Choice Bank (ND)


Overview / Commentary
701-356-9700
4501 23rd Avenue South
Fargo, ND 58104

Choice Bank (ND) is headquartered in Fargo and is the 3rd largest bank in the state of North Dakota. It is also the 356th largest bank in the nation. It was established in 1906 and as of June of 2021, it had grown to 403 employees at 20 locations. Choice Bank (ND) has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #9423
Year Established1906
Employees403
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.59%
Return on Equity - YTD14.34%
Annual Interest Income$58.1MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$3.20B$2.74B
LoansQ2 2021vs Q2 2020$2.24B$2.35B
DepositsQ2 2021vs Q2 2020$2.79B$2.37B
Equity CapitalQ2 2021vs Q2 2020$342.8MM$305.1MM
Loan Loss AllowanceQ2 2021vs Q2 2020$21.8MM$18.8MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$10.7MM$23.4MM
Real Estate OwnedQ2 2021vs Q2 2020$1.7MM$1.3MM
Rates

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Locations

Availability



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