Lake Area Bank

Lake Area Bank is headquartered in Lindstrom and is the 53^rd largest bank in the state of Minnesota. It is also the 2,391^st largest bank in the nation. It was established in 1915 and as of March of 2012, it had grown to 100 employees at 8 locations. Lake Area Bank has a 3-star health rating.

Lake Area Bank Routing Number: 091912521

Data for Q1 2012

Institution Statistics Lake Area Bank FDIC Certificate # 1390 BankRate Report View Year Established 1915 Employees 100 Primary Regulator FDIC Assets and Liabilities Assets $270.06 million Loans $171.75 million Deposits $231.47 million Equity Capital $26.69 million Loan Loss Allowance $4.67 million Unbacked Noncurrent Loans $9.54 million Real Estate Owned $7.97 million Historic Data - March 2011 Assets $279.16 million Equity Capital $25.88 million Loan Loss Allowance $5.97 million Unbacked Noncurrent Loans $12.33 million Real Estate Owned $8.65 million Profit Margin - Quarterly Net Interest Margin 3.8% Return on Assets 0.36% Return on Equity 3.7% Interest Income $2.85 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Lake Area Bank had $17.51 million in non-current loans and owned real-estate with $31.36 million in equity and loan loss allowances on hand to cover it. This gives Lake Area Bank a Texas Ratio of 55.82% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Lake Area Bank decreased slightly from 65.88% as of March 31, 2011 to 55.82% as of March 31, 2012, resulting in a positive change of 15.26%.This indicates that the balance sheet and financial strength for Lake Area Bank has improved slightly in recent periods. Deposit Growth In the past year, Lake Area Bank has decreased its total deposits by -$6.46 million, resulting in -2.72% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Lake Area Bank has shown is below average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Lake Area Bank has $270.06 million in assets with $31.36 million in equity, resulting in a capitalization level of 11.61%, which is above average.

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