LAKE ELMO BANCSHARES INC is the parent banking group. LAKE ELMO BANK is the primary bank charter regulated by the FDIC. CRA exams are conducted at the charter level, not the group level.

Bank Holding Company

LAKE ELMO BANCSHARES INC

Legal name: LAKE ELMO BANCSHARES, INC.

1 active bank · $531M combined assets

RSSD ID: 2360043 (FFIEC NIC)

Combined Assets

$531M

CRA Rating Summary

Satisfactory1charter

Across all 13 exams on record for this banking group's charters, 100% resulted in Outstanding or Satisfactory.

Primary bankLAKE ELMO BANKLAKE ELMO, MNSatisfactory$531MView profile →

At a Glance

Dominant CRA Rating

Satisfactory

1 of 1 bank · Meets expectations for community lending

Combined Assets

$531M

1 active bank

Financial Summary

FDIC Call Reports

Aggregated from the most recent call report filings for all active charters.

Total Deposits

$462M

Net Income

$2M

ROA (avg)

1.72%

asset-weighted avg

Mortgage Lending (HMDA)

CFPB · 2024Lender rankings →

Aggregated HMDA data across all active charters for 2024.

Applications

124

Origination Rate

87.9%

Denial Rate

6.45%

Active Bank Charters1

Each charter is examined independently for CRA compliance.

Charter	Location	Regulator	Assets	Ownership	Current Rating	Exam Date
LAKE ELMO BANK	LAKE ELMO, MN	FDIC	$531M	100.0%	Satisfactory	Aug 2025

CRA (Community Reinvestment Act) exams are conducted per charter, not per banking group. Asset figures are from the most recent FDIC call report.