Lake Elmo Bank

Lake Elmo, MN
IDRSSD: 1015850
Total Assets
$531.36M
Latest filing
Total Deposits
$466.27M
Latest filing
Net Interest Margin
4.25%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

091910196LAKE ELMO, MN

Key People

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Locations

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Main Office
Lake Elmo Bank
11465 39th St N
Lake Elmo, MN 55042
Full Service - Brick and Mortar
Updated 01/30/2026Established 08/01/1911FDIC Certificate 9755

Branches (8)

Page 1 of 2
NameAddressCity / State
Lake Elmo Bank (Main)11465 39th St NLake Elmo, MN
ECHO RIDGE BRANCH-SENIOR HOUSING1033 Gershwin Ave NOakdale, MN
OAK MEADOWS BRANCH-SENIOR HOUSING8132 And 8133 Fourth Street NorthOakdale, MN
INWOOD AVENUE NORTH BRANCH600 Inwood Ave NOakdale, MN
BOUTWELLS LANDING SENIOR CENTER BRANCH5600 Norwich PkwyOak Park Heights, MN
STILLWATER BRANCH1937 Greeley St SStillwater, MN
ST TERESE OF WOODBURY-SENIOR HOUSING7555 Bailey RdWoodbury, MN
THE FIELDS AT ARBOR GLEN SENIOR LIVING BRANCH11070 39th St NLake Elmo, MN
Showing 7 of 8

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 Date08/01/1911
Community BankYes
Ownership TypeNot Mutual
ZIP55042
State and County Number27163
Subchapter S CorporationsYes
Trust PowersFull Trust Powers Granted
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 NameMinneapolis-St. Paul-Bloomington, MN-WI

Operational Info

Number of Employees72
Domestic Offices9
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance12/19/1936
Primary Insurance AgencyDIF
Websitewww.lakeelmobank.com
Data Updated01/30/2026
CERT15443
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$531.36M
Total Deposits$466.27M
Total Liabilities$474.14M
Total Equity Capital$57.22M
Net Income$2.44M
Net Loans and Leases$404.56M
Assets Per Employee ($Millions)$7.08M
Bank Premises and Fixed Assets$8.67M
Cash and Balances due from Depository Institutions$0
Deposits Held in Domestic Offices$466.27M

Key Performance Ratios

Return on Assets (ROA)1.86%
Return on Equity (ROE)16.95%
Net Interest Margin4.25%
Efficiency Ratio55.08%
Tier 1 Risk-Based Capital Ratio16.056%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.08%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.769%
Earning Assets to total Assets96.09%

Income and Expense

Total Interest Income$6.82M
Total Noninterest Income$891.00k
Total Interest Expense$1.47M
Total Noninterest Expense$3.44M
Net Interest Income$5.36M
Pre-tax Net Operating Income$2.70M
Provision for Credit Losses$102.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$865.00k
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$4.20M
All Other Liabilities$3.67M
Total Liabilities and Capital$531.36M

Securities

Securities$43.11M
Available-for-sale debt securities$43.11M
Equity securities with readily determinable fair values not held for trading
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 Elmo Bank?
$531.36M as of the latest filing.
How much are Lake Elmo Bank's total deposits?
$466.27M in total deposits.
Where is Lake Elmo Bank located?
Lake Elmo, MN.
What is the Net Interest Margin?
4.25%.
How many domestic offices does it operate?
9.
When was it established?
08/01/1911.
What is the Return on Assets (ROA)?
1.86%.
How much are total loans and leases?
$404.56M (latest filing).
What is the total interest income (latest filing)?
$6.82M.