The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

From Q2 2025 to Q2 2026, the score rose 4 points (82 → 86), mostly because the earnings component improved by 12 points.

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Similar-size banks in Minnesota

Yes. Lake Central Bank is an FDIC-insured institution (FDIC certificate #10989). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 22.0% of deposits ($56.7M) are above the $250,000 FDIC insurance limit, close to the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 11.15%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 15.25% (benchmark: 10%).

Check how much of your own balance is covered

Lake Central Bank lists 3 offices in 3 cities. Most locations:

• Annandale, MN (1)
• Benson, MN (1)
• Clearwater, MN (1)

All branch addresses and map

In 2025, Lake Central Bank reported 67 home-loan applications under HMDA (LEI 549300YSKDQJCQKT0775): 55 originated ($17,135,000 total), 3 denied, and 1 withdrawn or closed by the applicant. Its denial rate on decided applications was 4.5%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Legal name

Lake Central Bank

Former names

Annandale State Bank

Type

State-chartered bank

FDIC certificate #

10989

RSSD ID

269058

Primary regulator

FDIC

Holding company

Lake Central Financial Inc

Established

August 15, 1893

Headquarters

40 Chestnut St W, Annandale, MN 55302

Website

www.lakecentral.bank

Employees

36