---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-013920"
form_type: "8-K"
ticker: "FNWD"
cik: "0000919864"
company_name: "Finward Bancorp"
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T01:44:51.481662+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Finward Bancorp Q1 net income drops to $456K ($0.11 EPS) from $9.3M a year ago

## Summary
- Net income available to common stockholders $456K ($0.11 diluted EPS) vs $2.1M ($0.49) in Q4 2024 and $9.3M ($2.17) in Q1 2024.
- Tax-adjusted net interest margin expanded to 2.95% from 2.79% in Q4 2024, driven by lower deposit and borrowing costs.
- Non-performing loans improved to $12.5M (0.84% of total loans) from $13.7M (0.91%) at December 31, 2024.
- Provision for credit loss expense totaled $454K; net charge-offs $32.7K, down sharply from $2.2M in Q4 2024.
- Tangible book value per share rose to $29.55 from $29.48; Tier 1 capital ratio of 8.48%.

## SEC filing metadata
- accession: 0001437749-25-013920
- form_type: 8-K
- ticker: FNWD
- cik: 0000919864
- company_name: Finward Bancorp
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/919864/000143774925013920/0001437749-25-013920-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/919864/000143774925013920/fnwd20250426_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-013920
- JSON: https://secwatch.observer/filing/0001437749-25-013920.json
- Plain text: https://secwatch.observer/filing/0001437749-25-013920.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.