# LAKE COMMUNITY BANK
LONG LAKE, MN · FDIC certificate 8193 · asset band <$300M · latest filing 2023-12 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (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 | $138.3M | |
| Deposits | $114.8M | |
| Loans and leases | $96.6M | |
| Total equity | $22.9M | |
| Loans / deposits | 83.08% (p70 of band) | 70.54% |
| Liquid assets / assets | 23.91% (p27 of band) | |
| Uninsured deposits / deposits | 19.75% (p52 of band) | 19.32% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 12.67% (p64 of band) | 11.31% |
| Unrealized securities loss / equity | -8.52% (p65 of band) | -16.04% |
| AOCI / equity | 1.16% (p31 of band) | |
| ROA (annualized) | 1.19% (p65 of band) | 0.93% |
| Net interest margin | 3.69% (p57 of band) | 3.54% |
| Efficiency ratio | 54.22% (p16 of band) | |
| Noncurrent loans | 0.02% (p31 of band) | 0.20% |
| Net charge-offs (annualized) | 0.00% (p35 of band) | |
| Reserve coverage of noncurrent | 7812.50% | |
| Real estate % of loans | 96% | |
| Construction % of loans | 9.88% (p35 of band) | |
| Auto loans | $120,000 (0.12% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -18.7% | |
| Employees | 13 | |

## Flags firing in the latest filing

- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | losing money, noncurrent p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 3 |  | construction >100% equity |
| 2011-09 | 4 | charge-offs p90 |  |
| 2011-12 | 3 |  | charge-offs p90 |
| 2012-03 | 3 | deposits shrinking, assets shrinking | losing money, noncurrent p90 |
| 2012-06 | 4 | noncurrent p90 |  |
| 2012-09 | 3 |  | deposits shrinking |
| 2012-12 | 4 | deposits shrinking |  |
| 2013-03 | 3 | charge-offs p90 | assets shrinking, deposits shrinking |
| 2013-06 | 7 | losing money, expense ratio p90, deposits shrinking, assets shrinking |  |
| 2013-09 | 6 |  | losing money |
| 2013-12 | 7 | losing money |  |
| 2014-03 | 3 |  | noncurrent p90, charge-offs p90, expense ratio p90, losing money |
| 2014-06 | 2 |  | deposits shrinking |
| 2014-09 | 1 |  | assets shrinking |
| 2014-12 | 0 |  | reserve under noncurrent |
| 2015-03 | 2 | capital falling, charge-offs p90 |  |
| 2015-06 | 1 |  | capital falling |
| 2015-09 | 1 | construction >100% equity | charge-offs p90 |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | capital falling |  |
| 2017-06 | 0 |  | construction >100% equity, capital falling |
| 2017-09 | 1 | construction >100% equity |  |
| 2017-12 | 0 |  | construction >100% equity |
| 2018-03 | 2 | capital falling, construction >100% equity |  |
| 2018-06 | 0 |  | capital falling, construction >100% equity |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | charge-offs p90 |  |
| 2020-06 | 2 | capital falling |  |
| 2020-09 | 1 |  | capital falling |
| 2020-12 | 0 |  | charge-offs p90 |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 2 | NIM <2.5%, reserve under noncurrent |  |
| 2022-03 | 0 |  | NIM <2.5%, reserve under noncurrent |
| 2022-06 | 1 | capital falling |  |
| 2022-09 | 0 |  | capital falling |
| 2022-12 | 0 |  |  |
| 2023-03 | 1 | capital falling |  |
| 2023-06 | 1 | deposits shrinking | capital falling |
| 2023-09 | 1 |  |  |
| 2023-12 | 3 | assets shrinking, uninsured deposits leaving |  |

