Security
NWIN · Finward Bancorp
NWINOTCCommon stockHistorical · closed May 21, 2021CIK 919864Updated Sep 27, 2026
Name history
NORTHWEST INDIANA BANCORP · through May 24, 2021
Current security for this SEC filerFNWD · NASDAQ
NWIN price & chart
Historical security
This listing closed May 21, 2021. Live provider charts are shown only for current listings.
Current security: FNWD
About the company
Finward Bancorp is a locally managed and independent financial holding company headquartered in Munster, Indiana, whose activities are primarily limited to holding the stock of Peoples Bank. Peoples Bank provides a wide range of personal, business, electronic and wealth management financial services from its 26 locations in Lake and Porter Counties in Northwest Indiana and the Chicagoland area. Finward Bancorp’s common stock is quoted on The NASDAQ Stock Market, LLC under the symbol FNWD. The website ibankpeoples.com provides information on Peoples Bank’s products and services, and Finward Bancorp’s investor relations.
In the news
No coverage from other publishers is available.
Recent filings
Other Events
Items 8.01
N-PX filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
425 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,021,181,000Source | 2,060,699,000Source | 2,108,279,000Source | 2,070,339,000Source |
| Property, Plant and Equipment, NetUSD | 44,976,000Source | 47,259,000Source | 38,436,000Source | 40,212,000Source |
| GoodwillUSD | 22,395,000Source | 22,395,000Source | 22,395,000Source | 22,395,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 1,172,000Source | 1,860,000Source | 3,272,000Source | 4,794,000Source |
| Operating Lease, Right-of-Use AssetUSD | 15,100,000Source | — | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,846,518,000Source | 1,909,285,000Source | 1,960,934,000Source | 1,933,946,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | 145,994,000Source | 139,464,000Source | 129,403,000Source | 131,661,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -41,662,000Source | -58,084,000Source | -51,613,000Source | -64,300,000Source |
| Stockholders' Equity Attributable to ParentUSD | 174,663,000Source | 151,414,000Source | 147,345,000Source | 136,393,000Source |
| Additional Paid in Capital, Common StockUSD | 70,331,000Source | 70,034,000Source | 69,555,000Source | 69,032,000Source |
| Liabilities and EquityUSD | 2,021,181,000Source | 2,060,699,000Source | 2,108,279,000Source | 2,070,339,000Source |
| Additional Financial Items | ||||
| Dividends PayableUSD | 0Source | 518,000Source | 517,000Source | 1,332,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 447,000Source | 565,000Source | 719,000Source | 741,000Source |
| Deferred Income Tax Expense (Benefit)USD | -556,000Source | 645,000Source | -673,000Source | 1,187,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 9,901,000Source | 9,805,000Source | 24,211,000Source | 17,762,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | 0Source | -33,799,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 94,877,000Source | 42,789,000Source | 15,021,000Source | -1,163,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 853,000Source | 3,074,000Source | 1,148,000Source | 3,031,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -55,715,000Source | -68,018,000Source | 15,494,000Source | -18,493,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 1,557,000Source | 2,069,000Source | 5,335,000Source | 5,075,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 49,063,000Source | -15,424,000Source | 54,726,000Source | -1,894,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 35,303,000Source | 43,178,000Source | 28,528,000Source | 4,572,000Source |
| Income Taxes Paid, NetUSD | 150,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 447,000Source | 565,000Source | — | — |
| Debt and Equity Securities, Gain (Loss)USD | -1,577,000Source | -531,000Source | -48,000Source | 662,000Source |
| Deferred Other Tax Expense (Benefit)USD | — | 23,000Source | -89,000Source | 113,000Source |
| DepreciationUSD | — | 2,800,000Source | 2,900,000Source | 3,000,000Source |
| Depreciation, Amortization and Accretion, NetUSD | 6,191,000Source | 7,291,000Source | 7,163,000Source | 5,968,000Source |
| Dividends PayableUSD | 0Source | 518,000Source | 517,000Source | 1,332,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | -205,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | — | 276,000Source | -303,000Source |
| Gain (Loss) on Sale of DerivativesUSD | -33,000Source | 47,000Source | -3,000Source | -102,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -55,000Source | — | — | — |
| Gain (Loss) on Sales of Loans, NetUSD | 1,252,000Source | 1,091,000Source | 1,084,000Source | 1,470,000Source |
| Gains (Losses) on Sales of Investment Real EstateUSD | — | 11,661,000Source | — | — |
| GoodwillUSD | 22,395,000Source | 22,395,000Source | 22,395,000Source | 22,395,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 23,000Source | 1,325,000Source | -335,000Source | 1,478,000Source |
| Net Income (Loss) Attributable to ParentUSD | 8,087,000Source | 12,130,000Source | 8,380,000Source | 15,080,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 8,087,000Source | 12,130,000Source | 8,380,000Source | 15,080,000Source |
