Forward Bank
Marshfield, WI
IDRSSD: 313577
Total Assets
$1.14B
Latest filing
Total Deposits
$961.93M
Latest filing
Net Interest Margin
4.37%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Forward Bank
1001 N Central Ave
Marshfield, WI 54449
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1919FDIC Certificate 41364
Branches (14)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Forward Bank (Main) | 1001 N Central Ave | Marshfield, WI |
| PHILLIPS BRANCH | 110 County Road F | Phillips, WI |
| THORP BRANCH | 105 S Washington St | Thorp, WI |
| PARK FALLS - SOUTH OFFICE | 177 4th Ave S | Park Falls, WI |
| LAKE CITY BRANCH | 201 E Marion St | Lake City, MN |
| MEDFORD WI BRANCH | 721 S 8th St | Medford, WI |
| STANLEY OFFICE | 240 S Broadway St | Stanley, WI |
| FORWARD BANK BRANCH | 225 Alfred St | Athens, WI |
Showing 7 of 14
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | State chartered stock savings banks / S&L |
| Primary Regulator | FDIC |
| Established Date | 01/01/1919 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 54449 |
| State and County Number | 55141 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 07 |
| Numeric code | 41 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Wisconsin Rapids-Marshfield, WI |
Operational Info
| Number of Employees | 203 |
| Domestic Offices | 15 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 05/03/2024 |
| Date of Deposit Insurance | 08/09/1989 |
| Primary Insurance Agency | DIF |
| Website | www.forward.bank |
| Data Updated | 11/14/2025 |
| CERT | 28530 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $1.14B |
| Total Deposits | $961.93M |
| Total Liabilities | $1.03B |
| Total Equity Capital | $104.35M |
| Net Income | $3.04M |
| Net Loans and Leases | $832.51M |
| Assets Per Employee ($Millions) | $5.42M |
| Bank Premises and Fixed Assets | $37.05M |
| Cash and Balances due from Depository Institutions | $21.61M |
| Deposits Held in Domestic Offices | $961.93M |
Key Performance Ratios
| Return on Assets (ROA) | 1.07% |
| Return on Equity (ROE) | 11.9% |
| Net Interest Margin | 4.37% |
| Efficiency Ratio | 71.9% |
| Tier 1 Risk-Based Capital Ratio | 11.727% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.168% |
| Earning Assets to total Assets | 90.48% |
Income and Expense
| Total Interest Income | $15.39M |
| Total Noninterest Income | $2.95M |
| Total Interest Expense | $4.24M |
| Total Noninterest Expense | $10.34M |
| Net Interest Income | $11.16M |
| Pre-tax Net Operating Income | $3.77M |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $52.95M |
| Federal Funds Sold & Reverse Repurchase Agreement | $266.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $18.96M |
| Total Liabilities and Capital | $1.14B |
Securities
| Securities | $193.42M |
| Available-for-sale debt securities | $193.16M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $263.00k |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Forward Bank?
$1.14B as of the latest filing.
How much are Forward Bank's total deposits?
$961.93M in total deposits.
Where is Forward Bank located?
Marshfield, WI.
What is the Net Interest Margin?
4.37%.
How many domestic offices does it operate?
15.
When was it established?
01/01/1919.
What is the Return on Assets (ROA)?
1.07%.
How much are total loans and leases?
$832.51M (latest filing).
What is the total interest income (latest filing)?
$15.39M.