Lake Federal Bank, FSB

7048 Kennedy Avenue
Hammond, IN 46323
www.lakefederal.com

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Lake Federal Bank, FSB is headquartered in Hammond and is the 119^st largest bank in the state of Indiana. It is also the 5,666^th largest bank in the nation. It was established in 1956 and as of March of 2012, it had grown to 18 employees at 3 locations. Lake Federal Bank, FSB has a 5-star health rating.

Lake Federal Bank, FSB Routing Number: 271974059

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See Rates for: Checking | Savings | Money Market | CD | IRA

Lake Federal Bank, FSB Checking Account Rates

Apy	Min	Max	Product
0.15%	$500	-	Student Checking Account
0.15%	$500	-	Senior Checking Account
0.10%	-	-	Regular Checking Account
0.05%	-	-	Check Back Account

Lake Federal Bank, FSB Savings Account Rates

Apy	Min	Max	Product
0.20%	$100	-	Statement Savings Account
0.20%	-	-	Christmas Club Account

Lake Federal Bank, FSB Money Market Rates

	Apy	Min	Max	Product
	0.20%	$2,500	-	Money Market Account

Lake Federal Bank, FSB CD Rates

Apy	Min	Max	Product
0.70%	$1k	-	15 Month CD
0.70%	$1k	-	5 Year CD
0.65%	$1k	-	3 Year CD
0.60%	$1k	-	10 Month CD
0.60%	$1k	-	2.5 Year CD
0.50%	$1k	-	21 Month Step-Up CD
0.50%	$1k	-	2 Year CD
0.45%	$1k	-	19 Month CD
0.40%	$1k	-	17 Month CD
0.40%	$1k	-	18 Month CD
0.30%	$1k	-	1 Year CD
0.30%	$1k	-	13 Month CD
0.15%	$1k	-	6 Month CD
0.15%	$1k	-	8 Month CD
0.10%	$1k	-	91 Day CD
0.05%	$1k	-	30 Day CD

Lake Federal Bank, FSB IRA Rates

Apy	Min	Max	Product
0.70%	$1k	-	15 Month IRA
0.70%	$1k	-	5 Year IRA
0.70%	$1k	-	15 Month Roth IRA
0.70%	$1k	-	5 Year Roth IRA
0.70%	$1k	-	15 Month Coverdell ESA
0.70%	$1k	-	5 Year Coverdell ESA
0.65%	$1k	-	3 Year IRA
0.65%	$1k	-	3 Year Roth IRA
0.65%	$1k	-	3 Year Coverdell ESA
0.60%	$1k	-	10 Month IRA
0.60%	$1k	-	2.5 Year IRA
0.60%	$1k	-	10 Month Roth IRA
0.60%	$1k	-	2.5 Year Roth IRA
0.60%	$1k	-	10 Month Coverdell ESA
0.60%	$1k	-	2.5 Year Coverdell ESA
0.50%	$1k	-	21 Month Step-Up IRA
0.50%	$1k	-	2 Year IRA
0.50%	$1k	-	21 Month Step-Up Roth IRA
0.50%	$1k	-	2 Year Roth IRA
0.50%	$1k	-	21 Month Step-Up Coverdell ESA
0.50%	$1k	-	2 Year Coverdell ESA
0.45%	$1k	-	19 Month IRA
0.45%	$1k	-	19 Month Roth IRA
0.45%	$1k	-	19 Month Coverdell ESA
0.40%	$1k	-	17 Month IRA
0.40%	$1k	-	18 Month IRA
0.40%	$1k	-	17 Month Roth IRA
0.40%	$1k	-	18 Month Roth IRA
0.40%	$1k	-	17 Month Coverdell ESA
0.40%	$1k	-	18 Month Coverdell ESA
0.30%	$1k	-	1 Year IRA
0.30%	$1k	-	13 Month IRA
0.30%	$1k	-	1 Year Roth IRA
0.30%	$1k	-	13 Month Roth IRA
0.30%	$1k	-	1 Year Coverdell ESA
0.30%	$1k	-	13 Month Coverdell ESA
0.15%	$1k	-	6 Month IRA
0.15%	$1k	-	8 Month IRA
0.15%	$1k	-	6 Month Roth IRA
0.15%	$1k	-	8 Month Roth IRA
0.15%	$1k	-	6 Month Coverdell ESA
0.15%	$1k	-	8 Month Coverdell ESA
0.15%	$100	-	18 Month Variable IRA

Rates updated: 5/25/2012

Data for Q1 2012

Institution Statistics

Lake Federal Bank, FSB
OTS #	06128
FDIC Certificate #	30927
BankRate Report	View
Year Established	1956
Employees	18
Primary Regulator	OCC
Assets and Liabilities
Assets	$73.89 million
Loans	$51.90 million
Deposits	$56.70 million
Equity Capital	$13.79 million
Loan Loss Allowance	$234,000
Unbacked Noncurrent Loans	$631,000
Real Estate Owned	$47,000
Historic Data - March 2011
Assets	$75.16 million
Equity Capital	$13.45 million
Loan Loss Allowance	$221,000
Unbacked Noncurrent Loans	$233,000
Real Estate Owned	$107,000
Profit Margin - Quarterly
Net Interest Margin	3.6%
Return on Assets	0.4%
Return on Equity	2.15%
Interest Income	$727,000

Institution Health

Overall Score:

5 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 Federal Bank, FSB had $678,000 in non-current loans and owned real-estate with $14.02 million in equity and loan loss allowances on hand to cover it. This gives Lake Federal Bank, FSB a Texas Ratio of 4.84% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Lake Federal Bank, FSB held steady from 2.49% as of March 31, 2011 to 4.84% as of March 31, 2012, resulting in a negative change of 94.43%. This indicates that the balance sheet and financial strength for Lake Federal Bank, FSB has held steady in recent periods.
Deposit Growth
In the past year, Lake Federal Bank, FSB has decreased its total deposits by -$1.55 million, resulting in -2.67% 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 Federal Bank, FSB 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 Federal Bank, FSB has $73.89 million in assets with $14.02 million in equity, resulting in a capitalization level of 18.97%, which is excellent.

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