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Jack-Alberg

Community Banking a Major Part of Jack Alberg's Career

Since Jack Alberg was 13 years old, he’s wanted to be a banker. And ever since Jack started in banking, he knew that someday he’d want to work as a correspondent banker. Read Jack’s story to find out why he says joining Bell’s correspondent team seems like ‘a natural fit.'

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Fourth-Quarter-Considerations
4th Quarter Considerations

As your business partner, we work to enhance your bank’s competitiveness, growth, profitability and ability to serve your commercial customers. Read on to find out what to keep in mind as 2021 draws to a close.

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Economic Outlook
November Economic Outlook

In this month’s Economic Outlook, Greg Sweeney, Bell’s chief investment officer, shares his insights on the Federal Reserve’s announcement about tapering its open market asset purchases.

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Infrastructure-Bill-to-Generate-Leasing-Demand-from-Community-Bank-Customers
Infrastructure Bill to Generate Leasing Demand for Community Bank Customers

New infrastructure legislation recently approved by Congress is expected to inject billions of dollars into a variety of industries – chief among them the road and bridge construction sectors. In addition to a higher demand for traditional borrowing, there is expected to be a higher demand for equipment leasing. Mike LaSalle, Bell Bank’s SVP/correspondent bank leasing director explains how you could benefit.

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Win-This-Bell-Bank-Golf-Cart
You Can Still Win a Bell Bank Golf Cart

We tried our best to give away a Bell Bank golf cart over the past year, and sadly, no one sank an ace at any of this year’s events. (The first person to hit a hole in one would have taken home the cart!) But we’re not giving up! We will have a new golf cart to give away in 2022. Make sure to brush up your swinging skills. We hope to see you on the course! (Contact your correspondent banker to find out where you can have a chance to win the Bell Bank golf cart next year.)

 

Quarterly Financial Report

As we approach the end of another interesting year, the pandemic remains a cause for concern. Still, Bell Bank continues to perform at record levels in many areas. Net income through the first 3 quarters of 2021 was more than $98 million (excluding our transaction with WEX). Our mortgage group continues to perform at a very high level. Through the third quarter of 2021, total loan growth was nearly $785 million (including $280 million in PPP loan pay down).  Deposits over the same period continued to be strong at just under $1.9 billion. 

Bell Bank

Sept 2021

Capital Ratios
Common Equity Tier 1 Capital
12.28%
Total Risk-Based Capital
13.54%
Leverage
09.13%
Key Call Report Information
Total Assets
$10,770,660,000
Total Liabilities
$9,795,795,000
Total Capital
$974,865,000
Total Loans
$8,176,210,000
Total Correspondent Loans
$820,666,000
Total Loss Reserve
$133,934,000
Net Income
$272,015,000

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Deposit and loan products are offered through Bell Bank, Member FDIC. Bell Insurance Services, LLC is a wholly owned subsidiary of Bell Bank. Products and services offered through Bell Insurance or Bell Bank Wealth Management are: Not FDIC insured | No Bank Guarantee | May lose value | Not a deposit | Not insured by any federal government agency