Finward Bancorp Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Earnings Per Share

Note 8 - Earnings Per Share

3 Months Ended

Mar. 31, 2022

Note 8 - Earnings per Share

Earnings per common share is computed by dividing net income by the weighted-average number of common shares outstanding. A reconciliation of the numerators and denominators of the basic and diluted earnings per common share computations for the three months ended March 31, 2022, and 2021 are as follows:

(dollars in thousands except per share data)	Period ended March 31,
	2022		2021
Basic earnings per common share:
Net income as reported	$	2,135	$	4,543
Weighted average common shares outstanding		4,020,815		3,471,604
Basic earnings per common share	$	0.53	$	1.31

Diluted earnings per common share:
Net income as reported	$	2,135	$	4,543
Weighted average common shares outstanding		4,020,815		3,471,604
Weighted average common and dilutive potential common shares outstanding		4,020,815		3,471,604
Diluted earnings per common share	$	0.53	$	1.31