Environmental, Social, and Governance

Message From Our President And CEO:

With deep roots in our communities, Lakeland Bank has shared and advanced the societal goals and aspirations of our customers, shareholders and associates for over half a century. We are proud to have formalized our Environmental, Social and Governance (ESG) strategy in 2022 on our continuing journey to serve and support our communities and stakeholders.

Our commitment to advancing these ESG principles is not new. What is new is our commitment to enhanced disclosure in a wide range of areas such as business ethics; diversity, equity and inclusion; employee well-being; climate change; access to financial services; data protection and cybersecurity; among many others. We understand that ESG related policies and actions not only affect the well-being of people, communities and society, but also have implications for risk mitigation and long-term financial performance and value.

Accordingly, we have developed a detailed roadmap, overseen by the Board of Directors, to ensure that our approach to ESG issues is aligned with stakeholders’ priorities and corporate best practices. We are working to develop ESG measurement and disclosure programs consistent with widely recognized global standards and, to increase transparency around our efforts, plan to release updates regarding our plans and progress on an annual basis.

As a community-focused financial institution, Lakeland Bank is committed to building healthy, vibrant neighborhoods and we’re proud of our long-time efforts to make a difference in the communities we call home.

On behalf of our Board of Directors and more than 900 associates, thank you for your trust in Lakeland. We continue to strive to be worthy of your confidence and support.

Thomas J. Shara - President & CEO

Our Initiatives

Environmental

Lakeland Bank has begun the use of smart lighting technology in its Administration buildings with plans to roll-out usage to other facilities. We have implemented recycling programs for paper and waste, and use filtered water to reduce our water waste. Lakeland Bank has devoted tremendous resources in instituting a digital initiative program, which is reducing paper usage and postage and delivery functions that impact the environment. Additionally, our remote work environment and our increasing use of virtual meetings has reduced our need for travel and associate commuting. In 2022, Lakeland distributed nearly 5,000 reusable tote bags to members of our community.

Human Capital Management

The success of our business is highly dependent on our associates, who are dedicated to our mission to inspire and enable the communities we serve to achieve financial stability and success. We seek to hire well-qualified associates to sustain and build on our culture of service and performance. We encourage the growth and development of our associates and, whenever possible, seek to fill positions by promotion and transfer from within the Company. At December 31, 2022, approximately 35% of our team had been with us for 10 years or more.

Continual learning and career development are advanced through annual performance and development conversations between associates and their managers, internally developed training programs, customized corporate training engagements and educational reimbursement programs. Our Leader Engagement and Development (LEAD) Program was launched in 2018 to foster leadership abilities and cultivate effective management approaches. To date, 51 associates have completed the program.

The safety, health and wellness of our associates is a top priority. As with many organizations, the COVID-19 pandemic presented unique challenges with regard to maintaining associate safety while continuing successful operations. We instituted remote working plans and ensured a safely-distanced working environment for associates performing customer-facing activities at branches and operations centers, closing branch lobbies as necessary. On an ongoing basis, we further promote the health and wellness of our associates by strongly encouraging work-life balance, offering flexible work schedules, keeping the associate portion of health care premiums to a minimum and sponsoring various wellness programs.

Diversity, Equity And Inclusion

We know that Lakeland’s continued success is dependent on having a workforce that reflects and represents our communities’ diverse backgrounds, experiences and perspectives. In 2020, we appointed our first Chief Diversity Officer, with a mandate to focus on and expand workforce, vendor/supplier and leadership diversity, among other vital issues. Our expanding range of DEI initiatives includes awareness training and listening sessions for associates and the creation of an associate-led Diversity Task Force to provide associates further opportunities for input into relevant issues, access to information and assistance on topics ranging from diversity to wellness, parenting and other personal issues and concerns. To further expand diversity in our workforce, we partnered on recruitment efforts with organizations such as the African American, Hispanic and New Jersey LGBT chambers of commerce, which have led to an increase in hiring diverse talent. A survey of Lakeland associates in 2021 found that 94% believe we are committed to diversity and 90% agree we are making progress with our initiatives. We are encouraged by these findings and committed to moving our efforts forward.

