Bank of North Dakota reports record profits and loan growth

In its 2014 Annual Report, Bank of North Dakota (BND) reported its 11th consecutive year of record profits, with $111 million in net earnings. Total assets increased from $6.8 billion in 2013 to $7.2 billion in 2014. BND ended the year with capital of $652 million. The state’s return on its investment at the Bank was 18.3 percent