Finward Bancorp Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Loans Receivable - Credit Quality Indicators (Details)

Loans Receivable - Credit Quality Indicators (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024	Dec. 31, 2024
Total Loans Receivable
2025	$ 64,475		$ 64,475		$ 124,670
2024	124,957		124,957		143,098
2023	132,229		132,229		291,855
2022	278,903		278,903		308,352
2021	278,031		278,031		211,268
Prior	493,164		493,164		324,738
Revolving	109,206		109,206		102,602
Revolving Converted to Term	1,478		1,478		0
Total	1,482,443		1,482,443		1,506,583
Total current period gross charge-off
2025			(21)		(64)
2024			0		0
2023			0		(1,010)
2022			0		(125)
2021			0		(2)
Prior			(107)		(1,267)
Revolving			0		0
Revolving Converted to Term			0		0
Charge-offs	(10)	$ (91)	(128)	$ (109)	(2,468)
Residential real estate
Total Loans Receivable
2025	6,569		6,569		13,118
2024	15,780		15,780		31,857
2023	30,492		30,492		91,850
2022	88,163		88,163		101,055
2021	98,623		98,623		103,616
Prior	213,601		213,601		123,329
Revolving	4,020		4,020		2,468
Revolving Converted to Term	0		0		0
Total	457,248		457,248		467,293
Total current period gross charge-off
2025			0		0
2024			0		0
2023			0		0
2022			0		0
2021			0		0
Prior			0		(28)
Revolving			0		0
Revolving Converted to Term			0		0
Charge-offs	0	0	0	0	(28)
Residential real estate \| Pass
Total Loans Receivable
2025	6,569		6,569		13,118
2024	15,780		15,780		30,947
2023	29,417		29,417		90,324
2022	85,492		85,492		99,390
2021	96,842		96,842		102,552
Prior	208,120		208,120		119,449
Revolving	4,020		4,020		2,468
Revolving Converted to Term	0		0		0
Total	446,240		446,240		458,248
Residential real estate \| Special Mention
Total Loans Receivable
2025	0		0		0
2024	0		0		371
2023	200		200		365
2022	1,173		1,173		1,064
2021	1,195		1,195		554
Prior	2,721		2,721		1,937
Revolving	0		0		0
Revolving Converted to Term	0		0		0
Total	5,289		5,289		4,291
Residential real estate \| Substandard
Total Loans Receivable
2025	0		0		0
2024	0		0		539
2023	875		875		1,161
2022	1,498		1,498		601
2021	586		586		510
Prior	2,760		2,760		1,943
Revolving	0		0		0
Revolving Converted to Term	0		0		0
Total	5,719		5,719		4,754
Home equity
Total Loans Receivable
2025	455		455		219
2024	151		151		200
2023	53		53		291
2022	222		222		110
2021	72		72		3
Prior	2,984		2,984		3,575
Revolving	45,697		45,697		45,360
Revolving Converted to Term	1,478		1,478		0
Total	51,112		51,112		49,758
Total current period gross charge-off
2025			0		0
2024			0		0
2023			0		0
2022			0		0
2021			0		0
Prior			0		0
Revolving			0		0
Revolving Converted to Term			0		0
Charge-offs	0	0	0	0	0
Home equity \| Pass
Total Loans Receivable
2025	455		455		193
2024	125		125		68
2023	45		45		153
2022	98		98		110
2021	52		52		0
Prior	2,680		2,680		3,342
Revolving	45,199		45,199		44,943
Revolving Converted to Term	891		891		0
Total	49,545		49,545		48,809
Home equity \| Special Mention
Total Loans Receivable
2025	0		0		0
2024	0		0		132
2023	8		8		0
2022	0		0		0
2021	20		20		3
Prior	76		76		15
Revolving	275		275		309
Revolving Converted to Term	199		199		0
Total	578		578		459
Home equity \| Substandard
Total Loans Receivable
2025	0		0		26
2024	26		26		0
2023	0		0		138
2022	124		124		0
2021	0		0		0
Prior	228		228		218
Revolving	223		223		108
Revolving Converted to Term	388		388		0
Total	989		989		490
Commercial real estate
Total Loans Receivable
2025	31,473		31,473		50,835
2024	54,571		54,571		67,290
2023	63,117		63,117		124,378
2022	118,761		118,761		98,581
2021	89,590		89,590		54,734
Prior	190,110		190,110		152,855
Revolving	3,469		3,469		3,001
Revolving Converted to Term	0		0		0
Total	551,091		551,091		551,674
Total current period gross charge-off