Lakeland’s Board of Directors also believes that the best decisions are reached after consideration and input is provided from members having a broad array of backgrounds, perspectives, talent and experience. This commitment to diversity dates back to 1995 when we welcomed our first female member of our Board of Directors, who was later appointed Board Chair in 2011. Our second female Director joined the Board in 2004 and the Board of Directors Nominating Corporate Governance Committee is moving forward to secure an additional racial/ethnic diverse Director. Additional information regarding our commitment to workforce diversity is available for review in Lakeland’s 2021 10K as well as the NASDAQ Board Diversity Matrix.

At December 31, 2022, the Company employed 913 associates of which approximately 68% are women.

A leader in gender diversity, Lakeland's Board of Directors has had female representation for over two decades.

Community Engagement

A key element of our mission is to encourage the stability and success of our communities. In 2021 – as the strains of COVID-19 were felt across our society – Lakeland supported organizations that provide healthcare, economic assistance, education and other vital resources. Some of our more significant community-oriented efforts included contributions for inner-city pediatric dentistry services; support for a community college technical training program; and our annual Scholarship Golf Outing, which aids local students who are pursuing higher education. In addition, through the efforts of our Healthcare Banking team, Lakeland provided millions of dollars in credit, as well as other financial services, to enable the work of assisted living and memory care facilities, ambulatory surgical centers, medical practices, behavioral health and substance abuse centers, and other healthcare providers across our market area.

Lakeland is also extremely proud of our “Outstanding” Community Reinvestment Act rating received from the Federal Deposit Insurance Corporation ("FDIC") in October 2020, a rating that we have maintained since 2005. The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods, consistent with safe and sound banking operations. The rating is based upon an assessment of three categories: lending, investment, and services. Included in the assessment are bank practices such as mortgage lending, small business lending, community development lending, investments and services to communities, along with associate community involvement.

Data Privacy And Cybersecurity

Maintaining the security, availability and integrity of our customers' private information is of paramount importance to our entire Lakeland team. We have integrated corporate policies and operating procedures that govern how we collect, use, retain and protect private and personal data of our customers and other stakeholders; manage and monitor third-party risk; and ensure operational continuity and recovery through resiliency planning and testing. Lakeland’s cybersecurity program utilizes multiple levels of preventive and detective tools, rigorous systems testing, vulnerability and software patch management, and a dedicated information security team.

Lakeland Charities

Since 1969, Lakeland Bank has cared for the banking needs of those in our local communities and provided resources for many initiatives that help build healthy, vibrant neighborhoods. Our philanthropic arm, Lakeland Charities, helps support local charitable causes and communities through volunteerism, fundraising and grants. Over the past five years, Lakeland has donated more than $5 million dollars to worthy causes. Two of our largest initiatives include the Ray Cordts Memorial Sussex County Golf Classic, which has donated over $1.6 million to non-profits in Sussex County, New Jersey as well as our Annual Scholarship Golf Outing which has provided more than $3 million in scholarships to deserving students in New Jersey and New York. We also provide support to address financial independence, homelessness solutions and affordable housing programs, educational programs offering financial and cybersecurity skills, youth programs and services including childcare and afterschool programs, emergency services including food, shelter and clothing as well as health and well-being services.

501(c)3 ID: 22-330223

Leadership

Thomas J. Shara

President and Chief Executive Officer / Lakeland Bancorp, Inc. and Lakeland Bank

250 Oak Ridge Road
Oak Ridge, NJ 07438

Email: tshara at lakelandbank dot com

Mr. Shara was named President and Chief Executive Officer of Lakeland Bancorp, Inc. and Lakeland Bank effective April 2, 2008. Prior to joining Lakeland Bank, Mr. Shara served as President and Chief Lending Officer of TD Banknorth’s (now TD Bank) Mid-Atlantic Division, which includes New Jersey, New York and Pennsylvania. Prior to TD Banknorth acquiring Hudson United Bank, Mr. Shara was Executive Vice President and Senior Loan Officer of HUBCO, a $9 billion commercial bank, where he oversaw organic growth and was responsible for integrating over 30 acquisitions.

Mr. Shara serves on the Board of Trustees of the Boys and Girls Club of Paterson and Passaic, N.J., the Board of Directors of the Commerce and Industry Association of New Jersey, and is Chairman of the New Jersey Bankers Association board. He also serves on the Board of Governors of the Ramapo College Foundation and is a Foundation Officer on the Board of Trustees of Chilton Medical Center Foundation. Mr. Shara earned a master’s degree in business administration as well as a Bachelor of Science from Fairleigh Dickinson University.

