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 4th largest bank in the state of North Dakota. It is also the 373rd largest bank in the nation. It was established in 1906 and as of June of 2020, it had grown to 369 employees at 20 locations. Choice Bank (ND) has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #9423
Year Established1906
Employees369
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.76%
Return on Equity - YTD14.94%
Annual Interest Income$57.4MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$2.74B$2.15B
LoansQ2 2020vs Q2 2019$2.35B$1.86B
DepositsQ2 2020vs Q2 2019$2.37B$1.81B
Equity CapitalQ2 2020vs Q2 2019$305.1MM$275.2MM
Loan Loss AllowanceQ2 2020vs Q2 2019$18.8MM$14.4MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$23.4MM$11.6MM
Real Estate OwnedQ2 2020vs Q2 2019$1.3MM$2.0MM
Rates

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Locations

Availability



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