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<body>

<font SIZE="2">
<p ALIGN="center">As filed with the Securities and Exchange Commission on April
9, 2001.</p>
</font><font FACE="Courier">
<p ALIGN="right"></font><font SIZE="2">Registration No.
333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
</font><font FACE="Courier">
<hr>
<p ALIGN="center"></font>SECURITIES AND EXCHANGE COMMISSION<font SIZE="2"><br>
Washington, D.C. 20549</p>
<p ALIGN="center">__________</p>
</font><font FACE="Courier">
<p ALIGN="center"></font><b><font SIZE="5">FORM S-8</p>
</font></b><font FACE="Courier">
<p ALIGN="center"></font>REGISTRATION STATEMENT<br>
under<br>
THE SECURITIES ACT OF 1933</p>
<p ALIGN="center">__________</p>
<font FACE="Courier">
<p ALIGN="center"></font><font SIZE="4"><b>BNCCORP, INC.</b></font><font SIZE="2"><i><br>
(Exact name of Registrant as specified in its charter)</i></font></p>
<div align="center">
	<center>
	<table border="0" width="100%">
		<tr>
			<td width="46%">
				<p align="center"><font SIZE="2"><b>Delaware</b><i><br>
				(State or other jurisdiction of incorporation) </i></font></td>
			<td width="7%"></td>
			<td width="47%">
				<p align="center"><font SIZE="2"><b>45-0402816</b><i><br>
				(I.R.S. Employer Identification Number)</i></font></td>
		</tr>
	</TABLE>
	</center>
</div>
<font FACE="Courier">
<p ALIGN="center"></font><font SIZE="2"><b>&nbsp;322 East Main<br>
Bismarck, North Dakota 58501</b><i><br>
(Address, including zip code, of<br>
Registrant's principal executive office)</p>
</i></font><font FACE="Courier">
<p ALIGN="center"></font><b><font SIZE="2">BNCCORP, INC. 401(k) Savings Plan</font></b><font SIZE="2"><i><br>
(Full title of the Plan)</p>
</i></font><font FACE="Courier">
<p ALIGN="center"></font><font SIZE="2">__________</p>
</font><font FACE="Courier">
<p ALIGN="center"></font><font SIZE="2"><b>Gregory K. Cleveland<br>
President and Chief Executive Officer<br>
BNCCORP, INC.<br>
322 East Main<br>
Bismarck, North Dakota 58501<br>
(701) 250-3040</b><i><br>
(Name, address, including zip code, and telephone number,<br>
including area code, of agent for service)</p>
</i></font><font FACE="Courier">
<p ALIGN="center"></font><font SIZE="2">Copy to:<b><br>
Margaret F. Murphy, Esq.<br>
Jones, Walker, Waechter, Poitevent, Carrere&nbsp;&amp; Denegre, L.L.P.<br>
201 St. Charles Avenue<br>
New Orleans, Louisiana 70170-5100</p>
</b></font><font FACE="Courier">
<p ALIGN="center"></font><font SIZE="2">CALCULATION OF REGISTRATION FEE</p>
</font><font FACE="Courier">
<p ALIGN="JUSTIFY">&nbsp;</p>
</font>
<table BORDER="1" CELLSPACING="1" BORDERCOLOR="#000000" CELLPADDING="8" WIDTH="100%">
	<tr>
		<td WIDTH="36%" VALIGN="bottom" align="center"><font SIZE="2">
			<p align="center">Title of Securities<br>
			to be Registered</font></td>
		<td WIDTH="15%" VALIGN="bottom" align="center"><font SIZE="2">
			<p>Amount</font> <font SIZE="2">to be</font> <font SIZE="2">Registered<sup>(1)</sup></font></p>
		</td>
		<td WIDTH="18%" VALIGN="bottom" align="center"><font SIZE="2">
			<p ALIGN="CENTER">Proposed Maximum</font> <font SIZE="2">Offering
			Price<br>
			Per Share<sup>(2)</sup></font></td>
		<td WIDTH="18%" VALIGN="bottom" align="center"><font SIZE="2">
			<p ALIGN="CENTER">Proposed Maximum</font> <font SIZE="2">Aggregate<br>
			Offering Price<sup>(2)</sup></font></td>
		<td WIDTH="13%" VALIGN="bottom" align="center"><font SIZE="2">
			<p ALIGN="CENTER">Amount of</font> <font SIZE="2">Registration</font>
			<font SIZE="2">Fee</font></td>
	</tr>
	<tr>
		<td WIDTH="36%" VALIGN="TOP"><font SIZE="2">
			<p>Common Stock<br>
			($.01 par value per share)</p>
			<p>Participation Interests in the Plan</font></td>
		<td WIDTH="15%" VALIGN="TOP"><font SIZE="2">
			<p ALIGN="RIGHT">150,000&nbsp;&nbsp;&nbsp; </font></td>
		<td WIDTH="18%" VALIGN="TOP"><font SIZE="2">
			<p ALIGN="right">$7.25&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
			</font></td>
		<td WIDTH="18%" VALIGN="TOP"><font SIZE="2">
			<p ALIGN="RIGHT">$1,087,500&nbsp;&nbsp;&nbsp; </font></td>
