Kandi Bancshares, Inc. Financials, FR Y-9SP Data and Filings

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Bank Holding Company Minnesota RSSD 1125647 FRS Est. 1980

Kandi Bancshares, Inc. is a bank holding company based in Minnesota with $153.5M in total consolidated assets as of June 30, 2026, on the consolidated assets memorandum line of its FR Y-9SP, a parent-company-only report. It owns 1 bank that files a call report: Lake Region Bank ($153.0M in assets).

Holding companies with less than $3 billion in assets file the semiannual FR Y-9SP rather than the quarterly FR Y-9C. The FR Y-9SP reports the parent company on its own, apart from one consolidated assets line, so deposits, loans, capital ratios and quarterly earnings sit in the bank's call report: see Lake Region Bank.

Key Financials FR Y-9SP, as of June 30, 2026

Total consolidated assets: $153.5M
Total assets, parent only: $17.4M
Total equity, parent only: $17.4M
Net income, parent only (first half of 2026): $1.7M

Source: FR Y-9SP for June 30, 2026. Total consolidated assets covers the company and every subsidiary (Memoranda item 1, BHSP8519). The parent-only lines count the holding company itself, which carries its banks as an investment, and its net income is year to date. Bank-level figures in the tables below come from each bank's own call report.

Bank Subsidiaries 1 bank held directly or through another holding company

Bank	Charter	State	Total assets (call report)	Share of bank assets	Held through
Lake Region Bank	State Non-Member Bank	MN	$153.0M	100.0%	Held directly

Questions About Kandi Bancshares, Inc.

What are Kandi Bancshares, Inc.'s total assets?

Kandi Bancshares, Inc. reported $153.5M in total consolidated assets as of June 30, 2026, the figure it entered on the consolidated assets memorandum line of its FR Y-9SP filing with the Federal Reserve. The FR Y-9SP is a parent-company-only report that carries no consolidated balance sheet, and holding companies with less than $3 billion in assets file it semiannually instead of the quarterly FR Y-9C.

How many banks does Kandi Bancshares, Inc. own?

Kandi Bancshares, Inc. owns 1 bank that files a call report: Lake Region Bank.

Who owns Lake Region Bank?

Lake Region Bank is owned by Kandi Bancshares, Inc. The bank reported $153.0M in total assets on its latest call report.

Where can I find Kandi Bancshares, Inc.'s FR Y-9SP?

Kandi Bancshares, Inc. files the FR Y-9SP with the Federal Reserve every six months, as of June 30 and December 31. The reports are public on the FFIEC National Information Center under RSSD ID 1125647. This page summarizes the FR Y-9SP for Q2 2026.

Filing Details fiscal year and SEC registration

Fiscal year end: December 31
Ticker: —
SEC CIK: —
SEC filings: —

Organization Map select + to expand a subsidiary's own holdings

Holding company Reporting bank Nonbank subsidiary

Kandi Bancshares, Inc.

Holding Company MN RSSD 1125647

$153.5M
- Lake Region Bank
  
  State Non-Member Bank MN RSSD 164153
  
  $153.0M
- Lake Region Agency of West Central Minnesota, LLC
  
  Nonbank Subsidiary MN RSSD 3920248

Direct Subsidiaries 2 active direct subsidiaries

Entity	Type	State	Total Assets	Share of bank subsidiary assets
Lake Region Bank · 164153	State Non-Member Bank	MN	$153.0M	100.0%
Lake Region Agency of West Central Minnesota, LLC · 3920248	Nonbank Subsidiary	MN	—	—

Share of bank subsidiary assets divides each bank's total assets by the combined assets of the bank subsidiaries listed. Nonbank subsidiaries are not counted.

Regulator records: FFIEC NIC profile (RSSD 1125647)