Overview / Commentary
Lake-Osceola State Bank is headquartered in Baldwin and is the 40th largest bank in the state of Michigan. It is also the 2,005th largest bank in the nation. It was established in 1908 and as of June of 2022, it had grown to 74 employees at 11 locations. Lake-Osceola State Bank has an A health rating.
Reviews (1)
Online Banking
Posted by: matthewt | May 22, 2017
Deposit a check in ATM on Friday you won't get your money till Tuesday maybe. They don't check ATMs until Monday at day's end. That's just lazy. Bill pay works if its electronic, but if they send a paper check, you are better off paying it yourself. Super slow.
Health
A
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 8172 |
| Year Established | 1908 |
| Employees | 74 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.99% |
| Return on Equity - YTD | 11.36% |
| Annual Interest Income | $6.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $412.6MM$396.7MM |
| Loans | Q2 2022vs Q2 2021 | $211.3MM$205.5MM |
| Deposits | Q2 2022vs Q2 2021 | $357.5MM$328.0MM |
| Equity Capital | Q2 2022vs Q2 2021 | $31.0MM$41.9MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $2.9MM$2.9MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $611.00K$782.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $289.00K$266.00K |
