Laona State Bank
FDIC #11601
📍 Laona, Wisconsin
Laona State Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1914. With assets of $262.70 Million, it operates 7 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: November 1, 2023
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
November 1, 2023
Satisfactory
November 1, 2017
Satisfactory
January 1, 2013
Satisfactory
💰 Financial Strength
Total Assets$262.70 Million
Total Deposits$247.33 Million
Equity Capital$14.33 Million
Net Income$782,000
📈 Performance
ROA0.40%
ROE6.47%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/01/1914
FDIC Cert11601
Holding CoNorthern Wi Bk Holding Co Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 5:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2006
Relocation
Moved HQ to: 5308 Beech Street, Laona, WI 54541.
1997
Relocation
Moved HQ to: Mill And Maple Streets, Laona, WI 54541.