Lakeside Bank is headquartered in Chicago and is the 26th largest bank in the state of Illinois. It is also the 463rd largest bank in the nation. It was established in 1966 and as of December of 2019, it had grown to 177 employees at 7 locations. Lakeside Bank's money market rates are 82% higher than the national average, and it boasts an A+ health rating.
Related Posts
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 Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 19573 |
| Year Established | 1966 |
| Employees | 177 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.63% |
| Return on Equity - YTD | 13.97% |
| Annual Interest Income | $82.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $1.87B$1.68B |
| Loans | Q4 2019vs Q4 2018 | $1.55B$1.35B |
| Deposits | Q4 2019vs Q4 2018 | $1.54B$1.38B |
| Equity Capital | Q4 2019vs Q4 2018 | $210.1MM$202.6MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $24.2MM$24.5MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $6.9MM$9.8MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $1.0MM$1.9MM |