Fourth Quarter Net Income Of $5.0 Million, Or $1.34 Per Diluted Share, Caps Record Year For BNCCORP, INC.

 Fourth Quarter Net Income Of $5.0 Million, Or $1.34 Per Diluted Share, Caps
                        Record Year For BNCCORP, INC.

2012 Fourth Quarter and Full Year Overview

- 2012 fourth quarter net income of $5.0 million, or $1.34 per diluted share,
compares to 2011 fourth quarter net income of $1.4 million, or $0.31 per
diluted share

- Net income for full year 2012 is $26.6 million, or $7.52 per diluted share,
up from $4.2 million, or $0.86 per diluted share, in 2011

- Mortgage banking revenues increase to $8.231 million for the fourth quarter,
rising 96.4%, contributing to 78.6% rise in fourth quarter non-interest income

- Credit quality remains stable as provisions for credit losses are $0 for the
second consecutive quarter

- Tier 1 leverage regulatory capital ratio of BNC Bank is 10.68% and total
risk based capital of BNC Bank is 21.06% at December 31, 2012

- Tier 1 leverage regulatory capital ratio of BNCCORP, INC. is 11.17%, total
risk based capital of BNCCORP, INC. is 22.43% and tangible common equity ratio
is 6.21% at December 31, 2012

- Book value per common share is $14.49 at December 31, 2012 compared to $6.42
at December 31, 2011

PR Newswire

BISMARCK, N.D., Jan. 29, 2013

BISMARCK, N.D., Jan. 29, 2013 /PRNewswire/ -- BNCCORP, INC. (BNC or the
Company) (OTC Markets: BNCC), which operates community banking and wealth
management businesses in Arizona, Minnesota and North Dakota, and has mortgage
banking offices in Illinois, Kansas, Nebraska, Missouri, Minnesota, Arizona
and North Dakota, today reported strong financial results for the fourth
quarter ended December 31, 2012.

Net income for the 2012 fourth quarter was $4.981 million, or $1.34 per
diluted share. This compared to net income of $1.392 million, or $0.31 per
diluted share, in the fourth quarter of 2011. The 2012 fourth quarter results
reflect sharply higher non-interest income, which more than offset lower net
interest income and higher non-interest expense when compared to the fourth
quarter of 2011. The provisions for credit losses and OREO valuation
allowances in the fourth quarter of 2012 were $0 compared to $1.000 million in
the fourth quarter of 2011. Credit quality remained stable in 2012 as
nonperforming assets decreased to $15.6 million at December 31, 2012, compared
to $16.3 million at December 31, 2011.

Gregory K. Cleveland, BNCCORP President and Chief Executive Officer, said,
"Our strong fourth quarter fittingly completes a tremendous year. In 2012, our
annual returns on assets and common equity were a lofty 3.74% and 76.77%,
respectively. These returns translated into an increase in the book value of
our common shares of more than $8 per share, to reach $14.49. Our non-interest
income grew 112.2% this year, largely because our mortgage banking operations
capitalized on the low rate environment and originated more than $1 billion of
mortgage loans. We also re-ignited banking operations in 2012, particularly in
North Dakota, as demonstrated by our growth in total assets of 15.9%. The
growth in our deposits of 12.7% was mostly in North Dakota and shows our
banking operations are well positioned to benefit from the robust economy of
this market."

Mr. Cleveland continued, "We are working to sustain our positive momentum into
2013, but must also remain diligent as the current economic environment
presents several challenges. The great recession gave rise to significantly
expanded regulations and historically low interest rates. Both of these
conditions will undoubtedly be burdensome for our industry in the periods
ahead. We are also very concerned about the unchecked costs of government.
Fortunately, opportunity can be found in challenging times and we will
continue to aggressively search for new ways to increase performance and
value."

Fourth Quarter Results

Net interest income for the fourth quarter of 2012 was $4.660 million, a
decrease of $349 thousand, or 7.0%, from $5.009 million in the same period of
2011. The net interest margin for the fourth quarter decreased to 2.75%,
compared to 3.26% in the same period of 2011. Net interest income was impacted
by the low interest rate environment which reduced the yield on earning assets
to 3.46% in the fourth quarter of 2012, compared to 4.15% in the fourth
quarter of 2011. Fourth quarter interest income also was reduced by $101
thousand due to a loan involved in bankruptcy proceedings. We are adequately
collateralized and remain optimistic the bankruptcy court will ultimately
allow us to recover the interest we are due. The cost of interest bearing
liabilities declined to 0.89% in the current quarter, compared to 1.09% in the
same period of 2011. During the fourth quarter of 2012, the average balance of
earning assets was approximately $674.2 million, compared to approximately
$610.2 million in the fourth quarter of 2011. Assets increased as we have
started to deploy capital.

