Lake-Osceola State Bank

Baldwin, MI
IDRSSD: 11145
Total Assets
$453.34M
Latest filing
Total Deposits
$381.91M
Latest filing
Net Interest Margin
4.48%
Profitability

Locations

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Main Office
Lake-Osceola State Bank
790 Michigan Ave
Baldwin, MI 49304
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1908FDIC Certificate 5203

Branches (12)

Page 1 of 2
NameAddressCity / State
Lake-Osceola State Bank (Main)790 Michigan AveBaldwin, MI
WELLSTON BRANCH17222 Caberfae HwyWellston, MI
LUTHER BRANCH203 State StLuther, MI
TUSTIN BRANCH109 E Church StTustin, MI
IRONS BRANCH10464 N Brooks RdIrons, MI
REED CITY BRANCH217 South Chesnut StreetReed City, MI
BIG RAPIDS BRANCH102 N Michigan AveBig Rapids, MI
PERRY AVENUE BIG RAPIDS BRANCH226 Perry AveBig Rapids, MI
Showing 7 of 12

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 Date01/01/1908
Community BankYes
Ownership TypeNot Mutual
ZIP49304
State and County Number26085
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameN/A

Operational Info

Number of Employees81
Domestic Offices13
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date10/09/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.losb.com
Data Updated11/14/2025
CERT8172
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$453.34M
Total Deposits$381.91M
Total Liabilities$405.80M
Total Equity Capital$47.55M
Net Income$1.83M
Net Loans and Leases$250.72M
Assets Per Employee ($Millions)$5.67M
Bank Premises and Fixed Assets$7.39M
Cash and Balances due from Depository Institutions$43.45M
Deposits Held in Domestic Offices$381.91M

Key Performance Ratios

Return on Assets (ROA)1.63%
Return on Equity (ROE)16.05%
Net Interest Margin4.48%
Efficiency Ratio56.64%
Tier 1 Risk-Based Capital Ratio18.7%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.01%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.488%
Earning Assets to total Assets92.38%

Income and Expense

Total Interest Income$6.18M
Total Noninterest Income$603.00k
Total Interest Expense$1.54M
Total Noninterest Expense$2.97M
Net Interest Income$4.65M
Pre-tax Net Operating Income$2.26M
Provision for Credit Losses$15.00k
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$19.47M
Federal Funds Sold & Reverse Repurchase Agreement$11.24M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$4.41M
Total Liabilities and Capital$453.34M

Securities

Securities$120.30M
Available-for-sale debt securities$120.30M
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-Osceola State Bank?
$453.34M as of the latest filing.
How much are Lake-Osceola State Bank's total deposits?
$381.91M in total deposits.
Where is Lake-Osceola State Bank located?
Baldwin, MI.
What is the Net Interest Margin?
4.48%.
How many domestic offices does it operate?
13.
When was it established?
01/01/1908.
What is the Return on Assets (ROA)?
1.63%.
How much are total loans and leases?
$250.72M (latest filing).
What is the total interest income (latest filing)?
$6.18M.