Marshfield, WI · Cert 28530 · Forward Mutual Holding Co.
SI · FDIC · 15 branches
Q2 2026
Market Position · Wausau, WI · 2026 SOD (annual) · 1.7% share · #11 of 17 inst. · $0.1B of $5.4B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.97% | 0.27% | 0.85% | 0.94% | 1.07% | 0.91% | 0.92% | 0.88% | -6 bps | |
| Return on Equity | 11.48% | 3.17% | 9.94% | 10.65% | 11.90% | 10.11% | 9.93% | 9.33% | -131 bps | |
| Net Interest Margin | 3.39% | 3.58% | 3.65% | 3.82% | 3.94% | 4.06% | 4.02% | 4.10% | +28 bps | |
| Efficiency Ratio | 64.77% | 87.16% | 71.28% | 72.37% | 71.90% | 75.27% | 71.25% | 74.54% | +217 bps | |
| Non-Interest Burden | 1.87% | 3.00% | 2.31% | 2.52% | 2.57% | 2.82% | 2.61% | 2.77% | +26 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 15.85% | 13.18% | 9.51% | 4.06% | 1.97% | 5.28% | 9.25% | 14.09% | +1,003 bps | |
| Loan Growth (YoY) | 14.18% | 12.08% | 10.81% | 5.76% | 5.51% | 7.37% | 9.55% | 13.91% | +815 bps | |
| Deposit Growth (YoY) | 17.24% | 14.99% | 13.42% | 4.85% | 2.19% | 4.42% | 5.66% | 9.46% | +461 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.26% | 0.41% | 0.33% | 0.39% | 0.39% | 0.39% | 0.33% | 0.28% | -11 bps | |
| Net Charge-Offs / Loans | 0.02% | 0.09% | 0.06% | 0.01% | 0.01% | 0.00% | 0.03% | 0.01% | -1 bps | |
| Allowance / Loans | 0.95% | 0.96% | 0.98% | 0.99% | 0.97% | 0.96% | 0.96% | 0.96% | -4 bps | |
| Allowance Coverage of NPLs | 3.6x | 2.3x | 2.9x | 2.5x | 2.5x | 2.5x | 2.9x | 3.4x | +0.9x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.39% | 8.40% | 8.57% | 8.73% | 8.82% | 8.63% | 9.36% | 9.18% | +45 bps | |
| Total Risk-Based Capital | 12.21% | 11.88% | 12.18% | 12.18% | 12.71% | 12.26% | 13.20% | 12.83% | +65 bps | |
| Equity / Assets | 8.67% | 8.22% | 8.79% | 8.88% | 9.17% | 8.91% | 9.63% | 9.25% | +37 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 84.65% | 84.60% | 85.96% | 87.77% | 87.40% | 86.98% | 89.12% | 91.34% | +357 bps | |
| Liquid Assets / Assets | 1.62% | 1.58% | 0.55% | 0.20% | 0.34% | 0.34% | 0.25% | 0.26% | +6 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 210% | 223% | 204% | n/a | n/a | |