Amount Maturity (Years) Fixed Rate Variable Rate Fair Value Customer interest rate swaps ($34,033 ) 12.6 4.290 % 1 Mo Libor + 2.11 $517 3rd Party interest rate swaps 34,033 12.6 4.290 % 1 Mo Libor + 2.11 (517 ) December 31, 2014 Average Weighted Average Weighted Average Notional Amount Maturity (Years) Fixed Rate Variable Rate Fair Value Customer interest rate swaps ($17,279 ) 5.7 3.840 % 1 Mo Libor + 2.21 $37 3rd party interest rate swaps 17,279 5.7 3.840 % 1 Mo Libor + 2.21 ($37 )

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Estimated Future Amortization Expense	The estimated future amortization expense for the remainder of 2015 and for each of the succeeding five years ended December 31 is as follows (dollars in thousands): For the year ended: 2015 $ 197 2016 366 2017 316 2018 267 2019 218 2020 168

Significant Accounting Polici31

Significant Accounting Policies - Additional Information (Detail)	May. 21, 2014	Jun. 30, 2015
Accounting Policies [Abstract]
Percentage of common stock dividend declared	5.00%
Common stock dividend, authorization date		May 21, 2014
Common stock dividend, distribution date		Jun. 17, 2014
Common stock dividend, record date		Jun. 3, 2014

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 912,000	$ 638,000
Stock options granted	0
Aggregate intrinsic value of options exercised	$ 63,000	42,000
Cash receipts due to exercise of stock options	113,000	$ 86,000
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 67,000
Unrecognized compensation expense, period of recognition	1 year 10 months 24 days
Stock options granted	0	0
RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 1,500,000
Unrecognized compensation expense, period of recognition	1 year 8 months 12 days
Granted, Weighted average price	$ 11.06
Granted, Number of shares	129,509
RSUs [Member] | 2009 Equity Compensation Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Weighted average price	$ 11.06	$ 10.66
Share-based compensation expense	$ 477,000	$ 453,000
Vesting period	3 years	3 years
Granted, Number of shares	129,509	127,797
RSUs [Member] | Minimum [Member] | 2009 Equity Compensation Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	2 years
RSUs [Member] | Maximum [Member] | 2009 Equity Compensation Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 441,000
Unrecognized compensation expense, period of recognition	1 year 9 months 18 days
Restricted Stock [Member] | 2009 Equity Compensation Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted		1,942
Granted, Weighted average price		$ 11.21
Share-based compensation expense		$ 4,000
Vesting period		5 years

Share-Based Compensation - Opti

Share-Based Compensation - Option Activity under the Company's Stock Option Plans (Detail) - Jun. 30, 2015 - USD ($)	Total
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Outstanding, Number of shares, Beginning balance	311,705
Issued, Number of shares	0
Exercised, Number of shares	(15,500)
Forfeited, Number of shares	(3,462)
Expired, Number of shares	0
Outstanding, Number of shares, Ending balance	292,743
Options exercisable, Number of shares, Ending balance	271,743
Outstanding, Weighted average exercise price, Beginning balance	$ 9.69
Issued, Weighted average exercise price	0
Exercised, Weighted average exercise price	7.30
Forfeited, Weighted average exercise price	12.28
Expired, Weighted average exercise price	0
Outstanding, Weighted average exercise price, Ending balance	9.78
Options exercisable, Weighted average exercise price, Ending balance	$ 9.80
Outstanding, Weighted average remaining contractual term (in years), Ending balance	3 years 9 months 4 days
Options exercisable, Weighted average remaining contractual term (in years), Ending balance	3 years 5 months 5 days
Outstanding, Aggregate intrinsic value, Beginning balance	$ 681,861
Outstanding, Aggregate intrinsic value, Ending balance	653,340
Options exercisable, Aggregate intrinsic value, Ending balance	$ 601,293

Share-Based Compensation - Summ

Share-Based Compensation - Summary of Company's Restricted Stock (Detail) - 6 months ended Jun. 30, 2015 - $ / shares	Total
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Number of shares, Beginning balance	160,284
Vested, Number of shares	(86,470)
Forfeited, Number of shares	(88)
Outstanding, Number of shares, Ending balance	73,726
Outstanding, Weighted average price, Beginning balance	$ 9.21
Vested, Weighted average price	9.11
Forfeited, Weighted average price	9.39
Outstanding, Weighted average price, Ending balance	$ 9.32
RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Number of shares, Beginning balance	98,535
Granted, Number of shares	129,509
Vested, Number of shares	(25,566)
Forfeited, Number of shares	(515)
Outstanding, Number of shares, Ending balance	201,963
Outstanding, Weighted average price, Beginning balance	$ 10.64
Granted, Weighted average price	11.06
Vested, Weighted average price	11.02
Forfeited, Weighted average price	10.74
Outstanding, Weighted average price, Ending balance	$ 10.86

Comprehensive Income - Componen

Comprehensive Income - Components of Other Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net unrealized gains on available for sale securities
Net unrealized holding gains (losses) arising during period, Before tax amount	$ (3,466)	$ 4,325	$ 759	$ 9,040
Reclassification adjustment for net gains arising during the period, Before tax amount	(26)		(26)	(3)
Net unrealized gains (losses), Before tax amount	(3,492)	4,325	733	9,037
Change in minimum pension liability, Before tax amount	8	8	16	16
Other comprehensive income (loss), Before tax amount	(3,484)	4,333	749	9,053
Net unrealized holding gains (losses) arising during period, Tax Benefit (Expense)	1,289	(1,528)	(261)	(3,255)
Reclassification adjustment for net gains arising during the period, Tax Benefit (Expense)	9		9	1
Net unrealized gains (losses), Tax Benefit (Expense)	1,298	(1,528)	(252)	(3,254)
Change in minimum pension liability, Tax Benefit (Expense)	(3)	(3)	(6)	(6)
Other comprehensive income (loss), Tax Benefit (Expense)	1,295	(1,531)	(258)	(3,260)
Net unrealized holding gains (losses) arising during period, Net of tax amount	(2,177)	2,797	498	5,785
Reclassification adjustment for net gains arising during the period, Net of tax amount	(17)		(17)	(2)
Net unrealized gains (losses), Net of tax amount	(2,194)	2,797	481	5,783
Change in minimum pension liability, Net of tax amount	5	5	10	10
Other Comprehensive Income (Loss)	$ (2,189)	$ 2,802	$ 491	$ 5,793

