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MINNESOTA LAKES BANK, Financial Information

AboutMINNESOTA LAKES BANK

 Address:
710 Babcock Boulevard
Delano,MN
Wright County,Minnesota
 Established:
Jun 1982
 Number of domestic offices:
2
Total assets$157M
Net income$1M
Net income,quarterly$0M
Total deposits$123M
Domestic deposits$123M
Equity capital$13M
ROA0.93%
ROAQ,quarterly-0.45%
ROA,pretax-0.45%
ROAQ,quarterly,pretax-0.45%
ROE9.92%
ROEQ,quarterly-5.37%
UpdatedMay 20, 2021

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.

Historical Data