		<td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
			<p align="center">$271.88</font></td>
	</tr>
</TABLE>

<div align="left">
	<table border="0" width="100%">
		<tr>
			<td width="6%" valign="top"><font SIZE="2">(1)&nbsp;&nbsp;
</font></td>
			<td width="94%"><font SIZE="2">
		A total of 100,000 shares
		of common stock of the registrant and related participation interests in&nbsp;
				the Plan were&nbsp;previously
		registered for sale through the Plan on Form
		S-8, Registration No. 333-24735. Upon a stock split, stock dividend or
		similar transaction in the future and during the effectiveness of this
		Registration Statement involving Common Stock of the
		Company, the number
		of shares registered shall be automatically increased to cover the additional shares in
		accordance with Rule 416(a) under the Securities
		Act of 1933.
</font></td>
		</tr>
		<tr>
			<td width="6%" valign="top"><font SIZE="2">(2)&nbsp;
</font></td>
			<td width="94%"><font SIZE="2"> Estimated solely for the purpose of calculating
		the registration fee pursuant to Rule 457(c) and (h) under the
		Securities Act of 1933, based on the average of the high and low price
		per share of the Common Stock on the Nasdaq Stock Market on April 5,
		2001.
</font></td>
		</tr>
	</TABLE>
</div>
<font FACE="Courier">
<hr>
</font>
<p ALIGN="center"><b>PART II&nbsp;</p>
<p ALIGN="center">INFORMATION NOT REQUIRED IN PROSPECTUS</p>
</b>
<p ALIGN="JUSTIFY">&nbsp;</p>
<b>
<p ALIGN="JUSTIFY">Item 3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Incorporation of Documents by Reference.</b>&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The following documents, which have been filed by BNCCORP,
INC. (the &quot;Company&quot;) and the BNCCORP, INC. 401(k) Savings Plan (the
&quot;Plan&quot;) with the Securities and Exchange Commission (the
&quot;Commission&quot;), are incorporated herein by reference:&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company's latest Annual Report on Form 10-K filed
pursuant to Section 13(a) of the Securities Exchange Act of 1934 (the &quot;1934
Act&quot;);&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All other reports filed by the Company pursuant to
Section 13(a) or 15(d) of the 1934 Act since the end of he fiscal year covered
by the Annual Report referred to in (a) above;&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The description of the Common Stock incorporated by
reference in Item&nbsp;1 of the Company's Registration Statement on Form 8-A
dated June 21, 1995 from page&nbsp;50 of the Company's Registration Statement
on Form SB-2, Registration No. 33-92369 under the heading &quot;Description of
Capital Stock;&quot; and&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Plan's latest Annual Report on Form 11-K filed
pursuant to Section 15(d) of the 1934 Act.</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
All reports filed by the Company or the Plan with the
Commission pursuant to Sections 13(a), 13(c), 14 and 15(d) of the 1934 Act
subsequent to the date of this Registration Statement and prior to the filing of
a post-effective amendment which indicates that all securities offered have been
sold or which deregisters all securities then remaining unsold shall, except to
the extent otherwise provided by Regulation S-K or any other rule promulgated by
the Commission, be deemed to be incorporated by reference in this Registration
Statement and to be part hereof from the date of filing of such documents.&nbsp;</p>
<b>
<p ALIGN="JUSTIFY">Item 4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Description of Securities</b>.&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Not applicable.&nbsp;</p>
<b>
<p ALIGN="JUSTIFY">Item 5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Interests of Named Experts and Counsel</b>.&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Not applicable.</p>
				<b>
				<p ALIGN="JUSTIFY">Item 6.</b>&nbsp;<b>&nbsp;&nbsp;&nbsp;</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
				<b>Indemnification of Directors
				and Officers.
