Annual report pursuant to Section 13 and 15(d)
Cover
Document And Entity Information
Financial Statements
Consolidated Balance Sheet
Consolidated Balance Sheet (Parentheticals)
Consolidated Statements of Income
Consolidated Statements of Comprehensive Income (Loss)
Consolidated Statements of Changes in Stockholder's Equity
Consolidated Statements of Changes in Stockholder's Equity (Parentheticals)
Consolidated Statements of Cash Flows
Notes to Financial Statements
Note 1 - Summary of Significant Accounting Policies
Note 2 - Acquisition Activity
Note 3 - Securities
Note 4 - Loans Receivable
Note 5 - Premises and Equipment, Net
Note 6 - Goodwill and Other Intangible Assets
Note 7 - Income Taxes
Note 8 - Deposits
Note 9 - Borrowed Funds
Note 10 - Employees' Benefit Plans
Note 11 - Stock Based Compensation
Note 12 - Regulatory Capital
Note 13 - Earnings Per Share
Note 14 - Related Party Transactions
Note 15 - Commitments and Contingencies
Note 16 - Derivative Financial Instruments
Note 17 - Fair Value of Financial Instruments
Note 18 - Parent Company Only Statements
Note 19 - Subsequent Events
Insider Trading Arrangements
Accounting Policies
Significant Accounting Policies (Policies)
Notes Tables
Note 1 - Summary of Significant Accounting Policies (Tables)
Note 2 - Acquisition Activity (Tables)
Note 3 - Securities (Tables)
Note 4 - Loans Receivable (Tables)
Note 5 - Premises and Equipment, Net (Tables)
Note 6 - Goodwill and Other Intangible Assets (Tables)
Note 7 - Income Taxes (Tables)
Note 8 - Deposits (Tables)
Note 9 - Borrowed Funds (Tables)
Note 11 - Stock Based Compensation (Tables)
Note 12 - Regulatory Capital (Tables)
Note 13 - Earnings Per Share (Tables)
Note 14 - Related Party Transactions (Tables)
Note 15 - Commitments and Contingencies (Tables)
Note 16 - Derivative Financial Instruments (Tables)
Note 17 - Fair Value of Financial Instruments (Tables)
Note 18 - Parent Company Only Statements (Tables)
Notes Details
Note 1 - Summary of Significant Accounting Policies (Details Textual)
Note 1 - Summary of Significant Accounting Policies - Implementation Adjustments (Details)
Note 2 - Acquisition Activity (Details Textual)
Note 2 - Acquisition Activity - Purchase Price (Details)
Note 2 - Acquisition Activity - Pro Forma Information (Details)
Note 2 - Acquisition Activity - Merger Expenses (Details)
Note 3 - Securities (Details Textual)
Note 3 - Securities - Available for Sale Securities (Details)
Note 3 - Securities - Estimated Fair Value of Available for Sale Securities, by Contractual Maturity (Details)
Note 3 - Securities - Sales of Available for Sale Securities (Details)
Note 3 - Securities - Available for Sale Securities, Accumulated Other Comprehensive Income (Loss) Balances, Net of Tax (Details)
Note 3 - Securities - Securities with Gross Unrealized Losses Not Recognized in Income (Details)
Note 4 - Loans Receivable (Details Textual)
Note 4 - Loans Receivable - Loans Receivable (Details)
Note 4 - Loans Receivable - Age Analysis of Past Due Loans (Details)
Note 4 - Loans Receivable - Credit Quality Indicators (Details)
Note 4 - Loans Receivable - Loan Modifications (Details)
Note 4 - Loans Receivable - Accretable Yield (Details)
Note 4 - Loans Receivable - Allowance for Loan Losses, by Loan Segment (Details)
Note 4 - Loans Receivable - Collateral Dependent Loans (Details)
Note 4 - Loans Receivable - Loans on Nonaccrual Status (Details)
Note 4 - Loans Receivable - Impairment Analysis (Details)
Note 4 - Loans Receivable - Individually Evaluated Impaired Loans (Details)
Note 4 - Loans Receivable - Changes in Liability for Credit Losses on Unfunded Commitments (Details)
Note 5 - Premises and Equipment, Net (Details Textual)
Note 5 - Premises and Equipment, Net - Premises and Equipment (Details)
Note 6 - Goodwill and Other Intangible Assets (Details Textual)
Note 6 - Goodwill and Other Intangible Assets - Schedule of Goodwill (Details)
Note 6 - Goodwill and Other Intangible Assets (Details)
Note 7 - Income Taxes (Details Textual)
Note 7 - Income Taxes - Income Tax Expense (Details)
Note 7 - Income Taxes - Effective Tax Rates (Details)
Note 7 - Income Taxes - Deferred Tax Assets and Liabilities (Details)
Note 8 - Deposits (Details Textual)
Note 8 - Deposits - Deposit Portfolio Balance (Details)
Note 8 - Deposits - Maturities of Certificates of Deposit (Details)
Note 9 - Borrowed Funds (Details Textual)
Note 9 - Borrowings - Borrowed Funds (Details)
Note 9 - Borrowings - Borrowed Funds (Details) (Parentheticals)
Note 9 - Borrowed Funds - Retail Repurchase Agreements (Details)
Note 10 - Employees' Benefit Plans (Details Textual)
Note 11 - Stock Based Compensation (Details Textual)
Note 11 - Stock Based Compensation - Restricted Stock Activity (Details)
Note 12 - Regulatory Capital (Details Textual)
Note 12 - Regulatory Capital - Regulatory Capital Requirements (Details)
Note 13 - Earnings Per Share - Reconciliation of Basic and Diluted Earnings per Common Share (Details)
Note 14 - Related Party Transactions (Details Textual)
Note 14 - Related Party Transactions - Related Party Loan Activity (Details)
Note 15 - Commitments and Contingencies (Details Textual)
Note 15 - Commitments and Contingencies - Outstanding Commitments (Details)
Note 16 - Derivative Financial Instruments - Non-hedging Derivative Financial Instruments (Details)
