State Bank of Lake Park

Lake Park, MN
IDRSSD: 912756
Total Assets
$44.73M
Latest filing
Total Deposits
$40.24M
Latest filing
Net Interest Margin
3.85%
Profitability

Locations

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Main Office
State Bank of Lake Park
2049 2nd Street
Lake Park, MN 56554
Full Service - Brick and Mortar
Updated 11/14/2025Established 10/11/1926FDIC Certificate 6002

Branches (1)

Page 1 of 1
NameAddressCity / State
State Bank of Lake Park (Main)2049 2nd StreetLake Park, MN
DETACHED FACILITY100 Front Street WestHitterdal, 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 Date10/11/1926
Community BankYes
Ownership TypeNot Mutual
ZIP56554
State and County Number27005
Subchapter S CorporationsYes
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 NameN/A

Operational Info

Number of Employees7
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitehttps://www.statebankoflakepark.com
Data Updated11/14/2025
CERT9351
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$44.73M
Total Deposits$40.24M
Total Liabilities$40.69M
Total Equity Capital$4.03M
Net Income$69.00k
Net Loans and Leases$24.27M
Assets Per Employee ($Millions)$6.39M
Bank Premises and Fixed Assets$188.00k
Cash and Balances due from Depository Institutions$2.77M
Deposits Held in Domestic Offices$40.24M

Key Performance Ratios

Return on Assets (ROA)0.63%
Return on Equity (ROE)7.1%
Net Interest Margin3.85%
Efficiency Ratio60.14%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.91%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.015%
Earning Assets to total Assets96.83%

Income and Expense

Total Interest Income$584.00k
Total Noninterest Income$12.00k
Total Interest Expense$172.00k
Total Noninterest Expense$255.00k
Net Interest Income$412.00k
Pre-tax Net Operating Income$69.00k
Provision for Credit Losses$100.00k
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$325.00k
All Other Liabilities$130.00k
Total Liabilities and Capital$44.73M

Securities

Securities$17.06M
Available-for-sale debt securities$17.06M
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 State Bank of Lake Park?
$44.73M as of the latest filing.
How much are State Bank of Lake Park's total deposits?
$40.24M in total deposits.
Where is State Bank of Lake Park located?
Lake Park, MN.
What is the Net Interest Margin?
3.85%.
How many domestic offices does it operate?
2.
When was it established?
10/11/1926.
What is the Return on Assets (ROA)?
0.63%.
How much are total loans and leases?
$24.27M (latest filing).
What is the total interest income (latest filing)?
$584.00k.