Lake City Federal Bank

Lake City Federal Bank is headquartered in Lake City and is the 213^st largest bank in the state of Minnesota. It is also the 5,603^rd largest bank in the nation. It was established in 1934 and as of March of 2012, it had grown to 19 employees at 1 location. Lake City Federal Bank has a 3-star health rating.

Lake City Federal Bank Routing Number: 291970282

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Data for Q1 2012

Institution Statistics Lake City Federal Bank OTS # 02828 FDIC Certificate # 29049 BankRate Report View Year Established 1934 Employees 19 Primary Regulator OCC Assets and Liabilities Assets $75.97 million Loans $57.80 million Deposits $56.34 million Equity Capital $7.10 million Loan Loss Allowance $1.29 million Unbacked Noncurrent Loans $4.50 million Real Estate Owned $716,000 Historic Data - March 2011 Assets $79.88 million Equity Capital $7.16 million Loan Loss Allowance $875,000 Unbacked Noncurrent Loans $1.34 million Real Estate Owned $1.48 million Profit Margin - Quarterly Net Interest Margin 3.28% Return on Assets 0% Return on Equity 0% Interest Income $860,000

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 City Federal Bank had $5.21 million in non-current loans and owned real-estate with $8.38 million in equity and loan loss allowances on hand to cover it. This gives Lake City Federal Bank a Texas Ratio of 62.17% 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 City Federal Bank increased slightly from 35.08% as of March 31, 2011 to 62.17% as of March 31, 2012, resulting in a negative change of 77.22%. This indicates that the balance sheet and financial strength for Lake City Federal Bank has declined slightly in recent periods. Deposit Growth In the past year, Lake City Federal Bank has increased its total deposits by $56,000, resulting in 0.1% 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 City Federal Bank has shown is 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 City Federal Bank has $75.96 million in assets with $8.38 million in equity, resulting in a capitalization level of 11.04%, which is above average.

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