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Lake Central Bank
Annandale, MN · FDIC Certificate #10989 · Chartered 08/1
Total assets
$291.31M
Total deposits
$257.35M
Total equity
$30.45M
Net loans
$183.73M
Branches (offices)
3
Net income (YTD)
$3.42M
Rank: #2,514 of 4,213 U.S. banks by assets · #92 of 221 in Minnesota. Assets changed 4.2% and deposits 8.2% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 2.39% |
| Return on equity | 22.75% |
| Net interest margin (YTD) | 4.30% |
| Equity to assets | 10.45% |
| Tier 1 leverage ratio | 11.15% |
| Uninsured deposits (share of deposits) | 22.0% |
| Noncurrent loans (share of loans) | 0.04% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 71.4% |
| Real estate loans (share of loans) | 64.5% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $118.54M | 64.5% | |
| Commercial & industrial | $37.17M | 20.2% | |
| Consumer / individual | $14.02M | 7.6% | |
| Construction & development | $19.48M | 10.6% | |
| Agricultural | $10.62M | 5.8% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $208.88M | $192.54M | $1.69M | $15.23M |
| Jun 2023 | $208.55M | $190.57M | $1.17M | $16.84M |
| Jun 2024 | $272.17M | $238.39M | $1.91M | $23.12M |
| Jun 2025 | $279.65M | $237.75M | $2.34M | $26.16M |
| Jun 2026 | $291.31M | $257.35M | $3.42M | $30.45M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $257.35M | 3 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $257.35M.
Similar-sized banks
State Savings Bank ($291.89M) · First Colony Bank Of Florida ($291.15M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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