Lakeside Bank is headquartered in Chicago and is the 24th largest bank in the state of Illinois. It is also the 471st largest bank in the nation. It was established in 1966 and as of June of 2022, it had grown to 184 employees at 10 locations. Lakeside Bank has an A health rating.
Terrible Customer Service
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!
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 19573 |
| Year Established | 1966 |
| Employees | 184 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.74% |
| Return on Equity - YTD | 18.2% |
| Annual Interest Income | $43.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $2.35B$2.18B |
| Loans | Q2 2022vs Q2 2021 | $1.68B$1.64B |
| Deposits | Q2 2022vs Q2 2021 | $2.03B$1.84B |
| Equity Capital | Q2 2022vs Q2 2021 | $220.7MM$217.6MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $26.6MM$31.3MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $3.2MM$14.9MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $1.1MM$1.3MM |