Lake Country Community Bank is headquartered in MORRISTOWN and is the 230th largest bank in the state of Minnesota. It is also the 4,342nd largest bank in the nation. It was established in 1928 and as of March of 2025, it had grown to 7 employees at 2 locations. Lake Country Community Bank has a B+ health rating.
Overall | |
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FDIC Certificate # | 17122 |
Year Established | 1928 |
Employees | 7 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.05% |
Return on Equity - YTD | 0.56% |
Annual Interest Income | $372K |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $33.7MM$29.2MM |
Loans | Q1 2025vs Q1 2024 | $14MM$11.1MM |
Deposits | Q1 2025vs Q1 2024 | $30.4MM$26.4MM |
Equity Capital | Q1 2025vs Q1 2024 | $2.9MM$2.6MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $181K$144K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $20K$0 |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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Lake Country Community Bank Locations | ||
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Lake Country Community Bank | 111 Division St N | Morristown, MN 55052 |
Nerstrand Branch | 313 Main St., Po Box 128 | Nerstrand, MN 55053 |