Lake Ridge Bank
Lake Ridge Bank reported total assets of $3.4 bn at Q2 2026, up 7.9% on a year earlier, the 376th largest of 497 banks in our US coverage. The CET1 capital ratio at Lake Ridge Bank was 11.97%, and the uninsured share of Lake Ridge Bank was 29.38%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, Lake Ridge Bank climbed from 226th to 125th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Since , Lake Ridge Bank has taken over 2 institutions; the latest was Monona Bank on (FDIC Call Reports).
What sets Lake Ridge Bank apart
How large is Lake Ridge Bank?
The balance sheet of Lake Ridge Bank at : assets $3.4 bn, deposits $2.8 bn, net loans $2.4 bn (loans equal to 87.04% of deposits). Securities make up 14.4% of total assets at Lake Ridge Bank. Since , when Lake Ridge Bank held $809.0 mn, its assets grew 314.5%. In the year to , deposits at Lake Ridge Bank rose 9.0% while its total assets rose 7.9%. At , Lake Ridge Bank employed 375 full-time equivalent staff across 20 offices, about $8.9 mn of assets per employee and $139.4 mn of deposits per office.
How much funding at Lake Ridge Bank is uninsured?
At Lake Ridge Bank, uninsured deposits (above the FDIC limit) made up 29.38% of domestic deposits at (-0.68 pp on a year earlier); Lake Ridge Bank ranks 324th of 500 on this measure. In dollars, Lake Ridge Bank estimated $819.1 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $2.8 bn | +9.0% | 382nd of 499 |
| Net loans and leases | $2.4 bn | +2.2% | 378th of 500 |
| Loan-to-deposit ratio | 87.04% | -5.80 pp | 251st of 500 |
| Tier 1 leverage ratio | 9.95% | +0.15 pp | 307th of 500 |
| Total risk-based capital ratio | 13.02% | +0.71 pp | 356th of 448 |
| Net interest margin | 3.43% | +0.33 pp | 313th of 500 |
| Return on assets (ROA) | 1.05% | +0.20 pp | 367th of 500 |
| Efficiency ratio | 60.75% | -4.32 pp | 342nd of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Gain of $22,000 | Turned from a loss into a gain | |
| Unrealized gain/loss on available-for-sale securities | Loss of $22.3 mn | Narrowed by $5.9 mn | |
| Noncurrent loans to total loans | 0.34% | -0.14 pp | 125th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.01% | +0.00 pp | 92nd of 500 (1 = lowest) |
US rank of Lake Ridge Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Lake Ridge Bank: assets, deposits and loans
- Total assets $3.4bn
- Deposits $2.8bn
- Net loans $2.4bn
Capital and securities
The CET1 ratio of Lake Ridge Bank stood at 11.97% in , +0.66 pp year on year. Low and high at Lake Ridge Bank since : 9.98% () to 14.68% (). Equity capital of Lake Ridge Bank at : $350.7 mn, or 10.5% of total assets. Lake Ridge Bank also reported a total capital ratio of 13.02% for , and a tier 1 leverage ratio of 9.95%.
On held-to-maturity securities, Lake Ridge Bank carried an unrealized gain of $22,000 at , equal to 0.0% of equity capital. The gain turned from a loss into a gain over the year. Its deepest point: $386,000 in . The available-for-sale portfolio of Lake Ridge Bank showed an unrealized loss of $22.3 mn at ; the loss narrowed by $5.9 mn over the year.
Lake Ridge Bank: capital ratios
- Total capital 13%
- CET1 12%
- Tier 1 leverage 10.0%
Lake Ridge Bank: unrealized securities gains and losses
- Available for sale -$22mn
- Held to maturity $22,000
Profitability and loan quality
For the year to , Lake Ridge Bank earned a return on equity of 10.11%; return on assets: 1.05%. Net interest margin at Lake Ridge Bank: 3.43%, +0.33 pp in a year. Lake Ridge Bank net income: $17.4 mn, up 31.0% year on year. The efficiency ratio of Lake Ridge Bank was 60.75%: about 61 cents cost per revenue dollar, against 53 cents at the median peer.
At , noncurrent loans were 0.34% of total loans at Lake Ridge Bank; net charge-offs: 0.01% of average loans. Gross loans and leases at Lake Ridge Bank: $2.5 bn, up 2.1% in a year.
