Bank of Lake Mills is headquartered in Lake Mills and is the 105th largest bank in the state of Wisconsin. It is also the 2,694th largest bank in the nation. It was established in 1893 and as of September of 2020, it had grown to 42 employees at 2 locations. Bank of Lake Mills has an A+ health rating.
Overall | |
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FDIC Certificate # | 8695 |
Year Established | 1893 |
Employees | 42 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.82% |
Return on Equity - YTD | 14.62% |
Annual Interest Income | $9.0MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $245.3MM$228.1MM |
Loans | Q3 2020vs Q3 2019 | $203.9MM$194.7MM |
Deposits | Q3 2020vs Q3 2019 | $209.0MM$176.9MM |
Equity Capital | Q3 2020vs Q3 2019 | $31.3MM$28.8MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $2.2MM$2.0MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $376.00K$1.1MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.05% | $25 | - | Statement Savings | |
0.05% | $25 | - | Business Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
2.00%* | - | $10k | Interest Advantage Checking | ||
OTHER TIERS: 0.50% → $10k+ |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.70% | $500 | - | 4 Year IRA | |
0.55% | $500 | - | 3 Year IRA | |
0.45% | $500 | - | 2 Year IRA | |
0.40% | $100 | - | 18 Month Variable Rate IRA | |
0.40% | $500 | - | 18 Month IRA | |
0.30% | $500 | - | 1 Year IRA |
Bank of Lake Mills Locations | ||
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Bank Of Lake Mills | 136 East Madison Street | Lake Mills, WI 53551 |
Watertown Branch | 400 Bernard Street | Watertown, WI 53094 |