Comprehensive Income - Summary

Comprehensive Income - Summary of Changes in Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ 4,203	$ (1,684)	$ 1,523	$ (4,675)
Other comprehensive income (loss) before classifications	(2,172)	2,802	508	5,795
Amounts reclassified from accumulated other comprehensive income	(17)		(17)	(2)
Other Comprehensive Income (Loss)	(2,189)	2,802	491	5,793
Ending balance	2,014	1,118	2,014	1,118
Unrealized Gains (Losses) on Available-for-Sale Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	4,206	(1,661)	1,531	(4,647)
Other comprehensive income (loss) before classifications	(2,177)	2,797	498	5,785
Amounts reclassified from accumulated other comprehensive income	(17)		(17)	(2)
Other Comprehensive Income (Loss)	(2,194)	2,797	481	5,783
Ending balance	2,012	1,136	2,012	1,136
Pension Items [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(3)	(23)	(8)	(28)
Other comprehensive income (loss) before classifications	5	5	10	10
Other Comprehensive Income (Loss)	5	5	10	10
Ending balance	$ 2	$ (18)	$ 2	$ (18)

Statement of Cash Flow Inform37

Statement of Cash Flow Information, Supplemental Information - Supplemental Schedule of Noncash Investing and Financing Activities (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Supplemental schedule of noncash investing and financing activities:
Cash paid during the period for income taxes	$ 7,645	$ 6,657
Cash paid during the period for interest	5,016	4,225
Transfer of loans and leases into other repossessed assets and other real estate owned	$ 760	$ 722

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Net income available to common shareholders	$ 7,862	$ 7,781	$ 16,192	$ 14,944
Less: earnings allocated to participating securities	68	62	120	97
Net income allocated to common shareholders	$ 7,794	$ 7,719	$ 16,072	$ 14,847
Weighted average number of common shares outstanding - basic	37,854	37,740	37,827	37,711
Share-based plans	134	110	134	117
Weighted average number of common shares - diluted	37,988	37,850	37,961	37,828
Basic earnings per share	$ 0.21	$ 0.20	$ 0.42	$ 0.39
Diluted earnings per share	$ 0.21	$ 0.20	$ 0.42	$ 0.39

Earnings Per Share - Computat39

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Parenthetical) (Detail)	Jun. 17, 2014	Jun. 30, 2015
Earnings Per Share [Abstract]
Percentage of common stock dividend distributed	5.00%
Common stock dividend, distribution date		Jun. 17, 2014
Common stock dividend, record date		Jun. 3, 2014

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - Common Stock [Member] - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options to purchase	83,437	357,163	83,437	357,163
Weighted average price per share	$ 12.29	$ 11.91	$ 12.29	$ 11.91

Investment Securities - Reconci

Investment Securities - Reconciliation of Available-for-Sale Securities (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Total securities, Available for Sale, Amortized Cost	$ 458,559	$ 455,055
Gross Unrealized Gains	6,076	5,620
Gross Unrealized Losses	(2,949)	(3,226)
Total securities, Available for Sale, Fair Value	461,686	457,449
US Treasury and Government Agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities, Available for Sale, Amortized Cost	100,385	94,466
Gross Unrealized Gains	419	261
Gross Unrealized Losses	(593)	(807)
Total securities, Available for Sale, Fair Value	100,211	93,920
Mortgage-Backed Securities, Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities, Available for Sale, Amortized Cost	300,443	309,162
Gross Unrealized Gains	2,771	2,868
Gross Unrealized Losses	(1,815)	(2,075)
Total securities, Available for Sale, Fair Value	301,399	309,955
Mortgage-Backed Securities, Multifamily [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities, Available for Sale, Amortized Cost	10,277	4,973
Gross Unrealized Gains	11	3
Gross Unrealized Losses	(68)
Total securities, Available for Sale, Fair Value	10,220	4,976
Obligations of States and Political Subdivisions [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities, Available for Sale, Amortized Cost	30,597	29,764
Gross Unrealized Gains	723	888
Gross Unrealized Losses	(232)	(133)
Total securities, Available for Sale, Fair Value	31,088	30,519
Other Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities, Available for Sale, Amortized Cost	496	494
Gross Unrealized Gains	7	11
Total securities, Available for Sale, Fair Value	503	505
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities, Available for Sale, Amortized Cost	16,361	16,196
Gross Unrealized Gains	2,145	1,589
Gross Unrealized Losses	(241)	(211)
Total securities, Available for Sale, Fair Value	$ 18,265	$ 17,574

Investment Securities - Recon42

Investment Securities - Reconciliation of Held-to-Maturity Securities (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 123,133	$ 107,976
Gross Unrealized Gains	1,430	1,673
Gross Unrealized Losses	(978)	(619)
Fair Value	123,585	109,030
U.S. Government Agencies [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	35,509	20,477
Gross Unrealized Gains	317	232
Gross Unrealized Losses	(164)	(84)
Fair Value	35,662	20,625
Mortgage-Backed Securities, Residential [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	38,950	42,309
Gross Unrealized Gains	564	645
Gross Unrealized Losses	(372)	(385)
Fair Value	39,142	42,569
Mortgage-Backed Securities, Multifamily [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	2,209	2,259
Gross Unrealized Losses	(63)	(60)
Fair Value	2,146	2,199
Obligations of States and Political Subdivisions [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	44,940	41,401
Gross Unrealized Gains	434	658
Gross Unrealized Losses	(379)	(90)
Fair Value	44,995	41,969
Other Debt Securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	1,525	1,530
Gross Unrealized Gains	115	138
Fair Value	$ 1,640	$ 1,668