The provision for credit losses was $0 in the fourth quarter of 2012, compared
to $250 thousand in the 2011 period. The lower provision reflects stabilized
risk on our loan portfolio.

Non-interest income for the fourth quarter of 2012 was $9.662 million, an
increase of $4.252 million, or 78.6% from $5.410 million in the same period of
2011. Non-interest income includes a significant increase in revenues from our
mortgage banking operations, as mortgage volume continues to benefit from low
interest rates. Fourth quarter mortgage banking revenues aggregated $8.231
million, an increase of $4.040 million, or 96.4%, compared to the fourth
quarter of 2011. In the near term, we expect mortgage banking revenues to be
elevated. Over a longer horizon, mortgage banking volume may not be sustained
at current levels as interest rates will inevitably rise. Bank fees and
service charges were $738 thousand, an increase of 33.9% compared to the
fourth quarter of 2011. These fees are growing as we continue to grow deposits
and open new accounts. There were $0 of gains on sales of investment
securities during the recent quarter, compared to $99 thousand in the fourth
quarter of 2011. The opportunity to sell assets at attractive prices can vary
significantly from period to period. The 2012 fourth quarter included gains on
sales of SBA loans of $246 thousand, compared to $117 thousand in the same
period of 2011. While gains on sales of loans can vary significantly, the
secondary market for SBA loans is currently acquisitive and loans can be sold
for attractive prices.

Non-interest expense increased by $214 thousand, or 2.4%, to $8.969 million in
the fourth quarter of 2012 compared to $8.755 million in the same period of
2011, principally due to the increase in mortgage banking business.
Compensation costs increased by $454 thousand, or 12.0%, due to higher volume
in mortgage banking, additional producers in our banking and mortgage banking
businesses, and incentives accrued for producers. Fourth quarter non-interest
expense also included higher professional fees and marketing costs as a result
of higher mortgage banking activities. Other real estate costs were $50
thousand, a decrease of $799 thousand, or 94.1%, compared to $849 thousand in
the fourth quarter of 2011. This decrease primarily relates to reduced
valuation adjustments on foreclosed assets, which were $0 in the fourth
quarter of 2012 compared to $750 thousand in the same quarter of 2011.

In the fourth quarter of 2012, we recorded tax expense of $372 thousand which
resulted in an effective tax rate of 6.95% for the quarter. This rate is
relatively low as we reversed virtually all of the remaining valuation
allowances related to deferred tax assets and revised interim tax estimates to
reflect the estimated annual tax expense. The remaining valuation allowance
was reversed because of the likelihood that future pre-tax earnings will
utilize the remaining deferred tax assets. A tax expense of $22 thousand was
recognized during the fourth quarter of 2011.

Net income available to common shareholders was $4.608 million, or $1.34 per
diluted share, for the fourth quarter of 2012 after accounting for dividends
accrued on preferred stock and the amortization of issuance discounts on
preferred stock. These costs aggregated $373 thousand in the fourth quarter of
2012 and $356 thousand in the same period of 2011. Net income available to
common shareholders in the fourth quarter of 2011 was $1.036 million, or $0.31
per diluted share.

Year Ended December 31, 2012

Net interest income in 2012 was $18.471 million, a decrease of $1.006 million,
or 5.2%, from $19.477 million in 2011. Low interest rates impacted the net
interest margin in 2012, which decreased to 2.85%, compared to 3.11% in 2011.
The yield on earning assets was 3.70% in 2012, compared to 4.11% in 2011. The
cost of interest bearing liabilities was 1.07% in 2012, compared to 1.22% in
2011. The interest cost of liabilities in 2012 includes $546 thousand of
previously deferred costs associated with $60 million of brokered deposits.
These costs were recognized when we exercised our option to call the deposits
during 2012 in order to replace them with lower cost deposits. In 2012, the
average balance of earning assets was approximately $648.4 million, compared
to approximately $563.3 million in the prior year. We sold approximately $65.7
million of assets in March 2011 and have subsequently been regenerating
earning assets and deposits.