Learn More about Thomas J. Sharatshara at lakelandbank dot com

Mary Ann Deacon

Board Chair
Secretary and Treasurer, Deacon Homes, Inc.

Ms. Deacon is the Secretary and Treasurer of Deacon Homes, Inc., a real estate development company in Sparta, New Jersey. She has over thirty years of extensive experience in real estate development, construction, property management and sales. In addition to serving on every committee of the Board during her tenure with Lakeland Bancorp, Inc., Ms. Deacon has held leadership and committee positions in state and local real estate associations, during which time she has gained experience in ethics, professional standards, strategic planning and governance. In January 2010, Ms. Deacon was elected Vice Chairman of the Boards of Lakeland Bancorp, Inc. and Lakeland Bank, and in May 2011, she was elected Chairman of the Boards of Lakeland Bancorp, Inc. and Lakeland Bank. Ms. Deacon has been a member of the Board of Lakeland Bancorp, Inc. since 1995.

Learn More about Mary Ann Deacon

Bruce D. Bohuny

Director since 2007
President, Brooks Builders

Mr. Bohuny is the President of Brooks Limited, a construction company in Franklin Lakes, New Jersey. He has over twenty years of experience in the real estate business, particularly land development and building, as well as a background in the equity and fixed income markets.

Learn More about Bruce D. Bohuny

Brian Flynn

Director since 2010
CPA and Partner, PKF O'Connor Davies, LLP

Mr. Flynn is a partner at PKF O'Connor Davies, LLP, the leading North American firm in the PKF International network of independent accounting and advisory firms. Mr. Flynn is a member of the Executive Committee and managing partner for the firm's New Jersey market. With over thirty years of experience as a practicing certified professional accountant, Mr. Flynn has in-depth knowledge of generally accepted accounting principles and auditing standards. He has worked with audit committees and boards of directors, including previously serving on the Boards of TD Banknorth, Inc. and Hudson United Bancorp. Mr. Flynn provides Lakeland Bancorp, Inc.’s Board and Audit Committee with extensive expertise in auditing and preparation of financial statements.

Learn More about Brian Flynn

Mark J. Fredericks

Director since 1994
President, Keil Oil Inc. and Fredericks Fuel and Heating Service

Mr. Fredericks has extensive years of service as a Director of Lakeland Bancorp, Inc. and Lakeland Bank. He has experience in the real estate industry, having managed a number of real estate partnerships. Mr. Fredericks has held leadership positions in numerous charitable organizations. He served as a trustee of Chilton Memorial Hospital, at which time he served as a member of the finance committee, and is presently the President of the West Milford Education Foundation.

Learn More about Mark J. Fredericks

Brian Gragnolati

Director since 2020
President and CEO of Atlantic Health System

Mr. Gragnolati is President and CEO of Atlantic Health System, an integrated health care delivery system with 17,000 employees that serves more than half the state of New Jersey. He serves as Immediate Past Chairman of the Board of Trustees of the American Hospital Association (AHA) and has twice been presented the AHA’s Partnership for Action Grassroots Champion Award, which honors a hospital leader who has effectively educated elected officials on major issues affecting hospitals, while advocating for patients and the community.

Mr. Gragnolati is also an active member of the board of Paper Mill Playhouse and serves as an Advisory Trustee for Liberty Science Center. He holds a bachelor’s degree in Health Systems Analysis from the University of Connecticut, an MBA from Western New England College, and an Executive Leadership Certificate from the JFK School at Harvard University.

Learn More about Brian Gragnolati

James E. Hanson II

Director since 2018
President and CEO of The Hampshire Companies

Mr. Hanson oversees the operation and investment activities of The Hampshire Companies and its funds. He has over 35 years of real estate investment management and operational experience. Mr. Hanson is currently a Council Member of the New Jersey State Investment Council; an Executive-In-Residence and Co-Chair of the Board of Advisors for the Center of Real Estate Studies at Rutgers Business School; a Commissioner of the Palisades Interstate Park Commission; and a Member of the Board of Directors of the New Jersey Chamber of Commerce. Mr. Hanson earned a bachelor’s degree from Hope College and a juris doctor degree from Vermont Law School.

