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MINNESOTA LAKES BANK

Delano, MN

Latest Health Report

Latest Update: June 30, 2020

Assets
$156,408,000
Deposits
$115,680,000
Loans
$90,553,000
Loan Loss Provision
$30,000
Profit
$1,132,000
Capital
$10,356,000
Reserves
$607,000
Past Due 90 Days
$220,000
Nonaccrual
$38,000
Other Real Estate Owned
$423,000
Capital Plus Reserves
$10,963,000
Total Troubled Assets
$681,000
Troubled Asset Ratio
6.21

Past reports

This table shows the year-end report on key metrics for each of the past five years.
Year Assets Deposits Loans Profit Capital + Reserves Total Troubled Assets Troubled Asset Ratio
2019 $104,245,000 $89,112,000 $66,650,000 $655,000 $10,082,000 $625,000 6.20
2018 $102,689,000 $85,737,000 $59,928,000 $611,000 $9,749,000 $765,000 7.85