LAKE CENTRAL BANK
ANNANDALE, MINNESOTA · FDIC Cert #10989
Capital & Safety Analysis
According to FDIC financial data, LAKE CENTRAL BANK holds a Tier 1 capital ratio of 13.77%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning LAKE CENTRAL BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
LAKE CENTRAL BANK shows strong financial health indicators. With $272M in assets and a Health Score of 94/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
LAKE CENTRAL BANK has a Bank Health Score of A (94/100). It holds a Tier 1 capital ratio of 13.77%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
LAKE CENTRAL BANK holds $272M in total assets and $238M in total deposits. It is located in ANNANDALE, MINNESOTA (FDIC Certificate #10989).
LAKE CENTRAL BANK has a Tier 1 capital ratio of 13.77%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.07%, and the return on assets is 1.47%.
Yes. LAKE CENTRAL BANK is FDIC-insured (Certificate #10989). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.