The year 2009 was
not a good one for banks in the United States.
From the Pacific Northwest to Florida, banks across the country were
failing at an alarming rate. Despite
that, a group of farsighted (and perhaps contrarian) citizens of southwest
Louisiana successfully pursued and obtained a charter for a new local bank with
a familiar name: Lakeside Bank. Remarkably,
no other charters were granted anywhere in the United States that year, or the
following year, or the following year, or the following year . . .until
How did Lakeside succeed
where so many others failed? In
hindsight, the answer is clear. Lakeside
had all the ingredients of a winning combination: strong financial backing, a
conservative business plan, an experienced management team, and an exceptional
board of directors with records of proven business success.
Our bank opened on
Nelson Road in Lake Charles in a double-wide mobile unit in July of 2010. From those humble beginnings, our rise has
been steady. We moved into our permanent,
new main office in spring 2012, opened our Oak Park office in 2014, our
Westlake branch in 2015, and installed a temporary unit in Sulphur in December,
2017 while beginning construction on our permanent branch building there.
During this time,
Lakeside has been recognized as one of top 300 safest banks in the nation, and
has been listed in the top 200 healthiest banks in the country for three years
running. The Federal Reserve and the
Office of Financial Institutions State of Louisiana have approved Lakeside’s
application to form a holding company.
This will enable the bank to continue its growth as we do what has made
us successful since our very beginning: Taking care of our customers with solid,
dependable local banking.
standardize. Community banks customize.
Lakeside. Local banking the way it