EXHIBIT 99.1



        Thursday September 11, 2003                       Roger Bosma
                                                          President & CEO

                                                          Joseph F. Hurley
                                                          EVP & CFO
                                                          973-697-2000

LAKELAND BANCORP ANNOUNCES 5% STOCK DIVIDEND

OAK RIDGE, NJ -September 11, 2003 - The Board of Directors of Lakeland Bancorp
(NASDAQ: LBAI) announced today a 5% stock dividend, which will be payable on
October 15, 2003 to shareholders of record as of the close of business on
September 30, 2003.

Lakeland Bancorp is the bank holding company for Lakeland Bank having
thirty-eight (38) banking offices in northern New Jersey with total assets in
excess of $1.5 billion. Lakeland recently completed its acquisition of CSB
Financial Corp., which added four Bergen County branches to its network.








THIS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF THE
PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. FORWARD-LOOKING STATEMENTS CAN
BE IDENTIFIED BY THE USE OF WORDS SUCH AS "BELIEVES", "EXPECTS", AND SIMILAR
WORDS OR VARIATIONS. SUCH STATEMENTS ARE NOT HISTORICAL FACTS AND INVOLVE
CERTAIN RISKS AND UNCERTAINTIES. ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THE
RESULTS DISCUSSED IN THESE FORWARD-LOOKING STATEMENTS. FACTORS THAT MAY CAUSE A
DIFFERENCE INCLUDE, BUT ARE NOT LIMITED TO, CHANGES IN INTEREST RATES, ECONOMIC
CONDITIONS, DEPOSIT AND LOAN GROWTH, LOAN LOSS PROVISIONS, CUSTOMER RETENTION,
OR FAILURE TO REALIZE EXPECTED COST SAVINGS OR REVENUE ENHANCEMENTS FROM
ACQUISITIONS. LAKELAND BANCORP ASSUMES NO OBLIGATION FOR UPDATING ANY SUCH
FORWARD-LOOKING STATEMENTS AT ANY TIME.