Lake Country Community Bank

Morristown, MN
IDRSSD: 706450
Total Assets
$33.97M
Latest filing
Total Deposits
$30.55M
Latest filing
Net Interest Margin
3.93%
Profitability

Locations

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Main Office
Lake Country Community Bank
111 Division St N
Morristown, MN 55052
Full Service - Brick and Mortar
Updated 11/14/2025Established 05/02/1928FDIC Certificate 11165

Branches (1)

Page 1 of 1
NameAddressCity / State
Lake Country Community Bank (Main)111 Division St NMorristown, MN
NERSTRAND BRANCH313 Main StreetNerstrand, MN
Showing 1 of 1

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date05/02/1928
Community BankYes
Ownership TypeNot Mutual
ZIP55052
State and County Number27131
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameFaribault-Northfield, MN

Operational Info

Number of Employees8
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance07/01/1952
Primary Insurance AgencyDIF
Websitelccbank.com
Data Updated11/14/2025
CERT17122
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$33.97M
Total Deposits$30.55M
Total Liabilities$30.81M
Total Equity Capital$3.15M
Net Income$15.00k
Net Loans and Leases$13.79M
Assets Per Employee ($Millions)$4.25M
Bank Premises and Fixed Assets$254.00k
Cash and Balances due from Depository Institutions$8.62M
Deposits Held in Domestic Offices$30.55M

Key Performance Ratios

Return on Assets (ROA)0.18%
Return on Equity (ROE)1.97%
Net Interest Margin3.93%
Efficiency Ratio94.59%
Tier 1 Risk-Based Capital Ratio22.768%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.28%
Earning Assets to total Assets91.28%

Income and Expense

Total Interest Income$395.00k
Total Noninterest Income$8.00k
Total Interest Expense$89.00k
Total Noninterest Expense$297.00k
Net Interest Income$306.00k
Pre-tax Net Operating Income$17.00k
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$1.51M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$261.00k
Total Liabilities and Capital$33.97M

Securities

Securities$9.06M
Available-for-sale debt securities$9.06M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Lake Country Community Bank?
$33.97M as of the latest filing.
How much are Lake Country Community Bank's total deposits?
$30.55M in total deposits.
Where is Lake Country Community Bank located?
Morristown, MN.
What is the Net Interest Margin?
3.93%.
How many domestic offices does it operate?
2.
When was it established?
05/02/1928.
What is the Return on Assets (ROA)?
0.18%.
How much are total loans and leases?
$13.79M (latest filing).
What is the total interest income (latest filing)?
$395.00k.