Lake Region Bank
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Data as of · sourced from FFIEC call reports. How we update
Lake Region Bank is an FDIC-insured commercial bank headquartered in New London, MN, established in 1915 (FDIC certificate 10965), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $153.0M, up 5.5% from Q2 2025, the 133rd largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 18.78% 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
- 10965
- Headquarters
- New London, MN
- Established
- 1915
- Total assets, Q2 2026
- $153.0M
- Assets vs Q2 2025
- +5.5%
- CET1 ratio, Q2 2026
- 18.78%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 091911153
- Latest call report
- Q2 2026, FFIEC 051 · Lake Region Bank call report
- Holding company
- KANDI BANCSHARES, INC.
- Asset rank in state
- 133rd of 221 in Minnesota
Lake Region Bank is one of the more profitable banks of its size. It reported $153 million in assets at June 30, 2026, up 5.5% from a year earlier. It returns 24.8% a year on shareholders' equity, about double the median of 12.5% for the 2,660 banks with $100 million to $1 billion in assets. It also pays an average of 0.57% on its deposits and borrowings, about a third the median of 1.80% for banks its size. A wide margin does most of the work: it keeps 4.57 cents of net interest income on every dollar of earning assets.
Earnings jumped: net income for the quarter was $763,000, 30% above the same quarter a year earlier. Its $12 million commercial and industrial book is now fully current, after 1.16% of it was past due or on nonaccrual a year earlier.
As of June 30, 2026, Lake Region Bank reported a CET1 capital ratio of 18.78%, a return on assets of 1.98%, a nonperforming-loan ratio of 0.09% and a Texas ratio of 0.50%. The figures come from its call report filed with the FFIEC.
Of the 221 banks headquartered in Minnesota, Lake Region Bank is the 133rd largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 1.1% to $153.0M, loans rose 1.1% and deposits rose 0.3%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 27.3% of total loans, ahead of owner-occupied commercial real estate loans at 22.9%. The FDIC Summary of Deposits lists 3 offices for it, in New London, MN, Willmar, MN and Sunburg, MN; its New London office books 50% of its branch deposits. Judged on its Q2 2026 call report, Lake Region Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 51 Main St S, New London, MN 56273
- County
- Kandiyohi
- Metro Area
- Willmar, 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
- January 12, 1915
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 31
- Domestic deposits
- $139.1M
- Allowance for credit losses
- $762K
- Net charge-offs (YTD)
- -$15K
- Average total assets
- $153.8M
- Average total loans
- $75.0M
- Average interest-bearing deposits
- $90.5M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 10965
- Fed RSSD
- 164153
- Website
- www.lakeregion.com →
- Parent Holding Company
- KANDI BANCSHARES, INC. (RSSD 1125647)
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
Lake Region Bank's total assets moved between a low of $136.8M (Q2 2024) and a high of $153.0M (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$153.0M total assets against $145.0M; $140.1M total liabilities against $133.6M.
$74.8M net loans and leases against $67.9M; $139.1M total deposits against $128.6M.
$56.4M securities against $61.7M; $17.4M cash and balances due against $10.4M.
$1.9M total interest income against $1.7M; $198K total interest expense against $193K.
$1.7M net interest income against $1.6M.
$601K total noninterest income against $511K; $1.5M total noninterest expense against $1.4M.
$0 provision for credit losses against $47K.
$763K net income against $585K.
1.98% return on assets against 1.61%; 4.57% net interest margin against 4.47%.
18.78% CET1 capital ratio against 20.29%; 10.43% tier 1 leverage ratio against 11.12%.
Inside the full Lake Region Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeLake Region Bank rankings
Its closest position to the top of a national ranking is 505 of 3,611, for ROA; its furthest is 2,956 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.59% (Q4 2024) to 1.98% (Q2 2026) and its net interest margin ran from 4.16% (Q1 2025) to 4.58% (Q1 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 18.78% | 1.98% | 0.09% | 0.50% | 4.57% |
| Q1 2026 | 18.28% | 1.62% | 0.07% | 0.42% | 4.58% |
| Q4 2025 | 20.41% | 0.98% | 0.03% | 0.16% | 4.55% |
| Q3 2025 | 20.28% | 1.64% | 0.20% | 1.08% | 4.46% |
| Q2 2025 | 20.29% | 1.61% | 0.21% | 1.21% | 4.47% |
| Q1 2025 | 22.73% | 1.52% | 0.00% | 0.00% | 4.16% |
| Q4 2024 | 22.29% | 0.59% | 0.00% | 0.00% | 4.21% |
| Q3 2024 | 23.44% | 1.58% | 0.03% | 0.12% | 4.28% |
Swipe the table sideways to see every column.
Branch Network
View all 3 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 Region Bank (main office) | New London , MN | 56273 | $69.3M |
| Willmar Branch | Willmar , MN | 56201 | $66.4M |
| Detached Facility | Sunburg , MN | 56289 | $3.4M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MN, rank 161 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $135K approved, $135K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2023 (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 Region Bank
What are Lake Region Bank's total assets?
As of the Q2 2026 filing, Lake Region Bank reported total assets of $153.0 million in its FFIEC call report.
Where is Lake Region Bank headquartered?
It is headquartered in New London, MN, United States.
When was Lake Region Bank founded?
It was established in 1915, per the FDIC institution directory.
Is Lake Region Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #10965). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Lake Region Bank?
Lake Region Bank's primary federal regulator is the FDIC.
What is Lake Region Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 18.78% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Lake Region Bank operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Lake Region Bank's Texas Ratio?
Its Texas Ratio is 0.50% 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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