Bank Forward
Fargo, ND · Owner: BK Forward Employee STK Ownership Plan & TR
$1.1B
total assets, June 30, 2026
$1.1B
total assets, June 30, 2026
Bank Forward is a state nonmember bank based in Fargo, ND, owned by BK Forward Employee STK Ownership Plan & TR. As of June 30, 2026 it held $1.1 billion in assets and $935.4 million in deposits; assets were up 9.5% from a year before. It has 12 branches in 2 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$1.1B
+9.5% in a year · -4.0% in a quarter
Deposits
$935M
+13.5% in a year · -4.3% in a quarter
Loans
$901M
+6.4% in a year · +4.5% in a quarter
Profit so far
$9.9M
Jan 1 to Jun 30, 2026 · +5.0% in a year
Capital ratio
10.17%
-0.77 pts in a year
Return on assets
1.73%
-0.09 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 5650 37th Ave S, Fargo, ND, 58104
- County
- Cass
- Holding company
- BK Forward Employee STK Ownership Plan & TR
- Established
- Sep 5, 1927
- Employees
- 217
- Branches
- 12 in 2 states
- Website
- www.bankforward.com
- Id
- b8941
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
12 offices as of June 30, 2026, holding $935.4 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| North Dakota | 10 | $836M | 89.4% |
| Minnesota | 2 | $99.2M | 10.6% |
| Largest branches | Place | Deposits |
|---|---|---|
| Jamestown Branch | Jamestown, ND | $186M |
| Valley City Branch | Valley City, ND | $155M |
| Bank Forward (main office) | Fargo, ND | $136M |
| Carrington Banking House Branch | Carrington, ND | $100M |
| Grand Forks Branch | Grand Forks, ND | $73.0M |
| New Rockford Branch | New Rockford, ND | $66.5M |
| Walker Branch | Walker, MN | $64.3M |
| Cooperstown Banking House Branch | Cooperstown, ND | $63.9M |
| Bemidji Branch | Bemidji, MN | $34.9M |
| Hannaford Branch | Hannaford, ND | $32.7M |
Related pages
Questions and answers
How big is Bank Forward?
$1.1 billion in total assets and $935.4 million in deposits as of June 30, 2026, with assets up 9.5% from a year before. Its loans were $900.7 million.
How many branches does Bank Forward have?
12 branches in 2 states as of June 30, 2026. The most deposits are in North Dakota ($836.2 million).
Is Bank Forward profitable?
Yes: it earned $9.90 million from January 1 to June 30, 2026 (up 5.0% from the same months a year before). Its return on assets was 1.73% a year; about 1% is typical.
Who owns Bank Forward?
Bank Forward is owned by BK Forward Employee STK Ownership Plan & TR, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.