Lake Ridge Bank
FDIC #15091
📍 Cross Plains, Wisconsin
Lake Ridge Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1908. With assets of $2.95 Billion, it operates 19 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: June 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
June 1, 2023
Satisfactory
July 1, 2020
Satisfactory
June 1, 2017
Satisfactory
💰 Financial Strength
Total Assets$2.95 Billion
Total Deposits$2.29 Billion
Equity Capital$283.41 Million
Net Income$13.51 Million
📈 Performance
ROA0.62%
ROE6.23%
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
Established01/01/1908
FDIC Cert15091
Holding CoLake Ridge Bcorp Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeFebruary 21, 2023
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
9999
Name Change
Name became: Changed Institution Name To Lake Ridge Bank.
2023
Merger / Acquisition
Acquired: Monona Bank
2019
Merger / Acquisition
Acquired: Union Bank & Trust Company
2010
Merger / Acquisition
Acquired: The Black Earth State Bank
2007
Merger / Acquisition
Acquired: Independent Bank