Finward Bancorp Q1 2025: Assets $4.3B, Net Income $0.12/share
Ticker: FNWD · Form: 10-Q · Filed: May 15, 2025 · CIK: 919864
Sentiment: neutral
Topics: 10-Q, financials, banking
TL;DR
**Finward Bancorp Q1 2025: $4.3B assets, $4.3B liabilities, $0.12 EPS. Stable but watch loan growth.**
AI Summary
Finward Bancorp filed its 10-Q for the period ending March 31, 2025. The company reported total assets of $4.324 billion and total liabilities of $4.314 billion. Net income per share was $0.12 for the quarter, with total shares outstanding at 10,000,000.
Why It Matters
This filing provides a snapshot of Finward Bancorp's financial health at the end of Q1 2025, crucial for investors assessing its stability and performance.
Risk Assessment
Risk Level: medium — The filing indicates a significant amount of assets and liabilities, and while net income is positive, the context of the broader economic environment for banks warrants a medium risk assessment.
Key Numbers
- $4.324 billion — Total Assets (Financial position as of March 31, 2025)
- $4.314 billion — Total Liabilities (Financial position as of March 31, 2025)
- $0.12 — Net Income Per Share (Earnings for the quarter ending March 31, 2025)
- 10,000,000 — Shares Outstanding (Total shares outstanding as of March 31, 2025)
Key Players & Entities
- Finward Bancorp (company) — Filer of the 10-Q
- 9204 COLUMBIA AVE, MUNSTER, IN 46321 (location) — Company's business and mailing address
- 351927981 (identifier) — Company's EIN
- 001-40999 (identifier) — SEC File Number
- 20250331 (date) — End of the reporting period
- 20250515 (date) — Filing date
FAQ
What was Finward Bancorp's total revenue for the quarter ending March 31, 2025?
The provided excerpt does not contain specific figures for total revenue. It focuses on balance sheet items and EPS.
Did Finward Bancorp adopt any new accounting standards during this period?
Yes, the filing notes 'See note 3 regarding adoption of ASC 326'.
What is the company's primary business activity?
The company is classified under 'SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]'.
What was the company's net income for the quarter?
The filing indicates a net income per share of $0.12, but the total net income amount is not explicitly stated in this excerpt.
What was the previous name of Finward Bancorp?
The former company name was NORTHWEST INDIANA BANCORP, with a date of name change on 19940307.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 15, 2025 regarding Finward Bancorp (FNWD).