Lake Area Bank, Forest Lake Branch

Name:Lake Area Bank, Forest Lake Branch
Full Service Brick and Mortar Office
Review:1 client review
Location:808 W. Broadway, Suite D
Forest Lake, MN 55025

Washington County
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FDIC Cert:#1390
Established:2019-07-01


The Bank

Name:Lake Area Bank
Concentration:Commercial Lending Specialization
Established:1915-10-22
FDIC Insurance:1934-01-01
Holden By:Waseca Bancshares Inc
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:5, view all, view on map
Website:www.lakeareabank.com
Total Assets:$423,224,000
Total Deposits:$373,817,000
Total Equity Capital:$45,025,000
Total Domestic Office Deposits:$373,817,000
Net Income:$1,968,000
Quarterly Net Income:$1,492,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:8%
Quarterly Return on Equity:13%
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Client Review

1 client review of Lake Area Bank scored 5 out of 5.

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