BNCCORP, Inc. (BNCC)

[10 bagger]

BNCC.. $6.70.. BNCCORP, INC. Reports 2012 Third Quarter Net Income Of $15.0 Million, Or $4.41 Per Diluted Share

2012 Third Quarter Overview

Credit quality continues to improve: Nonperforming assets are $10.7 million, a decrease of $2.1 million, or 16.5%, in the third quarter..

The ratio of total nonperforming assets to total assets declined to 1.44% from 3.39% at September 30, 2011..

Mortgage banking revenues increase to $7.787 million, rising 183.8%, contributing to 177.0% rise in non-interest income..

Insurance claim for fraud reported in 2010 is resolved, resulting in an increase to pre-tax earnings of approximately $5.0 million ..

Deferred tax valuation allowance is reversed and tax benefit of $5.8 million is recorded in third quarter 2012 ..

Regulatory capital ratio of Bank for tier 1 leverage ratio is 11.73% and total risk based capital of Bank is 22.41% ..

Book value per common share is $13.60 as of September 30, 2012

==========================================================

10 bagger Tuesday, October 16, 2012 10:54:04 AM
Re: 10 bagger post# 21 Post # of 25

BNCC $6.50..

I added again today in size.. I think a double from here is a good possibility.. hank