Bank Forward
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Data as of · sourced from FFIEC call reports. How we update
Bank Forward is an FDIC-insured commercial bank headquartered in Fargo, ND, established in 1927 (FDIC certificate 8941), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $1.13B, up 9.5% from Q2 2025, the 12th largest of 60 banks headquartered in North Dakota. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.17% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 8941
- Headquarters
- Fargo, ND
- Established
- 1927
- Total assets, Q2 2026
- $1.13B
- Assets vs Q2 2025
- +9.5%
- Tier 1 leverage ratio, Q2 2026
- 10.17%
- Domestic offices
- 12 FDIC institution directory, current count
- Routing number
- 091310864
- Latest call report
- Q2 2026, FFIEC 051 · Bank Forward call report
- Holding company
- SECURITY STATE BANK HOLDING COMPANY
- Asset rank in state
- 12th of 60 in North Dakota
Problem loans are rising at Bank Forward. Its balance sheet stood at $1.1 billion at June 30, 2026, up 9.5% from a year earlier; it is based in Fargo, North Dakota. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.67% of loans from 0.33% a year earlier. It grew deposits 13.5% over the year, 2.7 times the median of 5.1% for the 895 banks with $1 billion to $10 billion in assets. It also holds about a quarter of its deposits (23%) above the FDIC insurance limit, lower than about three-quarters of banks its size (median 30.9%).
Deposits are coming in faster than loans: over the year loans rose 6.4% and deposits rose 13.5%.
As of June 30, 2026, Bank Forward reported a return on assets of 1.66%, a nonperforming-loan ratio of 0.67% and a Texas ratio of 6.67%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Bank Forward is the 12th largest of the 60 banks headquartered in North Dakota. From Q1 2026 to Q2 2026, its total assets fell 4.0% to $1.13B, loans rose 4.5% and deposits fell 4.3%. Its loan book on June 30, 2026 was led by agricultural production loans, at 22.3% of total loans, followed by multifamily loans at 16.2%. The FDIC Summary of Deposits lists 12 offices for it, in 12 cities across 2 states; its Jamestown office books 20% of its branch deposits. On its Q2 2026 call report, Bank Forward meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 5650 37th Ave S, Fargo, ND 58104
- County
- Cass
- Metro Area
- Fargo, ND-MN
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- September 5, 1927
- Former names
- Security State Bank of North Dakota (1991-2007)
- Domestic offices
- 12 FDIC institution directory, current count
- Employees (FTE)
- 217
- Domestic deposits
- $935.4M
- Allowance for credit losses
- $6.1M
- Net charge-offs (YTD)
- $15K
- Average total assets
- $1.16B
- Average total loans
- $875.8M
- Average interest-bearing deposits
- $630.3M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 8941
- Fed RSSD
- 812557
- Website
- WWW.BANKFORWARD.COM →
- Parent Holding Company
- SECURITY STATE BANK HOLDING COMPANY (RSSD 1124257)
- Ultimate Parent
- RSSD 4932798
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Bank Forward reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Bank Forward's total assets ranged from $978.1M (Q3 2023) to $1.18B (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.13B total assets against $1.03B; $1.01B total liabilities against $918.9M.
$894.6M net loans and leases against $840.6M; $935.4M total deposits against $824.3M.
$52.7M securities against $47.1M; $118.8M cash and balances due against $81.1M.
$15.2M total interest income against $14.0M; $5.3M total interest expense against $4.9M.
$9.9M net interest income against $9.1M.
$4.3M total noninterest income against $4.7M; $9.3M total noninterest expense against $9.6M.
$179K provision for credit losses against -$239K.
$4.8M net income against $4.4M.
1.66% return on assets against 1.71%; 3.67% net interest margin against 3.78%.
10.17% tier 1 leverage ratio against 10.94%.
Inside the full Bank Forward terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Bank Forward rankings
Its closest position to the top of a national ranking is 929 of 4,196, for total assets; its furthest is 749 of 980, for uninsured deposits.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.25% (Q4 2024) to 1.97% (Q3 2025) and its net interest margin ran from 3.37% (Q3 2024) to 3.79% (Q3 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.17% | 1.66% | 0.67% | 6.67% | 3.67% |
| Q1 2026 | 10.79% | 1.77% | 0.61% | 5.74% | 3.47% |
| Q4 2025 | 11.13% | 1.44% | 0.68% | 6.43% | 3.71% |
| Q3 2025 | 11.05% | 1.97% | 0.66% | 6.49% | 3.79% |
| Q2 2025 | 10.94% | 1.71% | 0.33% | 4.56% | 3.78% |
| Q1 2025 | 10.96% | 1.94% | 0.58% | 4.62% | 3.40% |
| Q4 2024 | 10.53% | 1.25% | 0.39% | 3.49% | 3.40% |
| Q3 2024 | 10.49% | 1.73% | 0.43% | 3.39% | 3.37% |
Swipe the table sideways to see every column.
Branch Network
View all 12 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Jamestown Branch | Jamestown , ND | 58401 | $185.8M |
| Valley City Branch | Valley City , ND | 58072 | $155.4M |
| Bank Forward (main office) | Fargo , ND | 58104 | $135.7M |
| Carrington Banking House Branch | Carrington , ND | 58421 | $100.0M |
| Grand Forks Branch | Grand Forks , ND | 58201 | $73.0M |
| New Rockford Branch | New Rockford , ND | 58356 | $66.5M |
| Walker Branch | Walker , MN | 56484 | $64.3M |
| Cooperstown Banking House Branch | Cooperstown , ND | 58425 | $63.9M |
| Bemidji Branch | Bemidji , MN | 56601 | $34.9M |
| Hannaford Branch | Hannaford , ND | 58448 | $32.7M |
| Bowdon Paying and Receiving Branch | Bowdon , ND | 58418 | $13.0M |
| Wimbledon Paying and Revceiving Bran | Wimbledon , ND | 58492 | $10.3M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| April 1, 2006 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 1, 2006 | Structure Change | Acquired Centennial National Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 16, 1993 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 16, 1993 | Structure Change | Acquired Farmers State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 1, 1991 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 1991 | Structure Change | Acquired Farmers & Merchants Bank of Wimbledon Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 6 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 1.9% of deposits in ND, rank 16 of 70 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 178 applications, 152 loans originated, $70.2M originated, across 6 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 4 loans, $635K approved, $159K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2022 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Bank Forward
What are Bank Forward's total assets?
As of the Q2 2026 filing, Bank Forward reported total assets of $1.13 billion in its FFIEC call report.
Where is Bank Forward headquartered?
It is headquartered in Fargo, ND, United States.
When was Bank Forward founded?
It was established in 1927, per the FDIC institution directory.
Is Bank Forward FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #8941). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Bank Forward?
Bank Forward's primary federal regulator is the FDIC.
How many branches does Bank Forward operate?
It operates 12 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Bank Forward's Texas Ratio?
Its Texas Ratio is 6.67% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Bank Forward previously called?
The charter now named Bank Forward has also operated as Security State Bank of North Dakota (1991-2007), per FDIC structure-change records.
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