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 378th largest bank in the nation. It was established in 1906 and as of December of 2019, it had grown to 365 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
Employees365
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.61%
Return on Equity - YTD12.86%
Annual Interest Income$116.4MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$2.38B$2.14B
LoansQ4 2019vs Q4 2018$1.96B$1.78B
DepositsQ4 2019vs Q4 2018$2.03B$1.86B
Equity CapitalQ4 2019vs Q4 2018$288.9MM$266.7MM
Loan Loss AllowanceQ4 2019vs Q4 2018$16.8MM$11.9MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$15.7MM$12.1MM
Real Estate OwnedQ4 2019vs Q4 2018$1.4MM$1.0MM
Rates

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Locations

Availability



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