Lakeland National Bank in Lino Lakes, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 2000

  • Lakeland National Bank in Lino Lakes, Minnesota (MN)
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Lakeland National Bank - Overview

  • General
  • FDIC Certificate #: 34773
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: Community National Bank (#23306)
    Federal Reserve ID: 2701879
    Date Established: November 09, 1998
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 61546
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: November 09, 1998
    Last Structure Change Effective Date: December 01, 2000
    Last Structure Change Process Date: January 08, 2001
    Last Data Update: January 08, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 7641 Lake Drive, Lino Lakes, MN 55014
    County: Anoka
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Minneapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120)
    Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
    Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
    CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
  • Financial Summary
  • Total assets: $31.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 1999)

  • Dollar figures in thousands
  • 8Total employees (full-time equivalent)
  • $23,985Total assets
  • $813Cash and due from depository institutions
  • $0Interest-bearing balances
  • $4,841Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $15,844Net loans & leases
  • $4Loan loss allowance
  • $0Trading account assets
  • $2,164Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $323All other assets
  • $23,985Total liabilities and capital
  • $19,823Total liabilities
  • $18,485Total deposits
  • $16,730Interest-bearing deposits
  • $18,485Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $500Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $750Other borrowed funds
  • $0Subordinated debt
  • $88All other liabilities
  • $4,162Total equity capital
  • $4,162Total bank equity capital
  • $4,162Perpetual preferred stock
  • $0Common stock
  • $2,250Surplus
  • $2,250Undivided profits
  • Memoranda
  • $-338Noncurrent loans and leases
  • $1,228Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $9Earning assets
  • $0Long-term assets (5+ years)
  • $111Average Assets, year-to-date
  • $20,685Average Assets, quarterly
  • $5,605Volatile liabilities
  • $17,033Insider loans
  • $22,602FHLB advances
  • $2,231Loans and leases held for sale
  • $1,420Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,228Total unused commitments
  • $0Restructured Loans and leases
  • $4Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $1,174Total interest income
  • $627Total interest expense
  • $547Net interest income
  • $18Provision for loan and lease losses
  • $36Total noninterest income
  • $0Fiduciary activities
  • $3Service charges on deposit accounts
  • $0Trading account gains & fees
  • $33Additional noninterest income
  • $682Total noninterest expense
  • $382Salaries and employee benefits
  • $75Premises and equipment expense
  • $225Additional noninterest expense
  • -$117Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$117Income before extraordinary items
  • $0Extraordinary gains - net
  • -$117Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $14Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.31%Yield on earning assets
  • 4.44%Cost of funding earning assets
  • 3.87%Net interest margin
  • 0.25%Noninterest income to earning assets
  • 4.83%Noninterest expense to earning assets
  • -0.69%Net operating income to assets
  • -0.69%Return on assets (ROA)
  • -0.69%Pretax return on assets
  • -2.71%Return on equity (ROE)
  • -2.71%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 128.57%Credit loss provision to net charge-offs
  • -7.07%Efficiency ratio
  • 116,981Assets per employee
  • 3.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.03%Loss allowance to noncurrent loans
  • 44.44%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.06%Net loans and leases to deposits
  • 85.71%Net loans and leases to core deposits
  • 94.57%Equity capital to assets
  • 17.35%Core capital (leverage) ratio
  • 19.03%Tier 1 risk-based capital ratio
  • 22.29%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $17,033Average earning assets
  • $4,310Average equity
  • $14,131Average loans

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