Investment Securities - Summary

Investment Securities - Summary of Contractual Maturities of Investment Securities Classified as Available for Sale and Held to Maturity (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Available for Sale, Amortized Cost
Due in one year or less	$ 3,312
Due after one year through five years	85,465
Due after five years through ten years	41,319
Due after ten years	1,382
Total	131,478
Total securities, Available for Sale, Amortized Cost	458,559	$ 455,055
Available for Sale, Fair Value
Due in one year or less	3,362
Due after one year through five years	85,836
Due after five years through ten years	41,272
Due after ten years	1,332
Total	131,802
Total securities, Available for Sale, Fair Value	461,686	457,449
Held to Maturity, Amortized Cost
Due in one year or less	6,345
Due after one year through five years	12,108
Due after five years through ten years	56,707
Due after ten years	6,814
Total	81,974
Amortized Cost	123,133	107,976
Held to Maturity, Fair Value
Due in one year or less	6,357
Due after one year through five years	12,462
Due after five years through ten years	56,749
Due after ten years	6,729
Total	82,297
Total securities, Held to Maturity, Fair Value	123,585	109,030
Mortgage-Backed Securities, Residential [Member]
Available for Sale, Amortized Cost
Available for Sale, Amortized Cost	310,720
Total securities, Available for Sale, Amortized Cost	300,443	309,162
Available for Sale, Fair Value
Available for Sale, Fair Value	311,619
Total securities, Available for Sale, Fair Value	301,399	309,955
Held to Maturity, Amortized Cost
Held to Maturity, Amortized Cost	41,159
Held to Maturity, Fair Value
Held to Maturity, Fair Value	41,288
Equity Securities [Member]
Available for Sale, Amortized Cost
Available for Sale, Amortized Cost	16,361
Total securities, Available for Sale, Amortized Cost	16,361	16,196
Available for Sale, Fair Value
Available for Sale, Fair Value	18,265
Total securities, Available for Sale, Fair Value	$ 18,265	$ 17,574

Investment Securities - Sales o

Investment Securities - Sales of Securities, Gross Gains and Gross Losses on Sales of Securities (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Investments, Debt and Equity Securities [Abstract]
Sale proceeds	$ 11,472	$ 17,020	$ 11,472	$ 17,020
Gross gains	28	340	28	346
Gross losses	$ (11)	$ (340)	$ (11)	$ (344)

Investment Securities - Additio

Investment Securities - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract]
Held to maturity mortgage-backed securities sales		$ 1,400,000
Mortgage-backed securities principal paid down		90.00%
Gain on sales of mortgage-backed securities		$ 73,000
Securities, carrying value	$ 351,500,000		$ 356,100,000
Purchase price of equities	2,700,000
Market value of equities	4,800,000
Equity securities included in investment funds	13,500,000
Investment in community development loans	$ 2,900,000
Redemption of funds	60 days
Investment in government guaranteed loans, mortgage-backed securities, small business loans	$ 10,600,000
Amortized cost of securities	10,800,000
Fair value of securities	10,600,000
Unfunded commitments	$ 0

Investment Securities - Recon46

Investment Securities - Reconciliation of Available-for-Sale and Held-to-Maturity Securities in Continuous Unrealized Loss Position (Detail) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015USD ($)Security	Dec. 31, 2014USD ($)Security
Investment [Line Items]
Available for Sale, Less than 12 months, Fair value	$ 150,911	$ 41,155
Available for Sale, Less than 12 months, Unrealized Losses	1,315	234
Available for Sale, 12 months or longer, Fair value	65,177	130,401
Available for Sale, 12 months or longer, Unrealized Losses	$ 1,634	$ 2,992
Available for Sale, Number of securities | Security	70	53
Available for Sale, Total, Fair value	$ 216,088	$ 171,556
Available for Sale, Total, Unrealized Losses	2,949	3,226
Held to Maturity, Less than 12 months, Fair value	49,913	7,526
Held to Maturity, Less than 12 months, Unrealized Losses	690	57
Held to Maturity, 12 months or longer, Fair value	9,868	29,698
Held to Maturity, 12 months or longer, Unrealized Losses	$ 288	$ 562
Held to Maturity, Number of securities | Security	43	24
Held to Maturity, Total, Fair value	$ 59,781	$ 37,224
Held to Maturity, Total, Unrealized Losses	978	619
US Treasury and Government Agencies [Member]
Investment [Line Items]
Available for Sale, Less than 12 months, Fair value	60,180	5,057
Available for Sale, Less than 12 months, Unrealized Losses	571	28
Available for Sale, 12 months or longer, Fair value	3,978	46,135
Available for Sale, 12 months or longer, Unrealized Losses	$ 22	$ 779
Available for Sale, Number of securities | Security	13	11
Available for Sale, Total, Fair value	$ 64,158	$ 51,192
Available for Sale, Total, Unrealized Losses	593	807
Held to Maturity, Less than 12 months, Fair value	15,688
Held to Maturity, Less than 12 months, Unrealized Losses	$ 164
Held to Maturity, 12 months or longer, Fair value		5,736
Held to Maturity, 12 months or longer, Unrealized Losses		$ 84
Held to Maturity, Number of securities | Security	3	1
Held to Maturity, Total, Fair value	$ 15,688	$ 5,736
Held to Maturity, Total, Unrealized Losses	164	84
Mortgage-Backed Securities, Residential [Member]
Investment [Line Items]
Available for Sale, Less than 12 months, Fair value	78,644	34,832
Available for Sale, Less than 12 months, Unrealized Losses	537	177
Available for Sale, 12 months or longer, Fair value	54,895	74,414
Available for Sale, 12 months or longer, Unrealized Losses	$ 1,278	$ 1,898
Available for Sale, Number of securities | Security	37	28
Available for Sale, Total, Fair value	$ 133,539	$ 109,246
Available for Sale, Total, Unrealized Losses	1,815	2,075
Held to Maturity, Less than 12 months, Fair value	16,372	6,236
Held to Maturity, Less than 12 months, Unrealized Losses	189	50
Held to Maturity, 12 months or longer, Fair value	7,382	17,557
Held to Maturity, 12 months or longer, Unrealized Losses	$ 183	$ 335
Held to Maturity, Number of securities | Security	9	8
Held to Maturity, Total, Fair value	$ 23,754	$ 23,793
Held to Maturity, Total, Unrealized Losses	372	385
Mortgage-Backed Securities, Multifamily [Member]
Investment [Line Items]
Available for Sale, Less than 12 months, Fair value	5,235
Available for Sale, Less than 12 months, Unrealized Losses	$ 68
Available for Sale, Number of securities | Security	1
Available for Sale, Total, Fair value	$ 5,235
Available for Sale, Total, Unrealized Losses	68
Held to Maturity, Less than 12 months, Fair value	1,259
Held to Maturity, Less than 12 months, Unrealized Losses	12
Held to Maturity, 12 months or longer, Fair value	887	2,199
Held to Maturity, 12 months or longer, Unrealized Losses	$ 51	$ 60
Held to Maturity, Number of securities | Security	2	2
Held to Maturity, Total, Fair value	$ 2,146	$ 2,199
Held to Maturity, Total, Unrealized Losses	63	60
Obligations of States and Political Subdivisions [Member]
Investment [Line Items]
Available for Sale, Less than 12 months, Fair value	6,852	1,266
Available for Sale, Less than 12 months, Unrealized Losses	139	29
Available for Sale, 12 months or longer, Fair value	1,436	5,033
Available for Sale, 12 months or longer, Unrealized Losses	$ 93	$ 104
Available for Sale, Number of securities | Security	17	12
Available for Sale, Total, Fair value	$ 8,288	$ 6,299
Available for Sale, Total, Unrealized Losses	232	133
Held to Maturity, Less than 12 months, Fair value	16,594	1,290
Held to Maturity, Less than 12 months, Unrealized Losses	325	7
Held to Maturity, 12 months or longer, Fair value	1,599	4,206
Held to Maturity, 12 months or longer, Unrealized Losses	$ 54	$ 83
Held to Maturity, Number of securities | Security	29	13
Held to Maturity, Total, Fair value	$ 18,193	$ 5,496
Held to Maturity, Total, Unrealized Losses	379	90
Equity Securities [Member]
Investment [Line Items]
Available for Sale, 12 months or longer, Fair value	4,868	4,819
Available for Sale, 12 months or longer, Unrealized Losses	$ 241	$ 211
Available for Sale, Number of securities | Security	2	2
Available for Sale, Total, Fair value	$ 4,868	$ 4,819
Available for Sale, Total, Unrealized Losses	$ 241	$ 211

