For the quarter ending 2025-09-30, FNWD made $49,002K in revenue. $3,497K in net income. Net profit margin of 7.14%.
| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Loans receivable | 20,246 | 19,940 | ||
| Securities | 2,091 | 2,108 | ||
| Other interest earning assets | 1,003 | 622 | ||
| Total interest income | 23,340 | 22,670 | ||
| Deposits | 7,996 | 7,780 | ||
| Repurchase agreements | 392 | 370 | ||
| Borrowed funds | 509 | 575 | ||
| Total interest expense | 8,897 | 8,725 | ||
| Net interest income | 14,443 | 13,945 | ||
| Provision for (benefit from) credit losses | -301 | -274 | ||
| Net interest income after provision for credit losses | 14,744 | 14,219 | ||
| Fees and service charges | 1,463 | 1,330 | ||
| Wealth management operations | 759 | 696 | ||
| Gain (loss) on tax credit investment | 23 | 0 | ||
| Gain (loss) on sale of loans held-for-sale, net | 265 | 378 | ||
| Gain (loss) on sale of securities, net | 0 | 0 | ||
| Increase (decrease) in cash value of bank owned life insurance | 210 | 220 | ||
| Gain (loss) on sale of real estate | -56 | 0 | ||
| Other | 249 | 59 | ||
| Total non-interest income | 2,913 | 2,683 | ||
| Compensation and benefits | 7,330 | 7,313 | ||
| Occupancy and equipment | 2,004 | 1,935 | ||
| Data processing | 1,116 | 1,341 | ||
| Marketing | 257 | 214 | ||
| Federal deposit insurance premiums | 399 | 471 | ||
| Professional and outside services | 945 | 1,115 | ||
| Technology | 549 | 545 | ||
| Other | 1,497 | 1,852 | ||
| Total non-interest expense | 14,097 | 14,786 | ||
| Income before income tax expense | 3,560 | 2,116 | ||
| Income tax expense (benefit) | 63 | -35 | ||
| Net income | 3,497 | 2,151 | ||
| Basic (in dollars per share) | 0.82 | 0.5 | ||
| Diluted (in dollars per share) | 0.81 | 0.5 | ||
| Weighted average common shares outstandingbasic (in shares) | 4,273,022 | 4,271,952 | ||
| Weighted average common shares outstandingdiluted (in shares) | 4,299,007 | 4,296,418 | ||
Finward Bancorp (FNWD)
Finward Bancorp (FNWD)