Lakeview Bank in Lakeville, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


Lakeview Bank - Overview

  • General
  • FDIC Certificate #: 57785
    Status: Active
    Federal Reserve ID: 3253834
    Bank Holding Company (Regulatory Top Holder): Lakeview Bancorporation, Inc. (RSSDID: 3253825, Location: Lakeville, MN)
    Date Established: July 08, 2004
    WWW: http://www.lakeview-bank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 424611
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 08, 2004
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 9725 163rd Street West, Lakeville, MN 55044
    County: Dakota
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $50.0 mil
    Equity capital: $5.7 mil
    Deposits held in domestic offices: $44.0 mil
    Return on assets (ROA): -0.04% (-$0.0 mil)
    Quarterly return on assets: 0.30% ($0.1 mil)
    Return on Equity (ROE): -0.41% (-$0.0 mil)
    Quarterly return on equity: 2.70% ($0.2 mil)
    Net income: -$0.0 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -0.07% (-$35.0 mil)
    Quarterly Pretax return on assets: 0.50% ($250.1 mil)

2000 - 2011 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, 2011)

  • Dollar figures in thousands
  • 10Total employees (full-time equivalent)
  • $50,023Total assets
  • $4,729Cash and due from depository institutions
  • $4,049Interest-bearing balances
  • $3,087Securities
  • $425Federal funds sold & reverse repurchase agreements
  • $35,342Net loans & leases
  • $662Loan loss allowance
  • $0Trading account assets
  • $1,882Bank premises and fixed assets
  • $2,633Other real estate owned
  • $0Goodwill and other intangibles
  • $50,023Life insurance assets
  • $1,925All other assets
  • $44,366Total liabilities and capital
  • $43,973Total liabilities
  • $37,714Total deposits
  • $43,973Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $200Other borrowed funds
  • $193Subordinated debt
  • $5,657All other liabilities
  • $5,657Total equity capital
  • $5,657Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $7,815Surplus
  • $-2,258Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $134Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,970Income earned, not collected on loans
  • $0Earning assets
  • $121Long-term assets (5+ years)
  • $42,903Average Assets, year-to-date
  • $3,745Average Assets, quarterly
  • $53,242Volatile liabilities
  • $51,353Insider loans
  • $38,506FHLB advances
  • $50,099Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,130Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,627Restructured Loans and leases
  • $747Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,280Total interest income
  • $438Total interest expense
  • $1,842Net interest income
  • $335Provision for loan and lease losses
  • $299Total noninterest income
  • $0Fiduciary activities
  • $103Service charges on deposit accounts
  • $0Trading account gains & fees
  • $196Additional noninterest income
  • $1,845Total noninterest expense
  • $808Salaries and employee benefits
  • $186Premises and equipment expense
  • $851Additional noninterest expense
  • -$39Pre-tax net operating income
  • $0Securities gains (losses)
  • -$16Applicable income taxes
  • -$23Income before extraordinary items
  • $0Extraordinary gains - net
  • -$23Net income attributable to bank
  • $0Net charge-offs
  • -$23Cash dividends
  • $1,313Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.95%Yield on earning assets
  • 0.95%Cost of funding earning assets
  • 4.00%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 4.00%Noninterest expense to earning assets
  • -0.04%Net operating income to assets
  • -0.04%Return on assets (ROA)
  • -0.07%Pretax return on assets
  • -0.41%Return on equity (ROE)
  • -0.41%Retained earnings to average equity (YTD only)
  • 3.33%Net charge-offs to loans
  • 25.51%Credit loss provision to net charge-offs
  • 0.23%Efficiency ratio
  • 86,175Assets per employee
  • 5.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.84%Loss allowance to noncurrent loans
  • 33.60%Noncurrent assets plus other real estate owned to assets
  • 9.20%Noncurrent loans to loans
  • 5.47%Net loans and leases to deposits
  • 80.37%Net loans and leases to core deposits
  • 81.90%Equity capital to assets
  • 11.31%Core capital (leverage) ratio
  • 8.24%Tier 1 risk-based capital ratio
  • 10.73%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $53,242Average earning assets
  • $5,543Average equity
  • $46,083Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0424611Lakeview Bank9725 163rd Street West, Lakeville, MN 55044July 08, 2004Full Service Brick and Mortar

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