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Choice Financial Group
Fargo, ND · FDIC Certificate #9423 · Chartered 01/0
Total assets
$6.38B
Total deposits
$5.13B
Total equity
$718.68M
Net loans
$3.18B
Branches (offices)
18
Net income (YTD)
$40.01M
Rank: #239 of 4,213 U.S. banks by assets · #2 of 60 in North Dakota. Assets changed 10.8% and deposits 4.5% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.30% |
| Return on equity | 11.42% |
| Net interest margin (YTD) | 3.28% |
| Equity to assets | 11.26% |
| Tier 1 leverage ratio | 10.84% |
| Uninsured deposits (share of deposits) | 26.5% |
| Noncurrent loans (share of loans) | 0.68% |
| Net charge-offs (share of loans) | 0.31% |
| Loans to deposits | 62.0% |
| Real estate loans (share of loans) | 70.6% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $2.25B | 70.6% | |
| Commercial & industrial | $484.97M | 15.3% | |
| Consumer / individual | $20.59M | 0.6% | |
| Construction & development | $195.98M | 6.2% | |
| Agricultural | $394.89M | 12.4% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $3.10B | $2.68B | $29.20M | $365.50M |
| Jun 2023 | $5.05B | $4.55B | $35.16M | $481.75M |
| Jun 2024 | $4.94B | $4.37B | $31.46M | $534.80M |
| Jun 2025 | $5.76B | $4.91B | $34.62M | $637.40M |
| Jun 2026 | $6.38B | $5.13B | $40.01M | $718.68M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $2.99B | 5 |
| North Dakota | $2.13B | 13 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $5.13B.
Similar-sized banks
United Fidelity Bank, FSB ($6.49B) · Northbrook Bank And Trust Company, National Association ($6.37B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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