secwatch.observer — SEC 8-K summary
======================================

Issuer:     Finward Bancorp (FNWD)
CIK:        0000919864
Form:       8-K/A
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001437749-24-023837
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Finward Bancorp corrects earnings release; six-month diluted EPS revised to $2.21 from $0.03
--------------------------------------------------------------------------------

- Net income of $9.4M ($2.21 diluted EPS) for H1 2024, up from $4.7M ($1.10) in H1 2023.
- Q2 2024 net income $143K ($0.03 EPS) vs $2.4M ($0.57) in Q2 2023.
- Corrections include performance ratios; CET1 ratio revised to 10.94% from 11.23%.
- Net interest margin improved to 2.54% in Q2 2024 from 2.42% in Q1 2024.
- Non-performing loans slightly declined to $11.4M; credit quality remains strong.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/919864/000143774924023837/0001437749-24-023837-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/919864/000143774924023837/fnwd20240726_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-023837

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer