|
 |
 |
|
State Bank of Lake Park
|
State Bank of Lake Park
| RSSD ID 912756 | CERTIFICATE 9351 | ABA NUMBER 91215749 |
| 2049 2nd Street |
Quarter Ended : |
2026-06-30 |
| Lake Park, Minnesota, 56554 |
Updated : |
2026-07-10 |
| https://www.statebankoflakepark.com |
|
| Institution Profile |
| Year Opened : |
1926 |
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 |
|
| Specialization : |
All Other Under 1 Billion |
| Number of Offices : |
2 |
Number of Employees : |
7 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
|
Income Statement (USD, in thousands, ytd) |
| Total Assets | 46,999 |
|
Total Interest Income | 1,194 |
| Total Liabilities | 42,662 |
|
Total NonInterest Income | 32 |
| Total Bank Equity Capital | 4,337 |
|
Total Interest Expense | 352 |
| Total Deposits | 42,529 |
|
Total NonInterest Expense | 529 |
| Net Loans & Leases | 25,823 |
|
Net Income | 319 |
| Loan Loss Allowance | 460 |
|
Net Charge Offs | 10 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages (USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 25,895 |
| Total assets for the leverage ratio | 46,530 |
|
Loans secured by real estate: | 20,302 |
| Tier 1 Leverage Ratio | 10.98 |
|
Commercial and industrial loans | 1,902 |
| Off Balance Sheet Exposures (%) | 1.59 |
|
Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 2,958 |
|
|
|
|