Featured Savings Rates
Featured Accounts
Overview / Commentary
763-972-3385
710 Babcock Boulevard
Delano, MN 55328

Minnesota Lakes Bank is headquartered in Delano and is the 172nd largest bank in the state of Minnesota. It is also the 4,365th largest bank in the nation. It was established in 1982 and as of September of 2017, it had grown to 24 employees at 2 locations. Minnesota Lakes Bank has an A health rating.

Related Posts

View all posts from:


Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Minnesota Lakes Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #23986
Year Established1982
Employees24
Primary RegulatorFED
Profit Margin
Return on Assets - YTD-0.04%
Return on Equity - YTD-0.35%
Annual Interest Income$2.4MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$95.9MM$92.6MM
LoansQ3 2017vs Q3 2016$56.3MM$43.2MM
DepositsQ3 2017vs Q3 2016$76.6MM$72.8MM
Equity CapitalQ3 2017vs Q3 2016$11.8MM$12.2MM
Loan Loss AllowanceQ3 2017vs Q3 2016$387.00K$372.00K
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$408.00K$94.00K
Real Estate OwnedQ3 2017vs Q3 2016$486.00K$368.00K
Rates

Sorry, we do not have rate data for Minnesota Lakes Bank.

Locations


Minnesota Lakes Bank Locations
Mound Branch2290 Commerce BoulevardMound, MN 55364
Crow River State Bank710 Babcock BoulevardDelano, MN 55328