2025			0		0
2024			0		0
2023			0		0
2022			0		0
2021			0		0
Prior			0		0
Revolving			0		0
Revolving Converted to Term			0		0
Charge-offs	0	0	0	0	0
Commercial real estate \| Pass
Total Loans Receivable
2025	31,473		31,473		49,861
2024	53,648		53,648		67,290
2023	62,290		62,290		123,342
2022	115,973		115,973		96,206
2021	87,245		87,245		53,864
Prior	184,384		184,384		148,529
Revolving	3,444		3,444		2,976
Revolving Converted to Term	0		0		0
Total	538,457		538,457		542,068
Commercial real estate \| Special Mention
Total Loans Receivable
2025	0		0		974
2024	923		923		0
2023	827		827		1,036
2022	1,958		1,958		2,375
2021	2,345		2,345		668
Prior	5,375		5,375		2,930
Revolving	25		25		25
Revolving Converted to Term	0		0		0
Total	11,453		11,453		8,008
Commercial real estate \| Substandard
Total Loans Receivable
2025	0		0		0
2024	0		0		0
2023	0		0		0
2022	830		830		0
2021	0		0		202
Prior	351		351		1,396
Revolving	0		0		0
Revolving Converted to Term	0		0		0
Total	1,181		1,181		1,598
Construction and land development
Total Loans Receivable
2025	9,721		9,721		34,599
2024	31,082		31,082		25,378
2023	21,880		21,880		3,732
2022	3,285		3,285		10,341
2021	2,817		2,817		2,692
Prior	1,021		1,021		820
Revolving	4,989		4,989		5,312
Revolving Converted to Term	0		0
Total	74,795		74,795		82,874
Total current period gross charge-off
2025			0		0
2024			0		0
2023			0		0
2022			0		0
2021			0		0
Prior			0		0
Revolving			0		0
Revolving Converted to Term			0		0
Charge-offs	0	0	0	0	0
Construction and land development \| Pass
Total Loans Receivable
2025	9,721		9,721		34,599
2024	31,082		31,082		24,360
2023	20,411		20,411		3,732
2022	3,218		3,218		7,867
2021	1,444		1,444		224
Prior	1,021		1,021		820
Revolving	4,989		4,989		5,312
Revolving Converted to Term	0		0
Total	71,886		71,886		76,914
Construction and land development \| Special Mention
Total Loans Receivable
2025	0		0		0
2024	0		0		0
2023	458		458		0
2022	0		0		1,207
2021	122		122		2,468
Prior	0		0		0
Revolving	0		0		0
Revolving Converted to Term	0		0		0
Total	580		580		3,675
Construction and land development \| Substandard
Total Loans Receivable
2025	0		0		0
2024	0		0		1,018
2023	1,011		1,011		0
2022	67		67		1,267
2021	1,251		1,251		0
Prior	0		0		0
Revolving	0		0		0
Revolving Converted to Term	0		0		0
Total	2,329		2,329		2,285
Multifamily
Total Loans Receivable
2025	4,191		4,191		6,398
2024	6,343		6,343		8,923
2023	8,546		8,546		57,997
2022	56,574		56,574		79,267
2021	69,267		69,267		38,808
Prior	55,053		55,053		20,435
Revolving	466		466		627
Revolving Converted to Term	0		0		0
Total	200,440		200,440		212,455
Total current period gross charge-off
2025			0		0
2024			0		0
2023			0		0
2022			0		(125)
2021			0		0
Prior			(46)		0
Revolving			0		0
Revolving Converted to Term			0		0
Charge-offs	0	(65)	(46)	(65)	(125)
Multifamily \| Pass
Total Loans Receivable
2025	4,191		4,191		6,398
2024	6,343		6,343		8,923
2023	8,332		8,332		56,771
2022	55,381		55,381		74,716
2021	68,889		68,889		36,075
Prior	52,332		52,332		20,066
Revolving	466		466		627
Revolving Converted to Term	0		0		0
Total	195,934		195,934		203,576
Multifamily \| Special Mention
Total Loans Receivable
2025	0		0		0
2024	0		0		0
2023	0		0		780
2022	763		763		3,332
2021	378		378		1,217
Prior	1,204		1,204		0
Revolving	0		0		0
Revolving Converted to Term	0		0		0
Total	2,345		2,345		5,329
Multifamily \| Substandard
Total Loans Receivable
2025	0		0		0
2024	0		0		0
2023	214		214		446
2022	430		430		1,219
2021	0		0		1,516
Prior	1,517		1,517		369
Revolving	0		0		0
Revolving Converted to Term	0		0		0
Total	2,161		2,161		3,550
Commercial business
Total Loans Receivable
2025	4,606		4,606		14,655
2024	13,508		13,508		9,287
