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Is Lake Central Bank Safe?

Lake Central Bank has a Bank Health Score of 94/100 (A), based on FDIC call report data. Its strongest factor is liquidity (100/100), while profitability is its weakest area (79/100).

Key Data

MetricValueScore
Tier 1 Capital Ratio13.77%91/100
Nonperforming Loan Ratio0.07%99/100
Liquidity Ratio39.31%100/100
Return on Assets1.47%79/100
Total Assets$0.3B

How does Lake Central Bank compare?

With a Bank Health Score of 94/100, Lake Central Bank sits 24.0 points above the national average of 70/100 for FDIC-insured banks. Within Minnesota, where 225 FDIC-insured banks are headquartered, Lake Central Bank ranks above the state average of 73/100 (Grade B).

The bank's Tier 1 capital ratio of 13.77% is the federal regulator's headline measure of bank capital strength — it sits comfortably above the 8% "well-capitalized" threshold.Its nonperforming loan ratio of 0.07% is healthy — most loans are current.

What changed in the last year?

Over the last four quarters, Lake Central Bank's Bank Health Score improved by 2.0 points to 94/100. Tier 1 capital strengthened by 0.20 percentage points to 13.77%.

Lake Central Bank has a Bank Health Score of 94/100 (A), based on FDIC call report data. Its strongest factor is liquidity (100/100), while profitability is its weakest area (79/100).