BankNorth is headquartered in ARTHUR and is the 19th largest bank in the state of North Dakota. It is also the 1,717th largest bank in the nation. It was established in 1905 and as of March of 2023, it had grown to 79 employees at 10 locations. BankNorth's money market rates are 3X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 8387 |
Year Established | 1905 |
Employees | 79 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 2.27% |
Return on Equity - YTD | 20.18% |
Annual Interest Income | $6.9MM |
Assets and Liabilities | ||
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Assets | Q1 2023vs Q1 2022 | $514.9MM$517.3MM |
Loans | Q1 2023vs Q1 2022 | $409.7MM$355.2MM |
Deposits | Q1 2023vs Q1 2022 | $452.8MM$461.9MM |
Equity Capital | Q1 2023vs Q1 2022 | $58.9MM$52.9MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $5.0MM$4.2MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $286.00K$87.00K |
Real Estate Owned | Q1 2023vs Q1 2022 | $0$210.00K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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1.51% | $25 | - | IRA Savings Account | |
0.25% | $25 | - | Regular Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.51%* | $100k* | - | Money Market Account | ||
OTHER TIERS: 0.75% → $2.5k - $25k | 1.26% → $25k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.25%* | $25k* | - | NOW Account | ||
OTHER TIERS: 0.20% → $500 - $25k |
Aberdeen Branches | ||
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Aberdeen Ken's Branch | 2201 6th Ave. Se | Aberdeen, SD 57401 |
Arthur Branches | ||
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First State Bank Of North Dakota | 340 Main St | Arthur, ND 58006 |
Buffalo Branches | ||
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Buffalo Branch | Main Street | Buffalo, ND 58011 |
Casselton Branches | ||
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Casselton Branch | 41 Langer Avenue South | Casselton, ND 58012 |
Enderlin Branches | ||
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Enderlin Branch | 324 Railway St | Enderlin, ND 58027 |
Lamoure Branches | ||
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Lamoure Branch | 100 1st Avenue Sw | Lamoure, ND 58458 |
Lisbon Branches | ||
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Lisbon Branch | 1002 Main Street | Lisbon, ND 58054 |
Marion Branches | ||
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Marion Branch | 204 4th Main Avenue | Marion, ND 58466 |
Oakes Branches | ||
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Oakes Branch | 620 Main Avenue | Oakes, ND 58474 |
Warner Branches | ||
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First State Bank Of Warner Branch | 1 Main Street | Warner, SD 57479 |