Fargo, ND · Cert 8941 · Bk Forward Employee STK Ownership PLAN&TR
State charter, non-member · FDIC · 12 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks $1B-$10B in assets (n=322 to 328). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
21
Asset Quality
62
Profitability
58
Liquidity
38
Efficiency
28
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Fargo, ND · Cert 8941 · Bk Forward Employee STK Ownership PLAN&TR
State charter, non-member · FDIC · 12 branches
Q2 2026
Market Position · Fargo, ND-MN · 2026 SOD (annual) · 1.0% share · #16 of 32 inst. · $0.1B of $12.9B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.15% | 1.11% | 1.52% | 1.42% | 1.47% | 1.37% | 1.39% | 1.35% | -7 bps | |
| Return on Equity | 11.04% | 10.65% | 14.16% | 13.18% | 13.44% | 12.63% | 12.97% | 12.71% | -46 bps | |
| Net Interest Margin | 3.06% | 3.04% | 3.20% | 3.40% | 3.41% | 3.36% | 3.26% | 3.37% | -3 bps | |
| Efficiency Ratio | 69.37% | 70.83% | 64.33% | 66.94% | 65.90% | 67.97% | 66.35% | 65.80% | -114 bps | |
| Non-Interest Burden | 1.51% | 1.57% | 1.18% | 1.56% | 1.49% | 1.58% | 1.56% | 1.65% | +9 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.20% | 4.56% | 2.52% | 2.22% | 2.28% | 9.56% | 11.69% | 9.47% | +725 bps | |
| Loan Growth (YoY) | 7.44% | 6.97% | 2.46% | 0.49% | -0.09% | 1.42% | 2.65% | 6.44% | +595 bps | |
| Deposit Growth (YoY) | 2.71% | 1.30% | 1.01% | -0.98% | -0.35% | 7.42% | 11.89% | 13.47% | +1,445 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.43% | 0.39% | 0.58% | 0.33% | 0.66% | 0.68% | 0.61% | 0.67% | +33 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.02% | -0.02% | -0.01% | -0.02% | -0.02% | 0.01% | 0.00% | +1 bps | |
| Allowance / Loans | 0.65% | 0.65% | 0.69% | 0.66% | 0.71% | 0.72% | 0.70% | 0.68% | +2 bps | |
| Allowance Coverage of NPLs | 1.5x | 1.7x | 1.2x | 2.0x | 1.1x | 1.1x | 1.1x | 1.0x | -1.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.49% | 10.53% | 10.96% | 10.94% | 11.05% | 11.13% | 10.79% | 10.17% | -77 bps | |
| Total Risk-Based Capital | 10.49% | 10.53% | 10.96% | 10.94% | 11.05% | 11.13% | 10.79% | 10.17% | -77 bps | |
| Equity / Assets | 10.47% | 10.56% | 10.90% | 10.98% | 11.17% | 10.73% | 10.71% | 10.52% | -46 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 101.76% | 99.52% | 96.20% | 102.65% | 102.03% | 93.97% | 88.25% | 96.30% | -636 bps | |
| Liquid Assets / Assets | 5.06% | 5.30% | 9.31% | 6.46% | 7.28% | 12.17% | 16.56% | 9.11% | +266 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 324% | 311% | 298% | n/a | n/a | |
Fargo, ND · Cert 8941 · Peer group: banks $1B-$10B in assets (n=322-328) · Bk Forward Employee STK Ownership PLAN&TR
State charter, non-member · FDIC · 12 branches
Q2 2026
Return on Assets
1.38%
Rank 114 of 328
Net Interest Margin
3.37%
Rank 183 of 328
Efficiency Ratio
65.83%
Rank 237 of 328
Equity / Assets
10.52%
Rank 156 of 328
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.38% | 0.91% | 1.22% | 1.52% | Beats 65% | 114 / 328 | ||
| Return on Equity | 13.07% | 8.43% | 11.45% | 14.43% | Beats 64% | 118 / 328 | ||
| Net Interest Margin | 3.37% | 3.03% | 3.45% | 3.83% | Beats 44% | 183 / 328 | ||
| Efficiency Ratio | 65.83% | 51.61% | 59.56% | 67.53% | Beats 28% | 237 / 328 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.67% | 0.24% | 0.51% | 1.03% | Beats 40% | 195 / 322 | ||
| Net Charge-Offs / Loans | 0.00% | 0.01% | 0.03% | 0.10% | Beats 83% | 56 / 322 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 10.17% | 11.75% | 13.15% | 15.47% | Beats 6% | 308 / 328 | ||
| Total Risk-Based Capital Ratio | 10.17% | 12.63% | 14.15% | 16.46% | Beats 4% | 315 / 328 | ||
| Equity / Assets | 10.52% | 9.15% | 10.33% | 12.01% | Beats 52% | 156 / 328 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 96.30% | 76.63% | 87.92% | 95.36% | 77th pctl | 73 / 323 | ||
| Loans / Assets | 79.71% | 65.18% | 74.15% | 79.98% | 74th pctl | 85 / 328 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||