Loans, Leases and Other Real 47

Loans, Leases and Other Real Estate - Composition of Lakeland`s Loan and Lease Portfolio (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 2,756,694	$ 2,655,614
Less: deferred fees	(2,177)	(1,788)
Loans, net of deferred fees	2,754,517	2,653,826
Commercial, Secured by Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,613,011	1,529,761
Commercial, Industrial and Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	262,617	238,252
Leases [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	53,798	54,749
Real Estate-Residential Mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	414,339	431,190
Real Estate-Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	82,265	64,020
Home Equity and Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 330,664	$ 337,642

Loans, Leases and Other Real 48

Loans, Leases and Other Real Estate - Additional Information (Detail) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans pledged for actual and potential borrowings at the Federal Home Loan Bank of New York	$ 667,800,000		$ 338,500,000
Troubled debt restructurings included in non accrual loans	2,000,000		1,300,000
Interest accrued on impaired loans	794,000	$ 885,000	1,800,000
Unfunded lending reserve	1,400,000		1,100,000
Mortgages held for sale	3,300,000		592,000
Other real estate owned	1,000,000		977,000
Other repossessed assets owned	56,000		49,000
Home Equity and Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Overdraft balances included in home equity and consumer loans	498,000		$ 791,000
Mortgage loans that were in process of foreclosure	8,300,000
Minimum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Group of impaired loans with recorded investment	$ 500,000

Loans, Leases and Other Real 49

Loans, Leases and Other Real Estate - Company's Non-Performing Assets and its Accruing Troubled Debt Restructurings (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans and leases	$ 18,981	$ 20,669
Other real estate and other repossessed assets	1,078	1,026
TOTAL NON-PERFORMING ASSETS	20,059	21,695
Troubled debt restructurings, still accruing	12,419	10,579
Commercial, Secured by Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans and leases	5,307	7,424
Commercial, Industrial and Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans and leases	1,354	308
Leases [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans and leases	79	88
Real Estate-Residential Mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans and leases	9,098	9,246
Real Estate-Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans and leases		188
Home Equity and Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans and leases	$ 3,143	$ 3,415

Loans, Leases and Other Real 50

Loans, Leases and Other Real Estate - Age Analysis of Past Due Loans, Segregated by Class of Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 25,142	$ 29,092
Current	2,731,552	2,626,522
Total Loans and Leases	2,756,694	2,655,614
Recorded Investment greater than 89 Days and still accruing	102	66
Commercial, Secured by Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	10,031	11,685
Current	1,602,980	1,518,076
Total Loans and Leases	1,613,011	1,529,761
Commercial, Industrial and Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,390	1,254
Current	261,227	236,998
Total Loans and Leases	262,617	238,252
Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	305	220
Current	53,493	54,529
Total Loans and Leases	53,798	54,749
Real Estate-Residential Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	9,334	10,389
Current	405,005	420,801
Total Loans and Leases	414,339	431,190
Recorded Investment greater than 89 Days and still accruing	47
Real Estate-Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		412
Current	82,265	63,608
Total Loans and Leases	82,265	64,020
Home Equity and Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4,082	5,132
Current	326,582	332,510
Total Loans and Leases	330,664	337,642
Recorded Investment greater than 89 Days and still accruing	55	66
30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	5,343	8,898
30-59 Days Past Due [Member] | Commercial, Secured by Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,712	2,714
30-59 Days Past Due [Member] | Commercial, Industrial and Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	307	944
30-59 Days Past Due [Member] | Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	175	108
30-59 Days Past Due [Member] | Real Estate-Residential Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	993	3,325
30-59 Days Past Due [Member] | Real Estate-Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		224
30-59 Days Past Due [Member] | Home Equity and Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,156	1,583
60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4,533	3,977
60-89 Days Past Due [Member] | Commercial, Secured by Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3,055	2,999
60-89 Days Past Due [Member] | Commercial, Industrial and Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	859	2
60-89 Days Past Due [Member] | Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	51	24
60-89 Days Past Due [Member] | Real Estate-Residential Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	216	354
60-89 Days Past Due [Member] | Home Equity and Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	352	598
Greater Than 89 Days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	15,266	16,217
Greater Than 89 Days [Member] | Commercial, Secured by Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4,264	5,972
Greater Than 89 Days [Member] | Commercial, Industrial and Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	224	308
Greater Than 89 Days [Member] | Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	79	88
Greater Than 89 Days [Member] | Real Estate-Residential Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	8,125	6,710
Greater Than 89 Days [Member] | Real Estate-Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		188
Greater Than 89 Days [Member] | Home Equity and Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 2,574	$ 2,951

