Choice Bank (ND) is headquartered in Fargo and is the 5th largest bank in the state of North Dakota. It is also the 369th largest bank in the nation. It was established in 1906 and as of December of 2021, it had grown to 402 employees at 20 locations. Choice Bank (ND) has an A+ health rating.
Overall | |
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FDIC Certificate # | 9423 |
Year Established | 1906 |
Employees | 402 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.59% |
Return on Equity - YTD | 14.11% |
Annual Interest Income | $118.3MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $3.17B$2.83B |
Loans | Q4 2021vs Q4 2020 | $2.34B$2.29B |
Deposits | Q4 2021vs Q4 2020 | $2.74B$2.44B |
Equity Capital | Q4 2021vs Q4 2020 | $362.2MM$325.7MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $23.8MM$20.2MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $5.6MM$7.4MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $559.00K$1.7MM |
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