Headquartered in New London, Minnesota, Lake Region Bank is a state-chartered bank with $153.0M in total assets and $139.1M in deposits as of Q2 2026. It operates 3 offices. Its charter dates back to 1915.
Lake Region Bank has a TellerScore of 84 out of 100 (strong) based on Q2 2026 data — higher than 86% of its 2,650 banks with $100 million – $1 billion. Among 223 banks headquartered in Minnesota, it ranks 24th. Problem-loan coverage contributes the most (99/100, 0.5%); capital cushion contributes the least (54/100, 10.43%).
TellerScore · Q2 2026
Scorecard
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.
9 quarters
Health trend
The score has been essentially flat from Q2 2025 to Q2 2026 (83 → 84).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 85 |
| Q3 2024 | 87 |
| Q4 2024 | 84 |
| Q1 2025 | 87 |
| Q2 2025 | 83 |
| Q3 2025 | 85 |
| Q4 2025 | 84 |
| Q1 2026 | 82 |
| Q2 2026 | 84 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 11.31% |
| Q3 2024 | 11.69% |
| Q4 2024 | 11.36% |
| Q1 2025 | 11.72% |
| Q2 2025 | 11.12% |
| Q3 2025 | 11.50% |
| Q4 2025 | 11.07% |
| Q1 2026 | 10.01% |
| Q2 2026 | 10.43% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.04% |
| Q3 2024 | 0.03% |
| Q4 2024 | 0.00% |
| Q1 2025 | 0.00% |
| Q2 2025 | 0.21% |
| Q3 2025 | 0.20% |
| Q4 2025 | 0.03% |
| Q1 2026 | 0.07% |
| Q2 2026 | 0.09% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.61% |
| Q3 2024 | 1.61% |
| Q4 2024 | 1.36% |
| Q1 2025 | 1.57% |
| Q2 2025 | 1.60% |
| Q3 2025 | 1.62% |
| Q4 2025 | 1.47% |
| Q1 2026 | 1.68% |
| Q2 2026 | 1.85% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 84 | $153.0M | 10.43% | 0.09% | 1.85% | 53.8% |
| Q1 2026 | 82 | $151.3M | 10.01% | 0.07% | 1.68% | 53.4% |
| Q4 2025 | 84 | $143.5M | 11.07% | 0.03% | 1.47% | 56.5% |
| Q3 2025 | 85 | $145.4M | 11.50% | 0.20% | 1.62% | 56.2% |
| Q2 2025 | 83 | $145.0M | 11.12% | 0.21% | 1.60% | 52.8% |
| Q1 2025 | 87 | $142.3M | 11.72% | 0.00% | 1.57% | 47.8% |
| Q4 2024 | 84 | $140.3M | 11.36% | 0.00% | 1.36% | 47.9% |
| Q3 2024 | 87 | $140.8M | 11.69% | 0.03% | 1.61% | 46.0% |
| Q2 2024 | 85 | $136.8M | 11.31% | 0.04% | 1.61% | 43.2% |
2,650 peers · $100 million – $1 billion
How it compares with peers
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
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Security State Bank of HibbingBank Hibbing, MN | 64 out of 100, Moderate | $151.9M | 11.6% | 1.54% | vs |
| State Bank of FairmontBank Fairmont, MN | 61 out of 100, Moderate | $154.2M | 10.4% | 2.03% | vs |
| Prime Security BankBank Karlstad, MN | 59 out of 100, Moderate | $154.5M | 8.7% | 0.52% | vs |
| Perennial BankBank Darwin, MN | 63 out of 100, Moderate | $158.1M | 9.5% | 1.36% | vs |
| First Southeast BankBank Harmony, MN | 68 out of 100, Moderate | $158.3M | 8.4% | 0.14% | vs |
| The First State Bank of RosemountBank Rosemount, MN | 27 out of 100, Low | $146.1M | 6.3% | 2.88% | vs |
Deposit insurance
Is my money safe at Lake Region Bank?
Yes. Lake Region Bank is an FDIC-insured institution (FDIC certificate #10965). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 16.6% of deposits ($23.1M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 10.43%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 19.67% (benchmark: 10%).
3 locations
Branches
Lake Region Bank lists 2 offices in 2 cities. Most locations:
- New London, MN (1)
- Willmar, MN (1)
Identity & history
Profile
- Legal name
- Lake Region Bank
- Former names
- Farmers' State Bank of New London
- Type
- State-chartered bank
- FDIC certificate #
- 10965
- RSSD ID
- 164153
- Primary regulator
- FDIC
- Holding company
- Kandi Bancshares Inc
- Established
- January 12, 1915
- Headquarters
- 51 Main St S, New London, MN 56273
- Website
- www.lakeregion.com
- Employees
- 31
Quick answers
Lake Region Bank: common questions
Is Lake Region Bank FDIC insured?
Yes. Lake Region Bank is an FDIC-insured institution (FDIC certificate #10965). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Lake Region Bank's TellerScore?
84 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Lake Region Bank ever failed?
There is no failure record for FDIC certificate #10965 in the FDIC failed bank list.
How many branches does Lake Region Bank have?
3 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near New London
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| St. Martin National BankBank Saint Martin, MN | 100 out of 100, Very strong | $29.4M | 15.5% | 0.00% | vs |
| Home State BankBank Litchfield, MN | 83 out of 100, Strong | $218.9M | 11.8% | 0.08% | vs |
| Kensington BankBank Kensington, MN | 69 out of 100, Moderate | $446.7M | 9.9% | 0.58% | vs |
| Co-Op Credit Union of MontevideoCredit union Montevideo, MN | 69 out of 100, Moderate | $422.8M | 15.8% | 3.18% | vs |
| Farmers and Merchants State Bank of PierzBank Pierz, MN | 69 out of 100, Moderate | $336.2M | 9.3% | 1.03% | vs |
| Magnifi Financial Credit UnionCredit union Melrose, MN | 68 out of 100, Moderate | $2.8B | 11.0% | 0.21% | vs |