Lapeer County & Trust Co.

83 W Nepessing St
Lapeer, MI 48446-2101
810-664-2977
www.lcbt.com

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Lapeer County & Trust Co. is headquartered in Lapeer and is the 39^th largest bank in the state of Michigan. It is also the 2,161^st largest bank in the nation. It was established in 1902 and as of September of 2011, it had grown to 108 employees at 7 locations. Lapeer County & Trust Co. has a 4-star health rating.

3.51% Reward Checking Account at Lapeer County Bank & Trust Co. in Michigan - 5/3/2009

Update 10/04/09: The top rate has fallen to 3.51% APY.Lapeer County Bank & Trust Co. has a reward checking account called Green Rewards Checking. The account offers the following rates and features if certain monthly requirements are met:3.51% APY on...

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

Lapeer County & Trust Co. Checking Account Rates

Apy	Min	Max	Product
1.52%	-	$50k	Green Rewards Checking
0.15%	$5k	-	Prestige Accounts (55 years +)
0.10%	$3k	-	Choice Account
0.05%	$500	-	Interest Checking (NOW)

Lapeer County & Trust Co. Savings Account Rates

Apy	Min	Max	Product
0.10%	-	-	Christmas Club
0.10%	$100	-	Passbook Savings
0.10%	$100	-	Everyday Interest Statement Savings
0.10%	$100	-	IRA Savings
0.10%	$25	-	Health Savings Account

Lapeer County & Trust Co. Money Market Rates

	Apy	Min	Max	Product
	0.15%	$50k	-	Money Market Deposit Account

Lapeer County & Trust Co. CD Rates

Apy	Min	Max	Product
1.23%	$25k	-	60 Month CD
1.07%	$25k	-	48-59 Month CD
0.77%	$25k	-	36-47 Month CD
0.42%	$25k	-	24-35 Month CD
0.31%	$25k	-	12-23 Month CD
0.27%	$25k	-	6-11 Month CD
0.21%	$25k	-	15-179 Day CD

Lapeer County & Trust Co. IRA Rates

Apy	Min	Max	Product
1.23%	$25k	-	60 Month IRA
1.23%	$25k	-	60 Month Roth IRA
1.23%	$25k	-	60 Month CESA
1.23%	$25k	-	60 Month SEP IRA
1.23%	$25k	-	60 Month SIMPLE IRA
1.07%	$25k	-	48-59 Month IRA
1.07%	$25k	-	48-59 Month Roth IRA
1.07%	$25k	-	48-59 Month CESA
1.07%	$25k	-	48-59 Month SEP IRA
1.07%	$25k	-	48-59 Month SIMPLE IRA
0.77%	$25k	-	36-47 Month IRA
0.77%	$25k	-	36-47 Month Roth IRA
0.77%	$25k	-	36-47 Month CESA
0.77%	$25k	-	36-47 Month SEP IRA
0.77%	$25k	-	36-47 Month SIMPLE IRA
0.65%	$100	-	Variable IRA
0.65%	$100	-	Variable Roth IRA
0.65%	$100	-	Variable CESA
0.65%	$100	-	Variable SEP IRA
0.65%	$100	-	Variable SIMPLE IRA
0.42%	$25k	-	24-35 Month IRA
0.42%	$25k	-	24-35 Month Roth IRA
0.42%	$25k	-	24-35 Month CESA
0.42%	$25k	-	24-35 Month SEP IRA
0.42%	$25k	-	24-35 Month SIMPLE IRA
0.31%	$25k	-	12-23 Month IRA
0.31%	$25k	-	12-23 Month Roth IRA
0.31%	$25k	-	12-23 Month CESA
0.31%	$25k	-	12-23 Month SEP IRA
0.31%	$25k	-	12-23 Month SIMPLE IRA
0.27%	$25k	-	6-11 Month IRA
0.27%	$25k	-	6-11 Month Roth IRA
0.27%	$25k	-	6-11 Month CESA
0.27%	$25k	-	6-11 Month SEP IRA
0.27%	$25k	-	6-11 Month SIMPLE IRA
0.21%	$25k	-	15-179 Day IRA
0.21%	$25k	-	15-179 Day Roth IRA
0.21%	$25k	-	15-179 Day CESA
0.21%	$25k	-	15-179 Day SEP IRA
0.21%	$25k	-	15-179 Day SIMPLE IRA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

Lapeer County Bank & Trust Co.
FDIC Certificate #	14913
BankRate Report	View
Year Established	1902
Employees	108
Primary Regulator	FED
Assets and Liabilities
Assets	$299.18 million
Loans	$181.71 million
Deposits	$267.44 million
Equity Capital	$30.18 million
Loan Loss Allowance	$4.64 million
Unbacked Noncurrent Loans	$3.04 million
Real Estate Owned	$2.36 million
Historic Data - September 2010
Assets	$286.38 million
Equity Capital	$27.70 million
Loan Loss Allowance	$3.26 million
Unbacked Noncurrent Loans	$3.61 million
Real Estate Owned	$1.70 million
Profit Margin - Quarterly
Net Interest Margin	4.21%
Return on Assets	0.75%
Return on Equity	7.84%
Interest Income	$10.24 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 September 30, 2011 Lapeer County & Trust Co. had $5.4 million in non-current loans and owned real-estate with $34.82 million in equity and loan loss allowances on hand to cover it. This gives Lapeer County & Trust Co. a Texas Ratio of 15.52% 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 Lapeer County & Trust Co. held steady from 17.12% as of September 30, 2010 to 15.52% as of September 30, 2011, resulting in a positive change of 9.34%.This indicates that the balance sheet and financial strength for Lapeer County & Trust Co. has held steady in recent periods.
Deposit Growth
In the past year, Lapeer County & Trust Co. has increased its total deposits by $10.61 million, resulting in 4.13% 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 Lapeer County & Trust Co. 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. Lapeer County & Trust Co. has $299.18 million in assets with $34.82 million in equity, resulting in a capitalization level of 11.64%, which is above average.

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Lapeer County & Trust Co.

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