Message from the Chairman

Dear Shareholders, Customers & Friends,

Lakeside Bank was founded half a century ago. Which makes this our “Golden Anniversary” and an appropriate time to reflect on who we are, what we’ve done … and what we plan to do.

For five decades Lakeside has grown dramatically, offering products and services that were often industry firsts. Plus, we’ve always been one of the most efficient and productive banks in the country. Not just in the city, in the country!

We’ve grown by emphasizing our local roots. Neighborhood-by-neighborhood, Lakeside investments support the communities in which we’re based, helping developers, businesses and individuals establish themselves and thrive. We understand the diverse demands of middle-market banking and craft individual solutions to meet the needs of our clients. All our deposits are reinvested into Chicago.

2015 continued our growth and prosperity. Our net earnings of $ 26.9 Million represents a 2.15% return on average assets and a 17.03% return on equity, another year we can be proud of. We ended 2015 with approximately $1.3 billion in total assets, including $1.07 billion in total loans. Our stockholders’ equity grew from $158.0 to $166.3 million and our capital ratios continue to be substantially above the regulatory “well capitalized” levels with risk-based capital at 16.38% and leverage capital at 13.51%. Our solid foundation continues and provides a unique platform for growth.

On this occasion of our 50th birthday, I’d like to point out an important fact that makes us different: Lakeside personnel stay with the bank. They believe in our vision: Help your clients. Innovate. Tailor individual solutions. Move smart and move fast. Be there for the long haul. Surviving the test of time!

Having personnel with responsibility, flexibility and the authority to make good things happen means happy, satisfied clients. So clients then stay with Lakeside for years, decades … even generations … and become friends. It’s true; banking is indeed about relationships. And no one does personal banking better than Lakeside Bank.

2016 will be an exciting year for Lakeside Bank. We’re opening a new branch in Elmhurst, our first outside Chicago. Elmhurst is a core community of over 45,000, with more than 2,400 businesses. We’re excited about our branch potential!

I’m also pleased to announce a new marketing campaign will launch spring 2016. It will include a strong and diverse media presence and a new website. All communication will carry the theme, “It’s about time.™”. The marketing is the beginning of a significant investment in additional Lakeside growth opportunities.

On behalf of the Board of Directors, our Executive Committee and our entire Lakeside Bank team, thank you for your continued support. Or, if you’re not yet a member of the extended Lakeside family, I hope this letter encourages you to join us, soon.

Philip D. Cacciatore

Chairman of the Board and Chief Executive Officer

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