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Forward Bank
Marshfield, WI · FDIC Certificate #28530 · Chartered 01/0
Total assets
$1.28B
Total deposits
$1.04B
Total equity
$118.75M
Net loans
$938.08M
Branches (offices)
15
Net income (YTD)
$5.49M
Rank: #854 of 4,213 U.S. banks by assets · #23 of 153 in Wisconsin. Assets changed 14.1% and deposits 9.5% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.90% |
| Return on equity | 9.68% |
| Net interest margin (YTD) | 4.46% |
| Equity to assets | 9.25% |
| Tier 1 leverage ratio | 9.18% |
| Uninsured deposits (share of deposits) | 32.2% |
| Noncurrent loans (share of loans) | 0.28% |
| Net charge-offs (share of loans) | 0.02% |
| Loans to deposits | 90.5% |
| Real estate loans (share of loans) | 74.1% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $695.55M | 74.1% | |
| Commercial & industrial | $150.93M | 16.1% | |
| Consumer / individual | $27.69M | 3.0% | |
| Construction & development | $45.39M | 4.8% | |
| Agricultural | $59.38M | 6.3% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $897.88M | $799.93M | $3.21M | $72.98M |
| Jun 2023 | $936.81M | $786.62M | $2.76M | $76.20M |
| Jun 2024 | $1.08B | $903.49M | $5.72M | $88.64M |
| Jun 2025 | $1.12B | $947.32M | $4.97M | $99.90M |
| Jun 2026 | $1.28B | $1.04B | $5.49M | $118.75M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Wisconsin | $956.69M | 14 |
| Minnesota | $80.25M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $1.04B.
Similar-sized banks
Savings Bank Of Mendocino County ($1.28B) · Synergy Bank ($1.28B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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