Finward Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	119.65	65.48	86.01	31.28	29.28
Investment Securities	316.23	224.23	247.91	239.24	343.9
Trading Asset Securities	-	5.51	5.63	9.01	2.83
Mortgage-Backed Securities	-	109.33	123.46	134.12	184.7
Total Investments	316.23	339.06	377	382.36	531.43
Gross Loans	1,450	1,509	1,513	1,514	966.95
Allowance for Loan Losses	-17.51	-16.91	-18.77	-12.9	-13.34
Other Adjustments to Gross Loans	-0.04	-	-	-0.02	-0.23
Net Loans	1,433	1,492	1,494	1,501	953.38
Property, Plant & Equipment	44.98	47.26	38.44	40.21	31.39
Goodwill	22.4	22.4	22.4	22.4	11.11
Other Intangible Assets	1.17	1.86	3.27	4.79	3.13
Loans Held for Sale	1.1	1.25	0.34	1.54	4.99
Accrued Interest Receivable	7.78	7.72	8.05	7.42	5.44
Restricted Cash	-	5.1	-	-	3.9
Long-Term Deferred Tax Assets	-	29.46	28.07	29.24	2.85
Other Real Estate Owned & Foreclosed	-	-	0.07	-	-
Other Long-Term Assets	68.46	42.5	44.27	43.81	40.62
Total Assets	2,021	2,061	2,108	2,070	1,621
Accrued Expenses	33.04	35.38	20.36	14.45	12.66
Interest Bearing Deposits	1,460	1,356	1,381	1,322	1,102
Institutional Deposits	-	141.4	137.1	93.6	36.9
Non-Interest Bearing Deposits	267.44	263.32	295.59	359.09	295.29
Total Deposits	1,727	1,761	1,813	1,775	1,434
Short-Term Borrowings	39.15	110.6	123.72	144.48	17.27
Federal Home Loan Bank Debt, Long-Term	45.55	-	-	-	-
Other Long-Term Liabilities	1.8	2.74	3.44	-	-
Total Liabilities	1,847	1,909	1,961	1,934	1,464
Additional Paid-In Capital	70.33	70.03	69.56	69.03	30.43
Retained Earnings	145.99	139.46	129.4	131.66	121.91
Comprehensive Income & Other	-41.66	-58.08	-51.61	-64.3	4.28
Shareholders' Equity	174.66	151.41	147.35	136.39	156.62
Total Liabilities & Equity	2,021	2,061	2,108	2,070	1,621
Total Debt	84.7	110.6	123.72	144.48	17.27
Net Cash (Debt)	34.94	-39.61	-32.08	-101.73	16.55
Net Cash Per Share	8.14	-9.27	-7.49	-24.26	4.76
Filing Date Shares Outstanding	4.33	4.32	4.3	4.3	4.29
Total Common Shares Outstanding	4.33	4.31	4.3	4.3	3.48
Book Value Per Share	40.37	35.10	34.28	31.73	45.00
Tangible Book Value	151.1	127.16	121.68	109.2	142.38
Tangible Book Value Per Share	34.92	29.48	28.31	25.41	40.91

Updated Jan 27, 2026. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q