Lake Area Bank, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Lake Area Bank was established in 1915. Lake Area Bank is a progressive community bank, dedicated to providing you with a wide range of products and services to meet your changing financial needs. Lake Area Bank strives to provide the highest standard of personal service and convenience for you. All of its locations feature full service hours to accommodate your busy schedule; in addition, with Online Banking product, you can bank when you want, from wherever you want.

Forest Lake Location
91 South Lake St.
Forest Lake, MN 55025
Phone: (651) 464-9001
Fax: (651) 464-9006

Harris Location
P.O. Box 22
6545 Stark Rd.
Harris, MN 55032
Phone: (651) 674-7053
Fax: (651) 674-4502

Hugo Location
14602 Everton Ave. N.
Hugo, MN 55038
Phone: (651) 407-3137
Fax: (651) 407-3142

Lindstrom Location
P.O. Box 743
12790 First Ave. N.
Lindstrom, MN 55045
Phone: (651) 257-1117
Fax: (651) 257-4089

Stillwater Location
5795 Morning Dove Ave. N.
Stillwater, MN 55082
Phone: (651) 430-9500
Fax: (651) 430-9502

White Bear Lake Location
1400 East Highway 96
White Bear Lake, MN 55110
Phone: (651) 653-9619
Fax: (651) 653-0468