Welcome to our dedicated page for Finward Bancorp SEC filings (Ticker: FNWD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Finward Bancorp filings document the public-company disclosures of a bank holding company whose principal activity is holding the stock of Peoples Bank. Recent Form 8-K reports cover unaudited quarterly financial results, common stock dividend declarations, Regulation FD presentation materials, and board or director matters involving the Bancorp and its bank subsidiary.
Proxy materials describe annual meeting voting matters, director elections, board structure and governance practices. The filing record also reflects disclosure topics common to regulated banking issuers, including capital position, financial performance, liquidity, dividend considerations, regulatory and accounting factors, and compliance matters tied to Peoples Bank’s operations.
Alwin Martin P reported acquisition or exercise transactions in this Form 4 filing.
Finward Bancorp director Alwin Martin P reported an equity award and updated holdings. He received 372 shares of Common Stock at $32.24 per share as a grant under the Finward Bancorp 2025 Omnibus Equity Incentive Plan, which will vest one year after issue on 05/22/2027. After the grant, he directly holds 806 shares of Common Stock and indirectly holds 1,911 shares through a 401K account. The filing also lists the 401K position as a holding entry, not an open-market trade.
Youman Robert W. reported acquisition or exercise transactions in this Form 4 filing.
Finward Bancorp director Robert W. Youman received a grant of 372 shares of common stock at $32.24 per share under the Finward Bancorp 2025 Omnibus Equity Incentive Plan. According to the footnote, these shares will vest one year after issue on 05/22/2027.
After this award, Youman directly holds 806 common shares. He also has indirect holdings reported as 2,691 shares as trustee, 1,221 shares in a Roth account, and 22,773 shares in an IRA, showing a meaningful ongoing equity stake aligned with shareholders.
Puntillo Anthony reported acquisition or exercise transactions in this Form 4 filing.
Finward Bancorp director Anthony Puntillo reported an equity grant of 372 shares of Common Stock. The shares were awarded on May 22, 2026 at $32.24 per share as compensation under the Finward Bancorp 2025 Omnibus Equity Incentive Plan.
According to the filing, these granted shares will vest one year after issue on May 22, 2027. After this grant, Puntillo directly holds 2,314.4968 shares of Common Stock and indirectly holds 3,378 shares as trustee.
GORELICK JOEL reported acquisition or exercise transactions in this Form 4 filing.
Finward Bancorp director Joel Gorelick received a grant of 372 shares of Common Stock at $32.24 per share as an equity award. The shares were issued under the Finward Bancorp 2025 Omnibus Equity Incentive Plan and will vest one year after issue on May 22, 2027.
Following the award, Gorelick holds 2,492 shares directly, plus 917 shares indirectly through a spouse and 48,558 shares indirectly through an IRA. This is a compensation-related stock grant rather than an open-market purchase or sale.
Finward Bancorp held its virtual Annual Meeting of Shareholders on May 22, 2026. Shareholders of record as of March 20, 2026, when 4,330,486 common shares were outstanding, were entitled to vote. A quorum was present, with 3,284,619 shares represented virtually or by proxy.
Shareholders elected three directors—Benjamin J. Bochnowski, Robert E. Johnson, III, and Martin P. Alwin—to three-year terms expiring in 2029. They also ratified the appointment of Forvis Mazars, LLP as independent registered public accounting firm for the year ending December 31, 2026.
In an advisory vote, shareholders approved the executive compensation of the named executive officers as described in the proxy statement. No other matters were considered or voted upon at the meeting.
Finward Bancorp reported Q1 2026 net income of $2.2M, up from $0.5M a year earlier, driven by higher net interest income of $15.1M and lower interest expense. Diluted earnings per share were $0.52, with ROA at 0.44% and ROE at 5.00%.
Total assets were $2.0B, loans receivable were $1.46B, and deposits totaled $1.72B. However, rising unrealized losses on the securities portfolio pushed accumulated other comprehensive loss to $45.7M, resulting in a Q1 comprehensive loss of $1.8M. The bank remains under an August 2024 memorandum of understanding with regulators that, among other items, requires prior approval for cash dividends and may limit or delay expansion and acquisitions.
Finward Bancorp reported first-quarter 2026 net income available to common stockholders of $2.2 million, or $0.52 per diluted share, up from $2.0 million, or $0.46, in the prior quarter. Return on equity was 5.00% and return on assets 0.44%.
Net interest margin improved to 3.23%, or 3.35% on a tax-equivalent basis, helped by lower funding costs. Deposits were $1.72 billion, down 0.5% from year-end, with core deposits of $1.2 billion representing 71.6% of total deposits. Loans were stable at $1.45 billion.
Asset quality remained moderate, with non-performing loans of $12.4 million, equal to 0.85% of total loans, and an allowance for credit losses of $17.3 million, or 1.19% of loans. The Bank’s tier 1 leverage ratio was 9.24%. Management highlighted ongoing efficiency efforts, including the planned closure of two branches and a focus on improving core earnings while maintaining strong liquidity of $555 million.
Finward Bancorp filed a Form 13F reporting institutional holdings. The report lists 182 holdings with a total market value of $125,095,496. The filing is signed by Benjamin Schmitt, EVP & Chief Financial Officer on 04-10-2026.
Finward Bancorp is asking shareholders to vote at its virtual annual meeting on May 21, 2026. Holders of 4,330,486 common shares as of March 20, 2026 can vote online.
Shareholders will elect three Class II directors through 2029, ratify Forvis Mazars, LLP as 2026 auditors, and cast an advisory vote on executive pay. The proxy details board refresh actions, including director Danette Garza’s planned retirement and Jennifer Evans becoming chair, governance policies on risk oversight, hedging and clawbacks, and 2025 compensation, with CEO Benjamin Bochnowski earning $480,686 and a 2025 Omnibus equity plan covering up to 270,727 shares.