BISMARCK, N.D. (AP) - The Bank of North Dakota has set a profit record for the 10th straight year.
The nation's only state-owned bank made $94.2 million in profits last year. That's up from $81.5 million in 2012.
Bank profits have increased by $60 million since 2004.
The bank's annual report says assets at the Bismarck-based institution have grown to $6.8 billion.
Gov. Jack Dalrymple, Attorney General Wayne Stenehjem and Doug Goehring, the state agriculture commissioner, make up the Industrial Commission. It is the board of directors for the bank.