The provision for credit losses was $100 thousand in 2012, compared to $1.625
million in 2011. Nonperforming loans increased $4.3 million to $10.5 million
at December 31, 2012 from $6.2 million at December 31, 2011. This increase
primarily relates to one loan that is subject to bankruptcy proceedings. We
are well collateralized on this loan and remain optimistic the courts will
ultimately award us full recovery.

Non-interest income in 2012 was $42.938 million, an increase of $22.701
million, or 112.2% from $20.237 million in 2011. Full year 2012 non-interest
income includes $7.5 million of income recognized in the third quarter
associated with the settlement of our claims against insurers related to a
fraud perpetrated upon the Company. Non-interest income also was significantly
influenced by mortgage banking revenues in 2012, which aggregated $29.658
million, an increase of $18.373 million, or 162.8%, compared to 2011. We also
experienced an increase in bank fees and service charges of $274 thousand, or
12.4% in 2012, reflecting growth in deposits and new accounts. Gains on sales
of investments were lower in 2012 aggregating $279 thousand, compared to
$2.830 million in 2011. Gains on sales of SBA loans were $1.110 million in
2012, compared to $1.427 million in the same period of 2011.

Non-interest expense increased by $6.106 million, or 18.0%, to $39.965 million
in 2012, compared to $33.859 million in 2011, primarily due to the increase in
mortgage banking business. Compensation costs increased by $2.068 million, or
13.8%, primarily due to higher volume in mortgage banking, additional banking
and mortgage banking producers, and incentives accrued for producers.
Non-interest expense included a significant increase in professional fees due
to costs associated with settling the insurance claim, including contingent
fees paid to professionals. To a lesser extent, professional fees also
increased due to mortgage banking activities. Other real estate costs were
$2.038 million, a decrease of $257 thousand, or 11.2%, compared to $2.295
million in 2011. In recent years, we have addressed nonperforming assets by
recording valuation adjustments on foreclosed assets, which were $1.700
million in 2012, compared to $1.775 million in 2011. Marketing expenses
increased due to mortgage banking activities. Other expenses increased to
$3.822 million in 2012 from $2.521 million in 2011 partially due to increases
in the cost of insurance and a non-recurring write-off of previously deferred
costs associated with our terminated equity offering. These increases were
partially offset by lower regulatory costs as depository premiums paid by BNC
to the FDIC to insure its deposits decreased after our branch sale in early
2011.

The Company has recognized a tax benefit of $5.280 million in 2012, resulting
primarily from the reversal of virtually all of our valuation allowance on
deferred tax assets. The valuation allowance was reversed because we had
achieved several consecutive profitable quarters and the likelihood that
future pre-tax earnings will utilize the remaining deferred tax assets. The
tax benefit recorded by reversing the valuation allowance was reduced by
estimated income tax expense related to 2012 earnings. Tax expense was $22
thousand in 2011.

Net income available to common shareholders was $25.162 million, or $7.52 per
diluted share, in 2012 after accounting for dividends accrued on preferred
stock and the amortization of issuance discounts on preferred stock. These
costs aggregated $1.462 million in 2012 and $1.394 million in 2011. Net income
available to common shareholders in 2011 was $2.814 million, or $0.86 per
diluted share.

Assets, Liabilities and Equity

Total assets were $770.8 million at December 31, 2012, an increase of $105.7
million, or 15.9%, compared to $665.2 million at December 31, 2011. Cash and
investment securities have increased by $79.4 million since December 31, 2011
as we continue to emphasize liquidity. The investment portfolio had net
unrealized gains aggregating $6.480 million as of December 31, 2012, compared
to unrealized gains of $4.145 million as of December 31, 2011. Overall, loans
held for investment decreased by $3.7 million as we have implemented measures
to reduce our exposure to credit risk and concentrations within certain
segments of our loan portfolio. In North Dakota, our loans held for investment
grew $21 million. Loans held for sale have increased by $26.5 million since
December 31, 2011, due to robust mortgage banking operations.

Total deposits were $649.6 million at December 31, 2012, increasing by $73.3
million from 2011 year-end. This increase relates primarily to growth in our
North Dakota branches.

Total equity was $68.7 million at December 31, 2012 and $41.9 million at
December 31, 2011. Book value per common share was $14.49 as of December 31,
2012, compared to $6.42 as of December 31, 2011. At December 31, 2012,
tangible common equity as a percent of assets was approximately 6.21%.

