Forward Bank
Marshfield, WI · Owner: Forward Mutual Holding Co
$1.3B
total assets, June 30, 2026
$1.3B
total assets, June 30, 2026
Forward Bank is a state savings bank based in Marshfield, WI, owned by Forward Mutual Holding Co. As of June 30, 2026 it held $1.3 billion in assets and $1.0 billion in deposits; assets were up 14.1% from a year before. It has 15 branches in 2 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$1.3B
+14.1% in a year · +6.4% in a quarter
Deposits
$1.0B
+9.5% in a year · +3.5% in a quarter
Loans
$947M
+13.9% in a year · +6.1% in a quarter
Profit so far
$5.5M
Jan 1 to Jun 30, 2026 · +10.4% in a year
Capital ratio
9.18%
+0.45 pts in a year
Return on assets
0.90%
+0.01 pts in a year
Facts
- Type
- State savings bank
- Head office
- 1001 N Central Ave, Marshfield, WI, 54449
- County
- Wood
- Holding company
- Forward Mutual Holding Co
- Established
- Jan 1, 1919
- Employees
- 231
- Branches
- 15 in 2 states
- Website
- www.forward.bank
- Id
- b28530
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
15 offices as of June 30, 2026, holding $1.0 billion in deposits
Branch map
Every branch, sized by its deposits
| Largest branches | Place | Deposits |
|---|---|---|
| Forward Bank (main office) | Marshfield, WI | $328M |
| Medford Wi Branch | Medford, WI | $90.9M |
| Lake City Branch | Lake City, MN | $80.2M |
| Park Falls - South Office | Park Falls, WI | $77.2M |
| Greenwood Branch | Greenwood, WI | $69.9M |
| Thorp Branch | Thorp, WI | $68.5M |
| Withee Branch | Withee, WI | $66.5M |
| Colby Branch | Colby, WI | $62.1M |
| Phillips Branch | Phillips, WI | $59.7M |
| Stanley Office | Stanley, WI | $51.7M |
Related pages
Questions and answers
How big is Forward Bank?
$1.3 billion in total assets and $1.0 billion in deposits as of June 30, 2026, with assets up 14.1% from a year before. Its loans were $947.1 million.
How many branches does Forward Bank have?
15 branches in 2 states as of June 30, 2026. The most deposits are in Wisconsin ($956.7 million).
Is Forward Bank profitable?
Yes: it earned $5.49 million from January 1 to June 30, 2026 (up 10.4% from the same months a year before). Its return on assets was 0.90% a year; about 1% is typical.
Who owns Forward Bank?
Forward Bank is owned by Forward Mutual Holding Co, 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.