• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD

Summary: Bank of North Dakota Aug 12

  • ID: 2205944
  • August 2012
  • Region: North Dakota
  • Standard & Poors

Abstract
Ownership by the state of North Dakota Excellent capital Strong asset quality North Dakota's strong economy, underpinned by a robust oil industry Concentration in North Dakota Large indirect exposure to agriculture A risk profile subject to shifting political conditions Limited capital flexibility The stable outlook on Bank of North Dakota (BND) reflects Standard & Poor's Ratings Services' expectation that BND will continue to perform well, with excellent asset quality and strong capital. We could lower the ratings if the state's economy weakens, or if the bank's asset quality deteriorates significantly. For example, all else remaining equal, we could lower the ratings if nonperforming assets to customer loans plus other real estate owned assets (NPAs) increases to more than 4%, or...

Companies mentioned in this report are: Bank of North Dakota
Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify READ MORE >

Note: Product cover images may vary from those shown

Bank of North Dakota

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS

Our Clients

Fluidigm Corporation Apple, Inc. CEVA Santé Animale Abbott Laboratories Ltd. Merck Group Allergan Inc. Pfizer, Inc.