				</b>
</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Section 145 of the Delaware General Corporation Law provides
that a corporation may indemnify its directors and officers in a variety of
circumstances, which may include liabilities under the Securities Act of 1933.
In addition, Section 9 of the Company's By-laws requires the Company to
indemnify its officers and directors against expenses and costs, judgments,
settlements and fines incurred in the defense of any claim, including any claim
brought by or in the right of the Company, to which they were made parties by
reason of being or having been officers or directors.&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
In addition, each of the Company's directors has entered
into an indemnity agreement that provides that the Company will indemnify the
directors against any costs and expenses, judgments, settlements and fines
incurred in connection with any claim involving a director by reason of his
position as a director; provided that the director meets certain standards of
conduct for claims that (i) have been successfully defended, or (ii) two
impartial directors have determined that, with respect to the conduct giving
rise to such claim, the director acted in good faith. No indemnification may be
made, however, for claims in which the director has been adjudicated in a final
judgment to be liable to the Company except to the extent that the court finds
indemnification to be proper.&nbsp;&nbsp;&nbsp; &nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Company has purchased insurance permitted by the Delaware
General Corporation Law on behalf of directors and officers, which may cover
liabilities under the Securities Act of 1933, as amended.&nbsp;</p>
<b>
<p ALIGN="JUSTIFY">Item 7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Exemption From Registration Claimed</b>.&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Not applicable.&nbsp;</p>
				<b>
				<p ALIGN="JUSTIFY">Item 8.</b>&nbsp;<b>&nbsp;&nbsp;&nbsp;</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
				<b>Exhibits.</b>&nbsp;</p>
<div align="left">
	<table border="0" width="88%">
		<tr>
			<td width="14%" valign="top">
				<p align="center">5</td>
			<td width="81%"> In lieu of filing an opinion of counsel as
				to compliance with ERISA or an Internal Revenue Service
				determination letter that the Plan, as amended, is qualified
				under Section 401 of the Internal Revenue Code, the undertaking
				permitted by Item 8.(b) of Form S-8 is included in Item 9.(d) of
				this Registration Statement.</td>
		</tr>
		<tr>
			<td width="14%">
				<p align="center">23</td>
			<td width="81%"> Consent of Arthur Andersen LLP.</td>
		</tr>
	</TABLE>
</div>
<p ALIGN="JUSTIFY">__________</p>
				<b>
				<p ALIGN="JUSTIFY">Item 9.</b>&nbsp;<b>&nbsp;&nbsp;&nbsp;</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
				<b>Undertakings.