Loans, Leases and Other Real 51

Loans, Leases and Other Real Estate - Impaired Loans with and without Specific Allowances (Detail) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	$ 26,008	$ 22,267	$ 25,693
Contractual Unpaid Principal Balance	28,450	25,696	28,927
Specific Allowance	1,272	783	1,892
Interest Income Recognized	394	368	711
Average Investment in Impaired loans	24,705	23,599	24,143
Commercial, Secured by Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	17,644	19,587	19,838
Contractual Unpaid Principal Balance	18,697	20,624	21,338
Specific Allowance	346	285	634
Interest Income Recognized	317	292	592
Average Investment in Impaired loans	18,431	19,588	19,950
Commercial, Secured by Real Estate [Member] | Loans with Specific Allowance [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	5,466	4,023	5,666
Contractual Unpaid Principal Balance	5,487	4,179	5,818
Specific Allowance	346	285	634
Interest Income Recognized	114	87	156
Average Investment in Impaired loans	5,430	4,418	3,858
Commercial, Secured by Real Estate [Member] | Loans without Specific Allowance [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	12,178	15,564	14,172
Contractual Unpaid Principal Balance	13,210	16,445	15,520
Interest Income Recognized	203	205	436
Average Investment in Impaired loans	13,001	15,170	16,092
Commercial, Industrial and Other [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	3,097	693	752
Contractual Unpaid Principal Balance	4,486	1,074	2,122
Specific Allowance	42	5	10
Interest Income Recognized	21	46	52
Average Investment in Impaired loans	1,103	2,033	1,855
Commercial, Industrial and Other [Member] | Loans with Specific Allowance [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	1,082	151	425
Contractual Unpaid Principal Balance	1,082	151	425
Specific Allowance	42	5	10
Interest Income Recognized	11	4	9
Average Investment in Impaired loans	442	183	342
Commercial, Industrial and Other [Member] | Loans without Specific Allowance [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	2,015	542	327
Contractual Unpaid Principal Balance	3,404	923	1,697
Interest Income Recognized	10	42	43
Average Investment in Impaired loans	661	1,850	1,513
Leases [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	11
Contractual Unpaid Principal Balance	11
Specific Allowance	11
Average Investment in Impaired loans	6
Leases [Member] | Loans with Specific Allowance [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	11
Contractual Unpaid Principal Balance	11
Specific Allowance	11
Average Investment in Impaired loans	6
Real Estate-Residential Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	3,057	255	2,919
Contractual Unpaid Principal Balance	3,057	304	2,919
Specific Allowance	63		217
Interest Income Recognized	19		19
Average Investment in Impaired loans	2,842	276	746
Real Estate-Residential Mortgage [Member] | Loans with Specific Allowance [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	728		1,238
Contractual Unpaid Principal Balance	728		1,238
Specific Allowance	63		217
Interest Income Recognized	19		19
Average Investment in Impaired loans	742		438
Real Estate-Residential Mortgage [Member] | Loans without Specific Allowance [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	2,329	255	1,681
Contractual Unpaid Principal Balance	2,329	304	1,681
Average Investment in Impaired loans	2,100	276	308
Real Estate-Construction [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	391	465	188
Contractual Unpaid Principal Balance	391	2,411	552
Specific Allowance	1
Interest Income Recognized	5
Average Investment in Impaired loans	341	483	464
Real Estate-Construction [Member] | Loans with Specific Allowance [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	391
Contractual Unpaid Principal Balance	391
Specific Allowance	1
Interest Income Recognized	5
Average Investment in Impaired loans	242
Real Estate-Construction [Member] | Loans without Specific Allowance [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans		465	188
Contractual Unpaid Principal Balance		2,411	552
Average Investment in Impaired loans	99	483	464
Home Equity and Consumer [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	1,808	1,267	1,996
Contractual Unpaid Principal Balance	1,808	1,283	1,996
Specific Allowance	809	493	1,031
Interest Income Recognized	32	30	48
Average Investment in Impaired loans	1,982	1,219	1,128
Home Equity and Consumer [Member] | Loans with Specific Allowance [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	1,044	1,267	1,255
Contractual Unpaid Principal Balance	1,044	1,283	1,255
Specific Allowance	809	493	1,031
Interest Income Recognized	32	30	41
Average Investment in Impaired loans	1,230	$ 1,219	975
Home Equity and Consumer [Member] | Loans without Specific Allowance [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired loans	764		741
Contractual Unpaid Principal Balance	764		741
Interest Income Recognized			7
Average Investment in Impaired loans	$ 752		$ 153

Loans, Leases and Other Real 52

Loans, Leases and Other Real Estate - Company's Commercial Loan Portfolio (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Commercial, Secured by Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	$ 1,613,011	$ 1,529,761
Commercial, Secured by Real Estate [Member] | Pass 3 [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	65,458	69,243
Commercial, Secured by Real Estate [Member] | Pass 4 [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	542,648	479,667
Commercial, Secured by Real Estate [Member] | Pass 5 [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	871,014	867,023
Commercial, Secured by Real Estate [Member] | Watch [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	51,083	40,991
Commercial, Secured by Real Estate [Member] | Other Assets Especially Mentioned [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	38,173	27,764
Commercial, Secured by Real Estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	44,635	45,073
Commercial, Industrial and Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	262,617	238,252
Commercial, Industrial and Other [Member] | Pass 1 [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	1,543	1,040
Commercial, Industrial and Other [Member] | Pass 2 [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	9,845	8,755
Commercial, Industrial and Other [Member] | Pass 3 [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	51,222	30,386
Commercial, Industrial and Other [Member] | Pass 4 [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	90,047	91,836
Commercial, Industrial and Other [Member] | Pass 5 [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	77,814	69,723
Commercial, Industrial and Other [Member] | Watch [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	13,349	15,572
Commercial, Industrial and Other [Member] | Other Assets Especially Mentioned [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	5,330	8,057
Commercial, Industrial and Other [Member] | Substandard [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	13,467	12,883
Real Estate-Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	82,265	64,020
Real Estate-Construction [Member] | Pass 4 [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	10,866	7,527
Real Estate-Construction [Member] | Pass 5 [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	66,877	51,833
Real Estate-Construction [Member] | Watch [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	113	225
Real Estate-Construction [Member] | Other Assets Especially Mentioned [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	1,996	2,710
Real Estate-Construction [Member] | Substandard [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Commercial loan portfolio	$ 2,413	$ 1,725