Preferred stock and subordinated debentures outstanding aggregated $43.3
million at December 31, 2012. Management continues to assess the Company's
leverage and capital structure. At December 31, 2012, the accrued interest and
dividends on these obligations, which included deferred amounts, was $8.5
million. Subsequent to year end, we began to bring these obligations current
and anticipate that we will be current on all obligations as of the end of
first quarter of 2013.

Trust assets under supervision were $211.5 million at December 31, 2012,
compared to $228.9 million at December 31, 2011.

Regulatory Capital

Banks and their bank holding companies operate under separate regulatory
capital requirements.

At December 31, 2012, BNCCORP's tier 1 leverage ratio was 11.17%, the tier 1
risk-based capital ratio was 20.49%, and the total risk-based capital ratio
was 22.43%.

At December 31, 2012, BNC National Bank had a tier 1 leverage ratio of 10.68%,
a tier 1 risk-based capital ratio of 19.80%, and a total risk-based capital
ratio of 21.06%.

In 2010, the holding company entered into a memorandum of understanding with
the Federal Reserve Bank (the Fed) that restricted payments related to the
Company's common stock, preferred stock and debt without prior written
permission from the Fed. This memorandum of understanding with the Fed was
terminated in the fourth quarter of 2012.

In the second quarter of 2012, the Fed issued proposed regulatory standards
for community banks which appear to incorporate many of the capital
requirements addressed in the Basel III framework. We have not completed our
assessment of the proposed standards, but it is generally believed the
proposed standards will impose higher capital ratios. In addition to the
proposed Basel framework, the regulatory environment for banking entities is
increasingly complicated and cumbersome and the regulatory influence will
burden earnings for the foreseeable future.

Asset Quality

In recent years, challenging economic conditions have led to elevated credit
risk throughout the banking industry. As a result, the Company is carefully
monitoring asset quality and taking what it believes to be prudent and
appropriate action to reduce credit risk.

Nonperforming assets were $15.6 million at December 31, 2012; up from $10.7
million at September 30, 2012; and below the $16.3 million reported at
December 31, 2011. The ratio of total nonperforming assets to total assets was
2.03% at December 31, 2012; 1.44% at September 30, 2012; and 2.45% at December
31, 2011. The increase in nonperforming assets relates to one loan that is
subject to bankruptcy proceedings. We are well collateralized on this loan and
remain optimistic the courts will ultimately award us full recovery. The
provision for credit losses and other real estate costs was $0 in the fourth
quarter of 2012 and $1.000 million in the fourth quarter of 2011.

Nonperforming loans were $10.5 million at December 31, 2012, $4.9 million at
September 30, 2012, and $6.2 million at December 31, 2011, with the increase
due to the loan that is subject to bankruptcy proceedings as noted above. The
ratio of the allowance for credit losses to total nonperforming loans as of
December 31, 2012 was 96%, compared to 217% at September 30, 2012, and 172% at
December 31, 2011. There was no provision for credit losses in the fourth
quarter of 2012, compared to $250 thousand in the fourth quarter of 2011, due
to stabilized risk in the loan portfolio.

The allowance for credit losses was $10.1 million at December 31, 2012,
compared to $10.6 million at December 31, 2011. The allowance for credit
losses as a percentage of total loans at December 31, 2012 was 2.62%, compared
to 2.94% at December 31, 2011. The allowance for credit losses as a percentage
of loans and leases held for investment at December 31, 2012 was 3.49%,
compared to 3.63% at December 31, 2011.

At December 31, 2012, BNC had $13.6 million of classified loans, $10.5 million
of loans on non-accrual and $5.1 million of other real estate owned. At
December 31, 2011, BNC had $24.2 million of classified loans, $6.2 million of
loans on non-accrual and $10.1 million of other real estate owned.

BNCCORP, INC., headquartered in Bismarck, N.D., is a registered bank holding
company dedicated to providing banking and wealth management services to
businesses and consumers in its local markets. The Company operates community
banking and wealth management businesses in Arizona, Minnesota and North
Dakota from 14 locations. BNC also conducts mortgage banking from 12 locations
in Illinois, Kansas, Nebraska, Missouri, Minnesota, Arizona and North Dakota.

