Lakes State Bank

Minnesota – Crow Wing – Pequot Lakes

(NM) Commercial bank, state charter and Fed nonmember

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Details

(NM) Commercial bank, state charter and Fed nonmember

active

1389

1907

FDIC Certificate Number: 1389
FDIC's unique number: 912
The FDIC Field Office where an institution is physically located: Minneapolis

Federal Reserve ID Number: 1898419
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 2
Number of Foreign Offices: 0
The date of the last data update: 2006-11-03

1907-09-25 Institution established. Original name: Backus State Bank.
1990-12-15 Changed name to Pequot Lakes State Bank .
1990-12-15 Moved bank headquarters from Backus, Minnesota to Pequot Lakes, Minnesota.
1995-12-01 Changed name to Lakes State Bank .

Total assets: $101,883,000
Total deposits: $89,265,000
Deposits held in domestic offices: $89,265,000
Equity capital: $12,232,000

Net income: $371,000

Return on Assets: 0.73
Return on Equity: 6.18
Last updated on: 2011-10-20

Bank Holding Company: Walker Ban Co.

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Profile ID: LFUS-BAB-P-15740

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