Finward Bancorp(US:FNWD)2025-06-27 11:25Company Overview and Strategy - Finward Bancorp has grown from $776 million to $2.1 billion in assets over the last 10 years, representing a 10.3% CAGR[7] - The company aims to build capital and increase returns while positioning for different economic and interest rate outcomes[7] - The company is evaluating opportunities to optimize the balance sheet and improve earnings quality[7] Financial Performance - Total assets were $2.075 billion as of September YTD 2024[11] - Total loans were $1.508 billion as of September YTD 2024[11] - Total deposits were $1.748 billion as of September YTD 2024[11] - Total equity was $160 million as of September YTD 2024[11] - The tax-adjusted net interest margin was 2.67% for the three months ended September 30, 2024[22] Asset Quality and Loan Portfolio - Non-performing loans totaled $13.8 million, representing 0.92% of total loans as of September 30, 2024[48] - The bank originated $70.4 million in new commercial loans during the quarter ended September 30, 2024[39] - Total 1-4 family originations for the quarter ended September 30, 2024, totaled $20.1 million[39]