MINNESOTA LAKES BANK
Delano, MN
IDRSSD: 157650
Total Assets
$127.27M
Latest filing
Total Deposits
$111.19M
Latest filing
Net Interest Margin
5.67%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
MINNESOTA LAKES BANK
710 Babcock Blvd E
Delano, MN 55328
Full Service - Brick and Mortar
Updated 11/14/2025Established 06/24/1982FDIC Certificate 16727
Branches (1)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| MINNESOTA LAKES BANK (Main) | 710 Babcock Blvd E | Delano, MN |
| MOUND BRANCH | 2290 Commerce Blvd | Mound, 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
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 06/24/1982 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 55328 |
| State and County Number | 27171 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 13 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Minneapolis-St. Paul-Bloomington, MN-WI |
Operational Info
| Number of Employees | 24 |
| Domestic Offices | 2 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 06/24/1982 |
| Primary Insurance Agency | DIF |
| Website | www.MNLB.BANK |
| Data Updated | 11/14/2025 |
| CERT | 23986 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $127.27M |
| Total Deposits | $111.19M |
| Total Liabilities | $112.38M |
| Total Equity Capital | $14.90M |
| Net Income | $606.00k |
| Net Loans and Leases | $80.52M |
| Assets Per Employee ($Millions) | $5.3M |
| Bank Premises and Fixed Assets | $3.12M |
| Cash and Balances due from Depository Institutions | $0 |
| Deposits Held in Domestic Offices | $111.19M |
Key Performance Ratios
| Return on Assets (ROA) | 1.92% |
| Return on Equity (ROE) | 16.49% |
| Net Interest Margin | 5.67% |
| Efficiency Ratio | 68.24% |
| Tier 1 Risk-Based Capital Ratio | 15.141% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.04% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 11.705% |
| Earning Assets to total Assets | 93.04% |
Income and Expense
| Total Interest Income | $1.79M |
| Total Noninterest Income | $289.00k |
| Total Interest Expense | $124.00k |
| Total Noninterest Expense | $1.33M |
| Net Interest Income | $1.66M |
| Pre-tax Net Operating Income | $606.00k |
| Provision for Credit Losses | $14.00k |
| 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 | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.18M |
| Total Liabilities and Capital | $127.27M |
Securities
| Securities | $21.99M |
| Available-for-sale debt securities | $21.99M |
| 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 MINNESOTA LAKES BANK?
$127.27M as of the latest filing.
How much are MINNESOTA LAKES BANK's total deposits?
$111.19M in total deposits.
Where is MINNESOTA LAKES BANK located?
Delano, MN.
What is the Net Interest Margin?
5.67%.
How many domestic offices does it operate?
2.
When was it established?
06/24/1982.
What is the Return on Assets (ROA)?
1.92%.
How much are total loans and leases?
$80.52M (latest filing).
What is the total interest income (latest filing)?
$1.79M.