				</b>
</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The undersigned registrant hereby undertakes:&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; To file, during any period in which offers or sales are
being made, a post-effective amendment to this registration statement to include
any material information with respect to the plan of distribution not previously
disclosed in the registration statement or any material change to such
information in the registration statement.&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; That, for the purpose of determining any liability under
the Securities Act of 1933, each such post-effective amendment shall be deemed
to be a new registration statement relating to the securities offered therein,
and the offering of such securities at that time shall be deemed to be the
initial bona fide offering thereof.&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; To remove from registration by means of a post-effective
amendment any of the securities being registered which remain unsold at the
termination of the offering.&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The undersigned registrant hereby undertakes that, for
purposes of determining any liability under the Securities Act of 1933, each
filing of the registrant's annual report pursuant to section 13(a) or section
15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing
of an employee benefit plan's annual report pursuant to section 15(d) of the
Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Insofar as indemnification for liabilities arising under
the Securities Act of 1933 may be permitted to directors, officers and
controlling persons of the registrant pursuant to the foregoing provisions, or
otherwise, the registrant has been advised that in the opinion of the Securities
and Exchange Commission such indemnification is against public policy as
expressed in the Act and is, therefore, unenforceable. In the event that a claim
for indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action, suit or
proceedings) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question of whether such
indemnification by it is against public policy as expressed in the Act and will
be governed by the final adjudication of such issue.&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The registrant will submit the amended BNCCORP, INC.
401(k) Savings Plan (the &quot;Plan&quot;) and any further amendments thereto to
the Internal Revenue Service (the &quot;IRS&quot;) for qualification under
Section 401 of the Internal Revenue Code in a timely manner and will make all
changes required by the IRS in order to qualify the Plan.</p>
<hr>
<p ALIGN="center"><font SIZE="2"><b>SIGNATURES</b>&nbsp;</p>
<b>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Registrant.</b> Pursuant to the requirements of the
Securities Act of 1933, the Registrant certifies that it has reasonable grounds
to believe that it meets all the requirements for filing on Form S-8 and has
duly caused this Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Bismarck, State of North
Dakota, on February&nbsp;21,&nbsp;2001.</p>
<div align="left">
	<table border="0" width="100%">
		<tr>
			<td width="65%"></td>
			<td width="35%"><font SIZE="2">BNCCORP, INC.
</font>
				<p>&nbsp;</p>
			</td>
		</tr>
		<tr>
			<td width="65%"></td>
			<td width="35%"><font SIZE="2">
<u>
/s/ Tracy Scott&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><br>
				Tracy Scott<br>
				Chairman of the Board</font></td>
		</tr>
	</TABLE>
</div>
<u>
</u>
<p ALIGN="center"><b>POWER OF ATTORNEY</b>&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
KNOW ALL MEN BY THESE PRESENTS, that each person whose
signature appears below constitutes and appoints Tracy Scott and Gregory K.
Cleveland, or either one of them, his true and lawful attorney-in-fact and
agent, with full power of substitution, for him and in his name, place and
stead, in any and all capacities, to sign any and all amendments (including
post-effective amendments) to this Registration Statement, and to file the same
with all exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorney-in-fact and
agent full power and authority to do and perform each and every act and thing
requisite and ratifying and confirming all that said attorney-in-fact and agent
