Lakeside Bank


Overview / Commentary
312-435-5100
55 West Wacker Drive
Chicago, IL 60601

Lakeside Bank is headquartered in Chicago and is the 27th largest bank in the state of Illinois. It is also the 462nd largest bank in the nation. It was established in 1966 and as of March of 2020, it had grown to 172 employees at 7 locations. Lakeside Bank has an A+ health rating.

Reviews (2)

Terrible Customer Service

Posted by: |

Called Lakeside Bank regarding opening a CD.
Had to wait on hold for 10 minutes before anyone picked up.
Customer service person was not able to answer any of my questions.
Customer service person was not able to connect me to anyone more knowledgeable.
Total waste of time

Bill Pay Nightmare

Don't trust the group they outsource for bill pay. My payment was never received and now I am stuck with a late fee. They claim to be conducting an investigation for weeks. However, I found out they are just calling my payee, harassing them, in order to attempt to have the late fee erased!



Health
A+

Health Grade Components

Overall
FDIC Certificate #19573
Year Established1966
Employees172
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.73%
Return on Equity - YTD15.68%
Annual Interest Income$22.0MM
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$1.93B$1.72B
LoansQ1 2020vs Q1 2019$1.57B$1.42B
DepositsQ1 2020vs Q1 2019$1.53B$1.41B
Equity CapitalQ1 2020vs Q1 2019$208.0MM$205.8MM
Loan Loss AllowanceQ1 2020vs Q1 2019$24.2MM$24.6MM
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$6.7MM$6.0MM
Real Estate OwnedQ1 2020vs Q1 2019$1.7MM$1.8MM
Rates

Rates for Lakeside Bank are currently being reviewed.

Locations


Lakeside Bank Locations
Roosevelt Office Branch1055 West RooseveltChicago, IL 60608
Board Of Trade Facility141 West Jackson BoulevardChicago, IL 60604
Indiana Facility1350 South Michigan AveChicago, IL 60605
Chinatown Facility2200 South Archer AvenueChicago, IL 60616
Lakeview/Lincoln Park Branch2800 N Ashland AveChicago, IL 60657
Lakeside Bank55 West Wacker DriveChicago, IL 60601
Elmhurst Branch165 S. York StreetElmhurst, IL 60126

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