Bank Of Lake Mills
FDIC #8695
📍 Lake Mills, Wisconsin
Bank Of Lake Mills is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1893. With assets of $352.81 Million, it operates 2 domestic branches.
Customer Reviews
N/A ★
Based on 0 ratings
Write a Review
Reviews are moderated before posting. No profanity or personal attacks.
No reviews yet.
Community Reinvestment Act (CRA) Rating
Latest Exam: March 1, 2024
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
March 1, 2024
Satisfactory
February 1, 2018
Satisfactory
October 1, 2016
Needs to Improve
💰 Financial Strength
Total Assets$352.81 Million
Total Deposits$267.09 Million
Equity Capital$36.04 Million
Net Income$5.32 Million
📈 Performance
ROA2.07%
ROE19.71%
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
Established01/01/1893
FDIC Cert8695
Holding CoN/A
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
📜 Institutional History
1996
Relocation
Moved HQ to: 136 East Madison Street, Lake Mills, WI 53551.