Choice Financial Group

North Dakota – Walsh – Grafton

(NM) Commercial bank, state charter and Fed nonmember

active

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Details

(NM) Commercial bank, state charter and Fed nonmember

active

9423

1906

FDIC Certificate Number: 9423
FDIC's unique number: 6054
The FDIC Field Office where an institution is physically located: Grand Forks

Federal Reserve ID Number: 826956
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 9
Number of Foreign Offices: 0
The date of the last data update: 2006-11-03

1906-01-01 Institution established. Original name: Citizens State Bank Of Petersburg.
1995-01-17 Moved bank headquarters from Petersburg, North Dakota to Grafton, North Dakota.
1995-01-17 Changed name to Citizens State Bank Grafton-petersburg .
2001-11-02 Acquired Walhalla State Bank in Walhalla, North Dakota.
2001-11-02 Changed name to Choice Financial Group .
2001-11-02 Acquired First Capital Bank Of North Dakota in West Fargo, North Dakota.
2001-11-02 Acquired First State Bank Langdon in Langdon, North Dakota.

Total assets: $567,887,000
Total deposits: $480,315,000
Deposits held in domestic offices: $480,315,000
Equity capital: $55,200,000

Net income: $3,784,000

Return on Assets: 1.31
Return on Equity: 14.34
Last updated on: 2011-10-20

Bank Holding Company: Choice Financial Holdings, Inc.

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Profile ID: LFUS-BAB-P-1873

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