Forward Bank
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.3 on a scale of 0 to 10). Good current capitalization (6.6 on a scale of 0 to 10) based on a risk-based capital ratio of 12.3 and a capital leverage ratio of 8.6.
Other Rating Factors:
A current level of 6.0 percent of nonperforming loans to core capital combined with 4.9 percent from a year earlier contributes to the Good asset quality (6.0). Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.9 has resulted in Fair (4.4) profitability.
Asset Mix:
Home mtgs (20%), securities (17%), comm re (14%), comm loans (11%), home eq lns (3%), consumer loans (2%), cash (2%), other (31%)
States with Branches:
MN, WI
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Forward Mutual Holding Company
Investment Rating
--
Address
1001 North Central Avenue
Marshfield, WI 54449
Marshfield, WI 54449
Phone Number
(715) 387-1122
Year Founded
1919
FDIC Number
Website
Largest Affiliates
No affiliate information available.