Lake Central Bank
Headquarters: Annandale, Minnesota
Overview
Lake Central Bank is an FDIC-insured bank headquartered in Annandale, Minnesota. It reported $282.48M in assets and $250.11M in deposits for the period ending March 31, 2026. Bankular currently lists 3 branch locations.
What Bankular checked
These dates identify the official records and review steps supporting this profile.
Quarterly change
What changed since the previous report
December 31, 2025 to March 31, 2026
These comparisons use consecutive official regulatory reporting periods. A change is descriptive and is not a recommendation or safety rating.
Financial indicators
Capital, profitability and credit quality
These are the latest reported capital, profitability and credit-quality measures available for this institution. Read the figures together rather than as a single safety rating.
Locations
Find a branch of Lake Central Bank
Clearwater Branch
700 State Highway 24 North, Clearwater, Minnesota, 55320
Full-service branch · Opened December 4, 1978
Main Office
40 Chestnut St W, Annandale, Minnesota, 55302
Full-service branch · Opened August 15, 1893
State Bank of Danvers
2010 Minnesota Ave, Benson, Minnesota, 56215
Full-service branch · Opened June 30, 2024
Financial overview
Latest reported figures
Through March 31, 2026
Financial trends
How the balance sheet has changed
Compare recent quarters to see the direction of assets, deposits and loans.
| Quarter | Assets | Deposits | Net loans | ROA |
|---|---|---|---|---|
| March 31, 2026 | $282.48M | $250.11M | $184.05M | 2.39% |
| December 31, 2025 | $287.08M | $246.30M | $188.26M | 1.91% |
| September 30, 2025 | $287.52M | $242.18M | $177.21M | 1.84% |
| June 30, 2025 | $279.65M | $237.75M | $169.39M | 1.70% |
| March 31, 2025 | $270.36M | $242.06M | $160.22M | 1.57% |
| December 31, 2024 | $276.96M | $245.29M | $161.28M | 1.53% |
| September 30, 2024 | $278.44M | $243.04M | $157.74M | 1.48% |
| June 30, 2024 | $272.17M | $238.39M | $151.86M | 1.39% |
Size and reach
How this institution compares
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More on Lake Central Bank
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Branch locations
3 listed locations.
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Explore →State banking market
Explore institutions and deposit-market context in Minnesota.
Explore →Annandale banking market
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Explore →Rankings and research
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Explore →Sources and methodology
Review the official sources and reporting periods.
Explore →Frequently asked questions
Is Lake Central Bank federally insured?
Yes. Bankular identifies this institution in FDIC records under certificate 10989.
Where is Lake Central Bank headquartered?
Lake Central Bank is headquartered in Annandale, Minnesota, at 40 Chestnut St W, Annandale, Minnesota, 55302.
How large is Lake Central Bank?
It reported $282.48M in assets and $250.11M in deposits for the period ending March 31, 2026.
How many locations does Lake Central Bank have?
Bankular currently lists 3 branch locations for this institution.
Data sources and methodology
Bankular combines official regulatory records with institution-published product information. The detailed sources are available below for readers who want to verify a figure.