This news release may contain "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995 with respect to the
financial condition, results of operations, plans, objectives, future
performance and business of BNC. Forward-looking statements, which may be
based upon beliefs, expectations and assumptions of our management and on
information currently available to management are generally identifiable by
the use of words such as "expect", "believe", "anticipate", "plan", "intend",
"estimate", "may", "will", "would", "could", "should", or other expressions.
We caution readers that these forward-looking statements, including, without
limitation, those relating to our future business prospects, financial
condition, results of operations, revenues, working capital, liquidity,
capital needs, interest costs and income, are subject to certain risks and
uncertainties that could cause actual results to differ materially from those
indicated in the forward-looking statements due to several important factors.
These factors include, but are not limited to: risks of loans and investments,
including dependence on local and regional economic conditions; competition
for our customers from other providers of financial services; possible adverse
effects of changes in interest rates, including the effects of such changes on
derivative contracts and associated accounting consequences; risks associated
with our acquisition and growth strategies; and other risks which are
difficult to predict and many of which are beyond our control. In addition,
all statements in this news release, including forward-looking statements,
speak only of the date they are made, and the Company undertakes no obligation
to update any statement in light of new information or future events.

(Financial tables attached)



BNCCORP, INC.

CONSOLIDATED FINANCIAL DATA

(Unaudited)
                                     For the Quarter     For the Twelve Months

                                     Ended December 31,  Ended December 31,
(In thousands, except per share      2012       2011     2012        2011
data)
SELECTED INCOME STATEMENT DATA
Interest income                      $  5,862   $ 6,387  $  23,992   $ 25,749
Interest expense                        1,202     1,378     5,521      6,272
Net interest income                     4,660     5,009     18,471     19,477
Provision for credit losses             -         250       100        1,625
Non-interest income                     9,662     5,410     42,938     20,237
Non-interest expense                    8,969     8,755     39,965     33,859
Income before income taxes              5,353     1,414     21,344     4,230
Income tax (benefit) expense            372       22        (5,280)    22
Net income                              4,981     1,392     26,624     4,208
Preferred stock costs                   (373)     (356)     (1,462)    (1,394)
Net income available to common       $  4,608   $ 1,036  $  25,162   $ 2,814
shareholders
EARNINGS PER SHARE DATA
Basic earnings per common share      $  1.40    $ 0.31   $  7.64     $ 0.86
Diluted earnings per common share    $  1.34    $ 0.31   $  7.52     $ 0.86





BNCCORP, INC.

CONSOLIDATED FINANCIAL DATA

(Unaudited)
                            For the Quarter           For the Twelve Months

                            Ended December 31,        Ended December 31,
(In thousands, except       2012         2011         2012         2011
share data)
ANALYSIS OF NON-INTEREST
INCOME
Bank charges and service    $ 738        $ 551        $ 2,492      $ 2,218
fees
Wealth management revenues    292          280          1,204        1,282
Mortgage banking revenues     8,231        4,191        29,658       11,285
Gains on sales of loans,      246          117          1,110        1,427
net
Gains on sales of             -            99           279          2,830
securities, net
Insurance claim settlement    -            -            7,500        -
Other                         155          172          695          1,195
Total non-interest income   $ 9,662      $ 5,410      $ 42,938     $ 20,237
ANALYSIS OF NON-INTEREST
EXPENSE
Salaries and employee       $ 4,241      $ 3,787      $ 17,040     $ 14,972
benefits
Professional services         1,262        1,101        7,165        4,307
Data processing fees          743          667          2,859        2,673
Marketing and promotion       607          386          2,089        1,559
Occupancy                     495          480          1,935        2,028
Regulatory costs              312          308          1,213        1,742
Depreciation and              284          289          1,120        1,172
amortization
Office supplies and           178          157          684          590
postage
Other real estate costs       50           849          2,038        2,295
Other                         797          731          3,822        2,521
Total non-interest expense  $ 8,969      $ 8,755      $ 39,965     $ 33,859
WEIGHTED AVERAGE SHARES
Common shares outstanding     3,294,562    3,289,756    3,291,660    3,282,182
(a)
Incremental shares from
assumed conversion of         147,319      -            52,620       -
options and contingent
shares
Adjusted weighted average     3,441,881    3,289,756    3,344,280    3,282,182
shares (b)

(a)  Denominator for basic earnings per common share
(b) Denominator for diluted earnings per common share



BNCCORP, INC.

