The Lake Bank

The Lake Bank is headquartered in Two Harbors and is the 164^th largest bank in the state of Minnesota. It is also the 4,812^st largest bank in the nation. It was established in 1889 and as of March of 2012, it had grown to 27 employees at 3 locations. The Lake Bank's savings rates are 44% higher than the national average, but it has a 2-star health rating.

The Lake Bank Routing Number: 091201287

The Lake Bank Checking Account Rates

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Data for Q1 2012

Institution Statistics The Lake Bank FDIC Certificate # 12195 BankRate Report View Year Established 1889 Employees 27 Primary Regulator FDIC Assets and Liabilities Assets $105.53 million Loans $75.74 million Deposits $89.25 million Equity Capital $9.98 million Loan Loss Allowance $2.32 million Unbacked Noncurrent Loans $6.16 million Real Estate Owned $5.28 million Historic Data - March 2011 Assets $99.72 million Equity Capital $9.16 million Loan Loss Allowance $1.48 million Unbacked Noncurrent Loans $2.77 million Real Estate Owned $3.74 million Profit Margin - Quarterly Net Interest Margin 3.7% Return on Assets 0.43% Return on Equity 4.46% Interest Income $1.04 million

Institution Health Overall Score: 2 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 The Lake Bank had $11.44 million in non-current loans and owned real-estate with $12.3 million in equity and loan loss allowances on hand to cover it. This gives The Lake Bank a Texas Ratio of 92.98% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Lake Bank increased slightly from 61.21% as of March 31, 2011 to 92.98% as of March 31, 2012, resulting in a negative change of 51.91%. This indicates that the balance sheet and financial strength for The Lake Bank has declined slightly in recent periods. Deposit Growth In the past year, The Lake Bank has decreased its total deposits by $-929,000, resulting in -1.03% 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 The Lake Bank 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. The Lake Bank has $105.53 million in assets with $12.3 million in equity, resulting in a capitalization level of 11.66%, which is above average.

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