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 Lake Region Bank
Lake Region Bank
| RSSD ID 164153 | CERTIFICATE 10965 | ABA NUMBER 91911153 |
| 51 Main St S |
Quarter Ended : |
2025-03-31 |
| New London, Minnesota, 56273 |
Updated : |
2025-04-22 |
| www.lakeregion.com |
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| Institution Profile |
| Year Opened : |
1915 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
All Other Under 1 Billion |
| Number of Offices : |
3 |
Number of Employees : |
31 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 142,279 |
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Total Interest Income | 1,642 |
| Total Liabilities | 130,386 |
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Total NonInterest Income | 543 |
| Total Bank Equity Capital | 11,893 |
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Total Interest Expense | 195 |
| Total Deposits | 129,503 |
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Total NonInterest Expense | 1,398 |
| Net Loans & Leases | 61,701 |
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Net Income | 554 |
| Loan Loss Allowance | 715 |
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Net Charge Offs | (7) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 17,848 |
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Total loans | 60,949 |
| Total assets for the leverage ratio | 146,182 |
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Loans secured by real estate: | 36,604 |
| Tier 1 Leverage Ratio | 11.72 |
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Commercial and industrial loans | 10,491 |
| Tier 1 Capital Ratio | 22.73 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 23.68 |
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Loans to individuals - Other | 5,059 |
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:· Lake Region Bank
