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 Bank Forward
Bank Forward
| RSSD ID 812557 | CERTIFICATE 8941 | ABA NUMBER 91310864 |
| 5650 37th Ave S |
Quarter Ended : |
2025-03-31 |
| Fargo, North Dakota, 58104 |
Updated : |
2025-04-23 |
| WWW.BANKFORWARD.COM |
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| Institution Profile |
| Year Opened : |
1927 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
12 |
Number of Employees : |
230 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,054,000 |
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Total Interest Income | 13,375 |
| Total Liabilities | 939,102 |
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Total NonInterest Income | 6,404 |
| Total Bank Equity Capital | 114,898 |
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Total Interest Expense | 5,100 |
| Total Deposits | 873,294 |
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Total NonInterest Expense | 9,462 |
| Net Loans & Leases | 833,140 |
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Net Income | 5,040 |
| Loan Loss Allowance | 5,837 |
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Net Charge Offs | (39) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 832,614 |
| Total assets for the leverage ratio | 1,035,839 |
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Loans secured by real estate: | 620,455 |
| Tier 1 Leverage Ratio | 10.96 |
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Commercial and industrial loans | 36,319 |
| Off Balance Sheet Exposures (%) | 2.89 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 24,266 |
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:· Bank Forward
