{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-011074","form_type":"8-K","ticker":"FNWD","cik":"0000919864","company_name":"Finward Bancorp","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.805913+00:00","generated_at":"2026-06-16T15:06:18.374093+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Finward Bancorp Q1 net income $2.2M ($0.51/diluted); net interest margin compresses to 3.07%","bullets":["Net income available to common shareholders $2.2M ($0.51/diluted) vs $2.1M ($0.53) in Q1 2022.","Net interest margin fell to 3.07% from 3.41% YoY; core deposits decreased $77.2M (5.5%) from Dec 2022.","Unrealized losses on securities improved to $55.9M from $64.3M; tangible book value per share rose to $26.68.","Non-performing loans increased to $20.7M (1.36% of loans) from $18.4M; ACL at 1.29% of loans.","Headcount reduced by 9 FTEs (3%); sold a branch for $231k gain; another branch sold post-quarter for $45k."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-011074","json":"https://secwatch.observer/filing/0001437749-23-011074.json","markdown":"https://secwatch.observer/filing/0001437749-23-011074.md","text":"https://secwatch.observer/filing/0001437749-23-011074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/919864/000143774923011074/0001437749-23-011074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/919864/000143774923011074/fnwd20230425_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T15:06:18.374093+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":"55aa7c2077ea47212e16cf283941e9a59f05d91b","claim":"Finward Bancorp reported the quarter ended March 31, 2023 results: net income $2.2 million, EPS $0.51 per diluted share.","evidence_excerpt":"Finward Bancorp (Nasdaq: FNWD) (the “Bancorp”), the holding company for Peoples Bank (the “Bank”), today announced that net income available to common shareholders was $2.2 million, or $0.51 per diluted share, for the quarter ended March 31, 2023, as compared to $2.1 million, or $0.53 per diluted share, for the corresponding prior year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/919864/000143774923011074/0001437749-23-011074-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Net income","value":"$2.2 million"},{"label":"EPS","value":"$0.51 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"}