Finward Bancorp filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 13, 2026, reporting financial results for the three and nine months ended September 30, 2026.

Key Highlights

  • Net interest income: $15,942 thousand for the three months ended September 30, 2026, compared to $14,443 thousand for the same period in 2025, according to the filing.
  • Total assets: $2,014,125 thousand as of September 30, 2026, down from $2,021,181 thousand at December 31, 2025, the filing disclosed.
  • Net loans receivable: $1,481,680 thousand at September 30, 2026, up from $1,432,881 thousand at December 31, 2025, the registrant reported.
  • Total deposits: $1,758,457 thousand at September 30, 2026, compared to $1,726,971 thousand at December 31, 2025, per the filing.
  • Compensation and benefits expense: $9,735 thousand for the three months ended September 30, 2026, versus $7,330 thousand in the prior-year quarter, according to the filing.
  • Shares outstanding: 4,330,684 shares of common stock outstanding as of November 6, 2026, the registrant disclosed.
  • Total stockholders' equity: $157,842 thousand at September 30, 2026, down from $174,663 thousand at December 31, 2025, per the filing.

Finward Bancorp Third-Quarter 2026 Financial Position and Results

According to the filing, Finward Bancorp (NASDAQ:FNWD), an Indiana-based bank holding company headquartered in Munster, Indiana, reported net interest income of $15,942 thousand for the three months ended September 30, 2026, compared to $14,443 thousand in the same quarter of 2025. For the nine months ended September 30, 2026, net interest income was $46,193 thousand, up from $41,701 thousand in the corresponding prior-year period. Total interest income for the third quarter of 2026 was $24,017 thousand, against $23,340 thousand a year earlier, while total interest expense declined to $8,075 thousand from $8,897 thousand.

The registrant reported a provision for credit losses of $124 thousand for the three months ended September 30, 2026, compared to a benefit from credit losses of $301 thousand in the third quarter of 2025. The allowance for credit losses stood at $17,542 thousand as of September 30, 2026, versus $17,506 thousand at December 31, 2025. Total non-interest income was $2,655 thousand for the third quarter of 2026, compared to $2,913 thousand in the prior-year quarter, with non-interest income for the nine months ended September 30, 2026 at $7,470 thousand versus $7,825 thousand in the same period of 2025.

On the balance sheet, the company disclosed total assets of $2,014,125 thousand at September 30, 2026, a decrease from $2,021,181 thousand at December 31, 2025. Accumulated other comprehensive loss widened to $63,520 thousand from $41,662 thousand over the same period, contributing to a decline in total stockholders' equity to $157,842 thousand from $174,663 thousand. Borrowed funds decreased to $35,000 thousand from $45,000 thousand. The filing noted the company is classified as a non-accelerated filer and a smaller reporting company.

What Was Disclosed

Finward Bancorp's 10-Q for the quarter ended September 30, 2026 disclosed balance sheet data, income statement results for the three and nine months ended September 30, 2026, and share count information, with 4,330,684 shares outstanding as of November 6, 2026.