Loans, Leases and Other Real 53

Loans, Leases and Other Real Estate - Allowance for Loan and Lease Losses by Portfolio Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Allowance for Loan and Lease Losses:
Beginning Balance	$ 30,505	$ 29,520	$ 30,684	$ 29,821
Charge-offs	(1,475)	(1,731)	(2,756)	(4,186)
Recoveries	404	484	636	1,149
Provision	740	1,593	1,610	3,082
Ending Balance	30,174	29,866	30,174	29,866
Commercial, Secured by Real Estate [Member]
Allowance for Loan and Lease Losses:
Beginning Balance	12,560	14,135	13,577	14,463
Charge-offs	(805)	(144)	(1,351)	(1,791)
Recoveries	325	320	364	354
Provision	1,839	(269)	1,329	1,016
Ending Balance	13,919	14,042	13,919	14,042
Commercial, Industrial and Other [Member]
Allowance for Loan and Lease Losses:
Beginning Balance	3,307	5,506	3,196	5,331
Charge-offs	(64)	(599)	(74)	(612)
Recoveries	42	88	84	679
Provision	(417)	(1,394)	(338)	(1,797)
Ending Balance	2,868	3,601	2,868	3,601
Leases [Member]
Allowance for Loan and Lease Losses:
Beginning Balance	1,038	460	582	504
Charge-offs	(102)	(126)	(529)	(165)
Recoveries			20
Provision	18	320	881	315
Ending Balance	954	654	954	654
Real Estate-Residential Mortgage [Member]
Allowance for Loan and Lease Losses:
Beginning Balance	3,298	2,968	4,020	3,214
Charge-offs	(89)	(354)	(106)	(509)
Recoveries	2	3	3	9
Provision	(195)	1,614	(901)	1,517
Ending Balance	3,016	4,231	3,016	4,231
Real Estate-Construction [Member]
Allowance for Loan and Lease Losses:
Beginning Balance	637	483	553	542
Charge-offs		(25)	(20)	(25)
Recoveries	6	1	106	1
Provision	82	77	86	18
Ending Balance	725	536	725	536
Home Equity and Consumer [Member]
Allowance for Loan and Lease Losses:
Beginning Balance	6,924	2,612	6,333	2,737
Charge-offs	(415)	(483)	(676)	(1,084)
Recoveries	29	72	59	106
Provision	(619)	1,910	203	2,352
Ending Balance	5,919	4,111	5,919	4,111
Unallocated [Member]
Allowance for Loan and Lease Losses:
Beginning Balance	2,741	3,356	2,423	3,030
Provision	32	(665)	350	(339)
Ending Balance	$ 2,773	$ 2,691	$ 2,773	$ 2,691

Loans, Leases and Other Real 54

Loans, Leases and Other Real Estate - Loans Receivable Summarized by Portfolio Segment and Impairment Method (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: Individually evaluated for impairment	$ 26,008	$ 25,693
Ending Balance: Collectively evaluated for impairment	2,730,686	2,629,921
Total Loans and Leases	2,756,694	2,655,614
Commercial, Secured by Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: Individually evaluated for impairment	17,644	19,838
Ending Balance: Collectively evaluated for impairment	1,595,367	1,509,923
Total Loans and Leases	1,613,011	1,529,761
Commercial, Industrial and Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: Individually evaluated for impairment	3,097	752
Ending Balance: Collectively evaluated for impairment	259,520	237,500
Total Loans and Leases	262,617	238,252
Leases [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: Individually evaluated for impairment	11
Ending Balance: Collectively evaluated for impairment	53,787	54,749
Total Loans and Leases	53,798	54,749
Real Estate-Residential Mortgage [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: Individually evaluated for impairment	3,057	2,919
Ending Balance: Collectively evaluated for impairment	411,282	428,271
Total Loans and Leases	414,339	431,190
Real Estate-Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: Individually evaluated for impairment	391	188
Ending Balance: Collectively evaluated for impairment	81,874	63,832
Total Loans and Leases	82,265	64,020
Home Equity and Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: Individually evaluated for impairment	1,808	1,996
Ending Balance: Collectively evaluated for impairment	328,856	335,646
Total Loans and Leases	$ 330,664	$ 337,642

Loans, Leases and Other Real 55

Loans, Leases and Other Real Estate - Allowance for Loan Losses Summarized by Portfolio Segment and Impairment Classification (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: Individually evaluated for impairment	$ 1,272		$ 1,892	$ 783
Ending Balance: Collectively evaluated for impairment	28,902		28,792
Ending Balance	30,174	$ 30,505	30,684	29,866	$ 29,520	$ 29,821
Commercial, Secured by Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: Individually evaluated for impairment	346		634	285
Ending Balance: Collectively evaluated for impairment	13,573		12,943
Ending Balance	13,919	12,560	13,577	14,042	14,135	14,463
Commercial, Industrial and Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: Individually evaluated for impairment	42		10	5
Ending Balance: Collectively evaluated for impairment	2,826		3,186
Ending Balance	2,868	3,307	3,196	3,601	5,506	5,331
Leases [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: Individually evaluated for impairment	11
Ending Balance: Collectively evaluated for impairment	943		582
Ending Balance	954	1,038	582	654	460	504
Real Estate-Residential Mortgage [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: Individually evaluated for impairment	63		217
Ending Balance: Collectively evaluated for impairment	2,953		3,803
Ending Balance	3,016	3,298	4,020	4,231	2,968	3,214
Real Estate-Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: Individually evaluated for impairment	1
Ending Balance: Collectively evaluated for impairment	724		553
Ending Balance	725	637	553	536	483	542
Home Equity and Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: Individually evaluated for impairment	809		1,031	493
Ending Balance: Collectively evaluated for impairment	5,110		5,302
Ending Balance	5,919	6,924	6,333	4,111	2,612	2,737
Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: Collectively evaluated for impairment	2,773		2,423
Ending Balance	$ 2,773	$ 2,741	$ 2,423	$ 2,691	$ 3,356	$ 3,030

