FDIC Approves Merger of Harmony Bank Into Lakeland Bank
May 19 2016 - 1:47PM
Lakeland Bancorp, Inc. (NASDAQ:LBAI) (the “Company”), the parent
company of Lakeland Bank, and Harmony Bank (OTCPK:HRMB) announced
today that the Company has received approval from the Federal
Deposit Insurance Corporation of the proposed merger of Harmony
Bank with and into Lakeland Bank. The New Jersey Department of
Banking and Insurance approved the merger in April 2016. The
proposed merger is subject to the approval of Harmony Bank’s
shareholders at a special meeting of shareholders to be held on
June 22, 2016, and to certain other conditions, as described in the
final proxy statement and prospectus dated May 13, 2016, which has
been filed with the Securities and Exchange Commission and is being
mailed to Harmony Bank’s shareholders.
Additional Information and Where to Find It
This communication does not constitute an offer
to sell or the solicitation of an offer to buy any securities or a
solicitation of any vote or approval. In connection with the
merger, Lakeland Bancorp, Inc. has filed a registration statement
with the Securities and Exchange Commission, which has been
declared effective. The proxy statement and prospectus contained in
the registration statement is being mailed to shareholders of
Harmony Bank. Investors are advised to read the proxy
statement and prospectus because it contains important information.
Copies of the proxy statement and prospectus and other documents
filed by Lakeland Bancorp with the SEC are available free of charge
at the SEC’s website at www.sec.gov. Documents filed by Lakeland
Bancorp may also be accessed and downloaded for free at Lakeland
Bancorp’s website at www.lakelandbank.com or by directing a
request to Investor Relations, Lakeland Bancorp, Inc., 250 Oak
Ridge Road, Oak Ridge, NJ 07438 (973-697-2000). Requests for the
proxy statement and prospectus may also be made to Investor
Relations, Harmony Bank (732-719-3710).
Forward-Looking Statements
This communication contains forward-looking
statements that are made in reliance upon the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements speak only as of the date made,
and are subject to numerous assumptions, risks and uncertainties,
all of which may change over time. Neither Lakeland Bancorp nor
Harmony Bank assumes any obligation for updating any such
forward-looking statements at any time.
Contact:
Lakeland Bancorp, Inc.:
Thomas J. Shara
President & CEO
Joseph F. Hurley
EVP & CFO
973-697-2000
Harmony Bank:
Michael A. Schutzer
President & CEO
732-719-3710
Lakeland Bancorp (NASDAQ:LBAI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Lakeland Bancorp (NASDAQ:LBAI)
Historical Stock Chart
From Apr 2023 to Apr 2024