Choice Financial Group
Fargo, ND
IDRSSD: 826956
Total Assets
$5.75B
Latest filing
Total Deposits
$5.02B
Latest filing
Net Interest Margin
3.18%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Choice Financial Group
4501 23rd Ave S
Fargo, ND 58104
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1906FDIC Certificate 6054
Branches (17)
Page 1 of 3| Name | Address | City / State |
|---|---|---|
| Choice Financial Group (Main) | 4501 23rd Ave S | Fargo, ND |
| FIRST CAPITAL BANK OF NORTH DAKOTA BRANCH | 210 Sheyenne St | West Fargo, ND |
| FIRST STATE BANK LANGDON BRANCH | 210 8th Ave | Langdon, ND |
| PRAIRIE HILLS MALL BRANCH | 323 18th St W | Dickinson, ND |
| GREAT PLAINS NATIONAL BANK BRANCH | 227 Main St N | Belfield, ND |
| ELLENDALE BRANCH | 83 Main St | Ellendale, ND |
| VENTURE BANK BRANCH | 4470 W 78th Street Cir | Bloomington, MN |
| GRAND FORKS BRANCH | 1697 S 42nd St | Grand Forks, ND |
Showing 7 of 17
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1906 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 58104 |
| State and County Number | 38017 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Fargo, ND-MN |
Operational Info
| Number of Employees | 432 |
| Domestic Offices | 18 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/30/2024 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | HTTP://WWW.BANKWITHCHOICE.COM |
| Data Updated | 11/14/2025 |
| CERT | 9423 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $5.75B |
| Total Deposits | $5.02B |
| Total Liabilities | $5.09B |
| Total Equity Capital | $659.15M |
| Net Income | $17.39M |
| Net Loans and Leases | $3.15B |
| Assets Per Employee ($Millions) | $13.37M |
| Bank Premises and Fixed Assets | $24.29M |
| Cash and Balances due from Depository Institutions | $338.27M |
| Deposits Held in Domestic Offices | $5.02B |
Key Performance Ratios
| Return on Assets (ROA) | 1.21% |
| Return on Equity (ROE) | 10.73% |
| Net Interest Margin | 3.18% |
| Efficiency Ratio | 57.37% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | -0.04% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 11.468% |
| Earning Assets to total Assets | 94.09% |
Income and Expense
| Total Interest Income | $80.25M |
| Total Noninterest Income | $12.47M |
| Total Interest Expense | $37.21M |
| Total Noninterest Expense | $32.11M |
| Net Interest Income | $43.04M |
| Pre-tax Net Operating Income | $23.95M |
| Provision for Credit Losses | $-539,000 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $1.97M |
| Other borrowed funds | $15.03M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $10.45M |
| All Other Liabilities | $47.48M |
| Total Liabilities and Capital | $5.75B |
Securities
| Securities | $1.96B |
| Available-for-sale debt securities | $1.96B |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $75.00k |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Choice Financial Group?
$5.75B as of the latest filing.
How much are Choice Financial Group's total deposits?
$5.02B in total deposits.
Where is Choice Financial Group located?
Fargo, ND.
What is the Net Interest Margin?
3.18%.
How many domestic offices does it operate?
18.
When was it established?
01/01/1906.
What is the Return on Assets (ROA)?
1.21%.
How much are total loans and leases?
$3.15B (latest filing).
What is the total interest income (latest filing)?
$80.25M.