Learn More about James E. Hanson II

Janeth C. Hendershot

Director since 2004
Former Senior Vice President, Munich-American Risk Partners

Ms. Hendershot, having most recently served as global team project lead for Munich Re Group, has significant experience in the leadership and management of various corporate entities and their operations. She also has experience in managing and controlling risk-taking operations within the insurance industry, and in information technology strategy and developments. Ms. Hendershot received an economics degree from Cornell University.

Learn More about Janeth C. Hendershot

Lawrence R. Inserra, Jr.

Director since 2016
Chairman of the Board and CEO of Inserra Supermarkets, Inc.

Mr. Inserra is Chairman of the Board and CEO of Inserra Supermarkets, Inc., a family-owned business founded in 1954. Inserra Supermarkets is one of the largest supermarket chains in the metropolitan area, which owns and operates 22 ShopRite stores throughout New Jersey and New York. He holds a number of leadership positions, both professionally and philanthropically, including board member and treasurer of Wakefern Food Corporation.

In 2013, Mr. Inserra was named Chairman of the Board of Governors at Hackensack University Medical Center (HUMC) after serving as First Vice Chairman and Chairman of the Human Resources Committee at HUMC. He is currently a board member for Food Industry Alliance of New York, Commerce and Industry Association of New Jersey, Hackensack Economic Development Commission and several foundations. Mr Inserra holds a Bachelor of Science degree in Business and Economics from Lehigh University.

Mr. Inserra served as a director of Pascack Community Bank from 2011 until the closing of the merger with Lakeland Bank, and as a member of Pascack’s compliance committee.

Learn More about Lawrence R. Inserra, Jr.

Robert E. McCracken

Director since 2004
President of Smith-McCracken Funeral Home and Wood Funeral Home

Mr. McCracken is the president of Wood Funeral Home and Smith-McCracken Funeral Home and the sole managing member and owner of REM, LLC, a real estate holding and investment company. Mr. McCracken has over eighteen years’ experience serving on the boards of various banks, and presently serves as a director on the Boards of Directors of Lakeland Bancorp, Inc. and Lakeland Bank, and as Chair of the Compensation Committee.

A lifelong member of our communities, Mr. McCracken has held leadership positions in numerous non-profit and local charities, including presently serving as the Board Chair of Atlantic Health Systems, and previously as Board Chair of Newton Memorial Hospital, now known as the Newton Medical Center.

Learn More about Robert E. McCracken

Robert Nicholson III

Director since 2003
President and CEO, Northern Resources Corporation

Mr. Nicholson has broad experience in the management and acquisition of companies and commercial real estate. As a result of his civic and business commitment to our communities, Mr. Nicholson has been honored with the Outstanding Citizen of the Year award from Sparta Township and as a Distinguished Citizen by the Boy Scouts of America, Patriots Path Council. He also received the Distinguished Alumni Award from his alma mater, Florida Southern College, for outstanding service to his professions and community.

Learn More about Robert Nicholson III

Thomas J. Shara

President and Chief Executive Officer / Lakeland Bancorp, Inc. and Lakeland Bank

250 Oak Ridge Road
Oak Ridge, NJ 07438

Email: tshara at lakelandbank dot com

Learn More about Thomas J. Sharatshara at lakelandbank dot com

Ronald E. Schwarz

Sr. Executive Vice President / Chief Operating Officer

250 Oak Ridge Road
Oak Ridge, NJ 07438

Email: rschwarz at lakelandbank dot com

Mr. Schwarz joined Lakeland Bank in 2009 as Chief Retail Officer and currently oversees Retail Banking, Commercial Lending and Marketing in his role as Chief Operations Officer.

Prior to joining Lakeland, Mr. Schwarz, with over 45 years of retail banking experience in Northern, New Jersey, was Executive Vice President and Market Executive of Retail Banking at Sovereign (now Santander) for their Northern New Jersey division. In this capacity, he was responsible for all aspects of management for a 79 branch network and over $4 billion in deposits. Prior to Sovereign, he was Senior Vice President and NJ Retail President for Independence Community Bank and also held positions with Broad National Bank, Urban National Bank, Midlantic National Bank and United Jersey Bank.

Mr. Schwarz is a graduate of the Stonier Graduate School of Banking and is currently a member of the Board of Directors for the Metro YMCA’s of the Oranges and a past member of the Board of Directors for Hudson County Community College Foundation.

Learn More about Ronald E. Schwarzrschwarz at lakelandbank dot com

Thomas F. Splaine, Jr.

Executive Vice President/Chief Financial Officer

250 Oak Ridge Road
Oak Ridge, NJ 07438

Email: TSplaine at lakelandbank dot com

Mr. Splaine serves as Executive Vice President, Chief Financial Officer and began his career at Lakeland Bank as Senior Vice President and Chief Accounting Officer in 2016.

Prior to joining Lakeland, Mr. Splaine was employed by Investors Bank from 2004 until 2015 in various positions including Senior Vice President, Financial Planning and Analysis and Investor Relations, and as Chief Financial Officer. His additional previous employment included Hewlett-Packard Financial Services, CIT and KPMG LLC.

Mr. Splaine earned both an undergraduate degree in accounting and a Master's in Business Administration from Rider University.

Learn More about Thomas F. Splaine, Jr.TSplaine at lakelandbank dot com

Paul Ho-Sing-Loy

Executive Vice President / Chief Information Officer

5736 Berkshire Valley Road
Oak Ridge, NJ 07438

Email: PHoSingLoy at lakelandbank dot com

Paul Ho-Sing-Loy joined Lakeland Bank in 2017 as Executive Vice President, Chief Information Officer based in Oak Ridge. Mr. Ho-Sing-Loy is responsible for further developing and leading the information technology strategy for the Bank.

Ho-Sing-Loy’s extensive industry experience spans more than 30 years and was most recently Senior Vice President, Business Solutions at Associated Bank, a regional bank with $29 billion in assets headquartered in Wisconsin. Prior to that, he served as divisional Chief Technology Officer for Bank of America in San Francisco and Wells Fargo Bank in San Francisco.

He earned a bachelor’s degree in computer science from Cornell University.

Learn More about Paul Ho-Sing-Loy PHoSingLoy at lakelandbank dot com

Timothy J. Matteson, Esq.

Executive Vice President / Chief Administrative Officer / General Counsel and Corporate Secretary

250 Oak Ridge Road
Oak Ridge, NJ 07438

Email: TMatteson at lakelandbank dot com

Mr. Matteson joined Lakeland Bank in 2008 and currently serves as serves as Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary for both Lakeland Bancorp, Inc. and Lakeland Bank, and as a member of Lakeland's Executive Management Team.

Mr. Matteson is responsible for the supervision of the administrative and operational departments, including Information Technology, Business Application Support, Deposit Operations, Enterprise Solutions, Facilities, Human Resources, Legal, Loan Operations and Physical Security.

Mr. Matteson previously served as General Counsel at Hudson United Bancorp, Assistant General Counsel at IDB Bank, Senior Attorney at TD Banknorth (now TD Bank) and Counsel at Summit Bank.

Mr. Matteson earned his law degree from the Benjamin N. Cardozo School of Law, Yeshiva University, and Bachelor of Arts degree from Rutgers University. Mr. Matteson also is a graduate of the ABA Stonier Graduate School of Banking, in connection with which he completed the requirements to receive the Wharton Leadership Certificate from the Wharton School, Aresty Institute of Executive Education, at the University of Pennsylvania, and separately earned the certificate from the ABA Advanced Commercial Lending School. Mr. Matteson is admitted to practice law in New Jersey and New York.

Learn More about Timothy J. Matteson, Esq.TMatteson at lakelandbank dot com

James M. Nigro

Executive Vice President / Chief Risk Officer

250 Oak Ridge Road
Oak Ridge, NJ 07438

Email: JNigro at lakelandbank dot com

Mr. Nigro joined Lakeland Bank in 2016 as Executive Vice President and Chief Risk Officer. He previously served as Senior Vice President, Credit Risk Manager at The Provident Bank in Iselin, NJ.