Note 16 - Derivative Financial Instruments - Offset Assets (Details)
Note 16 - Derivative Financial Instruments - Offset Liabilities (Details)
Note 17 - Fair Value of Financial Instruments (Details Textual)
Note 17 - Fair Value of Financial Instruments - Credit Loss Roll Forward for Trust Preferred Securities Classified with Other Than Temporary Impairment (Details)
Note 17 - Fair Value of Financial Instruments - Assets Measured at Fair Value on a Recurring Basis (Details)
Note 17 - Fair Values of Financial Instruments - Available for Sale Securities (Details)
Note 17 - Fair Values of Financial Instruments - Assets Measured on a Nonrecurring Basis (Details)
Note 17 - Fair Values of Financial Instruments - Fair Value of Financial Instruments (Details)
Note 18 - Parent Company Only Statements - Condensed Balance Sheet (Details)
Note 18 - Parent Company Only Statements - Condensed Income Statement (Details)
Note 18 - Parent Company Only Statements - Condensed Statements of Comprehensive Income (Details)
Note 18 - Parent Company Only Statements - Condensed Statements of Cash Flows (Details)
Note 19 - Subsequent Events (Details Textual)
Note 15 - Commitments and Contingencies - Outstanding Commitments (Details)
v3.24.1
Note 15 - Commitments and Contingencies - Outstanding Commitments (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Loans and leases receivable, commitments
$ 244,080
$ 252,311
Fixed Rate Commitment [Member]
Loans and leases receivable, commitments
90,547
107,554
Variable Rate Commitment [Member]
Loans and leases receivable, commitments
153,533
144,757
Residential Real Estate [Member]
Loans and leases receivable, commitments
22,093
21,983
Residential Real Estate [Member] | Fixed Rate Commitment [Member]
Loans and leases receivable, commitments
7
3
Residential Real Estate [Member] | Variable Rate Commitment [Member]
Loans and leases receivable, commitments
22,086
21,980
Home Equity Loan [Member]
Loans and leases receivable, commitments
52,045
54,432
Home Equity Loan [Member] | Fixed Rate Commitment [Member]
Loans and leases receivable, commitments
46,444
48,796
Home Equity Loan [Member] | Variable Rate Commitment [Member]
Loans and leases receivable, commitments
5,601
5,636
Commercial Real Estate [Member]
Loans and leases receivable, commitments
9,140
14,776
Commercial Real Estate [Member] | Fixed Rate Commitment [Member]
Loans and leases receivable, commitments
1,365
3,166
Commercial Real Estate [Member] | Variable Rate Commitment [Member]
Loans and leases receivable, commitments
7,775
11,610
Construction and Land Development [Member]
Loans and leases receivable, commitments
48,400
46,723
Construction and Land Development [Member] | Fixed Rate Commitment [Member]
Loans and leases receivable, commitments
13,010
24,296
Construction and Land Development [Member] | Variable Rate Commitment [Member]
Loans and leases receivable, commitments
35,390
22,427
Multifamily [Member]
Loans and leases receivable, commitments
1,175
2,222
Multifamily [Member] | Fixed Rate Commitment [Member]
Loans and leases receivable, commitments
117
884
Multifamily [Member] | Variable Rate Commitment [Member]
Loans and leases receivable, commitments
1,058
1,338
Consumer [Member]
Loans and leases receivable, commitments
28,611
29,586
Consumer [Member] | Fixed Rate Commitment [Member]
Loans and leases receivable, commitments
28,611
29,586
Consumer [Member] | Variable Rate Commitment [Member]
Loans and leases receivable, commitments
0
0
Commercial Business [Member]
Loans and leases receivable, commitments
82,616
76,446
Commercial Business [Member] | Fixed Rate Commitment [Member]
Loans and leases receivable, commitments
993
823
Commercial Business [Member] | Variable Rate Commitment [Member]
Loans and leases receivable, commitments
81,623
75,623
Lot [Member]
Loans and leases receivable, commitments
0
6,143
Lot [Member] | Fixed Rate Commitment [Member]
Loans and leases receivable, commitments
0
0
Lot [Member] | Variable Rate Commitment [Member]
Loans and leases receivable, commitments
$ 0
$ 6,143
X
- Definition
The amount of outstanding commitments to originate loans.
+ References
No definition available.
+ Details
Name:
fnwd_LoansAndLeasesReceivableCommitments
Namespace Prefix:
fnwd_
Data Type:
xbrli:monetaryItemType
Balance Type:
credit
Period Type:
duration
X
- Details
Name:
us-gaap_OtherCommitmentsAxis=fnwd_FixedRateCommitmentMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_OtherCommitmentsAxis=fnwd_VariableRateCommitmentMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_FinancialInstrumentAxis=us-gaap_ResidentialRealEstateMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_FinancialInstrumentAxis=us-gaap_HomeEquityLoanMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_FinancialInstrumentAxis=us-gaap_CommercialRealEstateMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_FinancialInstrumentAxis=fnwd_ConstructionAndLandDevelopmentMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_FinancialInstrumentAxis=srt_MultifamilyMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_FinancialInstrumentAxis=fnwd_ConsumerMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_FinancialInstrumentAxis=fnwd_CommercialBusinessMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_FinancialInstrumentAxis=fnwd_LotMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type: