Lakeside Bank is headquartered in Chicago and is the 24th largest bank in the state of Illinois. It is also the 476th largest bank in the nation. It was established in 1966 and as of December of 2021, it had grown to 178 employees at 9 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 Q4 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 19573 |
| Year Established | 1966 |
| Employees | 178 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.89% |
| Return on Equity - YTD | 19.39% |
| Annual Interest Income | $83.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2021vs Q4 2020 | $2.34B$2.18B |
| Loans | Q4 2021vs Q4 2020 | $1.63B$1.61B |
| Deposits | Q4 2021vs Q4 2020 | $2.00B$1.84B |
| Equity Capital | Q4 2021vs Q4 2020 | $234.1MM$211.4MM |
| Loan Loss Allowance | Q4 2021vs Q4 2020 | $28.2MM$31.2MM |
| Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $11.7MM$16.5MM |
| Real Estate Owned | Q4 2021vs Q4 2020 | $1.2MM$1.7MM |