Finward Bancorp Annual report pursuant to Section 13 and 15(d)

Premises and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2016

At year end, premises and equipment are summarized as follows:

	(Dollars in thousands)
	2016		2015
Cost:
Land	$	5,216	$	5,216
Buildings and improvements		22,854		21,712
Furniture and equipment		14,267		13,929
Total cost		42,337		40,857
Less accumulated depreciation		(23,050)		(21,915)
Premises and equipment, net	$	19,287	$	18,942