TellerScore

Forward Bank (FDIC certificate #28530) is based in Marshfield, Wisconsin. Its Q2 2026 call report shows $1.3B in total assets and $1.0B in deposits and 15 offices across 2 states.

Based on its Q2 2026 filing, Forward Bank scores 64/100, which we describe as moderate. That is higher than only 33% of 897 banks with $1 billion – $10 billion. Among 154 banks headquartered in Wisconsin, it ranks 119th. Its strongest component is problem-loan coverage (96/100; 2.1%), and its lowest is capital cushion (42/100; 9.18%).

TellerScore · Q2 2026

Scorecard

Capital cushion42/100
Tier 1 leverage ratio: 9.18%
Loan quality91/100
Noncurrent loans ÷ total loans: 0.28%
Earnings56/100
Return on assets (annualized): 0.90%
Funding & liquidity51/100
Loans ÷ deposits and uninsured-deposit share: 90.5% · 32.2% uninsured
Problem-loan coverage96/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 2.10%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 2 points (62 → 64), mostly because the capital cushion component improved by 5 points.

TellerScore
626465Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202465
Q3 202464
Q4 202462
Q1 202562
Q2 202562
Q3 202563
Q4 202562
Q1 202664
Q2 202664
Tier 1 leverage ratio
5.00%7.18%9.36%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20248.58%
Q3 20248.39%
Q4 20248.40%
Q1 20258.57%
Q2 20258.73%
Q3 20258.82%
Q4 20258.63%
Q1 20269.36%
Q2 20269.18%
Noncurrent loans
0.20%0.31%0.41%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.20%
Q3 20240.26%
Q4 20240.41%
Q1 20250.33%
Q2 20250.39%
Q3 20250.39%
Q4 20250.39%
Q1 20260.33%
Q2 20260.28%
Return on assets
0.85%0.98%1.11%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20241.11%
Q3 20241.07%
Q4 20240.86%
Q1 20250.85%
Q2 20250.89%
Q3 20250.95%
Q4 20250.94%
Q1 20260.92%
Q2 20260.90%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202664$1.3B9.18%0.28%0.90%90.5%
Q1 202664$1.2B9.36%0.33%0.92%88.3%
Q4 202562$1.2B8.63%0.39%0.94%86.1%
Q3 202563$1.1B8.82%0.39%0.95%86.5%
Q2 202562$1.1B8.73%0.39%0.89%86.9%
Q1 202562$1.1B8.57%0.33%0.85%85.1%
Q4 202462$1.1B8.40%0.41%0.86%83.8%
Q3 202464$1.1B8.39%0.26%1.07%83.8%
Q2 202465$1.1B8.58%0.20%1.11%86.2%

897 peers · $1 billion – $10 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio9.18%
16th
Total risk-based capital12.83%
39th
Problem loans0.28%
69th
Net charge-offs0.02%
60th
Return on assets0.90%
24th
Net interest margin4.46%
87th
Efficiency ratio73.0%
16th
Loans to deposits90.5%
39th
Uninsured deposits32.2%
46th
Loan-loss reserves0.96%
26th
Texas ratio2.1%
68th

Similar-size banks in Wisconsin

InstitutionScoreAssetsCapitalProblem loansCompare
Citizens BankBank Mukwonago, WI83 out of 100, Strong$1.2B13.6%0.30%vs
Bankers' BankBank Madison, WI69 out of 100, Moderate$1.5B14.7%0.55%vs
Bank of Wisconsin DellsBank Wisconsin Dells, WI79 out of 100, Strong$1.1B12.1%0.09%vs
Ixonia BankBank Ixonia, WI67 out of 100, Moderate$1.1B10.0%0.25%vs
Peoples State BankBank Wausau, WI56 out of 100, Moderate$1.5B10.2%1.40%vs
Great Midwest Bank, S.S.B.Bank Brookfield, WI80 out of 100, Strong$1.1B16.5%0.56%vs

Deposit insurance

Is my money safe at Forward Bank?

Yes. Forward Bank is an FDIC-insured institution (FDIC certificate #28530). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 32.2% of deposits ($333.7M) are above the $250,000 FDIC insurance limit, close to the peer median of 31%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 9.18%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 12.83% (benchmark: 10%).

Check how much of your own balance is covered

15 locations

Branches

Forward Bank lists 15 offices in 15 cities across 2 states. Most locations:

  • Athens, WI (1)
  • Colby, WI (1)
  • Dorchester, WI (1)
  • Greenwood, WI (1)
  • Lake City, MN (1)
  • Marshfield, WI (1)
  • Medford, WI (1)
  • Park Falls, WI (1)
  • Phillips, WI (1)
  • Rib Lake, WI (1)
  • Saint Germain, WI (1)
  • Stanley, WI (1)

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Forward Bank reported 463 home-loan applications under HMDA (LEI 254900IER2H3R8YLBW04): 382 originated ($90,930,000 total), 19 denied, and 12 withdrawn or closed by the applicant. Its denial rate on decided applications was 4.2%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Forward Bank
Former names
Forward Financial Bank SSB; Marshfield Savings Bank; Marshfield Savings Bank, Savings Association; Forward Financial Bank; Marshfield Savings and Loan Association
Type
SI
FDIC certificate #
28530
RSSD ID
313577
Primary regulator
FDIC
Holding company
Forward Mutual Holding Co
Established
January 1, 1919
Headquarters
1001 N Central Ave, Marshfield, WI 54449
Employees
231

Quick answers

Forward Bank: common questions

Is Forward Bank FDIC insured?

Yes. Forward Bank is an FDIC-insured institution (FDIC certificate #28530). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Forward Bank's TellerScore?

64 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has Forward Bank ever failed?

There is no failure record for FDIC certificate #28530 in the FDIC failed bank list.

How many branches does Forward Bank have?

15 offices as of the latest FDIC data, in 2 states.

Nearby

Highest-scoring banks and credit unions with branches near Marshfield

InstitutionScoreAssetsCapitalProblem loansCompare
First Choice Credit UnionCredit union Marshfield, WI89 out of 100, Very strong$51.0M16.3%0.65%vs
Partners Bank of WisconsinBank Marshfield, WI86 out of 100, Very strong$294.2M14.7%0.36%vs
Valley Communities Credit UnionCredit union Mosinee, WI83 out of 100, Strong$306.9M13.0%0.28%vs
Citizens State Bank of LoyalBank Loyal, WI80 out of 100, Strong$311.5M11.5%0.00%vs
Prevail BankBank Medford, WI74 out of 100, Strong$1.0B12.6%0.20%vs
Taylor Credit UnionCredit union Medford, WI74 out of 100, Strong$89.1M10.3%0.21%vs