Lake-Osceola State Bank

Lake-Osceola State Bank is headquartered in Baldwin and is the 71^st largest bank in the state of Michigan. It is also the 3,376^th largest bank in the nation. It was established in 1908 and as of March of 2012, it had grown to 56 employees at 8 locations. Lake-Osceola State Bank has a 4-star health rating.

Data for Q1 2012

Institution Statistics Lake-Osceola State Bank FDIC Certificate # 8172 BankRate Report View Year Established 1908 Employees 56 Primary Regulator FDIC Assets and Liabilities Assets $181.09 million Loans $130.55 million Deposits $152.93 million Equity Capital $17.75 million Loan Loss Allowance $1.53 million Unbacked Noncurrent Loans $1.78 million Real Estate Owned $2.02 million Historic Data - March 2011 Assets $171.47 million Equity Capital $16.99 million Loan Loss Allowance $1.67 million Unbacked Noncurrent Loans $2.91 million Real Estate Owned $2.09 million Profit Margin - Quarterly Net Interest Margin 4.56% Return on Assets 0.92% Return on Equity 9.16% Interest Income $2.11 million

Institution Health Overall Score: 4 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-Osceola State Bank had $3.8 million in non-current loans and owned real-estate with $19.28 million in equity and loan loss allowances on hand to cover it. This gives Lake-Osceola State Bank a Texas Ratio of 19.70% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Lake-Osceola State Bank decreased slightly from 25.14% as of March 31, 2011 to 19.70% as of March 31, 2012, resulting in a positive change of 21.65%.This indicates that the balance sheet and financial strength for Lake-Osceola State Bank has improved slightly in recent periods. Deposit Growth In the past year, Lake-Osceola State Bank has increased its total deposits by $5.63 million, resulting in 3.82% 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-Osceola State Bank has shown is above 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-Osceola State Bank has $181.08 million in assets with $19.28 million in equity, resulting in a capitalization level of 10.65%, which is above average.

No reviews have been left for this bank yet. Be the first to review.