or his substitute or substitutes may lawfully do or cause to be done by virtue
hereof.&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Pursuant to the requirements of the Securities Act of 1933,
as amended, this Registration Statement has been signed by the following persons
in the capacities and on the dates indicated.</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<table border="0" width="672">
	<tr>
		<td align="center" width="217">
<p ALIGN="center"><font SIZE="2"><u>Signature</u>&nbsp;&nbsp;&nbsp;
</font></p>
		</td>
		<td align="center" width="196">
<p ALIGN="center"><font SIZE="2"><u>&nbsp;Title</u>&nbsp;&nbsp;&nbsp;
</font></p>
		</td>
		<td align="center" width="139">
<p ALIGN="center"><font SIZE="2"><u>&nbsp;Date</u>
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217"></td>
		<td width="196"></td>
		<td width="139"></td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">
<u>
/s/ Tracy Scott&nbsp;&nbsp;&nbsp;</u>
</font></p>
		</td>
		<td rowspan="2" width="196">
<p ALIGN="JUSTIFY"><font SIZE="2">Director, Chairman of the Board&nbsp;<br>
(Principal Executive Officer)</p>
</font></td>
		<td width="139">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp; February
21, 2001
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">Tracy Scott&nbsp;&nbsp;&nbsp;
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp;
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">
<u>
/s/ Gregory K. Cleveland&nbsp;&nbsp;&nbsp;</u>
</font></p>
		</td>
		<td rowspan="2" width="196">
<p ALIGN="JUSTIFY"><font SIZE="2">Director, President and Chief&nbsp;<br>
Executive Officer&nbsp;<br>
 (Principal Financial Officer)</p>
			</font></td>
		<td width="139">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp;
February 21, 2001
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">Gregory K. Cleveland&nbsp;&nbsp;&nbsp;
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp;
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">
<u>
/s/ Brenda L. Rebel&nbsp;&nbsp;&nbsp;</u>
</font></p>
		</td>
		<td width="196" rowspan="2">
<p ALIGN="JUSTIFY"><font SIZE="2">Director, Chief Financial<br>
Officer and Treasurer&nbsp;<br>
(Principal Accounting Officer)</p>
			</font></td>
		<td width="139">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp;February
21, 2001
</font></p>
		</td>
		<td width="94">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp;
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">Brenda L. Rebel&nbsp;&nbsp;&nbsp;
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp;
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">
<u>
/s/ Brad J. Scott&nbsp;&nbsp;&nbsp;</u>
</font></p>
		</td>
		<td width="196">
<p ALIGN="JUSTIFY"><font SIZE="2">Director&nbsp;&nbsp;&nbsp;
</font></p>
		</td>
		<td width="139">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp; February 21, 2001
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">Brad J. Scott
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp;
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">
<u>
/s/ Denise Forte-Pathroff, M.D.&nbsp;&nbsp;&nbsp;</u>
</font></p>
		</td>
		<td width="196">
<p ALIGN="JUSTIFY"><font SIZE="2">Director&nbsp;&nbsp;&nbsp;
</font></p>
		</td>
		<td width="139">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp; February 21,
2001
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">Denise Forte-Pathroff, M.D.
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp;
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">
<u>
/s/ John A. Hipp, M.D.&nbsp;&nbsp;&nbsp;</u>
</font></p>
		</td>
		<td width="196">
<p ALIGN="JUSTIFY"><font SIZE="2">Director&nbsp;&nbsp;&nbsp;
</font></p>
		</td>
		<td width="139">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp; February 21, 2001
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">John A. Hipp, M.D.
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp;
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">
<u>
/s/. Richard M. Johnsen, Jr.&nbsp;&nbsp;&nbsp;</u>
</font></p>
		</td>
		<td width="196">
<p ALIGN="JUSTIFY"><font SIZE="2">Director&nbsp;&nbsp;&nbsp;
</font></p>
		</td>
		<td width="139">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp; February 21, 2001
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">Richard M. Johnsen, Jr.
