Choice Bank (ND) is headquartered in FARGO and is the 2nd largest bank in the state of North Dakota. It is also the 258th largest bank in the nation. It was established in 1906 and as of March of 2025, it had grown to 431 employees at 18 locations. Choice Bank (ND) has an A+ health rating.
Overall | |
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FDIC Certificate # | 9423 |
Year Established | 1906 |
Employees | 431 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.23% |
Return on Equity - YTD | 11.2% |
Annual Interest Income | $75.4MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $5.63B$4.8B |
Loans | Q1 2025vs Q1 2024 | $3.1B$3.05B |
Deposits | Q1 2025vs Q1 2024 | $4.96B$4.24B |
Equity Capital | Q1 2025vs Q1 2024 | $619.4MM$523.1MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $39.4MM$39.2MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $10.7MM$21.1MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $2MM$0 |
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