Lakes State Bank

Status:Inactive as of 04/10/2015
 Merger - Without Assistance
Successor Bank:First National Bank North
Headquarters:Lakes State Bank
14521 Edgewood Drive
Baxter, MN 56425
Established:09/25/1907
FDIC Insurance:01/01/1934
FDIC Cert:#1389
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$111,307,000
Total Deposits:$95,992,000

History

1907-09-25Institution established: Original name:Backus State Bank
1990-12-15Changed name to Pequot Lakes State Bank
1990-12-15Moved bank headquarters from BACKUS, MN to PEQUOT LAKES, MN
1995-12-01Changed name to Lakes State Bank
2015-01-05Moved bank headquarters from PEQUOT LAKES, MN to BAXTER, MN
2015-04-10Merged into and subsequently operated as part of The First National Bank of Walker (5269) in WALKER, MN
2015-09-01Changed name to First National Bank North (5269)

Financial Information (2015-03-31 and Older)