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

Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Intangibles and Acquisition-related Accounting (Tables)

Note 6 - Intangibles and Acquisition-related Accounting (Tables)

6 Months Ended

Jun. 30, 2024

(Dollars in thousands)	2024		2023
Goodwill balance January 1,	$	22,395	$	22,395
Goodwill balance June 30,	$	22,395	$	22,395

Finite-Lived Intangible Assets Amortization Expense [Table Text Block]

The amortization recorded for the quarter ended June 30, is as follows:

(dollars in thousands)	Total
2023	$	388
2024	$	356

The amortization recorded for the six months ended June 30, is as follows:

(dollars in thousands)	Total
2023	$	779
2024	$	717

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Amortization to be recorded in future periods, is as follows:

(dollars in thousands)	Total
Remainder of 2024	$	695
2025		688
2026		360
2027		294
2028		228
Thereafter		290
Total	$	2,555

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

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+ Details