KodaBank
Drayton, North Dakota, Pembina County
$560M in total assets, the 1,675th largest of 4,309 US banks and 20th of 60 headquartered in North Dakota.
- FDIC certificate
- 8386
- Established
- 1916
- Owned by
- Koda Bancor Inc
- Primary regulator
- FDIC
- Website
- www.kodabank.com
At a glance
Compared with 33 banks headquartered in North Dakota with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $560M | 82% | $257M | |
| Loans | $431M | 85% | $153M | |
| Deposits | $483M | 82% | $227M | |
| Return on assets | 1.58% | 61% | 1.46% | |
| Net interest margin | 3.82% | 48% | 3.84% | |
| Efficiency ratio | 53.6% | 46% | 55.6% | |
| Equity to assets | 10.21% | 61% | 9.67% | |
| Loans to deposits | 89% | 76% | 77% |
Growth
Total assets grew 8.4% a year over the last 5 years and 14.4% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Feb 2021 | Bank of Hamilton Hamilton, ND, an affiliate under the same holding company | $23M |
| Feb 2020 | Citizens State Bank - Midwest Cavalier, ND, an affiliate under the same holding company | $131M |
| Feb 2010 | Bank of Minto Minto, ND | $25M |
Where they operate
12 branches in 7 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Pembina County, ND | $261M | 50.5% | 1 of 4 |
| Cass County, ND | $64M | 0.6% | 19 of 28 |
| Grand Forks County, ND | $39M | 1.4% | 14 of 15 |
| Walsh County, ND | $37M | 5.7% | 5 of 6 |
| Marshall County, MN | $35M | 8.4% | 7 of 8 |
| Beltrami County, MN | $30M | 1.5% | 8 of 10 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 8 branches since 2016 (4 to 12, +200.0%). 2 opened, 6 acquired, 0 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 4 | |||
| 2020 | Acquired Citizens State Bank - Midwest | 5 | 0 | +5 | 9 |
| 2021 | Acquired Bank of HamiltonOpened Grand Forks | 2 | 0 | +2 | 11 |
| 2023 | Opened Fargo | 1 | 0 | +1 | 12 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Farmland | 20% | 23% | |
| Commercial real estate | 16% | 13% | |
| 1-4 family residential | 15% | 10% | |
| Agricultural | 15% | 31% | |
| Business (C&I) | 15% | 12% | |
| Multifamily | 12% | 2% | |
| Consumer | 4% | 4% | |
| Construction and land | 2% | 2% | |
| Other | 1% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Time deposits | 47% | 34% | |
| Other interest-bearing | 35% | 45% | |
| Noninterest-bearing | 18% | 21% |
Brokered deposits are 4.1% of deposits (peers 3.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.30% | 0.47% |
| Net charge-offs, annualized | -0.00% | 0.00% |
| Reserves to loans | 1.15% | 1.18% |
| Leverage ratio | 10.28% | 10.50% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in North Dakota
Largest competitors in Pembina County, ND
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/kodabank