LAKE CENTRAL FINANCIAL INC
Legal name: LAKE CENTRAL FINANCIAL, INC.
1 active bank · 1 merged/absorbed · $282M combined assets
RSSD ID: 4035943 (FFIEC NIC)
Combined Assets
$282M
CRA Rating Summary
At a Glance
Dominant CRA Rating
Satisfactory
1 of 1 bank · Meets expectations for community lending
Combined Assets
$282M
1 active bank
Financial Summary
FDIC Call ReportsAggregated from the most recent call report filings for all active charters.
Total Deposits
$250M
Net Income
$2M
ROA (avg)
2.39%
asset-weighted avg
Tier 1 Capital (avg)
0%
asset-weighted avg
Mortgage Lending (HMDA)
Aggregated HMDA data across all active charters for 2024.
Applications
48
Origination Rate
85.42%
Denial Rate
8.33%
Bank Charters
Each charter is examined independently for CRA compliance. Legacy entities were merged or absorbed during corporate consolidation.
LAKE CENTRAL BANK
ANNANDALE, MN · FDIC · $282M
SatisfactorySTATE BANK OF DANVERS
Merged 2024BENSON, MN · FDIC · $59M
Satisfactory
| Charter | Location | Regulator | Assets | Ownership | Current Rating | Exam Date |
|---|---|---|---|---|---|---|
| LAKE CENTRAL BANK | ANNANDALE, MN | FDIC | $282M | 100.0% | Satisfactory | Apr 2024 |
| STATE BANK OF DANVERSMerged 2024 | BENSON, MN | FDIC | $59M | — | Satisfactory | Jun 2024 |
CRA (Community Reinvestment Act) exams are conducted per charter, not per holding company. Asset figures are from the most recent FDIC call report.