Bank of N.D. posts $94M profit for 10th straight record year
BISMARCK – The Bank of North Dakota posted its 10th consecutive year of record profits in 2013 and will likely surpass $100 million in earnings this year, bank President Eric Hardmeyer said Monday.
The state-owned bank reported $94.2 million in earnings last year. That’s roughly a 15 percent increase over earnings of $81.6 million in 2012 and a $60 million increase over the bank’s profits in 2004.
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