2023	8,032		8,032		10,499
2022	8,846		8,846		6,304
2021	5,524		5,524		3,830
Prior	14,555		14,555		13,837
Revolving	50,565		50,565		45,834
Revolving Converted to Term	0		0		0
Total	105,636		105,636		104,246
Total current period gross charge-off
2025			0		0
2024			0		0
2023			0		(1,010)
2022			0		0
2021			0		0
Prior			(61)		(1,239)
Revolving			0		0
Revolving Converted to Term			0		0
Charge-offs	0		(61)	0	(2,249)
Commercial business \| Pass
Total Loans Receivable
2025	4,606		4,606		14,655
2024	13,421		13,421		8,123
2023	6,953		6,953		9,441
2022	8,655		8,655		6,094
2021	5,346		5,346		3,653
Prior	13,145		13,145		11,416
Revolving	49,545		49,545		44,046
Revolving Converted to Term	0		0		0
Total	101,671		101,671		97,428
Commercial business \| Special Mention
Total Loans Receivable
2025	0		0		0
2024	87		87		25
2023	75		75		978
2022	0		0		39
2021	31		31		0
Prior	0		0		800
Revolving	928		928		1,686
Revolving Converted to Term	0		0		0
Total	1,121		1,121		3,528
Commercial business \| Substandard
Total Loans Receivable
2025	0		0		0
2024	0		0		1,139
2023	1,004		1,004		80
2022	191		191		171
2021	147		147		177
Prior	1,410		1,410		1,621
Revolving	92		92		102
Revolving Converted to Term	0		0		0
Total	2,844		2,844		3,290
Consumer
Total Loans Receivable
2025	2,110		2,110		301
2024	72		72		163
2023	109		109		34
2022	25		25		51
2021	31		31		0
Prior	0		0		2
Revolving	0		0		0
Revolving Converted to Term	0		0		0
Total	2,347		2,347		551
Total current period gross charge-off
2025			(21)		(64)
2024			0		0
2023			0		0
2022			0		0
2021			0		(2)
Prior			0		0
Revolving			0		0
Revolving Converted to Term			0		0
Charge-offs	(10)	(26)	(21)	(44)	(66)
Consumer \| Pass
Total Loans Receivable
2025	2,110		2,110		301
2024	72		72		163
2023	109		109		34
2022	25		25		51
2021	29		29		0
Prior	0		0		2
Revolving	0		0		0
Revolving Converted to Term	0		0		0
Total	2,345		2,345		551
Consumer \| Substandard
Total Loans Receivable
2025	0		0		0
2024	0		0		0
2023	0		0		0
2022	0		0		0
2021	2		2		0
Prior	0		0		0
Revolving	0		0		0
Revolving Converted to Term	0		0		0
Total	2		2		0
Manufactured homes
Total Loans Receivable
2025	0		0		0
2024	0		0		0
2023	0		0		1,634
2022	1,782		1,782		11,388
2021	10,940		10,940		7,585
Prior	12,424		12,424		6,101
Revolving	0		0		0
Revolving Converted to Term	0		0		0
Total	25,146		25,146		26,708
Total current period gross charge-off
2025			0		0
2024			0		0
2023			0		0
2022			0		0
2021			0		0
Prior			0		0
Revolving			0		0
Revolving Converted to Term			0		0
Charge-offs	0	0	0	0	0
Manufactured homes \| Pass
Total Loans Receivable
2025	0		0		0
2024	0		0		0
2023	0		0		1,634
2022	1,782		1,782		11,360
2021	10,879		10,879		7,559
Prior	12,390		12,390		6,101
Revolving	0		0		0
Revolving Converted to Term	0		0		0
Total	25,051		25,051		26,654
Manufactured homes \| Substandard
Total Loans Receivable
2025	0		0		0
2024	0		0		0
2023	0		0		0
2022	0		0		28
2021	61		61		26
Prior	34		34		0
Revolving	0		0		0
Revolving Converted to Term	0		0		0
Total	95		95		54
Government
Total Loans Receivable
2025	5,350		5,350		4,545
2024	3,450		3,450		0
2023	0		0		1,440
2022	1,245		1,245		1,255
2021	1,166		1,166		0
Prior	3,417		3,417		3,784
Revolving	0		0		0
Revolving Converted to Term	0		0		0
Total	14,628		14,628		11,024
Total current period gross charge-off
2025			0		0
2024			0		0
2023			0		0
2022			0		0
2021			0		0
Prior			0		0
Revolving			0		0
Revolving Converted to Term			0		0
Charge-offs	0	$ 0	0	$ 0	0
Government \| Pass
Total Loans Receivable
2025	5,350		5,350		4,545
2024	3,450		3,450		0
2023	0		0		1,440
2022	1,245		1,245		1,255
2021	1,166		1,166		0
Prior	3,417		3,417		3,784
Revolving	0		0		0
Revolving Converted to Term	0		0		0
Total	$ 14,628		$ 14,628		$ 11,024