MINNESOTA LAKES BANK
DELANO, MINNESOTA · FDIC Cert #23986
Capital & Safety Analysis
According to FDIC financial data, MINNESOTA LAKES BANK holds a Tier 1 capital ratio of 14.31%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning MINNESOTA LAKES BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
MINNESOTA LAKES BANK shows strong financial health indicators. With $136M in assets and a Health Score of 87/100, 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
MINNESOTA LAKES BANK has a Bank Health Score of A (87/100). It holds a Tier 1 capital ratio of 14.31%, 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.
MINNESOTA LAKES BANK holds $136M in total assets and $121M in total deposits. It is located in DELANO, MINNESOTA (FDIC Certificate #23986).
MINNESOTA LAKES BANK has a Tier 1 capital ratio of 14.31%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.38%, and the return on assets is 1.41%.
Yes. MINNESOTA LAKES BANK is FDIC-insured (Certificate #23986). 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.