{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-001715","form_type":"8-K","ticker":"FNWD","cik":"0000919864","company_name":"Finward Bancorp","filed_at":"2023-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.573302+00:00","generated_at":"2026-06-20T10:18:16.315616+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Finward Bancorp Q4 2022 net income $4.0M, core EPS $1.08; full-year core net income $17.3M","bullets":["Q4 net income $4.0M ($0.93 diluted EPS) vs $3.3M ($0.95) Q4 2021; full-year net income $15.1M ($3.60) vs $15.0M ($4.30).","Core net income full-year $17.3M ($4.12 diluted) vs $13.4M ($3.84) prior year, driven by Royal acquisition and organic loan growth.","Net interest margin (tax‑adj.) 3.74% for 2022 vs 3.51% in 2021; Q4 margin contracted to 3.73% as funding costs rose.","Organic loan growth (ex‑Royal) $96.5M (10.0%); total loans $1.5B (+56.6% YoY).","Branches closed: 5 in 2022, reducing footprint 16%; headcount reduced 12 FTEs (4%) in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-001715","json":"https://secwatch.observer/filing/0001437749-23-001715.json","markdown":"https://secwatch.observer/filing/0001437749-23-001715.md","text":"https://secwatch.observer/filing/0001437749-23-001715.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/919864/000143774923001715/0001437749-23-001715-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/919864/000143774923001715/fnwd20230124_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T10:18:16.315616+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1ecb136d700a164c50056bd6848fc36ae6930566","claim":"Finward Bancorp reported the twelve months ended December 31, 2022 results: net income $15.1 million, EPS $3.60 per diluted share.","evidence_excerpt":"net income available to common shareholders was $15.1 million, or $3.60 per diluted share, for the twelve months ended December 31, 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/919864/000143774923001715/0001437749-23-001715-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the twelve months ended December 31, 2022"},{"label":"Net income","value":"$15.1 million"},{"label":"EPS","value":"$3.60 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"3b40119ccd32b8029294178019732ee698f59120","claim":"Finward Bancorp reported the quarter ended December 31, 2022 results: net income $4.0 million, EPS $0.93 per diluted share.","evidence_excerpt":"For the quarter ended December 31, 2022, the Bancorp’s net income totaled $4.0 million, or $0.93 per diluted share, as compared to $3.3 million, or $0.95 per diluted share, for the quarter ending December 31, 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/919864/000143774923001715/0001437749-23-001715-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2022"},{"label":"Net income","value":"$4.0 million"},{"label":"EPS","value":"$0.93 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}