Loans, Leases and Other Real 56

Loans, Leases and Other Real Estate - Summary of Restructured Loans (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)Contract	Jun. 30, 2014USD ($)Contract	Jun. 30, 2015USD ($)Contract	Jun. 30, 2014USD ($)Contract
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract	4	2	8	5
Pre-Modification Outstanding Recorded Investment	$ 2,242	$ 1,697	$ 3,810	$ 2,032
Post-Modification Outstanding Recorded Investment	$ 2,242	$ 1,697	$ 3,810	$ 2,032
Commercial, Secured by Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract	2	2	2	2
Pre-Modification Outstanding Recorded Investment	$ 1,458	$ 1,697	$ 1,458	$ 1,697
Post-Modification Outstanding Recorded Investment	$ 1,458	$ 1,697	$ 1,458	$ 1,697
Commercial, Industrial and Other [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract	2		3
Pre-Modification Outstanding Recorded Investment	$ 784		$ 1,933
Post-Modification Outstanding Recorded Investment	$ 784		$ 1,933
Leases [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract			1
Pre-Modification Outstanding Recorded Investment			$ 14
Post-Modification Outstanding Recorded Investment			$ 14
Real Estate-Construction [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract			1
Pre-Modification Outstanding Recorded Investment			$ 396
Post-Modification Outstanding Recorded Investment			$ 396
Home Equity and Consumer [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract			1	3
Pre-Modification Outstanding Recorded Investment			$ 9	$ 335
Post-Modification Outstanding Recorded Investment			$ 9	$ 335

Loans, Leases and Other Real 57

Loans, Leases and Other Real Estate - Summary of Restructured Loans within Previous 12 Months that have Subsequently Defaulted (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)Contract	Jun. 30, 2014USD ($)Contract
Financing Receivable, Modifications [Line Items]
Number of Contracts	1	2
Recorded Investment | $	$ 483	$ 409
Real Estate-Residential Mortgage [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	1	1
Recorded Investment | $	$ 483	$ 174
Home Equity and Consumer [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts		1
Recorded Investment | $		$ 235

Estimated Fair Value of Finan58

Estimated Fair Value of Financial Instruments and Fair Value Measurement - Fair Value of Financial Assets and Liabilities Measured on Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets/Liabilities:
Investment securities, available for sale	$ 461,686	$ 457,449
US Treasury and Government Agencies [Member]
Assets/Liabilities:
Investment securities, available for sale	100,211	93,920
Obligations of States and Political Subdivisions [Member]
Assets/Liabilities:
Investment securities, available for sale	31,088	30,519
Other Debt Securities [Member]
Assets/Liabilities:
Investment securities, available for sale	503	505
Equity Securities [Member]
Assets/Liabilities:
Investment securities, available for sale	18,265	17,574
Fair Value, Measurements, Recurring [Member]
Assets/Liabilities:
Investment securities, available for sale	461,686	457,449
Total Assets	462,203	457,486
Total Liabilities	517	37
Fair Value, Measurements, Recurring [Member] | Non-Hedging [Member] | Interest Rate Derivatives [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-hedging interest rate derivatives - Liabilities	517	37
Assets/Liabilities:
Non-hedging interest rate derivatives - Assets	517	37
Fair Value, Measurements, Recurring [Member] | US Treasury and Government Agencies [Member]
Assets/Liabilities:
Investment securities, available for sale	100,211	93,920
Fair Value, Measurements, Recurring [Member] | Mortgage Backed Securities [Member]
Assets/Liabilities:
Investment securities, available for sale	311,619	314,931
Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions [Member]
Assets/Liabilities:
Investment securities, available for sale	31,088	30,519
Fair Value, Measurements, Recurring [Member] | Other Debt Securities [Member]
Assets/Liabilities:
Investment securities, available for sale	503	505
Fair Value, Measurements, Recurring [Member] | Equity Securities [Member]
Assets/Liabilities:
Investment securities, available for sale	18,265	17,574
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]
Assets/Liabilities:
Investment securities, available for sale	9,667	12,475
Total Assets	9,667	12,475
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | US Treasury and Government Agencies [Member]
Assets/Liabilities:
Investment securities, available for sale	4,892	8,321
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | Equity Securities [Member]
Assets/Liabilities:
Investment securities, available for sale	4,775	4,154
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]
Assets/Liabilities:
Investment securities, available for sale	452,019	444,974
Total Assets	452,536	445,011
Total Liabilities	517	37
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Non-Hedging [Member] | Interest Rate Derivatives [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-hedging interest rate derivatives - Liabilities	517	37
Assets/Liabilities:
Non-hedging interest rate derivatives - Assets	517	37
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | US Treasury and Government Agencies [Member]
Assets/Liabilities:
Investment securities, available for sale	95,319	85,599
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Mortgage Backed Securities [Member]
Assets/Liabilities:
Investment securities, available for sale	311,619	314,931
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions [Member]
Assets/Liabilities:
Investment securities, available for sale	31,088	30,519
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Other Debt Securities [Member]
Assets/Liabilities:
Investment securities, available for sale	503	505
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Equity Securities [Member]
Assets/Liabilities:
Investment securities, available for sale	$ 13,490	$ 13,420

Estimated Fair Value of Finan59

Estimated Fair Value of Financial Instruments and Fair Value Measurement - Fair Value of Financial Assets Measured on Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans and Leases	$ 26,008	$ 25,693	$ 22,267
Loans held for sale	3,348	592
Other real estate owned and other repossessed assets	1,078	1,026
Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans and Leases	26,008	25,693
Loans held for sale	3,348	592
Other real estate owned and other repossessed assets	1,078	1,026
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	3,348	592
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans and Leases	26,008	25,693
Other real estate owned and other repossessed assets	$ 1,078	$ 1,026

