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Lake Elmo Bank
Lake Elmo, MN · FDIC Certificate #15443 · Chartered 08/0
Total assets
$529.75M
Total deposits
$462.57M
Total equity
$60.14M
Net loans
$422.39M
Branches (offices)
8
Net income (YTD)
$4.74M
Rank: #1,718 of 4,213 U.S. banks by assets · #48 of 221 in Minnesota. Assets changed 5.9% and deposits 5.5% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.79% |
| Return on equity | 16.08% |
| Net interest margin (YTD) | 4.25% |
| Equity to assets | 11.35% |
| Tier 1 leverage ratio | 11.62% |
| Uninsured deposits (share of deposits) | 18.6% |
| Noncurrent loans (share of loans) | 0.84% |
| Net charge-offs (share of loans) | 0.14% |
| Loans to deposits | 91.3% |
| Real estate loans (share of loans) | 86.3% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $364.39M | 86.3% | |
| Commercial & industrial | $57.10M | 13.5% | |
| Consumer / individual | $6.15M | 1.5% | |
| Construction & development | $27.24M | 6.4% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $538.73M | $485.87M | $2.83M | $42.28M |
| Jun 2023 | $511.36M | $455.19M | $4.56M | $44.50M |
| Jun 2024 | $499.41M | $438.85M | $4.26M | $50.47M |
| Jun 2025 | $500.20M | $438.42M | $4.64M | $55.60M |
| Jun 2026 | $529.75M | $462.57M | $4.74M | $60.14M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $462.57M | 8 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $462.57M.
Similar-sized banks
The Berkshire Bank ($529.98M) · Peoples Bank ($529.64M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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