Bank of Lake Mills

Overview / Commentary

www.bankoflakemills.com

920-648-8336

136 East Madison Street
Lake Mills, WI 53551

Bank of Lake Mills is headquartered in Lake Mills and is the 98^th largest bank in the state of Wisconsin. It is also the 2,543^rd largest bank in the nation. It was established in 1893 and as of December of 2021, it had grown to 43 employees at 2 locations. Bank of Lake Mills has an A+ health rating.

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Health

A+

Data as of Q4 2021

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Health Grade Components

Overall
FDIC Certificate #	8695
Year Established	1893
Employees	43
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	2.75%
Return on Equity - YTD	20.96%
Annual Interest Income	$9.9MM

Assets and Liabilities
Assets	Q4 2021vs Q4 2020	$291.8MM$261.6MM
Loans	Q4 2021vs Q4 2020	$196.7MM$191.1MM
Deposits	Q4 2021vs Q4 2020	$248.8MM$224.7MM
Equity Capital	Q4 2021vs Q4 2020	$37.1MM$32.1MM
Loan Loss Allowance	Q4 2021vs Q4 2020	$2.3MM$2.2MM
Unbacked Noncurrent Loans	Q4 2021vs Q4 2020	$128.00K$420.00K
Real Estate Owned	Q4 2021vs Q4 2020	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Bank of Lake Mills Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$25	-	Statement Savings
0.05%	$25	-	Business Savings

Bank of Lake Mills Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.30%^*	$100k^*	-	Money Market Account
OTHER TIERS: 0.10% → Up to $10k \| 0.15% → $10k - $25k \| 0.20% → $25k - $50k \| 0.25% → $50k - $100k
0.30%^*	$100k^*	-	Business Money Market
OTHER TIERS: 0.10% → Up to $10k \| 0.15% → $10k - $25k \| 0.20% → $25k - $50k \| 0.25% → $50k - $100k

Bank of Lake Mills Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.00%^*	-	$10k	Interest Advantage Checking
OTHER TIERS: 0.50% → $10k+

Bank of Lake Mills CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.55%	$500	-	4 Year CD
0.45%	$500	-	3 Year CD
0.40%	$500	-	30 Month CD
0.35%	$500	-	2 Year CD
0.30%	$500	-	18 Month CD
0.25%	$500	-	1 Year CD
0.25%	$500	-	1 Year SuperSaver CD
0.20%	$2.5k	-	182 Day CD
0.10%	$2.5k	-	91 Day CD

Bank of Lake Mills IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.55%	$500	-	4 Year IRA
0.45%	$500	-	3 Year IRA
0.40%	$500	-	30 Month IRA
0.35%	$500	-	2 Year IRA
0.30%	$100	-	18 Month Variable Rate IRA
0.30%	$500	-	18 Month IRA
0.25%	$500	-	1 Year IRA

Locations

Bank of Lake Mills Locations
Bank Of Lake Mills	136 East Madison Street	Lake Mills, WI 53551
Watertown Branch	400 Bernard Street	Watertown, WI 53094

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