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BankHealth

LAKE ELMO BANK

LAKE ELMO, MINNESOTA · FDIC Cert #15443

A
Health Score
84/100
$499M
Total Assets
$439M
Total Deposits
15.60%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, LAKE ELMO BANK holds a Tier 1 capital ratio of 15.60%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning LAKE ELMO BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.70%
Nonperforming Loans
Low — healthy loan portfolio
18.80%
Liquidity Ratio
Adequate liquidity
1.86%
Return on Assets
Profitable — earning well on assets
$439M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

LAKE ELMO BANK shows strong financial health indicators. With $499M in assets and a Health Score of 84/100, 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 ELMO BANK has a Bank Health Score of A (84/100). It holds a Tier 1 capital ratio of 15.60%, 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 ELMO BANK holds $499M in total assets and $439M in total deposits. It is located in LAKE ELMO, MINNESOTA (FDIC Certificate #15443).

LAKE ELMO BANK has a Tier 1 capital ratio of 15.60%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.70%, and the return on assets is 1.86%.

Yes. LAKE ELMO BANK is FDIC-insured (Certificate #15443). 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.

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