Category: Annual Report

Read 2022 Annual Report now BISMARCK, N.D. – The state-owned Bank of North Dakota (BND) reported total record assets of $10.2 billion at year-end 2022. The growth enabled the Bank to increase its loan portfolio to a record $5.4 billion in loans to the state’s farmers and ranchers, business owners and students in North Dakota. Read More

BISMARCK – The state-owned Bank of North Dakota (BND) reported a profit of $144.2 million in 2021, a slight increase from $141.2 million in 2020 with a return on investment of 15%, according to information presented to the Industrial Commission (Commission) in BND’s annual report today. The report’s theme, “Evolving,” focuses on how the Bank Read More

BISMARCK – The state-owned Bank of North Dakota (BND) reported a profit of $141.2 million in 2020, down from $169 million in 2019 with a return on investment of 15%, according to information presented to the Industrial Commission (Commission) in BND’s annual report today. The report’s theme, “Responding with Confidence,” focuses on the important role Read More

BISMARCK – The state-owned Bank of North Dakota (BND) recorded its 16th consecutive year of record profits in 2019, with $169 million in net earnings, the Bank reported today in its annual report to the state Industrial Commission (Commission). The report’s theme, “From Surviving to Thriving,” focuses on the events and accomplishments of the Bank’s Read More

BISMARCK – The state-owned Bank of North Dakota (BND) recorded its 15th consecutive year of record profits in 2018, with $159 million in net earnings, the Bank reported today in its annual report to the state Industrial Commission. Total assets remained stable at $7 billion. BND ended the year with capital of $861 million, an Read More

BISMARCK – The state-owned Bank of North Dakota recorded its 14th consecutive year of record profits in 2017, with $145.3 million in net earnings, the Bank reported today in its annual report to the state Industrial Commission. Total assets decreased slightly from $7.3 billion in 2016 to $7.0 billion. BND ended the year with capital Read More