Title : Bank Of North Dakota -- Record Profits -- Again -- May 3, 2017
link : Bank Of North Dakota -- Record Profits -- Again -- May 3, 2017
Bank Of North Dakota -- Record Profits -- Again -- May 3, 2017
Link here. Data points:- for 2016, profits: $136.2 million
- for 2015, profits: $130.7 million
- third consecutive year with more than $100 million in profits
- 2017 estimate: $140 - $145 million in profits
- thirteen years of record profits
- the state could ask for some of those profits to be used for budget shortfall; first time since 2007 that profits would be utilized in that manner
- bank's loan portfolio: largest ever -- nearly $5 billion in 2016, an increase of almost $450 million since 2015
- increases in loans for business, agricultural, student and residential loans
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