# LAKE ELMO BANK
LAKE ELMO, MN · FDIC certificate 15443 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $529.7M | |
| Deposits | $462.6M | |
| Loans and leases | $428.1M | |
| Total equity | $60.1M | |
| Loans / deposits | 91.31% (p73 of band) | 82.04% |
| Liquid assets / assets | 16.62% (p20 of band) | |
| Uninsured deposits / deposits | 18.64% (p24 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.72% (p32 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.62% (p64 of band) | 10.81% |
| Unrealized securities loss / equity | -3.13% (p72 of band) | -8.10% |
| AOCI / equity | -0.22% (p58 of band) | |
| ROA (annualized) | 1.79% (p79 of band) | 1.28% |
| Net interest margin | 4.25% (p70 of band) | 3.91% |
| Efficiency ratio | 54.99% (p30 of band) | |
| Noncurrent loans | 0.84% (p68 of band) | 0.43% |
| Net charge-offs (annualized) | 0.11% (p85 of band) | |
| Reserve coverage of noncurrent | 157.32% | |
| Real estate % of loans | 85% | |
| Construction % of loans | 45.30% (p52 of band) | |
| Auto loans | $2.6M (0.60% of loans; DQ 4.66%, NCO -0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 5.5% | |
| Employees | 77 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 0 |  | reserve under noncurrent |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | capital falling |  |
| 2016-09 | 0 |  | capital falling |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | capital falling |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 0 |  | capital falling |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | uninsured deposits leaving |  |
| 2018-09 | 2 | deposits shrinking |  |
| 2018-12 | 3 | assets shrinking |  |
| 2019-03 | 2 |  | assets shrinking |
| 2019-06 | 1 |  | deposits shrinking |
| 2019-09 | 0 |  | uninsured deposits leaving |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | capital falling |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 0 |  | capital falling |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 2 |  | uninsured deposits leaving |
| 2024-03 | 3 | uninsured deposits leaving |  |
| 2024-06 | 0 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2017-07-23 [Back in Time: Bandits rob Lake Elmo Bank | Columnists - hometownsource.com](https://news.google.com/rss/articles/CBMi7wFBVV95cUxNOWY4VWFUNTBEOUptYzhTczQ1U3dlbFRIZjNXQkF2bDJOV0Ewc0FMUlp0TWZSdGxHdVZYR0ZkdFNuOHBmdWIxZjdKdVJzX0l1X1hfd3k1Z2J0NldIQTR4YmJORXJ2TEdzMkN6ZUxpZWxzM1NPc2pRU0U3MjRRTHdzMlBPTkFpVGVGQkFlU3BEcmZfVHZNWEZIQi16WlZHYkFGZnNaSE13MEY3cGpXd3N0d1h3RHJDLW5SckNfamdnSlZNODAwME5vRmFCOThCSkQ4WnQ5Q2FXaldZMTk1TXpNMHhOTWpOOV9tVDg2UlFNcw?oc=5) · hometownsource.com
- 2024-05-19 [Donald T. Raleigh Obituary May 19, 2024 - Bradshaw Funeral](https://news.google.com/rss/articles/CBMiaEFVX3lxTFB4eGd3S3hiT1VoMHRBYzhlNlZQZWNmVVh4VnVfN1p2LTVReUQ3ZE5aNi1DdnZJa1loMTEtUktuTnlWMjFyZzVxNXV3dFFDVDk3dlFkWnlkZnBHMHZtUk1yNGNpZHl3RXlk?oc=5) · Bradshaw Funeral
- 2024-05-23 [James SCHAEFER Obituary - Georgetown, TX - Pioneer Press](https://news.google.com/rss/articles/CBMif0FVX3lxTFA0RExoMFZBSEY4N2ZCLS13R2ZFNUh0ZmhmUlltRDlBaEY0NHBESXJHVTNSVlZoMklHSU4zT3Q1RlFlUG8tTWJjMkVMaEtucm9nVUthcm9GRjNjdTZzNl9oMkZ6UDNNdzB2MjVyX0lyeUFHTGFCUzJiRWNSNHpvbkE?oc=5) · Pioneer Press
- 2022-09-20 [Cottage Grove to get Minnesota’s newest Pizza Ranch - Cottage Grove Journal](https://news.google.com/rss/articles/CBMiowFBVV95cUxQTXpjM1ZhZTRSRGZaazFqREp0eklGZk1qeGNWNTN4RVJvM2RQRmN6Ym5JWjY1NHlMWWdQYmxjRUY2ZGJQblNHckFaQnE2THlBME1zRHc1X255Q1c2RXZIV1dRa2VNN01BQW9HT2FQbGFpQkdxbWhLajVtOHRxMHA1aUp6LXZqdi1lUkd3QklzNENpczJ0UERmTnpEN040SVA4SS1F?oc=5) · Cottage Grove Journal
- 2023-08-09 [Bruce Beutel Obituary Sep 15, 2022 - Bradshaw Funeral](https://news.google.com/rss/articles/CBMiZkFVX3lxTFBTU1AxMHE3bTEwRGw0NXkxbU1RUUJqemo3R3dqRzZJMklZM0Jzd2hscHlWRkVQQjRkYk82aDJMSzhreVNzR3ZTWXd5d2t3dVl5N1VJMTlZQ0poV2hLbVpEek5abG1mUQ?oc=5) · Bradshaw Funeral
- 2007-11-05 [High-end Lake Elmo development hits hard times - Pioneer Press](https://news.google.com/rss/articles/CBMijgFBVV95cUxNLTZ1cVlkOWY4ZzNZYkE0bXlra3ZDXzBzSm56RFlsSlltU3N1MmZPWTdHT0RtMXl1RlE3eUtISXo2RFE2ZEpXenY1UGs3Y0J0Y3AzY3dKUGpGNEVxQk9KZjBYRGQydG9mLUhQZmVRaGZ2VnVDM29hamlVZUZNUWpEWUtFY3EwUzRPZlVhOWdn?oc=5) · Pioneer Press
- 2018-03-07 [Rani Voss Obituary - Woodbury, MN - Dignity Memorial](https://news.google.com/rss/articles/CBMifEFVX3lxTE1VdlNldlFhdUR2ZzhhME5QSlNhb1JFYmdDT09JeVNWUkFqYVZxLUR1VW1oWVBTaTZpM3J4ZWJqY0pYT00zaXlmeDZveE9ZZ2lvdEVOdnZHcFVaWEZCXzBSME5fVmJWWHNWWnVjNTBkbFpHRzFEY1FnSGtnNWY?oc=5) · Dignity Memorial
- 2019-06-18 [[Update: 8 more banks] Google Pay adds 57 US banks and credit unions to its already enormous support list - androidpolice.com](https://news.google.com/rss/articles/CBMiwgFBVV95cUxPSjhTQUN1SFZQZDB1ekU5cHJlM201ckRZcllldUJhd1JxaVhqc1lnVzVQaW9jZEJ2M2dNd1ZVVjlUclhITE45eXE1N043Mk1sNkJfTW5JYmhRRy1rWEY5bU5tN1p6S1ZjbmZxTzNveDhNaVF2eGFGMUJROFhOTkIwdE5RRWkxRFN0UFlobmJNajZJcDROSmhES0c3WE1kWHhJckh2bExsc0IzaG1LWDVEYlg3amZKYWdOMFBkYzNNdVo2Zw?oc=5) · androidpolice.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15443 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/19.json (key "15443", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide