Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 


 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported): December 29, 2004

 


 

LAKELAND BANCORP, INC.

(Exact Name of Registrant as Specified in its Charter)

 


 

New Jersey   33-27312   22-2953275

(State or Other Jurisdiction

of Incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

250 Oak Ridge Road, Oak Ridge, New Jersey   07438
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code (973) 697-2000

 


 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



Item 1.01 Entry Into a Material Definitive Agreement.

 

On December 29, 2004, the United States Bankruptcy Court for the Southern District of California approved the Settlement Agreements with Royal Indemnity Company and the Trustee for the bankruptcy estates of Commercial Money Center, Inc. and Commercial Servicing Corporation, as described in the registrant’s Current Report on Form 8-K dated November 24, 2004 (the “Prior 8-K”). As a result, the Settlement Agreements described in the Prior 8-K are effective and binding on the parties. Lakeland Bank has received the sum of $1,850,000, plus interest, and will retain payments previously paid to it by Royal Indemnity Company in the amount of $531,275, as described in the Prior 8-K.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

LAKELAND BANCORP, INC.
By:  

/s/ Roger Bosma


Name:   Roger Bosma
Title:   President and Chief Executive Officer

 

Dated: January 3, 2005

 

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