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Profitability · North Dakota

US Banks with Highest Return on Equity (ROE) in North Dakota

Ranked among banks headquartered in North Dakota. Re-ranked 1-49 within the state from the same national ranking population.

#1 Return on Equity (ROE): BANK OF TIOGA, THE — 194.71% . Return on Equity (ROE) is the rate of return banks earn on common shareholders' equity — the standard equity-investor measure of bank profitability.

Ranked: 49 banks with reported data Showing: Top 49 Source: FFIEC call reports (Q1 2026) What is this metric? See the US Banks with … glossary entry Go deeper: ROA vs. ROE for Banks: Profitability Ratios Explained
# Bank HQ US Banks with … Total Assets
1 Bank of Tioga, the Tioga , ND 194.71% $413.0M
2 First State Bank of Golva Golva , ND 35.48% $120.9M
3 American State Bank & Trust Company of Williston Williston , ND 26.61% $660.5M
4 Dakota Heritage Bank Hunter , ND 23.33% $418.3M
5 Dakota Community Bank & Trust, N.A. Hebron , ND 22.29% $1.39B
6 First State Bank Buxton , ND 21.84% $413.4M
7 Dakota Western Bank Bowman , ND 20.44% $412.0M
8 Liberty State Bank Powers Lake , ND 20.41% $163.7M
9 Union Bank, the Beulah , ND 19.54% $325.4M
10 Kirkwood Bank and Trust Company Bismarck , ND 18.47% $361.7M
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11 Mcintosh County Bank Ashley , ND 18.07% $121.2M
12 Stock Growers Bank Forman , ND 17.46% $334.8M
13 Alerus Financial, N.A. Grand Forks , ND 16.77% $5.28B
14 Bank Forward Fargo , ND 16.49% $1.18B
15 Western State Bank Devils Lake , ND 16.16% $2.59B
16 Peoples State Bank of Velva Velva , ND 16.11% $206.1M
17 Cornerstone Bank Fargo , ND 15.72% $1.75B
18 Banknorth Arthur , ND 15.52% $669.2M
19 Kodabank Drayton , ND 15.51% $567.3M
20 Turtle Mountain State Bank Belcourt , ND 15.48% $111.4M
21 First International Bank and Trust Watford City , ND 15.10% $6.05B
22 Union State Bank of Hazen Hazen , ND 14.79% $251.8M
23 Security First Bank of North Dakota New Salem , ND 14.44% $296.6M
24 Merchants Bank Rugby , ND 13.98% $257.6M
25 Commercial Bank of Mott Mott , ND 13.92% $145.7M
26 Lincoln State Bank Hankinson , ND 13.89% $125.4M
27 State Bank & Trust of Kenmare Kenmare , ND 13.85% $197.7M
28 State Bank of Bottineau Bottineau , ND 13.82% $116.9M
29 Strasburg State Bank Strasburg , ND 13.58% $109.0M
30 Starion Bank Bismarck , ND 13.30% $2.14B
31 Unison Bank Jamestown , ND 13.21% $596.1M
32 Trucommunity Bank Garrison , ND 13.11% $321.0M
33 First United Bank Park River , ND 13.09% $739.6M
34 Border Bank Fargo , ND 12.82% $1.06B
35 First State Bank of Harvey Harvey , ND 12.51% $100.4M
36 Bravera Bank Dickinson , ND 12.12% $3.88B
37 First State Bank & Trust Williston , ND 11.57% $539.7M
38 Choice Financial Group Fargo , ND 11.26% $6.13B
39 American Federal Bank Fargo , ND 10.20% $764.4M
40 First National Bank and Trust Company of Bottineau Bottineau , ND 10.16% $179.8M
41 Farmers and Merchants State Bank Langdon , ND 10.09% $140.1M
42 Bell Bank Fargo , ND 9.77% $14.82B
43 Goose River Bank, the Mayville , ND 9.10% $179.2M
44 Gate City Bank Fargo , ND 9.05% $4.03B
45 Horizon Financial Bank Munich , ND 8.68% $202.2M
46 First Western Bank and Trust Minot , ND 8.59% $2.32B
47 United Valley Bank Cavalier , ND 8.01% $723.0M
48 Farmers & Merchants Bank of North Dakota Tolna , ND 6.13% $124.0M
49 Visionbank Fargo , ND 2.40% $302.6M

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All data sourced from the most recent FFIEC call report filings, refreshed each quarter as new filings are processed. This leaderboard excludes banks with total assets under $100,000K to filter out anomalous micro-bank ratios. See /data-updates/ for the current data freshness window.

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