His banking career began in 1994 at Summit Bank in Berkeley Heights where he held various credit and lending positions in Chatham, Cranford, Dayton, and Bridgewater. He advanced to Vice President, Regional Sales Manager, a position he held until 2001 when he left Summit Bank to pursue opportunities with the former Somerset Hills Bank in Bernardsville as Executive Vice President, Chief Lending Officer.

Mr. Nigro graduated magna cum laude from Seton Hall University with a bachelor’s degree in finance, and was a member of Beta Gamma Sigma and the Financial Management Association. He was recently named Chairman of the Morris Habitat for Humanity where he has served as a Director and Treasurer since January 2013. He also serves as Secretary for the Morris County Housing Alliance, is a member of the Risk Management Association and serves on a committee for the New Jersey Bankers Association.

Learn More about James M. Nigro JNigro at lakelandbank dot com

Ellen Lalwani

Executive Vice President / Chief Banking Officer

250 Oak Ridge Road
Oak Ridge, NJ 07438

Email: ELalwani at lakelandbank dot com

Mrs. Lalwani joined Lakeland Bank in August 2008 as Senior Vice President, Director, Retail Sales and has more than 20 years of retail banking experience. Before joining Lakeland Bank, Ellen was previously employed by TD Bank, Key Bank, Hudson United Bank, and began her banking career at Chase. Mrs. Lalwani earned a bachelor’s degree in finance with a minor in economics from St. John’s University and graduated with an M.B.A. from Strayer University with a Welch Scholar designation. Ellen graduated from the American Bankers Association Stonier Graduate School of Banking. She has earned an Aresty Scholar designation from The Wharton School of Business. She currently attends Capella University pursuing doctoral studies in leadership and management. Ellen is an Advisory Board Member to the American Bankers Association Stonier Graduate School of Business and the Wharton School of Business Leadership Program.

Ellen has been awarded the 2019 NJ Biz Best 50 Women in Business, the ROI Women Influencers award in 2021, and the NJ Bankers Association Inaugural Woman of Impact Award for 2022.

Learn More about Ellen LalwaniELalwani at lakelandbank dot com

John F. Rath, III

Executive Vice President / Chief Lending Officer / Commercial Lending

250 Oak Ridge Road
Oak Ridge, NJ 07438

Direct: 973-841-6210

Email: jrath at lakelandbank dot com

Mr. Rath serves as Executive Vice President, Chief Lending Officer and joined Lakeland Bank in March 2015 as Senior Vice President and Group Manager, responsible for Middle Market and C&I lending, Asset Based Lending and Equipment Finance. He has over 35 years of banking experience and was previously employed by TD Bank for over 16 years as Senior Vice President and Group Manager responsible for Middle Market, Commercial and Small Business lending activities in the Lower Hudson Valley prior to his departure. Prior to that, he was with The Bank of New York for 18 years where he held various positions.

He serves as a Board member and past Chairman for Hudson Valley Pattern for Progress and is on the boards of Hospice of Orange and Sullivan Counties and the Bardavon 1869 Opera House. He has been an Advisory Board member for the Food Bank of the Hudson Valley for 25 years and was Co-Chairman of their Capital Campaign.

Mr. Rath was a recipient of the 2014 Mount Saint Mary's College Joseph A. Bonura Leadership award and 2017 United Way of Dutchess/Orange Community Champion award. He graduated from Washingtonville Senior High School and attended Dutchess County Community College.

Learn More about John F. Rath, IIIjrath at lakelandbank dot com

Karen Garrera

Executive Vice President / Chief Retail Officer

250 Oak Ridge Road
Oak Ridge, NJ 07438

Email: KGarrera at LakelandBank dot com

Mrs. Garrera joined Lakeland Bank in 2000 through the acquisition of Metropolitan State Bank as Vice President, Regional Administrator for the Southern Region and has more than 30 years of retail banking experience. In 2007, she was promoted to Senior Vice President, Regional Administrator of the Bank’s Southern Region and in 2016, she was promoted to First Senior Vice President and Senior Regional Administrator. She is currently a board member for the Chilton Medical Center Foundation.