CONSOLIDATED FINANCIAL DATA

(Unaudited)
                                As of
(In thousands, except share,    December 31,  September 30,
per share and full time                                      December 31, 2011
equivalent data)                2012         2012
SELECTED BALANCE SHEET DATA
Total assets                    $  770,776    $  742,475     $    665,158
Loans held for sale-mortgage       95,095        88,926           68,622
banking
Loans and leases held for          289,469       285,472          293,211
investment
Total loans                        384,564       374,398          361,833
Allowance for credit losses        (10,091)      (10,521)         (10,630)
Investment securities              300,549       283,835          242,630
available for sale
Other real estate, net             5,131         5,859            10,145
Earning assets                     698,872       674,197          604,151
Total deposits
                                   649,604       622,997          576,255

Core deposits                      584,604       553,067          516,436
Other borrowings                   34,130        34,691           31,062
Cash and cash equivalents          40,790        36,520           19,296
OTHER SELECTED DATA
Net unrealized gains in         $  6,480      $  7,257       $    4,145
investment portfolio, pretax
Trust assets under supervision  $  211,519    $  212,188     $    228,932
Total common stockholders'      $  47,842     $  44,895      $    21,180
equity
Book value per common share     $  14.49      $  13.60       $    6.42
Full time equivalent employees     298           285              261
Common shares outstanding          3,300,652     3,299,969        3,301,007
CAPITAL RATIOS
Tier 1 leverage (Consolidated)     11.17%        10.31%           7.59%
Tier 1 risk-based capital          20.49%        18.60%           13.71%
(Consolidated)
Total risk-based capital           22.43%        21.03%           17.56%
(Consolidated)
Tangible common equity             6.21%         6.06%            3.17%
(Consolidated)
Tier 1 leverage (BNC National      10.68%        11.73%           9.41%
Bank)
Tier 1 risk-based capital (BNC     19.80%        21.14%           16.95%
National Bank)
Total risk-based capital (BNC      21.06%        22.41%           18.22%
National Bank)
Tangible capital (BNC National     10.97%        12.31%           10.12%
Bank)



BNCCORP, INC.

CONSOLIDATED FINANCIAL DATA

(Unaudited)
                                   For the Quarter       For the Twelve Months

                                   Ended December 31,    Ended December 31,
(In thousands)                       2012       2011        2012       2011
AVERAGE BALANCES
Total assets                       $ 741,977  $ 673,457  $  711,178  $ 689,268
Loans held for sale-mortgage         79,113     67,217      66,288     33,317
banking
Loans and leases held for            287,441    294,177     284,507    328,091
investment
Total loans                          366,554    361,398     350,795    362,509
Investment securities available      280,854    238,754     270,374    210,811
for sale
Earning assets                       674,187    610,192     648,425    563,341
Total deposits                       619,968    579,376     605,014    600,604
Core deposits                        553,535    519,557     542,118    538,583
Total equity                         66,303     41,248      53,568     38,433
Cash and cash equivalents            50,738     27,756      46,328     72,567
KEY RATIOS
Return on average common             40.34%     19.97%      76.77%     15.77%
stockholders' equity
Return on average assets             2.67%      0.82%       3.74%      0.61%
Net interest margin                  2.75%      3.26%       2.85%      3.11%
Efficiency ratio                     62.62%     84.03%      65.08%     85.26%
Efficiency ratio, excluding gains
on sales of securities,              62.62%     77.57%      62.60%     86.99%
provisions for real estate losses
Efficiency ratio, excluding
provisions for real estate losses    61.59%     73.35%      59.75%     77.18%
(BNC National Bank)

BNCCORP, INC.

CONSOLIDATED FINANCIAL DATA

(Unaudited)
                                     As of
                                     December 31,  September 30,  December 31,
(In thousands)
                                     2012          2012           2011
ASSET QUALITY
Loans 90 days or more delinquent     $   12        $    23        $   -
and still accruing interest
Non-accrual loans                        10,500         4,833         6,169
Total nonperforming loans            $   10,512    $    4,856     $   6,169
Other real estate, net                   5,131          5,859         10,145
Total nonperforming assets           $   15,643    $    10,715    $   16,314
Allowance for credit losses          $   10,091    $    10,521    $   10,630
Ratio of total nonperforming loans       2.73%          1.30%         1.70%
to total loans
Ratio of total nonperforming assets      2.03%          1.44%         2.45%
to total assets
Ratio of nonperforming loans to          1.36%          0.65%         0.93%
total assets
Ratio of allowance for credit
losses to loans and leases held for      3.49%          3.69%         3.63%
investment
Ratio of allowance for credit            2.62%          2.81%         2.94%
losses to total loans
Ratio of allowance for credit            96%            217%          172%
losses to nonperforming loans