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

- 2023-10-04 [MidCountry Bank to absorb Lake Community Bank - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNUGxfblUwWGl1ZFJwUXlndTBRZFlRYWNzbEZsTU96UHFuMWgzOHNFOW9HVVd0QS1WdExaTVVsWWlaSGlwU19MS3pTTjBfOXJPM29Ud2ZmbFd5WTh3QW1QTUhEVktBU011VTlsb3pjTm9tU3BaVmZxQkdYZnptMU9WWXFVU1dsYTh5eVFwS1JTNjFYUzR0SURIWnA3RWdWNExuTUkxZTV5dUs?oc=5) · The Business Journals
- 2018-03-31 [Bank earns Long Lake’s biz of the year - hometownsource.com](https://news.google.com/rss/articles/CBMizgFBVV95cUxORlRMZ0FKXzdDQUJlbThDYVlKdG5VclpuS3FUWWp2N0dHcUZ4TGdiZ21QRzFyd0lfQkotS1BwWVpXLS1qcmJ5NmMyeHdIOGxIT2hWTmVJUEM0UW12TFZjcDBPQ240WGRrS2hzZnNhdk8wd3JWWnlFdHpyZVZ0bFUzbzRYaDU3VHpnM3ExMVUtdVhCZjBVRFp1cUtJOFFkTTVHejZUMkVkSHhsQ2VjdTNzMzNlSlluOXRtdFI5YzlvVU9SLWVjdWZWam1YX1dnZw?oc=5) · hometownsource.com
- 2025-05-24 [Sally & Richard Valiton - Star Tribune](https://news.google.com/rss/articles/CBMiggFBVV95cUxNSHFoaHdEdUMxdWppYjdmeWN1ancxbGRtZlZmY1ZzaWthNENhbTNzdU1VX3VxQmV3b29OV21oWEJHd2F1eGh4bFJRUUhpLTdEUXhtRHpFUDJ6cmFEQ1JyVndwaExXZmFXMDJpdU9VMjRHeXA0eHhfeEZaOUE3VUZ2T05B?oc=5) · Star Tribune
- 2026-08-13 ['I just don’t want to quit': Woman spends seven decades working at local bank - hometownsource.com](https://news.google.com/rss/articles/CBMiiwJBVV95cUxQeXg4RkRmbVJ1czV6ckRybUFOakltUWVBSTlzcXZMWFJyY2VSOHgwQ3FnLTEzRmQ5X1JHeHJ0bnZkMDFsWEZ5akVWSHlPYmxfZi1kRnFwRUZQREtUdmpEWHJhX0hNZWlHanhJcjRRa294NWFKeGZiU2d1a2hXZVVXUERMM0h3MkMxY2VLajJCTUlrYVZJbUVHakVJWDZBLXVMOVZFLXM1WnpzMkJ5QnZtb190RW84b0k1OWI3dlk4MlExaUVoWDFNZ1BKMzRqLUl4Rl80cWExUDd6MHFDTmRPd21hMXdOenlJUVVuaWZSR3hoZ3d5NjZZYUxIdFE5ajlXTjF5cko5U3NNRXM?oc=5) · hometownsource.com
- 2026-06-09 [MidCountry Bank CEO to retire after 16 years leading Bloomington lender - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxOUDZMOXVWZm5HVWZkZEc3LU1WbWp5eGZpZk41d0pDUHFXWjFTMmJudDcxRnVEWllRZjNHWmJaNS1ObHNSYTBPaXVFbFZKZ2daenZRVTZFSmtTSDJvaHNyOUJ3STRrLU5zRnpGallheFc3VTRuYkZqWDdSTjRpb1dDXzVNcUZCcmFRX1JfX0lydmIxSzhKZlU1ZUh0NUZ5ZzUyUVFv?oc=5) · The Business Journals
- 2019-04-19 [Medina man comes face to face with identity thieves - kare11.com](https://news.google.com/rss/articles/CBMivAFBVV95cUxQRWtnbFFwQ1hhc1FTRG9YT1VEazljZUlmb0p4eVBVVjJyanRLbzZlcHM0dXNuOER5a1RHTHBlQm8xZmFBVUZtS3hMUFFMRXExZjBkYzB5Q0EtZWRscXY4N1Q2YnFmemxSODdCOFlIOG1heEJwUV8xQnVqTmNYb05vMEZNakd6M3BrODdsMU5Cems1TG9GM0x1UzQ3VTJ6U2tXeHlPR2lRTnA2b3dNcjVhc241djhKVFEtQm1XMA?oc=5) · kare11.com
- 2025-01-31 [After Old National/Bremer merger, Minnesota primed for more bank deals - The Business Journals](https://news.google.com/rss/articles/CBMioAFBVV95cUxQYXp3QmtSa21peXBrdTlvVGlMTnppNlM5YWdpT25qR3VqUTVoaWZmV2pXNmNMRlFtZ3VMa1BkOU1MVUlLb25qWk9OSVNUWFczQmlLZDFjQThacFg5Z1lvd1lWSGJqRVpNYTdNVW9iT1p1TFZwd1ZXUXdqVTFiNmZIbHhzWUxvVHBfbU5QZUhmRmEwUjFzX205dXlTR1hOWm95?oc=5) · The Business Journals
- 2025-02-21 [UMB Financial eyes Twin Cities growth after market entry - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPYTFjTHJkbHRxMUpnUXAwaXlmd1V6Q3VpdnlrNjhxZnFLeEhIUDFqWjl6b0NaaWEyMHZmOWppcmV1R3B1VS1VOEkxXzNXZmFMcVpRT0NVYlFZcEhqTHQzeWxDOVRqcS1aUGl3Rm1vdEs0bkFHanYxQ0FFTHVTWmotNVVMZ1FWelVpTW1WX09XckVrclZIQmVVdTlLajN0OTZMOTJVdlpRc3o?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8193 (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/1.json (key "8193", 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