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

Annual report pursuant to Section 13 and 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Note 4 - Loans Receivable - Loans Receivable (Details)

v3.24.1

Note 4 - Loans Receivable - Loans Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Total loans secured by real estate	$ 1,369,893	$ 1,369,944
Loans Receivable	1,508,755	1,508,571
Net deferred loan origination costs	3,705	5,083
Undisbursed loan funds	135	23
Undisbursed loan funds	(135)	(23)
Loans receivable, net of deferred fees and costs	1,512,595	1,513,631
Residential Portfolio Segment [Member]
Total loans secured by real estate	484,948	484,595
Loans Receivable	484,948	484,595
Home Equity Portfolio Segment [Member]
Total loans secured by real estate	46,599	38,978
Loans Receivable	46,599	38,978
Commercial Real Estate Portfolio Segment [Member]
Total loans secured by real estate	503,202	486,431
Loans Receivable	503,202	486,431
Construction and Land Development Portfolio Segment [Member]
Total loans secured by real estate	115,227	108,926
Loans Receivable	115,227	108,926
Multifamily Portfolio Segment [Member]
Total loans secured by real estate	219,917	251,014
Loans Receivable	219,917	251,014
Commercial Portfolio Segment [Member]
Loans Receivable	97,386	93,278
Consumer Portfolio Segment [Member]
Loans Receivable	610	918
Manufactured Homes Portfolio Segment [Member]
Loans Receivable	30,845	34,882
Government Portfolio Segment [Member]
Loans Receivable	$ 10,021	$ 9,549

- Definition

Amortized cost, before allowance for credit loss, fee, and loan in process, of financing receivable. Excludes financing receivable covered under loss sharing agreement and net investment in lease.

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