Lake Country Community Bank
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Data as of · sourced from FFIEC call reports. How we update
Lake Country Community Bank is an FDIC-insured commercial bank headquartered in Morristown, MN, established in 1928 (FDIC certificate 17122), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $31.5M, down 4.4% from Q2 2025, the 217th largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 20.34% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 17122
- Headquarters
- Morristown, MN
- Established
- 1928
- Total assets, Q2 2026
- $31.5M
- Assets vs Q2 2025
- -4.4%
- CET1 ratio, Q2 2026
- 20.34%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 091915832
- Latest call report
- Q2 2026, FFIEC 051 · Lake Country Community Bank Q3 2026 call report, filed October 23, 2026 (preliminary)
- Holding company
- MORRISTOWN HOLDING COMPANY
- Asset rank in state
- 217th of 221 in Minnesota
Lake Country Community Bank, based in Morristown, Minnesota, reported $32 million in assets at June 30, 2026, down 4.4% from a year earlier. It lost 5.4% of its deposits over the year, lower than about three-quarters of the 583 banks with less than $100 million in assets (median 2.5%). It also carries problem assets equal to 12.5% of the capital and reserves that would absorb them, 9.1 times the median of 1.4% for banks its size.
Loans and deposits moved in opposite directions: over the year loans rose 17.2% and deposits fell 5.4%. Paper losses on its bond portfolio are shrinking: unrealized losses of $1.0 million equal 27% of Tier 1 capital, down from 34% a year earlier. Concentration is the risk to watch: it holds commercial real estate loans worth 0.9 times its capital, 3.5 times the median of 26% for banks its size.
As of June 30, 2026, Lake Country Community Bank reported a CET1 capital ratio of 20.34%, a return on assets of 0.43%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 12.54%. The figures come from its call report filed with the FFIEC.
Lake Country Community Bank ranks as the 217th largest of the 221 banks based in Minnesota, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 1.6% to $31.5M, loans rose 7.3% and deposits rose 1.6%. 1-4 family residential loans made up 32.9% of its total loans on June 30, 2026, its largest category; next came commercial and industrial loans at 25.7%. Its 2 offices in the FDIC Summary of Deposits are in Morristown, MN and Nerstrand, MN; its Morristown office books 75% of its branch deposits. Judged on its Q2 2026 call report, Lake Country Community Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 111 Division St N, Morristown, MN 55052
- County
- Rice
- Metro Area
- Faribault-Northfield, MN
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- May 2, 1928
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 8
- Domestic deposits
- $28.2M
- Allowance for credit losses
- $233K
- Net charge-offs (YTD)
- -$1K
- Average total assets
- $31.7M
- Average total loans
- $16.5M
- Average interest-bearing deposits
- $17.6M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- July 1, 1952
- FDIC Cert
- 17122
- Fed RSSD
- 706450
- Website
- lccbank.com →
- Parent Holding Company
- MORRISTOWN HOLDING COMPANY (RSSD 1142868)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Lake Country Community Bank's total assets ranged from $28.4M (Q2 2024) to $34.3M (Q4 2024), and it earned a profit in 8 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$31.5M total assets against $33.0M; $28.4M total liabilities against $30.1M.
$17.1M net loans and leases against $14.6M; $28.2M total deposits against $29.8M.
$6.6M securities against $9.1M; $6.3M cash and balances due against $8.2M.
$423K total interest income against $382K; $59K total interest expense against $93K.
$364K net interest income against $289K.
$10K total noninterest income against $12K; $303K total noninterest expense against $304K.
$26K provision for credit losses against $1K.
$34K net income against -$3K.
0.43% return on assets against -0.04%; 4.90% net interest margin against 3.66%.
20.34% CET1 capital ratio against 20.32%; 11.92% tier 1 leverage ratio against 11.52%.
Inside the full Lake Country Community Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeLake Country Community Bank rankings
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -0.44% (Q4 2025) to 0.43% (Q2 2026) and its net interest margin ran from 3.17% (Q4 2024) to 4.90% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 20.34% | 0.43% | 0.00% | 12.54% | 4.90% |
| Q1 2026 | 21.12% | 0.01% | 0.00% | 12.69% | 4.40% |
| Q4 2025 | 22.50% | -0.44% | 0.00% | 12.71% | 3.61% |
| Q3 2025 | 22.77% | 0.18% | 0.00% | 0.00% | 3.89% |
| Q2 2025 | 20.32% | -0.04% | 0.00% | 0.00% | 3.66% |
| Q1 2025 | 20.30% | 0.05% | 0.14% | 0.64% | 3.34% |
| Q4 2024 | 23.03% | 0.29% | 0.00% | 0.00% | 3.17% |
| Q3 2024 | 25.29% | 0.33% | 0.00% | 0.00% | 3.26% |
Swipe the table sideways to see every column.
Branch Network
View all 2 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Lake Country Community Bank (main office) | Morristown , MN | 55052 | $21.1M |
| Nerstrand Branch | Nerstrand , MN | 55053 | $7.1M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MN, rank 268 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $185K approved, $185K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2024 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Lake Country Community Bank
What are Lake Country Community Bank's total assets?
As of the Q2 2026 filing, Lake Country Community Bank reported total assets of $31.5 million in its FFIEC call report.
Where is Lake Country Community Bank headquartered?
It is headquartered in Morristown, MN, United States.
When was Lake Country Community Bank founded?
It was established in 1928, per the FDIC institution directory.
Is Lake Country Community Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #17122). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Lake Country Community Bank?
Lake Country Community Bank's primary federal regulator is the FDIC.
What is Lake Country Community Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 20.34% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Lake Country Community Bank operate?
It operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Lake Country Community Bank's Texas Ratio?
Its Texas Ratio is 12.54% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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