Lake Ridge Bank is headquartered in Cross Plains and is the 15th largest bank in the state of Wisconsin. It is also the 668th largest bank in the nation. It was established in 1908 and as of June of 2022, it had grown to 237 employees at 13 locations. Lake Ridge Bank has an A health rating.
|FDIC Certificate #||15091|
|Return on Assets - YTD||1.27%|
|Return on Equity - YTD||12.49%|
|Annual Interest Income||$27.8MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$1.60B$1.61B|
|Loans||Q2 2022vs Q2 2021||$1.20B$1.19B|
|Deposits||Q2 2022vs Q2 2021||$1.43B$1.41B|
|Equity Capital||Q2 2022vs Q2 2021||$158.0MM$172.5MM|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$13.9MM$13.9MM|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$8.5MM$13.2MM|
|Real Estate Owned||Q2 2022vs Q2 2021||$0$146.00K|
Rates for Lake Ridge Bank are currently being reviewed.