| Other Interest and Dividend IncomeUSD | 3,607,000Source | 3,005,000Source | 1,903,000Source | 326,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 11,431,000Source | 12,653,000Source | 14,332,000Source | 41,524,000Source |
| Provision for Loan, Lease, and Other LossesUSD | -205,000Source | -503,000Source | — | — |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 782,000Source | 199,000Source | 1,692,000Source | 0Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 8,110,000Source | 13,455,000Source | 8,045,000Source | 16,558,000Source |
| Income Tax Expense (Benefit)USD | 23,000Source | 1,325,000Source | -335,000Source | 1,478,000Source |
| Net Income (Loss) Attributable to ParentUSD | 8,087,000Source | 12,130,000Source | 8,380,000Source | 15,080,000Source |
| Earnings Per Share, BasicUSD per share | 1.89Source | 2.85Source | 1.96Source | 3.61Source |
| Earnings Per Share, DilutedUSD per share | 1.88Source | 2.84Source | 1.96Source | 3.6Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 4,271,350Source | 4,259,570Source | 4,273,824Source | 4,176,125Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 4,292,058Source | 4,274,633Source | 4,282,282Source | 4,193,482Source |
| Additional Financial Items | ||||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.36Source | 0.48Source | 1.05Source | 1.24Source |
| Current Income Tax Expense (Benefit)USD | 570,000Source | — | — | — |
| Debt and Equity Securities, Gain (Loss)USD | -1,577,000Source | -531,000Source | -48,000Source | 662,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | -205,000Source | — | — | — |
| Gains (Losses) on Sales of Investment Real EstateUSD | — | 11,661,000Source | — | — |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Interest ExpenseUSD | — | — | 31,228,000Source | 4,886,000Source |
| InterestExpenseOperatingUSD | 35,020,000Source | 40,731,000Source | — | — |
| Interest Income (Expense), NetUSD | 56,743,000Source | 48,447,000Source | 54,555,000Source | 67,149,000Source |
| Labor and Related ExpenseUSD | 29,588,000Source | 27,737,000Source | 27,655,000Source | 28,990,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 8,087,000Source | 12,130,000Source | 8,380,000Source | 15,080,000Source |
| Other Interest and Dividend IncomeUSD | 3,607,000Source | 3,005,000Source | 1,903,000Source | 326,000Source |
Filing attachments
d140760dex991.htm · 8-K · 2026-07-21
EX-99.1 3 d140760dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 July 21, 2026 ───────────────── Finward Bancorp Acquisition First Financial Bancorp. (“First Financial”) has agreed to acquire Finward Bancorp (“Finward”), the holding company for Peoples Bank, headquartered in Munster, Indiana ──────────────────────────────────────────────────────────────────────────────────────── Strategically expands First Financial’s presence in northwest Indiana and Chicago, with the addition of a…
Read attachment ↗fnwd-20260302xex991.htm · 8-K · 2026-03-02
EX-99.1 2 fnwd-20260302xex991.htm EX-99.1 Document Exhibit 99.1 FOR IMMEDIATE RELEASE FOR FURTHER INFORMATION March 2, 2026 CONTACT INVESTOR RELATIONS (219) 853-7575 FINWARD BANCORP ANNOUNCES DIVIDEND Munster, Indiana - Finward Bancorp (Nasdaq: FNWD) (the “Bancorp” or “Finward”), the holding company for Peoples Bank (the “Bank”), today announced that on March 2, 2026 the Board of Directors of Finward declared a dividend of $0.12 per shar…
Read attachment ↗fnwd-20251203xex991.htm · 8-K · 2025-12-03
EX-99.1 2 fnwd-20251203xex991.htm EX-99.1 Document Exhibit 99.1 FOR IMMEDIATE RELEASE FOR FURTHER INFORMATION December 3, 2025 CONTACT INVESTOR RELATIONS (219) 853-7575 FINWARD BANCORP ANNOUNCES DIVIDEND Munster, Indiana - Finward Bancorp (Nasdaq: FNWD) (the “Bancorp” or “Finward”), the holding company for Peoples Bank (the “Bank”), today announced that on December 3, 2025 the Board of Directors of Finward declared a dividend of $0.12 per s…
Read attachment ↗fnwd-20250815xex991.htm · 8-K · 2025-08-15
EX-99.1 2 fnwd-20250815xex991.htm EX-99.1 Document Exhibit 99.1 FOR IMMEDIATE RELEASE FOR FURTHER INFORMATION August 15, 2025 CONTACT INVESTOR RELATIONS (219) 853-7575 FINWARD BANCORP ANNOUNCES DIVIDEND Munster, Indiana - Finward Bancorp (Nasdaq: FNWD) (the “Bancorp” or “Finward”), the holding company for Peoples Bank (the “Bank”), today announced that on August 15, 2025 the Board of Directors of Finward declared a dividend of $0.12 per sh…
Read attachment ↗d946620dex991.htm · 8-K · 2025-08-07
EX-99.1 2 d946620dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE FOR FURTHER INFORMATION AUGUST 7, CONTACT SHAREHOLDER SERVICES 2025 (219) 853-7575 FINWARD BANCORP ANNOUNCES TERMINATION OF CONSENT ORDER Munster, Indiana - Finward Bancorp (Nasdaq: FNWD) (the “Bancorp”), the holding company for Peoples Bank (the “Bank”), today announced that on August 6, 2025 the Federal Deposit Insurance Corporation (“FDIC”) and th…
Read attachment ↗d898368dex107.htm · 8-K · 2025-05-29
EX-10.7 8 d898368dex107.htm EX-10.7 EX-10.7 Exhibit 10.7 2025 Omnibus Equity Incentive Plan AWARD AGREEMENT STOCK APPRECIATION RIGHTS This Stock Appreciation Rights Award Agreement (this “Agreement”) is made and entered into as of _____, 20___ by and between Finward Bancorp, an Indiana corporation (the “Company”) and __________ (the “Participant”). Grant Date: Exercise Price per SAR: Number of SARs: Expiration Date: 1. Grant of SARs. (a) Grant. The Company hereby grants to …
Read attachment ↗