Minnesota – Crow Wing – Baxter
(N) Commercial bank, federal charter & Fed member
active
www.lakewoodbank.com
Minnesota
Crow Wing
Baxter
(N) Commercial bank, federal charter & Fed member
active
18969
1963
FDIC Certificate Number: 18969
FDIC's unique number: 12814
The FDIC Field Office where an institution is physically located: Minneapolis
Federal Reserve ID Number: 104056
Report Date: 2011-06-30
Bank Charter Class: N
OCC Charter Number: 15214
Number of Domestic Offices: 5
Number of Foreign Offices: 0
The date of the last data update: 2007-06-05
1963-12-06 Institution established. Original name: Brainerd National Bank.
1985-06-03 Moved bank headquarters from Brainerd, Minnesota to Baxter, Minnesota.
1998-12-07 Acquired Nisswa State Bank in Nisswa, Minnesota.
1998-12-07 Changed name to Lakewood Bank, National Association .
Total assets: $141,916,000
Total deposits: $121,481,000
Deposits held in domestic offices: $121,481,000
Equity capital: $20,038,000
Net income: $351,000
Return on Assets: 0.5
Return on Equity: 3.52
Last updated on: 2011-10-20
Bank Holding Company: Blackridge Financial, Inc.
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Profile ID: LFUS-BAB-P-3875