Lake Region Bank

Lake Region Bank
51 Main Street
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 #2634
Website:www.lakeregion.com
Total Assets:$154,217,000, ranked #3422
Total Deposits:$148,976,000, ranked #3274
Total Equity Capital:$4,430,000, ranked #4401
Total Domestic Deposits:$148,976,000, ranked #3273
Net Income:$1,426,000, ranked #2936
Quarterly Net Income:$404,000, ranked #3319
Return on Assets:1%, ranked #786
Quarterly Return on Assets:1%, ranked #1238
Return on Equity:21%, ranked #306
Quarterly Return on Equity:28%, ranked #312

Financial Information (2022-09-30 and Older)