Forward Financial Bank SSB in Marshfield, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Forward Financial Bank SSB in Marshfield, Wisconsin (WI)
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Forward Financial Bank SSB - Overview

  • General
  • FDIC Certificate #: 28530
    Status: Active
    Federal Reserve ID: 313577
    Date Established: January 01, 1919
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 1781
    FDIC's unique #: 41364
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 27, 1949
    Last Structure Change Effective Date: October 01, 2010
    Last Structure Change Process Date: October 19, 2010
    Last Data Update: October 19, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 207 West Sixth Street, Marshfield, WI 54449
    County: Wood
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Eau Claire
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Marshfield-Wisconsin Rapids, WI (#32270)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $270.9 mil
    Equity capital: $29.6 mil
    Deposits held in domestic offices: $209.4 mil
    Return on assets (ROA): 0.12% ($0.3 mil)
    Quarterly return on assets: 0.01% ($0.0 mil)
    Return on Equity (ROE): 1.09% ($0.3 mil)
    Quarterly return on equity: 0.05% ($0.0 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.14% ($379.2 mil)
    Quarterly Pretax return on assets: -0.10% (-$270.9 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 85Total employees (full-time equivalent)
  • $270,864Total assets
  • $15,449Cash and due from depository institutions
  • $8,948Interest-bearing balances
  • $27,787Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $200,070Net loans & leases
  • $2,573Loan loss allowance
  • $0Trading account assets
  • $7,089Bank premises and fixed assets
  • $862Other real estate owned
  • $6,940Goodwill and other intangibles
  • $270,864Life insurance assets
  • $12,667All other assets
  • $241,229Total liabilities and capital
  • $209,356Total liabilities
  • $164,653Total deposits
  • $209,356Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $30,500Trading liabilities
  • $0Other borrowed funds
  • $1,373Subordinated debt
  • $29,635All other liabilities
  • $29,635Total equity capital
  • $29,635Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $5,750Surplus
  • $23,884Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,276Income earned, not collected on loans
  • $0Earning assets
  • $735Long-term assets (5+ years)
  • $236,805Average Assets, year-to-date
  • $39,708Average Assets, quarterly
  • $266,809Volatile liabilities
  • $268,716Insider loans
  • $206,051FHLB advances
  • $259,687Loans and leases held for sale
  • $7,136Unused loan commitments
  • $4,913Tier 1 (core) risk-based capital
  • $23,050Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,223Total unused commitments
  • $30,210Restructured Loans and leases
  • $215Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,707Total interest income
  • $2,599Total interest expense
  • $9,108Net interest income
  • $1,877Provision for loan and lease losses
  • $2,503Total noninterest income
  • $0Fiduciary activities
  • $375Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,128Additional noninterest income
  • $9,359Total noninterest expense
  • $4,665Salaries and employee benefits
  • $1,620Premises and equipment expense
  • $3,074Additional noninterest expense
  • $375Pre-tax net operating income
  • $0Securities gains (losses)
  • $55Applicable income taxes
  • $320Income before extraordinary items
  • $0Extraordinary gains - net
  • $320Net income attributable to bank
  • $0Net charge-offs
  • $320Cash dividends
  • $1,546Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.00%Yield on earning assets
  • 1.11%Cost of funding earning assets
  • 3.89%Net interest margin
  • 1.07%Noninterest income to earning assets
  • 3.99%Noninterest expense to earning assets
  • 0.12%Net operating income to assets
  • 0.12%Return on assets (ROA)
  • 0.14%Pretax return on assets
  • 1.09%Return on equity (ROE)
  • 1.09%Retained earnings to average equity (YTD only)
  • 0.77%Net charge-offs to loans
  • 121.41%Credit loss provision to net charge-offs
  • 1.46%Efficiency ratio
  • 78,572Assets per employee
  • 3.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.27%Loss allowance to noncurrent loans
  • 60.17%Noncurrent assets plus other real estate owned to assets
  • 1.90%Noncurrent loans to loans
  • 2.11%Net loans and leases to deposits
  • 95.56%Net loans and leases to core deposits
  • 100.05%Equity capital to assets
  • 10.94%Core capital (leverage) ratio
  • 8.88%Tier 1 risk-based capital ratio
  • 11.19%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $266,809Average earning assets
  • $29,391Average equity
  • $234,352Average loans

List of branches

  • 7 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041364Forward Financial Bank Ssb207 West Sixth Street, Marshfield, WI 54449January 01, 1919Full Service Brick and Mortar
    1002682001400 N Central Branch1400 N Central, Marshfield, WI 54449January 01, 1919Full Service Brick and Mortar
    1028255Greenwood Branch212 South Main Street, Greenwood, WI 54437October 14, 1912Full Service Brick and Mortar
    1038092Withee Branch410 Division Street, Withee, WI 54498October 15, 1902Full Service Brick and Mortar
    104227867Thorp Branch105 South Washington Street, Thorp, WI 54771September 27, 1989Full Service Brick and Mortar
    106462262Stanley Branch353 South Broadway Street, Stanley, WI 54768March 26, 2007Full Service Brick and Mortar
    107521569Medford Branch346 S 8th St, Medford, WI 54451October 01, 2010Full Service Brick and Mortar

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