secwatch.observer — SEC 8-K summary
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Issuer:     Finward Bancorp (FNWD)
CIK:        0000919864
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0001437749-24-032501
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Finward Bancorp Q3 net income $0.14/diluted share; nine-month EPS $2.35 vs $1.60 prior year
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- Net income Q3 2024 $606K ($0.14/diluted) vs Q3 2023 $2.2M ($0.51); up from Q2 2024 $143K ($0.03).
- Nine-month net income $10.0M ($2.35/diluted) vs $6.9M ($1.60) in prior year.
- Net interest margin (GAAP) stable at 2.53% for Q3; tax-adjusted 2.67% same as prior quarter.
- Non-performing loans rose to $13.8M (0.92% of loans) from $11.4M (0.75%) at June 30, 2024.
- Fully exited Bank Term Funding Program by repaying $60M; tangible book value per share $31.28, up from $28.67.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/919864/000143774924032501/0001437749-24-032501-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/919864/000143774924032501/fnwd20241028_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-032501

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