                                    For the Quarter      For the Twelve Months
(In thousands)                      Ended December 31,   Ended December 31,
                                    2012      2011       2012        2011
Changes in Nonperforming Loans:
Balance, beginning of period        $ 4,856   $ 8,657    $  6,169    $ 17,862
Additions to nonperforming            5,806     12          5,880      6,312
Charge-offs                           (37)      (633)       (354)      (3,895)
Reclassified back to performing       -         (1,649)     (815)      (3,616)
Principal payments received           (113)     (218)       (368)      (4,442)
Transferred to other real estate      -         -           -          (6,052)
owned
Balance, end of period              $ 10,512  $ 6,169    $  10,512   $ 6,169



BNCCORP, INC.

CONSOLIDATED FINANCIAL DATA

(Unaudited)
                                For the Quarter         For the Twelve Months
(In thousands)
                                Ended December 31,      Ended December 31,
                                2012        2011        2012        2011
Changes in Allowance for
Credit Losses:
Balance, beginning of period    $ 10,521    $ 11,014    $ 10,630    $ 16,476
Provision                         -           250         100         1,625
Loans charged off                 (522)       (1,161)     (905)       (6,517)
Loan recoveries                   92          527         266         677
Transferred with branch           -           -           -           (1,631)
divestiture
Balance, end of period          $ 10,091    $ 10,630    $ 10,091    $ 10,630
Ratio of net charge-offs to       (0.117)%    (0.175)%    (0.182)%    (1.611)%
average total loans
Ratio of net charge-offs to
average total loans,              (0.469)%    (0.702)%    (0.182)%    (1.611)%
annualized

                                     For the Quarter     For the Twelve Months
(In thousands)
                                     Ended December 31,  Ended December 31,
                                     2012     2011       2012        2011
Changes in Other Real Estate:
Balance, beginning of period         $ 5,859  $ 14,036   $  10,145   $ 12,706
Transfers from nonperforming loans     -        -           -          6,052
Real estate sold                       (748)    (3,101)     (3,206)    (6,900)
Net gains (losses) on sale of          20       (40)        (108)      62
assets
Provision                              -        (750)       (1,700)    (1,775)
Balance, end of period               $ 5,131  $ 10,145   $  5,131    $ 10,145

(In thousands)          As of December 31,
                        2012       2011
Other real estate       $ 8,146    $ 15,530
Valuation allowance       (3,015)    (5,385)
Other real estate, net  $ 5,131    $ 10,145







BNCCORP, INC.

CONSOLIDATED FINANCIAL DATA

(Unaudited)
                                          As of
(In thousands)                            December 31, 2012  December 31, 2011
CREDIT CONCENTRATIONS
North Dakota
 Commercial and industrial             $     65,793       $     65,986
 Construction                                10,824             2,533
 Agricultural                                15,047             13,043
 Land and land development                   12,240             10,579
 Owner-occupied commercial real estate       24,107             25,526
 Commercial real estate                      12,644             12,100
 Small business administration               2,428              2,333
 Consumer                                    25,115             15,175
 Subtotal                            $     168,198      $     147,275
Arizona
 Commercial and industrial             $     1,421        $     2,552
 Construction                                -                  -
 Agricultural                                -                  -
 Land and land development                   5,663              5,832
 Owner-occupied commercial real estate       667                550
 Commercial real estate                      16,699             14,070
 Small business administration               12,881             7,085
 Consumer                                    2,884              2,813
 Subtotal                            $     40,215       $     32,902
Minnesota
 Commercial and industrial             $     1,154        $     1,316
 Construction                                -                  2,090
 Agricultural                                24                 28
 Land and land development                   1,145              1,649
 Owner-occupied commercial real estate       -                  -
 Commercial real estate                      14,767             14,665
 Small business administration               62                 77
 Consumer                                    409                893
 Subtotal                            $     17,561       $     20,718



SOURCE BNCCORP, INC.

Website: http://www.bnccorp.com
Contact: Gregory K. Cleveland, +1-602-852-3526 or Timothy J. Franz,
+1-612-305-2213
 
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