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp;
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">
<u>
/s/ David A. Erickson&nbsp;&nbsp;&nbsp;</u>
</font></p>
		</td>
		<td width="196">
<p ALIGN="JUSTIFY"><font SIZE="2">Director&nbsp;&nbsp;&nbsp;
</font></p>
		</td>
		<td width="139">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp; February 21, 2001
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">David A. Erickson
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp;
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">
<u>
/s/ Jerry R. Woodcox&nbsp;&nbsp;&nbsp;</u>
</font></p>
		</td>
		<td width="196">
<p ALIGN="JUSTIFY"><font SIZE="2">Director&nbsp;&nbsp;&nbsp;
</font></p>
		</td>
		<td width="139">
<p ALIGN="JUSTIFY"><font SIZE="2">&nbsp; February 21, 2001
</font></p>
		</td>
	</tr>
	<tr>
		<td width="217">
<p ALIGN="JUSTIFY"><font SIZE="2">Jerry R. Woodcox
</font></p>
		</td>
	</tr>
</TABLE>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;</font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font SIZE="2"><b>The Plan.</b>&nbsp;&nbsp;&nbsp;&nbsp; Pursuant to the requirements of the Securities
Act of 1933, the Plan Administrator has duly caused this registration statement
to be signed on its behalf by the undersigned, thereunto duly authorized in the
City of Bismarck, State of North Dakota on February 21, 2001.</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<div align="left">
	<table border="0" width="100%">
		<tr>
			<td width="50%"></td>
			<td width="50%" colspan="2"><font SIZE="2">BNCCORP, INC. 401(K) SAVINGS PLAN
</font>
				<p>&nbsp;</td>
		</tr>
		<tr>
			<td width="50%"></td>
			<td width="5%" valign="top"><font SIZE="2">By:&nbsp;
</font></td>
			<td width="45%"><font SIZE="2"> <u>/s/ Brenda L. Rebel&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;<br>
</u>
				Name:&nbsp; Brenda L. Rebel<br>
				Title:&nbsp;&nbsp;&nbsp; Chairman, BNCCORP, Inc. 401(k)<br>
				&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Savings Plan Administrative Committee
</font></td>
		</tr>
	</TABLE>
</div>
<p ALIGN="JUSTIFY">&nbsp;</p>
</font>

</body>

</HTML>
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{"company-data": {"conformed-name": "BNCCORP INC", "cik": "0000945434", "assigned-sic": "6021", "irs-number": "450402816", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-58584", "film-number": "1598567"}, "business-address": {"street1": "322 E MAIN", "city": "BISMARK", "state": "ND", "zip": "58501", "phone": "7012503040"}, "mail-address": {"street1": "322 E MAIN", "city": "BISMARK", "state": "ND", "zip": "58501"}}
As filed with the Securities and Exchange Commission on April
9, 2001.
Registration No.
333-
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________
FORM S-8
REGISTRATION STATEMENT
under
THE SECURITIES ACT OF 1933
__________
BNCCORP, INC.
(Exact name of Registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
45-0402816
(I.R.S. Employer Identification Number)
322 East Main
Bismarck, North Dakota 58501
(Address, including zip code, of
Registrant's principal executive office)
BNCCORP, INC. 401(k) Savings Plan
(Full title of the Plan)
__________
Gregory K. Cleveland
President and Chief Executive Officer
BNCCORP, INC.
322 East Main
Bismarck, North Dakota 58501
(701) 250-3040
(Name, address, including zip code, and telephone number,
including area code, of agent for service)
Copy to:
Margaret F. Murphy, Esq.
Jones, Walker, Waechter, Poitevent, Carrere & Denegre, L.L.P.
201 St. Charles Avenue
New Orleans, Louisiana 70170-5100
CALCULATION OF REGISTRATION FEE
Title of Securities
to be Registered
Amount
to be
Registered
(1)
Proposed Maximum
Offering
			Price
Per Share
(2)
Proposed Maximum
Aggregate
Offering Price
(2)
Amount of
Registration
Fee
Common Stock
($.01 par value per share)
Participation Interests in the Plan
150,000
$7.25
$1,087,500
$271.88
(1)
A total of 100,000 shares
		of common stock of the registrant and related participation interests in 
				the Plan were previously
		registered for sale through the Plan on Form
		S-8, Registration No. 333-24735. Upon a stock split, stock dividend or
		similar transaction in the future and during the effectiveness of this
		Registration Statement involving Common Stock of the
		Company, the number
		of shares registered shall be automatically increased to cover the additional shares in
		accordance with Rule 416(a) under the Securities
		Act of 1933.
(2)
Estimated solely for the purpose of calculating
		the registration fee pursuant to Rule 457(c) and (h) under the
		Securities Act of 1933, based on the average of the high and low price
		per share of the Common Stock on the Nasdaq Stock Market on April 5,
		2001.
