Lake Region Bank

Lake Region Bank
51 Main St S
New London, MN 56273

Status: Active
Concentration:Other Specialized Under 1 Billion
Established:01/12/1915
FDIC Insurance:01/01/1934
FDIC Cert:#10965
Holden By:KANDI BANCSHARES INC
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:3, ranked #2586
Website:www.lakeregion.com
Total Assets:$144,237,000, ranked #3480
Total Deposits:$133,504,000, ranked #3332
Total Equity Capital:$9,954,000, ranked #3847
Total Domestic Deposits:$133,504,000, ranked #3332
Net Income:$2,420,000, ranked #2569
Quarterly Net Income:$625,000, ranked #2351
Return on Assets:2%, ranked #190
Quarterly Return on Assets:2%, ranked #189
Return on Equity:33%, ranked #131
Quarterly Return on Equity:31%, ranked #136

Financial Information (2023-12-31 and Older)