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Lakes State Bank, Financial Information

About Lakes State Bank

 Address:
30886 Second Street
Pequot Lakes, MN
Crow Wing County, Minnesota
 Established:
Sep 1907
 Number of domestic offices:
2
Total assets$113M
Net income$1M
Net income, quarterly$0M
Total deposits$100M
Domestic deposits$100M
Equity capital$13M
ROA1.31%
ROAQ, quarterly1.32%
ROA, pretax1.32%
ROAQ, quarterly, pretax1.32%
ROE11.08%
ROEQ, quarterly11.55%
UpdatedApr 11, 2013

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.

Lakes State Bank is a hometown bank, dedicated to meeting the needs of its community. Located in the heart of downtown Pequot Lakes, with a branch office in Crosslake, Lakes State Bank provides you with quality products and services.

Crosslake, Branch Office
35197 County Road 3
P.O. Box 767
Crosslake MN 56442
218-692-4472
Fax: 218-692-4478

Pequot Lakes, Main Office
30886 Second Street
P.O. Box 366
Pequot Lakes MN 56472
218-568-4473
Fax: 218-568-5358

Historical Data