# BANK FORWARD
FARGO, ND · FDIC certificate 8941 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.13B | |
| Deposits | $935.4M | |
| Loans and leases | $900.7M | |
| Total equity | $118.9M | |
| Loans / deposits | 95.64% (p76 of band) | 87.10% |
| Liquid assets / assets | 15.18% (p24 of band) | |
| Uninsured deposits / deposits | 23.23% (p25 of band) | 30.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 5.80% (p49 of band) | |
| FHLB advances / assets | 5.80% | |
| Tier 1 leverage | 10.17% (p41 of band) | 10.50% |
| Unrealized securities loss / equity | -2.48% (p77 of band) | -7.75% |
| AOCI / equity | -0.27% (p52 of band) | |
| ROA (annualized) | 1.72% (p79 of band) | 1.26% |
| Net interest margin | 3.63% (p45 of band) | 3.70% |
| Efficiency ratio | 65.80% (p71 of band) | |
| Noncurrent loans | 0.67% (p61 of band) | 0.51% |
| Net charge-offs (annualized) | 0.00% (p28 of band) | |
| Reserve coverage of noncurrent | 102.20% | |
| Real estate % of loans | 72% | |
| Construction % of loans | 50.46% (p53 of band) | |
| Auto loans | $12.6M (1.39% of loans; DQ 0.10%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 13.5% | |
| Employees | 217 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 1 |  | charge-offs p90 |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 2 | loans exceed deposits |  |
| 2012-12 | 1 |  | loans exceed deposits |
| 2013-03 | 2 | capital falling |  |
| 2013-06 | 2 |  |  |
| 2013-09 | 1 | loans exceed deposits | reserve under noncurrent, capital falling |
| 2013-12 | 0 |  | loans exceed deposits |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 1 | loans exceed deposits |  |
| 2014-12 | 0 |  | loans exceed deposits |
| 2015-03 | 1 | charge-offs p90 |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 0 |  | charge-offs p90 |
| 2016-03 | 0 |  |  |
| 2016-06 | 2 | loans exceed deposits, reserve under noncurrent |  |
| 2016-09 | 1 |  | reserve under noncurrent |
| 2016-12 | 0 |  | loans exceed deposits |
| 2017-03 | 1 | capital falling |  |
| 2017-06 | 2 | loans exceed deposits |  |
| 2017-09 | 2 | liquid assets <10% | capital falling |
| 2017-12 | 1 |  | liquid assets <10% |
| 2018-03 | 1 |  |  |
| 2018-06 | 2 | liquid assets <10% |  |
| 2018-09 | 3 | wholesale funding >15% |  |
| 2018-12 | 1 |  | liquid assets <10%, wholesale funding >15% |
| 2019-03 | 1 | capital falling | loans exceed deposits |
| 2019-06 | 1 | loans exceed deposits | capital falling |
| 2019-09 | 0 |  | loans exceed deposits |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 2 | wholesale funding >15% |  |
| 2020-09 | 1 |  | wholesale funding >15% |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 0 |  |  |
| 2021-06 | 1 | construction >100% equity |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 0 |  | construction >100% equity |
| 2022-09 | 1 | construction >100% equity |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 2 | loans exceed deposits |  |
| 2023-09 | 2 | capital falling | loans exceed deposits |
| 2023-12 | 1 |  | capital falling |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | loans exceed deposits |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 0 |  | construction >100% equity, loans exceed deposits |
| 2025-03 | 1 | uninsured deposits leaving |  |
| 2025-06 | 2 | loans exceed deposits |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 0 |  | uninsured deposits leaving, loans exceed deposits |
| 2026-03 | 0 |  |  |
