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 State Bank of Lake Park
State Bank of Lake Park
| RSSD ID 912756 | CERTIFICATE 9351 | ABA NUMBER 91215749 |
| 2049 2nd Street |
Quarter Ended : |
2025-06-30 |
| Lake Park, Minnesota, 56554 |
Updated : |
2025-07-23 |
| https://www.statebankoflakepark.com |
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| Institution Profile |
| Year Opened : |
1926 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
All Other Under 1 Billion |
| Number of Offices : |
2 |
Number of Employees : |
7 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 43,483 |
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Total Interest Income | 1,084 |
| Total Liabilities | 39,745 |
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Total NonInterest Income | 33 |
| Total Bank Equity Capital | 3,738 |
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Total Interest Expense | 366 |
| Total Deposits | 39,549 |
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Total NonInterest Expense | 539 |
| Net Loans & Leases | 22,923 |
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Net Income | 212 |
| Loan Loss Allowance | 329 |
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Net Charge Offs | (3) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 23,205 |
| Total assets for the leverage ratio | 43,717 |
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Loans secured by real estate: | 17,268 |
| Tier 1 Leverage Ratio | 10.99 |
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Commercial and industrial loans | 2,081 |
| Off Balance Sheet Exposures (%) | 1.52 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 2,919 |
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:· State Bank of Lake Park