Estimated Fair Value of Finan60

Estimated Fair Value of Financial Instruments and Fair Value Measurement - Additional Information (Detail) - Jun. 30, 2015 - USD ($) $ in Millions	Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term municipal bond	$ 4.8
Minimum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Discount rates	5.00%
Capitalization rates	3.00%
Maximum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Discount rates	11.00%
Capitalization rates	8.00%

Estimated Fair Value of Finan61

Estimated Fair Value of Financial Instruments and Fair Value Measurement - Carrying Values and Fair Values of Company's Financial Instruments (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financial Instruments - Assets
Investment securities held to maturity, Fair Value	$ 123,585	$ 109,030
Investment securities held to maturity, Carrying Value	123,133	107,976
Federal Home Loan Bank and other membership bank stocks, Fair Value	12,779	9,846
Federal Home Loan Bank and other membership bank stocks, Carrying Value	12,779	9,846
Loans and leases, net Fair Value	2,721,370	2,624,581
Loans and leases, net Carrying Value	2,724,343	2,623,142
Financial Instruments - Liabilities
Certificates of Deposit, Fair Value	306,263	279,439
Certificates of Deposit, Carrying value	306,431	279,962
Other borrowings, Fair Value	268,211	205,343
Other borrowings, Carrying value	262,728	202,498
Subordinated debentures, Fair Value	31,753	30,929
Subordinated debentures, Carrying Value	41,238	41,238
Significant Other Observable Inputs (Level 2) [Member]
Financial Instruments - Assets
Investment securities held to maturity, Fair Value	118,762	103,916
Federal Home Loan Bank and other membership bank stocks, Fair Value	12,779	9,846
Financial Instruments - Liabilities
Certificates of Deposit, Fair Value	306,263	279,439
Other borrowings, Fair Value	268,211	205,343
Significant Unobservable Inputs (Level 3) [Member]
Financial Instruments - Assets
Investment securities held to maturity, Fair Value	4,823	5,114
Loans and leases, net Fair Value	2,721,370	2,624,581
Financial Instruments - Liabilities
Subordinated debentures, Fair Value	$ 31,753	$ 30,929

Derivatives - Additional Inform

Derivatives - Additional Information (Detail) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Available for sale securities pledged for collateral	$ 511,000	$ 505,000

Derivatives - Summary Informati

Derivatives - Summary Information Regarding Derivatives (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Customer Interest Rate Swaps [Member]
Derivative [Line Items]
Notional Amount	$ 34,033,000	$ 17,279,000
Average Maturity (Years)	12 years 7 months 6 days	5 years 8 months 12 days
Weighted Average Rate Fixed	4.29%	3.84%
Weighted Average Variable Rate, description	1 Mo Libor + 2.11
Weighted Average Variable Rate	2.11%	2.21%
Fair Value	$ 517,000	$ 37,000
3rd Party Interest Rate Swaps [Member]
Derivative [Line Items]
Notional Amount	$ 34,033,000	$ 17,279,000
Average Maturity (Years)	12 years 7 months 6 days	5 years 8 months 12 days
Weighted Average Rate Fixed	4.29%	3.84%
Weighted Average Variable Rate, description	1 Mo Libor + 2.11
Weighted Average Variable Rate	2.11%	2.21%
Fair Value	$ (517,000)	$ (37,000)

Goodwill and Intangible Asset64

Goodwill and Intangible Assets - Additional Information (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)Segment	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Goodwill And Intangible Assets [Line Items]
Goodwill	$ 109,974		$ 109,974		$ 109,974
Number of reportable unit | Segment			1
Amortization of core deposit intangible	107	$ 119	$ 218	$ 242
Somerset Hills Acquisition [Member]
Goodwill And Intangible Assets [Line Items]
Goodwill	22,900		22,900		22,900
Core deposit intangible	2,700		2,700
Prior Acquisitions [Member]
Goodwill And Intangible Assets [Line Items]
Goodwill	$ 87,100		$ 87,100		$ 87,100

Goodwill and Intangible Asset65

Goodwill and Intangible Assets - Schedule of Estimated Future Amortization Expense (Detail) $ in Thousands	Jun. 30, 2015USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,015	$ 197
2,016	366
2,017	316
2,018	267
2,019	218
2,020	$ 168

Borrowings - Additional Informa

Borrowings - Additional Information (Detail) - Jun. 30, 2015 - USD ($) $ in Millions	Total
Debt Instrument [Line Items]
Federal funds purchased	$ 115
Securities sold under agreements to repurchase	31.2
Securities sold under agreement to repurchase maturities due	70
Securities Sold under Agreements to Repurchase [Member]
Debt Instrument [Line Items]
Pledged securities	$ 119.1
Minimum [Member]
Debt Instrument [Line Items]
Borrowings maturity period	1 year
Maximum [Member]
Debt Instrument [Line Items]
Borrowings maturity period	5 years

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	Aug. 03, 2015	Jun. 30, 2015	Dec. 31, 2014
Pascack Bancorp, Inc. [Member]
Subsequent Event [Line Items]
Date of Agreement		Aug. 3, 2015
Total assets		$ 402.7
Total loans		334
Total deposits		304.8
Total stockholder's equity		$ 33.3
Net income			$ 2.4
Subsequent Event [Member] | Debenture [Member] | Lakeland Bancorp Capital Trust IV [Member]
Subsequent Event [Line Items]
Gain on extinguishment of debt	$ 1.8
Debentures extinguished	$ 10
Debenture floated LIBOR rate	1.52%
Debentures outstanding	$ 10
Distribution rate on debentures	1.80%
Subsequent Event [Member] | Pascack Bancorp, Inc. [Member]
Subsequent Event [Line Items]
Shares received by the Pascack Bancorp at the time of merger	0.9576
Percentage of aggregate merger consideration in shares	90.00%
Percentage of aggregate merger consideration in cash	10.00%
Common stock expected to issue	3,314,328
Total consideration value	$ 43.8
Consideration price per share	$ 11.35