Bank Forward

North Dakota – Griggs – Hannaford

(NM) Commercial bank, state charter and Fed nonmember

active

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Details

(NM) Commercial bank, state charter and Fed nonmember

active

8941

1927

FDIC Certificate Number: 8941
FDIC's unique number: 5708
The FDIC Field Office where an institution is physically located: Grand Forks

Federal Reserve ID Number: 812557
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 13
Number of Foreign Offices: 0
The date of the last data update: 2010-08-27

1927-09-05 Institution established. Original name: Security State Bank Of Hannaford.
1991-10-01 Acquired Farmers & Merchants Bank Of Wimbledon in Wimbledon, North Dakota.
1991-10-01 Changed name to Security State Bank Of North Dakota .
1991-10-01 Acquired The First State Bank Of New Rockford in New Rockford, North Dakota.
1993-02-16 Acquired Farmers State Bank in Carrington, North Dakota.
1995-10-02 Reorganized.
2006-04-01 Acquired Centennial National Bank in Walker, Minnesota.
2007-01-01 Changed name to Bank Forward .

Total assets: $468,717,000
Total deposits: $369,076,000
Deposits held in domestic offices: $369,076,000
Equity capital: $43,836,000

Net income: $1,187,000

Return on Assets: 0.49
Return on Equity: 5.59
Last updated on: 2011-10-20

Bank Holding Company: Security State Bank Holding Company

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Profile ID: LFUS-BAB-P-1583

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