Bank of North Dakota Posts Record Profits

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For the 12th year in a row, the Bank of North Dakota posted record profits.

In 2015, the bank made more than $130 million in in-net earnings, according to the bank's 2015 annual report.

The report says the bank's lending portfolio grew by nearly a half-billion dollars. It grew in all possible areas: agriculture, business, residential and student loans.

The only state-run bank in the country provided North Dakota a nearly 20 percent return on the state's investment.

If you would like to see the full report, you can read the report attached to this article.