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
Item 3.            
Incorporation of Documents by Reference.
The following documents, which have been filed by BNCCORP,
INC. (the "Company") and the BNCCORP, INC. 401(k) Savings Plan (the
"Plan") with the Securities and Exchange Commission (the
"Commission"), are incorporated herein by reference:
(a)         The Company's latest Annual Report on Form 10-K filed
pursuant to Section 13(a) of the Securities Exchange Act of 1934 (the "1934
Act");
(b)          All other reports filed by the Company pursuant to
Section 13(a) or 15(d) of the 1934 Act since the end of he fiscal year covered
by the Annual Report referred to in (a) above;
(c)          The description of the Common Stock incorporated by
reference in Item 1 of the Company's Registration Statement on Form 8-A
dated June 21, 1995 from page 50 of the Company's Registration Statement
on Form SB-2, Registration No. 33-92369 under the heading "Description of
Capital Stock;" and
(d)          The Plan's latest Annual Report on Form 11-K filed
pursuant to Section 15(d) of the 1934 Act.
All reports filed by the Company or the Plan with the
Commission pursuant to Sections 13(a), 13(c), 14 and 15(d) of the 1934 Act
subsequent to the date of this Registration Statement and prior to the filing of
a post-effective amendment which indicates that all securities offered have been
sold or which deregisters all securities then remaining unsold shall, except to
the extent otherwise provided by Regulation S-K or any other rule promulgated by
the Commission, be deemed to be incorporated by reference in this Registration
Statement and to be part hereof from the date of filing of such documents.
Item 4.            
Description of Securities
.
Not applicable.
Item 5.            
Interests of Named Experts and Counsel
.
Not applicable.
Item 6.
Indemnification of Directors
				and Officers.
Section 145 of the Delaware General Corporation Law provides
that a corporation may indemnify its directors and officers in a variety of
circumstances, which may include liabilities under the Securities Act of 1933.
In addition, Section 9 of the Company's By-laws requires the Company to
indemnify its officers and directors against expenses and costs, judgments,
settlements and fines incurred in the defense of any claim, including any claim
brought by or in the right of the Company, to which they were made parties by
reason of being or having been officers or directors.
In addition, each of the Company's directors has entered
into an indemnity agreement that provides that the Company will indemnify the
directors against any costs and expenses, judgments, settlements and fines
incurred in connection with any claim involving a director by reason of his
position as a director; provided that the director meets certain standards of
conduct for claims that (i) have been successfully defended, or (ii) two
impartial directors have determined that, with respect to the conduct giving
rise to such claim, the director acted in good faith. No indemnification may be
made, however, for claims in which the director has been adjudicated in a final
judgment to be liable to the Company except to the extent that the court finds
indemnification to be proper.
The Company has purchased insurance permitted by the Delaware
General Corporation Law on behalf of directors and officers, which may cover
liabilities under the Securities Act of 1933, as amended.
Item 7.            
Exemption From Registration Claimed
.
Not applicable.
Item 8.
Exhibits.
5
In lieu of filing an opinion of counsel as
				to compliance with ERISA or an Internal Revenue Service
				determination letter that the Plan, as amended, is qualified
				under Section 401 of the Internal Revenue Code, the undertaking
				permitted by Item 8.(b) of Form S-8 is included in Item 9.(d) of
				this Registration Statement.
23
Consent of Arthur Andersen LLP.
__________
Item 9.
Undertakings.
(a)        The undersigned registrant hereby undertakes:
(1)        To file, during any period in which offers or sales are
being made, a post-effective amendment to this registration statement to include
any material information with respect to the plan of distribution not previously
disclosed in the registration statement or any material change to such
information in the registration statement.
(2)         That, for the purpose of determining any liability under
the Securities Act of 1933, each such post-effective amendment shall be deemed
to be a new registration statement relating to the securities offered therein,
and the offering of such securities at that time shall be deemed to be the
initial bona fide offering thereof.
