Vitals
  • Total Assets
    235.5M 13.0 %
  • Total Deposits
    196.1M 12.4 %
  • Total Net Loans
    186.9M 12.5 %
  • Net Income
    2.0M 32.4 %
  • Book Value
    20.6M 5.3 %
  • Book Value x2
    41.2M 5.3 %
  • Book Value x3
    61.9M 5.3 %
ROAA

.898

ROAE

9.874

Efficiency Ratio

68.095

Net Interest Margin

4.237

Balance Sheet Highlights
Financial Highlights Lake-Osceola State Bank All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 235,532 330,697
Total Net Loans 186,937 227,599
Total Deposits 196,052 278,247
Total Equity 20,619 33,935
Profitability
Net Income 2,006 3,589
Return on Average Assets .898 .954
Return on Average Equity 9.874 8.772
Net Interest Margin 4.237 3.821
Efficiency Ratio 68.095 71.925
Noninterest Income/Revenue 14.4 24.061
Balance Sheet Ratios
Loan-to-Deposit 95.351 76.845
Securities/Assets .082 .16
Total Equity/Total Assets .088 .103
Tangible Equity/Tangible Assets .086 .098
Capital Adequacy
Tier 1 Common Capital 20,210 32,553
Tier 1 Capital 20,210 32,664
Tier 2 Capital 2,022 2,479
Total Capital 22,232 35,133
Total Risk Weighted Assets 176,045 242,208
Leverage Ratio 8.72 10.341
Common Equity Tier 1 Capital Ratio 11.48 15.339
Tier 1 Capital Ratio 11.48 15.393
Total Capital Ratio 12.63 16.423

Timeline for Lake-Osceola State Bank

Lake Financial Corporation

Lake Financial Corporation became a new parent organization for Lake-Osceola State Bank.

View Profile Apr 01 2015

Bank Of America, National Association

Bank Of America, National Association became a new parent organization for Lake-Osceola State Bank.

View Profile Jul 23 1999

California Street Branch

California Street Branch became a new parent organization for Lake-Osceola State Bank.

View Profile May 10 1994

Luther State Bank

Acquisition: Lake-Osceola State Bank acquired a new subsidiary, Luther State Bank , 60 years

View Profile May 06 1963

Lake-Osceola State Bank

Lake-Osceola State Bank was established 116 years ago and is currently headquartered in Baldwin, MI.

Jan 01 1908
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Luther State Bank Seller Discontinued 5/6/1963
Relationships Role Relationship Start Relationship End
Lake Financial Corporation Parent 4/1/2015
Bank Of America, National Association Parent 7/23/1999 3/17/2011
California Street Branch Parent 5/10/1994 7/22/1999
Similar Organizations
Organization City State Total Assets
Community State Bank Of Missouri
 		Bowling Green MO 231.5M
State Bank & Trust
 		Winfield AL 230.8M
Village Bank
 		Saint Francis MN 229.7M
Alamosa State Bank
 		Alamosa CO 236.0M
The Shelby State Bank
 		Shelby MI 236.0M
First Independence Bank
 		Detroit MI 236.1M
Exchange Bank
 		Milledgeville GA 236.8M
Peoples Savings Bank Of Rhineland
 		Rhineland MO 226.8M
Farmers State Bank Of Calhan
 		Calhan CO 237.9M
German-American State Bank
 		German Valley IL 226.2M