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Minnesota Lakes Bank
Delano, MN · FDIC Certificate #23986 · Chartered 06/2
Total assets
$129.76M
Total deposits
$113.48M
Total equity
$15.22M
Net loans
$74.47M
Branches (offices)
2
Net income (YTD)
$917.00K
Rank: #3,463 of 4,213 U.S. banks by assets · #148 of 221 in Minnesota. Assets changed 3.6% and deposits 5.4% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.43% |
| Return on equity | 12.07% |
| Net interest margin (YTD) | 5.42% |
| Equity to assets | 11.73% |
| Tier 1 leverage ratio | 10.69% |
| Uninsured deposits (share of deposits) | 16.9% |
| Noncurrent loans (share of loans) | 3.18% |
| Net charge-offs (share of loans) | -0.18% |
| Loans to deposits | 65.6% |
| Real estate loans (share of loans) | 80.3% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $59.79M | 80.3% | |
| Commercial & industrial | $14.68M | 19.7% | |
| Consumer / individual | $791.00K | 1.1% | |
| Construction & development | $5.86M | 7.9% | |
| Agricultural | $101.00K | 0.1% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $147.70M | $135.44M | $149.00K | $11.66M |
| Jun 2023 | $152.07M | $139.59M | $472.00K | $11.66M |
| Jun 2024 | $135.74M | $121.05M | $883.00K | $13.57M |
| Jun 2025 | $125.22M | $107.64M | -$19.00K | $14.50M |
| Jun 2026 | $129.76M | $113.48M | $917.00K | $15.22M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $113.48M | 2 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $113.48M.
Similar-sized banks
SSB Bank ($129.92M) · First State Bank ($129.71M)
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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