(3)        To remove from registration by means of a post-effective
amendment any of the securities being registered which remain unsold at the
termination of the offering.
(b)      The undersigned registrant hereby undertakes that, for
purposes of determining any liability under the Securities Act of 1933, each
filing of the registrant's annual report pursuant to section 13(a) or section
15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing
of an employee benefit plan's annual report pursuant to section 15(d) of the
Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.
(c)       
Insofar as indemnification for liabilities arising under
the Securities Act of 1933 may be permitted to directors, officers and
controlling persons of the registrant pursuant to the foregoing provisions, or
otherwise, the registrant has been advised that in the opinion of the Securities
and Exchange Commission such indemnification is against public policy as
expressed in the Act and is, therefore, unenforceable. In the event that a claim
for indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action, suit or
proceedings) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question of whether such
indemnification by it is against public policy as expressed in the Act and will
be governed by the final adjudication of such issue.
(d)       
The registrant will submit the amended BNCCORP, INC.
401(k) Savings Plan (the "Plan") and any further amendments thereto to
the Internal Revenue Service (the "IRS") for qualification under
Section 401 of the Internal Revenue Code in a timely manner and will make all
changes required by the IRS in order to qualify the Plan.
SIGNATURES
The Registrant.
Pursuant to the requirements of the
Securities Act of 1933, the Registrant certifies that it has reasonable grounds
to believe that it meets all the requirements for filing on Form S-8 and has
duly caused this Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Bismarck, State of North
Dakota, on February 21, 2001.
BNCCORP, INC.
/s/ Tracy Scott
Tracy Scott
Chairman of the Board
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose
signature appears below constitutes and appoints Tracy Scott and Gregory K.
Cleveland, or either one of them, his true and lawful attorney-in-fact and
agent, with full power of substitution, for him and in his name, place and
stead, in any and all capacities, to sign any and all amendments (including
post-effective amendments) to this Registration Statement, and to file the same
with all exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorney-in-fact and
agent full power and authority to do and perform each and every act and thing
requisite and ratifying and confirming all that said attorney-in-fact and agent
or his substitute or substitutes may lawfully do or cause to be done by virtue
hereof.
Pursuant to the requirements of the Securities Act of 1933,
as amended, this Registration Statement has been signed by the following persons
in the capacities and on the dates indicated.
Signature
Title
Date
/s/ Tracy Scott
Director, Chairman of the Board
(Principal Executive Officer)
February
21, 2001
Tracy Scott
/s/ Gregory K. Cleveland
Director, President and Chief
Executive Officer
(Principal Financial Officer)
February 21, 2001
Gregory K. Cleveland
/s/ Brenda L. Rebel
Director, Chief Financial
Officer and Treasurer
(Principal Accounting Officer)
February
21, 2001
Brenda L. Rebel
/s/ Brad J. Scott
Director
February 21, 2001
Brad J. Scott
/s/ Denise Forte-Pathroff, M.D.
Director
February 21,
2001
Denise Forte-Pathroff, M.D.
/s/ John A. Hipp, M.D.
Director
February 21, 2001
John A. Hipp, M.D.
/s/. Richard M. Johnsen, Jr.
Director
February 21, 2001
Richard M. Johnsen, Jr.
/s/ David A. Erickson
Director
February 21, 2001
David A. Erickson
/s/ Jerry R. Woodcox
Director
February 21, 2001
Jerry R. Woodcox
The Plan.
Pursuant to the requirements of the Securities
Act of 1933, the Plan Administrator has duly caused this registration statement
to be signed on its behalf by the undersigned, thereunto duly authorized in the
City of Bismarck, State of North Dakota on February 21, 2001.
BNCCORP, INC. 401(K) SAVINGS PLAN
By:
/s/ Brenda L. Rebel
Name:  Brenda L. Rebel
Title:    Chairman, BNCCORP, Inc. 401(k)
Savings Plan Administrative Committee