Finward Bancorp Files 8-K with Financial Exhibits
Ticker: FNWD · Form: 8-K · Filed: Mar 26, 2024 · CIK: 919864
| Field | Detail |
|---|---|
| Company | Finward Bancorp (FNWD) |
| Form Type | 8-K |
| Filed Date | Mar 26, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.12 |
| Sentiment | neutral |
Sentiment: neutral
Topics: filing, financial-exhibits
Related Tickers: FNWD
TL;DR
FNWD filed an 8-K, mostly financial exhibits. Nothing major to see here.
AI Summary
Finward Bancorp filed an 8-K on March 26, 2024, reporting an event that occurred on March 22, 2024. The filing primarily concerns financial statements and exhibits, with no specific material events detailed in the provided text.
Why It Matters
This filing indicates Finward Bancorp is providing updated financial information or exhibits to the SEC, which is standard practice for public companies.
Risk Assessment
Risk Level: low — The filing appears to be routine and does not disclose any significant new risks or material adverse events.
Key Numbers
- 001-40999 — SEC File Number (Identifies the company's filing with the SEC.)
- 35-1927981 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Finward Bancorp (company) — Registrant
- Northwest Indiana Bancorp (company) — Former company name
FAQ
What specific financial statements or exhibits are being filed with this 8-K?
The provided text states the filing includes 'Financial Statements and Exhibits' but does not list the specific documents.
What was the exact date of the earliest event reported in this 8-K?
The earliest event reported is dated March 22, 2024.
What is Finward Bancorp's principal executive office address?
Finward Bancorp's principal executive offices are located at 9204 Columbia Avenue, Munster, Indiana 46321.
Has Finward Bancorp changed its name recently?
The filing indicates a former company name of 'Northwest Indiana Bancorp' with a date of name change on March 7, 1994.
What is the SIC code for Finward Bancorp?
Finward Bancorp's Standard Industrial Classification (SIC) code is 6035, for Savings Institutions, Federally Chartered.
Filing Stats: 1,016 words · 4 min read · ~3 pages · Grade level 15.8 · Accepted 2024-03-26 16:02:58
Key Financial Figures
- $0.12 — nk "), declared a quarterly dividend of $0.12 per share on Finward's common stock pay
Filing Documents
- fnwd20240326_8k.htm (8-K) — 30KB
- 0001437749-24-009411.txt ( ) — 160KB
- fnwd-20240322.xsd (EX-101.SCH) — 3KB
- fnwd-20240322_def.xml (EX-101.DEF) — 11KB
- fnwd-20240322_lab.xml (EX-101.LAB) — 15KB
- fnwd-20240322_pre.xml (EX-101.PRE) — 11KB
- fnwd20240326_8k_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On March 22, 2024, the Board of Directors for Finward Bancorp (" Finward "), the holding company for Peoples Bank (the " Bank "), declared a quarterly dividend of $0.12 per share on Finward's common stock payable on May 6, 2024 to shareholders of record on April 23, 2024.
Forward Looking Statements
Forward Looking Statements This Current Report on Form 8-K may contain forward-looking statements regarding the financial performance, business prospects, growth, and operating strategies of Finward. For these statements, Finward claims the protections of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Statements in this communication should be considered in conjunction with the other information available about Finward, including the information in the filings Finward makes with the Securities and Exchange Commission (" SEC "). Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance. The forward-looking statements are based on management's expectations and are subject to a number of risks and uncertainties. Forward-looking statements are typically identified by using words such as "anticipate," "estimate," "project," "intend," "plan," "believe," "will" and similar expressions in connection with any discussion of future operating or financial performance. Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements. Risks and uncertainties that could cause actual results to differ materially include: the Bank's ability to demonstrate compliance with the terms of the previously disclosed consent order and memorandum of understanding entered into between the Bank and the Federal Deposit Insurance Corporation (" FDIC ") and Indiana Department of Financial Institutions (" DFI "), or to demonstrate compliance to the satisfaction of the FDIC and/or DFI within prescribed time frames; the Bank's agreement under the memorandum of understanding to refrain from paying cash dividends without prior regulatory approval; changes in asset quality and credit risk; the inability to sustain revenue and earn
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following exhibits are being furnished with this Current Report on Form 8-K. Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Finward Bancorp Date: March 26, 2024 By: /s/ Benjamin Schmitt Printed Name: Benjamin Schmitt Title: Chief Financial Officer and Treasurer