| 2026-06 | 1 | capital falling |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-07-25 [Bank Forward hires Landen as Chief Risk Officer - InForum](https://news.google.com/rss/articles/CBMitgFBVV95cUxOYmo2ZzBKaHRjcFhoVDZQZ1JVZU9OZGwwaUw4RWJWcGZ5VnI2YUdad0E0NzlHSlZZdVFnU2lNa2RqcEtVTXlVb1l2VTZNRXNRZTVQZ21WVTBIOGxxNm51ZUVjOWd2Sm1XZlJCcEcxU1MyVW40eGlOd1dNV0NHdUp5d0w3UEN0Q05qcE9lYzVxVFhJaG5lRGNSRkpiTWMtVjFHemhYR21pZWNzeXFRTFUtbjhxTnlMdw?oc=5) · InForum
- 2026-03-31 [How Danske Bank is Betting Big on AI and Polish Talent to Deliver Forward ’28 - Disruption Banking](https://news.google.com/rss/articles/CBMivwFBVV95cUxNUUl2enJvOHhnY05rYlFIWU54N2h0YkFYb3JvU1JJeFZsT3czRDNXN3FNU2YwNmRtd0RJSTZZYUVBVURpMjlXLTZrakFfRHBaNkJUZzJjQU90VHhBVEdEWXdkR25GQ0tYR1h0aDkwVGswYVJaR1V5eFlVNHRPTi1IX05IeXlKNXl2ZkQxemU1bHNfWk1YZjRDajVzSkNhZmFrdzdvbWpyT0hhR0xRSWNleGNFZmxReEd4Q0NpbHF0RQ?oc=5) · Disruption Banking
- 2024-04-20 [Bank Forward Reaches $1 Billion in Assets - Bemidji Pioneer](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNRlRDWkZxOHhFRE5mRkFpeFZGeXo2YVh6b0FyN2E0VFhTRFBSN3pEMEpCcU0xbVZDVUpHZnFzQ1djdnhSQ1lHY1BNczl1VVNWMnpkNmUxcktWQXQ4NWRmajB1OF9WRDBWc2drZmVhdk5BVXNYc0xWaVhrQUtXaUEzemxsMVFhT2l6NUFBZFJrejNjaG1SaWdrV2xkbXB3OW44M2NXdkEtMVlOODlMR2owZ2pzZGhLR1pwQjNsWHpidVdkOVVlUWVlaWFxY0Y4cWN3eFJvUmh2eHlFSW9r?oc=5) · Bemidji Pioneer
- 2021-08-08 [New Bank Forward facility nearing completion - Grand Forks Herald](https://news.google.com/rss/articles/CBMijwFBVV95cUxPVHJ3emRpQ29ISVczSi1GcjhrZFZKU1V1YTU1blg1d1I2SG9zNHF2N1ZKaVItTkVWMHBEcV81VVlaM29mMzdoOWNPSFRoR2Z1ZDhJSmZZU0ctUEJLLWE3aUUtRlFiaXJVQ1VQRTl3dXQ5Sm92ZVMzazkwd2xXdHBaaXUzc2JQdVhjVnpjTTh1cw?oc=5) · Grand Forks Herald
- 2021-12-08 [Three Promoted at Bank Forward in Valley City, Fargo - News Dakota](https://news.google.com/rss/articles/CBMilAFBVV95cUxOWXhKYjFucjgyR2tMdmhIYkg1cWJpajc0MDhtSU83cXJOVFlIbzB1bDRjZldlOEl2bTJtejRSTXZiaXBEc2hQTTEyMGFmNHp3dm1RUmFRRXJxd0VCSzdCd19XY01vNmJTa0NRbmxadFE1Z0lDV2tDZlozRHNZRC1VdVBBSE4tZ2tvMFNZYlphdmFNMC01?oc=5) · News Dakota
- 2025-02-22 [Ben Sletto joins staff of Bank Forward - Jamestown Sun](https://news.google.com/rss/articles/CBMiggFBVV95cUxQQmxxUTdhMXd1ZjRmbmZTTGZIZUpvVnF2dXVYVEk4aV9odzRhNmViZmlubnphcDdKVlZJcjFNckY5R2gtY1plb0NlT0lwX1Z1S3VRcjJ5WlBNRFVoMGgtMldYaG15NklWVmNvRFE1NWt4bHlVWTF0dFU4X29zQXdmVjl3?oc=5) · Jamestown Sun
- 2020-07-07 [Deutsche Bank and Google to form strategic global, multi-year partnership to drive a fundamental transformation of banking - Deutsche Bank AG](https://news.google.com/rss/articles/CBMi8wFBVV95cUxPTmpZck04aGQ0VUJteWd4eG05WGdqTTZGc1VXVVFNX2xhcnhSUFZLUjl6VkJKOHk0WkdRR0JMTzNmN3E1WWFHam1fNllNc0hqbkRDX3dfUWZ4T2hpZFlZQkxDM3MycnB6MjVRaFEyeHlmSEZxTUFraDNTZGZ5WjJYTXNLMDlYdzZIZV92MHJHX0FfX2FIZUNHY2lLSWNkRmNoaElRY2VnNDBFMVA1ajVkcVI3VHV0MEo2NS13SEFzMC0tUkpZd0hwSVFSTjZ1WXZuZENBSUhEOEh1Nm1sLUdxWHBsck1WTktWNUVJUWo0aDVrN2s?oc=5) · Deutsche Bank AG
- 2024-10-10 [TD Bank Group Announces Resolution of AML Investigations - TD Stories](https://news.google.com/rss/articles/CBMimAFBVV95cUxOZGszTGN1c2UzZHp5WXZlQndFVG9kc1ZjY09KVmtJaFU2V1dmZWJrYUF4bWNNeXB1Qzg2bnkweUlzelRUY09OMFNXVl9WMlM1QWxPQzZFWDdCX05tY0dlS252SkNTMUVxOUtuTWsyR2gtQUExeTJKRngyMndFdVNtb3I0XzVvQTcxOVZ4djFPZ0p6a0tkNUEtZQ?oc=5) · TD Stories

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8941 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/45.json (key "8941", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide