LAKE ELMO BANCSHARES, INC. Financial Reports

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:· LAKE ELMO BANCSHARES, INC.

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LAKE ELMO BANCSHARES, INC.

Institution Profile

Year Opened :

1995

Institution Type :

Holding Company

Reserve District :

Minneapolis

Federal Regulator :

FED

Entity Type :

Bank Holding Company

Fiscal Year End :

12/31

Structure :

Corporation (stock)

S-Corp :

Yes

External Auditor :

Clifton Larson Allen, LLP

Related Bank / Thrift	Assets	Asset Concentration
Lake Elmo Bank	508,159	Commercial Lending Specialization

Financial Fast Facts
Balance Sheet (USD, in thousands)		Income Statement (USD, in thousands, ytd)

Total Assets	57,141	Total Operating Income	5,326
Total Liabilities	7,123	Total Operating Expenses	587
Total Equity Capital	50,018	Equity in Undistributed Income	3,494
		Net income (loss)	8,281

Miscellaneous
Cash Dividends Declared by Bank Holding Company	4,106
Total Consolidated Assets of Bank Holding Company	521,106

Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury