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.
Overall | |
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FDIC Certificate # | 10965 |
Year Established | 1915 |
Employees | 31 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.57% |
Return on Equity - YTD | 19.31% |
Annual Interest Income | $1.6MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $142.3MM$144.5MM |
Loans | Q1 2025vs Q1 2024 | $61.9MM$52.8MM |
Deposits | Q1 2025vs Q1 2024 | $129.5MM$133.5MM |
Equity Capital | Q1 2025vs Q1 2024 | $11.9MM$10.2MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $715K$666K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $0$25K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Sorry, we do not have rate data for Lake Region Bank.
Lake Region Bank Locations | ||
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Willmar Branch | 1690 South First Street | Willmar, MN 56201 |
Lake Region Bank | 51 Main Street | New London, MN 56273 |
Branch Office | 219 Front Street | Sunburg, MN 56289 |