Institution Statistics
| Lakeside Bank | | FDIC Certificate # | 58961 | | BankRate Report | View | | Year Established | 2010 | | Employees | 16 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $71.48 million | | Loans | $37.04 million | | Deposits | $60.17 million | | Equity Capital | $11.12 million | | Loan Loss Allowance | $306,000 |
Historic Data - March 2011 | | Assets | $29.48 million | | Equity Capital | $11.47 million | | Loan Loss Allowance | $58,000 |
Profit Margin - Quarterly | | Net Interest Margin | 2.78% | | Return on Assets | -0.8% | | Return on Equity | -4.76% | | Interest Income | $571,000 |
|
|
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 Lakeside Bank (LA) had $0 in non-current loans and owned real-estate with $11.43 million in equity and loan loss allowances on hand to cover it. This gives Lakeside Bank (LA) a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, Lakeside Bank (LA) has increased its total deposits by $42.22 million, resulting in 235.24% 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 Lakeside Bank (LA) has shown is excellent. | | 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. Lakeside Bank (LA) has $71.48 million in assets with $11.43 million in equity, resulting in a capitalization level of 15.99%, which is excellent. |
|
