Lake Region Bank


Overview / Commentary
320-354-2011
51 Main Street
New London, MN 56273

Lake Region Bank is headquartered in NEW LONDON and is the 136th largest bank in the state of Minnesota. It is also the 3,445th largest bank in the nation. It was established in 1915 and as of March of 2025, it had grown to 31 employees at 3 locations. Lake Region Bank has a B health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #10965
Year Established1915
Employees31
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.57%
Return on Equity - YTD19.31%
Annual Interest Income$1.6MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$142.3MM$144.5MM
LoansQ1 2025vs Q1 2024$61.9MM$52.8MM
DepositsQ1 2025vs Q1 2024$129.5MM$133.5MM
Equity CapitalQ1 2025vs Q1 2024$11.9MM$10.2MM
Loan Loss AllowanceQ1 2025vs Q1 2024$715K$666K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$0$25K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

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Locations


Lake Region Bank Locations
Willmar Branch1690 South First StreetWillmar, MN 56201
Lake Region Bank51 Main StreetNew London, MN 56273
Branch Office219 Front StreetSunburg, MN 56289

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