Learn More about Karen GarreraKGarrera at LakelandBank dot com

Stephen Novak

Executive Vice President / Sr. Commercial Real Estate Officer & Group Leader

652 Wyckoff Avenue
Wyckoff, NJ 07481

Office: 201-847-7692

Direct: 201-425-9200

Email: SNovak at lakelandbank dot com

Stephen Novak is an Executive Vice President, Senior Commercial Real Estate Officer and Group Leader for several of Lakeland Bank’s lending teams. Mr. Novak joined Lakeland Bank in 2001 and has a banking career that spans 30 years, including his tenure with Independence Bank of New Jersey and Commerce Bank.

In addition to his position with Lakeland Bank, Mr. Novak is active within the community including several board/trustee/membership positions with local not-for-profit organizations, charities and various trade organizations, including Commerce and Industry of New Jersey and NAIOP. Mr. Novak serves as the trustee/treasurer for Allendale Housing Inc., which is a not-for-profit organization that is active in the development of housing for low to moderate income developmentally disabled individuals.

Mr. Novak received his Associates Degree in Business from Bergen Community College and both his Bachelors Degree in Finance/Economics and his MBA in Finance from Montclair State University. Mr. Novak is also a graduate of The Stonier Graduate School of Banking and the Wharton Leadership Program.

Learn More about Stephen NovakSNovak at lakelandbank dot com

John Andreacio

Executive Vice President / Group Leader

Phone-hide: 866-224-1379

Email: JAndreacio at lakelandbank dot com

Mr. Andreacio serves as Executive Vice President, Group Leader, joining Lakeland Bank in January 2022 through the acquisition of 1st Constitution Bank where he served as Executive Vice President, Chief Lending Officer and Chief Credit Officer. Prior to joining 1st Constitution in 2012, he was President and Chief Executive Officer of Northern State Bank, a community bank located in Bergen County, N.J. Prior to that, he served as an Executive Vice President with National Penn Bank/KNBT and Senior Vice President of First Union Corporation (now Wells Fargo) in the Lending and Credit areas.

Mr. Andreacio earned a Bachelor of Science degree in finance from Seton Hall University and a Master’s in Business Administration from Rutgers University. He is also a member of the Risk Management Association and the New Jersey Bankers Commercial Lending Committee.

Learn More about John AndreacioJAndreacio at lakelandbank dot com

Thomas Stackhouse

Executive Vice President / Chief Credit Officer

250 Oak Ridge Road
Oak Ridge, NJ 07438

Email: TStackhouse at LakelandBank dot com

Mr. Stackhouse joined Lakeland Bank in 2019 as First Senior Vice President, Senior Credit Officer and has more than 25 years of industry experience. Previously, he was a Commercial Real Estate Underwriting Manager at Provident Bank and prior to that, he was Senior Vice President Construction Lending, and Senior Vice President and Chief Credit Officer at Investors Bank. Stackhouse earned a Bachelor of Science degree in business administration at Villanova University and is a graduate of Stonier Graduate School of Banking. He is a board member and treasurer for Collier Youth Services Foundation and serves on the Kislak Real Estate Institute Executive Advisory Counsel at Monmouth University. His professional affiliations include memberships in Risk Management Associates, the Society of Chief Appraisers and the Society of Certified Insurance Counselors.

Learn More about Thomas StackhouseTStackhouse at LakelandBank dot com

David S. Yanagisawa

Executive Vice President / Senior Loan Officer / Commercial Lending

250 Oak Ridge Road
Oak Ridge, NJ 07438

Email: DYanagisawa at lakelandbank dot com

Mr. Yanagisawa joined Lakeland in November 2008 as Chief Lending Officer. Mr. Yanagisawa has over 45 years’ experience in commercial banking, including Senior Loan Officer for TD Bank in the Northern New Jersey market. Before TD Bank’s acquisition of Hudson United Bank in 2006, Mr. Yanagisawa had been with Hudson United Bank for nine years. Prior to Hudson United, he held various senior lending positions through successive mergers, with Bergen State Bank, Citizens First National Bank of NJ, NatWest Bank and Fleet National Bank.

He is a member of the Garden State Credit Associates, the 200 Club of Bergen County and Risk Management Associates and is a former board member of the Volunteer Center of Bergen County.

Mr. Yanagisawa holds MBA and Bachelor’s degrees from Fairleigh Dickinson University and advanced banking degrees from The Stonier Graduate School of Banking and The Graduate Commercial Lending School.

Learn More about David S. YanagisawaDYanagisawa at lakelandbank dot com