Lake Ridge Bank: profitability
- Return on equity 10%
- Net interest margin 3.4%
- Return on assets 1.0%
Peer group of Lake Ridge Bank
The peer group of Lake Ridge Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of Lake Ridge Bank (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Wisconsin. Against them, Lake Ridge Bank shows CET1 ratio 11.97% against a peer median of 13.09%, return on equity 10.11% against a peer median of 13.83% and uninsured deposit share 29.38% against a peer median of 29.69%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| First Dakota National Bank | National bank | SD | $3.4 bn | not reported | 17.36% | 32.75% | |
| Northern Bank & Trust Company | State nonmember bank | MA | $3.4 bn | 15.30% | 13.22% | 33.00% | |
| Banterra Bank | State nonmember bank | IL | $3.4 bn | 9.85% | 13.79% | 19.06% | |
| Lake Ridge Bank | State nonmember bank | WI | $3.4 bn | 11.97% | 10.11% | 29.38% | |
| Libertyville Bank & Trust Company | National bank | IL | $3.3 bn | 10.88% | 16.75% | 28.67% | |
| Austin Bank, Texas | National bank | TX | $3.3 bn | not reported | 13.87% | 26.04% | |
| TruNorth Bank | State member bank | MA | $3.3 bn | 15.98% | 7.15% | 30.70% | |
. FDIC Call Reports.
Last eight quarters
Two years at Lake Ridge Bank, to : assets +10.5%, deposits +12.1%, equity +12.0%. Staff 359 to 375; offices 19 to 20.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.0 bn | $3.1 bn | $3.1 bn | $3.1 bn | $3.2 bn | $3.3 bn | $3.3 bn | $3.4 bn |
| Total deposits | $2.5 bn | $2.6 bn | $2.6 bn | $2.6 bn | $2.6 bn | $2.7 bn | $2.8 bn | $2.8 bn |
| Bank equity capital | $313.0 mn | $309.8 mn | $315.7 mn | $322.8 mn | $332.6 mn | $339.4 mn | $340.8 mn | $350.7 mn |
| CET1 ratio | 10.68% | 10.91% | 11.14% | 11.31% | 11.51% | 11.64% | 11.52% | 11.97% |
| Return on equity (ROE) | 5.20% | 5.76% | 7.56% | 8.39% | 8.98% | 9.54% | 9.24% | 10.11% |
| Uninsured share of domestic deposits | 30.86% | 31.81% | 30.25% | 30.06% | 31.34% | 30.88% | 29.37% | 29.38% |
| Full-time equivalent employees | 359 | 359 | 362 | 366 | 369 | 372 | 372 | 375 |
| Number of offices | 19 | 19 | 19 | 19 | 19 | 20 | 20 | 20 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Lake Ridge Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed Union Bank & Trust Company (FDIC certificate 15177).
- . Absorbed Monona Bank (FDIC certificate 33458).
Large one-quarter moves at Lake Ridge Bank
- Total assets at Lake Ridge Bank changed by +30.8% in the quarter to 2019-06-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Union Bank & Trust Company.
- Total assets at Lake Ridge Bank changed by +73.9% in the quarter to 2023-03-31: Affiliated Institution Merger (Pooling) (i.e. Corporate Reorganization; Participated in Absorbtion/Consolidation/Merger: acquired from Monona Bank.
Questions and identifiers
What were the total assets of Lake Ridge Bank?
Lake Ridge Bank reported $3.4 bn at in its Call Report. That makes Lake Ridge Bank the 376th largest of 497 banks in our US coverage.
Is Lake Ridge Bank the same as its holding company?
No. This page covers Lake Ridge Bank, FDIC certificate 15091; LAKE RIDGE BCORP INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Lake Ridge Bank profitable?
Lake Ridge Bank reported net income of $17.4 mn for the year to ; annualized return on equity: 10.11%. So yes: Lake Ridge Bank made a profit over these months.
When is data for Lake Ridge Bank next updated?
Figures from Lake Ridge Bank for are due after .
Where can I check the figures for Lake Ridge Bank?
In the FDIC BankFind Suite record for certificate 15091, and in the Call Reports of Lake Ridge Bank (RSSD ID 525549) at the FFIEC Central Data Repository.